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Frisco Economic Development Corporation

In 2025, the Frisco Economic Development Corporation (FEDC) proudly celebrated a successful fiscal year characterized by substantial job creation, notable capital investments, and a steady upward momentum in one of the United States' fastest-growing cities.

The FEDC facilitated 14 corporate relocations and expansions, most notably without financial incentives for nine of these projects. This approach has resulted in the unveiling of new commercial real estate developments that underline Frisco's natural allure for businesses. These initiatives are anticipated to foster or preserve over 3,100 jobs in the area, showcasing the strong economic growth trajectory of the city.

Leadership and Commitment to Community

"Frisco's success stems from our unwavering dedication to harnessing meaningful prospects for our residents," articulated Jason Ford, the president of the FEDC. He emphasized the significance of strategic partnerships, innovative vision, and a community committed to embracing change. Each job created enriches the narrative of progress, paving the way for a future filled with new opportunities.

An illustration of this growth is the deepening presence of SoFi, a major player in the financial technology sector, which has chosen to expand its footprint in Frisco with an additional 18,000 square feet, reinforcing the city's image as a thriving hub for businesses committed to community engagement. Eric Schuppenhauer, interim president of SoFi Bank, remarked on the incredible culture and quality of life in Frisco as vital factors for their continued investment in the area.

Economic Momentum in Numbers

The economic momentum observed in Frisco is underscored by impressive statistics:

• - Over 500,000 square feet of new commercial office space is in the works, representing a capital investment exceeding $500 million.
• - More than 650,000 square feet of leased space, with tenants poised to invest over $125 million into Frisco's economy.
• - A robust return of $3.44 to the community for every dollar invested by the FEDC since its inception in 1991, based on insights from the organization's economists.
• - The introduction of Origin, a dedicated innovation hub aimed at supporting entrepreneurs, startups, and corporate innovation teams, enhancing Frisco's reputation as a forward-thinking environment for businesses.

Shanna Keaveny, chair of the Frisco EDC Board of Directors, highlighted the strategic and community focus driving the city's growth. Frisco not only attracts businesses but also fosters an environment where employees and their families can flourish.

In 2025, Frisco's population reached an estimated 245,000, further elevating its attractive profile characterized by livability and vibrant business conditions. The city has positioned itself as a desirable destination for corporate relocations and expansions, drawing attention from both national and local stakeholders.

Looking Ahead

As Frisco prepares for 2026, the FEDC remains focused on its mission to cultivate high-quality job opportunities, encourage innovation, and ensure lasting economic prosperity for all its residents. The ongoing and forthcoming developments include ten master-planned mixed-use areas, set to introduce an additional 10 million square feet of office space over the next 15 years. Each of these spaces aims to attract corporate headquarters and other significant office entities, supporting the city's robust economic growth strategy.

The 2025 fiscal year witnessed several new and expanding companies in Frisco, including:

• - Billings Productions, Inc.
• - Chobani
• - CohnReznick
• - Collin College Health Sciences Facility
• - Deloitte
• - ElmWorks Offices
• - HALL Park
• - LTIMindtree
• - Public Storage
• - Social Finance, Inc. (SoFi)
• - Sports Academy
• - The Mix | JVP Management
• - Tidal League
• - Toyota Financial Services

Conclusion

The Frisco Economic Development Corporation operates as a non-profit entity in Texas, dedicated to enhancing job creation and quality of life for all Frisco residents. The organization continues to facilitate significant economic development projects, resulting in numerous opportunities and workforce growth in the city. For further information, visit FriscoEDC.com.