The City of McKinney is seeking master development proposals from qualified development teams for the redevelopment of a City-owned primary site (approximately nine acres) and/or any combination of nine City-owned secondary sites located in the City’s historic downtown.
Consistent with the City’s adopted Master Plan for the historic downtown area, redevelopment of the primary site and/or any combination of the secondary sites is expected to include new residential uses and/or new commercial/office/retail/educational uses (single use and/or mixed use building improvements) within a compact and pedestrian-friendly design.
The City is committed to facilitating the redevelopment of the primary site and/or any of the secondary sites by any reasonable means, including the full range of economic development tools available under state law.
Offered incentives will aim to be mutually beneficial and will be based on negotiations with the selected development team and the merits of the proposed project.
The City’s ownership of the primary site and of the secondary sites offers several options for property control/acquisition by the selected development team. The land conveyance process for any included sites will be undertaken in accordance with applicable state laws governing disposition of public property.
Visit www.mckinneytexas.org/DowntownRFP/ to obtain the RFP and for links to various related documents.
- Pre-Submittal Conference/Tour: Wednesday, Aug. 1, 2012 starting at 8:30 a.m. at McKinney City Hall.
Submittals must be received by the City of McKinney Purchasing Department by mail or hand delivery no later than 2 p.m. on Thursday, Sept. 27, 2012.
The primary site (approximately nine acres) is located two blocks southeast of the historic downtown square and has 442 feet of frontage on State Highway 5 (McDonald Street). State Highway 5 is a major north-south regional roadway. (Detailed information about the primary site can be found in Section 2 of the RFP.)
Secondary Sites: There are nine City-owned secondary sites in the downtown area. Detailed site information for the secondary sites is not provided in the RFP. If specifically requested during the inquiry period, details for any of the secondary sites will be provided by formal written addendum.