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Edinburg EDC: $102.6 million in construction took place during first two months of 2017; “We are on track to exceed $209 million by the end of this year,” Mayor García confidently predicts

Featured, from left: Mayor Pro Tem J.R. Betancourt; Harvey Rodríguez, Jr., Vice President, Board of Directors, Edinburg Economic Development Corporation; Elías Longoria, Jr., Secretary/Treasurer, Board of Directors, Edinburg Economic Development Corporation; and City Councilmember Homer Jasso, Jr. The local leaders were in attendance on Wednesday, April 12, 2017 for the State of the City Address by Mayor Richard García, held in the recently-opened IMAX theatre in Edinburg. “Success attracts success, and major developments such as this venue where we are, is one such example,” García said. “We are proud to be the home to the only IMAX theatre south of San Antonio. This IMAX is a $5 million investment, creating 50 jobs, and contributing a riveting movie experience.”

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Featured, from left: City Councilmember David Torres and his wife, Ellie Torres, who currently serves on the Board of Trustees for the Edinburg Consolidated Independent School District; and Ambrosio “Amos” Hernández, M.D., Mayor of Pharr, on Wednesday, April 12, 2017 for the State of the City Address by Mayor Richard García, held in the recently-opened $5 million IMAX theatre in Edinburg. Torres also is a former member of the Board of Directors for the Edinburg Economic Development Corporation. Mayor Richard García predicted that the construction activities in Edinburg are sure to break last year’s mark. “In 2016, the Planning and Zoning Department issued $209 in construction project permits, up from $139.5 million in 2015, $120.5 million in 2014, and $123 million in 2013,” the mayor reported. “We are on track to exceed $209 million by the end of this year.”

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Featured: City Councilmember Richard Molina and his wife, Dalia (shown smiling at the camera), take a photograph with an unidentified resident outside the recently-opened $5 million IMAX theater in Edinburg. The Molinas along with the Edinburg City Council and the Board of Directors for the Edinburg Economic Development Corporation joined several hundred area residents on Wednesday, May 12, 2017, for the State of the City Address by Mayor Richard García. Total construction activities in Edinburg during February 2017 reached more than $9.2 million – almost the exact total for the February 2016 figure – with the construction of new homes leading the way, the Edinburg Economic Development Corporation has announced. Year-t0-date, however, as a result of a construction permit valued at $80 million for the city-owned Bert Ogden Arena being issued in January 2017, total construction in the city for the first two months of 2017 is valued at more than $102.6 million – more than double the $45.4 million combined level for January and February 2016.

Photographs By ALEX RÍOS

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Mayor García, President of the Edinburg EDC Board of Directors, and McAllen Mayor Darling to address 13th Annual Real Estate Forum on Thursday, March 2, 2017 from 10 a.m to 11 a.m.

Featured, from left: Agustín García, Jr., Executive Director, Edinburg Economic Development Corporation, and Mayor Richard García, who also serves as President of the Board of Directors for the Edinburg EDC, review jobs creation strategies during an Edinburg EDC public meeting at Edinburg City Hall on Friday, August 7, 2015. Additional insights into the local and regional economies will be offered in Edinburg during the 13th Annual State of Real Estate Forum, sponsored by Edwards Abstract and Title Co., to be held during the morning of Thursday, March 2, 2017 at the Edinburg Conference Center at Renaissance, located at 118 Paseo Del Prado. Mayor García and McAllen Mayor James E. Darling will participate as guest speakers during the gathering, which already has more than 250 business, real estate, community, economic development and political leaders confirmed to attend the event, which begins at 9 a.m., according to Elva Jackson Garza, Vice-President & Marketing Manager, Edward Abstract and Title Co. Garza is a former member of the Board of Directors of the Edinburg EDC. Mayor García will make his presentation from 10 a.m. to 10:30 a.m, followed by Darling, who will deliver his remarks from 10:30 a.m. to 11 a.m. Agustín García, Jr. and Mayor García are not related. The Edinburg EDC Board of Directors is comprised of Mayor Richard García as President, Harvey Rodríguez, Jr. as Vice President, Elías Longoria, Jr. as Secretary/Treasurer, and Richard Rupert and Dr. Peter Dabrowski as Members.

