Edinburg construction passes $152 million from January through July 2016, with The Heights, a $19 million, 128 units affordable housing complex, the most valuable investment for July

by Legislative Media | Aug 19, 2016 | Politics

Featured, from left: McAllen Mayor Jim Darling; Edinburg Mayor Richard García; Pharr Mayor Ambrosio Hernández, M.D.; and University of Texas System Chancellor William H. McRaven on Thursday, August 11, 2016 at the Edinburg Conference Center at Renaissance. The leaders participated in a panel discussion about the UT Rio Grande Valley School of Medicine, which has a major component in Edinburg. The Edinburg Mayor, Edinburg City Council, and Edinburg Economic Development Corporation played key roles in 2013 in securing a full-fledged medical school from the Texas Legislature for deep South Texas. In July 2016, the first class of medical students began their education at the $54 million Medical Education Building, which is located on the UTRGV campus in Edinburg.

Photograph By DAVID PIKE

Construction and related building activities in Edinburg from January through July 2016 have passed the $152 million level, the Edinburg Economic Development Corporation has reported, with the month of July 2016 accounting for almost $21 million of that amount. 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 Mark Iglesias as President, Harvey Rodríguez, Jr. as Vice President, Ellie M. Torres as Secretary/Treasurer, and Mayor Richard García and Richard Ruppert as Members. Combined, building permits from January through July 2016 were issued for work valued at $152,426,011 compared with $78,554,684 for the same seven months in 2015. During July 2016, building permits for work valued at $20,681,153 were issued by the city, compared with $13,330,130 in July 2015. The top construction projects in Edinburg for July 2016, not including the value of the land, are: $9,430,920 – Wisconsin Street Housing LP, 2132 E. Wisconsin Rd., John Closner Subdivision; $2,800,000 – Edinburg Village Apartments, 701 S. 4th Avenue, Maverick Subdivision; $960,000 – Edinburg Consolidated Independent School District, 1202 N. Monmack Rd., Tex-Mex Subdivision; and $379,259 – South Texas Independent School District, 510 S. Sugar Rd., Tex-Mex Subdivision.

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Executive Director Gus García reports favorable independent audit for Edinburg Economic Development Corporation

by Legislative Media | Mar 31, 2016 | Politics

Featured: Agustín “Gus” García, Jr., Executive Director, Edinburg Economic Development Corporation, on Friday, September 25, 2015, participates in a panel discussion during the Inno’2015 Transportation Innovation Conference sponsored by South Texas College at its Technology Campus Atrium in McAllen.

Photograph By DIEGO REYNA

The financial statements and practices of the Edinburg Economic Development Corporation meet the highest standards that help ensure citizens and the public that the EEDC is properly managing its programs and services, according to an independent audit released on Tuesday, March 22, 2016. The EEDC, which is led by Executive Director Agustín “Gus” García, Jr., is the jobs-creation arm of the Mayor and Edinburg City Council. The audit, which is required by state law, was conducted by Noel Garza, CPA, who has been under contract with the EEDC for the previous five years to perform the financial review. His detailed work, which is available by requesting a copy from the EEDC, covers the fiscal year 2014-2014 activities of the EEDC.

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