Economic Development

Texas Reviews Opportunity Zone Nominations Ahead of Aug. 17 Deadline

Texas officials are reviewing more than 1,200 proposed census tracts for the next round of federal Opportunity Zones, a process that could shape investment incentives in Rio Grande Valley neighborhoods and industrial corridors for the coming decade. The Tex...

Burlington Plans New McAllen Store at Parke at Nolana

McALLEN, Texas — Burlington Stores plans to open another McAllen location this fall at Parke at Nolana, the off-price retailer announced. The store is planned for 3116 Nolana Ave., Suite 180. Burlington said it will be its 159th store in Texas. The retailer...

Texas Reviews New Data-Center Projects as South Texas Weighs Growth

Texas is reviewing the pace and impact of new data-center development as communities across South Texas weigh potential economic benefits and infrastructure demands.Large computing...

Rio Grande Valley Wages Remain Texas’ Lowest Despite New Investment

McALLEN, Texas — The Rio Grande Valley continues to record Texas’ lowest median wages even as the region attracts billions of dollars in announced investment, according to recently released state workforce data. The Lower Rio Grande Valley Workforce Develop...

The Five-Year Outlook for the Texas Economy

Texas is projected to continue expanding over the next five years despite uncertainty around inflation, workforce needs, energy markets and global trade.Economist M. Ray...

McAllen Wins $6M Federal Grant for New 47-Acre Industrial Site

McAllen has received a $6 million federal grant to help develop infrastructure for a planned 47-acre industrial site on the city's south side, moving...

Bert Ogden Plans $20M Renovation and Expansion of McAllen Corporate Campus

Bert Ogden Auto Group is planning a major renovation and expansion of its McAllen corporate campus, a project expected to add new office and...

Saronic Selects Brownsville for $3.2 Billion Port Alpha Shipyard Project

Saronic Technologies has selected the Port of Brownsville area for Port Alpha, a planned $3.2 billion advanced shipyard project tied to the company’s autonomous vessel manufacturing plans. The project would mark one of the largest advanced manufacturing announcements connected to the Brownsville area, with reports describing a phased build-out that could bring up to 10,000 […]

Hidalgo County Metro Climbs to No. 2 for Young Homebuyer Access

The McAllen-Edinburg-Mission metropolitan area has moved near the top of a national ranking for young homebuyer access, according to a 2026 ConsumerAffairs analysis cited...

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