What Frisco’s floundering $2 billion Wade Park development says about the D-FW economy and real estate

Frisco’s giant Wade Park, a $2B mixed-use development, was declared in default, and lender Bamcap Partners is seeking foreclosure. The lender, which has provided over $48M in loans to the.

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Frisco’s Wade Park Development. by Betsy deVenny | September 24, 2014. Have you heard about Frisco’s newest addition, Wade Park?Located along the Dallas North Tollway just south of Lebanon Road, this 175-acre mixed-use development by Thomas Land & Development broke ground in August of 2014.

Receive the latest local updates in your inbox. Observers of North Texas real estate may have noticed something unusual about Frisco’s $2 billion Wade Park development. Namely, that it is still a very large hole in the ground and not the 175 acres of apartments, offices and high-end retail space promised by Atlanta-based Thomas Land & Development back in 2014.

Frisco’s newest 175-acre mixed-use development redefines upscale elegance in a contemporary, eclectic setting. At a time when many developments throw around the phrase "live, work, play," Wade Park embodies it, bringing the best of the Uptown Dallas lifestyle to Frisco.

Development Hurdles at Frisco’s Wade Park. More than .2 million worth of liens have been filed on the 175-acre mixed-use development in the $5 billion mile. By Julia Bunch Published in Commercial Real Estate December 8, 2017 12:32 pm. The northernmost fraction of Frisco’s $5 billion mile called Wade Park has hit some development snags.

In the D-FW area, the supply of homes listed for sale with real estate agents is only about half that level at just over 2 months of inventory." – This is true for Frisco, Plano, McKinney, Allen, but some areas like The Colony, Carrollton, and Richardson are still closer to 1 month of inventory.

It’s been said that ‘location’ puts the ‘prime’ in prime real estate, and there’s no area hotter in North Texas right now than the 91 acre Frisco development that will be home to the.

Observers of North Texas real estate may have noticed something unusual about Frisco’s $2 billion Wade Park development. Namely, that it is still a very large hole in the ground and not the 175 acres of apartments, offices and high-end retail space promised by Atlanta-based Thomas Land & Development back in 2014.

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