The price tag for the publicly owned portion of the Cowboys development in Frisco has hit $168M and "continues to grow as the project takes shape," according to Valerie Wigglesworth of the DALLAS MORNING NEWS. The Frisco City Council last week "approved the latest work order" for more than $30M in construction costs needed to "keep the future home and training facilities for the team on schedule." The project's opening is slated for summer '16 and calls for $90M in "funding from the city and the school district." The Cowboys are "picking up the remaining cost of the city-owned facilities," which so far has totaled $78M. Frisco Assistant City Manager Ron Patterson said that officials "don’t yet have a total cost." He added that "lots of decisions still need to be made before construction is completed, and upgrades and extras are constantly being added." Wigglesworth noted the work orders, 11 of them so far, "allow construction to move forward while the guaranteed maximum price is in flux." Cowboys COO & Exec VP Stephen Jones said that the team "will use about 135,000 square feet inside the multiuse events center for football operations and an additional 70,000 square feet for offices in its new headquarters building." That is "nearly two-thirds more space than the team has now" in its Valley Ranch HQ. Jones added that most of the Cowboys’ six-story, 400,000-square-foot HQ building "will be available for lease." Private entities signed on to the development so far include Omni Hotels and Baylor Scott & White Health, "which will build a sports medicine center" (DALLAS MORNING NEWS, 3/22).
