McKinney Economic Development Corporation celebrates 15 years

by PegNews wire

MCKINNEY — McKinney Economic Development Corporation (MEDC) celebrated 15 years of innovation and leadership on Thursday, Nov. 13, honoring 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".

Source: City of McKinney