Frisco has changed immensely in the last decade. What was once a typical Dallas residential tract has quickly developed into a well-known submarket in the national spotlight. Now an appealing epicenter of residential, retail, and higher-end commercial space, Frisco has become one of the most sought-after areas in the Metroplex.
With several mixed-use and residential projects currently underway, the future is undoubtedly bright for Frisco as the city nears total development. To assist companies looking to make Frisco their new home, TenantBase has put together a brief guide to highlight the specific strengths that are helping lead Dallas’ economic charge.
Frisco commercial space has become synonymous with large corporate headquarters and campuses, professional firms, and larger distributors have all moved into Frisco's appealing borders, further cementing the city's place within the region's dynamic economic growth.
Commercial space varies widely in Frisco, ranging from 2,000 to 30,000 SF, predominantly in Class A+ high-rises and Class B complexes. Rents also vary according to the type of space, with Class A properties averaging over $30 per SF. The much-publicized construction of Frisco Station, a $5 billion multi-use development that includes residential, retail, and office space, will continue the city's remarkable economic evolution. The first office building alone will create an additional 225,000 SF of Class A office space, only further extending Frisco’s already substantial corporate appeal.
Commuting into and out of Frisco doesn’t require quite the same patience as Downtown or other highly congested areas in Dallas, but an informed approach will still greatly benefit employees, particularly those battling the influx of cars stemming from the suburbs north of the Metroplex. With the Dallas North Tollway bisecting the city and the 121 skirting it to the south, a small investment into an NTTA TollTag can save both money and frustration by avoiding the bulk of rush hour traffic. DART bus lines are another option that allows commuters to skip the freeways altogether.
The significant housing, dining, and shopping options throughout Frisco make it especially attractive to talent. Retail developers continue to transform the area’s economy, the Legacy West complex in nearby Plano epitomizing the convergence of higher-end shopping, dining, and entertainment that’s a destination unto itself. Frisco Station will only add to the lifestyle options upon completion, making Frisco a remarkably attractive place that will undoubtedly appeal to talent well into the future.
Frisco is a dynamic, exciting city in the northern Metroplex that continues its remarkable change from a quiet residential area to an economic force. As appealing as Frisco is to companies hoping to harness its potential, its rapid development requires an experienced guide to make sound choices in local office space. With incomparable expertise and the experience needed to navigate such dynamic growth, TenantBase can help you find the ideal office space in Frisco to fully leverage the benefits it can provide.