Development
BY COLBY FARR
Cannon Beach surf resort developer breaks ground in McKinney
What you need to know
The project, announced in 2024, is being developed by the Cannon Development Group and within the 35-acre resort will include the resort hotel, a 3-acre surf lagoon, lazy river and a mineral hot springs circuit, according to the news release. Plans also include a skate park, movie theater, bowling alley, health club and other indoor recreation facilities.
2027, according to a news release. Developer Cole Cannon said of icials were “fully committed” to building an environment where families and community members can spend quality time together. Cannon said developers were building a “reservoir where memories are being deposited every day.” “Think about these memories that are going to be born and bred here in McKinney,” Cannon said.
Work is starting on a new mixed-use project in McKinney that is guaranteed to make waves. City and development of icials broke ground Dec. 15 on a $200 million, 35-acre surf resort located at the corner of Stacy Road and SH 121. The development, called Cannon Beach, is expected to bring a full-service resort hotel with event space, a surf lagoon and a mix of dining, entertainment and business spaces. Its irst phase is projected to open in mid-
Projected impact
+$2 billion in economic impact
700 jobs
400,000 visitors annually
SOURCE: CANNON BEACH COMMUNITY IMPACT
More information
The project developer is partnering with the city of McKinney, and the city’s Economic Development Corp. and Community Development Corp. Brian Loughmiller, MEDC board chair, said MEDC purchased the land years ago to determine what would ultimately be built on the property. “Cannon Beach is the kind of project that changes how a city is perceived,” Loughmiller said. “It strengthens the corridor, it drives tourism, it creates momentum that extends well beyond this site.”
COLLIN MCKINNEY PKWY.
LAKE FOREST DR.
121
STACY RD.
N
The 35-acre Cannon Beach project will include a 3-acre surf lagoon with a beach. (Rendering courtesy Cannon Beach)
WANT TO START YOUR OWN BUSINESS? We make the first step easy! Let us guide you to the franchise that suits you, so you can become your own boss and chart your destiny. Our experience helps you swiftly attain success.
Memberships are limited. Call for your free initial consultation
Your future starts here 866-504-3421 | dion@franchisesells.com. Explore franchisesells.com to find your business partner today.
24/7 access to your doctor • Membership-style concierge primary care We accept insurance • Board-certified Internal Medicine Physician
(469) 425-2659 | northtexasconciergemedicine.com | 1400 N. Coit Rd. STE.1401 McKinney
15
MCKINNEY EDITION
Powered by FlippingBook