by Legislative Media | Jun 17, 2016 | Politics
Featured: Artist’s rendition of a segment of Legends Edinburg, a 310,680 square-foot upscale student residential complex, the latest multi-family community that is coming to the city as a result of the continuing growth of both Edinburg and The University of Texas Rio Grande Valley, including its new medical school. The School of Medicine will open for the Fall 2016 semester.
Rendition Courtesy DOMUS DEVELOPMENT, LLC
Construction has begun on a $29.1 million luxury, off-campus community designed to serve The University of Texas Rio Grande Valley in Edinburg, and which will bring 588 beds to the market, the Edinburg Economic Development Corporation has announced. Legends Edinburg is located near the corner of Chapin Street and Sugar Road, just 1/10 mile from the Edinburg campus. Legends Edinburg will be ready for move in for Fall 2017, according to Domus Development, LLC, the owner of the complex, which will feature one-, two- and four-bedroom units.
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by Legislative Media | Jun 10, 2016 | Politics
Featured, from left: William H. McRaven, Chancellor of The University of Texas System; Janet Ogden Vackar and Robert “Bob” C. Vackar, owners of the Bert Ogden Auto Group, which began in Edinburg and spread Valleywide; and Dr. Guy Bailey, President, The University of Texas Rio Grande Valley, on Wednesday, May 18, 2016. The UT System and UTRGV were celebrating a donation of $15 million by the Vackars to UTRGV by naming its business college the Robert C. Vackar College of Business and Entrepreneurship. The Edinburg Economic Development Corporation, along with the City of Edinburg, also promotes the best interests of UTRGV and the UTRGV School of Medicine through its extensive legislative lobbying efforts before the UT System Board of Regents, the Texas Legislature, and Congress.
Photograph By PAUL CHOUY
Edinburg’s retail economy during April 2016 had the best rate of improvement – 3.05 percent – over the same month last year among the Valley’s major cities, while by comparison, cities statewide reported a combined average decrease of 1.2 percent in April 2016 compared with April 2015, the Edinburg Economic Development Corporation has announced. A growing economy in the city is influenced by the hard work ethic of the community and by the generosity of business success stories in the city, such as the Vackar family, whose last name on wife Janet’s side of her family, is set to grace the Bert Ogden Arena currently under construction in southeast Edinburg, and which will be the largest entertainment venue in South Texas.The Vackars – owners and principal dealers of the Bert Ogden Auto Group, which includes 13 dealership locations housing 16 individual franchise lines across the Valley – both grew up in the Valley, the children of entrepreneurs who owned Edinburg-based businesses and inspired dedication to hard work and community service.
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by Legislative Media | May 16, 2016 | Politics
Featured, from left: Karina Cardoza, Governmental Relations Consultant, Pharr Economic Development Corporation; Keith Patridge, President and CEO, McAllen Economic Development Corporation; Hidalgo County Commissioner Precinct 4 Joseph Palacios; Hidalgo County Commissioner Precinct 3 Joe M. Flores; Hidalgo County Judge Ramón García; Hidalgo County Commissioner Precinct 2 Eduardo “Eddie” Cantu; Hidalgo County Commissioner Precinct 1 A.C. Cuellar, Jr.; Cynthia Garza, Director of Business Development & Infrastructure, Pharr Economic Development Corporation; and Sergio Contreras, Executive Director, Pharr Economic Development Corporation. In honor of the 90th anniversary of the International Economic Development Corporation, the Commissioners Court designated May 8-14 as Economic Development Week in Hidalgo County.
Photograph Courtesy JULIA BENÍTEZ SULLIVAN
Construction and related building activities in Edinburg totaled almost $17 million for April 2016, bringing the total value of construction activities in the city to more than $82 million during the first four months of the year, the Edinburg Economic Development Corporation has announced. The latest positive data comes as the Hidalgo County Commissioners Court on Tuesday, May 10, 2016, designated May 8-14 as Economic Development Week in Hidalgo County. This year represents the 90th anniversary of the International Economic Development Corporation.
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by Legislative Media | Apr 30, 2016 | Politics
Featured, from left: Sonia Marroquín, Assistant City Manager, Myra Ayala Garza, City Secretary, and Ascensión Alonzo, Director of Finance, who all work for the City of Edinburg. The City Finance Department reports that Edinburg’s local retail economy in 2015 grew almost eight percent over the previous 12-month period in 2014. Local sales taxes in 2015 were $20,386,379, an increase of 7.65 percent over the 2014 total of $18,937,282.
Photograph By MARK MONTEMAYOR
Construction and related building activities in Edinburg totaled almost $20 million during March 2016, bringing the total value of construction activities in the city to almost $65.2 million during the first three months of the year, the Edinburg Economic Development Corporation has announced. Combined, building permits from January through March 2016 were issued for work valued at $65,173,203, compared with $41,367,340 for the same period in 2015. During March 2016, building permits for work valued at $19,710,781 were issued by the city, compared with $11,888,509 in March 2015.
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by Legislative Media | Apr 20, 2016 | Politics
Featured, from left: Harvey Rodríguez, Jr., Vice-President, Board of Directors, Edinburg Economic Development Corporation; Ellie M. Torres, Secretary/Treasurer, Board of Directors, Edinburg Economic Development Corporation; and Agustín García, Jr., Executive Director, Edinburg Economic Development Corporation. This image was taken on Tuesday, October 27, 2015 at Edinburg City Hall, following an EEDC Board of Directors meeting.
Photograph By MARK MONTEMAYOR
Construction and related building activities in Edinburg totaled more than $9.2 million for February 2016, bringing the total value of construction activities in the city to almost $45.5 million during the first two months of the year, the Edinburg Economic Development Corporation has announced. Combined, building permits in January and February 2016 were issued for work valued at $45,462,422, compared with $29,478,831 for the same two months in 2015.
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