FRISCO – Frisco Independent School District (ISD), the city, and Craig Hall have formed a public-private partnership to develop a $67 million performing arts center.
The master development agreement plan includes a:
main performance hall with at least 1,250 seats to be owned by Frisco ISD;
250-plus-seat community venue to be owned by the city; and
parking garage with 1,100 parking spaces to be owned by the city.
The city will contribute $14 million in voter-approved bond money, while Frisco ISD will contribute $43 million from the 2018 bond package.
Hall will contribute $10 million.
The design process begins early next year.
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Source: Dallas Morning News