The proposals, given by the top three respondents to a city-issued request for qualifications, included plans for the potential redevelopment of four city-owned properties in downtown McKinney.
How we got here
City Council members declared their intention to pursue a public-private partnership for the redevelopment of five blocks in downtown earlier this year. The properties include the existing City Hall building along with the development services building and two neighboring parking lots.
Public input was gathered through a town hall, a survey and interviews to collect feedback on what the community would like to see developed on the sites. City staff included feedback in a request for qualifications, which received 15 responses from development firms looking to partner with the city, according to a presentation at an Oct. 24 meeting.
City staff members evaluated and scored the responses using a scoring rubric included in the request for qualification, and the top three finalists presented their visions for the properties Nov. 28.
Three development firms presented project proposals as well as information about their organizations and development teams at the Nov. 28 meeting. The concept plans are conceptual and could change during negotiations, according to city documents.
The three development teams that presented proposals are listed below.
1. Nack Development
The proposal from this Frisco-based company included an entertainment venue with rooftop patios created in collaboration with Neltex Sports. On an adjacent block, they proposed a boutique hotel and office, with connections between the various buildings in the form of sky bridges.
Other aspects of the presentation include vertically integrated mixed-use areas with for lease and for sale residential units above ground floor retail and restaurants as well as open space. The proposal also included a parking garage.Nack Development specializes in development projects in downtown areas, owner and founder Donny Churchman said. The firm led the development of the Rail District in Frisco.
Churchman identified Neltex Sports, Cross Architects and Pogue Construction as contributors to the proposal and potential redevelopment if chosen.
2. M2G Ventures
Representatives of M2G Ventures presented a proposal that included multifamily residential in the style of live-work units with a wrapped, multilevel parking garage, a boutique hotel and additional parking. The proposal also included open space as well as retail and restaurants throughout the project, including along a pedestrian-only paseo.M2G Ventures is a woman-owned development firm based in Fort Worth. The company led the development of Mule Alley at the Historic Fort Worth Stockyards, co-founder and President Jessica Miller Essl said.
Company representatives identified real estate company HarvestMXD and hotel developer Archstreet as contributors to the proposal and potential redevelopment if chosen, as well as other project consultants.
3. Hines Interests
Hines Interests’ proposal included about 20 live-work-style multifamily residential units as well as retail and a boutique office centered around a park. The proposal also included three separate parking structures with over 700 planned parking spots, according to city documents.Hines Interests' recent projects in the Dallas-Fort Worth area include The Stack Deep Ellum, a $115 million office and retail development, as well as mixed-use project Maple Terrace in Uptown Dallas.
Company representatives identified real estate company Madison Partners, architecture firm NBBJ and landscape architects Garrison/Jones as contributors to the proposal and potential redevelopment if chosen.
Quote of note
“This process for us has been about making sure that at the end of the day, regardless of what you see on these ... presentations, [we] make sure that we have a development partner to deliver what we all see ... [and] make sure that it works within the fabric of downtown,” McKinney Mayor George Fuller said.
Feedback collected from a survey shared at the Nov. 29 meeting will be shared with City Council members, who are expected to review the feedback and submit final thoughts to the development teams on Dec. 1, according to city staff.
Council members are expected to ask one or more of the development teams to begin negotiations on the redevelopment partnership at a Dec. 5 meeting. Further progress on the development initiative will be determined by the negotiation process.
To see the full proposal presentations, view the meeting agenda here. For more information on the downtown redevelopment initiative, visit www.mckinneytexas.org/2096.