McKinney Community Development Corporation · 8:00 AM · Council Chambers
Analysis incorporates data from the official meeting minutes, including vote outcomes, attendance, and public testimony.
Matters
Site-specific scope
Case File 26-0049
Analysis
Financial Highlights
Contracts & Procurement
Development & Land Use
Historic Preservation
Housing
Community Impact
Governance & Oversight
Insights by Role
Developer
HighHigh significance — major decision, large financial impact, or broad community effectThree major private developments received financing approvals that materially change their feasibility: the JW Marriott Resort Hotel at Craig Ranch gained a combined $35.25M in MCDC loan and grant funding, the Cotton Mill District redevelopment secured a $13.6M infrastructure grant, and McKinney Ranch Senior Living locked in a $2.5M grant for its 109-unit project.
Journalist
HighHigh significance — major decision, large financial impact, or broad community effectThe board recorded five conflict-of-interest recusals across three files this meeting (26-0054, 26-0058, 26-0066) — a notable concentration worth asking the board to explain — while also approving a Chapter 380 Agreement amendment naming VENU Holding Corporation as successor by name change to Notes Live, Inc.
Lobbyist
MediumMedium significance — notable action worth trackingMCDC's willingness to amend and expand incentive packages for anchor developments — the Chapter 380 Agreement amendment with VENU Holding Corporation (#33) and the Craig Ranch/JW Marriott financing amendment adding $35.25M in combined loan and grant funding (#32) — signals which project types and sponsors currently have the board's confidence.
Resident
MediumMedium significance — notable action worth trackingResidents near McKinney Ranch, LTD. will see a new 109-unit senior living community move forward after MCDC approved its $2.5M infrastructure grant at a public hearing, while parks users benefit from $7.46M in reappropriated funding directed to the Wilson Creek Trail and Towne Lake projects, and $148,500 for restroom facilities at Chestnut Square Heritage Village.
Charts & Data
35 items(13 procedural hidden)
(e.g., Approved, Denied, Held)
(e.g., Hearing Closed, Corrected, Referred)
AI-generated summaries. Click to expand for original text.
#3This meeting will be streamed live on through the City’s website. Members of the public who wish to watch this meeting may watch the live stream online at: https://mckinneytx.new.swagit.com/views/130
#7A 30th anniversary spotlight on MCDC's community partnership with McKinney Parks & Recreation.
#8PUBLIC COMMENTS ON AGENDA ITEMS (For Non-Public Hearing Items)
#9If you wish to address the Board on a posted item on this agenda, please fill out a "Request to Speak" card and present it to the Clerk before the meeting. Pursuant to Section 551.007 of the Texas Gov
#11This portion of the agenda consists of non-controversial or housekeeping items required by law. Items may be considered individually by the Board or Commission member making such request prior to a mo
#12Approval of the minutes from the McKinney Community Development Corporation meeting held on December 18, 2025.
#14Presentation of a financial report to the committee.
#15Routine board and liaison reports covering updates from city departments and partner organizations including Visit McKinney, the McKinney Economic Development Corporation, McKinney Main Street/MPAC, and McKinney Parks and Recreation.
#16The board president delivered a report to the group.
#18Consideration of a $13,000 Promotional and Community Event Grant application from The Heritage Guild of Collin County to fund advertising and promotion of 2026 events at Chestnut Square.
#19Consideration of a $7,500 Promotional and Community Event Grant application from ArtByMetta, LLC to fund advertising and promotion of the 2026 R&B Picnic Festival.
#20Consideration of a Promotional and Community Event Grant application from ManeGait Therapeutic Horsemanship for $12,500 to fund advertising, marketing, and promotion of the 2026 ManeGait LIVE Country Fair and Concert.
#21Consideration of a Promotional and Community Event Grant application from St. Peter's Episcopal Church for $15,000 to fund advertising, marketing, and promotion of the 2026 Empty Bowls Event.
#22Consideration of a Promotional and Community Event Grant application from Odysseus Chamber Orchestra (dba McKinney Philharmonic Orchestra) for $13,500 to fund advertising and marketing for the 2026-2027 concert season featuring at least seven performances.
