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Edinburg Economic Development Corporation reports $140+ million in construction activities in city during the first four months of 2017

Featured, from left: William Brock, Chief Medical Officer, South Texas Health System; Richard Hinojosa, Edinburg City Manager; Roxanne Godínez, Chief Executive Officer, Cornerstone Regional Hospital; Jennifer Garza, Chief Executive Officer, Edinburg Regional Medical Center/Edinburg Children’s Hospital, and Member, Board of Directors, Edinburg Chamber of Commerce; Anthony De Luna, TIS Total Imaging Solutions; Mayor Richard García; Precinct 4 Hidalgo County Commissioner Joseph Palacios; Cat Domian, Chief Nursing Officer, Edinburg Regional Medical Center/Edinburg Children’s Hospital; and Councilmember Richard Molina, Member, Board of Directors, Edinburg Chamber of Commerce. The group was on hand on Tuesday, May 23, 2017 for the groundbreaking of the $8.6 million STHS ER (medical emergency room), located in north Edinburg.

Photograph By RONNIE LARRALDE

Days after South Texas Health System held a groundbreaking on Tuesday, May 23, 2017, of its multi-million dollar, stand-alone STHS ER (medical emergency room) to be built in north Edinburg, the Edinburg Economic Development Corporation announced that total construction activities in the city reached more than $140 million from January through April 2017, including $23.1 million for the month of April. The year-to-date figure of $140.4 million continues to outperform last year’s pace, when total construction in Edinburg for the first four months of 2016 had reached almost $82.1 million. For the month of April 2017 – the latest figures available from the city – Edinburg saw construction permits issued for work valued at $23,146,234, with multi-family residences and single-family homes leading the way, at $11.8 million and $6.3 million, respectively. The building permits do not include the value of the land for the homes and buildings. Those totals do not include the value of any building-related activities at The University of Texas-Rio Grande Valley and the UTRGV School of Medicine in Edinburg because the state government, not the city, oversees all construction at the Edinburg campus. The Edinburg EDC, of which Gus García is Executive Director, is the jobs-creation arm of the Edinburg Mayor and Edinburg City Council. 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 Ruppert and Dr. Peter Dabrowski as Members. Mayor Richard García and Edinburg EDC Executive Director Gus García are not related.

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Edinburg’s retail economy again registers best monthly rate of improvement – almost 11 percent – among Valley’s major cities for May 2016 – and better than Texas average

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Featured, from left: Daniel Rivera, Founder, Grindstone Coworking of Edinburg (www.TheGrindstone.co) and Agustín García, Jr., Executive Director of the Edinburg Economic Development Corporation, reviewing key data about the strength of the Edinburg economy prior to a broadcast interview on Tuesday, May 10, 2016 on KURV710 Talk Radio.

Photograph By DIEGO REYNA

For the second consecutive month, Edinburg’s retail economy during May 2016 had the best rate of improvement – 10.78 percent – over the same month last year among the Valley’s major cities, while by comparison, cities statewide reported a combined average improvement of 2.7 percent in May 2016 compared with May 2015, the Edinburg Economic Development Corporation has announced. These figures are based on sales made in May 2016 by businesses that report tax monthly. For May 2016, Edinburg’s retail economy generated $1,730,440.77 in local sales taxes, compared with $1,561,948.68 during the same time in 2015, representing the improvement of 10.78 percent, according to the Texas Comptroller of Public Accounts. The local sales tax is used in Edinburg to help pay for many city services, while the Edinburg EDC uses its one-half cent local sales tax to help generate economic development in the city.

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