The McKinney City Council Work Session on August 5, 2025, spotlighted the potential redevelopment of key city-owned properties in downtown McKinney. City officials presented a comprehensive overview of four significant tracts totaling approximately 4.75 acres, including the Old City Hall and the Development Services Building, along with two active parking lots.
The discussion aimed to inform the new mayor and council members about the historical context and current status of these properties, emphasizing their appraised values and zoning allowances. Each tract is valued at around $1 million, with the Development Services Building and Old City Hall both offering about 40,000 square feet of space. The zoning permits a variety of uses, including residential, hotel, office, and retail, with the potential for five-story developments.
Past proposals have suggested ambitious projects, such as a 139-room hotel and a mixed-use building with retail and office spaces. A recent market study indicated a strong demand for office, retail, and multifamily developments in the area, reinforcing the city's vision for revitalizing downtown.
While no immediate decisions were made during the session, city officials expressed their commitment to collaborating with the council in the coming weeks to chart a path forward for these redevelopment efforts. The meeting underscored the city's proactive approach to enhancing its downtown area, aiming to attract new businesses and residents while preserving its historic charm.