Hall Group is set to break ground in June on The Terraces at Hall Park, a 200,000-square-foot office tower and a $14 million expansion of Kaleidoscope Park in Frisco.
Hall Group is moving forward with the latest phase of its $7 billion redevelopment of Hall Park in Frisco. The company is preparing to break ground on a 10-story, Class A office building named The Terraces Hall Park, which will feature more than 200,000 square feet of office space atop a 1,300-spot parking garage. Approximately 60% of the building will consist of move-in-ready spec suites, while the remainder will be delivered as customizable shell space. The project, which has an estimated construction cost of $140 million, is expected to reach completion in 2028.
In addition to the office tower, Hall Group is partnering with the city of Frisco, the Kaleidoscope Park Foundation, and the Frisco Community Development Corp. to execute a $14 million expansion of the adjacent Kaleidoscope Park. This project will add 1.4 acres of greenspace, including a large performance lawn, a water feature, and an outdoor video screen. A ceremonial groundbreaking for these components is scheduled for June 10.
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