Binning Hospitality LLC to Redevelop Existing Properties at 4001 S. Closner Blvd. into a Staybridge Suites and Holiday Inn, Creating 47 Full-Time Jobs
EDINBURG, Texas — The Edinburg Economic Development Corporation (EEDC) today announced a landmark investment in the city’s hospitality and tourism sector: a proposed $18–$20 million IHG dual-brand hotel development by Binning Hospitality LLC, led by owners Kamaldeep Gill and Kulwinder Binning. The project will completely redevelop the existing Comfort Inn and MainStay Suites located at 4001 S. Closner Blvd., Buildings A & B, marking a transformational milestone as a full-service hotel development in Edinburg.
A Historic First for Edinburg
The redevelopment will transform the existing properties into two distinct IHG-branded hotels spanning approximately 84,000 square feet:
- Staybridge Suites: A four-story, 95–100 room extended-stay hotel
- Holiday Inn: A three-story, 53-room full-service hotel
Beyond guest accommodations, the development will introduce a full array of premium amenities open to both hotel guests and the general public — including a full-service restaurant, bar, meeting space, basketball court, outdoor grill and patio, and a spa. Upgraded landscaping and new exterior property signage will further enhance the property’s presence along the corridor.
“Edinburg has been good to us and our business, so it only made sense to reinvest right here. We already have our hotels in this community, and we see firsthand the growth and opportunity this city offers. Redeveloping these existing properties into a world-class IHG dual-brand hotel felt like the natural next step. We are proud to bring Edinburg’s first full-service hotel to life, and we look forward to continuing to invest in and grow alongside this incredible community.” — Kamaldeep Gill, Owner, Binning Hospitality LLC
Significant Economic Impact for Edinburg
The $18–$20 million capital investment is projected to generate an estimated $5.6 million in annual revenue and create 47 full-time positions, delivering meaningful, sustained employment opportunities for Edinburg residents. Construction is slated to begin in September 2026, or sooner, with project completion anticipated by March 2028.
“This development is a game-changer for Edinburg. For the first time, our community will have a full-service hotel that can accommodate business travelers, conference guests, and visitors at the level they expect. This $18–$20 million investment signals growing confidence in Edinburg’s future and will strengthen our position as a premier destination in the Rio Grande Valley. The jobs created, the revenue generated, and the elevated hospitality experience this brings will have a lasting and positive impact on our entire community.” — Aaron Rivera, Board President, Edinburg Economic Development Corporation
About Binning Hospitality LLC
Binning Hospitality LLC, led by Kamaldeep Gill and Kulwinder Binning, is a hospitality ownership group with an established presence in Edinburg, Texas. The company is committed to providing quality lodging experiences and reinvesting in the communities where they operate.
About IHG Hotels & Resorts
IHG Hotels & Resorts is a global hospitality company headquartered in Windsor, England, with a portfolio of 21 distinct brands spanning more than 6,900 hotels across over 100 countries. Its brands range from extended-stay and essentials to premium and luxury offerings, including Holiday Inn, Staybridge Suites, Crowne Plaza, InterContinental, and more. IHG One Rewards, the company’s loyalty program, counts over 145 million members worldwide. IHG is listed on both the London Stock Exchange and the New York Stock Exchange under the symbol IHG.
About the Edinburg Economic Development Corporation
The Edinburg Economic Development Corporation (EEDC) is dedicated to fostering economic growth and opportunity in Edinburg, Texas, as the gateway to the Rio Grande Valley. Located 20 minutes north of the U.S.–Mexico border and anchored by the University of Texas Rio Grande Valley, Edinburg is one of South Texas’s most dynamic and fast-growing cities. For more information, visit edinburgedc.com.
