Dallas/ Real Estate & Development

Frisco Locks In Park Rules for $1B The Link, Paving Way for 2,700 Homes

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Published on November 04, 2026
Frisco Locks In Park Rules for $1B The Link, Paving Way for 2,700 Homes5455 PGA Pkwy — Frisco Street Scene
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Frisco City Council has approved an agreement spelling out how developers will handle park obligations and fees for The Link, the $1 billion mixed-use district taking shape near PGA Frisco. The deal, approved during the council's Oct. 20 meeting, sets the framework for parkland requirements across the sprawling, 240-acre project as construction moves forward in phases.

According to Community Impact, the approved development agreement establishes how developers will meet Frisco's parkland requirements, and it allows the city to offset eligible park and trail improvement and maintenance costs through park fee credits or refunds. The Link sits at the southeast corner of Legacy Drive and PGA Parkway, near the headquarters of the PGA of America, and city officials have outlined it as a mixed-use district meant to combine housing, offices, retail, entertainment and outdoor amenities in one connected footprint.

A Trail Network Comes First

The project's first construction phase includes a 3.5-mile hike-and-bike trail, the outlet reports, and The Link is set to feature direct access to Frisco's broader hike-and-bike trail network. City officials have said the interconnected facilities will serve not just residents of The Link itself, but nearby residents and visitors as well, positioning the trail system as a shared amenity rather than something exclusive to the new district.

The Link's planned development could allow for up to 2,206 multifamily units and up to 500 single-family homes and cottages, per the same outlet's reporting. The project is expected to unfold in multiple phases rather than all at once, with Stillwater Capital serving as the developer behind the broader effort.

From Rezoning to Groundbreaking

The roots of the project go back to 2021, when Frisco City Council voted to rezone nearly 240 acres to clear the way for The Link. Earlier reporting from The Dallas Morning News described plans for more than 2 million square feet of offices, 400,000 square feet of retail and restaurants, and more than 2,700 residential units across the site, confirming its scale as a $1 billion mixed-use development.

Those office and retail figures, along with projections that The Link could generate $10 million annually in property and sales tax revenue and create 8,000 to 10,000 jobs, trace back to previous reporting and remain projections rather than confirmed outcomes. Community Impact's account of the October agreement also revisits those earlier estimates, stating that The Link is projected to generate $10 million annually in property and sales tax revenue and create 8,000 to 10,000 jobs, while focusing on how park obligations will be financed as the district gets built out.

Early Construction Already Underway

Stillwater Capital has already broken ground on pieces of the project. A five-story, 352-unit apartment complex identified as Link Multifamily Phase 1 is listed among the developer's properties, according to Stillwater Capital. Separately, a 215-unit build-to-rent community has been described as the initial phase of The Link by Virtual Builders Exchange, though it is not clear from available reporting whether that build-to-rent phase and the 352-unit multifamily complex overlap or represent separate pieces of the project.

With the park and trail funding framework now in place, the next test for The Link will be whether the phased construction keeps pace with the ambitious numbers city officials and the developer have floated for years. For now, Frisco residents can expect the trail network to be among the first tangible pieces of the district to take shape, linking the new development into the city's existing outdoor infrastructure near PGA Frisco.

Dallas-Real Estate & Development