McKINNEY
McKinneyOnline.com
B2B
2019 BUSINESS TO BUSINESS GUIDE
INVESTING IN THE FUTURE McKinney - the clear choice for commercial investment
SUCCESS FROM THE GROUND UP McKinney’s entrepreneurs drive economic vitality and community growth COMPLIMENTS OF THE MCKINNEY CHAMBER OF COMMERCE www.McKinneyOnline.com
McKinney B2B only 2019.indd 1
I
COMMUNITY & RELOCATION GUIDE
I 1 4/1/19 12:09 PM
TM
N
D
2 I
C O M M U N I T Y & R E L O C AT I O N G U I D E
Untitled-2 B2B McKinney 1 only 2019.indd 2
I
www.mckinneychamber.com
8/30/18 12:09 4/1/19 3:05 PM
Untitled-10
/18 3:05 PM
YOUR NORTH DALLAS BUSINESS CONNECTION IS EXPANDING!
McKINNEY AIR CENTER AT M c K I N N E Y N AT I O N A L A I R P O R T / T K I
New FBO, Executive Terminal and Transient Hangar Coming in 2019! STRATEGICALLY LOCATED ON THE FRINGE OF DALLAS/FORT WORTH CLASS B AIR SPACE ON-SITE U.S. CUSTOMS | AWARD-WINNING FULL-SERVICE FBO & TOWER DIRECT ACCESS TO CENTRAL EXPRESSWAY (U.S. 75) AND SAM RAYBURN TOLLWAY (S.H. 121) www.FlyTKI.com | 1-855-I-FLY-TKI www.McKinneyOnline.com
Untitled-10B2B McKinney 1 only 2019.indd 1
I
COMMUNITY & RELOCATION GUIDE
I 1
12/10/18 4/1/19 12:09 3:11 PM
MCKINNEY
B 2B B B2
2019 BUSINESS TO BUSINESS GUIDE
400 W Virginia St #100 McKinney, TX 75069 (972) 542-0163 www.mckinneychamber.com
Strategic Resource for Business
CONTENTS
The McKinney Chamber of Commerce is an advocate for the McKinney and North Texas region business community. The third largest chamber in the Metroplex, representing more than 40,000 employees from more than 1,370 business investors. Recognized by the U.S. Chamber of Commerce as a 5-Star Accredited Chamber for its sound policies, effective organizational procedures and positive impact on the community, puts the McKinney Chamber among the top 1% of chambers nationwide.
Using a Three Year Strategic Plan, McKinney Chamber focuses on three priority areas: Deliver Value to Members
4
BUSINESS STATISTICS & DFW METROPLEX MAP
• Access to circles of influence • Increased visibility for our members • 5-star best practices & resource access
6
COMMERCIAL REAL ESTATE
Advance Community Excellence
BUSINESS IN MCKINNEY BY THE NUMBERS INVESTING IN THE FUTURE
McKinney is open for business! Its land, location, people, infrastructure and quality of life make the city the clear choice for commercial investment.
10
16
Develop Organizational Sustainability
INDUSTRY OVERVIEW
• 5-Star governance • 5-Star team • 5-star facilities • 5-star delivery of programs, products and benefits
McKinney is exploding in population, in land and in opportunity. In fact, the city more than tripled in size from 2000–2018, growing from 54,369 to nearly 180,000 residents. McKinney was the ninth fastest-growing city nationally in 2016–2017 according to U.S. Census estimates.
For more detailed on our strategic plan, please visit www.mckinneychamber.com or call (972) 542-0163.
OPEN FOR BUSINESS
Photography by: Azure Photography
THE ROAD MOST TRAVELED
SUCCESS FROM THE GROUND UP
McKinney is pro-business. We believe entrepreneurship drives economic improvement and community growth. Here business owners can find an open field for success. The McKinney Chamber of Commerce, McKinney Economic Development Corporation (MEDC) and McKinney Community Development Corporation (MCDC) are ready to help.
2 I
• Information hub between business and community • A pro-business environment • A skilled workforce for employers
BUSINESS TO BUSINESS GUIDE
McKinney B2B only 2019.indd 2
I
CMP
Project Management By: CHAMBER MARKETING PARTNERS Ed Burzminski, President & CEO (800) 428-1798 x101 www.chambermarketingpartners.com
©2019 THE McKINNEY CHAMBER OF COMMERCE, all rights reserved. Reproduction in whole or in part without written permission from the publisher is prohibited. Information in this publication is gathered from various sources and every effort has been made to ensure its accuracy. The publisher assumes no responsibility for omissions, errors or misinformation. Please contact the publisher at the address above with any additions or corrections.
www.mckinneychamber.com
4/1/19 12:09 PM
COUNTERTOPS, MIRRORS, SHOWER DOORS
& MORE
We offer countertops, glass shower enclosures, custom framed mirrors, tile backsplash and more.
(972) 529-2140 | www.jubileecompany.com
Let’s Go Higher! Is your Financial Plan on target? Are your assets protected from market risk? Call us for a 2nd Opinion on your Investment Portfolio! We focus on your Future, so you can focus on your Now!
