The private development is located on 5.3 acres between Virginia Street and Walker Street along the east side of SH 5. The four-story project will include 312 apartments, four townhomes and 12 live-work units.
The development will also feature over 4,300 square feet of retail space that faces the Virginia Street and SH 5 intersection. It is also directly adjacent to the site of the McKinney Municipal Complex project and less than a mile from the Tupps Brewery project.
The yet-to-be-named project, spearheaded by Columbus Realty Partners, was presented at a McKinney Development Update meeting held by the McKinney Chamber of Commerce on Aug. 23. Columbus Realty Partners CEO Robert Shaw emphasized the value of creating a walkable community environment as well as a landmark structure for downtown.
“Now you're not driving past downtown; you'll be driving into it. The physical structure will help frame and create that sense of arrival that didn't exist before,” Shaw said.
The project will have its groundbreaking in October and is expected to be completed in June 2024.
