San Benito to build $7.8M ‘green' elementary
June 13, 2010 1:00 AM
By FERNANDO DEL VALLE/Valley Morning Star
LA PALOMA — School’s going green in the fastest growing part of the San Benito school district, officials said.
The district will build a $7.8 million elementary school whose solar panels and “green” design will make it a model campus in the Rio Grande Valley, said Oscar Medrano, the school board’s president.
“This is a first for us,” Medrano said. “It will be a magnet for other districts in the Valley.”
A $37 million bond issue passed in 2007 will pay for construction of the school to be built on FM 732, about three miles north of La Paloma, officials said.
The 70,000-square-foot school will relieve overcrowding at La Paloma Elementary School in the district’s fastest growing area, Medrano said.
“It’s going to be ... Click here to read more
Monday, June 14, 2010
Monday, June 7, 2010
Brownsville Airport expands to meet needs, stimulating jobs
Airport expands to meet needs, stimulating jobs
The Brownsville Herald
June 06, 2010 10:57 PM
By JAZMINE ULLOA, The Brownsville Herald
Airport officials say the future looks promising for Brownsville South Padre Island International Airport.
The federal government has pumped millions of stimulus dollars into the facility’s rehabilitation projects, officials are seeking to add new flights as early as next year, and in perhaps the largest recent development, the airport will soon see cargo operations reopen on its airfield by the beginning of August — an enterprise it lost in the 1950s to Valley International Airport in Harlingen.
"There has definitely been a lot of expansion based on our growth," said Michael D. Jones, business development manager for the Brownsville airport.
The expansion is all part of a ... Click here to read more
June 06, 2010 10:57 PM
By JAZMINE ULLOA, The Brownsville Herald
Airport officials say the future looks promising for Brownsville South Padre Island International Airport.
The federal government has pumped millions of stimulus dollars into the facility’s rehabilitation projects, officials are seeking to add new flights as early as next year, and in perhaps the largest recent development, the airport will soon see cargo operations reopen on its airfield by the beginning of August — an enterprise it lost in the 1950s to Valley International Airport in Harlingen.
"There has definitely been a lot of expansion based on our growth," said Michael D. Jones, business development manager for the Brownsville airport.
The expansion is all part of a ... Click here to read more
Thursday, June 3, 2010
McAllen-Miller Airport Expansion Plans Under Way
McAllen-Miller airport expansion plans under way
The Monitor
Jared Janes
McALLEN — Federal investments to improve runways and expand the terminal at McAllen-Miller International Airport will help the city compete with other regions to draw in businesses, city officials said Wednesday.
The $12 million in federal funding that has gone to the airport in the past year will make travel plans easier for thousands of passengers who use the airport, said Philip Brown, the director of aviation at McAllen’s airport. But the improvements will ... Click here to read more
Thursday, May 27, 2010
McAllen keeps growing jobs - City unemployment rate is lowest in the border region
McAllen keeps growing jobs - City unemployment rate is lowest in the border region
McAllen Economic Development Corporation Blog
May 27, 2010
McAllen has grown more than 2,000 jobs since this time last year indicating that the city’s economy remains robust, is still expanding and is reflective of the lowest unemployment rate in the region, according to a Texas Workforce Commission report.
The report, which released the latest job market numbers for cities and counties in Texas from April 2010, shows McAllen’s unemployment rate has dropped three of the first four months this year. McAllen’s 7.7 percent unemployment rate is ... Click here to read more
McAllen Economic Development Corporation Blog
May 27, 2010
McAllen has grown more than 2,000 jobs since this time last year indicating that the city’s economy remains robust, is still expanding and is reflective of the lowest unemployment rate in the region, according to a Texas Workforce Commission report.
The report, which released the latest job market numbers for cities and counties in Texas from April 2010, shows McAllen’s unemployment rate has dropped three of the first four months this year. McAllen’s 7.7 percent unemployment rate is ... Click here to read more
Price Significantly REDUCED on Prime Commercial Site in Pharr, TX
Price significantly reduced on 75 Acre site located on the south side of Ridge between Jackson & Cage in Pharr, TX.This site is well maintained & clear with the exception of 25 acres with young, organic citrus & 3.5 acres for a Shell well on a portion of lot 202 (see attached in-house plat). The purchase of the fruit is negotiable. The approx. dimensions are 1,320.07' x 2,445.39'. This site is zoned (R1) single-family, (R4) high density multifamily, & (C) general business. There is a drainage ditch to the west of the property and a 20' utility easement south of Ridge Rd.
This site is located on the south side of Ridge Rd. between Jackson and Cage just 2 miles southeast of Exp. 83 & 8 miles north of the Pharr International Bridge.
