Hub 121 dressing up Craig Ranch

McKINNEY – The McKinney Corporate Center at Craig Ranch will soon get a new 22-acre mixed-use development, called Hub 121.

The $120 million corporate magnet will include a restaurant park, urban-style residences, retail and a hotel.

Plans include three clusters of a 40,000-sf restaurant park with roof-top decks and connected pedestrian walkways.

In the future, those pedestrian walkways will connect to Independent Bank’s $52 million, 400,000-sf corporate office in Craig Ranch.

The initial phase includes a 6,500-sf pavilion with a performance stage for live entertainment, 20,000 sf of retail space, and an additional urban-style community totaling about 287 units.

The second phase of Hub 121 is slated to include about 100,000 sf of office building space with additional retail space and a hotel.