McKinney Adds 13,000 Residents, Sees $1.3 Billion in New Construction

McKinney's growth engine ran at full speed through 2024, with the Collin County seat adding more than 13,000 residents while city officials processed nearly 2,400 building permits covering residential and nonresidential projects worth a combined $1.3 billion in construction value.

The permit total captured a broad cross-section of development activity. On the residential side, master-planned communities drove the bulk of permit volume, with Painted Tree and Trinity Falls ranking as the top two neighborhoods by permits issued, according to city of McKinney data. Industrial development also carried significant weight: three industrial projects landed in the top five by construction value, underscoring that McKinney's building boom extended well beyond single-family subdivisions.

Residential construction value alone neared $1 billion, reflecting the scale of homebuilding concentrated in communities like Painted Tree, which has become one of North Texas's most closely watched master-planned projects. The gap between the residential-only figure and the $1.3 billion total points to the nonresidential investment layered on top, from industrial facilities to commercial development spreading across the city.

The Dallas Business Journal has separately reported on what $1.7 billion in building permits means for McKinney, a figure that may reflect a different scope or time period than the city's 2024 permit data.

McKinney's population surge of more than 13,000 residents in a single year places it among the fastest-growing cities in Collin County, a region that has sustained some of the highest growth rates in the country for more than a decade. The combination of large-lot master-planned communities with walkable amenities and proximity to major employers along the US-75 and Dallas North Tollway corridors has made McKinney a consistent draw for relocating families and corporate tenants alike.