The planning and zoning commission approved a site plan for a multiuse building in downtown McKinney at the committee’s regular scheduled meeting last night.
A new 24,000 square foot office and retail building is expected to open August 2018.[/caption]
The proposed building, located at 205 W. Louisiana St., will be approximately 24,000 square feet and home to retail and office space, a hotel and a parking garage. The site is currently vacant, and the western half serves as a gravel parking lot.
At the meeting, applicant and former City Council member Don Day asked for a site inspection to allow driveway access off Louisiana Street as opposed to Church Street.
Day said at the entrance off Church, the garage floor will be 10 feet below street level and would require a 130-foot-long ramp. With a driveway at the proposed northeast corner of the building off Louisiana, the garage floor will be 4 feet below street level requiring a 60-foot ramp.
Day said he would lose about 10 parking spaces due to the size of the ramp if the garage entrance was to be built on Church.
Planning and zoning commissioners approved the site plan and driveway request, giving Day and his company, DFA LTD, the green light to begin construction on the site once building permits are issued by the city.
The three-story building will have an underground parking garage, office and retail space on the first level and office and hotel use on the upper story, according to a letter of intent written to the city’s planning commission.
The underground parking garage will be used for building tenants, Day said. The five extended-stay hotel rooms will be managed by The Grand Hotel, according to a news release about the development.
DFA LTD is waiting for a building permit but expects the building to be complete by August 2018, Day said.
DFA LTD is the general partner for the project. Limited partners include Roger Harris, president of Metro Linens, and principals of Higginbotham Insurance. Other investors include attorney Michael Puhl, Paul Renfro of AMP Equis LLC and Project Manager Nye Gorelangton.