City of Frisco, Texas to partner with Forest City and Ernest Mahard Jr. to develop mixed-use project

Frisco, Texas --The City of Frisco executed a Memorandum of Understanding with Forest City Development and its partner, Ernest Mahard Jr. to develop a 320-acre mixed-use development on the southwest corner of the Dallas North Tollway and U.S. Highway 380.

Bounded by Virginia Parkway and County Road 26, this development will encompass retail, residential, office, entertainment, hospitality, municipal parks and services.

“We’re very excited to forge a new, public/private partnership with Forest City Development, representing the largest mixed-use project planned for Frisco in the near future,” said Mayor Maher Maso. “The caliber of this project will serve as an economic catalyst for quality development in the northern part of our city and further enhance Frisco’s ever-growing reputation as a retail and entertainment destination. This venture is the culmination of many years of visioning and hard work. We’re anxious to get started and welcome Forest City to Frisco.”