Economic development board weighs leasing a Main Street property to North Texas Performing Arts

The Frisco Economic Development Corporation could become landlord to one of the region's largest youth theater groups.

A commercial lease between the corporation and North Texas Performing Arts for property at 6843 Main Street is on the regular agenda for the EDC board's Wednesday, Nov. 18 meeting. The agenda, posted Thursday afternoon, does not include the lease terms, the length of the deal or what the space would be used for, and no supporting documents were attached to the item.

North Texas Performing Arts already runs a Frisco branch. The nonprofit lists that location at 6500 Preston Road, Suite 101, on its website.

Budget change and a startup pitch

The board will also be asked to approve an amendment to the corporation's budget for fiscal year 2027, which began Oct. 1. The agenda does not say how much money would move or where.

Before any votes, the board is scheduled to hear a presentation on gener8tor from Robert Pieroni, listed on the agenda as the group's managing director of strategic partnerships and business development.

Closed-door items

Three topics are set for closed session:

• Incentives or commercial information tied to an unnamed business prospect.
• The purchase, exchange, lease or value of one or more parcels in the area bounded by the Sam Rayburn Tollway, U.S. 380, Legacy Drive and Preston Road.
• The employment, evaluation, reassignment and duties of the EDC president.

Any action on those items would have to be taken after the board returns to open session.

The board will also review September and October financial reports, consider moving its February 2027 work session and regular meeting, and take staff updates on business recruitment and retention, real estate and marketing.

The meeting begins at 4:30 p.m. in the Bonnot Boardroom at the EDC office, 6605 Warren Parkway, Suite 600. Members of the public may speak during the citizen input portion at the start of the meeting.

Sources

agenda.friscotexas.gov

agenda.friscotexas.gov

ntpa.org