Country
Club Plaza is a 53,000 square foot mixed-use project
containing approximately 17,000 square feet of retail space and 36,000
square feet of office space completed in July 2001 at the
northwest corner of Legacy Drive and Country Club Drive in Frisco,
Texas. The project is constructed of Austin stone and stucco to
blend in with the adjacent clubhouse at the Stonebriar Country Club and
the
Westin Resorts Hotel. The office building has 108 underground
parking spaces and 26 surface spaces.
The
project is built on a heavily wooded three-acre site contiguous to
the Stonebriar Country Club golf course's tenth hole. Located at one of
the highest points in the area, the offices have spectacular views
across the golf course and surrounding residential areas. The retail
shops will benefit from the more than 3000 homes existing or under
construction along Legacy Drive to the north, ranging in price from
$350,000 to more than $1,000,000. There is currently no retail space in
the area to serve these homes, with the nearest shopping located more
than three miles distant. The only planned retail is an Albertson's
Center to be constructed at the southeast corner of Lebanon and Legacy,
approximately 2.5 miles to the north.
The
site is located just north of State Highway 121 and Legacy Park, which
is home to more than twelve million square feet of office space
containing the headquarters of EDS, Frito Lay, JC Penney, Countrywide
Mortgage, Sterling Software, Dr. Pepper, and Denbury Resources. The
project also has excellent access to the Dallas North Tollway and
Preston Road, both of which provide an easy, direct link with downtown
Dallas and other business centers in the North Dallas area.
The
site is directly across Country Club Drive from a 300 room Westin
Resort. Down the road several
hundred yards is the Stonebriar Country Club's clubhouse, which has
recently been remodeled. This renovation will accommodate an expanded
membership of 800 golf members to coincide with the opening of a new
Fazio designed golf course in October. Additionally, the initiation
fees for membership in the Stonebriar Country Club will increase to
$40,000.