The Eldorado Neighborhood Shops project, an initiative by commercial real estate development firm SLX Capital, will feature a gym, a specialty grocer and a mix of other uses, Ahsan Daredia said, a partner at SLX Capital. A groundbreaking was held for the project on Dec. 2.
The gist
The roughly 14.5-acre project is located at the southwest corner of Eldorado Parkway and Stonebridge Drive.
The project will feature businesses including:
- Chipotle Mexican Grill: A fast-casual dining chain offering made-to-order bowls, burritos, tacos and quesadillas.
- Crunch Fitness: A New York-based fitness chain with more than 400 locations.
- Mountain Mike’s Pizza: A chain restaurant offering pizza, chicken wings, sandwiches and more.
- Willowbrae Academy: A child care and early child care education center offering programs for infants, toddlers, preschool and school-aged children.
The impact
When the project is completed, the development is projected to be valued at $25 million, Daredia said.
“We’re excited to bring more retail for consumers, job growth for residents, and taxable revenue for the city of McKinney,” Daredia said in an email.
- Opening TBD
- Near the intersection of Eldorado Parkway and Stonebridge Drive
- www.slxcap.com