Municue

McKinney Community Development Corporation · 8:00 AM · Council Chambers

The McKinney Community Development Corporation board approved three 4B grant applications for community and preservation projects, but tabled the meeting's largest request — a $13,634,638.49 infrastructure grant for Presidium Group, LLC's Cotton Mill District development — after holding the required public hearing. Approved grants will fund senior housing infrastructure, a historic village restroom facility, and museum preservation work.
32 items4 mattersMinutes ✓View official source →

Analysis incorporates data from the official meeting minutes, including vote outcomes, attendance, and public testimony.

Matters

Site-specific scope

Case File 26-0145

2 hearings since Feb 2026·Last: Mar 17, 2026·Notable

Case File 26-0143

2 hearings since Feb 2026·Last: Mar 17, 2026·Notable

Case File 26-0144

2 hearings since Feb 2026·Last: Mar 17, 2026·Notable

Case File 26-0151

2 hearings since Feb 2026·Last: Feb 26, 2026·Infrastructure

City Council final vote

Analysis

Financial Highlights

The board acted on $29.9 million in grant applications this meeting.[#20][#21][#22][#23]

Key Decisions

Tabled to Another Meeting$13.6M
The board's public hearing on Presidium Group, LLC's $13.6 million infrastructure grant for the Cotton Mill District ended with the item being tabled to a future meeting rather than approved, despite the hearing having been closed.[#22]

Insights by Role

Developer

HighHigh significance — major decision, large financial impact, or broad community effectTwo development-linked grants were considered this meeting: Palladium McKinney Ranch, LTD.'s $2.5 million infrastructure grant for its 109-unit senior living project at 5353 McKinney Ranch Parkway was approved, while Presidium Group, LLC's $13.6 million request for Cotton Mill District infrastructure at 610 Elm Street was tabled to a future meeting rather than approved.

Journalist

HighHigh significance — major decision, large financial impact, or broad community effectThe board's largest request this meeting — a $13,634,638.49 infrastructure grant to Presidium Group, LLC for the Cotton Mill District — was tabled after a public hearing rather than approved, while three smaller grants for senior housing, historic preservation, and a local museum passed the same day; worth tracking why the largest item stalled while others advanced.

Lobbyist

HighHigh significance — major decision, large financial impact, or broad community effectThe Cotton Mill District's $13.6 million infrastructure grant (Presidium Group, LLC, File 26-0151) being tabled rather than approved reopens the advocacy window before it returns to a future MCDC agenda for final action, since the public hearing has already been closed.

Resident

MediumMedium significance — notable action worth trackingResidents near 5353 McKinney Ranch Parkway will see construction infrastructure funded on McKinney Ranch Senior Living, a 109-unit senior development with 72 units reserved for low-income seniors, after the board approved a $2.5 million grant. Separately, the public hearing on Presidium Group, LLC's Cotton Mill District infrastructure grant at 610 Elm Street was closed but the board tabled action, meaning another opportunity for public discussion is likely before a final vote.

Charts & Data

20 items(12 procedural hidden)

The official vote outcome for each item
(e.g., Approved, Denied, Held)
The procedural action taken on the item
(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 presentation spotlighting Hugs Café as a community partner as part of MCDC's 30th anniversary recognition.

#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 January 22, 2026.

Carried unanimouslyCase File 26-0143

#13Approval of minutes from the McKinney Community Development Corporation Potential Projects Subcommittee meeting held December 18, 2025.

Carried unanimouslyCase File 26-0144

#14Minutes of the McKinney Community Development Corporation Promotional and Community Event Grant Subcommittee meeting held on January 12, 2026.

Carried unanimouslyCase File 26-0145

#16Presentation or review of a financial report for the board/committee.

#17Routine board and liaison reports covering updates from the Board Chair and affiliated organizations including Visit McKinney, the McKinney Economic Development Corporation, McKinney Main Street/MPAC, and McKinney Parks and Recreation.

#18President's Report agenda item with no specific substantive content described.

#20Consideration of a $2.5 million project grant application from Palladium McKinney Ranch, LTD for infrastructure improvements supporting McKinney Ranch Senior Living, a new 109-unit senior living development with 72 units reserved for low-income seniors at 5353 McKinney Ranch Parkway.

$2.5M

#21Consideration of a 4B grant application from the Heritage Guild of Collin County requesting $148,500 for site improvements to construct restroom facilities at Chestnut Square Heritage Village, representing 85% of the total project cost.

Unanimously approved$149K

#22Public hearing and consideration of a 4B grant application from Presidium Group, LLC requesting $13,634,638.49 for infrastructure improvements related to development of The Cotton Mill District at 610 Elm Street, representing 71.3% of the project's infrastructure cost.

#23Consideration 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/painting, covering 100% of the project cost.

Unanimously approved$13K

#24PUBLIC COMMENTS Regarding Matters not on the Agenda

#27In 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

#30Posted 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 20th of February 2026, 5:00 p.m. ____________________

#31In 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 and consideration of a $13,634,638.49 project grant application from Presidium Group, LLC to fund infrastructure improvements for the Cotton Mill District development at 610 Elm Street, representing 71.3% of the project's infrastructure cost.

Unanimously approved$13.6MCase File 26-0151

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