Rendering of The Mix, a planned $3 billion mixed-use development on the southeast corner of the Dallas North Tollway and Lebanon Road in Frisco. [Image: The Mix]
On Tuesday, a development agreement for phase 1 of the $3 billion The Mix development received unanimous approval from the Frisco City Council. The vote enables New York-based JVP Management to begin construction on the long-delayed, massive mixed-use project on the southeast corner of the Dallas North Tollway and Lebanon Road. The site has been known as "the hole by the tollway" after a previous development known as Wade Park was derailed, leaving behind a massive hole where a parking garage had been planned.