The Wilks family has announced intentions to develop a boutique hotel valued at $50 million within Firefly Park, a mixed-use project located in Frisco, Texas.
Hotel Project Details
The planned hotel, named The Wilks, will feature 200 rooms and is set to be constructed on the Firefly Park site at the intersection of U.S. Highway 380 and the Dallas North Tollway. The property will include a rooftop bar, a restaurant, and event spaces, according to project representatives.
Firefly Park Development
Firefly Park is a 230-acre development that will offer residential, office, retail, and entertainment options. The project is being developed by Wilks Development, the real estate arm of the Wilks family, who are based in Cisco, Texas.
Statements from Project Leaders
“The Wilks will be a unique destination for both visitors and residents of Frisco,” said Kyle Wilks, president of Wilks Development. He added, “We are excited to bring a new level of hospitality to Firefly Park and the surrounding area.”
Timeline and Future Plans
Construction on The Wilks is expected to begin in 2025, with the hotel anticipated to open in 2027. The addition of the boutique hotel is part of the broader vision for Firefly Park, which aims to create a vibrant community environment in the region.