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    Development news

    Massive development coming to Frisco with townhomes, park, and Dream Hotel

    Cecilia Lenzen
    Apr 24, 2024 | 4:24 pm
    A rendering of Firefly Park

    Firefly Park is a 242-acre mixed-use development

    Rendering courtesy of Wilks Development

    A new mixed-use development with offices, residential units, and a location of the boutique luxury Dream Hotel is underway in Frisco.

    Called Firefly Park, the project will be a collaboration between real estate company Wilks Development and the Frisco Economic Development Corporation, built at the intersection of US 380 and the Dallas North Tollway along PGA Parkway, comprising 242 acres total, with 159 acres owned by Wilks and 59 acres owned by Frisco EDC.

    According to a release, the development will break ground this spring and will include office space, retail, dining, and entertainment, plus 230 townhomes, 1,970 residential units, and 1,200 rooms at the Dream Hotel, a Chicago-based group subsidiary of Hyatt with locations in Nashville, New York, Miami, and Qatar.

    The centerpiece will be a 45-acre park and open space featuring a "chain of lakes," with an illuminated and immersive outdoor art walk, miles of hike and bike trails, fountain views, and family-friendly playgrounds. Other amenities include a wedding chapel, event lawn, and amphitheater.

    The initial phase will involve the construction of public infrastructure, including streets and roads, medians, driveways, turn lanes, fire lanes, water lines, wastewater mains, drainage, electric utilities, gas utilities, and telecom/fiber networks, to be executed by Frisco EDC and Frisco North Development LLC, a subsidiary of Wilks Development.

    Mahard Parkway will eventually be built out to a divided four-lane boulevard that connects PGA Parkway to US 380. A new bridge for pedestrians, cyclists, and vehicles will be constructed across a lake and open space along Shearwater Boulevard.

    The first phase of the development agreement requires the construction of the Dream Hotel, office space, dining and shopping venues, and the park.

    The project has been in the works since 2022. Wilks Development originally purchased the land in 2015, a fortuitous acquisition preceding the PGA of America relocation to Frisco. The Omni PGA Frisco Resort and courses opened in May 2023. Frisco EDC President Jason Ford calls it the "PGA halo effect", accelerating development in north Frisco.

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    Bang for Buck

    Surprising Dallas neighbor unlocks biggest apartments in DFW for $1,500

    Amber Heckler
    Jun 26, 2026 | 9:00 am
    Apartment interior
    Photo courtesy of RentCafe
    Mesquite has the biggest apartments on a budget in DFW.

    Budget-conscious renters searching for the roomiest apartments in the region should look no further than Mesquite. According to a new study, the Dallas suburb boasts the most bang for your buck in terms of space in North Texas.

    In 2026, Mesquite residents can rent just shy of 1,000 square feet (a 988-square-foot apartment) for $1,500 per month. That's eight square feet more than what they could get with the same budget last year.

    RentCafe's annual report analyzes the places where renters can find the largest apartment sizes across 200 of the most populous U.S. cities for a monthly budget of $1,500. The price per square foot was calculated using the average apartment rent and size per city based on "multifamily properties" containing 50 or more units.

    Mesquite offers the most spacious apartment size in the Dallas-Fort Worth Metroplex for $1,500, and the city boasts the 10th biggest apartments in Texas on that budget.

    Elsewhere in the area, Denton saw the second biggest leap in apartment size nationwide since 2025, the report found. Renters there could lease an 835-square-foot apartment for $1,500 last year, and that has jumped to 862 square feet in 2026.

    Dallas renters, on the other hand, will only net an 803-square-foot apartment for the same monthly cost, which is down 11 square feet from last year. Dallas ranks third from the bottom in the statewide list of cities that offer the largest apartments for the $1,500 price tag, with Frisco and Austin ranking even lower. Apartment hunters in Frisco will get only 798 square feet for $1,500.

    Here's how much space you can get for $1,500 elsewhere in Dallas-Fort Worth this year, from largest to smallest:

    • Arlington – 927 square feet
    • Garland – 924 square feet
    • Fort Worth – 913 square feet
    • McKinney – 885 square feet
    • Grand Prairie – 873 square feet
    • Irving – 859 square feet
    • Plano – 820 square feet
    Apartment sizes across Texas
    For the second year in a row, South Texas is the region that has the most spacious apartments for a $1,500 monthly budget, RentCafe found.

    McAllen leads the nation with the biggest apartment size – at 1,378 square feet – which is large enough for a three- or four-bedroom unit.

    "With rents averaging just $993 and the typical apartment measuring 912 square feet, McAllen renters get a lot more space for their money than most Americans do within that monthly budget," the report said. "Still, that figure is down slightly from last year’s 1,393 square feet — a sign that even the most affordable markets are starting to tighten."

    McAllen neighbor Brownsville ranks fourth statewide with apartments spanning 1,213 square feet for the same budget.

    These are the top 10 Texas cities that offer the biggest apartments for $1,500 in 2026:

    • No. 1 – McAllen (1,378 square feet)
    • No. 2 – Amarillo (1,237 square feet)
    • No. 3 – Lubbock (1,217 square feet)
    • No. 4 – Brownsville (1,213 square feet)
    • No. 5 – El Paso (1,128 square feet)
    • No. 6 – Pasadena (1,125 square feet)
    • No. 7 – Corpus Christi (1,115 square feet)
    • No. 8 – Killeen (1,058 square feet)
    • No. 9 – San Antonio (1,023 square feet)
    • No. 10 – Mesquite (988 square feet)
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