There is a magical art behind asking for something you want and then getting it! I read an essay many years ago that talked about how culturally it was not always the norm to ask directly for what you want and when we do, we are usually bad at it. People tend to hem and haw and often walk away from asking because we cannot clearly articulate the message. For example, many are uncomfortable asking their boss for a raise or salary bump.
Persuasion tactics are strategies that can help you convince people to see things your way and being good using these tactics is usually an art form. To be good, or to be great you must first know exactly what you want and what you need others to “buy in” to. Second you must ground yourself in why you are doing it and make sure it resonates with you so you can “sell it from the heart.” Third, you must be able to state clearly and with no confusion what you are asking for or trying to sell to the people. It must be direct, clear and specific. Lastly, you must be selective and targeted about who you ask or when you announce it.
In Frisco, one man is very good at Persuasion Tactics and his name is Mayor Jeff Cheney. When he “wants” something in Cheneyville, well he gets it! He is very good at “telling you” what you want versus “asking” residents what they want. For example, he has put together his team and he has been gathering his clan of supporters to push for the Performing Arts Centre. When he hit a no with the public/private partnership with the school district and Hall Group, he didn’t stop. Nope, he just changed course and came back at it again with his little clan in toe. Next thing you know he will get what he wants, residents will bitch, and no one knows the wiser of how we ended up here.
The talk of a Performing Arts Centre is not new, but what is new is we are curious “How much has this cost taxpayers?” The city has spent $1.6+ million on the current Theatre Projects assessment or feasibility study, but how many others have we done in the past? What were the costs to taxpayers in the previous studies? Why are we doing so many studies? When it comes to wanting studies and assessments what is the magic number of how many we will do before we say enough is enough? We did some research, and this is what we found:
Feb 17, 2015: Under the consent agenda for the city council meeting item 17 reads, “Consider and act upon approval of publishing a RFQ for the development and implementation of a study to examine the feasibility of a performing/theatre arts facility within the corporate limits of the City of Frisco.” We looked high and low and could not determine how much any of this cost. We could not even find the RFQ they approved to publish.
2015: Frisco Association of the Arts commissioned a “Facility Programming Report” by Page Southerland Page. According to the minutes for the Citizens Bond Committee on 01/26/2015, Tammy Meinershagen provided an update that a feasibility group has been identified to conduct a study for the PAC in Frisco. She went on to say it would take about six (6) months to complete the study and has an estimated cost of $200,000 dollars.
2018: The City of Frisco commissioned a “Needs Assessment” by Webb Management Services and Parkhill Smith & Cooper (PSC). According to a Community Impact article, the study showed there 14 performing arts groups that have 667 days of demand for performance facilities in Frisco. According to the study, the majority of this demand—466 days—calls for a facility with 225 to 500 seats while 177 days of demand calls for a facility of 1,001 to 1,750 seats. At the June 2018 Council Summer Work session, PSC Associate Michael Howard presented the findings and told the council there is not enough capacity in Frisco right now. At that time Cheney told Community Impact that “it was council’s preference to use available bond funds to build a 300- to 500-seat facility to meet the current demand of community arts groups with the hope of working with a private partner to build a larger performing arts center.” Of course, Cheney always changes his tune later! The CI article goes on to say the Councils “Performing Arts Committee is in the middle of a feasibility study to determine the size and needs of a potential PAC.” HOW MUCH DID IT COST – We don’t know! We can’t find anywhere in an agenda search where this shows up from 2017 to 2019.
August 2020: Frisco ISD commissioned a “Programming Report” by Schuler Shook. We can’t determine how much this one cost our ISD Taxpayers either. We have sent a PIR asking for that information.
October 2020: The City of Frisco and Frisco ISD commissioned a “Feasibility Report” by Garfield Public Private and Schuler Shook. Well Shocker – we cannot find anywhere what this one cost taxpayers either!
