Author: pharr edc

Community Grant – Assisting & Funding – Newsletter

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Pharr EDC Celebrates First Graduates of Kauffman FastTrac- En Español

The first cohort of Kauffman FastTrac – En Español graduates stand proudly alongside UTRGV officials and Pharr EDC President & CEO Victor Perez. They begin new ventures and opportunities for local economic growth and innovation. Courtesy photo. #Entrepreneurship #CommunityImpact #PharrPride. Courtesy photo

The Pharr Global Business Hub recently celebrated a milestone as the first cohort of Kauffman FastTrac – En Español successfully completed the program. Designed to empower entrepreneurs, this seven-week training provided essential business skills, including marketing, financial management, and strategic planning.

In partnership with the UTRGV Entrepreneurship and Commercialization Center (ECC), the Pharr Economic Development Corporation (Pharr EDC) proudly supported this initiative, reinforcing its commitment to fostering local business growth and innovation.

Investing in the Future of Pharr’s Entrepreneurs

Pharr EDC President & CEO Victor Perez highlighted the program’s impact on economic development:

“Programs like Kauffman FastTrac equip entrepreneurs with the knowledge and confidence to transform ideas into successful businesses, driving economic growth in our community.”

Graduates not only gained vital business expertise but also joined a network of like-minded entrepreneurs, creating opportunities for collaboration and support.

A Hub for Business Development

The Pharr Global Business Hub, home to the UTRGV ECC, serves as a dynamic space where entrepreneurs access essential resources, mentorship, and business incubation services. From high-speed internet to private workstations and networking events, the facility provides an ideal environment for innovation and success.

As these new entrepreneurs embark on their journeys, Pharr EDC remains dedicated to supporting their growth and strengthening the local economy.

For more information on business development programs in Pharr, visit Pharr EDC.

COMCE Zacatecas and Pharr EDC Foster New Opportunities for Mexican Exporters

Through a strategic partnership with COMCE Zacatecas, Pharr EDC is actively working to facilitate trade and investment opportunities for Mexican exporters.

This collaboration focuses on creating a seamless pathway for businesses in Zacatecas to reach U.S. markets via Pharr, Texas. By providing exporters with resources and support, this partnership strengthens the economic ties between Mexico and the United States and helps Pharr maintain its status as a key trade gateway.

Industrial Park Development in Pharr Surges Over 133%

Industrial Park Development in Pharr Surges Over 133%

Pharr’s industrial park development has seen unprecedented growth, with expansion reaching over 133%. This surge reflects the city’s strategic importance in the industrial sector, attracting businesses seeking access to the U.S.-Mexico border region.

The rapid growth in industrial parks is indicative of Pharr’s successful economic development efforts and its appeal to companies looking for well-located, business-friendly environments with strong support infrastructure.

MasterBrand’s One-Million-Square-Foot Project Underway in South Pharr

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MasterBrand Cabinets has begun construction on a significant one-million-square-foot facility in South Pharr, representing a major investment in the region’s industrial development.

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This project, expected to generate numerous job opportunities, reinforces Pharr’s reputation as a critical industrial and economic hub. Upon completion, the facility will enhance Pharr’s manufacturing capabilities, support the local workforce, and contribute significantly to the region’s economy.

Leonard: Why Raba Kistner Co-Sponsored IWS4

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Leonard discussed Raba Kistner’s decision to co-sponsor the IWS4 conference, which emphasizes sustainable water infrastructure solutions.

This sponsorship reflects Raba Kistner’s commitment to environmental responsibility and innovation in infrastructure. By supporting this conference, the company aims to contribute to discussions on pressing environmental challenges, such as water sustainability, and position itself as a leader in advancing sustainable practices in the industry.

Ortiz: Students Go Into Manufacturing – It’s Exciting!

Ortiz Middle School is introducing its students to the dynamic world of manufacturing with hands-on experiences and interactive learning. This initiative aims to inspire students to explore manufacturing careers, highlighting the industry’s evolving technology and diverse career paths.

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Through workshops and facility tours, students gain a firsthand look at how the manufacturing sector operates, fostering an interest in pursuing skilled jobs that contribute to the local economy.

Cavazos Provides Update on Commercial and Industrial Properties Available in Pharr

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As part of Pharr’s ongoing economic development efforts, Cavazos presented an overview of available commercial and industrial properties across the city. These properties provide businesses with the infrastructure and location advantages needed for growth, accommodating a range of industries from manufacturing to logistics.

Pharr is actively promoting these sites to attract national and international businesses interested in establishing a presence in a strategic trade and industrial hub, making it a key player in the region’s economic expansion.

COMCE and Pharr Strengthen Ties in Favor of Mexico-US Cross-Border Trade

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In a bid to strengthen Mexico-U.S. trade relations, the Mexican Business Council for Foreign Trade (COMCE) and the city of Pharr have renewed their commitment to supporting cross-border trade. This collaboration will aim to address logistical challenges and create streamlined trade channels through the Pharr International Bridge, one of the region’s key economic corridors.

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By uniting resources and expertise, Pharr and COMCE intend to enhance business opportunities and economic growth for exporters and importers in both countries.

 

Pharr EDC Forges Closer Economic Ties with Aguascalientes, Mexico

Pharr EDC Forges Closer Economic Ties with Aguascalientes, Mexico

Pharr EDC has taken a significant step to bolster its economic collaboration with Aguascalientes, Mexico. This enhanced partnership seeks to encourage bilateral trade, investment, and job creation by promoting Pharr as an attractive business destination for companies in Aguascalientes.

The Pharr EDC and its Mexican counterpart will focus on initiatives to streamline cross-border trade, offering networking events and business resources to facilitate expansion for businesses on both sides of the border, ultimately aiming to strengthen the economic landscape in Pharr and Aguascalientes.

Pharr Declares October as Manufacturing Month

Pharr declares October as Manufacturing Month

The city of Pharr proudly recognizes October as Manufacturing Month to celebrate the pivotal role of the manufacturing industry in its economic framework. This designation highlights the sector’s contributions to economic growth, job creation, and technological advancements in the region.

The month-long celebration will feature events, workshops, and tours to showcase manufacturing opportunities in Pharr and inspire local workforce development. Businesses, educators, and community members are encouraged to participate, learning about the industry’s advancements and the range of career paths available to residents of all ages.

Pharr EDC and COMCE Sign MOU to Strengthen Binational Trade

alianza-entre-comce-y-pharr-posiciona-a-la-region-como-puente-comercial-mexico-ee-uu

The Pharr Economic Development Corporation (EDC) has taken a bold step in enhancing binational trade and investment by partnering with the Mexican Business Council for Foreign Trade, Investment, and Technology (COMCE).

This strategic alliance was formalized through a Memorandum of Understanding (MOU), underscoring both organizations’ commitment to promoting cross-border economic growth, with a particular focus on leveraging the Pharr International Bridge—a key commercial artery connecting Mexico and the United States.

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Through the signing of a Memorandum of Understanding (MOU), both organizations committed themselves to leveraging the Pharr International Bridge as a pivotal commercial artery, driving economic growth and diversification in the region.

The MOU aims to deepen economic collaboration by facilitating trade and investment activities that benefit the economies of both countries. With COMCE’s established expertise in supporting Mexican businesses’ international trade ventures, this partnership is positioned to create new business opportunities, diversify economic resources, and drive substantial growth for businesses in Pharr and the broader Rio Grande Valley region.

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COMCE, known for its dedication to promoting international trade and investment for Mexican businesses, plays a crucial role in facilitating economic relations. This partnership marks a significant step towards strengthening economic ties, creating new opportunities for businesses, and empowering economic growth in Pharr.

