City officials, residents and downtown business owners gathered Tuesday, Oct. 13, to mark the completion of an $83 million reinvestment project in Frisco's Rail District, according to a city news release.
The multi-year project rebuilt Elm and Main streets between 1st Street and North County Road, added a five-story parking garage and created 4th Street Plaza at 8802 4th St.
The rebuilt stretch of Main Street has wider sidewalks with room for restaurant patio tables and retail displays, along with decorative brick paving, new lighting, a new 12-inch water line and an underground stormwater system, the city said. The garage provides 450 free parking spaces.
The $83 million cost was covered mostly by $67.5 million in voter-approved bonds, with $10.9 million from the Frisco Economic Development Corporation, $1.66 million from the Frisco Community Development Corporation and $2.83 million from other sources, according to city figures.
"Reinvesting in the Rail District strengthens one of Frisco's most important historic and economic assets," Shanna Keaveny, chair of the Frisco Economic Development Corporation, said in the release.





