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FC Dallas Seeking $182M in Stadium Upgrades
The Frisco City Council could soon vote to issue up to $182 million in sales tax revenue bonds to support upgrades at the 19-year-old Toyota Stadium, where FC Dallas plays its games. Hunt Sports Group, owner of FC Dallas, would also move forward with a plan to turn the area around Toyota Stadium into something comparable to the Star at Frisco, a mixed-use development centered around the Dallas Cowboys practice facility.
Hunt Sports Group proposes 1.2 million square feet of class-A office space, a 180,000-square-foot upscale hotel with 200 rooms and a 200-unit multifamily high-rise with retail and restaurant space on the ground floor. The development would also include 30,000 square feet of additional retail and restaurant space, parking structures, complimentary civic spaces and an urban streetscape. Hunt Sports Group is looking for town incentives on improvements outside the stadium as well.
Stadium improvements include upgrades to club spaces and seating, luxury suites, new broadcast booths and press box areas. The reconstructed concourse structures will also include new public restrooms, concessions and retail outlets.
- ◦Development