 

Pharr EDC and AmCham Mexico Sign MOU to Boost Cross-Border Business Growth

amcham-mexico-and-phar-tx-sign-strategic-economic-partnership

The Pharr Economic Development Corporation (Pharr EDC) has reached a huge milestone by signing a Memorandum of Understanding (MOU) with the American Chamber of Commerce of Mexico, Northeast Chapter (AmCham Northeast Chapter). This agreement, formalized by Victor Perez, president and CEO of Pharr EDC, Lorenzo Barrera Segovia, president of the AmCham Northeast Chapter, and Grace Lingo, executive director of the AmCham Northeast Chapter, marks a commitment to mutual growth and cooperation between the City of Pharr and AmCham’s 1,400 member companies.

The MOU aims to build stronger economic ties between the Northeastern Mexico region and Pharr, Texas. Although the agreement is not legally binding, it is designed to create deeper understanding and cooperation, enabling the exchange of knowledge, expertise, and resources across the border.

Victor Perez expressed enthusiasm about the partnership, stating, “The signing of this agreement marks the beginning of a new chapter in our relationship with AmCham.” He emphasized that the collaboration will create new job opportunities and strengthen the regional economy.

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The involvement of AmCham, which represents influential players in Mexico’s economy, means that this strategic partnership will have far-reaching implications. It allows AmCham members to participate in business opportunities in Pharr while providing local businesses access to new markets in Mexico. The partnership positions Pharr as an attractive hub for international investment, aligning with initiatives like the Pharr Global Business Hub, which offers AmCham companies office space and resources to expand their operations.

This agreement also enhances Pharr’s reputation as a focal point for cross-border business relations, creating a reciprocal flow of investment and innovation that benefits both economies. By attracting international investment and providing local businesses the opportunity to enter the U.S. market, the partnership strengthens international value chains and introduces advanced technology and practices to the region.

The MOU will also facilitate joint events, conferences, and forums, allowing business leaders from both Mexico and the U.S. to engage directly with political, educational, and industry figures. These interactions are expected to yield a valuable exchange of ideas, shaping the future business environment in both regions.

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In addition to promoting economic growth, the agreement emphasizes workforce development through training and advisory programs designed to improve skills and competitiveness. By sharing best practices and innovations, the partnership will ultimately enhance productivity and sustainability for businesses operating in both the U.S. and Mexican markets.

Overall, this MOU establishes a solid foundation for ongoing collaboration between the American Chamber of Commerce of Mexico and the Pharr EDC.

Pharr EDC Unveils 11 Million Sq. Ft. of New Industrial Parks, Boosting City Growth

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Pharr EDC announces nearly 11 million square feet of new industrial parks, highlighting city growth and international business opportunities.

At a recent South Texas Manufacturers Association meeting at the DoubleTree Suites by Hilton in McAllen, Janie Cavazos, vice president of business recruitment for the Pharr Economic Development Corporation (EDC), revealed plans for ten new industrial parks.

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These parks will add almost 11 million square feet of warehouse space, including cold storage and dry warehouses. Six parks will be within Pharr’s city limits, while the remaining will be in its extraterritorial jurisdiction (ETJ).

Pharr EDC, along with the Pharr Bridge Board, will officially announce the details at the next Warehouse Summit in October. This effort continues to position Pharr as a critical hub for international trade and development.

Pharr EDC and AmCham Noreste Ink Collaborative Agreement

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Pharr EDC has recently entered into a partnership with the American Chamber of Commerce of Northeast Mexico (AMCHAM Noreste) by signing a Memorandum of Understanding (MOU) aimed at enhancing trade and investment opportunities between the U.S. and Mexico.

The MOU now allows all members of AmCham (representing more than 1,400 companies) to use the new Pharr Global Business Hub to promote technology, cooperation, and investment across the border.

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This collaboration was formalized during the “Future of Trade in the Rio Grande Valley” event held in McAllen, Texas, on September 10, where both organizations expressed their commitment to fostering economic growth in the region​.

The MOU outlines a framework for cooperation in areas such as trade facilitation, investment promotion, and the development of business networks. The agreement is expected to support initiatives that encourage U.S. companies to explore the Mexican market while helping Mexican businesses to navigate the U.S. economic landscape.

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This partnership aligns with ongoing efforts in Pharr to capitalize on logistics and nearshoring opportunities, particularly as the region continues to see growth in manufacturing and trade activities. Pharr’s strategic location near the U.S.-Mexico border makes it an ideal hub for these initiatives, further supported by events like the Industrial Warehouse Summit which recently highlighted opportunities in logistics and industrial development​.

Peña-Valdés: Make the AEM-COMCE RGV Tour a Permanent Event

The AEM-COMCE tour, organized by Francisco J. Peña-Valdés, brought more than 45 Mexican business owners to the Rio Grande Valley (RGV) to explore trade and investment opportunities.

The tour, which featured stops in McAllen, Pharr, and Brownsville, aimed to connect Mexican entrepreneurs with local leaders and businesses to foster collaboration.

Peña de Valdez

Peña-Valdés emphasized the importance of making this an annual event to sustain momentum and build trust.

The Pharr Economic Development Corporation (EDC) played a pivotal role during the tour. Pharr EDC President Victor Perez, Economic Business Development Director Lilvette Santos, and other city officials welcomed the Mexican delegation at the Pharr One Center, where presentations and panel discussions on real estate, business opportunities, and economic growth were held.

Peña-Valdés: We need to make the AEM-COMCE tour of the RGV a regular event

The delegation also toured Pharr’s new Global Business Hub and discussed potential cross-border collaborations. Peña-Valdés highlighted the trust between AEM, COMCE Sur, and RGV leaders as a key element for future success.

Pharr EDC and Victor Perez Lead Topgolf Mixer to Advance Manufacturing Growth

Victor Perez, president of Pharr Economic Development Corporation, is pictured center, alongside other VIPs that attended the official opening of the Pharr Global Business Hub. (Photo: RGG/Steve Taylor)

The Pharr Border Business Advancement Initiative, supported by Victor Perez and the Pharr Economic Development Corporation (EDC), recently hosted a mixer at Topgolf to stimulate growth in the manufacturing sector. The event aimed to foster networking and collaboration among industry professionals, business leaders, and community members.

Key Highlights from the Mixer:
  • Networking Opportunities: The event provided a platform for attendees to connect with peers and potential partners in the manufacturing industry.
  • Focus on Manufacturing Growth: The mixer addressed the needs and opportunities within the manufacturing sector in Pharr and the surrounding areas.
  • Engagement with Local Businesses: Local manufacturers and stakeholders discussed industry trends, challenges, and strategies for growth.
  • Support from Pharr EDC: Victor Perez, Executive Director of the Pharr EDC, and his team played a key role in organizing the event, demonstrating their commitment to supporting and expanding the manufacturing sector in the region.

The Topgolf mixer highlights the Pharr Border Business Advancement Initiative’s and the Pharr EDC’s dedication to fostering manufacturing growth through strategic networking and community engagement.

Victor Perez Outlines Pharr Global Business Hub’s Importance

Victor Perez, Executive Director of the Pharr Economic Development Corporation (EDC), made impactful remarks at the official opening of the Pharr Global Business Hub on August 15. Perez highlighted the hub’s potential as a transformative force for economic growth in the region.

Pharr EDC Team. Pictured from L-R: Janie Cavazos, Property Development Manager; Maribel Garcia, Executive Administrative Assistant; Victor Perez, President and CEO; Lilvette Santos, Economic Business Development Director; and Karina Lopez, Economic Development Manager. Photo by Roberto Hugo González

Key Points from Victor Perez’s Remarks:
  • Catalyst for Economic Development: Perez emphasized the hub’s role as a crucial element in Pharr’s economic development strategy, expected to drive long-term growth.
  • Strategic Location: He noted the hub’s advantageous position near major trade routes and international borders, enhancing Pharr’s status in global commerce.
  • Job Creation: According to Perez, the hub will be instrumental in generating substantial employment opportunities for the local community.
  • International Business Attraction: The hub is poised to attract global businesses seeking to expand or establish operations in the U.S., further boosting the local economy.

