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The City of McAllen’s retail development team are attributing strong economic performance to the city’s pro-business initiatives. McAllen, located in deep south Texas on the US-Mexico border, reported a 13.7% increase in year-to-date retail sales as of June 2019. As reported by the McAllen Chamber of Commerce its highest economic index of the past five years was achieved in January 2019. McAllen has become the main retail center for a region serving over 10 million people from both nations. The city’s retail success follows its ascent as an epicenter for international trade, manufacturing, logistics, agriculture, and an emerging medical research industry.
“Investment opportunities are abundant in our bi-national market with more than $3 billion in gross retail sales every year.” said Rebecca Olaguibel, the City of McAllen’s Director of Retail and Business Development. “Large investments are coming to market at a rapid pace and we are committed to providing them with exclusive market intel to facilitate site selection.”
The city’s young and skilled workforce and strong quality-of-life factors ranked McAllen #10 in Magnify Money’s Biggest Boomtowns in America list. McAllen City leaders foster development through an exclusive retail investor empowerment program focused on expediting all projects to market.
“This is an incredible testament to the opportunity available here in McAllen,” said City of McAllen Mayor Jim Darling. “This represents the dynamic partnership that exists between the business community and local government to do the type of things that attract people and industry to our city.”
Through the retail development department, investors are provided in depth knowledge including site selection guidance, regional market research, and McAllen’s fast track development policy to expedite the process from site selection to ribbon cutting. Led by a cohesive city management team who work harmoniously with developers, this attitude and process has propelled McAllen’s continued growth and success.
“The City of McAllen is committed to providing an environment for successful developments and projects through customer friendly processes,” said City of McAllen City Manager Roel “Roy” Rodriguez, P.E. “This ensures a prosperous business environment for companies to open and expand, attracting more employees and customers. It’s a win-win for us all.”
Projects Executed Under McAllen's New Fast Track Approach:
McAllen Investment Data
Rebecca M. Olaguibel, Retail and Business Development Director City of McAllen: Retail Development 956-681-1001 email@example.com