Title
Consider/Discuss an Update on Project 4B25-16, Awarded to Entertainment Properties 360 LLC for Enhancements to the Privately Owned, Publicly Accessible Park Located in the Commercial Portion of West Grove Retail Development at 8701 West University Drive, McKinney, Texas.
Summary
COUNCIL GOAL: 1: Direction for Strategic and Economic Growth
1.2: Continue to develop a retail strategy for key areas of the community to diversify revenue sources and expand entertainment, dining and shopping options and tourism.
5: Enhance Quality of Life in McKinney
5.1: Create affordable recreational and cultural arts activities
for all ages throughout the city
MEETING DATE: November 19, 2026
DEPARTMENT: McKinney Community Development Corporation
CONTACT: Cindy Schneible, President
ITEM SUMMARY:
• In September 2025, MCDC awarded a total of $2,000,000 for enhancements to the privately owned, publicly accessible park located in the West Grove Retail Development located at Custer Road and University.
• The development team will provide an update on the project status of the park and the surrounding West Grove development.
BACKGROUND INFORMATION:
• The partially completed West Grove Retail Development is a retail development located at the Southeast corner of Custer and 380.
• Development partners include Entertainment Properties 360, Ryan LLC, and De La Vega Development.
FINANCIAL SUMMARY:
• In September 2025, MCDC awarded a total of $2,000,000 for enhancements to the privately owned, publicly accessible park located in the West Grove Retail Development.
• To date, a total of $27,157.11 has been reimbursed for eligible expenses.
SUPPORTING MATERIALS:
• Presentation