Victor Perez’s remarks underscore the Pharr EDC’s strong belief in the hub’s capacity to stimulate economic progress and position Pharr as a key player in international trade and business.

UTRGV Entrepreneurship and Commercialization Center Expands Through the Pharr Global Business Hub

Linda Ufland Rom, manager of the UT-Rio Grande Valley Entrepreneurship and Commercialization Center

The UTRGV Entrepreneurship and Commercialization Center is expanding its reach to Central and South America, aiming to connect with entrepreneurs and startups in these regions. This initiative is closely linked to the Pharr Global Business Hub, where the center’s efforts are integrated as part of a broader strategy to foster international business collaboration and innovation.

Key Benefits of the Pharr Global Business Hub for UTRGV’s Expansion:
  • Enhanced Access to Global Markets: The hub provides a gateway for UTRGV programs to reach new international markets, facilitating cross-border business opportunities.
  • Strategic Partnerships: Businesses and entrepreneurs can leverage connections made through the hub to collaborate with UTRGV, enhancing their access to resources and expertise.
  • Comprehensive Support: The hub offers infrastructure and support services that complement UTRGV’s programs, making it easier for international startups to engage with UTRGV and thrive in the U.S. market.
  • Innovation and Growth: By being part of the Pharr hub, UTRGV can offer more robust support to startups, helping them scale more efficiently with the backing of a well-connected business community.

This expansion into Central and South America, supported by the Pharr Global Business Hub, is expected to drive economic growth, innovation, and stronger international ties for both UTRGV and the participating businesses.

Texas Workforce Commissioner Backs the Pharr Global Business Hub

In a significant endorsement, Texas Workforce Commissioner Julian Alvarez expressed support for the Pharr Global Business Hub during its official opening on August 15. He focused on the hub’s role in fostering economic development and job creation in the region.

During a visit, Alvarez highlighted the hub’s potential to attract businesses and enhance workforce training opportunities. This backing is a strong signal of the hub’s importance in the state’s broader economic strategy, further solidifying Pharr as a crucial player in regional development.

The Pharr Global Business Hub Opens to Praise for Community Leaders

The Pharr Global Business Hub recently celebrated its grand opening, marking a new era for the city’s economic landscape. The event brought together local leaders, business owners, and community members to witness the inauguration of this state-of-the-art facility.

Designed to support international trade and business growth, the hub was founded by Pharr EDC alongside the University of Texas Rio Grande Valley (UTRGV). UTRGV’s involvement brings valuable educational and entrepreneurial resources to the hub, fostering collaboration and innovation.

Services offered by the Pharr Global Business Hub:
  • International Trade Assistance: Support for businesses looking to expand into global markets.
  • Business Development Resources: Access to tools and mentorship for business growth.
  • Workforce Training Programs: Collaborations with local institutions like UTRGV to enhance workforce skills.
  • Networking Opportunities: Events and programs to connect businesses with industry leaders and potential partners.
  • Infrastructure and Facilities: State-of-the-art spaces designed to accommodate various business needs.

This opening signifies Pharr’s commitment to becoming a key player in global commerce, with strong support from academic institutions like UTRGV.

UTRGV and Pharr EDC Launch Pharr Global Business Hub for International Growth

UTRGV and Pharr EDC Launch Pharr Global Business Hub for International Growth

The Pharr Global Business Hub, a collaboration between UTRGV and the Pharr Economic Development Corporation, has officially opened its doors at 301 S. Cage Blvd.

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The facility, a culmination of a four-year project, is dedicated to attracting new businesses and enhancing existing ones in the Rio Grande Valley. Dr. Magdalena Hinojosa highlighted the significance of the partnership, emphasizing, “This facility allows us to expand the resources and economic workforce development support services, and it will advance our region’s economic development and community engagement.”

One of the key objectives of the Pharr Global Business Hub is to provide a wide range of resources aimed at fostering business creation and job expansion. The hub will offer programs such as the Kauffman FastTrac initiative, providing entrepreneurs with a collaborative environment to engage with facilitators and peers for professional development and business growth.

 

 

 

Greenway Construction to Develop New Cold Storage Facility in Pharr Produce Park

Greenway Construction to build another cold storage facility in Pharr Produce Park

On July 18, 2024, Pharr, Texas, celebrated the groundbreaking of Greenway’s new facility in Pharr Produce Park. The event, which marked a milestone for Greenway, was also an opportunity to recognize the growth that Greenway has been bringing to the area. Other highlights of the event included the following:

Attendance by Assistant City Managers Hilda Pedraza and Dr. David Friedlein
Attendance by Adriana Gomez from Senator Cruz’s office.
Recognition of Greenway and the role of collaboration in the success of Pharr Produce Park by Pharr EDC President Victor Perez.
Recognition of Ramon Mery, CEO of Greenway, for his foundational role in Pharr’s growth.
Mery’s recognition of Pharr as a strategic location for investment, business growth, and operational efficiency.

Pharr EDC Foundation Invests in the Future of 122 Promising Scholars

Pharr EDC Foundation Invests in the Future of 122 Promising Scholars

On May 9, 2024, the City of Pharr, Pharr EDC, and Pharr Economic Development Foundation hosted the 2024 Scholarship Awards Ceremony at Regency Hall, honoring 122 students from Pharr and the PSJA area. The event celebrated the students’ academic achievements and community impact. Perla Tamez Casanova and Victor Pérez highlighted the importance of education in economic growth and personal success. Annabel Cardona, CEO of the Valley Grande Institute, encouraged students to remember their roots and community support. The ceremony, funded through various events and donations, underscored the region’s commitment to fostering future leaders and celebrated the bright future toward which the community strives.

Phar Celebrates Greenway´s Milestone

Greenway’s Milestone in Pharr, Texas

Pharr’s cold storage capabilities are expanding, thanks to a planned construction by LakeWay Produce’s sister company, Greenway Construction. Over two phases, the building will grow from an initial 50,000 square feet to a final 94,000 square feet of cold storage space.

The construction comes on the heels of another Greenway-built cold storage facility that opened earlier this year with a total of 44,000 square feet of space. Ramon Mery, CEO of LakeWay Produce and Greenway Construction has publicly praised Pharr and the surrounding area for providing an environment where produce companies can be “more competitive, more efficient, and better positioned.”

Pharr is about to land 700,000 Square Foot Warehouse: Largest in Region

Pharr Announce Massive 700,000 Square Foot Warehouse, Largest in Region

Pharr is on the brink of announcing a massive, 700,000 square-foot warehouse, the largest in the region. The project represents a significant milestone for Pharr’s economic development efforts, signaling growth and expansion in the logistics and warehousing sector.

According to Pharr EDC President, Victor Perez, the warehouse is part of a number of projects coming to Pharr that together will provide a million square feet in facilities. Perez also noted that Pharr’s rich quality of life will continue to attract investors and their families, allowing the city to grow. The development is poised to create job opportunities and drive further investment in the region, reinforcing Pharr’s position as a thriving hub for industrial and commercial activity.

Pharr EDC restore plans to create a new Foreign Trade Zone

Pharr EDC resurrects plans to create a new Foreign Trade Zone

The Pharr EDC and Hidalgo County are resurrecting plans to establish a new Foreign Trade Zone in the area, aiming to enhance economic growth and attract businesses.

What Pharr EDC President Victor Perez calls a “regional” project could include a number of RGV cities, including Donna, Weslaco, Edinburg, and potentially others. It would join 4 other FTZs in the Rio Grande Valley, in a response to the growth of activity at the Pharr International Bridge.

While the timeline for the project is not yet set. he FTZ designation will provide companies with cost-saving benefits, including exemptions on duties and tariffs for imported goods. By creating this zone, Pharr hopes to increase trade and investment opportunities, further solidifying its position as a strategic hub for international commerce.

