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Texas  + Dallas-Fort Worth  + Apartments  | 
Presidium to invest $750M in McKinney mill project

McKinney Cotton Mill Project to Kick Off Mid-2024

Presidium has had to go back to the McKinney town decision-makers a number of times to iron out the last remaining details for their ambitious plans to revamp the area around the town’s historic cotton mill. It now looks like they are finalizing their plans for what could be a $750 million mixed-use project in the town’s downtown area. It intends to begin construction on the site sometime in mid-2024. The project will feature apartments, offices and retail space. The project is also expected to generate more than $930 million in total economic impact and $38 million in tax revenue for McKinney.

Plans for the 28-acre development call for 200,000 square feet of offices and four apartment buildings for 1,200 units. Space for retail, including eateries and cafes, are also in the blueprints for the mixed-use complex.

The city’s old cotton mill once operated as a cotton processing and textile manufacturing facility, dating back to 1910.

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About Mike Boyd

Mike covers our Texas and Phoenix/Southwest regions. He is a veteran news reporter who spent 10 years in radio and television news, mostly in Tucson, Arizona. Following his career in the media, he spent ten years as a communications executive for a publicly traded development company. Mike is married with three boys and three Huskies.

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