September 2021: Frisco Arts Foundation commissioned a “Market & Feasibility Study” by Theatre Projects Consultants, Inc. We cannot find out how much this one cost either. However, we are guessing since each year the city “FUNDS” the FAA through Hotel/Motel Fund somehow Taxpayers still paid for it.
May 2022: City of Frisco, Frisco ISD, and Hall Group commissioned a “Space Analysis Narrative by Corgan + Studio Gang. In February of 2022 the city council authorized an agreement for services in the amount of $175,000 dollars. Remember in late June of 2021, the city and Frisco ISD entered a public-private partnership with developer Craig Hall to construct a $67 million performing arts center. The city has agreed to contribute $14 million in voter-approved bond money, while Frisco ISD will contribute $43 million from the 2018 bond package, and Hall will contribute $10 million. Remember this is the one that “FELL APART” and truly if the city had wanted a PAC would have been the best option for everyone involved but we have learned from city insiders that “to many chiefs got involved” which caused the band to break up.
July 2022: Hall Group commissioned and performed a “Proposal and Outline” and we could not find out what the cost of this study was.
January 2023: The City of Frisco commissioned and executed an agreement with Theatre Projects Consultants, Inc., for consulting services related to a performing arts venue in the amount of $99,300 which was to be paid for by Bond Funds
September 2023: The City of Frisco commissioned part two of the agreement with Theatre Projects Consultants, Inc., in the amount of $1,415,500 dollars. Recently in 2024 after some CLARITY they Upp’d that amount to $1.6 million as we told you in our last article.
We did learn a few interesting facts along this deep dive…
According to the Dallas Morning News, “Frisco leaders also launched the HEARTS Project initiative — an acronym for Hall, Education and the Arts — to crowdsource an additional $100 million in donations for auxiliary upgrades. The amenities could include a large video screen facing The Star in Frisco, box suites, a VIP arts club with membership benefits, Frisco summer musicals, and a restaurant or bistro, according to the campaign website, but would not contribute to additional seating.” The 2021 article went on to say that “although city officials have previously said the center could host professional performances, the petition states that the limited seating capacity is too small for consideration by Touring Broadway. Experts recommend between 1,750 and 2,000 seats, according to the petition, which cited Theatre Projects’ market assessment and feasibility study for Frisco.
Next, we found it interesting just a few years ago in 2021 Frisco ISD had committed $43 million from a 2018 bond package and now they are back in 2024 asking voters to VOTE FOR the new 1-billion-dollar bond because they are broken penniless poppers! Just a few years later, they are begging for us to vote in favor of the bonds so the Frisco Kids can have an 11,000,000-tennis center.
We also learned Keating was a huge fan of the arts from a 2018 article in Lifestyle Frisco. He is quoted as saying Deputy Mayor Pro Tem John Keating said, “This is our chance to blow it out of the water, Frisco style!” Remember, Keatings motto in his last re-election we are #1 this, #1 that, #1 here, #1 there! Now he is closing on his house in The Preserve at Fields the #1 most exclusive community in King Cheney’s Frisco.
In closing, the city has buried how much these things cost deep in agendas, under nicknames and code words, hoping that you or I will give up looking. We did but what we can tell you with the most recent study in 2023 plus the other three we are at about $2 million alone in just “STUDIES, ASSESSMENTS, ANALYSIS” done for a Performing Arts Center. That means we are going to keep paying money for these via the bonds, hotel/motel tax fund, or something else until King Cheney gets his Performing Arts Center. You can bet little pretty Princess Tammy will be right next to him the whole way. Trailing behind will be their wingman “John “The Infamous Cheating” Keating.
Diving into all this has taken a lot more time than we expected and unless you understand the arts and all these studies it is a bunch of well-pitched jargon crap to confuse the residents of Frisco. We will continue our deep dive into this because we know the city is about to hit us with a bond. It will be through the City or the secret weapon “THE ECONOMIC DEVELOPMENT BOARD”. Just wait and see…. the EDC will make the pitch because the city has been called out.