Sarah Marshall, President, CRPC 2150 S. Central Expy, STE 200 • McKinney, TX 75072 P: 469-219-3300 • F: 469-219-3303 Texanwealth.com • Sarah.marshall@texanwealth.com Securities and advisory services offered through LPL Financial, a Registered Investment Advisor, member FINRA/SIPC. www.McKinneyOnline.com
McKinney B2B only 2019.indd 3
I
BUSINESS TO BUSINESS GUIDE
I 3 4/1/19 12:09 PM
%
%
McKINNEY TEXAS BY THE NUMBERS
McKINNEY TEXAS BY THE NUMBERS OCCUPATIONS
2019 ESTIMATED EMPLOYED POPULATION (16+) 95,355 Architect/Engineer - 3,140 Arts/Entertainment/Sports - 1,838 Building Grounds Maintenance - 2,652 Business/Financial Operations - 7,047 Community/Social Services - 1,354 Computer/Mathematical - 4,804 Architect/Engineer - 3,140 Construction/Extraction - 2,671 Arts/Entertainment/Sports Education/Training/Library -- 1,838 6,799
3.29% 1.93% 2.78% 7.39% 1.42% 5.04% 3.29% 2.80% 1.93% 7.13%
OCCUPATIONS
Farming/Fishing/Forestry - 65 0.07% Food Prep/Serving - 4,516 4.74% Health Practitioner/Technician - 6,305 6.61% Healthcare Support - 1,462 1.53% Maintenance Repair - 2,241 2.35% Legal - 863 0.91% Farming/Fishing/Forestry - 65 0.07% Life/Physical/Social Science - 409 0.43% Food Prep/Serving - 4,516 4.74% Management - 14,673 15.39%
2019 ESTIMATED EMPLOYED POPULATION (16+) 95,355
Building Grounds Maintenance - 2,652 2.78% Health Practitioner/Technician - 6,305 TOP CONSUMER Business/Financial Operations - 7,047 10 7.39% Healthcare Support - 1,462 EXPENDITURES Community/Social Services - 1,354 1.42% Maintenance Repair - 2,241 AVERAGE DOLLARS Computer/Mathematical - 4,804 5.04% Legal - 863 Transportation $16,358 Entertainment Construction/Extraction - 2,671 2.80% Household Life/Physical/Social Science - 409 Shelter $11,262 Furnishings Food $7,963 Apparel and Services Education/Training/Library - 6,799 7.13% Management - 14,673 3.0% Utilities, fuels and Public Svcs Health Care
Office/Admin. Support - 10,944 Production - 2,383 Protective Services - 1,623 Sales/Related - 13,449 Personal Care/Service - 2,928 Transportation/Moving - 3,189
$4,724 $4,667
Household Operations Education
TOTAL
6.61% 1.53% 2.35% 0.91% $3,394 0.43% $2,282 $2,068 15.39% 1.9% $1,499 TOTAL $1,348
Office/Admin. Support - 10,944 11.48% Production - 2,383 2.50% Protective Services - 1,623 1.70% POPULATION Sales/Related - 13,449 14.10% 2019 Estimate 185,616 Personal Care/Service - 2,928 3.07% Growth 41.57% 3.0%2010-2019 1.9% 4.9% TOTAL TOTAL Transportation/Moving - 3,189 TOTAL 3.34% 2019 ESTIMATED POPULATION CLASSIFICATION (16+) 95,355
White Collar - 71,625 1.4% 11.5% 4.9% - 10,484 TOTAL BlueTOTAL Collar TOTAL Service and Farm - 13,246
TOTAL
1.9%
4.9%
TOTAL
TOTAL
11.5% TOTAL
1.4% TOTAL
TOTAL
APPERAL 1.9% AND TOTAL SERVICES
4.9% TOTAL
n Infants
Transportation$119.01 5.8% n Mens and Boys 1.4% 6.7% 11.5% Shelter TOTAL TOTAL TOTAL $464.48 22.5% Food n Women and Girls $753.54 36.4% 3.0% Utilities, fuelsnand Public Svcs TOTAL Other Apparel 3.3% 1.2% 2.2% Products and Services TOTAL TOTAL TOTAL Health Care $267.86 13.0%
$16,358 3.3% $11,262 TOTAL $7,963 1.9% $4,724 TOTAL 0.1% TOTAL $4,667
n Footwear 11.5% TOTAL $462.90 22.4%
1.4% TOTAL 4.9% 6.8%
0.1% TOTAL
3.0% TOTAL
1.9% TOTAL
6.8% TOTAL
TOTAL
1.4% 3.0% TOTAL 4.9% TOTAL
3.3% TOTAL 1.4%
2.2% TOTAL 6.7%
11.5% TOTAL 1.9%
TOTAL
%
%
6.8% TOTAL 16.3%
TOTAL
TOTAL
TOTAL
TOTAL
11.5%
0.1% TOTAL 2.2%
1.4% FOOD 11.5% DOLLARS AVERAGE TOTAL TOTAL
TOTAL
16.3% TOTAL 1.2% TOTAL
4 I
3.0% 16.3% TOTAL
1.9% 23.6% TOTAL
6.7% TOTAL
3.3% TOTAL
n Alcoholic 3.0% Beverages TOTAL $455.51 0.7% Entertainment
1.9%
n Food 1.2% 2.2%at home Household Furnishings $4,042.78 50.8% TOTAL TOTAL 11.5% Apparel n Food and awayServices TOTAL 3.0%home 1.9% from 4.9% TOTAL TOTAL Household Operations $3,919.73 49.2% TOTAL 16.3% 23.6% TOTAL TOTAL Education
0.1%
3.3% TOTAL $962.87 1.4% 11.5% 6.7% GIFTS TOTAL TOTAL
TOTAL
TOTAL
TOTAL