Assistance & Funding

Sometimes, economic growth needs a hand. In our Community Grants Newsletter, discover upcoming loans and grants programs designed to put assistance within the reach of you and your organization, because when businesses thrive in Pharr, we all benefit.

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Pharr EDC Partners With Zitacuaro, Michoacan, MX

We are SO excited to announce that we have signed a Memorandum of Understanding with a delegate from Zitacuaro, Michoacan, MX as part of our continuing commitment to building international partnerships that benefit Pharr and our partners.

“This is a great move forward for the City of Pharr and the Pharr EDC as we aim to strengthen our international partnerships and work collaboratively with similar cities to attract growth, business, and investors,” said  Dr. Jonathan B. Flores, Pharr City Manager. “By working together, our two cities can synergize and help each other succeed.”
Read more about this exciting development here.

The Pharr EDC Foundation Scholarship Is Accepting Applications

Pharr, Texas – The Pharr EDC Foundation is proud to announce that our scholarship is now open and accepting applications for students graduating in the 2023-2024 academic year. This scholarship was established to help students pursuing higher education at the vocational, trade, technical, or any university level fund the tuition and get the skills they need to secure prosperous careers.

Applicants must be Pharr residents and applications close on March 14th, 2024 at 5PM. If you, or someone you know, could be a candidate for this advantageous opportunity, please visit www.pharredc.com/foundation/pharr-edc-scholarship to apply.

For more information, contact Nydia Monzerrath Gonzalez at (956) 402-4334 or via email at [email protected]

The Evolution of Capote International Park in Pharr

In Pharr, Texas, the transformation of agricultural land into the thriving Capote International Business Park marks a significant milestone in the region’s development. This evolution, the evidence of generational vision and entrepreneurial spirit, has been led by the City of Pharr and executed by the Pharr Economic Development Corporation (PEDC) and key partners such as Ocotillo Capital Partners.

Park Main 2

On January 23, 2024, the PEDC celebrated the expansion of Capote Building H, the eighth structure in the business park, with a groundbreaking ceremony. Nick Dyer, Principal of Ocotillo Capital Partners, emphasized the importance of this addition to the Pharr-McAllen market, particularly for warehousing needs and facilitating cross-border trade in the Rio Grande Valley.

The new Class A Industrial building, adjacent to the Pharr International Bridge, is a state-of-the-art facility. Spanning 160,000 square feet, it features a concrete tilt wall design, 36’ clear height, Early Suppression, Fast Response (ESFR) fire protection, ample dock doors with pit levelers, and a full 180’ wide truck court. Its strategic location and advanced features cater to the increasing demand for logistics and international trade facilities, as highlighted by Victor Pérez, President/CEO of Pharr EDC.

The Capote Business Park’s inception is deeply rooted in the history of the Dyer family, who have been stewards of this land since the early 1960s. Phil Dyer, a key developer, recalls the area’s transformation from its agricultural past, where the community of Capote played a crucial role. The construction of the Pharr International Bridge and the strategic foresight of the Dyer family of this land transformation.

Originally a hub for agriculture, including vegetables, cotton, sugarcane, grain sorghum, and corn, the land has been in the Dyer family since around 1910. The park, now a modern architectural marvel, stands as a tribute to the area’s agrarian past and the family’s deep roots in the region. The latest addition to the park, a massive 160,000-square-foot building, represents the adaptability and forward-thinking design of the architects, the Warren Group.

The Capote Business Park is more than a commercial space; it’s the story of family, history, and community evolution. The park symbolizes a legacy of growth and adaptation, bridging the past, present, and future of the Capote community. For Phill, the business park is not just about buildings and infrastructure; it’s a living assortment of memories, honoring the land that once nurtured cotton and sugarcane fields.

This remarkable journey, from fertile fields to a successful business hub, showcases the dynamic and the amazing growth of Pharr, Texas. The Capote International Park demonstrates the region’s adaptability and economic resilience. It highlights the progress and blends the rich agricultural heritage with contemporary economic needs.

The Capote International Park has become a crucial element in the region’s economic landscape. It serves as a strategic node for businesses, especially those engaged in international trade and logistics, leveraging its proximity to Mexico and furthermore their unique location next to the Pharr International Bridge. This bridge is a symbolic gateway, enhances the city’s role in global commerce and reinforces its position as a key player in the North American trade corridor.

The park’s evolution reflects a larger trend in the Rio Grande Valley, where traditional industries are making way for modern economic ventures. This shift is driven by a growing recognition of the strategic location of Pharr, its access to international markets, and the need to diversify the local economy.

The foresight and commitment of the City of Pharr and the PEDC, along with the partnership of Ocotillo Capital Partners and other stakeholders, have been instrumental in this transformation. Their collaborative efforts have not only led to the creation of state-of-the-art facilities but have also attracted a diverse array of businesses, from logistics and distribution to high-tech industries. This diversification has created numerous job opportunities, fueled the region’s economic growth and enhanced the quality of life for its residents.

The story of Capote International Park is also a story of community engagement and development. The park’s growth has spurred numerous initiatives aimed at enhancing the local infrastructure, including roads, utilities, and other public services. This development has had a ripple effect, benefitted the surrounding communities and contributed to the overall development of the region.

The buildings within this park, encompassing over 1.1 million square feet, primarily serve as distribution centers. They play a crucial role in facilitating the movement of goods between the United States and Mexico. This includes not only finished products manufactured across Mexico, such as those from Maquiladoras, but also raw materials. A significant aspect of this distribution involves southbound products, particularly in the oil and gas sector, supporting Mexico’s exploration efforts.

Interestingly, while distribution is the primary use, some buildings also engage in light manufacturing, applying final touches to end products. However, the heart of the park remains rooted in distribution activities.

The journey of this business park began in 2007 with the delivery of the first large-scale building. Since then, consistent development has led to a full occupancy rate, with the exception of a current construction project offering available space.

The vision of the park was initiated by the founding family, where a father’s idea transformed into a partnership with his Phill, marking the beginning of this ambitious project. Over time, the family’s involvement deepened, with the next generation, represented by Nick and Ocotillo Capital Partners, taking forward the legacy. This new chapter sees them developing adjacent buildings and maintaining the family’s philosophy in the business.

The family’s hands-on approach is evident in their direct involvement in project management and maintenance, ensuring a deep personal connection with every aspect of the business park. This blend of family values with professional growth encapsulates the essence of Capote’s evolution, from a simple agricultural landscape to a thriving, family-run business park that seamlessly integrates distribution and light manufacturing, fostering economic growth and cross-border trade dynamics.

Josh Pollock, one of the general partners of Ocotillo Capital, brings a wealth of experience to the project. With over 13 years of expertise in real estate and real estate development, Josh has primarily focused his career on Texas but has also undertaken projects across the United States. His involvement in this venture stems from a shared belief with his partner, Phil and Nick Dyer, in the successful international trade, particularly between the U.S. and Mexico. They recognized the growing demand for dry warehouse facilities, driven in part by the U.S.-Mexico-Canada Agreement (USMCA).

While Ocotillo Capital’s journey into industrial building began in San Antonio before this project, the team’s formation in 2022 signaled a strong commitment to the industrial sector. Josh envisions the Rio Grande Valley as a strategic hub, comparing it to a blend of El Paso and Laredo, with growing potential in manufacturing, maquiladoras, and produce transport. He is enthusiastic about working in Pharr, acknowledging its business-friendly environment and promising prospects for the future.

The Park centers around the collaborative spirit and community involvement that have been key in the park’s development. A strategic figure in this narrative is Jose Manuel, the superintendent responsible for the upkeep of the buildings. His role extends beyond mere maintenance; he is regarded as a vital member of the team. His dedication and vigilance are indispensable, especially in the absence of Phil Dyer and his son Nick. This effort, where responsibilities are shared, allows each member to focus on their strengths, with Nick handling more challenging tasks and Phil enjoying the construction aspects he is passionate about.

