Vertical construction is officially underway on Fields West, a massive $800 million mixed-use urban village in Frisco, Texas, marking a pivotal milestone for one of the most anticipated developments in the Dallas-Fort Worth metroplex. Developers The Karahan Companies and Hunt Realty Investments confirmed on Friday that structures are now rising on the 55-acre site, which is situated along the Dallas North Tollway within the sprawling 2,500-acre Fields master-planned community.
This phase of development will deliver a high-density blend of luxury retail, corporate office space, and residential living, designed to rival the success of the developers’ previous flagship project, Legacy West. With the steel framing going up, the vision of creating a walkable, “best-in-class” destination is rapidly transforming from renderings into reality, signaling a major economic boost for the region’s northern growth corridor.
A New “Urban Village” for North Texas
Fields West is engineered to be more than just a shopping center; it is being billed as a “luxury urban village” that integrates lifestyle, work, and leisure into a seamless 15-minute city environment. The project scope is immense, featuring 360,000 square feet of curated retail, dining, and entertainment space alongside 350,000 square feet of Class A office space. Additionally, Columbus Realty Partners is spearheading the residential component. They are developing 1,150 high-end urban living units that will sit atop the commercial podiums, offering residents immediate access to the street-level amenities.
Designed by the global architecture firm Gensler, the layout emphasizes pedestrian connectivity with wide tree-lined sidewalks, dedicated paseos, and open green gathering spaces, moving away from traditional car-centric suburban designs to foster a genuine community atmosphere.
70% Pre-Leased with Premier Tenants
Even as vertical construction begins, the project has already achieved a remarkable leasing milestone, with 70% of the retail space pre-leased to a roster of premium national and international brands. The development will anchor the first Texas location for Bloomie’s, a highly curated and smaller-format store by Bloomingdale’s. Other confirmed tenants include luxury and lifestyle heavyweights such as Crate & Barrel, Sephora, Alo Yoga, Arhaus, and Williams Sonoma.
On the dining front, the lineup is equally impressive, featuring the first DFW location for Mastro’s Steakhouse. Additionally, popular concepts like North Italia, Culinary Dropout, and Maman. This strong pre-leasing activity underscores the high demand from retailers to establish a footprint in Frisco, which continues to be one of the fastest-growing and affluent markets in the United States.
Strategic Capital and Future Outlook
The vertical ascent of Fields West follows the successful closing of a $425 million construction loan earlier in 2025. It was provided by a syndicate including Bank of America, JPMorgan Chase, and Prosperity Bank. This financial backing, combined with the city of Frisco’s public-private partnership support, has paved the way for an aggressive construction timeline.
The development is strategically positioned as the commercial heartbeat of the broader Fields ecosystem, which also encompasses the PGA of America headquarters, the Omni PGA Frisco Resort, and the upcoming Universal Kids Resort. With construction now in full swing, the developers are targeting a phased opening starting in late 2027, with full completion and stabilization expected by 2028. As steel beams rise, Fields West is set to redefine the skyline of North Frisco, solidifying the area’s reputation as a premier destination for business and luxury living—a regional boom further fueled as SWBC Real Estate expands its Dallas-Fort Worth footprint with a new luxury community.
Fields West Project: Factsheet
Location: Frisco, Texas (Dallas North Tollway & Panther Creek Pkwy)
Developers: The Karahan Companies, Hunt Realty Investments
Residential Developer: Columbus Realty Partners
Total Investment: ~$800 Million
Project Size: 55 Acres
Construction Status: Vertical Construction Started (Dec 2025)
Anticipated Opening: Late 2027 – 2028
Key Components
Retail/Dining: 360,000 sq ft
Office: 350,000 sq ft (Class A)
Residential: 1,150 luxury apartment units
Key Tenants: Bloomie’s, Mastro’s Steakhouse, Crate & Barrel, Sephora, Alo Yoga, North Italia.
Architect: Gensler
Financing: $425M Construction Loan (Bank of America, JPMorgan Chase, Prosperity Bank)
