Friscos 5B Mile Reputation Going Global

Friscos 5B Mile Reputation Going Global

Frisco’s heavily hyped $5 Billion Mile is getting noticed not just nationwide, but around the world, a top state economic developer said at an executive forum in the city early Wednesday.


Frisco has $5.4 billion of investment either announced or under construction within a mile stretch, said Tracye McDaniel, president and CEO of TexasOne, a public-private partnership that markets the state as a premier business location. The organization generates leads for jobs and investment.


The Star, a 91-acre campus along the Dallas North Tollway, is part of Frisco's $5 Billion Mile, which is garnering increasing attention from around the globe.

“That’s Texas-style development,” McDaniel said of the $5B Mile. “Frisco can now claim one of the most dynamic development concentrations in America.”


Investors around the world — places like Korea, China, Dubai, Germany, Peru and Honduras — are interested and investing in and around the $5 Billion Mile, McDaniel said.

“We look forward to supporting the continuation of this great momentum in 2016,” she said.


The first piece of the $5 Billion Mile will be completed this year with the opening of the Dallas Cowboys’ headquarters and multi-use events center, known as The Ford Center at The Star. Four more major developments are in the works along the stretch of the Dallas North Tollway between Warren Parkway and Lebanon Road.


Texas has 54 headquarters of Fortune 500 companies and 423 headquarters of companies in the Inc. 5000, and is aiming for more this year, McDaniel told me in an interview after the meeting.


“Headquarters are such a crown jewel that you’re not going to have a big movement, but we have a couple of active (Fortune 500) projects that companies are exploring headquarter locations outside of their base,” she said. “If you think about it, there are 500 companies that fit into that space in the United States, and all of the states are trying to get them. But we’re very competitive as a state.”


She declined to say what companies are looking.


The other key piece of the economic development pie is hanging on to what you have.


That’s done by sitting down with the companies headquartered in Texas and asking them if they’re planning any expansions or moves within or outside the state. If they’re thinking about heading out, TexasOne asks what they can do to keep them. “It’s a chance to sit down with them and find out about their plans,” McDaniel said.


On the North Texas front, Dale Petroskey, president and CEO of the Dallas Regional Chamber, told me last week that four Fortune 1000 companies are seriously considering relocating their headquarters to Dallas or its surrounding suburbs.


The four have different time frames for their moves, Petroskey said. One is expected to decide whether North Texas makes the cut in the first half of this year.


“We’ve made it to the finals with these companies,” he said. “A lot of people want to move here.”


The Dallas area has attracted 70 corporate headquarters in the past five years, including 35 from California alone.



Deborah Boyd Headshot
Author:
Phone: 940-368-1306
Dated: February 3rd 2016
Views: 1,183
About Deborah: My family has lived in North Texas for generations so I personally know the residential areas of Fri...

Property Search








RSS Feed

View our latest blog posts in your RSS reader. Click here to access. RSS

Search Blog

Recent Blogs

Is A Spec Home Right For Your Family - Buying a home is a stressful,
Mar 25 2017 35110 1 - It's a Seller's Market! Should I
Mar 24 2017 17359 1 - How Low Supply & High Demand
Plano - Plano  Best City for,

Our Bloggers

Comprar Casa DFW * - 1
Gabrielle Armstrong - 5
Cara Balderas - 39
Tami Bennett - 45
Jessica Boozer - 18
Rhonda Borgne - 1
Olivia Borowski - 1
Jennifer Boyd - 2
Deborah Boyd - 390
Jamie Brannagan - 1
Kathryn Brick - 1
Annette Bruen - 20
Moira Brunken - 18
Beverly Bryant - 23
Ana Cantu - 1
Lisa Cardillo - 52
Bob Cardillo - 4
Lucina Cervantes - 11
Gregory Cornett - 2
Angela Cotten - 71
Missie Craig - 12
Greg Cunningham - 2
Belinda Duff - 5
Leah Ecob - 15
Kristine Edens - 3
Jill Elliott - 99
Laneal Ernest - 9
Nicole Espinosa - 27
Christopher Evans - 1
Heather Feragotti - 8
Mark Fischer - 2
Susan Florsch - 12
Jennifer Flynn - 8
Leslie Fogle - 101
Larry Frassinelli - 6
Chad Gabriel - 58
Shalee Garza - 10
Cassie Gillock - 2
Christina Gonzalez - 5
Wilma Goodwin - 2
William Graves - 5
Kristen Henderson - 1
Beth Herr - 1
Hunter Howard - 1
Sandra Hunt - 89
Bill Hurd - 3
Gary Hutchings - 20
Rachel Jama - 47
Trenton Johnson - 15
Felicia Johnson - 78
Jemi Khan - 26
Leigh Klotz - 5
Amber L Johnson - 8
Michele Lafortune - 22
Wanda Lewis - 2
Noreen Lodhi - 9
Stacy Lynn Massar - 27
Jennifer Menting - 17
Mikki Migis - 8
Richard Mikus - 1
Sean Moniri - 21
Naddia Morales - 10
Keith Moses - 9
Mark Mulch - 19
Erick Murphy - 6
Steve Murray - 1
Julie Nicholson - 10
Nikki Okpuzor - 3
Alan Oliver - 7
Kelly Oltmann - 4
Kaysone Orlando - 1
Holli Paddio - 3
JP Piccinini - 50
Julie Ann Pickering - 85
Ann-Marie Pope - 2
John Priestash - 1
Joshua Putman - 111
Mimi Rader - 1
Shelia Randolph - 33
Teneka Ray - 1
Go 2 Girls Realty - 173
Bethany Rowan - 15
Kristi Roy - 1
Kelly Rumney - 9
Amy Jo Saenz - 3
Linda Scardis - 4
Sandy Setliff - 212
Christine Shannon - 29
Rene Sinclair - 27
Shelby Smith - 3
Bryce Smith - 5
Monica Solkhon - 1
Rodrigo Sotomayor - 16
Jenna Stanley - 9
Kelley Stubbs - 3
Melodie Sulgrove - 1
Seana Taylor - 208
Mary Taylor - 14
Kevin Taylor - 15
Julian Taylor - 17
Erica Taylor - 52
Angela Taylor - 1
Karla Terrell - 2
Joey Thomas - 2
Jason Todd - 24
Andrea Trimble - 55
Miguel Umana - 6
Diane Velez - 17
Debbie Viverito - 132
Nick Walton - 75
Spring Weeks - 9
Michael Worley - 160
Keisha York - 30
Debbie Zurita - 17

Saved Properties

This is a list of your favorite properties. We will email you if a property is reduced or leaves the market.

Click 'Save' to add a property to this list.

Register / Login

New & returning visitors please enter your information to login.

By clicking 'register' you are agreeing to our terms of use & giving us expressed written consent to contact you.

Questions? Comments? Complaints?

This message will go directly to the head of our team.

Location & Address

JP And Associates REALTORS
6175 Main Street #355 Frisco Texas 75034
Frisco, TX
972-375-9448
4692875503

Other Locations