HARLINGEN - Sam’s Club has purchased 16.01 acres at Spur 54 and Expy. 77 near Bass Pro Shops from Reyna Family Development.
Reyna committed to construct a 100,000-sf retail space for Sam’s Club by December 30, 2013. Groundbreaking is expected to take place before the end of March, according to Chris Boswell, the city’s mayor.
The developer also is to sell a minimum of three of five available lots for pad sites for retail or restaurant space of a minimum of 30,000 sf in order to receive $2 million from the Harlingen Economic Development Corp. for the development of the site.
Reyna is to invest a minimum of $4 million, including 20.25 acres and/or cause others to invest at least $15 million by Sept. 30, 2015, public records show.
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