Our investigation into The Preserve at PGA Frisco has offered up a treasure trove of information over the last year. We first talked about this back in February 2023 in our blog Fields West Dynasty where we discussed the historic future Fields development and the woven professional relationship conflicts. We began to unravel our opinion regarding the conflict of interest at play for Mayor Jeff Cheney vs Real Estate Mogul Jeff Cheney and his relationship with the Fehmi Fields development. Just the Fields Frisco website was cause for pause – why is there a letter from Mayor Jeff Cheney on it?
Then in our Field of Dreams blog, we talked about how Texas Scorecard had questioned the same thing we did years earlier. We also shared an email by John Baumgarten to then-Mayor Jeff Cheney asking how he could get on the “unofficial lot list” for The Preserve and that he would like to make a “donation” to a charity involved in the development. We also pointed out there was no response to Mr. Baumgarten supplied in our PIR but there was a continuing conversation between Cheney and then Chief of Staff Lori Medina (MedinaUSA) on where the donation could be made.
We continued our questions regarding The Preserve and PGA Frisco in our blog, The Silicon Valley of Golf followed by our blog Dark Money where we pointed out some very questionable campaign donations from all these developers involved in future Fields / PGA / The Link. Then we laid out in detail the conflict of interest friendships Mayor Cheney vs Realtor Jeff Cheney built in our blog Anatomy of a Friendship.
Then we release our Breaking News: The Preserve Lots VIP Program blog where we have a recording of a builder rep telling local Real Estate Agents that Jeff Cheney has a lot in The Preserve along with other important people in the project, kind of like a millionaire or billionaire row so to speak of lots and future homes. Go listen to the recording you won’t be disappointed. Then we published the proof in Land Lies of the developer plot map which shows the names Cheney and Keating under a “Developer Hold.”
Why are we reminding you about this? You have to go back to the beginning to understand how what we uncovered today is concerning. For years now local Realtors have been questioning the potential conflict between Cheney’s role as Mayor and as Realtor/Broker of the Cheney Group. Questions also surround his convoluted relationship with Fehmi Karahan and the sale of the lots in The Preserve. Multiple times, Cheney has publicly stated he is not the Realtor of record for lots in The Preserve. He joked in front of a room of real estate professionals, please don’t call me as I am not the agent for these lots. Realtors questioned though how a majority of the lots were already sold before going public to real estate professionals.
With everything he has said publicly were surprised to see 3 lots worth over $2+ million for sale in The Preserve at PGA Frisco on his website. A few months ago it said it was listed by one of his agents but now according to the multiple listing service (MLS) the REALTOR OF RECORD IS JEFF CHENEY OF THE CHENEY GROUP!
In closing, we initially were doing research into some rumors about a possible shake-up or break-up within the Monument umbrella. That led us to these lots for sale which sparked us to look through public records, talk to some builder reps as we “house hunted,” and what we learned from our Realtor neighbor. The lots in question had been sold or contracted by other agents for client’s they had. So why are they for sale now? We can only assume the original buyers probably changed their minds or backed out for some reason which happens all the time according to my neighbor. If they were contracted by other agents, then why are those agents not selling the lots? Why are the lots now listed with the Cheney Group? Why is Jeff Cheney listed as the Realtor/Broker of Record? With so many questions, you can see we are still looking into this so stay tuned for more of what we uncover.
Here it is the end of 2023. There are lots of traditions that happen leading up to the New Year. Where I am from, it is tradition to eat 12 grapes underneath a table, one with each chime of the clock. It is supposed to bring good luck, but these days, I’m lucky to get out of the recliner. Instead, I sip on a glass of wine. Close enough.
Another ritual I tend to practice is reviewing the past year, taking a look at what has been accomplished, and imagining what could be achieved in the future.
When I started this blog back on February 1, 2023, I figured it would be good therapy. A place where I could vent and discuss my concerns. Me and the old lady were getting quite frustrated with what we saw Frisco was becoming. A lot of people thought we would disappear as soon as the election was over but nope. There was and still so much more tea to spill.
