The McKinney Economic Development Corporation (MEDC) has selected Hunt Southwest for the development of a speculative light industrial development project within the city.
MEDC circulated a Request for Proposals in April and received five responses in June. Following an evaluation of the five responses, four finalists were invited to present their proposals at a special MEDC Board meeting July 24. The MEDC Board authorized President Darrell Auterson to initiate negotiations with Hunt Southwest for the sale and development of MEDC owned land in the University Business Park.
“Initiating this speculative light industrial development project in McKinney supports the competitiveness strategies outlined in our five year strategic plan,” said Auterson. “We were extremely impressed with the caliber of development proposals received and while selecting one firm was no easy task, we believe this first project is only the beginning for what we believe will be some significant industrial product development for our future.”
McKinney, Texas, is unique by nature. As one of the fastest growing cities in America, McKinney has a current population of more than 168,000. The city was #1 on the list of Best Places to Live in America in 2014, published by Money Magazine. Established in 1848, the city is located 30 miles north of Dallas and is the county seat of Collin County. McKinney offers award-winning schools, a vibrant historic downtown, diverse housing options, a robust economy and a uniquely beautiful natural setting, with rolling hills and lush trees.