Dallas' Catalyst gets $21M for new luxury McKinney Urban Village project

One of North Texas’ community-oriented developers — Dallas-based Catalyst Urban Development — has secured nearly $21 million in construction financing for the initial phase of McKinney Urban Village.

The $30 million mixed-use and health science district in McKinney initially will feature a proposed 240-apartment luxury community adjacent to the Medical Center of McKinney near U.S. 75 and State Highway 121.

The community’s proposed amenities include a clubhouse, fitness center, dog park, resort-style…