McKinney Reports
7 months analyzed · 131 meetings · 83 important findings.
In July 2026, the McKinney City Council and Community Development Corporation approved a range of financial, development, and housing measures, including the MCDC Fiscal Year 2027 Budget and an amendment to the Tax Increment Reinvestment Zone Number One project plan. [3] [4] The MCDC also approved 11 separate Promotional and Community Event Grant applications and multiple 4B economic development grants, including $1,177,920.00 to the Parks and Recreation Department and $575,595.00 to the Harvest Seed Project Foundation. [3]
View full report →The McKinney Community Development Corporation approved a $13,634,896.11 grant to Cotton Mill Partners, LTD (4B26-10, File 26-0490) for infrastructure improvements supporting The Cotton Mill District at 610 Elm Street. [24] At the March 3, 2026 joint meeting, the Chairman or designee was authorized to accept a Transportation Infrastructure Finance and Innovation Act (TIFIA) loan of $30,000,000.00 from the U.S. DOT's Build America Bureau to finance improvements to McKinney National Airport, including construction of passenger terminal facilities (File 26-0155). [63]
The McKinney Community Development Corporation approved a $13,634,896.11 grant to Cotton Mill Partners, LTD (4B26-10, File 26-0490) for infrastructure improvements supporting The Cotton Mill District at 610 Elm Street. [13] At its June 16, 2026 regular meeting, the City Council held a public hearing and approved an ordinance expanding the boundaries of Tax Increment Reinvestment Zone Number One by approximately 15.7 acres (File 26-0584) on a 6-1 vote, with Councilmember Cloutier voting against. [3]
The City Council approved an ordinance authorizing the issuance and sale of General Obligation Refunding and Improvement Bonds, Series 2026 (File 26-0219, Item #31), establishing sale parameters and delegating certain matters to an authorized city official. [2] The McKinney Community Development Corporation approved the First Amendment to Project Grant #17-04, originally awarded June 26, 2025 to Craig Ranch Luxury Hotel SPE Owner LP, adding an MCDC Loan of $10,250,000 and an MCDC Grant of $25,000,000 for partial funding of construction of a JW Marriott Resort Hotel under File 26-0067. [25]
In June 2026 the McKinney Community Development Corporation approved a $683,467 project grant to Hugs Café, Inc. (File 26-0601, Item 21) for expansion and site improvements at Hugs Greenhouse, 1151 East Cottage Hill Parkway in the McKinney ETJ. [1] At the June 16, 2026 City Council Regular Meeting, Council held a public hearing and approved an ordinance expanding the boundaries of Tax Increment Reinvestment Zone Number One by approximately 15.7 acres (File 26-0584), with the vote carrying 6-1 and Councilmember Cloutier voting against. [3]
The McKinney Community Development Corporation approved a $13,634,896.11 grant to Cotton Mill Partners, LTD for infrastructure improvements supporting The Cotton Mill District at 610 Elm Street. [1] City Council approved a resolution authorizing a non-binding term sheet governing development of approximately 1,786 acres east of FM 1461 and County Road 166. [7]
City Council approved three separate UASI grant applications from the U.S. Department of Homeland Security to fund police officer protection, police threat assessment, and fire department threat detection, each passing 5 to 1 with Council member Beller opposed. [5] The McKinney Community Development Corporation approved $13,634,896.11 to Cotton Mill Partners, LTD for infrastructure at The Cotton Mill District, covering 71.3% of total infrastructure cost. [4]
The City Council approved an ordinance authorizing the issuance and sale of General Obligation Refunding and Improvement Bonds, Series 2026 (File 26-0219, Item #31), establishing sale parameters and delegating certain matters to an authorized city official. [2] The Chairman or designee was authorized to accept a Transportation Infrastructure Finance and Innovation Act (TIFIA) loan of $30,000,000.00 from the U.S. DOT's Build America Bureau to finance improvements to McKinney National Airport, including construction of passenger terminal facilities (File 26-0155). [9]
The McKinney Community Development Corporation approved a $2,500,000 grant to Palladium McKinney Ranch, LTD (File 26-0149, 4B26-01) for infrastructure supporting McKinney Ranch Senior Living, a 109-unit development with 72 units reserved for seniors at 60% AMI or below at 5353 McKinney Ranch Parkway, representing 7.5% of total project cost. [2] The board held and closed the public hearing on the $13,634,638.49 grant request from Presidium Group, LLC (File 26-0151, 4B26-04) for infrastructure supporting The Cotton Mill District at 610 Elm Street, covering 71.3% of infrastructure cost, but tabled action to a future meeting rather than approving it. [2]
The McKinney Community Development Corporation approved item #32 (File 26-0067), a First Amendment to Project Grant #17-04 for Craig Ranch Luxury Hotel SPE Owner LP amending the original June 26, 2025 award of a $10,250,000 MCDC loan and $25,000,000 MCDC grant for construction of the JW Marriott Resort Hotel, on a motion by Richardson-Woods and second by Bradford. [4] At the January 20, 2026 City Council Regular Meeting, Item 32 approved a resolution (File 26-0036) adopting a Sustainability Roadmap for the City of McKinney. [5]
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