Thomas Land & Development breaks ground on mixed-use development in Texas

6 August 2014 (Last Updated August 6th, 2014 18:30)

Georgia-based developer Thomas Land & Development (TL&D) has broken ground on a new mixed-use development, Wade Park, in Frisco, Texas.

Georgia-based developer Thomas Land & Development (TL&D) has broken ground on a new mixed-use development, Wade Park, in Frisco, Texas.

Located on a 175 acre site on the south-east corner of Lebanon Road and the Dallas North Tollway, Wade Park will provide space for retail, dining, entertainment, hotels, office and residences.

The general contractor for the project is Balfour Beatty, while the project architect is Wakefield Beasley & Associates.

The project will be carried out in phases, according to TL&D officials.

"Frisco's growth it is really never about the buildings, never about the streets and infrastructure or what you put here, it's always about the people and always has been."

In the first phase, around 110 acres will be used to build a 45,000ft² of Whole Foods store and office space. It will also include the development of more than 600,000ft² of space for retail stores and more than two million ft2 of class-A office space.

The first phase of the project is scheduled for completion in spring 2016.

TL&D CEO and president Stan Thomas was quoted by community Impact as saying: "Over the next few months we are going to be announcing different tenants that we've signed, and we've been very blessed to sign quite a few already.

"We've had a tremendous amount of success, some 15 different restaurants with celebrity chefs and special places to have fun and for entertainment, for bowling, for any kind of premier movie experience; all of those are things that you will expect here."

The project will also see the construction of 1,300 apartments, 50 condominiums and 127 Charleston-style single-family homes with luxury amenities and concierge services.

Frisco mayor Maher Maso said: "This is a true mixed-use project that will grow with us.

"With Frisco's growth it is really never about the buildings, never about the streets and infrastructure or what you put here, it's always about the people and always has been, [including] the quality partnerships, and Thomas Land & Development is one of them."