by Legislative Media | Nov 27, 2016 | Politics
Featured, from left: Diana Padilla, Mortgage Loan Officer, Lone Star National Bank; Juanita Mendoza, Mortgage Loan Officer, Lone Star National Bank; Anna Casares, Mortgage Operations Manager, Lone Star National Bank; Esther G. Guerra, Mortgage Sales Manager, Lone Star National Bank; Agustín García, Jr., Executive Director, Edinburg Economic Development Corporation; Elva Jackson Garza, Vice President and Marketing Manager, Edwards Abstract and Title Co.; Ma. Elena Guerra, Mortgage Loan Officer, Lone Star National Bank; Norma L. Cano, Mission Marketing Manager, Edwards Abstract and Title Co.; Letty Rodríguez, Sales Representative/Escrow Officer, Edwards Abstract and Title Co.; and Jaime Jackson, Mortgage Loan Originator, International Bank of Commerce. The Edinburg EDC Executive Director was the featured speaker on Thursday, October 20, 2016 before The Women’s Council of Realtors McAllen Network during his presentation in Edinburg at Edwards Abstract and Title Co. in Edinburg. Elva Jackson Garza is a former member of the Board of Directors for the Edinburg EDC.
Photograph By LEE JINKS
With two months left in 2016, construction activities in Edinburg have approached $189 million, compared with almost $115 million during the same 10 months last year, the Edinburg Economic Development Corporation has announced. 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. New single-family homes and multi-family residences (duplexes to apartments) continue to lead the way from January through October 2016, having been issued building permits for a combined total of $114,609,443 in the value of their construction. That figure is more than double the $45,746,390 combined value of single-family homes and multi-family residences approved for construction during the same period last year. Year-to-date (January through October 2016), building permits were issued for 403 single-family residences, valued at $52,402,028, compared with 278 single family residences, valued at $39,781,574 from January through October 2015. Year-to-date (January through October 2016), building permits were issued for 237 multi-family residences, representing 944 units, valued at $62,207,415, compared with 42 multi-family residences, representing 83 units, valued at $5,965,356, from January through October 2015. Also according to the city’s Code Enforcement Department, 46 single-family residences, valued at $5,330,686 were approved for construction in October 2016, compared with 21 single-family residences, valued at $2,678,657, during the same month in 2015. Combined, building permits from January through October 2016 were issued for work valued at $188,725,537 compared with $114,664,341 for the same 10 months in 2015. During October 2016, building permits for work valued at $8,963,349 were issued by the city, compared with $14,618,375 in October 2015. The Edinburg EDC, whose Executive Director is Agustín García, Jr., 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.
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by Legislative Media | Oct 20, 2016 | Politics
Featured: Dr. Guy Bailey, President, The University of Texas Rio Grande Valley, on Saturday, July 23, 2016, addressing the inaugural class of the UT Rio Grande Valley School of Medicine, which opened its $54 million Medical Education Building at the Edinburg campus, welcoming 55 students into its charter class. In a related development, the UT System Board of Regents on Monday, September 26, 2016, unanimously approved the leasing of an approximately 85,000-square-foot facility from Doctors Hospital at Renaissance, which is based in Edinburg, to UTRGV for medical research and educational and clinical uses. The Edinburg Mayor, Edinburg City Council, and Edinburg Economic Development Corporation lobby the Texas Legislature and the UT System Board of Regents for advances at UTRGV and the UTRGV School of Medicine in Edinburg.
Photograph By DAVID PIKE
More people continue to move into Edinburg, the Edinburg Economic Development Corporation has announced, based on the latest year-to-date figures which show that between January and September 2016, more than $108 million in new homes and multi-family residences were approved for construction. For the month of September 2016, total construction activities during that period totaled more than $13.5 million. Also year-to-date, construction and related building activities for all categories have approached the $180 million level, based on information collected by the city’s Code Enforcement Department. The increasing number of residents in Edinburg is reflected in the most recent population estimates by the U.S. Census Department, which show the city has grown more than 13 percent between April 1, 2010 and July 1, 2015. According to the U.S. Census Bureau, Edinburg’s estimated population as of July 1, 2015 was 84,497, compared with 74,541 on April 1, 2010, representing a growth of 13.4 percent. Year-to-date (January through September 2016), building permits were issued for 357 single-family residences, valued at $47,071,342, compared with 257 single family residences, valued at $37,102,917 from January through September 2015. Year-to-date (January through September 2016), building permits were issued for 230 multi-family residences, representing 928 units, valued at $61,655,264, compared with 36 multi-family residences, representing 71 units, valued at $5,365,356, from January through September 2015. The Edinburg EDC, whose executive director is Agustín García, Jr., 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.
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by Legislative Media | Oct 14, 2016 | Politics
Featured: Letty Reyes, Director of Business Development and Public Affairs, Edinburg Economic Development Corporation; and Juan Guerra, City Manager, City of Pharr. Both area leaders on Friday, October 7, 2016 participated in a panel discussion about entrepreneurial innovation during the Fourth Annual Binational Innovation Conference (INNO 2016), which was hosted by South Texas College (STC) in McAllen. The Edinburg EDC was a sponsor of the event. INNO 2016 was held at the STC Technology Campus located at 3700 W. Military Highway in McAllen. Also on the panel, but not shown in this image, were: Keith Patridge, President/CEO, McAllen Economic Development Corporation; Francisco “Frank” Almaraz, CEO, Workforce Solutions, Lower Rio Grande Valley; and Bobby Villarreal, County Executive Director, Hidalgo County.
