Presidium is in the final stages of securing approval from McKinney town officials for their ambitious plans to revitalize the area surrounding the historic cotton mill. The $750 million mixed-use project, set to break ground in mid-2024, will feature a combination of residential, commercial and retail spaces. This development is expected to bring significant economic growth with an estimated total impact of $930 million and generate $38 million in tax revenue for McKinney.
The 28-acre site will include four apartment buildings with a total of 1,200 units as well as 200,000 square feet dedicated to office space. Plans also include retail options such as restaurants and cafes within this mixed-use complex.
Dating back to 1910, the city’s former cotton mill was once used for processing cotton and manufacturing textiles before being repurposed into this exciting new development.