1.4% TOTAL 4.9% 3.0% TOTAL
TOTAL
6.8% TOTAL
2.2% TOTAL 6.7% 3.0% TOTAL
6.7% 3.3% TOTAL
2.2%
1.9%
4.9%
TOTAL
3.0%
TOTAL
6.7% TOTAL
75.11% 11.00% 13.89%
TOP 10 CONSUMER POPULATION AVERAGE CONSUMER EXPENDITURES EXPENDITURES 2019 Estimate 185,616 $2,067.78 $7,962.51 $2,281.50 $11,262.47 3.0%
3.0%
11.48% 2.50% 1.70% 14.10% 3.07% 3.34%
TOTAL
0.1% HOUSEHOLD 1.2% 2.2% TOTAL TOTAL TOTAL FURNISHINGS AND TOTAL 4.9% EQUIPMENT 1.4%
TOTAL
TOTAL 11.5%
TOTAL
6.7%
4.9% EDUCATION TOTAL 11.5%
TOTAL
3.3% TOTAL 1.4% TOTAL
$2,067.78 6.7% TOTAL
0.1% $3,393.89 APPERAL 1.9% 4.9% TOTAL AND TOTAL 3.3% 2.2% ENTERTAINMENT TOTAL TOTAL
SERVICES TOTAL
TOTAL
n Fees and Admissions n$719.02 Infants 21.2% 1.2%
6.8% $119.01 5.8% TOTAL n Pets, Toys, TOTAL 0.1%
16.3%
TOTAL Hobbies and TOTAL nPlayground Mens andEquip Boys TOTAL TOTAL $603.60 17.8% $464.48 22.5%
1.4%
6.7%
23.6%
TOTAL TOTAL 3.0%
2.2% TOTAL 6.7% TOTAL
16.3% 11.5% TOTAL 1.2% TOTAL TOTAL
23.6% TOTAL
3.3% TOTAL
0.1% TOTAL 3.3% 2.2% $4,667.42 1.2% TOTAL TOTAL
16.3% TOTAL 11.5% 1.2% TOTAL
$7,962.51 0.1% 16.3%
3.3% 23.6% TOTAL
TOTALCARE HEALTH
n Health Insurance $3,266.01 70.0% 6.8%
1.4% FOOD
6.7%
TOTAL n TOTAL Medical 23.6% Supplies TOTAL TOTAL $150.34 3.2%
TOTAL
TOTAL
n Alcoholic Beverages 3.0% TOTAL 6.8% $455.51 0.7% TOTAL
n Food 2.2%at home 1.2% $4,042.78 50.8%TOTAL TOTAL
TOTAL
3.3% TOTAL
TOTAL
1.9%
TOTAL 0.1% TOTAL
0.1% TOTAL
6.8%
4.9% TOTAL
SHELTER 23.6%
41.57%
n Other TOTAL Lodging $751.27 6.7%
TOTAL 2019 ESTIMATED POPULATION 3.0% 1.9% 4.9% n Owned TOTAL TOTAL Dwelling Costs TOTAL CLASSIFICATION (16+) 95,355 $7,042.21 62.5% TOTAL
6.7%Appliances n$2,068 Major White Collar - 71,625 3.3%TOTAL 1.2% 2.2% $354.95 15.6%
n Rent 1.4% 6.7% 75.11% $3,469.00 30.8% 11.5% 1.9% 4.9% TOTAL TOTAL 1.4% 6.7% 11.5% TOTAL TOTAL Collar 11.00% $1,499 TOTAL TOTAL TOTAL TOTAL BlueTOTAL TOTAL - 10,484 13.89% $1,348 Service and Farm - 13,246 $1,498.29 $16,357.76 1.2% TOTAL
HOUSEHOLD TOTAL 0.1% 16.3% 1.9% 4.9% OPERATIONS TOTAL TOTALTOTAL TOTAL
23.6% TOTAL 3.3% TOTAL
1.4% 6.7% 2.2% 3.3% 1.9% 4.9% 11.5% TOTAL TOTAL TOTAL AVERAGE CONSUMER EXPENDITURES TOTAL TOTAL $861.81 TOTAL TOTAL TOTAL $1,347.66 TOTAL
TOTAL
TOTAL
16.3% Growth 3.0%2010-2019 1.9% TOTAL
TOTAL n$3,394 Housewares TOTAL and Small Appliances 16.3% 23.6% $2,282 6.8% $116.25 5.1% TOTAL TOTAL
1.2%
23.6% TOTAL 1.4% 6.7% 6.8% PERSONAL CARE TOTAL TOTAL TOTAL
PRODUCTS AND SERVICES
3.0%
1.9%
$2,281.50
nTOTAL Hair Care TOTAL Products 1.2% 2.2% TOTAL TOTAL $73.58 8.5% HOUSEHOLD
2.2%
0.1% 1.2%
TOTALTOTAL TOTAL FURNISHINGS AND 4.9% EQUIPMENT $102.07 1.4%
11.5%
TOTAL 16.3% READING
23.6%
TOTAL TOTAL nTOTAL Housewares andTOTAL Small Appliances 16.3% 5.1% 23.6% 6.8% $116.25 TOTAL TOTAL
0.1% TOTAL
4.9% TOTAL
TRANSPORTATION
1.2% 2.2% and Other n Public TOTAL TOTAL Transportation $572.33 3.5%
1.2% TOTAL
n Vehicle Repair and16.3% Maintenance23.6% TOTAL TOTAL $1,075.40 6.6%
$11,262.47
$4,723.93 16.3% SHELTER 23.6% FUELS 6.8% UTILIITES, TOTAL TOTAL
6.7% TOTAL 3.0% TOTAL
TOTAL
TOTAL
PUBLIC nAND Other Lodging SERVICES $751.27 6.7%
1.9% 4.9% n Owned TOTAL Dwelling Costs TOTAL $7,042.21 62.5%
TOTAL 1.4% 6.7%Appliances n Major n Food away 11.5% Rent TOTAL TOTAL TOTAL 3.3% 1.2% n$3,469.00 2.2% 15.6% 3.0%home 1.9% 4.9% $354.95 from $753.54 36.4% TOTAL TOTAL TOTAL 1.4% 30.8% 6.7% 11.5% 3.0%I 1.9% 4.9% TOTAL TOTAL TOTAL TOTAL TOTAL I TOTAL $3,919.73 49.2% TOTAL TOTAL TOTAL Information provided by ©2017 Experian, Inc. All Rights Reserved, Alteryx, Inc. & The Retail Coach - www.theretailcoach.net n 2.2% Other Apparel 0.1% 16.3% 1.2% 23.6% 6.8%
n Visual TOTAL Equipment, Audio and and Services n6.8% Women Girls TOTAL $1,423.97 42.0%
BUSINESS C O M M U NTO ITY BUSINESS & R E L O GUIDE C A T I O N GwUw ID wE. m c k w i nw nw e y. m c hcakm i nbne er y . ccohm amber.com
3.3% 23.6% TOTAL TOTAL
Products TOTAL TOTAL and Services $267.86 13.0%
McKinney B2B only 2019.indd 4
TOTAL
