McKinney Economic Development Corporation celebrates 15 years

Press Release
For Immediate Release

For More Information, Please Call:
Anna Folmnsbee
Communications and Media Manager
afolmnsb@mckinneytexas.org
972-547-7525 / 469-667-7688
McKINNEY, Texas (Nov. 12, 2008) - McKinney Economic Development Corporation (MEDC) will celebrate 15 years of innovation and leadership on Thursday, Nov. 13, from 4 to 6 p.m. at McKinney Performing Arts Center (MPAC), 111 N. Tennessee in Historic Downtown McKinney. The purpose of the event is to honor the businesses that MEDC has assisted as well as past and current MEDC boards.

Some of the more notable developments that MEDC have assisted during the last 15 years include:

- Torchmark Headquarters move from Alabama
- The developments of the LEED-certified McKinney Green Building
- Healthcare projects like Methodist Hospital, Hospital at Craig Ranch, The Cooper Clinic, Erchonia Medical and Orthofix
- Relocation of EDS/Hewlett-Packard and Texas Instruments corporate flight departments
- Unique mixed-use projects like Adriatica and Times Square in Craig Ranch
- Expansions at Encore Wire, Raytheon and Manner Plastics
- Renovation and infrastructure in Historic Downtown McKinney
- Office projects like Summit Park and Heritage Park

“When the residents of McKinney voted to fund economic development efforts in 1993, community leaders took the responsibility very seriously,” said MEDC President/CEO David Pitstick. “These investments have paid off with new jobs and taxable value which also helps to fund the city’s public infrastructure and services.”

McKinney has been one of the fastest growing cities in the nation since 2000. In 2007, it ranked third behind New Orleans and Victorville, California. This year, McKinney ranked in the top 100 wealthiest cities in the nation by American Business Journals and was listed in Money Magazine’s top 15 “Best Places to Live”.

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