District 121, one of the most anticipated development projects in North Texas, should start opening restaurants and its unique amenities to residents by early next year.
The $250 million mixed-use development, located at the northeast corner of State Highway 121 and Alma Road in McKinney, is on track to open its first four restaurants by Spring 2023, according to Miles Prestemon, Chief Operating Officer at Craig International and President of its Development Division. In addition, Kaizen Development’s office building, which will include a 800-space parking garage, should be built and ready by October.
Craig International, managing partner of District 121 Retail, LLC, is developing the project.
“The reception from the community has been unbelievable,” Prestemon said. “We had no idea we’d have the restaurants lined up so quickly. And we have many more that want to come in. We have eight letters of intent from other businesses that want to come to District 121, we just don’t have the room for them. It’s a nice position to be in. It tells us that we’re on the right track.”
Prestemon said the city was ready for something like District 121.
“We knew there was demand for more nice restaurants in McKinney,” he said. “We wanted something a bit more high end, not just run-of-the-mill restaurants. We also knew that the city needed office space, so anchoring a 200,000 square foot office building in this development is something the city needed as well.”
