The city has been working since February 2015 to create a new mixed-use development on a 9-acre plot of land one block south of the square in downtown McKinney.
On Oct. 18, McKinney City Council approved final plans for a $45 million development in downtown, which consists of 20,000 square feet of retail and restaurant space, 45,000 square feet of office space and 330 multifamily apartments. Phase 1 includes two four-story buildings with retail and restaurant space on the first floor and residential units above, a three-story building with
apartments and a 5 1/2-story parking garage.
Columbus Realty is looking to begin work on the 9-acre site in January including the demolition of some 300-plus existing parking spaces and the existing city-owned building (Annex B). The first phase is anticipated to take approximately 18 months to complete. As part of this work, grading, utility work and paving work will occur soon.
This story is one update from The January Issue. View the full list of 7 things to look for in 2017 here.