2014 Development Activity Report
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2014 DEVELOPMENT ACTIVITY REPORT RECENT DEVELOPMENT Approved projects, site plans, final plats, and a 2014 Growth Profile with summary data by county and quadrant DEMOGRAPHICS Population, housing, and economic statistics for Frisco as of January 1, 2015 FORECASTING Population growth, history and projections CITY OF FRISCO | DEVELOPMENT SERVICES DEPARTMENT www.FriscoTexas.gov CONTENTS ACRONYMS 3 ABOUT FRISCO o save space, this report uses a variety of acronyms. Frequently utilized acronyms are Tshown below. 4 FRISCO FACTS GENERAL / PROCESSES PROJECT RELATED 5 GROWTH & PROJECTIONS LI = Lot Inventory A = Annexation PL = Pipeline AP = Amended Plat 9 2013 DEVELOPMENT MTM = Month-to-Month CA = Comprehensive Plan Amendment OVERVIEW YTY = Year-to-Year CP = Conveyance Plat 12 RESIDENTIAL CS = Construction Set CO = Certificate of Occupancy DEVELOPMENT FP = Final Plat HU = Housing Unit PD = Planned Development 26 NON-RESIDENTIAL HH = Households (Occupied HU’s) DEVELOPMENT PP = Preliminary Plat SF = Single-Family PSP = Preliminary Site Plan 36 EDUCATIONAL MF = Multi-Family PSPCP = Prelim Site Plan Conveyance Plat FACILITIES uMF = Urban Multi-Family PSPRP = Prelim Site Plan Replat MXD = Mixed-Use Residential RP = Replat UL = Urban Living SA = Subdivision Ordinance Amendment QUAD = Quadrant SCSP = Substantially Conforming Site Plan ROW = Right-of-Way SP = Site Plan SPCP = Site Plan Conveyance Plat PERMITS SPFP = Site Plan Final Plat SNEW = New SF SPRP = Site Plan Replat SADD = SF Addition SUP = Specific Use Permit SALT = SF Remodel TA = Thoroughfare Plan MNEW = New MF or MXD Amendment CNEW = New Commercial Building Z = Rezone or PD Amendment CADD = Commercial Addition ZA = Zoning Ordinance Amendment CALT = Commercial Remodel COVER IMAGES MARCH 2015 TOP PHOTO: Office and residential buildings under construction in Frisco Square BOTTOM PHOTO: Multi-Use Event Center and the Dallas Cowboys headquarters ABOUT FRISCO CITY MANAGER’S OFFICE risco has remained one of the fastest his report shows not only 2014 GEORGE PUREFOY, City Manager Fgrowing cities in the country for Tproject approvals, but also discusses HENRY HILL, Deputy City Manager more than a decade. In 2000, the City’s submittals and projections. Project NELL LANGE, Assistant City Manager population stood at 34,000 - but as of information and status updates are January 1, 2015 is estimated at 145,520. online at https://eTrakIT.FriscoTexas.gov RON PATTERSON, Assistant City Manager or via email to Development Services at he Development Activity Report is [email protected]. Tan annual publication of the Frisco Development Services Department, or more information, contact the presenting a summary of zoning and FDevelopment Services Department at CITY COUNCIL development related activities, including 972-292-5300. population growth, development, and MAHER MASO, Mayor amendments to the Zoning Ordinance. BOB ALLEN, Mayor Pro Tem JEFF CHENEY, Deputy Mayor Pro Tem OK AR JOHN KEATING SCOTT JOHNSON Dallas TIM NELSON LA TX WILL SOWELL PLANNING & ZONING COMMISSION BILL WOODARD, Chair COMPREHENSIVE PLAN UPDATE ROBERT ROBERTI, Vice-Chair WILL RUSSELL, Secretary risco’s citizens consistently express their desire to strategically manage Fgrowth through the use of sound planning principles, fostering the creation RICK WILLIAMSON of neighborhoods which have discernible characteristics of quality and KEVIN HODES uniqueness. KRISTIE EDWARDS he City first adopted a Comprehensive Plan in 1982, with updates in 1991, ROBERT COX T2000, and 2006. The 2015 update reevaluated elements and strategies based on current market and demographic conditions and new projection LINDA JAMES, Former Commissioner models. For more information, and to review/comment on the draft plan, visit www.FriscoTexas.gov/Future. 3 FRISCO FACTS he data shown below provides a quick “at-a-glance” version of the most commonly requested statistics for Frisco as of January 1, T2015. For more information on this or any demographic data, contact 972-292-5357. POPULATION HOUSING ECONOMY Total Population: 145,520 Total Housing Units: 52,311 Median HH Income: $109,956 Males: 50% SF: 81.2% Workforce Estimate: 70,168 Females: 50% MF or MXD: 18.3% Other: 0.5% Educational Attainment: Growth Rate: High-School / GED: 95.5% Annual (1/1/14 - 1/1/15): 5.8% Bachelor’s or greater: 58.9% HOUSING UNIT T YPES 5-Yr Compound Annual: 4.6% Unemployment Rate: 3.2% Median Age: 34.5 Multi-Family Single-Family Top Occupations: Children: 33.2% Mixed-Use Mgmt, Science, Bus: 55.9% Other Under 5 8.0% Sales & Office: 26.4% 5 - 17 25.2% Service: 9.9% Adults (18 - 64): 60.2% Tenure