The gist
The MCDC’s board of directors voted to award the money during a meeting held Sept. 25. The grants are part of the corporation’s commitment to support infrastructure improvements at retail properties across the city.
Under the MCDC’s Retail Development Infrastructure Grants program, project developers can apply for up to $50,000 per project. Funds are available for exterior infrastructure enhancements that support new or expanding retail businesses, according to a news release.
Grant funds were awarded to the following projects:
- 380 Marketplace: up to $40,000
- For infrastructure improvements, including exterior electrical, water line replacement and parking lot repairs
- Cotton Mill: $27,458.92
- For installation of drainage and replacement of concrete with turf for an outdoor wedding venue and gathering space at the Cotton Mill
“We’re proud to partner with retail businesses and developers that are making critical upgrades to improve the safety, functionality, and appeal of their retail spaces,” MCDC board chairperson Angela Richardson-Woods said in a statement. “These infrastructure investments benefit not only the businesses but the surrounding community and local economy as a whole.”
The details
Renovations are underway at the 380 Marketplace, previously named Sunrise Center, which is located at 2414 W. University Drive in McKinney. Precision Investments announced renovations and rebranding of the shopping center in June.
Planned improvements at the shopping center include facade renovations, new LED exterior lighting, concrete repairs and additional storefronts. The total cost of the project is estimated at $558,322, according to the applicant’s presentation. Renovations are expected to conclude in January 2026.
Grant funds awarded to the McKinney Cotton Mill will be used for installing subsurface drainage and turf within the building’s dye room, according to the applicant’s presentation. The Cotton Mill hosts weddings and events. For more information, visit www.mckinneycottonmill.com.
