The 22-acre mixed-use development will be located at the northwest corner of SH 121 and Alma Road in the Craig Ranch development. Hub 121 will include restaurants, entertainment, urban residences, retail, office space and a hotel.
“Hub 121 will be a multivenue destination for all of McKinney and the North Texas area,” Developer Shane Jordan said in a news release. “We have a 'wow' factor in mix of uses that will bring customers to Craig Ranch and programming to keep them here longer."
Phase 1 will include a 40,000-square-foot restaurant park with rooftop decks, a 6,500-square-foot pavilion with a performance stage, 20,000 square feet of retail space, 287 urban residences and a pedestrian walkway to Independent Bank's new corporate headquarters.
The second phase of construction on the site will have an approximately 100,000-square-foot office building, retail buildings and a hotel.
“A corporate center, for it to be successful, it needs some walkable entertainment to the employee base, and so actually we think we’re going to help [the corporate center at Craig Ranch] develop,” Jordan said in a previous interview with Community Impact Newspaper.
More information about Craig Ranch and the developments taking place there can be found in our previous coverage here.