FRISCO, Tex.– The Rudman Partnership, Hillwood Properties and VanTrust Real Estate have entered into a partnership for the development of Frisco Station, a 242-acre mixed-use development in Frisco, north of Dallas.

The proposed development is located to the west of the Dallas North Tollway and north of Warren Parkway, surrounding the new Dallas Cowboys headquarters complex. The project will feature 4 million square feet of class A office, multifamily residential, retail, restaurant and medical real estate classes.

Hillwood will be the master developer of Frisco Station, coordinating land planning and infrastructure development, as well as executing the multifamily residential and non-office components of the project. VanTrust Real Estate will develop the office projects. As part of the collaborative partnership structure, Hillwood Properties and VanTrust Real Estate will acquire an ownership interest in the land in addition to their roles in the infrastructure and vertical development components. The initial phase of development is expected to start next year.

In addition to office space, the proposed master plan for the development includes 2,400 multifamily residential homes, unique food and beverage concepts, entertainment venues, medical and wellness facilities, and open space/greenbelt amenities with programmed events and public activities.

The Rudman Partnership and Rudman family affiliates are the landowner partners behind the project. The Rudmans have owned land in Frisco for more than 50 years, and their developments in the city include the Baylor Medical Center complex, the 2500 Legacy Office Building, the luxury residential subdivisions Stonebriar Park and Chapel Creek, and the Villas at Chapel Creek apartments.

“We're excited about this project and delighted to be working with Hillwood and VanTrust on this incredible opportunity,” says Trey Sibley, general manager of The Rudman Partnership. “Hillwood's experience developing large-scale, master-planned projects provides an unequaled level of expertise for the long-range vision we all share for this development, while VanTrust's expertise in developing class A office will provide corporate and professional residents with an unmatched, highly-amenitized product offering in the area.”

VanTrust Real Estate LLC, based in Kansas City, Mo., creates real estate assets for both internal portfolio holdings as well as disposition opportunities with product types that include office, industrial, multifamily, retail, institutional, governmental, hospitality and recreational.

“The city of Frisco continues to be a major center of growth in the North Texas region,” says Ross Perot, Jr., chairman of Hillwood and The Perot Cos. “We're proud to be partnering with The Rudman Partnership and VanTrust Real Estate to develop this dynamic project in such an exciting regional corridor."