Let’s do a little review before the big reveal tomorrow. We were very busy in February as we introduced you to our once sleepy little town. You read about Mayor Jeff Cheney and long time City Manager George Purefoy. There is one thing to know about Mr. Purefoy, well, actually two. First, he made Frisco what it is today and second, it is best not to speak your mind with George. If you were were smart you pretty much did what you were told. Mayor Cheney on the other hand, that’s a different story. He was and still is busy looking out for himself and how he could build his personal dynasty. If anyone doubts this, give Fields West Dynasty, Field of Dreams. and Anatomy of a Friendship a read.
One of our favorite reveals was with the two posts The Preserve Lots — VIP Program and Land Lies! This is when, we learned that Mayor Cheney and his good buddy and Councilman Keating had a hold on two lots on the 8th hole of The Preserve. What makes this really rich is, Cheney, throughout his campaign, said time and time again that he doesn’t receive any special privileges as the Mayor of Frisco.
Speaking of his campaign, this is his third term and usually an incumbent is predicted to run away with the race. As usual, Cheney had a fancy campaign video. That was not the case against Retired Fire Chief Mark Piland. Even with the hit piece by the Cheney camp, Cheney had to work for this final term. Why was it so important he win, well he likes his Mayoral Privilege of course.
Over the last 12 days, we have been counting down to Day 1. We felt it was important for you to have all the background information and documentation so that you could easily follow along with with our timeline that we will unveil. Grab a snack or some popcorn for tomorrow, because it will be a hefty one.
Sit tight, and enjoy the rest of 2023, and get ready for some fireworks for 2024.
Imagine it is the early 80’s and your family is about to embark on their summer vacation. The day before you leave your dad is packing up the sports wagon, aka Wagon Queen Family Truckster, trying to figure out how each suitcase needed to be positioned on the roof, so nothing got lost along Route 66. You see your parents sitting at the kitchen table looking at the map one last time planning the ultimate route with amazing pit stops and fun things to do. Morning comes and it is time to hit the road. As you pull out of the drive all you can think about it is your destination…Walley World. Okay yes I am talking about Clark Griswold and the hit movie National Lampoon’s Vacation. It is a classic, timeless, and hilarious comedy and in my opinion one of the best movies of all time. Well soon families with small kids across the nation will pack up for that summer trip right here to Frisco, Texas. If you are wondering why then you have been living under a rock or in a cave for way too long. Universal Studios will be the Walley World of Frisco!
In January 2023 when residents learned Universal would be coming to town, they did not receive the Griswold welcome by locals. Instead, residents had a lot of questions and concerns about the project and its impact on the city. The biggest question still to this day is when did the city first hear about Universals interest in Frisco for this project? The answer is not as easy as one may think, and it varies depending on who you ask. In a council meeting Mayor Cheney said they first learned about the project at the end of August or September 2022. Then in an interview with local reporter Brett Shipp back in late January, Mayor Cheney said council had been thoroughly vetting the project the last 4 to 5 months. When announced in January several council members and P&Z board members admitted to not having the so-called traffic study, economic impact study, or crime study. In fact, several admit to having very few details on the project other than the colorful rendering seen by the world.
That is where we thought the story would end until one day I checked our email and there was a letter with a copy of two PIR’s by two different residents and I will admit I was a little verklempt and excited. The requests were for all communications regarding P117 / Universal, travel plans and expenses and more. Buried in one of the requests we found a picture of a timeline titled “Genesis of Universal Project” and after reading it we were very confused and perplexed.
Hold up! If the timeline provided by the city is correct then we have a lot of questions. It does not match the verbal statements/timelines given by the mayor and some council members and it does not match the emails received in the PIR. Who wrote the timeline? Who put the timeline in the PIR? Why are there no emails supporting this time frame? Are we to believe not one email went back and forth from May to the end of August regarding this big project that was in discussion?