Click here for more information
Click here to contact Broker
Wednesday, May 26, 2010
Call Centers Return to North America
Call Centers Return to North America
NAI Global Blog Post
May 25, 2010
We are starting to see more and more call centers returning to North America from India and the Philippines. Most of these are going to secondary and or tertiary markets in the U.S., or Mexico and Latin America, where call center operators are able to tap into abundant labor pools at fairly low wages. They can typically pay wages below $9.00 per hour. However, even with these lower wages, they are able to get bilingual languages (Spanish and English), which most call centers need.
Most of these call centers are approximately 40,000 to 60,000 rentable square feet to be able to acquire and keep the call centers fully occupied. These new centers are ... Click here to read more
NAI Global Blog Post
May 25, 2010
We are starting to see more and more call centers returning to North America from India and the Philippines. Most of these are going to secondary and or tertiary markets in the U.S., or Mexico and Latin America, where call center operators are able to tap into abundant labor pools at fairly low wages. They can typically pay wages below $9.00 per hour. However, even with these lower wages, they are able to get bilingual languages (Spanish and English), which most call centers need.
Most of these call centers are approximately 40,000 to 60,000 rentable square feet to be able to acquire and keep the call centers fully occupied. These new centers are ... Click here to read more
Is the Shopping Mall a Dead Concept?
Is the Shopping Mall a Dead Concept?
NAI Global Blog Post
May 18, 2010
At the start of the recession, regional malls were in a difficult position. Battling competition from online retailers and as people turned to lower-cost bulk items to save money, shopping malls lost a lot of foot traffic and were in danger of becoming extinct. New shopping mall developments were put on hold, and even mega-malls, like New Jersey’s Xanadu, had their plans scaled back significantly in an attempt to match consumer sentiment.
As the recession dragged on, big box retailers started to go out of business, followed by a number of their smaller retail cousins. Mall anchor stores like Macy’s, Nordstroms and JC Penney began to reevaluate their retail footprints and cut underperforming stores, and in some cases halt altogether their chain’s expansion. As the anchor stores closed, many of the smaller retailers that rely on that foot traffic to survive soon followed. Not to mention, chain stores like DVD retailers and toy retailers began to close as people turned to cheaper options like Target and Walmart for their DVD and toy purchases, further changing the shopping mall landscape. And in short order, a number of communities were faced with desolate shopping centers, driving up unemployment in the local area and creating an eyesore.
But is the shopping mall truly dead? Now that the recession is coming to a close and retailers are starting to see their sales numbers rebound, albeit at a very slow pace, does it hold that consumers will again flock to major shopping malls to spend their hard-earned cash? The short answer is yes and no.
Shopping malls need to ... Click here to read more
NAI Global Blog Post
May 18, 2010
At the start of the recession, regional malls were in a difficult position. Battling competition from online retailers and as people turned to lower-cost bulk items to save money, shopping malls lost a lot of foot traffic and were in danger of becoming extinct. New shopping mall developments were put on hold, and even mega-malls, like New Jersey’s Xanadu, had their plans scaled back significantly in an attempt to match consumer sentiment.
As the recession dragged on, big box retailers started to go out of business, followed by a number of their smaller retail cousins. Mall anchor stores like Macy’s, Nordstroms and JC Penney began to reevaluate their retail footprints and cut underperforming stores, and in some cases halt altogether their chain’s expansion. As the anchor stores closed, many of the smaller retailers that rely on that foot traffic to survive soon followed. Not to mention, chain stores like DVD retailers and toy retailers began to close as people turned to cheaper options like Target and Walmart for their DVD and toy purchases, further changing the shopping mall landscape. And in short order, a number of communities were faced with desolate shopping centers, driving up unemployment in the local area and creating an eyesore.
But is the shopping mall truly dead? Now that the recession is coming to a close and retailers are starting to see their sales numbers rebound, albeit at a very slow pace, does it hold that consumers will again flock to major shopping malls to spend their hard-earned cash? The short answer is yes and no.
Shopping malls need to ... Click here to read more
Thursday, May 20, 2010
It's 5 O’clock Somewhere!
Take a break and view NAI RGV's latest newsletter! Download free copies of the latest NAI publications, view the cities surviving the recession, read opinions from Texas brokers on the current market and much more!
Click here to view
Click here to view
It's Me or the Office!
Does your home office look like this?? If so, maybe it's time to consider leasing office space.
At NAI Rio Grande Valley, we have office space from executive suites to build to suit in many areas of the Rio Grande Valley. Contact us at 956-994-8900 or visit us on the web at www.nairgv.com to find a space that fits your needs.
McAllen Chamber of Commerce Sponsoring the 2010 McAllen Business Expo Today!
The McAllen Chamber of Commerce is sponsoring the 2010 McAllen Business Expo today at the McAllen Convention Center at the intersection of Expressway 83 and Ware Road.
This is a great opportunity to network, network, network…generate new leads, meet local business people and hear about the latest trends that could impact your business.
For more about this event, click here
This is a great opportunity to network, network, network…generate new leads, meet local business people and hear about the latest trends that could impact your business.
For more about this event, click here
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