TOTAL
TOTAL
3.3%
$962.87 TOTAL
TOTAL
2.2% TOTAL
$1,498.29 1.2% HOUSEHOLD 0.1%TOTAL
16.3%
$16,357.76
4/1/19 12:09 PM
23.6%
MCKINNEY
B 2B B B2
DFW METROPLEX
% % % % % %
% % % % 16 % % %
% % %
716
%
%
.9%
OTAL
%
% % OTAL %
%.7%
6
.2% r
OTAL
%
3.6%
%OTAL
7
%
.9%
OTAL
%
%.7%
OTAL
6
www.McKinneyOnline.com
McKinney B2B only 2019.indd 5
I
BUSINESS TO BUSINESS GUIDE
I 5 4/1/19 12:09 PM
MCKINNEY
B 2B B B2
COMMERCIAL REAL ESTATE
INVESTING IN THE
FUTURE
McKinney is open for business! Its land, location, people, infrastructure and quality of life make the city the clear choice for commercial investment. PRIME LOCATION
Central to booming Collin County, McKinney is adjacent to major highways with DFW Airport and Dallas Love Field just 30 minutes away. McKinney National Airport provides convenient access to corporate aircraft. Ripe for new
6 I
I
I
corporate centers, the city is only 66 percent built out with 67.6 square miles of available land for expansion.
A TALENTED WORKFORCE
McKinney offers employers a large and qualified talent pool, a great education system and a relatively low
cost of living. A county-wide labor force of 496,793 provides employers with a broad base for hiring. With a high school graduation rate of 92 percent and 45 percent of graduates achieving a bachelor’s degree or higher, McKinney provides a welleducated employee base. With home sale prices 15 percent lower than surrounding communities, it’s no surprise skilled manpower chooses McKinney. In 2017, WalletHub.com rated
I
C BUSINESS COOM MM MU UN NTO IITT Y Y BUSINESS A & NRDE LROEGUIDE C LA O TCIAOTNI OGw NUw IGD w UE.Im DcEk w i nw nw e y.wm cw hca.kmi ncbn ke eirny . cncoehm ya cmhbaemr .bceorm .com
McKinney B2B only 2019.indd 6
4/1/19 12:09 PM
Rated the fifth most successful city in America in 2016 by career website Zippa.com, McKinney has been recognized by both businesses and job seekers for its potential.
McKinney the second Best Real Estate Market in the country. A Collin County median household income of $86,200 (2016), $30,900 above the national median, underscores this ranking.
POISED FOR GROWTH
Rated the fifth most successful city in America in 2016 by career website Zippa.com, McKinney has been recognized by both businesses and job seekers for its potential. Business is booming. Companies large and small are moving to McKinney or expanding existing locations, bringing and creating jobs. From 2012 to 2017, jobs increased by 25.3 percent in Collin County from 350,497 to 439,063. This change outpaced the national growth rate of 7.9 percent by 17.4 percent. McKinney’s rapid business expansion benefits its residents on other levels, improving infrastructure, adding city services, and supporting schools. It’s through this economic direction that McKinney has become a North Texas success story. “It’s rare you find a city that is positioned as well as McKinney for growth and development,” says Peter Tokar, president and CEO, McKinney Economic Development Corporation (MEDC). “The combination of strong foresight by the MEDC board of directors and City leadership has created an incredible opportunity for both existing and future residents and businesses.” McKinney offers an exceptional business environment. The economy is diverse and offers a mix of industry, including – • Aviation • Data management • Defense • Distribution • Emerging technology • Manufacturing • Medical technology • Sustainability Programs at the state and local level are inherently pro-business. Economic development is a central component www.McKinneyOnline.com
McKinney B2B only 2019.indd 7
I
BUSINESS TO BUSINESS GUIDE
I 7 4/1/19 12:09 PM
MCKINNEY B 2 B COMMERCIAL REAL ESTATE
to the city’s strategic plan. The MEDC works to sustain economic vitality both through direct support of primary businesses and collaboration with business, industry and community partners.
