Edinburg construction passes $100 million during first five months of 2016, with city building permit issued in May for first phase of Bert Ogden Arena
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.