Frisco Center |
Sinacola Cos.' land bank has roughly 120 developable acres. Based on a 30% coverage formula, the dirt could support nearly 1.6 million sf of office, flex, showroom and light-industrial space at the crossroads of Frisco Street and Research Road. Frisco Center includes a 35-acre tract to create a medical technology corridor, which will be anchored by the $11-million BTS for the Frisco EDC as the headquarters for a city-backed, non-profit business accelerator.
"It's a flagship building and a dynamic use. Everyone is really excited about the potential that this ground is going to add," says Stephen Scott, Sinacola's vice president. "You really can't get any better backing and it's been a team effort."
Frisco Center's first ground-up space was Sinacola's 35,000-sf, two-story headquarters building built in 2001. About 2.5 years ago, the five-year-old North Texas Enterprise Center for Medical Technology or NTEC Inc. team started to search for a larger office. The nonprofit provides space and facilities to emerging tech companies until they can graduate to self-sustaining levels. It's been operating out of 11,000 sf at 2611 Internet Blvd. in Hall Office Park.
When the search for existing space proved futile, the Frisco EDC decided it had to build, opening talks with Sinacola for a 4.5-acre tract at 6170 Research Rd. "We had to turn away companies due to space," says James Gandy, president of Frisco EDC. "Our only alternative to go forward was to build a new building."
NTEC HQ |
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