Development Unveils New Class A Industrial Building in Pharr, Texas
By Viviana Cervantes
January 25, 2024
The Economic Development Corporation in Pharr, Texas (Pharr EDC) has marked the commencement of construction on a new Class A industrial building, poised to enhance opportunities within the logistics sector in South Texas.
Developed by Ocotillo Capital Partner, the facility will span 160,000 square feet, located within the Capote International Business Park, adjacent to the Pharr-Reynosa International Bridge.
New Opportunities
Some of its noteworthy features include divisible sections with a height of 36 inches, storage spaces for trailers measuring 180 inches in width, provisions for short trucks, dock doors with levelers, and fire protection measures.
Victor Pérez, President and CEO of Pharr EDC, emphasized the impact this new project will have on the city of Pharr, as well as the opportunities it presents for established businesses.
Storage Spaces
"The Pharr International Bridge remains one of the primary entry points for commerce; hence, the demand for industrial facilities in this city is continually on the rise. Developers like Ocotillo Capital Partners are addressing the logistical sector's need for cold storage spaces, warehouses, distribution areas, and other facilities required by international trade."
It is worth noting that the project broke ground on January 23 of this year, with the expectation of its inauguration in June. The kickoff event saw the presence of various business leaders and partners of Pharr EDC.
For more information:
Name: Pharr Economic Development Corporation
Phone: 956-402-4332
Website: www.pharredc.com
Email: pedc@pharr-tx.gov