The relationship with the local government and organizations has been a cornerstone of the park’s success. The partnership with the Pharr Economic Development Corporation (PHARR EDC) and the City of Pharr has been instrumental. Compliance with city planning, zoning, and utility requirements underscores the park’s commitment to adhering to local regulations. The support from these entities, particularly in the early stages, was crucial. Initial infrastructure assistance, like water and sewer services, provided the necessary foundation for the first buildings. As the business park became self-sufficient, this financial support was redirected to aid other emerging ventures, reflecting a sense of community and mutual growth.

As Phill said, the ongoing collaboration with Victor Pérez and his team at the PHARR EDC has been beneficial, not only in terms of infrastructure but also in networking and attracting tenants. The business park maintains an open dialogue with various stakeholders, which has been a key factor in achieving full occupancy for the buildings.

Written by Roberto Hugo González, The 2009 SBA Journalist of the Year Award Winner & The 2009 and 2012 Paul Harris Award recipient.

Pharr EDC’s Sinergias Initiative: A Trigger for Industry Growth and Cross-Border Collaboration

Under the strategic leadership of Victor Pérez, President and CEO of the Pharr Economic Development Corporation (EDC), and his dynamic team, Pharr EDC has embarked on an innovative journey with its “Sinergias” initiative. This program represents a fundamental shift from focusing predominantly on Mexico-centered bilateral relations to embracing a broader market engagement approach.

Read more on the Texas Border Business website.

Pharr EDC’s Sinergias Initiative: A Trigger for Industry Growth and Cross-Border Collaboration

 

 

PSJA ISD students attend Manufacturing Day event

Pharr-San-Juan-Alamo Independent School District students recently attended the City of Pharr’s third annual Manufacturing Day, hosted at the Pharr Development and Research Center to celebrate National Manufacturing Day.

The event featured a talk by Victor Perez, President and CEO of the Pharr Economic Development Corporation. Students had the opportunity to engage with industry professionals, participate in panel discussions with higher education partners and manufacturing companies.

David Ortiz, Regional Director of the Texas Manufacturing Assistance Center at UTRGV, emphasized that the new generation’s ability to learn quickly and their access to vast information due to technology could bridge the skills gap.

Read more at Valley Central

https://www.valleycentral.com/news/local-news/psja-isd-students-to-attend-city-of-pharrs-3rd-annual-manufacturing-day-event/

WinTex Tooling Technologies Announces Rebrand, Company’s Continuation in Pharr, Texas

Pharr, Texas – WinTex Tooling Technologies, previously known as Windsor Mold Texas, announces its company name change and rebrand, after its parent company, Windsor Mold Group was sold in March 2023.

The Pharr, Texas, plant is the only location that was excluded from the sale, which led to the company name change and rebrand as WinTex Tooling Technologies (WinTex). WinTex assures its customer base that it will continue operating with the same operational team and the same quality level of service as it has been for more than 30 years.
“WinTex Tooling Technologies will continue to serve all our customers with the same quality and on-time delivery moving forward,” said WinTex General Manager Stew McKee. “The team here at WinTex remains the same and are commited and ready for the next 30 years here in Pharr, Texas,” he added.

“We have had a productive and symbiotic relationship with Windsor Mold Texas here in Pharr and have witnessed its successful growth and development over the past 30 years,” said Pharr Economic Development Corporation President and CEO Victor Perez. “We are happy to hear that WinTex’s continuity of services will remain, and we wish them the best,” he added.

WinTex manufactures and repairs plastic injection molds and its customers base includes Stanley Black and Decker, Technimark, Royal Technologies, Maxi-Lift (Dallas), Starplast (Houston), Marmon Food Services, Elring Klinger (San Antonio) EMU Plastics, Kings ECO Plastics. The company began in Pharr in 1989 in a 4,000 sq. ft. facility, and expanded its plant in 1993 to 14,000 sq. ft. WinTex employees 24 full-time employees.

For more information, visit htps://wintextooling.com/

 

Nearshoring: A Game-Changer in Global Trade and Geopolitics

Nearshoring, the practice of relocating business operations to neighboring countries, is revolutionizing global trade. This strategy offers benefits like reduced logistics costs and enhanced supply chain resilience. Mexico is emerging as a prime nearshoring partner for U.S. companies due to its proximity and trade agreements. Geopolitically, nearshoring is reducing reliance on China, triggering legislative actions, and reshaping global trade dynamics.

However, nearshoring faces challenges like border infrastructure and trade complexities. Investments in infrastructure, supply chain transparency, and cooperation are crucial to navigate this landscape. In conclusion, nearshoring is a transformative force with promising U.S. and Mexican trade prospects.

Read more on the Texas Border Business website.

Nearshoring Trends, Advantages, and Geopolitical Implications

Pharr’s Industrial and Investment Tour: A Day of Opportunities

Pharr EDC and RGV Partnership recently hosted an event at Tierra del Sol Golf Course, highlighting Pharr’s potential as an industrial hub. Key speakers, including Victor Pérez, discussed “nearshoring” and its significance.

Attendees toured Pharr’s industrial parks, gaining practical insights. Plans for future summits and collaborations were announced. The event showcased Pharr’s investment opportunities and the role of partnerships in regional development. It solidified Pharr’s position as a leader in industrial progress.

Read more on the Texas Border Business website.

Pharr’s Industrial and Investment Tour, A Convergence of Opportunity and Innovation

Pharr EDC Launches Support For Cross-Border Investors

The Pharr EDC launched the Pharr Economic Initiative, and paved the way for investors in Mexico to take advantage of the business opportunities right across the border, with a highly successful 1a Cumbre de Negocios in July 2023.

The summit, held in Monterrey, Nuevo Leon, Mexico, brought together investors in Mexico, the Pharr EDC, and their relevant partners to help investors facilitate the process of nearshoring operations in Pharr.

The summit addressed some of the biggest obstacles and questions facing Mexican investors who wish to expand their businesses across the border, and highlighted Pharr as a strategic partner in this endeavor.

Topics of the summit included the following:

Expanding the bridget between Pharr and Mexico
Development of strategic infrastructure such as storage and warehousing
Immigrant and non-immigrant visas
Customs regulations and considerations

The successful summit generated abundant interest and inquiries from potential investors. As the first step in the Pharr EDC’s initiative to promote the city as an ideal location for nearshoring ventures and international business expansion, the summit will be followed by additional resources and another summit.

Pharr President and CEO Victor Pérez also revealed Pharr EDC plans to partner with the University of Texas RGV to develop robust resources, such as legal aid, for international investors.

The goal of the initiative is not only to support Pharr but to expand economic opportunities throughout the entire region, creating mutually beneficial partnerships and encouraging economic and business growth.

Find below the complete article with the Texas Border Business.

Launch of the Pharr Economic Initiative, Forging Cross-Border Business Alliances and Nearshoring Prospects

Pharr EDC Earns Community Economic Development Award

 

For their role in Pharr’s broadband initiative, TeamPharr.net, the Pharr EDC earned a Community Development Award (CEDA) from the Texas Economic Development Council (TEDC) on October 20.

A collaborative project between the City of Pharr and the Pharr EDC, TeamPharr.net serves as an innovative and affordable way to connect families within Pharr to online opportunities such as school, work, and healthcare.

The Pharr EDC earned their CEDA award in the category of Secondary Benefits, and earned merit recognition for outstanding achievements in Economic Development.

“There was a lot of good competition in the category for Pharr,” says Raudel Garza, TEDC Board Member. “What made Pharr stand out is that it was very unique in its outreach to the community.”

Pharr’s broadband project is now serving as a model for other communities who are looking into their options for creating broadband connectivity. The Pharr EDC provided the funding that made TeamPharr.net possible.

