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Local Developer ‘Tops Out’ Three New Towers

Real Estate

In mid-December, Dallas-based HALL Group announced that it had placed the final beams on three of HALL Park's towers, which are part of a planned $7 billion master plan development. | Image by Hall Group

A local commercial development firm has “topped out” on three new multi-million dollar towers at Frisco’s HALL Park.

Topping out” is a development milestone — believed to have originated in Scandinavia in 700 A.D. — in which the final construction beam (or its equivalent) is placed atop a building or structure during its erection.

In mid-December, Dallas-based HALL Group announced that it had placed the final beams on three of HALL Park’s towers, which are part of a planned $7 billion master plan development, according to HALL Group.

The three towers are located on Gaylord Parkway in Frisco and include a 16-story Class AAA office tower; a 224-key boutique hotel and suites; and a 19-story luxury multifamily tower, according to a December 19 press release by HALL Group.

HALL Group’s three new towers — the office tower, hotel and suites, and residential building — have an expected completion date of year-end 2023. Initial construction on the towers marked the first phase of a 20-year master plan.

The $500 million first phase of the new masterplan development “will evolve HALL Park, its existing 15-building, and three towers into a dynamic mixed-use community.

Of the three new towers, the office tower — designed by HKS Architects — will encompass 410,000 square feet of Class AAA office space. It will feature a corporate lounge, on-site fitness center, meeting spaces, a seven-level parking garage, and two well-equipped rooftop amenity decks.

The 331,529-square-foot multifamily residential tower was designed by WDG Architects.

The 17,000 square feet of amenity space will feature a pool, fitness center, outdoor grilling areas, a dedicated space for yoga and meditation, and a 10,000-square-foot eatery with a selection of ten restaurants.

Merriman Anderson Architects was the lead designer for the hotel and suite tower, which includes 60 suites and roughly 14,000 square feet of event space. Residents and guests will enjoy an outdoor pool, a state-of-the-art fitness center, and a chef-driven restaurant and lounge.

“HALL Park, alongside the city’s great civic leadership, has been one of the catalysts in growing Frisco from a town of less than 10,000 people into a nationally recognized hub for business and commerce,” said Donald Braun, president of HALL Group, during the “topping out” ceremony.

“The development of this building, Kaleidoscope Park, and the neighboring towers under construction, is a turning point in our long-term vision for HALL Park, transforming it from a singular office focus into a dynamic, urban-like, mixed-use community, Braun said. “I hope that a year from now, you will bring your family and friends by to show them what you built.”

As neighboring cities continue to see increasing real estate development, Dallas has struggled to stay commercially competitive. Key reasons are the City’s flawed permitting system and internal Department issues, such as its ongoing staff shortages.

Development Services saw numerous improvements in 2022, but the Department’s Director and Chief Building Official, Andrew Espinoza, expressed even more enthusiasm about the improvement yet to come in 2023.

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