According to this timeline the city officials supposedly had 3 meetings in June. The first was June 7, the second June 14, and the third June 21, 2022. However, when you get to July 13 it notes the June board meeting was canceled so the EDC board did not get a briefing until July. Let’s pretend we have a multiple-choice test question: Which June meeting was canceled? A) June 7, B) June 14, C) June 21, D) All of them or E) None of them. May, June and July? That is very different than September or October, which were the city officials statements given at city council meetings and meet and greets. I find it hard to believe my wife and I are the only ones asking why the timeline keeps changing. Why do I feel like we are being lied to and if they are lying, why? If the city council was briefed on a regular monthly basis since July 2022 then why is it when confronted after the big grand announcement most of the city officials and members of P&Z had little to no information about the project? When asked most looked like “deer in the headlights” and could not try to exit the conversation fast enough. What they did have were the same talking points that we later learned were lies and part of a bait-and-switch to what was really in the development agreement.
Confused we decided to go through the emails sent to us and we found the first email dated 8/22/2022 at 1:57 PM from Laura Cuzman (Sr. Admin Asst at the Frisco EDC) to Holly McCall and Sharon Perry (City Mgr. Admin Asst) is regarding a “High Priority Meeting.” It goes on to say Jason Ford (President of the Frisco EDC) would like to coordinate an “important meeting” with a “prospect” at the Frisco EDC office to be held 8/31/2022. It notes that city staff should include Wes Pierson, Ben Brezina and John Lettellier. Laura asks Holly to confirm if Mayor Cheney and/or Angelia Pelham from the council could attend and what 2-hour window would work so they could coordinate a meeting. Immediately Sharon Perry responds and asks, “Is this for Project US?” If it is Wes can be available all day. Laura responds that she believes so but will confirm with Jason Ford. Then an email is sent from Jason Ford to Ben Brazina (Asst. City Manager) and he states Cheney can be available, Angelia is on vacation and then he asks if Ben and Wes have suggestions of other council member(s) they should include. He specifically says, “ Mayor Pro Tem perhaps as part of protocol?” Then Jason asks Ben to make a call to Richard the next day to discuss any potential issues with the other member we discussed with related experience.
In my best Beyoncé I want to scream, ring the alarm, ring the alarm! Why would you not invite all the council members? Why exclude any of them from important conversations regarding such a big project? Is this typically how the city conducts business? What member could be a potential issue due to their related experience?
In the next series of emails that started on August 29, Emily Pollard (Marketing & Special Events – Frisco EDC) sends an email to Jason Ford and Leigh Lyons with a draft of the P117 Site Visit Presentation for August 31. Then Jason Ford sends an email to Wes Pierson, Ben Brezina and a cc to Marla Row (Visit Frisco) where he shares the first working draft of pitch decks for Wednesday’s meeting. That evening, Ben Brezina responded back they should highlight the month of May 2023 and talk about how many people are coming to Frisco with the PGA Frisco opening, Dallas Cowboys Training Camp Kick Off Party, ACM Music Awards and KitchenAid PGA Senior Championship. His point “inertia is moving…time for Project US to join us as our Partner. The next morning Marla Row sent 2 emails, the first talked about what statistics they should use for economic impact and the second email adds they should reference the meeting they had with all the venues to discuss them activating events around the ACM which further shows partnership beyond developments. Ben Brezina replies he likes that angle, it’s not just deal making, site development, construction, and grand opening but a partnership that extends far beyond the doors opening. Later that day Jason Ford sends out a revised “pitch deck” and working draft agenda for the August 31, 2023 meeting, along with a note to Jeff Cheney, Brian Livingston, Tammy Meinershagen, Wes Pierson, Ben Brezina, Marlo Roe, and John Lettellier with the subject line: Please sign NDA ASAP for meeting tomorrow. He goes on to say the meeting will be at the Frisco EDC office and the client has asked every participant to sign an NDA, which was drafted by Richard Abernathy.
