Nov 7, 2017
Meanwhile back at Craig Ranch: $120 Million Hub 121 coming
McKINNEY – A $120 million mixed-use project is coming to McKinney Corporate Center Craig Ranch. The 22-acre Hub 121 will be at the northwest corner of SH 121 and Alma Rd.The first phase will...
McKINNEY – A $120 million mixed-use project is coming to McKinney Corporate Center Craig Ranch. The 22-acre Hub 121 will be at the northwest corner of SH 121 and Alma Rd.
The first phase will include:
- 40,000-sf restaurant park in three clusters with roof-top decks and connected pedestrian walkways to Independent Banks’ 400,000-sf corporate headquarters and the Parkside at Craig Ranch’s 2,500-unit urban residential community;
- 6,500-sf pavilion with a performance stage for live music and family movie nights;
- 20,000 sf of retail; and
- 287 urban residences.
The second phase will have a roughly 100,000-sf office building, additional retail buildings, and a hotel.
Phase-one construction kicks off in January 2018.
NCA Partners is the architect, EDGE Realty Partners is the commercial leasing broker, Seneca Investments is the urban housing developer, and Happy State Bank is the lender.
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