The McKinney City Council has approved incentives for the development of a JW Marriott resort hotel at Craig Ranch, a master-planned community, where it’s slated to go up at the northeast corner of Collin McKinney Parkway and Van Tuyl Parkway.

Construction on the eight-acre project is set to begin December 2026.

The city of McKinney is giving an economic development grant to Craig Ranch Luxury Hotel SPE Owner LP for the project. Under the agreement, the developer will construct and operate a luxury JW Marriott resort hotel featuring 290 guest rooms, more than 51,000 square feet of high-end hotel conference space, and resort-style amenities.

These amenities include a pool with a lazy river, a full-service fitness center, a three-meal restaurant and specialty restaurant, a lounge with a terrace and poolside service, pickleball courts, structured and valet parking, and other conveniences such as a business center and a retail gift shop.

Visitors to the hotel will also have access to the TPC Craig Ranch golf course and Life Time Fitness and Spa.

The project will also include at least 45 for-sale condos, served by a dedicated amenity deck. Funding for the hotel and condos will come from grants and a loan including a $25 million grant and $10.25 million loan from the City of McKinney and a $2 million grant from the McKinney Economic Development Corporation, according to city council documents.

According to the Mayor of McKinney, the project reflects the city’s commitment to planned growth and economic development.

"With the airport's upcoming expansion into commercial service, our extended partnership with The CJ CUP Byron Nelson tournament, and major entertainment attractions like the VENU Sunset Amphitheater and Cannon Beach: Surf and Adventure Park, McKinney is quickly becoming a regional and national destination,” says McKinney Mayor George Fuller in a statement. “A luxury resort like JW Marriott is not just welcome, it's needed."

This development supports the city's continued efforts to promote tourism and attract premier hospitality experiences, and this upcoming $1.3 billion mixed use development is yet another example of how serious the city is about drawing in a new crowd.

The hotel is expected to be completed by April 2029.