“I’m very proud of the EDC and also the city of Pharr, for all its leadership,” says Pharr Mayor Dr. Ambrosio Hernandez,  “for thinking ahead, for thinking not only about business but also about community development, where everybody can win.”

For Pharr EDC President, Victor Perez, this type of collaborative community outreach is the perfect example of what makes Pharr a growing city.

“The mayor is a very visionary person,” he says. “He believes in partnerships, and that’s how we get things done. The City of Pharr is on the rise.”

The TEDC fosters a positive business climate in Texas and is the largest state economic development association in the nation.
To learn more about this award, watch this video.

Economic Times Newsletter – 2nd Quarter 2022

Welcome to the 2nd Quarter Edition of the 2022 Pharr Economic Times Newsletter! On behalf of our board, staff, and members at the Pharr EDC, we thank you for your continued support and business. It has been another successful and busy quarter, and we are excited to share our many exciting economic development projects and news with you.

Pharr EDC Participates in A Groundbreaking Connectivity Project

When Pharr found itself labeled as one of the “worst connected” cities in the United States, while still unable to access federal funding to fix the problem, it took creating a solution into its own hands.

Pharr’s solution consists of creatively using many resources from right within the city to create connectivity for low-income houses, often for free or at a low cost. These resources include the following:

  • Marketing the federal Affordable Connectivity Program that provides certain households with free access to broadband
  • Getting funding for a financial feasibility study from BBVA Bank
  • Using a Cambium wireless network platform to connect 50 households
  • Developing a strong network of partners to implement a fiber-to-the-home connectivity plan

The fiber project is Pharr’s ultimate goal. And, in order to make it a reality, the city needed funding alongside the support of its many partners. In order to obtain that funding, the city used revenue bonds and money from the American Rescue Plan Act, preventing the city from needing to raise property taxes or the burden on the households it was trying to help.

Pharr’s partner in securing the funding for the FTTH project? The Pharr EDC.

“The City of Pharr is innovative, and when the idea came up, the Pharr EDC was happy to partner with the city to bring broadband to our residents,” says Victor Perez, Pharr EDC President/CEO in a BroadBand Community news article.

Thanks to the funding and partnerships obtained by Pharr, the city is now in the process of creating fiber access to the Internet in its third neighborhood and providing marketing to make residents aware of their access to the Internet.

Pharr’s connectivity solutions are supporting residents, are part of its efforts to attract new business to the city, and are inspiring other cities to pursue their own fiber network solutions to bridge the digital divide.

Pharr EDC Delivers 1 Million Square Feet of Warehouse Space in Pharr

Encouraged by the Pharr EDC’s business-friendly approach, incentives, and packages, produce companies Delta Fresh and Kaliroy Fresh have collaborated to build 1 million square feet of produce storage space in South Pharr.

In an interview with the Rio Grande Guardian, William Millan, project manager of the new space, called Dekal Industrial Park, credited Pharr’s location near Mexico and the Pharr EDC’s commitment to making business investments in the city easy, as the reasons the project chose Pharr for its location.

The project marks a massive addition of warehouse space to the refrigerated warehouses the two produce companies already own in Pharr. It will consist of a mix of dry, frozen, and refrigerated space to meet client needs. The first warehouse in the new space should be completed next year.

Victor Perez, Executive Director of Pharr EDC, in the same interview, also announced several new projects that the Pharr EDC has brought into the city. These include the following:

  • A 150,000 square foot warehouse
  • A Tractor Supply groundbreaking
  • A McDonald’s groundbreaking
  • A Triple H expansion

Perez noted that the Pharr EDC never refuses new business, and never stops striving to bring in the business and growth that benefits Pharr.

“We’re here to do business with them,” he said.” We don’t turn projects away. We incentivize as much as we can. That is what we are known for. We want to make sure they [Businesses] feel comfortable that they have been treated right and given the best opportunity for them to succeed.”

Santos unveils Pharr EDC Foundation’s new initiatives

PHARR, Texas – The Pharr EDC Foundation is a nonprofit organization that provides scholarship opportunities for graduating students residing in the city of Pharr.

Its mission statement is to “support and promote endeavors that foster educational, occupational, and career opportunities for Pharr residents to advance their socioeconomic status and enhance their quality of life.”

Lilvette Santos is the director of the Pharr EDC Foundation. She recently sat down with Rio Grande Guardian International News Service editor and publisher Steve Taylor to discuss the foundation’s work. She unveiled some of the new initiatives the foundation will be embarking on in the coming months.

Pharr EDC Foundation Awards Over 120 Scholarships During Awards Ceremony

Pharr, Texas – On April 30, 2021, the Pharr EDC Foundation held their inaugural Scholarship Awards Ceremony and recognized over 120 scholarship recipients from throughout Pharr.

“It was truly an amazing evening as we recognized these outstanding young men and women for their educational accomplishments and aspirations,” said Victor Perez, President of the Pharr EDC Foundation and Executive Director of the Pharr EDC. “Through our scholarship, these students will now have the financial means to continue their higher education goals, and we are proud to be able to help our community and make this possible,” he added.

The Pharr EDC Foundation awarded over 120 scholarships, each at $2,000 ($1,000 per semester) for one academic year. The scholarship fund was created for students who are enrolling in a qualifying post-secondary institution.

“We had an amazing submission of applicants each who were equally outstanding and I would especially like to thank our Pharr EDC Foundation Board for their incredible work in choosing our inaugural scholarship recipients,” said Mayor Ambrosio Hernandez, M.D. who serves as the Pharr EDC Foundation Board Treasurer. “This scholarship will assist many students in achieving their academic goals through financial assistance and in the long run, it will help our economy grow and prosper,” continued Hernandez.

Students from the following districts were selected as scholarship recipients: PSJA North Early College High School, PSJA Southwest Early College High School, PSJA Thomas Jefferson T-STEM Early College High School, PSJA Early College High School, PSJA Memorial Early College High School, Vanguard Academy Rembrandt, Valley View High School, Hidalgo Early College High School, South Texas ISD Health Professions, South Texas ISD World Scholars, IDEA Pharr, IDEA Edinburg, IDEA Donna, and Premier High School.

The Pharr EDC Foundation awarded scholarships to the Class of 2021 as well as to eligible students from the Class of 2020. The scholarship supports students attending a higher education institution at all levels, whether for a trade or technical degree or a four-year university.

 


View more recipients in our Facebook gallery. 

Pharr EDC Foundation Announces Scholarship Program for Pharr Students

The Pharr EDC Foundation, in partnership with the Pharr Economic Development Corporation (EDC) and the City of Pharr, is proud to announce that scholarship applications are now available for Pharr students.

The Pharr EDC Foundation will award a total of 150 scholarships, each at $2,000 ($1,000 per semester) for one academic year. Applications are available online at http://pharredc.com/foundation or can be picked up at the Pharr EDC (1215 S. Cage Blvd) in Pharr Monday through Friday between 8 am – 5 pm. The deadline to submit an application is Monday, April 12, 2021, by 5 pm.

“We are excited to open the Pharr EDC Foundation Scholarship to our Pharr community,” said Victor Perez, President of the Pharr EDC Foundation and Executive Director of the Pharr EDC. “There are many outstanding students in Pharr who are continuing their educational studies, but find themselves in need of financial assistance,” he added. “Our goal is to ensure that no student has to put their education on hold as they confront these challenges,” Perez continued.

The Scholarship Fund of the Pharr EDC Foundation was created for residents of the City of Pharr who are enrolling in a qualifying post-secondary institution. In order to apply for the Pharr EDC Foundation Scholarship, a candidate must meet the following requirements:

  • Reside in the City of Pharr
  • Be a current high school student graduating during the 2020-2021 school year
  • Have maintained a grade point average of at least 2.5
  • Submit completed application, essay/personal statement, and required documents no later than April 12, 2021

Completed applications should be submitted to [email protected].