Pictures of the P-117 Meeting Agenda show a list of participants and notes topics from prior meetings which may be revisited or carried over (site specific).
Discussion on workforce (i.e., how far would employees need to travel in from): A primary benefit mentioned over and over promoting this project was the jobs it will create for Frisco residents. If this was about local jobs then why are we talking about how far employees will have to travel.
Would the community be receptive to this project / land use?If not, why? Let’s just do a quick look at the City of Frisco’s social media Facebook page. On average daily posts can generate anywhere from 1 to 50 comments and maybe 3 to 4 shares. When you see posts with 100, 500, 1000 comments you can bet it is something citizens are paying attention to. Just look at the City’s Facebook page when it comes to Universal posts. On 1/11/23 the first post “The Announcement” had 1.9k comments and 4.8k shares and was one of the highest responded to posts on the city’s page in two years. It is important to note that most of the comments were against the project. Then a second post on 1/11/23 had 161 comments and 42 shares, 1/13/23 third post had 50 comments and 73 shares and the fourth post on 1/16/23 had 30 comments and 60 shares. February was not much different, on 2/10/23 the fifth post had 213 comments and 11 shares, and the final post announcing it had been approved on 3/7/23 had 349 comments and 76 shares (the majority saying it was a big mistake to approve it).
What sort of upgrades would be needed to facilitate the park (infrastructure)? I would be curious what the discussion was they had on this one.
What are the public approval hurdles we’d need to prepare for? Under what circumstances? They obviously were clueless to the opposition this project would face because they were not ready for the public hurdles that came after the announcement.
How might State/Local Economic Development help us (expedite permitting, political help, incentives, etc.)? I bet they didn’t expect the citizen opposition to incentives.
How hard is it to get a definitive answer to one simple question…When did the city first learn about Universal? Two months ago, at the council meeting, which was packed with residents, Fehmi Karahan spoke and said he was approached 10 months ago which means that would have been April 2022.
Depending on the timeline you believe, are we supposed to buy that for two months, Fehmi didn’t tell the city about the inquiry from Universal? If the city first started discussing this in May or even August 2022, and the project was thoroughly vetted as Mayor Cheney said, then why were some citizens told in January 2023 by council members and P&Z staff members that they really didn’t know too many details about the project? Why had the council or P&Z members not seen a crime study, traffic study, economic impact study from May/August 2022 to January 2023? Mayor Cheney besides using resident tax dollars (in excess of $10,000+) for a trip to vet Universal Orlando in person, what else was vetted?
At the climax of the Griswold’s Road Trip to Walley World in National Lampoons Vacation, everything had gone wrong that could go wrong and Clark’s wife and kids announce they vacation is not worth it and want to just go home. At his wits end, sitting in the sports wagon you can see the whites of Clarks wide eyes and the grinding of his teeth, and his meltdown begins. He launches into a foul-mouthed tirade: “I think you’re all f**ked in the head! […] This is no longer a vacation! It’s a quest! It’s a quest for fun! […] You’ll be whistling ‘Zip-A-Dee-Doo-Dah’ out of your a**holes!”
We agree with Clark this is a quest but ours is for something so simple called “THE TRUTH.” I was one of those residents in January sitting at home watching the announcement live stream on Facebook and thinking to myself what in the nuclear detonation, I mean tarnation is going on in Frisco. All I could picture was the final scene in National Lampoon’s Vacation when the Griswold’s gleefully race to the entrance of Walley World, “America’s Favorite Family Fun Park,” in slow motion only to find the park is closed for two weeks for repairs and cleaning.