#23Consideration of a Promotional and Community Event Grant application from Raining Grace, Inc. (dba Texas Homegrown Music) for $10,000 to fund advertising and marketing for the 2026 Homegrown Stage at Texas Music Revolution in Downtown McKinney.
#24Consideration of a Promotional and Community Event Grant application from the Collin County History Museum for $12,300 to fund advertising, marketing, and promotion of its 2026 events.
#25Consideration of a Promotional and Community Event Grant application from SBG Hospitality for $15,000 to fund advertising, marketing, and promotion of the 2026 Sip and Stroll Series.
#26The city is considering a Promotional and Community Event Grant application from McKinney Repertory Theatre for $1,030 to fund advertising, marketing, and promotion of its 2026 performances.
#27The Millhouse Foundation submitted a Promotional and Community Event Grant application requesting $15,000.00 to fund advertising, marketing, and promotion for the 2026 Millhouse Arts Festivals, Special Events, and Makers Market events at McKinney Cotton Mill.
#28Consideration of a Promotional and Community Event Grant application from Sostenuto Choral Community of North Texas for $5,300.00 to fund advertising, marketing, and promotion of the 2026 Sostenuto Spring Concert.
#29Consideration of a Promotional and Community Event Grant application from Marching Music Made in McKinney for $10,000.00 to fund advertising, marketing, and promotion of the 2026 Drum Corps International Competition at MISD Stadium and the Drumline Battle at TUPPS.
#30The city is considering a $14,000 Promotional and Community Event Grant application from McKinney Main Street to fund advertising, marketing, and promotion of the 2026 Arts in Bloom event.
#31Consideration of a Promotional and Community Event Grant application from 25 Revolutions, LLC for $15,000 to produce and market a promotional trailer for expanded distribution of the 'Texas Music Revolution 25' documentary filmed in McKinney.
#32Consideration of a First Amendment to Project Grant #17-04 for Craig Ranch Luxury Hotel SPE Owner LP, modifying an MCDC loan of $10,250,000 and MCDC grant of $25,000,000 for partial funding of a JW Marriott Resort Hotel construction project.
#33Consideration of a Fourth Amendment to the Chapter 380 Development Agreement among the City of McKinney, McKinney Economic Development Corporation, McKinney Community Development Corporation, and VENU Holding Corporation (successor to Notes Live, Inc.).
#35A public hearing and vote on a $2.5 million project grant application from Palladium McKinney Ranch, LTD for infrastructure improvements supporting the construction of McKinney Ranch Senior Living, a 109-unit senior living development with 72 units for low-income seniors at 60% AMI or below.
#36Public hearing on a $148,500 4B grant application from Heritage Guild of Collin County to fund restroom facility site improvements at Chestnut Square Heritage Village, representing 85% of total project cost.
#37A public hearing and vote on a $13,634,638.49 project grant application from Presidium Group, LLC for infrastructure improvements supporting The Cotton Mill District development at 610 Elm Street, representing 71.3% of the project's infrastructure cost.
#38Public hearing and consideration of a $13,300 project grant application from the Collin County History Museum for building and archive preservation work, including window tinting and interior repairs and painting.
#39Public hearing on a request from the McKinney Parks and Recreation Department to reappropriate previously awarded funds of $3,809,419.25 to the Wilson Creek Trail project and $3,651,069.11 to the Towne Lake project.
#40PUBLIC COMMENTS Regarding Matters not on the Agenda
#43In accordance with the Texas Government Code: Section 551.087. Deliberation Regarding Economic Development Matters Project 20-09 TUPPS Brewery & Entertainment Destination Project Hemispheres Venu/Note
#46Posted in accordance with the Texas Government Code, Chapter 551, at least seventy-two (72) hours prior the start of the meeting, on or before the 16th of January, 2026, 5:00 p.m. ____________________
#47In accordance with the Americans with Disabilities Act, it is the policy of the City of McKinney to offer its public programs, services, and meetings in a manner that is readily accessible to everyone
Public hearing on a request from the McKinney Parks and Recreation Department to reappropriate previously awarded funds of $3,809,419.25 to the Wilson Creek Trail project and $3,651,069.11 to the Towne Lake project.
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