An Advisory Committee composed of Foundation Board Members will review the applications and recommend recipients to the full Foundation Board of Directors. The Pharr EDC Foundation shall notify the chosen scholarship recipient(s) of its decision. All scholarship checks will be processed in a timely manner. Scholarship awards can be used for tuition, room & board, books, or other supplies.

The Pharr EDC Foundation is committed to supporting Pharr students’ achieve their educational and career dreams by helping them pay for college at all levels, whether it is for a trade or technical degree or a four-year university.

For more information about the application or should you have any questions, please contact Karina Lopez, Economic Development Manager at (956) 402-4332 or email [email protected].

Most Affordable City to Retire In

Spend more time enjoying your golden years and less time worrying about financing them when you retire to Pharr. Rated the cheapest place to retire in the nation, Pharr offers you great entertainment, housing, and community you can actually afford!

High-Demand For Plasma

DHR Health Institute for Research and Development is facilitating the donation of plasma from recovered and suspected COVID-19 patients. Due to the critical increase in COVID-19 hospitalizations in the Rio Grande Valley, donated plasma will be used to treat patients in local hospitals who are fighting severe and life-threatening COVID-19 infections.

All eligible donors will undergo an antibody test during screening to determine the presence of antibodies in their blood. These results will be shared with the participant.

There is no cost to participate, and if eligible, you will be provided with compensation for your participation. If interested, please call (956) 215-3166 or (504) 444-2318.

SBA’s Economic Injury Disaster Loans and Advance Program Reopened

WASHINGTON – To further meet the needs of U.S. small businesses and non-profits, the U.S. Small Business Administration reopened the Economic Injury Disaster Loan (EIDL) and EIDL Advance program portal to all eligible applicants experiencing economic impacts due to COVID-19 today.

“The SBA is strongly committed to working around the clock, providing dedicated emergency assistance to the small businesses and non-profits that are facing economic disruption due to the COVID-19 impact.  With the reopening of the EIDL assistance and EIDL Advance application portal to all new applicants, additional small businesses and non-profits will be able to receive these long-term, low-interest loans and emergency grants – reducing the economic impacts for their businesses, employees and communities they support,” said SBA Administrator Jovita Carranza.  “Since EIDL assistance due to the pandemic first became available to small businesses located in every state and territory, SBA has worked to provide the greatest amount of emergency economic relief possible.  To meet the unprecedented need, the SBA has made numerous improvements to the application and loan closing process, including deploying new technology and automated tools.

SBA’s EIDL program offers long-term, low interest assistance for a small business or non-profit.  These loans can provide vital economic support to help alleviate temporary loss of revenue.  EIDL assistance can be used to cover payroll and inventory, pay debt or fund other expenses.  Additionally, the EIDL Advance will provide up to $10,000 ($1,000 per employee) of emergency economic relief to businesses that are currently experiencing temporary difficulties, and these emergency grants do not have to be repaid.

SBA’s COVID-19 Economic Injury Disaster Loan (EIDL) and EIDL Advance

  • The SBA is offering low interest federal disaster loans for working capital to small businesses and non-profit organizations that are suffering substantial economic injury as a result of COVID-19 in all U.S. states, Washington D.C., and territories.
  • These loans may be used to pay debts, payroll, accounts payable and other bills that can’t be paid because of the disaster’s impact, and that are not already covered by a Paycheck Protection Program loan. The interest rate is 3.75% for small businesses.  The interest rate for non-profits is 2.75%.
  • To keep payments affordable for small businesses, SBA offers loans with long repayment terms, up to a maximum of 30 years. Plus, the first payment is deferred for one year.
  • In addition, small businesses and non-profits may request, as part of their loan application, an EIDL Advance of up to $10,000. The EIDL Advance is designed to provide emergency economic relief to businesses that are currently experiencing a temporary loss of revenue.  This advance will not have to be repaid, and small businesses may receive an advance even if they are not approved for a loan.
  • SBA’s EIDL and EIDL Advance are just one piece of the expanded focus of the federal government’s coordinated response.
  • The SBA is also assisting small businesses and non-profits with access to the federal forgivable loan program, the Paycheck Protection Program, which is currently accepting applications until June 30, 2020.

For additional information, please visit the SBA disaster assistance website at SBA.gov/Disaster.

 

About the U.S. Small Business Administration

The U.S. Small Business Administration makes the American dream of business ownership a reality. As the only go-to resource and voice for small businesses backed by the strength of the federal government, the SBA empowers entrepreneurs and small business owners with the resources and support they need to start, grow or expand their businesses, or recover from a declared disaster. It delivers services through an extensive network of SBA field offices and partnerships with public and private organizations. To learn more, visit www.sba.gov

 

Pharr Launches Business Impact Survey to Measure Impact of COVID-19 on Local Economy

Pharr, Texas – The City of Pharr in collaboration with the Pharr EDC and the Greater Pharr Chamber of Commerce announced that they have launched a Business Impact Survey to measure the impact of COVID-19 on local businesses and the community.

“Our local businesses are the lifeline of our economy, and we rely on our local business community to provide us with goods, services, entertainment, and products that fulfill our needs, feed our families, and enhance our livelihood,” said Mayor Ambrosio Hernandez, M.D. “Many of our local businesses are suffering right now due to COVID-19 and although many have adapted to implement the current orders and social distancing initiatives, there are still many who have had to completely shut down their operations or switch to online or other delivery methods,” Hernandez continued. “Through this survey, we hope to gauge the needs of our community so that we can work together to assess the impact, prepare for recovery, and plan for the future,” he added.

The online survey has been sent to local businesses to ensure that the city has an accurate reflection of how businesses are coping, how hard they have been impacted, if they have the means to recover and continue operations, and to measure others issues that have come up as a result of adjusting business operations.

 

“Pharr has been proactive since the start of COVID-19, and we have been working closely with our local, state, and federal legislators on all levels, including keeping our local businesses informed of any economic assistance that may be available,” stated Victor Perez, Pharr EDC Executive Director.  “This is an especially tough situation for many businesses as they have had to change their normal operations, while also tending to the personal and financial impact caused to their employees and business,” he added. “As we continue to gather information from our local business leaders, we will be analyzing information and data collected to help guide future policy decisions and relief efforts,” said Perez.

City officials are doing all they can to help mitigate the spread of COVID-19 in the community and urge Pharr residents and businesses to heed the guidance of federal, state, and local authorities to continue practice social distancing as we all work to stop the spread of the coronavirus.

“Pharr is a resilient community and we want our residents and businesses to know that we are all in this together, and we will get through this together,” added Mayor Hernandez. “We will continue to fight this invisible enemy, while also continuing to fight for more resources, funding, and assistance to ensure that our community remains safe and that our local businesses and economy will continue to thrive,” he said.

The City of Pharr will use data collected from the survey to analyze the impacts on the local economy and to continue advocating for more assistance to help local businesses get back to business.

Economic Times Newsletter – 4th Quarter 2019

The City of Pharr had an exceptional 2019! On behalf of the Pharr EDC Board, and staff, we thank you for your continued support and business. We wrapped up the year hosting several events in partnership with the community, Workforce Solutions, and PSJA ISD.

Highlights from this newsletter include the 25th Anniversary Celebration of the Pharr International Bridge, Binational Conferences, the 5th Annual Women’s Empowerment Conference, and Business Development Seminars.

Economic Times Newsletter – 3rd Quarter 2018

The Pharr Economic Development Corporation has been busy promoting our city’s economic opportunities, celebrating the opening of new businesses, and working with our local regional, state, and federal partners to advocate for projects and programs that directly impact our region and city.

Economic Times Newsletter – 2nd Quarter 2018

We are halfway through 2018, and our economy in Pharr continues to thrive. Our focus this quarter has been working on economic development projects of regional significance, welcoming many new businesses to our area, and continuing to support efforts to promote workforce development and job readiness.

