Feb 12, 2016
Under construction: Edinburg reaches $139.5M in 2015
EDINBURG - Construction and related building activities in Edinburg totaled more than $139.5 million in value in 2015, almost $20 million ahead of the figure reached in 2014 ($120,522,212), the...
EDINBURG – Construction and related building activities in Edinburg totaled more than $139.5 million in value in 2015, almost $20 million ahead of the figure reached in 2014 ($120,522,212), the Edinburg Economic Development Corporation has announced.
For the month of December 2015, all construction activities totaled more than $11.7 million, also ahead of the pace for the same month in 2014, which came in at almost $7.4 million.
The value of construction of new homes during 2015 led all year-to-date categories, amounting to almost $48 million, compared with more than $35.7 million during 2014.
The top categories in Edinburg during 2015 were:
- $47,969,918– Single-family residences new construction
- $27,756,178 – Commercial new construction
- $24,519,797 – Non-taxable new/alterations
- $18,761,863 – Commercial alterations
- $14,314,122 – Multifamily residences new construction
- $6,237,533 – Residential alterations
*Not included in the 2015 figures are the $24,519,797 of non-taxable new/alterations made to government, religious, and The University of Texas Rio Grande Valley or its School of Medicine.
Did you like this NewsTalk?
You might also like
PUBLISHED SINCE 1977
TG Magazine
Check out the latest issue of our flagship publication.