MAKING THE MOVE TO MCKINNEY
Aimed at attracting corporate office tenants to McKinney, Craig Ranch is well on its way to achieving that goal. Independent Bank has broken ground on a new $52 million corporate headquarters at the McKinney Corporate Center. An innovative commercial development, the Center is a 137-acre office park created in 2012 through a public-private partnership between the City of McKinney and Craig Ranch. “Craig Ranch is a very attractive location because of its access to infrastructure and the first-class amenities a premier workforce desires,” says Peggy Smolen, senior vice president and marketing & communications director, Independent Bank. “The location offers easy access to the Metroplex and DFW Airport, supports recruiting and retention efforts that are essential to attracting and retaining employees, and offers a variety of outstanding housing and schooling options for families.” Based in McKinney for more than 20 years, Independent Bank Group has grown rapidly. Since going public in 2013, the company has acquired six
8 I
BUSINESS TO BUSINESS GUIDE
McKinney B2B only 2019.indd 8
I
financial institutions. The new headquarters will solidify the organization’s plans for growth. “The new corporate campus will position Independent Bank as a premier employer in North Texas, while providing the infrastructure for growth,” Smolen says. “Thanks to the support of the McKinney Corporate Center Craig Ranch, the City of McKinney and the McKinney Economic Development Corporation, Independent Bank is proud to deepen its roots and continue to make a positive impact on the communities it serves.” A partner in economic planning, MEDC encourages commercial development through a series of economic initiatives and collaborative agreements. “MEDC offered an incentive based on 221 retained jobs, as many as 200 new jobs, and for estimated capital expenditure of $52 million,” Smolen continues. “Independent Bank plans to bring up to 400 jobs to its new HQ in the next five years.” Craig Ranch was also a draw for Moss & Associates, LLC. The Florida-based company has plans to pursue opportunities in the multifamily, hospitality, office and mixed-use segments. “We have built in the DFW area since the early 2000s,” says Gerald Young, vice president, Moss & Associates. “We know the area. We’re expanding the Moss Commercial side into the DFW
market—huge potential growth. And here we have a much better probability of meeting new clients on the residential side.” When considering the relocation of its national platform from El Paso, the company looked at several North Dallas locations but settled on the Frisco–McKinney–Allen area. “We drew a circle in 5-mile increments from the Dallas Tollway and 121. We found Craig Ranch,” Young says. The company will bring 35 jobs during the next three years. Young credits MEDC with making the move seamless. “I reached out to MEDC, and they were very happy to talk with us,” says Young. “They were very friendly, very responsive. It was a smooth transition.” Another new resident to Craig Ranch is Service First Mortgage. In 2016, the full-service mortgage lending company agreed to lease approximately 25,000 square feet of office space in McKinney Corporate Center I. The move relocated the company’s headquarters from Richardson to McKinney. The prime location of Craig Ranch between the Dallas North Tollway and U.S. 75 north of the Sam Rayburn Tollway was key to a decision to move. Service First Mortgage expects to employ 128 jobs within three years. Lured away from Plano was Traxxas, a designer and manufacturer of radio-controlled hobby cars, boats and other vehicles. Announced in 2010, the company moved its corporate headquarters and research and development facilities to Craig Ranch. Traxxas spent three years looking for the right place to relocate its corporate headquarters. A combination of incentives by the City of McKinney, MEDC and Craig Ranch led to the company becoming the first corporate resident of the commercial development. McKinney is home to many creative and prosperous businesses moving the region forward as the place to be for economic growth. Diversified and strategic economic development planning has led to McKinney becoming a leader in the commercial real estate market.
www.mckinneychamber.com
4/1/19 12:09 PM
ALL SYSTEMS READY McKinney is a great place for a business venture. To streamline development processes within city offices and the community, McKinney has added a new, interactive software system. Titled EnerGov, the system was created by the Development Services Division which includes four departments: Building Inspections, Code Compliance, Engineering and Planning. EnerGov automates processes and procedures among these departments. City inspectors, code enforcement officers and other land use officials now have the ability to update and access data in the field. The customer-facing side of the system, called Citizen Self Service (CSS) portal, provides citizens with a location to research information about neighborhoods and commercial developments. Project managers, engineers, and investors can log in to view details of current projects. “Developers have remote access to timely information,” says Michael Quint, executive director, Development Services. “It’s a time savings. They have real-time status updates on projects,” McKinney residents also have access to information., Quint continues. “It allows them access to data they wouldn’t have otherwise. They can know what’s being built behind their house.” With access to the CSS portal, residents and developers can create a new account, apply for permits, make payments online, request building inspections, create new development cases and view real-time data. A snapshot portal offers a quick view of development metrics. “Each month we take a snapshot of metrics,” says Quint. “We put it out there to the public. The data is interactive. A person can find out the number of permits in a certain area, or the average square foot of homes under construction in the area.” The software system is updated on a regular basis to provide the most convenient, accurate and timely information for users. “We’ll continuously make the software better. We’re excited about what the future holds,” says Quint.
www.McKinneyOnline.com
McKinney B2B only 2019.indd 9
I
BUSINESS TO BUSINESS GUIDE
I 9 4/1/19 12:09 PM
MCKINNEY
B 2B B B2
INDUSTRY OVERVIEW
THE ROAD
MOST TRAVELED McKinney is exploding in population, in land and in opportunity. In fact, the city more than tripled in size from 2000–2018, growing from 54,369 to nearly 180,000 residents. McKinney was the ninth fastest-growing city nationally in 2016–2017 according to U.S. Census estimates.
O
ur boundaries are growing, too. McKinney’s city limits grew by approximately 400 acres in 2016 as part of a single annexation, the Trinity Falls Municipal Utility District. In addition, the population of Collin County is expected to grow to between 2.5 to 3.4 million over the next 40 years. In response to this unprecedented growth, business and residential developments have expanded at a rapid pace. City government has offered a welcoming atmosphere for new and existing businesses. As a result, big companies have infused the area with thousands of jobs in fields such as technology, construction, manufacturing, healthcare and aviation.
10 I
I
Companies making McKinney their home include PACCAR, TYG Products LP, Hisun Motors, Independent Bank, TRAXXAS, Moss Construction and Service First Mortgage. Another thriving industry in McKinney is healthcare. Two of the largest private employers are Baylor Scott & White Medical Center McKinney and Medical City McKinney. Driving economic and employment growth in southwestern McKinney is Craig Ranch. The 2,200-acre, mixed-use development encompasses Custer Road to Stacy Road and north to Silverado Trail. Although 4,000 workers are currently employed within its boundaries, that number is expected
to increase to 20,000+ as commercial space expands. The McKinney Corporate Center at Craig Ranch will be home to many of these employees. This population expansion and commercial growth have driven the need for enhanced infrastructure. To support that progress and maintain the area’s economic advantage, McKinney and its local partners are working to provide a sufficient transportation framework to meet commuter demand to and from Collin County.