Economic Times Newsletter -1st Quarter 2018

The first quarter of 2018 was a very active and exciting one for us at the Pharr EDC. In February, I celebrated my one year anniversary of my appointment as President and CEO of the Pharr EDC. Together, we have shared many accomplishments in serving the business community and contributing to our local economy.

Economic Times Newsletter – 4th Quarter 2017

We have been busy at the Pharr Economic Development Corporation since our last newsletter, welcoming many new businesses, celebrating groundbreakings, working with our international partners, and continuing to expand opportunities for our residents to enjoy a better quality of life—at home and around our great City of Pharr! Here at the Pharr EDC, we are on the trajectory of expansion, working closely with our community, regional partners, businesses, and future investors to continue to build this city! As always, we thank you for your support and business and we cannot wait to share the many new developments and projects we have been working on with you!

Economic Times Newsletter – October 2017

As the President & CEO of the Pharr Economic Development Corporation, I would like to thank you for your continued partnership, business, and investment in our great city. We have experienced tremendous growth over the years and in Pharr, your business is “our business”! At the Pharr EDC we work hard to ensure you have every tool to be successful and thriving in the market, that is why we are proud to announce the launch of our new Pharr EDC “Economic Times Newsletter” which will help keep you abreast of all current EDC projects and events occurring in the community and beyond. Our priority at the Pharr EDC is the success of our businesses and companies, continued growth of our city, quality of life of our residents, and capitalizing on our unique global marketplace. We hope this will serve as a useful resource in highlighting our regional, state, and international economic development projects!

Featured Business: Dairy Queen

Dairy Queen is a well known business that has been serving the Rio Grande valley for the past 20 years. Dairy Queen takes pride in our customer service and our goal is to serve our customer with honesty and integrity in all transactions.

Featured Business: Junction Cafe

Junction Cafe is a family owned Business that has been serving the Rio Grande valley for the past 15 years. Junction Cafe takes pride in our customer service and our goal is to serve our customer with honesty and integrity in all transactions.

Pharr Puts Public Safety First

The city of Pharr is dedicated to improving the overall quality of life for our citizens. This is why we, in collaboration with South Texas College (STC) and the Pharr-San Juan-Alamo Independent School District (PSJA ISD), are working diligently to bring the highly anticipated Regional Center for Public Safety Excellence to fruition.

 

Pharr Hosts British Consul

Collaboration and innovation is at the heart of everything taking place in Pharr.

That was the message Pharr Mayor Dr. Ambrosio Hernandez wanted to convey to delegates from the United Kingdom earlier this week.

The City of Pharr welcomed British Consul General Karen Bell on Oct. 13. The consul was making a whirlwind trip through the region, and was especially enthusiastic about development taking place at the Pharr International Bridge.

The consul was the guest of honor at a breakfast organized by Pharr officials who used the time to brief her on the economic impact and infrastructure development currently taking place at the bridge.BritishCouncilKarenBellVisit-2

In attendance at the meeting was Mayor Hernandez, Mexican Consul based in McAllen Guillermo Ordorica Robles, Pharr EDC interim executive director Sergio Contreras, interim bridge director Luis Bazan, and Bridge Board chairman Edgar Delgadillo.

“You have a phenomenal scale of ambition in terms of your infrastructure plans. I’d be interested to hear how the financing for that works and whether there are opportunities for other international partners to come in an offer advice,” Bell said at the meeting with Pharr leaders. “We are ready to provide opportunities for growing trade in both directions using this partnership between Texas and Mexico.”

Appointed in July, Consul General Bell represents the UK in Texas, Oklahoma, Louisiana and Arkansas. Based in Houston, Bell is spearheading a number of projects currently underway in her consulate including a trade mission to London this December for US financial technology companies, and an MOU signed between the UK Satellite Applications Catapult and Houston Airport System, marking the UK as the first international partner for Houston’s commercial spaceport.

Her visit to the Valley was a mission to gauge the area’s economic growth and educational impact in communities. In Pharr, Bell was made aware that the city’s bridge is currently the number one Port of Entry for produce in the United States.

BritishCouncilKarenBellVisit-1“This is part of the reason that we wanted to see what is happening here on the ground. Certainly, the scale at which you are growing has redoubled my enthusiasm for the understanding that we can and should be doing more to promote UK participation,” Bell said. “Whether it’s getting traffic across the bridge, whether it’s in terms of helping you to think about financing if that’s an issue because public-private partnerships is something that we have developed quite an expertise for. If there is something more we can be doing in terms of the planning and development of the project as you move ahead, doubling the capacity of the bridge is an enormous engineering feat apart from everything else.”

Pharr International Bridge crosses about 60 percent of all fresh produce coming into the U.S. from Mexico. In 2014 alone, Pharr accommodated $30 billion worth of trade with the world and 2015 looks to top that figure. The bridge is conducting a new study for 2016, and officials at the bridge say that number will climb to possibly $37 billion, which is record-breaking growth, according to Pharr leaders.

“At the heart of everything is collaboration and innovation,” said mayor Hernandez in his remarks to the Consul. “You can see it here. It has worked wonderfully with the government of Mexico. We are happy to have you here, and wanted to make sure you saw first-hand, the growth that is going to occur in this area. We have a wonderful partner to the south of us. On behalf of the mayor’s office, we are very glad to have you here today.”

The New Normal in Pharr

In Pharr, good development follows good development, according to the city’s economic leaders.

The City of Pharr unveiled three new businesses which will open adjacent to Costco on the corner of Kelly Avenue and Jackson Road.
Freddy’s Frozen Custard and Steakburgers is planning to open its first restaurant in the Valley by Sept 1. Also announced was a Raising Canes, restaurant establishment; as well as a new Chick-Fil-A.

Freddy’s is a Wichita-based restaurant chain featuring cooked to order steak burgers as well as casual dining fare like hot dogs, chicken tenders and patty melts. The restaurant’s namesake refers to its popular custard, a type of ice cream made with two percent egg yolk, that is made fresh hourly, according to chain operators.

“From the heart I want to say that this is the best reception so far. There is more to come with the unveiling of the street signs, but I am very excited to be down here” said James Oberg, owner and operator of South Texas Custard LTD, a Freddy’s franchise group based in San Antonio. “We are very community oriented. We back the schools. We do fundraisers and we are very accessible to people along with great quality food, a great family environment.

“We want to be a part of the community,” Oberg said.
The announcement is part of the initial investment which began with Costco’s opening in 2013. The new businesses will be located on 40 acres north of Costco and will represent more than $15 million worth of investment in land value and related improvements. The city is also forecasting between $12 million to $15 million in sales tax revenue, and 30 to 75 jobs created in the project’s first phase.
That investment will be combined with revenue from sites all located within a three-quarter mile radius; namely, Pharr Town Center, a mall, as well as burgeoning development taking place to the south of Pharr.

“That’s not by accident,” said Pharr City Manager Fred Sandoval. “Good development follows good development. Good leadership provides good development. Good stewardship of tax dollars allows that investment to occur. This return on our investment is what we use to pave streets, to lower taxes, to provide safe water and provide the quality of life that our taxpayers deserve.”

Pharr EDC Elects Officers

The Pharr Economic Development Corporation, in its regular meeting Monday, June 1st, elected board officers; and presented contract terms to Fred Sandoval for a position as the corporation’s Executive Director.

Board members elected to serve in official positions are:

  • Mayor, Dr. Ambrosio Hernandez – President
  • Dr. Ramiro Caballero – Vice President
  • Commissioner Edmund Maldonado – Secretary
  • Mr. Danny Smith – Treasurer

Following the meeting, Mayor Hernandez stated the importance of the Pharr Economic Development Board and the Pharr City Commission working together.

“We are moving forward together,” the Mayor said, “to do what is in the best interest of our city. And that is deciding what needs to be done and working with the City Commission to make Pharr the best it can be.”

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