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1 McKinney at a Glance A monthly report prepared by the McKinney Planning Department City of McKinney Planning Department 221 N. Tennessee St. McKinney, TX 7569 Phone: Fax: Hours: 8 am - 5 pm Mon-Fri In this Edition Population Summary McKinney Population (19-) Year Population Year Population Year Population Year Population 19* 4, * 21, , 28 12, * 4, ,138 2* 54, ,83 192* 6, , ,438 21* 131, * 7, , , , * 8, , , , * 1, , , , * 13, , , ,82 197* 15, , , * 16, , ,198 p. 1-4 McKinney at a Glance - Population Summary - McKinney Unemployment - Building Permit Summary - Building Permit Comparison - Planning Submittal Summary - Engineering & Parks - Approved Single Family Lots - Filed Single Family Lots p. 5-8 New Business at a Glance - New Construction Summary - New Construction Map - New Business Qtrly Summary - New Business Monthly Summary McKinney Unemployment Rate 8.% 7.% 6.% 5.% 4.% 3.% 2.% 1.%.% Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec *Official Census figure p. 9-1 Vertical Mixed-Use at a Glance - Mixed-Use Qtrly Summary - Mixed-Use Monthly Summary p Major Projects at a Glance - Major Projects Map - Major Projects Descriptions Unemployment Rate published by the Texas Workforce Commission for April Building Permit Summary Unemployment Rates McKinney: 4.4% Collin County: 4.4% Texas: 5.2% Texas Unemployment Rate is seasonally adjusted Development Type This Month Construction Permits Dollars Year to Date Construction Permits Dollars Single Family 135 $45,366, $245,811,242 Multi-Family $ 1@164 $12,, Non-Residential 2 $13,25, 21 $41,559,188 Vertical Mixed-Use $ $ Note: Non-Residential permits include commercial, institutional, and recreational permits. For any questions or suggestions about this publication, please contact Jason Aprill, Planning Department at (972) or by at japrill@mckinneytexas.org 1
2 McKinney at a Glance Building Permit Comparison Non-Residential Permits Permits Valuation Permits Valuation Permits Valuation Permits Valuation Permits Valuation Q1 5 $8,7, 9 $5,85, 2 $255, 15 $14,771,4 12 $2,283, Q2 11 $92,565,2 9 $13,25,3 11 $9,639,388 7 $26,415, 9 $21,276,188 Q3 4 $2,544, 8 $18,342,36 16 $38,797, $24,117,5 Q4 6 $5,316,52 6 $16,92, 1 $24,771,75 13 $23,387,5 Total 26 $19,125,72 32 $54,317,66 39 $154,463,795 5 $88,691,4 21 $41,559,188 Vertical Mixed-Use Permits Permits Valuation Permits Valuation Permits Valuation Permits Valuation Permits Valuation $ 2@26 $7,, 2@211 $ $ $ $ $ $ 2@26 $7,, 2@211 $ Multi-Family Permits Permits Valuation Permits Valuation Permits Valuation Permits Valuation Permits Valuation $ 1@334 $ 1@164 $12,, $ $ $ 1@418 $28,859,713 $ 1@366 $24,, 1@334 $ $ 1@366 $24,, 2@668 $46,877,763 1@418 $28,859,713 1@164 $12,, Single Family Permits Permits Valuation Permits Valuation Permits Valuation Permits Valuation Permits Valuation Q1 318 $95,363, $9,446, $88,437, $141,467, $139,221,32 Q2 277 $88,11, $13,812, $15,586, $223,774, $16,589,94 Q3 252 $81,31, $16,568, $147,18,92 42 $142,829,655 Q4 25 $63,844, $83,743, $117,917, $121,164,524 Total 1,52 $328,611,467 1,154 $384,571,347 1,49 $53,96,461 1,862 $629,236, $245,811,242 Notes: Permit activity listed by calendar year. Non-residential permits only include new buildings and major additions and do not include minor additions or alterations. 2
3 McKinney at a Glance Planning Submittal Summary This Month Year to Date Approv ed Approv ed Case Type Submitted P&Z City Council Staff Review Only Submitted P&Z City Council Staff Review Only Pre-Dev elopment Meetings* 1 73 Zoning Site Plans Plats Other Totals * Pre-Development Meetings are not included in submittal totals. Planning Submittal Comparison Planning Submittals YTD (143) 213 TOTAL (256) TOTAL (226) Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Engineering & Parks Engineering & Parks Summary Development Type Engineering Dev elopment Plans Rev iewed Engineering CIP Payments Made Park CIP Payments Made This Month Year to Date