MCKINNEY NATIONAL AIRPORT
A vital asset to McKinney and its corporate partners is McKinney National Airport. Owned by the City since 1979, the airport services an average 362 takeoffs and landings each day. In 2013, the City purchased the airport’s hangars and fixed base operator (FBO) McKinney Air Center, the revenue generating part
I
BUSINESS C O M M U NTO ITY BUSINESS & R E L O GUIDE C A T I O N GwUw ID wE. m c k w i nw nw e y. m c hcakm i nbne er y . ccohm amber.com
McKinney B2B only 2019.indd 10
4/1/19 12:09 PM
Owned by the city since 1979, the airport services an average 362 takeoffs and landings each day.
RELOCATION BUSINESS GUIDE GUIDE II 11 11 I COMMUNITY I BUSINESS&TO
w ww ww .M wc. K MicnKnienynOe n y lOi n el i. nc eo .m com
McKinney B2B only 2019.indd 11
4/1/19 12:09 PM
MCKINNEY B 2 B INDUSTRY OVERVIEW “The location of the airport is attractive,” Carley says. “Everything is growing toward us. People are calling us daily for hangars.” In March 2018, the City of McKinney broke ground on a new cutting-edge McKinney Air Center. First on the construction schedule is a 39,900-square-foot transient hangar. The second phase consists of a state-ofthe art, 17,000-square-foot executive terminal. The FBO provides fuel and world-class services to the growing aviation community. “We’re outgrowing the terminal we have now,” Carley says. “It’s an upgrade in our facilities.” Also in 2018, McKinney National Airport acquired a 190-acre tract of land on its southeast side. Plans allow for purchase of additional acreage in the future as the airport grows. The acquisition is part of a long-term Airport Master Plan. “All the development has been on the west side,” he continued. “There are no facilities on the east side. There’s potential for maintenance operations, manufacturing operations and hangars.”
“The location of the airport is attractive. Everything is growing toward us. People are calling us daily for hangars.”
of the airport. A one-stop shop for aviators and passengers, the FBO provides fuel and aircraft storage, tie-down, parking and rental. With an influx of companies expanding into McKinney, air traffic has increased dramatically bringing with it the need for additional facilities and amenities. From fiscal 2016–2017, the airport has seen more than an 11 percent increase in operations. “It’s growing across the board. It’s growing in corporate traffic. It’s tran-
12 I
BUSINESS TO BUSINESS GUIDE
McKinney B2B only 2019.indd 12
I
sient traffic, flight instruction and training, and jet sales growth,” says Kenneth Carley, airport director. Hangar space is in demand with all currently leased. Key leaseholders are Toyota North America and Texas Instruments. A suite of itinerant users also takes advantage of McKinney National Airport. Among these are YUM! Brands, State Farm Insurance, Target, Walmart, Sherwin Williams, Raytheon, STIHL and the United States Army.
A 2016–2017 Master Plan Update lays the groundwork for future airport expansion and development and covers a 20-year timeframe. “It’s looking at growth and will remain flexible,” Carley says. “It will provide for infrastructure to all future facilities for growth.” Short term plans call for the new FBO with additional ramp space, a new or relocated taxiway, pavement maintenance and drainage improvement. Long term improvements may include a second runway, enhanced aviation lighting, additional hangars and expansion of the fuel farm.
www.mckinneychamber.com
4/1/19 12:09 PM
W
HONEST-1 AUTO CARE
ith Honest-1 Auto Care on your side, you can feel confident your vehicle will be well maintained at a fair price.
Integrity At Honest-1 McKinney, we make sure you approve the cost of your maintenance or repairs before we begin the work. We provide each customer with a comprehensive visual inspection (CVI) report so you know which recommendations are urgent, and which items can be safely deferred until later. This digital CVI can be forwarded, if desired, so you can consult with others before making your decision.
Eco-Friendly We are the only auto care center in McKinney that has achieved the Environmentally Sustainable Actions (ESA) designation. And, we offer Eco-Power / Performance Plus motor oil (the standard for the entire US Military) to help preserve our environment.
Customer Experience If you decide to wait while your vehicle is serviced, we offer a spacious / comfortable lobby, free WIFI, children’s play area, complimentary snacks / drinks and an immaculate restroom with baby changing station. If you can’t wait, we provide free shuttle service in McKinney.
2771 Virginia Parkway McKinney, TX 75071
469.535.6868 honest1mckinney.com
Building on our legacy of craftsmanship while creating unparalleled value and exceptional experiences for our hospitality, healthcare, higher education, community and corporate partners.
Learn how we can help you build your future!
www.mcgough.com
www.McKinneyOnline.com
McKinney B2B only 2019.indd 13
I
BUSINESS TO BUSINESS GUIDE
I 13 4/1/19 12:09 PM
MCKINNEY B 2 B INDUSTRY OVERVIEW HIGHWAYS AND ROADS
As the population in Collin County increases, so does traffic on roads through and around McKinney. The Texas Department of Transportation (TxDot), together with the City of McKinney, is taking steps to improve existing roads and plan for new ones. “We are currently conducting a comprehensive feasibility study on the potential of a larger east-west corridor,” says a TxDOT spokesperson. “It would increase capacity on US 380 through all of Collin County, where the population is expected to grow 166 percent before 2040, according to the state demographer. “In addition to the feasibility study, we currently have a $58 million project to widen US 380 to six lanes at the intersection of the North Dallas Tollway. It is a 2.5-mile project that should be mostly complete in 2019.” Smaller thoroughfares and feeder roads are also being examined to keep up with future commuter demand. Beginning in September 2017, additional monies were dedicated to the State Highway Fund for road expansion and improvement.