Photograph By MARK MONTEMAYOR

Dr. Steven A. Lieberman, Interim Dean of the UTRGV School of Medicine, on Wednesday, February 8, 2017, addressed the UT System Board of Regents’ Health Affairs Committee in Austin, providing an update on the progress of the UT System’s newest medical school, which has a major campus in Edinburg. The Edinburg Mayor, Edinburg City Council, and Edinburg EDC successfully helped lobby the Texas Legislature in 2013 to help secure passage of Senate Bill 24, by Sen. Juan “Chuy” Hinojosa, D-McAllen, and Rep. René  Oliveira, D-Brownsville, which authorized the merger of UT-Pan American and UT-Brownsville and the creation of a free standing medical school with a new campus in Edinburg.

Photograph By DAVID PIKE

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Edinburg retail economy in December 2016 performed better than average of all cities statewide; Mayor García, Mayor Darling to share latest economic news in Edinburg on Thursday, March 2

Featured: The Center for Border Economic Studies (CBEST) of The University of Texas Rio Grande Valley on Friday, January 27, 2017, hosted its Economic Forecast Luncheon at the McAllen Public Library Conference Center. Visitors heard about the research and predicted outcomes of economic development in the area from speakers that included Francisco García Cabeza de Vaca, Governor of Tamaulipas, Mexico; Dr. Salvador Contreras, Director of CBEST; Dr. Dennis Jansen, Professor of Economics, Texas A&M University; María D. Juárez-Serna, Director of the UTRGV Small Business Development Center; and Dr. Keith R. Phillips, Assistant Vice President and Senior Economist, Federal Reserve Bank of Dallas, San Antonio Branch. Contreras addressed current and future regional economic activity, including the new, large retailers building in the McAllen-Edinburg-Mission area that place the MSA among some of the top metros in Texas, including San Antonio and Austin. The luncheon concluded with Gov. García Cabeza de Vaca, who told the crowd, “We can grow juntos (together) more than we can as two,” and encouraged our country to “build bridges, not walls.”

Photograph By SILVER SALAS

While the combined average of cities statewide in December 2016 showed a 0.9 percent decrease,  Edinburg recorded a 1.33 percent increase in its retail economy, according to the Texas Comptroller of Public Accounts. For the month of December 2016, Edinburg’s retail economy – as measured by local sales taxes generated from purchases of eligible goods and services – had the third-best showing among the Valley’s largest cities. That figure is based on sales made in December 2016 by businesses that report tax monthly; October, November and December sales by quarterly filers; and 2016 sales by businesses that report tax annually. The local sales tax is used in Edinburg to help pay for many city services, while the Edinburg Economic Development Corporation uses its one-half cent local sales tax to help generate economic development in the city. For December 2016, Edinburg’s retail economy generated $2,248,780.54 in local sales taxes, compared with $2,219,178.85 during the same period in 2015, representing the improvement of 1.33 percent, also according to the Texas Comptroller of Public Accounts.

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With positive growth at all levels, Edinburg is being transformed into “Destination City”, Mayor García says in his 2016 State of the City Address

Photograph By DIEGO REYNA

Featured: With his image on a big screen, Mayor Richard García delivers his State of the City Address before a full house at the Edinburg Conference Center at Renaissance on Thursday, May 19, 2016. The entire State of the City Address is available for viewing on the City of Edinburg web page – http://www.cityofedinburg.com.

Photograph By DIEGO REYNA

Add a new nickname to Edinburg – “Destination City”. As the city has undergone tremendous changes in just one generation – about 20 years – it has proudly been known for being a “Gateway to the Future” city, a “university city”, a “three-time All-America City”. Now, with so much positive growth going on in his beloved hometown, Mayor Richard García is promoting the latest moniker, which he came up with, for Edinburg – “Destination City.”

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Edinburg registers lowest unemployment rate – 4.5 percent – among Valley’s cities for April 2016, reports Edinburg EDC Executive Director Agustín García, Jr.

Photograph By DIEGO REYNA

Featured: Councilmember David Torres, Mayor Richard García, and Mayor Pro Tem Richard Molina, at the Edinburg Conference Center at Renaissance on Thursday, May 19, 2016, following the mayor’s State of the City Address about Edinburg to about 300 area residents in attendance and thousands more who viewed it on the Edinburg Cable Network.

Photograph By DIEGO REYNA

Edinburg’s unemployment rate for April 2016 of 4.5 percent marked the fourth consecutive month that the city posted a monthly figure of less than five percent, the Edinburg Economic Development Corporation has announced, The April 2016 figure of 4.5 percent is the best showing for that month in almost a decade, when the city posted a 4.0 percent unemployment rate in April 2008. According to the Texas Workforce Commission, there were 36,636 people employed in Edinburg during the month of April 2016. That performance represents an increase of 758 jobs in Edinburg when comparing the employment figures for April 2016 (36,636) and April 2015 (35,878).

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