Edinburg EDC Meeting Report for July, 24, 2018

The Board of Directors of the Edinburg Economic Development Corporation (EEDC) met for a regular meeting on Tuesday, July 24, 2018, and considered an agenda that included the following highlights: 

Board Approves Contract with The Canvass Group


 

 

 

The EEDC Board approved an agreement with The Canvass Group (TCG) for Retail Market Analysis and Real Estate Consulting. TCG is a full-service commercial real estate consulting and brokerage firm specializing in retail, specifically in-depth market analysis, strategic planning, and specialty leasing. “With effective market analysis and research, the EEDC can gain invaluable information about economic shifts, demographics, current market trends and the spending traits of customers,” said Joey Treviño, EEDC Executive Director. “We want to continue to position Edinburg as a retail destination for shoppers, visitors, and the community. Having an insight into the retail market and traits will allow us to gather data which will help us as we make important economic development decisions in the future.”

Update on the Edinburg Transit Terminal Project

 

 

 

 

The EEDC Board of Directors received an update on the Edinburg Transit Terminal from representatives working on the project including Davila Construction, Negrete & Kolar Architects, Valley Metro, and Tom Reyna, Public Works Director for the City of Edinburg. The facility is now 50% complete and is scheduled to be completed in March 2019. The approximately 15,000 square foot facility will include public transit services, office space, retail space, and it will also serve as the new home of Valley Metro. The city also hopes to provide office space at this facility for legislative officials including Congressman Vicente Gonzalez, State Representative Terry Canales, and State Senator Juan “Chuy” Hinojosa, among others. “This facility is all about accessibility, multi-purpose functionality, and partnerships,” stated Mayor Richard Molina. “This is the perfect and central location for our legislative leaders, for organizations, and serves to continue our work in revitalizing downtown Edinburg—the heart of our city.”

EEDC Moves Forward on Workforce Training Center

The City of Edinburg and EEDC have been proactively working to develop a Workforce Training Resource Center in the city. That project is now one step closer to fruition.. The center will serve in developing workforce opportunities for the community including adult and youth apprenticeship programs, workforce trainings, business software courses, and certification programs for in-demand trade professions such as water/wastewater treatment. “This is a wonderful opportunity to continue to provide educational opportunities to our community,” said David Torres, EEDC Director and Mayor Pro-Tem. “We are the educational hub of the Rio Grande Valley and in working with partners such as Workforce Solutions, we have identified various trade skills which are in demand, but not readily available. This partnership that we have formed will allow us to work together to build our workforce and continue to provide educational opportunities not only to our community, but those across the region.”

EGV Architects, Inc. Selected for the El Tule Project

 

 

 

 

The old El Tule Building, which was demolished earlier this year, will now serve as the site location for a new indoor recreational facility and sports park. EGV Architects, Inc. was selected to assist the city in creating a schematic design. They are a HUB certified architectural firm that specializes in the planning, and design of functional, aesthetically pleasing, and safe projects. “We are excited to provide more recreational opportunities to our Edinburg community,” said Joey Treviño, EEDC Executive Director. “Quality of life is important to our city leaders, to our board, and it is what our community and children deserve. We look forward to working on this project and creating a space that can be enjoyed by our entire community year-round.”

SBA Gives Recovery Assistance Overview for Businesses Affected by Recent Flooding

 

 

 

Corey Williams, Public Information Officer for the U.S. Small Business Administration (SBA) gave a presentation to the EEDC Board regarding the SBA’s ongoing efforts to assist businesses and individuals who were affected by the flooding that occurred in June. The SBA offers federal low-interest disaster loans to businesses of all sizes, most private nonprofit organizations, homeowners, and renters. Businesses of any size may borrow up to $2 million to repair/replace disaster property damage. Williams emphasized the SBA’s partnership with FEMA and their ability to provide Low Interests Disaster Assistance Loans to eligible applicants. SBA disaster loans are the primary source of money to pay for repair or replacement costs not fully covered by insurance or other compensation. “SBA stands ready to assist the business owners of Edinburg that were affected by the floods in late June,” stated Williams. “ We have offices in Mission, McAllen, and a Business Recovery Center in Weslaco that are open to the public, we encourage anyone, especially business owners who were affected by the flooding, to visit or call our offices to begin the recovery assistance process.”

The Board of Directors of the Edinburg Economic Development Corporation meets every fourth Tuesday of the month at Edinburg City Council Chambers (415 W. University Drive, Edinburg, Texas). Meeting agendas are posted online at http://edinburgedc.com/meetings-agendas/, and meetings are streamed online at http://www.cityofedinburg.com/ecnlive.php.