Plano's Collin Creek Mall redevelopment likely to receive $30 million in funding for parking garage

The Collin Creek Mall redevelopment project will likely receive $30 million in federal funds toward a parking garage in April. The redevelopment project is currently in its demolition phase, as seen on Jan. 29, when this photo was taken. (Liesbeth Powers/Community Impact Newspaper)
The Collin Creek Mall redevelopment project will likely receive $30 million in federal funds toward a parking garage in April. The redevelopment project is currently in its demolition phase, as seen on Jan. 29, when this photo was taken. (Liesbeth Powers/Community Impact Newspaper)

The Collin Creek Mall redevelopment project will likely receive $30 million in federal funds toward a parking garage in April. The redevelopment project is currently in its demolition phase, as seen on Jan. 29, when this photo was taken. (Liesbeth Powers/Community Impact Newspaper)

The Collin Creek Mall redevelopment project will likely receive $30 million in federal funds toward a parking garage from the North Central Texas Council of Governments.

The Regional Transportation Council discussed and approved the funding for the project at a meeting Feb. 27.

Half of the $30 million will be a grant to the city, and the other half will be a loan. The city of Plano is contributing an additional $25 million to the garage.

This funding will become available April 8 barring any major concerns from the public, which would require a revisitation of the plan, said Michael Morris, the director of transportation with the council, at a March 9 public meeting.

“I think you should assume with the public meeting and with the RTC, we’re moving ahead with our $30 million for that project,” Morris said.


The funding comes from a new mega-redevelopment program, Morris said, which he is shaping with the Collin Creek Mall project.

Previously only new developments were eligible for these types of funds, but with this program, more redevelopment projects may be able to receive funding, according to Morris.

For this project, the garage will be considered a regional park and ride lot for the federal funding to apply, he said.

“They [Plano] needed money to help build the development. We had to create a context of, ‘Why are we involved in it?’” Morris said. “So we created the transit component, we created the broader public policy item.”

The partnership includes requirements for park and ride spaces in the garage, as well as the inclusion of electric vehicle charging infrastructure in the development.

The city will also be required to coordinate with Dallas Area Rapid Transit for a transit service using next-generation electric vehicles to the Downtown Plano Light Rail Station. Plano may have the ability to pay for this portion of the project through funding from the Federal Transit Administration or other government organizations, the presentation detailed.

The garage must also be owned by the public sector and the funding can only be used for construction, according to Morris’ presentation.

“It serves like eight purposes for us all in one project,” Morris said. “You could live here [Collin Creek Mall redevelopment], park here, go to dining in downtown Plano. ... Lots of what we call market segments [are] well-integrated into this project.”
By Liesbeth Powers
Liesbeth graduated from Baylor University with a degree in new media journalism in December 2018. She gained her newspaper experience as a staff writer and multimedia editor at her campus paper, The Baylor Lariat. Liesbeth joined the Community Impact team in August 2019, where she reports on all things Plano and Richardson, including Plano City Council and Dallas Area Rapid Transit.


MOST RECENT

Library visitors will be able to look for materials and pick up holds in person using a self-checkout system and to shop lobby sales. (Courtesy city of Plano)
Plano libraries reopen for grab-and-go services, computer access

Library visitors will be able to look for materials and pick up holds in person using a self-checkout system and to shop lobby sales.

Home furnishings retailer Living Spaces has opened a store in Fort Worth and will offer a variety of designer collections, including Magnolia Home by Joanna Gaines. (Courtesy Living Spaces)
Living Spaces opens in Fort Worth and more DFW-area news

Read the latest Dallas-Fort Worth business and community news.

Oct. 23 is the last day Texas voters can apply for a vote-by-mail ballot. (Courtesy Pexels)
Tackling Texas' vote-by-mail system: Applying, delivering, tracking your ballot

Oct. 23 is the last day Texas voters can apply for a vote-by-mail ballot.

The grant, which was awarded to the Plano ISD Education Foundation on behalf of the district, will help the 49% of students who have chosen to learn virtually for the second nine weeks of the semester. (Courtesy Adobe Stock)
Plano ISD receives thousands of dollars from Toyota USA for tech-related purchases

The grant, which was awarded to the Plano ISD Education Foundation on behalf of the district, will help the 49% of students who have chosen to learn virtually for the second nine weeks of the semester.

(Community Impact Newspaper staff)
Report on Collin County economic opportunities reveals disparities in income, health, education

The 44-page report, conducted by public policy nonprofit Every Texan, outlines Collin County's economic status related to race and ethnicity, income, educational attainment and wealth.

Oct. 14 was the busiest day thus far for voting in Plano, with 11,639 county residents showing up to cast ballots in person. (Community Impact staff)
DATA: Nearly 75,000 people have turned out to vote in Plano since start of early voting

Oct. 14 was the busiest day thus far for voting in Plano, with 11,639 county residents showing up to cast ballots in person.

First United Bank team members attend the The Parkwood groundbreaking Oct. 19. (Courtesy Cawley Partners)
First United Bank breaks ground on new headquarters in Plano

A new office development named The Parkwood will become the headquarters for First United Mortgage Co. and the home of Plano's first branch for First United Bank.

About 55% of DART’s bus service currently focuses on high-ridership routes, while the rest is used to provide coverage, according to Mark Nelson, director of transportation for the city of Richardson. (Courtesy DART)
DART board hones in on hybrid concept for ridership redesign as vote is delayed to November

Richardson and Plano would likely see little to no impact in coverage should the board choose the hybrid approach for Dallas Area Rapid Transit’s bus redesign.

The city of Plano is allocating $500,000 of its funding from the Coronavirus Aid, Relief and Economic Security Act to Plano ISD for custodial items and personal protective equipment. (Courtesy Adobe Stock)
City of Plano pitches $500,000 toward COVID-19 prevention in Plano ISD

The money comes from funding given to the city through the Coronavirus Aid, Relief and Economic Security Act.

John Muns, chairman of the Plano Planning & Zoning Commission, announced his intention to run for mayor in 2021 at an Oct. 19 meeting. (Courtesy city of Plano)
John Muns announces plans to run for mayor of Plano

Muns, who currently serves as chairman of the Plano Planning & Zoning Commission, was appointed by City Council in 2015.

The cafe offers a library of over 600 games and a bistro-style menu. (Courtesy Friend & Foe)
Friend & Foe to shutter after one year of business in Plano

The board game cafe, which opened last September, cited daily, pandemic-driven revenue losses as the reason behind the closure.

The location is owned by local husband-wife team Jesse and Mary Rose Merin. (Courtesy Dickey's Barbecue Pit)
Dickey's Barbecue opens in Frisco and more DFW-area news

Read the latest business and community news from the Dallas-Fort Worth area.