Lincoln Property Tapped to Develop Dallas Cowboys’ World HQs
- Mar 03, 2014
Dallas-based Lincoln Property Co. has been tapped to master plan, develop and lease the new Dallas Cowboys World Headquarters in Frisco.
To be located at the northwest corner of Warren Parkway and Dallas North Tollway, the facility is part of a 90-acre mixed-use development that will eventually integrate a plurality of uses, including office, lifestyle, retail, hospitality and residential. Lincoln will also handle the marketing and leasing of the additional components once they are completed.
The mixed-use complex will be anchored by the Dallas Cowboys World Headquarters and a publicly owned multi-use event center. The city center will be used by the city of Frisco and Frisco Independent School District (FISD) to host various activities, including athletic competitions, graduations and other special events and programs.
O’Brien Architects has been selected as the designer for the master plan of the mixed-use development. Gensler, which has vast experience in sports facilities design, will serve as the architect and interior designer for the Cowboys headquarters and the adjoining event center.
The project development team also includes Manhattan Construction as primary builder and Rex Real Estate, which played the key third-party role in the real estate portion of the deal between the city of Frisco, the Frisco Community Development Corp., Blue Star Land and the Dallas Cowboys.
“We’re ecstatic about the team of contractors and consultants assembled to carry out our vision,” said Mayor Maher Maso in a statement for the press. “When we partnered with FISD and the Dallas Cowboys, we vowed to build a unique, innovative development that will generate tourism and enhance our residents’ quality of life. We’re confident these professionals are the right team to create the model facility we all envision.”
The Dallas Cowboys are expected to relocate from Irving to the new complex in time for the 2016 NFL football season. The state-of-the-art facility will house the Cowboys’ entire football operation, including administrative offices, coaches’ offices and the Dallas Cowboys Cheerleaders.
Meanwhile, LPC Realty Advisors, an advisory affiliate of Lincoln Property Co., has acquired Two Addison Circle, a 198,691-square-foot, Class AA office property in the North Dallas suburb of Addison. The property was jointly marketed by HFF and CBRE on behalf of the seller, Brookfield Property Group. LPC bought the asset on behalf of a public pension fund client. The purchase price has not been disclosed.
Built in 2009, the six-story building is located at the entrance to Addison Circle, a 70-acre mixed-use development along the North Dallas Tollway close to the President George Bush Turnpike and LBJ Freeway. The property was 89 percent occupied at the time of closing, according to HFF. Tenants include USAA and Gehan Homes.
Photo credit: Two Addison Circle via Lincoln Property Company