4 McKinney at a Glance Approved Single Family Lots Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec YTD , Approved Single Family Lots Comparison YTD (51) 213 TOTAL (1,96) 212 TOTAL (718) Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Filed Single Family Lots Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec YTD , Filed Single Family Lots Comparison YTD (64) 213 TOTAL (1,761) 212 TOTAL (942) Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 4
5 New Business at a Glance New Businesses in McKinney (as of May 31, ) New Construction Summary The new construction summary below reflects new development projects that have received an approved building permit by the City of McKinney. Type New Sq. Ft. Valuation 1. Encore W ire Plant Expansion Industrial 1311 Millwood Rd. 25,236 $13,, 5/22/ 2. W ilson Creek Office Building (A3) Office 5345 W University Dr. 5, $25, 5/2/ New Construction Totals 255,236 $13,25, New Construction Map Note: New development projects include non-residential, multi-family, and vertical mixed-use projects only. 5
6 New Business at a Glance New Businesses in McKinney (as of May 31, ) New Business Quarterly Summary (Quarter 2: April - June) Development Type April May June Office New Building Square Footage 5, Interior Finish-Out Square Footage 15,565 44,58 Construction Valuation $54, $4,413, Retail/Service New Building Square Footage 32,359 Interior Finish-Out Square Footage 16,97 19,75 Construction Valuation $5,376,188 $291, Restaurant New Building Square Footage 1,814 Interior Finish-Out Square Footage 4,481 Construction Valuation $5, $ Recreation New Building Square Footage Interior Finish-Out Square Footage 529 Construction Valuation $2, $ Industrial New Building Square Footage 7,2 25,236 Interior Finish-Out Square Footage 1,227 Construction Valuation $63, $13,, Institutional New Building Square Footage Interior Finish-Out Square Footage 5,3 Construction Valuation $226, $ Medical New Building Square Footage 1,825 Interior Finish-Out Square Footage 5,671 2,5 Construction Valuation $3,35, $25, Qtr 2 Totals (as of May 31) 5, 59,623 $4,953, 32,359 36,45 $5,667,188 1,814 4,481 $5, 529 $2, 257,436 1,227 $13,63, 5,3 $226, 1,825 8,171 $3,6, New Building Sq Ft Interior Finish Out Sq Ft Construction Valuation Summary Q1 (Jan - Mar ) 23, ,224 $39,166,769 Q2 (Apr - June ) 37, ,16 $28,569,188 Q3 (July - Sept ) $ Q4 (Oct - Dec ) $ Grand Total () 538, ,33 $67,735,957 6
7 New Business at a Glance New Businesses in McKinney (as of May 31, ) New Businesses The new businesses listed below reflect non-residential building permits that have been approved by the City of McKinney. These reflect construction projects that are being built in the City of McKinney. Existing businesses may be listed for additions and/or alterations. Office Sq. Ft. Sq. Ft. Valuation Rhema Counseling Associates Finish Out 342 Eldorado Pkwy. (Suite 4) 1, $3, 5/5/ Barclay's Technology Hub Finish Out 68 Weiskopf Av e. (Suite 3) 4,883 $4,, 5/2/ Wilson Creek Office Building (A3) Construction 5345 W Univ ersity Dr. 5, $25, 5/2/ Dav id Kesel, CPA Finish Out 4833 Medical Center Dr. (Unit 6A) 2,175 $133, 5/28/ TOTAL: 5, 44,58 $4,413, Retail/Service Sq. Ft. Sq. Ft. Valuation Play and Go Depot Finish Out 295 Craig Dr. (Suite 1) 7,5 $52, 5/12/ All About U Salon Finish Out 3751 S Stonebridge Dr. (Suite 2) 1, $2, 5/16/ Rack Room Shoes Renov ation 1751 N Central Expy. 6,53 $1,3 5/19/ Ace Cash Express Renov ation 31 S Central Expy. (Suite 31) 1,2 $31,2 5/19/ L & V Nails Spa Finish Out 5 N Custer Rd. (Suite 13) 1,5 $47,5 5/22/ Apollo Pharmacy Finish Out 4987 W Univ ersity Dr. (Suite 12) 1,822 $4, 5/27/ TOTAL: 19,75 $291, Restaurant TOTAL: Sq. Ft. Sq. Ft. Valuation $ Recreation TOTAL: Sq. Ft. Sq. Ft. Valuation $ 7