14 I
BUSINESS TO BUSINESS GUIDE
McKinney B2B only 2019.indd 14
I
“We have several projects in Collin County that are in planning and funded with some of these funds,” the TxDot spokesperson says. McKinney area routes to receive attention include FM 2478, US 75 and SH 5. Construction bidding is set to open beginning in 2020. However, a local near-term project is close to completion. “Along with the current improvements to US 380 and the feasibility study, TxDOT has several other big projects near McKinney that will improve travel,” the TxDOT spokesperson continued. “We are nearing the final stages of a $37 million overhaul of the US 75 interchange at President George Bush Turnpike (PGBT). The project will reconfigure the ramps and merges at US 75 and the PGBT, one of DFW’s busiest interchanges. The work includes extending the railroad bridge just north of PGBT, constructing new auxiliary lanes and rebuilding the Plano Parkway bridge spanning US 75.” The project is expected to be completed in early 2019 and will sig-
“We know Collin County is growing rapidly, and an efficient and safe transportation system will be vital...” nificantly improve commute times for people living or working in McKinney. These strategic initiatives and road improvements will serve as a catalyst for economic development in McKinney and Collin County. “We know Collin County is growing rapidly, and an efficient and safe transportation system will be vital to making sure the economy continues to grow along with the population,” the TxDot spokesperson says. McKinney’s rapid business expansion and population growth benefit its residents on multiple levels, bringing jobs, improving infrastructure, adding city services, and supporting schools. It’s through this economic direction that McKinney has become a North Texas success story.
www.mckinneychamber.com
4/1/19 12:09 PM
READY FOR TAKEOFF McKinney National Airport is primed for the future. Since December 2017, the facility has opened a new hangar, purchased 190 acres of land and broken ground on a new terminal and hangar. Airport Director Kenneth Carley knows this is just the beginning. “My mission is to let it grow so it can best serve the community,” says Carley. Tasked with directing and implementing the development of the airport, Carley also is responsible for managing airport operations and the fixed base operation (FBO). “My first priority is safety of operations— then following through on being financially self-sufficient and making the best decisions on use,” Carley says. The airport is well on its way. As a result of the airport’s profitability, it is decreasing the amount of money it receives from the city. Although the airport will receive $200,000 in fiscal 2018–2019, it is expected to receive no funding in fiscal 2019–2020. “The revenue streams are increasing,” Carley says. “We’re leasing more space. We’re operating at maximum. Our revenues are increasing from fuel sales.” Drawn by the airport’s potential, Carley became airport director in January 2018. The growth of North Texas and the commitment of city officials to airport development were key factors in his decision to relocate to McKinney. “When I looked at the area, the growth trajectory of the airport, the opportunity to work in that environment, I was interested,” Carley continues. “I understood the City’s commitment to developing the airport. They realized the return on the investment.” The choice was the right one. June 2018 brought all-time high operations and fuel sales. “I love it here,” says Carley. “It’s a great airport and we have an incredible staff.”
www.McKinneyOnline.com
McKinney B2B only 2019.indd 15
I
BUSINESS TO BUSINESS GUIDE
I 15 4/1/19 12:09 PM
MCKINNEY
B2B
OPEN FOR BUSINESS
SUCCESS FROM THE
GROUND UP McKinney is pro-business. We believe entrepreneurship drives economic improvement and community growth. Here business owners can find an open field for success. The McKinney Chamber of Commerce, McKinney Economic Development Corporation (MEDC) and McKinney Community Development Corporation (MCDC) are ready to help.
I
n addition, a host of entrepreneurial programming, education, consulting and funding resources are available to foster success. Whether a company is a startup or on the way to expansion, it will find knowledge and support for future growth.
16 I
I
COLLIN COLLEGE
First-time business owners can turn to Collin College to learn the basics of starting a company. The school offers a variety of courses designed to give students key commercial and financial skills. Other class subjects cover branding and logo development, bookkeeping, marketing,
website development, email marketing and search engine optimization for marketing. Core courses include • How to Start and Operate a Small Business • How to Develop a Business Plan • Accounting & Record Keeping in a Small Business • How to Promote and Market Your Business
COLLIN SMALL BUSINESS DEVELOPMENT CENTER
Aspiring and current small business owners will find a variety of free business consulting and low-cost training services at the Collin Small
I
BUSINESS C O M M U NTO ITY BUSINESS & R E L O GUIDE C A T I O N GwUw ID wE. m c k w i nw nw e y. m c hcakm i nbne er y . ccohm amber.com
McKinney B2B only 2019.indd 16
4/1/19 12:09 PM
Whether a company is a startup or on the way to expansion, it will find knowledge and support for future growth.
RELOCATION BUSINESS GUIDE GUIDE II 17 17 I COMMUNITY I BUSINESS&TO
w ww ww .M wc. K MicnKnienynOe n y lOi n el i. nc eo .m com
McKinney B2B only 2019.indd 17
4/1/19 12:09 PM
MCKINNEY B 2 B OPEN FOR BUSINESS
Business Development Center. These courses offer guidance on both starting a new business and growing an established venture.
discuss business challenges and opportunities and provide general business advice.
Dedicated to helping emerging ventures succeed, SCORE is a small business resource for mentoring, workshops and business tools.
