Under construction: Edinburg reaches $139.5M in 2015Under construction: Edinburg reaches $139.5M in 2015https://www.recenter.tamu.edu/news/newstalk-texas/?Item=121002016-02-12T06:00:00Z2016-02-12T19:30:00Z

​​​​​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.
Edinburg Economic Development Corporation
http://edinburgedc.com/construction-activities-in-edinburg-for-2015-reach-139-5-million/Source: {Source}

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