Photograph By LAURA VELA
Edinburg’s retail economy from January through August 2016 has improved more than 4.6 percent, which is the best showing of all major Rio Grande Valley cities, and better than the statewide average of a 1.1 percent increase of all cities in the state, according to the Texas Comptroller of Public Accounts. For the month of August 2016, Edinburg’s retail economy – as measured by local sales taxes generated from purchases of eligible goods and services – also remained healthy, showing an almost two percent improvement over the month of August 2015. Those figures are based on sales made in August 2016 by businesses that report tax monthly, according to the Texas Comptroller of Public Accounts. The local sales tax data is among the latest economic barometers featured in a detailed summary provided by the state comptroller’s office, which released retail sales figures on Wednesday, October 12, 2016. During the first eight months of 2016, Edinburg’s retail economy produced $17,592,870.93 in local sales taxes, compared with $16,812,351.02 for January through August 2015, representing an improvement of 4.64 percent. For August 2016, Edinburg’s retail economy generated $1,702,561.82 in local sales taxes, compared with $1,671,788.87 during the same period in 2015, representing the improvement of 1.84 percent, also according to the Texas Comptroller of Public Accounts. The sales tax, formally known as the State Sales and Use Tax, is imposed on all retail sales, leases and rentals of most goods, as well as taxable services. Texas cities, counties, transit authorities and special purpose districts have the option of imposing an additional local sales tax for a combined total of state and local taxes of 8 1/4% (.0825). 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. The amount of local sales taxes collected also helps reflect the strength of an economy, along with construction activities, per capita income, education, historical performances, and related trends. The Edinburg EDC, of which Agustín García, Jr. 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, Elías Longoria, Jr., Harvey Rodríguez, Jr., Richard Rupert, and Dr. Peter Dabrowski.
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by Legislative Media | Jul 27, 2016 | Politics
Featured, from left: Agustín García, Jr., Executive Director of the Edinburg Economic Development Corporation; City Councilmember Homer Jasso, Jr., Mayor Richard García; Mayor Pro Tem Richard Molina; Councilmember David Torres; Ellie M. Torres, Secretary/Treasurer, Board of Directors, Edinburg Economic Development Corporation; and City Manager Richard Hinojosa on Thursday, July 21, 2016, immediately following the ribbon-cutting for the U.S. Customs and Border Protection facility at the South Texas International Airport in Edinburg.
Photograph By RONNIE LARRALDE
Construction and related building activities in Edinburg from January through June 2016 have passed the $131 million level, the Edinburg Economic Development Corporation has reported, with the month of June 2016 accounting for almost $32 million of that amount. Combined, building permits from January through June 2016 were issued for work valued at $131,744,588, compared with $65,224,544 for the same six months in 2015. During June 2016, building permits for work valued at $31,699,427 were issued by the city, compared with $6,212,165 in June 2015. The most valuable projects, not including the value of the lots, which led the way in June 2016, were: $22,500,000 – Edinburg Legends LTD, 1815 W. Chapin St, Tex-Mex Railway Co. Survey Subdivision; $500,000 – The Shoppes at Rio Grande Valley LLC, 609 Trenton Rd., The Shoppes at RGV Subdivision; $450,000 – Kamel Investments LLC, 3020 W. Trenton Rd., Marvel Plaza Subdivision; and $400,000 – Edinburg Independent Consolidated School District, 310 E. Palm Drive, Tex-Mex Subdivision.
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by Legislative Media | Jun 28, 2016 | Politics
Featured, from left: Mayor Richard García, Councilmember Homer Jasso, Jr., and Mayor Pro Tem Richard Molina on Thursday, February 27, 2015, during groundbreaking ceremonies for the Bert Ogden Arena, the future home of the Rio Grande Valley Vipers professional basketball team, which is part of the NBA Development League. In May 2016, the first building permit, for work valued at $3.5 million, was issued by the city for construction of the 189,000 square-foot multi-events complex, whose total value will approach $90 million. The Bert Ogden Arena is located at the corner of Interstate 69-Central and Alberta Road in Edinburg.
Photograph By DIEGO REYNA
Construction and related building activities in Edinburg from January through May 2016 have passed the $100 million level, the Edinburg Economic Development Corporation has reported, with the month of May 2016 accounting for almost $18 million of that amount. The most valuable projects, not including the value of the lots, which led the way in May 2016, were: $3,500,000 –Cantú Construction, 429 S. I-69C, Edinburg Arena Subdivision; $3,481,532 – Edinburg Regional Medical Center, 1102 W. Trenton Rd., Trenton St. Subdivision; $1,560,000 – Jeff Knits, 1010 E. Chapin, Tex-Mex Survey Subdivision; $633,559 – R&E Villarreal & Sons, 2945 Regency Drive, The Boardwalk Subdivision; and $510,000 – Chris Ryan Homes & Investments, LLC, 2502 Hampton Avenue, Bentley Estates Subdivision.
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