8 New Business at a Glance New Businesses in McKinney (as of May 31, ) New Businesses (cont.) Industrial Encore Wire Plant Expansion Sq. Ft. Sq. Ft. Valuation Addition 1311 Millwood Rd. 25,236 $13,, 5/22/ TOTAL: 25,236 $13,, Institutional TOTAL: Sq. Ft. Sq. Ft. Valuation $ Medical Sq. Ft. Sq. Ft. Valuation Dr. Do Dental Office Finish Out 5345 W Univ ersity Dr. (Suite 2) 2,5 $25, 5/2/ TOTAL: 2,5 $25, TOTAL NON-RESIDENTIAL: 255,236 65,633 $17,954, 8
9 Vertical Mixed-Use at a Glance Vertical Mixed-Use Projects in McKinney (as of May 31, ) Vertical Mixed-Use Quarterly Summary (Quarter 2: April June) Development Type April May June Qtr 2 Totals (as of May 31) Office New Building Square Footage Interior Finish-Out Square Footage Construction Valuation $ $ $ $ Retail/Service New Building Square Footage Interior Finish-Out Square Footage Construction Valuation $ $ $ $ Multi-Family New Building Square Footage Interior Finish-Out Square Footage Construction Valuation $ $ $ $ Other New Building Square Footage Interior Finish-Out Square Footage Construction Valuation $ $ $ $ New Building Sq Ft Interior Finish Out Sq Ft Construction Valuation Summary Q1 (Jan - Mar ) $ Q2 (Apr - June ) $ Q3 (July - Sept ) $ Q4 (Oct - Dec ) $ Grand Total () $ 9
10 Vertical Mixed-Use at a Glance Vertical Mixed-Use Projects in McKinney (as of May 31, ) New Vertical Mixed-Use Office New Building Sq. Ft. Finish Out Sq. Ft. Valuation Date Permit TOTAL: $ Retail/Service New Building Sq. Finish Out Ft. Sq. Ft. Valuation TOTAL: $ Date Permit Multi-Family New Building Sq. Finish Out Ft. Sq. Ft. Valuation TOTAL: $ Date Permit Other New Building Sq. Ft. Finish Out Sq. Ft. Valuation Date Permit TOTAL: $ TOTAL VERTICAL MIXED-USE $ Note: Existing businesses may be listed for additions and/or alteration permits. Construction valuation for vertical mixed-use developments does not include a breakdown by use type. 1
11 Major Projects at a Glance Major Projects Map 11
12 Major Projects at a Glance May Major Projects Descriptions 1 Encore Wire Plant Expansion 1311 Millwood Road Valuation: $13,, Permit Issuance: May 5 North Texas Athletics 6143 Alma Road Valuation: $1.2 million Permit Issuance: Feb 9 Sheraton Hotel & Event Center 19 Gateway Boulevard Valuation: $6.5 million (Phase 1 Only) Permit Issuance: Dec Scott Elementary (FISD) 155 Millbend Drive Valuation: $12.5 million Permit Issuance: May 213 Project numbers correspond to map legend on previous page McKinney Medical Center (Free Standing Emergency) 8995 W. University Drive Valuation: $3,, Permit Issuance: April Trader Joe s 2851 Craig Drive Valuation: $6, Permit Issuance: April Millennium of McKinney 6551 McKinney Ranch Parkway Valuation: $12 million Permit Issuance: March Plano Sports Authority 725 Eldorado Parkway Valuation: $9.7 million Permit Issuance: Feb Hampton Inn & Suites 28 N. Central Expressway Valuation: $3.5 million Permit Issuance: Jan Imagine International Academy of North Texas 286 Virginia Parkway Valuation: $2.9 million Permit Issuance: Jan Craig Ranch Apartments 615 Alma Road Valuation: $28.8 million Permit Issuance: July 213 McKinney Corporate Center 68 Weiskopf Avenue Valuation: $1 million Permit Issuance: July 213 Stonebridge Assisted Living 33 S. Stonebridge Drive Valuation: $9.5 million Permit Issuance: July Townplace Suites by Marriott 1832 Marketplace Drive Valuation: $3 million Permit Issuance: April 213 St. Paul Adriatica 47 Adriatic Parkway Valuation: $18.5 million Permit Issuance: Feb 213 Belterra Skilled Nursing 217 Lake Forest Drive Valuation: $6 million Permit Issuance: Feb
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec. Unemployment Rate published by the Texas Workforce Commission for September 2014
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