After doing all this research we are left with more questions than answers and we can say the inaccuracies in the timeline are very questionable, glaringly obvious, and truthfully alarming. A smart person once said, “Trust the timeline of yourself.” And with that Walley says, until next time…
Everyone knows the saying, “Behind every successful man is a woman.” I searched for who originated this quote but that wasn’t too easy to find. I guess I should have asked my wife to hunt for it. What I could find is, it seems the expression originated in the early 1900s, implying, of course, that our wives or mothers were the major contributor to most of our success. Some argue that Groucho Marx’ came up with the quote originally. I joke that I prefer Jim Carrey’s quote, “Behind every great man is a woman rolling her eyes.” Because, in my case, for every great idea I think I have, it’s really my wife that actually makes the idea come to life.
Now, most of you already know about my concerns about Fehmi Karahan and The Karahan Companies and his dealings in Frisco. They are completely out of control with Mayor Cheney doing his best to keep the train from jumping the tracks. We recently visited The Karahan Companies’ website to study some of his team players wondering if we could connect some dots. Well, I didn’t need my wife’s help on this one.
Sure enough, behind this man, is one great woman, the Company’s General Manager, Lori Decker. It says right there, she “has over 20 years in commercial real estate legal administration, managing client activities at the law firm of Grogan and Brawner, P.C. for 13 years.”
Clang! Clang! Clang! Why should we take notice of this? Well, R.J. Grogan, Jr. and Jeff Brawner have a firm in Dallas, off of Fairmount St., in the same building as GFF Architects who interestingly enough designed Cobb Farm. What a small world. Why we even take notice of these partners is the number of years that they have been donating to the various campaigns of the Frisco City Council. If you need to see more detail on this check out our story Dark Money
But, it doesn’t stop there. You guessed it, they are The Karahan Companies’ counsel too.
If that wasn’t one dot too many already, we continue to read on and learn from Decker’s bio, she previously worked for Abernathy, Roeder, Boyd and Joplin back in 2011. Really? For those that may not know, Richard Abernathy is the City of Frisco’s leading attorney. Well, it must be nice to know people.
Are we saying that Lori Decker is guilty of anything? Not at all! We are actually suggesting that perhaps she is the greatness that is behind all of these successful men. And, if so, she needs to ask for a really big pay raise!
Growing up we always had our hands in dirt or soil when helping dad with the Vineyards. I always complained and my Nona (grandma) would always say “oh, a little dirt never hurt anyone.” My dad would say “to most people dirt is just dirt, but to a farmer well that dirt is called potential.” I am sure these quotes belong to someone smarter than my dad and Nona but it did make me think, have you ever asked yourself, how much is the dirt below my feet worth? To an investor or developer dirt is like gold and depending on where it is located it can be worth a lot of money. Bill Gates began buying up land and farm operations years ago and while he leaves the farming to the professionals he understands land = asset appreciation. The dirt below the 2500 acres that PGA, Fields, and The Link is worth millions if not billions.
Developers and investors are betting heavily on Frisco which is great! With Mayor Cheney being so involved and so in love with the project I just assumed he would move out there to the greatest development of all time. Then at the debate he said he owns two pieces of property his personal home and his rental home (previous home). He said he does not own or have interest in any other land in Frisco. We were talking to a friend of ours who procured a lot in The Preserve, and we saw a picture he had taken of the builder’s map with written notes, and we thought, hmmm this looks interesting. Some realtor friends had said there was a rumor Jeff Cheney was given a lot or gifted a lot in The Preserve by the developer, but it was just a rumor.
Well by the looks of the picture Cheney and Keating have a lot under “Developer Hold” and it over looks …you guessed it…the 8th hole! It appears there is a “Friend & Family” row after all. I would love to hear from the Mayor what he plans to do with that lot next to his best friend Keating. Interestingly Cheney lives next door to Keating now in another community so I guess they are moving on up to the north side together like George & Weezy Jefferson. Cheney has to take his Florence with him which is Keating of course because you can’t leave Florence behind. Country singers Jordan Davis or Luke Bryan already said in their song “you can’t buy happiness, but you can buy dirt.” But did they buy it? I feel like breaking out in song since I don’t have any drums, and sing like Garth Brooks, ”Thunder rolls, And the lightnin’ strikes.”
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