The McKinney Community Development Corporation convened on January 23, 2025, to discuss significant developments in the city, particularly focusing on ongoing projects and future plans. The meeting highlighted the progress of the SURF phase, a key component of a larger development initiative, which is crucial for securing financial incentives from the McKinney Economic Development Corporation (MEDC).

A representative emphasized the importance of completing the SURF phase, stating that failure to do so would result in substantial financial losses. The project includes three major developments: the Lehi building, a hotel, and the surf lagoon, which collectively represent a $55 million investment. The speaker noted that the completion of these projects is not only vital for financial reimbursement but also for the overall enhancement of McKinney's community offerings.

The discussion also touched on the flex space associated with the development, which is intended to attract various tenants, including a potential bowling alley and a rock climbing facility. The representative reported that there is already interest from two tenants, indicating a positive outlook for leasing the space.

Further details were provided about the hotel, which will be built by the development group without needing a partner. The pricing structure for the surf lagoon was also discussed, with a proposed daily pass of $50 for adults and $30 for children, aimed at providing a competitive alternative to existing recreational facilities.

The meeting concluded with a public hearing segment, allowing community members to voice their opinions on the discussed projects. A motion was made to close the public hearing, which was unanimously approved by the board members present.

Overall, the meeting underscored the commitment of the McKinney Community Development Corporation to advancing local development projects that promise to enhance recreational opportunities and economic growth in the area. The next steps will involve continued collaboration with MEDC and further engagement with potential tenants to ensure the successful completion of the planned developments.