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Firefly Park

Location
16190 Mahard Pkwy Frisco, TX 75033
GLA
120,000 Retail
Owner
Wilks Development
Center type
Lifestyle
Property website
fireflypark.com
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New Development
Location
16190 Mahard Pkwy Frisco, TX 75033
GLA
120,000 Retail
Owner
Wilks Development
Center type
Lifestyle
Property website
fireflypark.com

Description

Firefly Park represents the next evolution in North Texas' commercial landscape, strategically positioned at the coveted intersection of US 380 and the Dallas North Tollway in Frisco - one of America's fastest-growing communities. This visionary 45-acre master-planned development will feature 400,000 SF of premium retail, restaurant, and entertainment spaces anchored by a spectacular park setting with playgrounds, scenic trails, and ponds. The mixed-use destination includes plans for 3 million SF of Class A office space, 1,970 luxury residential units, 1,200 hotel rooms, and a 3,000-capacity amphitheater. Phase 1 retail opportunities encompass 120,000 SF of highly desirable spaces with lake, park, and street-facing storefronts, complemented by generous patio areas overlooking Firefly Park's meticulously designed green spaces. The project's first phase also includes the 191-room Dream Hotel by Hyatt, 150,000 SF of premium office space, and luxury high-rise and mid-rise residential components. Developed by Wilks Development with an internationally renowned design team including UNStudio, Sasaki, and Michael Hsu Office of Architecture, Firefly Park offers unparalleled proximity to major attractions including PGA Frisco, Omni PGA Resort, The Star, and the upcoming Universal Theme Park. The development sits within Frisco's prestigious North Platinum Corridor, providing access to an educated workforce, excellent schools, and four convenient airports.

Firefly Park represents the next evolution in North Texas' commercial landscape, strategically positioned at the coveted intersection of US 380 and the Dallas North Tollway in Frisco - one of America's fastest-growing communities.

This visionary 45-acre master-planned development will feature 400,000 SF of premium retail, restaurant, and entertainment spaces anchored by a spectacular park setting with playgrounds, scenic trails, and ponds. The mixed-use destination includes plans for 3 million SF of Class A office space, 1,970 luxury residential units, 1,200 hotel rooms, and a 3,000-capacity amphitheater.

Phase 1 retail opportunities encompass 120,000 SF of highly desirable spaces with lake,

...Read more
News & Alerts

We began pouring roads two weeks ago and have made significant progress since. With paving well underway, we’re laying the foundation—both literally and figuratively—for the next phase of development.

As infrastructure work continues to move forward, we’re getting closer to going vertical. Exciting times ahead at Firefly Park as we bring this dynamic, mixed-use community to life.

Reach out to Haylee Swinton HSwinton@kobaltinvestco.com to discuss

13 days ago

April marks a significant milestone for Firefly Park, as it’s officially been one year since we broke ground on this transformative project. Over the past year, we’ve made remarkable progress, laying the foundation for what will become a premier destination in Frisco.

Here’s a look at some of the major milestones we’ve achieved:

🔸April 2024 – Wilks Development and the Frisco Economic Development Corporation (Frisco EDC) signed a development agreement, officially launching Phase One of construction.

🔸August 2024 – Wilks Development selected Texas-based brokerage firms Transwestern Real Estate Services (office) and Kobalt Investment Co. (retail) to oversee leasing efforts.

🔸October 2024 – The Frisco Planning & Zoning Commission approved two site plans for the future multifamily units.

🔸November – December 2024 – Major strides were made in horizontal development, setting the stage for future vertical construction.

🔸February 2025 – The Frisco Planning & Zoning Commission approved two additional site plans for a parking garage and 10 retail and restaurant buildings.

🔸March 2025 – Pleasant Ridge bridge peer drilling began, with lime stabilization and paving scheduled to kick off in April. Additionally, the Frisco Planning & Zoning Commission approved the site plan for the Dream Hotel and Firefly Offices building.

🔸April - As infrastructure work nears completion, The Noc and Cana at Firefly Park are positioned to be among the first vertical projects to break ground.

We’re proud of our remarkable progress and even more excited about what’s on the horizon. With each milestone, Firefly Park is transforming from vision to reality—bringing Frisco closer to a vibrant destination where innovation, lifestyle, and community converge.

2 months ago

Stake your claim in an extraordinary opportunity at Firefly Park—the Wilks Family's visionary legacy asset located at the strategic intersection of Highway 380 and the Dallas North Tollway.

Positioned in the fastest-growing corridor in the United States, this premier development boasts prestigious neighbors including the new PGA of America Headquarters and The Bays by TaylorMade.

The 200-acre master-planned community features a magnificent 45-acre park at its heart, creating a harmonious environment where business and lifestyle seamlessly converge. Every aspect of Firefly Park has been meticulously designed to create a sustainable, vibrant community that will thrive for generations.

This unprecedented retail platform opportunity represents more than just real estate—it's your chance to be part of a transformative project that will define North Texas for decades to come. Firefly Park isn't just another development. It's a landmark destination crafted with vision, purpose, and exceptional attention to detail.

Secure your position in this extraordinary legacy project today and become part of the Wilks Family's enduring contribution to North Texas' remarkable growth story.

3 months ago
Center Contacts
Haylee Swinton
Haylee Swinton
Founding Principal
Kobalt Retail Services
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