With booming agriculture and produce industries, an outstanding infrastructure for transportation and distribution, and rapid growth in the energy, retail, finance, healthcare, and technology sectors, Pharr has one of the most vibrant economies in the region.
An international hub for produce storage and distribution.
As home to one of the most efficient border crossings in the country, Pharr is at the center of a flourishing agriculture industry. The Pharr-Reynosa International Bridge is the #1 produce crossing in the U.S. Businesses also benefit from the surrounding infrastructure, which includes industrial parks, cold storage units, temperature-controlled truck inspection facilities, and an entomology lab.
Where growing retail businesses succeed.
Pharr’s infrastructure, diverse business environment, and proximity to international markets attracts a variety of retailers, large and small. For future development, Pharr is focusing on retailers that will set it apart from other regional markets. With several new retailers unique to the area, the new Pharr Town Center is set to become a major retail destination in the Rio Grande Valley.
A healthy and strong financial services industry.
Texas is the #1 state in the U.S. for credit and consumer lending sector employment. A strong financial industry gives businesses access to benefits such as affordable capital and increased global trade. It also provides investors with a variety of products to increase return and manage risk. The Texas financial services industry remains healthy and is expected to continue to grow in the future.
Investing in local innovation and technology.
The Pharr Technology Incubator is a fresh and innovative program that allows technology startups to grow and thrive. With over 7,500 square feet of office space, the Pharr Innovation Labs gives local startups access to state-of-the-art equipment and technology. The City of Pharr provides an affordable place for technology startups, as the rental cost is only 25 cents per square foot.
Providing state-of-the-art healthcare to the community.
Residents in Pharr can benefit from top-tier healthcare facilities in the area. The nearby Rio Grande Regional Hospital offers a full range of diagnostic and treatment services. Valley Baptist Medical Center is the primary referral hospital for comprehensive and subspecialty care in South Texas. Doctors Hospital at Renaissance offers some of the most comprehensive medical care on the U.S. southern border.
Convenient access to key international points of entry.
Access to multiple points of entry is a critical consideration for businesses specializing in international trade. The Pharr-Reynosa International Bridge connects US 281 to the city of Reynosa, one of the fastest growing cities in Latin America. The City of Pharr provides direct access to several major roadways and bridges, making it one of the most attractive logistical points in the region.
Send us your contact and get Pharr Market Profile Brochure
English
Spanish