Title
Conduct a Public Hearing and Consider/Discuss/Act on a Project Grant Application Submitted by Cotton Mill Partners, LTD, (4B26-10) in an Amount of Thirteen Million Six Hundred Twenty Thousand Eight Hundred Ninety-Six and 11/100 Dollars ($13,634,896.11) for Infrastructure Improvements Related to the Development of The Cotton Mill District, Located at 610 Elm Street in McKinney, Texas. Amount Requested Represents 71.3% of Total Infrastructure Cost for the Project.
Summary
COUNCIL GOAL: 1: Direction for strategic and economic growth
1:1 Provide a strong economy by facilitating a balance between industrial, commercial, residential, and open space.
5: Enhance Quality of Life in McKinney
5.3: Develop sustainable quality of life improvements within the City of McKinney
MEETING DATE: April 23, 2026
DEPARTMENT: McKinney Community Development Corporation
CONTACT: Cindy Schneible, President
ITEM SUMMARY:
* McKinney Community Development Corporation will conduct a public hearing on a project grant application submitted by Cotton Mill Partners, LTD, in an amount of $13,620,896.11 for infrastructure improvements related to the construction of The Cotton Mill District.
* These infrastructure improvements are necessary to support any type of development in the district including public spaces, retail, hospitality, office, commercial, and residential.
* Envisioned as the southern anchor of the Highway 5 corridor, this project intends to cultivate a vibrant, inclusive district where people can gather, connect, dine, and shop.
* Approximately 1.5 acres will be dedicated to public space (plazas, parks, open space) that will serve as gathering places for residents and visitors. Elements of these public spaces include event lawn, central fountain, and a network or pedestrian walkways and paseos designed to host programming and community events.
* Prioritizing open space allows the total project to begin to move forward in a meaningful way as vertical components...
Click here for full text