McKinney

Report: ‘Rich Renter’ Households in DFW Up as Much as 198% in Five Years

by | Feb 3, 2023
RentCafe said that while the number of high-income renters in Dallas rose by 74% and sits at 6% of the city's total renters between 2015 and 2020—peaking at 17,257— he number of high-income renters rose even more dramatically in other North Texas cities. Garland saw a rise of 198%, McKinney 186%, Plano 103%, and Frisco 93%. High-income renters in Frisco may look into places like the luxury Remy apartments (above), coming to Frisco Square in 2024.
MORE
Frisco and McKinney Rank Among the Top 5 Cities in the U.S. to Rent New Apartments
by | Jan 20, 2023
The report by RentCafe—"Top 50 Cities for Finding New Apartments in 2023"—ranks Frisco and McKinney as the No. 4 and No. 5 cities in the U.S. for finding an apartment that only a limited number of people, or maybe even no people, have lived in before. Two other Dallas suburbs made the list as well: Richardson at No. 25 and Plano at No. 42.
MORE
Republic Property Group Proposes McKinney Development With 10K Homes, $2B in Taxable Value
by | Jan 9, 2023
Republic Property Group presented a proposal in December to the McKinney City Council for Honey Creek, a property west of Highway 75 and next to the future U.S. Route 380 bypass. Along with the proposed homes, the development would include commercial and office space.
MORE
Aiden Technologies Adds 5 to its Board of Advisers
by | Dec 9, 2022

McKinney-based Aiden Technologies has added five industry leaders to its board of advisers, bringing with them expertise in a variety of fields including finance, risk mitigation, insurance, legal, cybersecurity, data privacy, and management of high-growth companies.

Aiden is a provider of modern, intelligent software packaging and deployment for Microsoft Windows.

Aiden’s new board members include:

  • Adam Abresch, CIC, CLCS, CCIC, is the National Cyber Risk Practice Leader at Acrisure, one of the world’s largest insurance brokerages, and he is widely respected as an expert in cyber security and digital risk mitigation.
...
MORE

Raytheon Intelligence & Space Launches Paid Manufacturing Apprenticeship Program with the Department of Labor, Collin College

by | Nov 14, 2022
The average starting wage after completing an apprenticeship program is $72,000, according to the DOL.

Raytheon said its new Registered Apprenticeship Program—a first-of-its-kind in DFW—will help address a local skills gap and position North Texas as a manufacturing hub.
MORE
In-Seat Ordering App StadiumDrop Finds a Home in McKinney
by | Nov 2, 2022
Via the StadiumDrop App, fans order food and beverages straight from their seats. Runners then deliver food directly to them, ensuring they never miss a moment of the event they're attending. Venues and events using the app include AT&T Stadium, Concacaf, Oklahoma State University, Goodyear Cotton Bowl, the Dallas Cowboys, the University of Oklahoma, Nissan Stadium, and Wrestlemania.
MORE
Lithium Ion Battery Recycling Production Line Opens in McKinney, Aims to Bolster Texas Supply Chain
by | Oct 25, 2022
McKinney's Wistron GreenTech has partnered with New Jersey-based Princeton NuEnergy on a lithium-Ion battery direct recycling pilot production line, which officially opened in McKinney today. PNE founder Dr. Yan Chao calls it a "powerful next step" in a vision for covering a nationwide close-loop recycling supply chain for the batteries.

The line will use PNE's patented process to recycle everything from phone batteries to full EV battery packs.
MORE
McKinney’s SRS Distribution Partners With HOVER to Streamline Contractor Orders with 3D Digital Twins
With supply chain issues causing construction delays—and a renewed focus on reducing materials waste—ordering the correct amount of roofing and siding may be more important than ever for contractors. Today, HOVER and SRS announced a renewed partnership that enables contractors to use HOVER's app-powered digital twins to order SRS materials from right in the app. "The adoption of digital technology within the building industry is accelerating rapidly," notes SRS' Kent Gardner, who says the partnership "ensures added value in the digital space" for both companies' customers.
MORE

Eco-Conscious Plastics Firm Expands to McKinney, Will Invest $30M in New Facility

by | May 19, 2022
Petoskey Plastics recycles more than 16 tons of plastic annually into consumer and industrial products. The move will cut its delivery time in half for both raw material and finished goods, its CEO says.
MORE
A Laser Built in McKinney Can Destroy Drones, Mortar Rounds, and More
by | May 18, 2022
Raytheon's Intelligence & Space campus in McKinney is producing 50kW-class high energy laser systems that can blast enemy drones, mortar rounds, and other dangerous targets right out of the sky, before they can endanger U.S troops.

The directed energy weapon system was recently tested while mounted on a U.S. Army Stryker at the White Sands Missile Range in New Mexico. It successfully acquired, tracked, targeted, and defeated multiple targets.
MORE
After Opening a New Office in Miami Beach, CourMed is Bringing its Concierge Health Care Platform Home to North Texas
by | Feb 23, 2022
McKinney-based CourMed, a concierge health care services delivery company, has expanded with a regional office in Miami Beach and a growing presence in several Western states. “There's an opportunity for us to really create something new in the marketplace that doesn't exist,” its founder and CEO Derrick Miles tells Dallas Innovates. “This is a totally different type of care. We call it the antithesis of seven-minute medicine.”
MORE
relocation site selection
Follow the Money: MLTPLY Makes Second Investment Since Launching Last Year, RumbleOn Finalizes $130M Acquisition of Fort Worth Powersport Dealer, and More
by | Feb 23, 2022
What companies are finding funding or having a big exit? From startup investments to grants and acquisitions, Dallas Innovates tracks what’s happening in North Texas money.
MORE

AI Startup Aiotics Opens Its Headquarters With a Grant From the McKinney EDC

by | May 27, 2021
The young startup, which makes scalable artificial intelligence solutions, is using a grant from the McKinney Economic Development Corporation’s Innovation Fund to establish a headquarters in McKinney and drastically add to its team.
MORE
Rey Colon, founder and CEO MyTelemedicine.
Pandemic Pushes MyTelemedicine Into Fast‑Growth Mode
Rey Colón's virtual health tech platform has more than 3 million members nationwide, completing more than 250,000 remote consultations to date. The McKinney-based startup's latest offering? Telehealth for pets.
MORE
McKinney-Based Beauty Tech Startup ShearShare Closes $2.3 Million Seed Round
by | Nov 9, 2020
The announcement comes during a time of rapid financial growth for the company, as ShearShare reaches $3.4 million in overall funding.
MORE
AI Startup for the Land and Title Industry Expands Its Headquarters in McKinney
by | Oct 26, 2020
SaaS startup Alanna.ai, which uses artificial intelligence software to simplify land and title transactions, will use a grant from the McKinney Economic Development Corporation to add 3,000 square feet and 20 high-tech jobs at its headquarters.
MORE