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CDC approves $4 million infrastructure grant for Cannon Beach mixed‑use entertainment project
Summary
The McKinney CDC approved a $4 million infrastructure grant to prepare land at SH 121 and Stacy Road for Cannon Beach, a mixed‑use entertainment and retail destination; board members described the project as a major economic draw and job creator.
The McKinney Community Development Corporation voted to approve a $4,000,000 project grant to fund infrastructure improvements on land at the northeast intersection of State Highway 121 and Stacy Road in preparation for Cannon Beach, a proposed mixed‑use entertainment and retail destination.
Board members described Cannon Beach as more than a surf-and-beach attraction, saying it will…
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