KDC Signs on to Frisco Mega Development, The Fields

Dallas-based KDC has joined the development team spearheaded by Hunt Realty and Karahan Cos. on the $10 billion Fields project in Frisco, Texas. The mixed-use mega-development will include over 10,000 residences and up to 18 million square feet of commercial space. At more than 2,500 acres, Fields is the largest, contiguous land assemblage in Frisco. With significant frontage along the Dallas North Tollway, Preston Road and Highway 380, uses will include single-family and multifamily residential, office, retail, education and recreation. Other development partners include Republic Property Group, Chief Partners LP and CrossTie Capital Ltd. PGA of America is moving its headquarters to the Fields from Palm Beach County, Florida. PGA’s $500 million development will include two championship golf courses, an Omni resort and a retail village. The University of North Texas is also constructing a branch campus at the site.