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MEDC’s Innovation Fund bringing South Korea-based Edenlux to McKinney

A South Korea-based health technology company focused on eye wellness is coming to McKinney.

The overview: The McKinney Economic Development Corp. announced that Edenlux is expanding its U.S. presence to McKinney through MEDC’s Innovation Fund. Through the fund, Edenlux will establish its U.S. operations in McKinney and work with local partners, health care stakeholders and innovation organizations.

Edenlux is a digital health care company that specializes in artificial intelligence-powered vision wellness solutions. Its flagship product, called Otus, is a smart device that automates and customizes vision therapy for clinics, and helps eye care professionals deliver “consistent and effective training programs,” the news release states.

Quote of note: In a statement, MEDC President and CEO Michael Kowski said Edenlux is the “type of founder-led, mission-driven company” that the Innovation Fund was created to support.

“Their technology addresses a growing global challenge while bringing advanced innovation, clinical insight, and global perspective to McKinney,” Kowski said. “We are excited to support their entry into the U.S. market and their long-term growth in our community.”

 
Coming Soon
Harmony Salon Suites coming soon to McKinney

Harmony Salon Suites is coming soon to McKinney, according to a company representative.

A closer look: The business will provide salon spaces for rent that come with amenities like on-site laundry and complimentary Wi-Fi, per the company's website.

  • 230 Hardin Blvd., Ste. 300, McKinney

 
In Your Community
Destiny Studio offers music lessons in McKinney

Destiny Studio debuted a McKinney location in November, a company representative said.

The details: The music studio offers instruction in voice, piano, guitar, ukulele, drums, early childhood music education and more.

  • 6541 Collin McKinney Parkway, Ste. 100, McKinney

 
Permit Preview Wednesday
JPS outpatient building, AC Hotel by Marriott: See 5 of the latest permits filed in the DFW area

A new John Peter Smith medical outpatient facility could be constructed in Fort Worth, among other projects recently filed with the Texas Department of Licensing and Regulation in the Dallas-Fort Worth area.

Here are five of the most expensive permits filed with TDLR in the past week.

1. JPS medical outpatient building
The public, Fort Worth-based JPS Health Network filed a permit to add outpatient services to a new 10-story, 300,000-square-foot medical outpatient building, according to the TDLR filing. The new facility will offer laboratory and imaging services and is scheduled to open in 2029, according to the health system.

  • Location: 1300 S. Main St., Fort Worth
  • Estimated timeline: Jan. 9, 2026-July 29, 2029
  • Estimated cost: $250 million

2. Schimelpfenig Middle School mechanical, electrical and plumbing upgrades

Plano ISD filed a permit for miscellaneous mechanical, electrical and plumbing upgrades that include a group restroom sink replacement, elevator upgrades and consumer science lab renovations, according to the TDLR filing.
  • Location: 2400 Maumelle Drive, Plano
  • Estimated timeline: May 15-Aug. 1
  • Estimated cost: $5.5 million

 
CI Texas
Texas proposes 10,000% fee increase for hemp-derived THC retailers

Texas health officials are proposing sweeping new regulations on the state’s hemp industry, including raising the fees required to sell and manufacture consumable hemp products by roughly 10,000%.

The overview: In late December, the Texas Department of State Health Services published a slate of proposed rules regulating consumable hemp products. The proposals include:

  • A prohibition on sales to customers under 21 years old
  • Stricter testing and labeling requirements
  • Guidelines for product recalls
  • Tens of thousands of dollars in annual fees

DSHS records show that over 9,000 retailers are currently licensed to sell consumable hemp products in Texas, including recreational THC products and nonintoxicating substances like CBD. Under the proposal, annual licensing fees for hemp retailers would increase from $150 to $20,000, and manufacturer fees would be raised from $250 to $250,000.

The debate: Supporters of the proposal said the increased fees would improve oversight of thousands of Texas businesses that sell hemp-derived THC products and help the state enforce tighter regulations, while some local hemp retailers said the changes would put them out of business.

 

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Shelbie Hamilton
Editor

Miranda Talley
General Manager

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