Type: Avg Commute (minutes): 29.9 Owner Units: 71.7% Seniors (65+): 6.6% Method of Commute: Rental Units: 28.3% Population w/ Disability: 5.9% Drive Alone: 80.7% Vacancy Rate: 4.4% Carpool: 7.1% Seniors w/ Disability: 29.8% Public Transit: 0.3% Total Households (HH): 49,940 Work at Home: 10.4% POPULATION BY AGE GROUP Married Couple HH: 67.3% Average SF Appraisal: $317,560 w/ children 42.5% Children Median SF Appraisal: $278,028 w/o children 24.8% Adults Single Person HH: 15.3% Median Monthly Mortgage: $2,152 Seniors Other Households: 17.4% Median Monthly Rent: $1,291 HHs w/ Senior(s): 13.4% Housing Burden (>30% Income) Minority Population: 34.9% HHs w/ Child(ren): 52.8% Homeowner 33.8% White Alone: 64.9% Renter 39.0% Black Alone: 7.9% Single Parent HHs: 8.8% Asian Alone: 11.4% Poverty Rate: 4.1% Average HH Size: 3.02 Hispanic (Any Race): 12.3% Average Family Size: 3.37 Families: 3.5% Other: 3.3% Children: 5.1% Seniors: 2.9% SOURCES: US CENSUS BUREAU, TEXAS WORKFORCE COMMISSION, DENTON AND COLLIN COUNTIES, THE NORTH CENTRAL TEXAS COUNCIL OF GOVERNMENTS, AND THE CITY OF FRISCO DEVELOPMENT SERVICES DEPARTMENT. 4 2014 GROWTH PROFILE POPULATION - 1/1/15 145,520 ANNUAL GROWTH: 8,060 5.9% HOUSING UNITS - 1/1/15 52,318 PRESTON RD PRESTON Denton County County Collin ANNUAL GROWTH: 3,034 6.2% MAIN ST EXISTING UNITS BY TYPE: SF - Single-Family Units: 42,458 81.2% MF - Multi-Family Units: 6,580 12.6% UL - Urban Living Residential Units: 3,006 5.7% Other: 274 0.5% DISTRIBUTION BY QUADRANT NE SE SW NW SF HOMES ADDED 529 25.5% 447 21.5% 930 44.8% 171 8.2% Average Permit Value $285,092 $303,705 $255,080 $295,326 MF/MXD UNITS ADDED 0 0 543 410 AS OF JAN 1, 2014: Total Housing Units: 6,486 12.4% 13,637 26.1% 20,592 39.4% 11,603 22.2% Total Population: 19,013 13.1% 39,209 26.9% 53,345 36.7% 32,953 23.3% BY COUNTY COLLIN DENTON TOTAL SF HOMES ADDED 999 48.2% 1,075 51.8% 2,074 Average Permit Value $297,262 $257,282 $276,542 MF/UL UNITS COMPLETED 483 470 953 AS OF JAN 1, 2014: Total Housing Units: 32,546 62.6% 19,772 37.4% 52,318 Total Population: 87,813 60.7% 52,318 39.3% 145,520 NOTES A. Total growth may add to more or less than the SF & UL due to mobile homes, annexations, demolitions, etc. Population and Housing Units totals based on Certificate of Occupancies (COs = permit completions), Annexations, and Demolitions combined. B. New Single-Family is the number of SNEW COs only, and does not reflect permits issued or other housing unit types. C. Totals are estimates and are subject to changes. D. Percentages may not equal 100% due to rounding. E. Values are based on permit estimates (construction only). 5 mid 300,000s POPULATION GROWTH350000 300000 POPULATION GROWTH 250000 145,520 s of January 1, 2015, the population of Frisco is estimated A±145,520. The annual growth rate was200000 5.9% in 2014, the same as in 2013, but with a gain of over 8,000 residents 116,989 compared to 7,000 in 2013. 150000 73,900 100000 33,714 6,138 13,850 50000 0 1990 1995 2000 2005 2010 2015 Buildout DISTRIBUTION OF POPULATION GROWTH opulation continues to grow US 380 Pin all quadrants in 2014. ee page 15 for a list of Sthe most active subdivisions and builders in 2014. Y A W L L FM 423 O T H PRESTON RD PRESTON T R O N S MAIN ST A L L A D CUSTER RD CUSTER POPULATION GROWTH 0 1 - 50 51 - 150 151 - 300 301 - 600 SH 121 601 - 1,000 6 POPULATION ESTIMATES & PROJECTIONS POPULATION DISTRIBUTION he population of Frisco US 380 Tis weighted towards the southern half of the City (see page 5 for total housing units and population distribution by quadrant). or future growth areas, refer Y to the Lot Inventory and A F W Pipeline information on pages L L PRESTON RD PRESTON 16 & 17. O T H T R O CUSTER RD CUSTER N FM 423 MAIN ST S A L L A D TOTAL POPULATION 0 1 - 250 251 - 750 SH 121 751 - 1,500 1,501 - 3,000 3,001 - 7,000 CUSTER RD CUSTER WHAT’S BEING BUILT IN FRISCO STAY UP-TO DATE Check out our ‘What’s Being Built” web-site and see how easy it is Why wait for the next annual report? Subscribe for monthly to access project information, including maps, reports, and fact sheets. updates: You can also find links to roadway construction, demographics, and » The monthly Residential Development Update includes Single- more, in the additional resources section. Family & Multi-Family / Mixed-Use residential development Visit www.FriscoTexas.gov/Departments/PlanningDevelopment/ activity (permits and approvals). Pages/WhatsBeingBuilt.aspx. » Keep track of how fast we’re growing with the monthly NEED MORE INFO? To submit comments or questions about any Population Update. project under review, e-mail [email protected]. 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