New Kaleidoscope Park features would match ‘character’ of Frisco venue, officials say
Less than a year after its grand opening, Kaleidoscope Park in Frisco is already pursuing a $14 million expansion that will allow for more public events throughout the year.
The expansion will add nearly 1.5 acres to the south of the existing facility, which opened in October at Hall Park.
Work on designing the new space remains ongoing, but new features could include a large video screen, a new water feature and a performance stage, said Shawn Jackson, executive director of the Kaleidoscope Park Foundation.
The expansion will allow for more public events at the park, Jackson said. The foundation has scheduled more than 150 public events at the park this year.
New features would match the “character and quality” of the art-centric park, city officials said. Among one of the most visible art installations at the park is a 65-foot-tall work called the Butterfly Rest Stop.
City Council members on Tuesday approved changes to the development agreement between the city, the Kaleidoscope Park Foundation and Hall Group for the expansion. The Frisco Community Development Corp. will reimburse the Hall Group up to $7 million for the expansion, which is expected to cost about $14 million.
Frisco City Council also approved plans for the city’s Economic Development Corp. and the city to work with Hall Group to build a new 1,100-space parking garage in the area. At least 100 spaces will be reserved for park visitors.
The 5.7-acre park cost more than $40 million to develop, with the city funding about $15 million. Craig Hall, Dallas billionaire and founder of Hall Group, covered the remainder of the costs. In 2021, the developer started work on a $500-million project to add mixed-used components to Hall Park.