Author: pharr edc

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

Posted on August 29, 2024 by pharr edc - Uncategorized

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.

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

Posted on August 6, 2024 by pharr edc - Uncategorized

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

Posted on August 6, 2024 by pharr edc - Uncategorized

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

Posted on August 6, 2024 by pharr edc - News

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

Posted on August 6, 2024 by pharr edc - Foundation, News

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

Posted on August 6, 2024 by pharr edc - News

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.