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Fields is an announced
In August 2018, it was reported that a partnership including Hunt Realty Investments and The Karahan Companies acquired what was then known as Headquarters Ranch, a 2,544-acre site on the northern edge of Frisco, from the estate of Frisco banker Bert Fields, Jr. The project is named after the Fields family, longtime owners of the land. Hunt Realty Investments and The Karahan Companies will develop the land. The development is expected to cost upwards of $12.7 billion.
Fields is being planned with more than 10,000 homes, at least 12 neighborhood parks on 72 acres, and some 18 million square feet of commercial space, including a major office center, a retail village, two golf courses, parks, trails, and other recreation spaces, and a 500-room Omni hotel. It has been projected that 30,000 people could eventually work at Fields. The rezoning of the land was approved on February 25, 2020.
planned community
A planned community, planned city, planned town, or planned settlement is any community that was carefully planned from its inception and is typically constructed on previously undeveloped land. This contrasts with settlements that evolve ...
in Frisco, Texas
Frisco is a city in Collin and Denton counties in the U.S. state of Texas. It is part of the Dallas–Fort Worth metroplex and about from both Dallas Love Field and Dallas/Fort Worth International Airport. Its population was 200,509 at the 2 ...
, situated on a 2,544-acre site along the Dallas North Tollway
The Dallas North Tollway (DNT, or simply the Tollway) is a controlled-access toll road operated by the North Texas Tollway Authority (NTTA), which runs from Interstate 35E near downtown Dallas, Texas (USA), to U.S. Highway 380, in Frisco, T ...
, Preston Road, and US 380
U.S. Route 380 (US 380) is an east–west United States highway. The highway's eastern terminus is in Greenville, Texas at an intersection with Interstate 30, of which the easternmost 3–4 miles are concurrent with US 69 in a loop around ...
. Along with housing, office and retail space, parks and a hotel, within Fields will be the new home of PGA of America
The Professional Golfers' Association of America (PGA of America) is an American organization of golf professionals that was founded in 1916. Consisting of nearly 29,000 men and women members, the PGA of America's undertaking is to establish ...
's headquarters, and the Frisco campus for the University of North Texas
The University of North Texas (UNT) is a public research university in Denton, Texas. It was founded as a nonsectarian, coeducational, private teachers college in 1890 and was formally adopted by the state 11 years later."Denton Normal School, ...
.
Background
In August 2018, it was reported that a partnership including Hunt Realty Investments and The Karahan Companies acquired what was then known as Headquarters Ranch, a 2,544-acre site on the northern edge of Frisco, from the estate of Frisco banker Bert Fields, Jr. The project is named after the Fields family, longtime owners of the land. Hunt Realty Investments and The Karahan Companies will develop the land. The development is expected to cost upwards of $12.7 billion.
Fields is being planned with more than 10,000 homes, at least 12 neighborhood parks on 72 acres, and some 18 million square feet of commercial space, including a major office center, a retail village, two golf courses, parks, trails, and other recreation spaces, and a 500-room Omni hotel. It has been projected that 30,000 people could eventually work at Fields. The rezoning of the land was approved on February 25, 2020.
PGA of America headquarters
In April 2018, it was reported that the Professional Golfers' Association of America was planning to move its national headquarters fromPalm Beach Gardens, Florida
Palm Beach Gardens is a city in Palm Beach County in the U.S. state of Florida, 77 miles north of downtown Miami. , the population was 59,182. Palm Beach Gardens is a principal city of the Miami metropolitan area, which was home to an estimated 6 ...
. The deal was finalized in December 2018, and PGA of America officially announced they would be relocating their headquarters to Frisco. The 600-acre development will include two championship golf courses, a short course, practice areas totaling 45 holes, a clubhouse, and an Omni hotel. The golf courses are expected to open in the summer of 2022, and the development will host the KitchenAid Senior PGA Championship in 2023. As home of the PGA, Frisco would host 23 professional golf tournaments in its first 12 years in operation, including the 2027 and 2034 PGA Championship
The PGA Championship (often referred to as the US PGA Championship or USPGA outside the United States) is an annual golf tournament conducted by the Professional Golfers' Association of America. It is one of the four men's major championships ...
s and the Ryder Cup.
University of North Texas branch
Fields will include a branch of theUniversity of North Texas
The University of North Texas (UNT) is a public research university in Denton, Texas. It was founded as a nonsectarian, coeducational, private teachers college in 1890 and was formally adopted by the state 11 years later."Denton Normal School, ...
, with student housing on the development. The campus could be as large as 150,000 square feet, with a student population of 3,000. The first part of the campus at Fields is anticipated to be ready by the end of 2022, with the first building structure, a parking lot, bell tower, amphitheater, and a pavilion.
See also
*Frisco, Texas
Frisco is a city in Collin and Denton counties in the U.S. state of Texas. It is part of the Dallas–Fort Worth metroplex and about from both Dallas Love Field and Dallas/Fort Worth International Airport. Its population was 200,509 at the 2 ...
* Professional Golfers' Association of America
* University of North Texas
The University of North Texas (UNT) is a public research university in Denton, Texas. It was founded as a nonsectarian, coeducational, private teachers college in 1890 and was formally adopted by the state 11 years later."Denton Normal School, ...
References
{{Reflist Frisco, Texas University of North Texas