Community Development Corporation approves Craig Ranch Resort Hotel project

The McKinney City Council held a joint meeting with the McKinney Economic Development Corporation (EDC) and the McKinney Community Development Corporation (MCDC) on March 18, 2025. The meeting focused on key agenda items, including discussions on economic development and the approval of a significant project.

The session began with a motion to approve item 252556, which was seconded and subsequently passed, despite a council member expressing a dissenting vote. Following this, the council moved into executive session in accordance with Texas Government Code Section 551.071, which allows for consultations with an attorney regarding confidential matters. The executive session included deliberations concerning the Craig Ranch Resort Hotel project.

After the executive session concluded, the council reconvened and entertained a motion to approve the Craig Ranch Resort Hotel project. This motion was also seconded and passed unanimously, indicating strong support for the development.

The meeting concluded with motions to adjourn both the MCDC and EDC sessions, which were carried out smoothly. The council members expressed readiness to transition into a work session following the adjournment.

Overall, the meeting highlighted the council's commitment to advancing economic development initiatives in McKinney, particularly through the approval of the Craig Ranch Resort Hotel project. The next steps will likely involve further discussions and planning related to this development.