Edinburg, Texas, sees a surge in construction activity, garnering $27.6 million in September 2023
By Viviana Cervantes
October 15, 2023
Edinburg, Texas, October 10, 2023 - In a remarkable
display of economic growth, Edinburg witnessed a substantial upswing in
construction-related activities during September 2023, raking in an impressive
$27.6 million compared to the $20.4 million reported during the same period
last year. The surge encompasses residential, commercial, and industrial
developments.
The latest construction permit report reveals that
from January to September, Edinburg accumulated a total of $333.5 million in
new constructions, marking a significant increase of approximately $77.4
million compared to the $256.1 million reported in 2022.
Mayor Ramiro Garza Jr. attributed these numbers to
the robustness of the real estate sector in the city, emphasizing its
competitive advantages and appeal to new investors. "This notable increase
in construction activity is a testament to Edinburg's allure as a dynamic and
prosperous city. It reflects our commitment to economic development and our
dedication to creating opportunities for both residents and businesses,"
explained Mayor Garza.
He further noted that as the city experiences
growth, it attracts new residents and businesses, offering improved
opportunities to live, work, and thrive. "We take pride in the strides
we've made and look forward to a bright future for our city," Mayor Garza
added.
Key Figures on Edinburg's Construction Activity:
January to September 2023: $333.5 million
September 2023: $27.6 million
