EDC says BRE program helped secure $541M in capital and 1,800 jobs

Economic development staff told the board that business retention and expansion (BRE) activities have produced substantial private investment and job growth in McKinney. Miranda Estrada, the EDC's economic development specialist, said EDC-funded projects have added "$541,000,000 in verified capital and infrastructure investment in our community" and "created 1,800 new jobs," and that the EDC's work has contributed to $1.3 billion in the city's commercial value increase over the last 10 years.

Estrada described program metrics and outreach: the council's FY26 goal was 80 BRE visits (20 to new companies), and staff reported 114 visits completed as of Aug. 31 with a year remaining; the EDC also launched a living local business resource guide and a classification system to better track outreach and strengthen CRM data going forward.