Financing for the mixed-use project was backed by Bank of America, JPMorgan Chase and Prosperity Bank. The City of Frisco also issued $70 million in municipal bonds for the project late last month to help finance the start of construction. The Dallas Business Journal reports the Fields West development is a collaboration between The Karahan Cos., Hunt Realty Investments Inc., Chief Partners, and Cross Tie Capital.
Overall, the 55-acre Fields West is expected to feature 350,000 square feet of shopping, dining and entertainment space at full buildout over three phases, along with 325,000 square feet of office space. The larger 2,500-acre Fields community already features the PGA of America headquarters and the $520 million Omni PGA Frisco Resort and is adding the $550 million Universal Kids Resort.
70% of the retail space is already taken and the set of amenities is expected to open in the third quarter of 2027. SHOP Companies is leading the retail leasing, while CBRE is managing the office leasing.
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