‘The Gate’ CEO: Dubai and Frisco are the two global hot spots for development

May 07, 2015

It’s been a few months since I sat down in an exclusive interview with Invest Group Overseas CEO Anas Kozbari about his company’s $700 million, 41-acre proposed development in Frisco.

In that time, he’s become even more bullish on North Texas.

“A high dignitary here in Texas told me there were only two places on fire when it comes to real estate development: Dubai and Frisco,” Kozbari said, in a video showcased at last week’s Dallas Business Journal‘s Corridors of Opportunity event, which focused on Frisco’s $5 Billion Mile.

“He was on the right track and he was right on the dollar,” he added. “We are very much proud to be part of this.”
In January, we looked at those projects in detail in a cover story on ‘How the ‘$5 billion mile’ will transform Frisco.’ The $5 Billion Mile refers to $5.4 billion of proposed development to reshape 549 acres of land adjacent to a mile stretch of roadway on the Dallas North Tollway.
Kozbari’s project is one of four commercial real estate projects that make up the $5 billion mile. Here are the others:

Since last week’s event, the city has posted Kozbari’s thoughts on Frisco and his project on YouTube. In case you missed it, we embedded the video below.


Article: http://www.bizjournals.com/dallas/blog/2015/05/the-gate-ceo-dubai-and-frisco-are-the-two-global.html