Key topics include – • Small business funding • SWOT analysis • Business plan development • Accounting and tax issues • Market and industry research • Business legal structure • Franchising • Buying/selling a business • Business expansion • Hiring employees
SCORE
Dedicated to helping emerging ventures succeed, SCORE is a small business resource for mentoring, workshops and business tools. The organization provides free and confidential advice through a network of volunteer business gurus. These professionals meet one-on-one with entrepreneurs at the McKinney Chamber of Commerce to
18 I
BUSINESS TO BUSINESS GUIDE
McKinney B2B only 2019.indd 18
I
Workshop subjects include – • How to identify target markets • How to choose sales and marketing channels • Strategies for forecasting sales revenue • Procedures for building financial projections • Ways to finance a business • Tactics for managing business operations
WORKFORCE SOLUTIONS, NORTH CENTRAL TEXAS
Business owners interested in hiring and developing qualified employees can turn to Workforce Solutions North Central Texas. The private agency is a resource for employers to access quality employees and to train individuals to be successfully employed. Programs address business objectives including job training, workplace learning and educational initiatives. Targeted industries and career paths include –
• Energy • Healthcare • Digital Technology • Financial Services • Agribusiness • Advanced Manufacturing • Distribution & Warehousing • Corporate Headquarters Occupations
www.mckinneychamber.com
4/1/19 12:09 PM
Robert Neal, M.D. Daniel Vernier, M.D. Rita Joe-Yu, M.D. Elizabeth Lessner, M.D. Kim Andrews, RN, CPNP
- Accepting New Patients Newborn to 18 years • Same Day Appointments Well Exams/Physical • ADD/ADHD Checks 1872 N. Lake Forest Dr., McKinney, TX 75071 Phone: (972)548-0758 Fax: (972)548-0425 www.mckinneypediatrics.com
We have over 500 years of combined banking experience in this market. 500-plus years, with one objective in mind — to be trusted mentors who help our customers Spend Life Wisely. We create phenomenal customer experiences that not only help you achieve your business goals, but ensure that the financial well-being of your organization goes well beyond your bottom line. Because stronger businesses make stronger communities. And when that happens, we can all Spend Life Wisely.
Learn more at SpendLifeWisely.com
Bank with a team that knows DFW, and knows how to help you Spend Life Wisely. BANKING Member FDIC.
Equal Housing Lender.
•
MORTGAGE
McKinney - Redbud McKinney - Craig Ranch 1700 Redbud Blvd., Ste. 130 6401 S. Custer Rd. McKinney, TX McKinney, TX 972-548-3010 972-569-8301
INSURANCE
•
INVESTMENTS Not FDIC Insured. No Bank Guarantee. May Lose Value.
www.McKinneyOnline.com
McKinney B2B only 2019.indd 19
I
BUSINESS TO BUSINESS GUIDE
I 19 4/1/19 12:10 PM
MCKINNEY B 2 B OPEN FOR BUSINESS
TEXAS SECRETARY OF STATE
A variety of general information for business owners is offered by the Texas Secretary of State. Free guides for every stage of a business are available through a series of links to online business resources. In addition, policies and parameters for new business owners are listed. Business startup information includes –
• Guidelines for selecting a business structure • Employer and tax information • Information for veteran-owned businesses • Procedures for registering trademarks, patents and copyrights • Entity name filing requirements • Business and non-profit forms • Historically Underutilized Business (HUB) information
Quality
★ Permanent
it’s not only our name, it’s our one word mission statement!
★ Temporary ★ Temp to
Hire
www.qpjobs.com
CALL US AT
(972) JOB-1234 TODAY!
2730 Virginia Pkwy. #100 ★ McKinney, TX 75071
Real Estate the Right Way
214-542-2420 972-358-1326 www.thebrooksteamtexas.com 20 I
BUSINESS TO BUSINESS GUIDE
McKinney B2B only 2019.indd 20
I
MINORITY AND WOMENOWNED BUSINESS RESOURCES
Several organizations offer the opportunity for certification as a minority- or women-owned business. • Texas Comptroller of Public Accounts Application can be made here for a State of Texas Historically Underutilized Business (HUB) certification. • DFW Minority Supplier Deve lopment Council (MSDC): The local chapter of this national organization certifies business owners who are Asian, Black, Hispanic and Native American. • Women’s Business Council, South west (WBC) The WBC processes certification applications and provides local support for women-owned business growth by fostering procurement opportunities. McKinney’s thriving entrepreneurial spirit empowers new businesses to make things happen. Resources are available here for entrepreneurs to learn the basics of leadership and sound business practices.
www.mckinneychamber.com
4/1/19 12:10 PM
S o cc e r S e aSo n r eg iStr ati o n D ateS Fall Season - May thru July with games starting in late August Spring Season – Nov. thru Jan. with games starting in late Feb. Youth Ages 3-19 & Adult Coed Leagues
For more information visit our website: www.mckinneysoccer.org
MSa o ffi c e L o c ati o n
1650 W Virginia Street, Suite 110 McKinney, TX 75069 Phone: (972) 569-6808
SOCCER
LEADERSHIP, SPORTSMANSHIP & FELLOWSHIP
o ffi c e H o u rS Monday - Friday 9AM - 5PM
future
Graphic Designer
future
Engineer
future
Welder
Find Your Future at
More than 100 academic & workforce degrees and certificates • Lowest tuition in the state
Explore the possibilities at collin.edu
McKinney B2B only 2019.indd 3
4/1/19 12:10 PM
McKINNEY, TEXAS
The Best Place to Live, Work, Play Connecting your business to the world. •
McKinney is only 69% built out within the current city limits and ETJ
•
Approximately 30 minutes to DFW International Airport & Dallas Love Field Airport
•
McKinney National Airport, an easy fly-in-and-out corporate airport, is conveniently located 32 miles to downtown Dallas
•
Competitive incentives and easy to work with development services
•
A nationally acclaimed quality of life, with home sale prices 15% lower than surrounding communities
Onsite U.S. Customs
McKINNEY ECONOMIC DEVELOPMENT CORPORATION McKINNEYEDC.COM • INFO@McKINNEYEDC.COM • 972-547-7651
4 I
C O M M U N I T Y & R E L O C AT I O N G U I D E
Untitled-18B2B McKinney 1 only 2019.indd 4
I
www.mckinneychamber.com
10/1/18 4/1/19 12:10 11:25 PM AM