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Fields West partnership announces $425m construction loan closing
Transactions - JULY 11, 2025

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Fields West partnership announces $425m construction loan closing

by RELEASED

Fields West, a mixed-use development in North Texas, announces the closing of a new $425 million construction loan on July 1, 2025. Construction financing provided by Bank of America, JP Morgan Chase and Prosperity Bank.

In addition, the Fields West partnership shared that as part of the development agreement, the City of Frisco successfully executed the sale of $70 million municipal bonds on June 27 as part of their participation in Fields West.

Fields West is a 55-acre urban village in the heart of the greater Fields development, a 2,500-acre master-planned community. Fields West is led by The Karahan Cos.

Fields West will offer 350,000 square feet of shopping, dining and entertainment and 325,000 square feet of class A office space seamlessly integrated into the vibrant walkable mixed-use center.

Construction of this one-of-a- kind shopping and dining destination has already begun, and the opening will be sequenced starting in third quarter 2027 into 2

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