VENU completes $60 million sale-leaseback for McKinney amphitheater land
The developer says proceeds will repay short-term financing and help finish construction. Its opening target remains early 2027.
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The developer says proceeds will repay short-term financing and help finish construction. Its opening target remains early 2027.
McKinney residents face a muggy afternoon with a feels-like temperature of 98F. A slight chance of storms exists today, but conditions improve significantly tomorrow with sunny skies and lower humidity.
McKinney's council and its two development corporations on Monday let VENU sell the Sunset Amphitheater land to STORE Capital and lease it back; the city says no new public money is involved.