McKINNEY (Oct. 16, 2013) — On Tuesday night, the McKinney City Council approved a proposal to the McKinney Community Development Corporation (MCDC) from the Plano Sports Authority (PSA) for a project to build a 90,000 square-foot multisport facility with indoor court space, concessions and meeting rooms at Gabe Nesbitt Community Park.
The total cost to build the facility is estimated to be about $9.7 million. PSA requested a $3.2 million loan from MCDC to be used for equity funding and will be repaid over a period of four years. The balance of the cost for the facility is to be financed by a PSA-secured loan. The facility is proposed to include courts for youth sports like basketball, soccer and volleyball.
No additional funding was requested, and programs will be managed entirely by PSA without any ongoing city commitment for program operations. The proposed location for the facility is on city-owned land at Gabe Nesbitt Community Park. The exact site within the park hasn’t been determined and will be impacted by the location of an aquatic center, currently in the design process.
PSA was established in 1970. It has opened two multisport facilities in Plano, and a third facility is scheduled to open Nov. 1 in Murphy. PSA serves 74,000 registrants in youth sports. The MCDC board approved the project proposal during a meeting on Sept. 26. MCDC funding for capital and economic development projects requires additional approval by the City Council.
“This facility meets a need identified by the community for a youth multisport facility through feedback from a community quality of life survey. The MCDC board unanimously approved the project, and we look forward to bringing a PSA facility to McKinney,” said Cindy Schneible, MCDC Executive Director.
The McKinney Parks, Recreation and Open Space (PROS) Department currently serves about 2,500 youth annually in basketball and volleyball, in addition to 14,000 combined in outdoor sports like football, baseball, soccer, softball and lacrosse.
“While McKinney has great participation in sports leagues, there are McKinney residents currently participating in sports in other towns due to capacity limits because of limited facilities available for practice and games. A multisport facility in McKinney will undoubtedly increase the already high level of youth sports participation in our city by addressing a pronounced need of space,” said Lemuel Randolph, PROS Director.
McKinney, Texas, is unique by nature. As one of the fastest-growing cities in the United States, McKinney has a current population of nearly 141,000. Incorporated in 1848, the city is located 30 miles north of Dallas and is the county seat of Collin County. McKinney offers rolling hills, lush trees, a historic downtown square and unique neighborhoods and developments. The city ranks No. 2 on the Money Magazine Best Places to Live list for 2012. Visit the city’s website at mckinneytexas.org.