A Dallas developer wants McKinney to annex about 62 acres east of State Highway 5 and south of State Highway 121 for a light-industrial warehouse project, and the City Council will vote Monday on the agreement that would govern it.
The resolution on the Oct. 5 agenda authorizes the city manager to sign an annexation facilities and developer participation agreement with Provident Realty Acquisitions III LLC, which lists an address on North Central Expressway in Dallas. The 61.922 acres now sit in McKinney's extraterritorial jurisdiction and are not part of the city's annexation plan, according to the agreement.
Developer pays for roads and pipes
The draft makes clear the city has no roads, water lines or sewer lines in place to serve the land, no plans to build them and no money set aside for them. Provident would design and build those improvements itself if it wants to develop before public infrastructure arrives.
The document anticipates County Road 339 being built to the city's minor arterial standard and Fannin Road as a collector street. To make room for County Road 339, Provident would trade about 2.19 acres of its land for a city-owned tract of about 0.83 acres that its property surrounds.
Because County Road 339 continues into Melissa, McKinney would ask that city to amend its thoroughfare plan so the two segments line up, with Provident covering any right-of-way it needs there. McKinney also agrees to pursue a wholesale sewer agreement with Melissa for the development, but drops that obligation if Melissa declines the road change.
Water and sewer capacity is not guaranteed and depends on the city's contract with the North Texas Municipal Water District.
What could be built
Zoning would be a planned development allowing anything permitted by right in McKinney's I1 light-industrial district. Buildings could rise 45 feet, or up to 55 feet with deeper setbacks. Metal exterior walls would be allowed.
