Pharr Market Profile

Strategically Positioned for Your Business

The City of Pharr Driving business growth in South Texas Choosing the right location for your business is important. For most businesses, an appropriate location is the key to successful growth and operations. Texas has consistently been ranked as one of the most business-friendly states in the country. With low taxes, a predictable regulatory structure, and modest government spending, Texas continues to outshine the rest of the nation in terms

Here you’ll find warm weather, outstanding schools, thriving retail, and safe neighborhoods. This business-friendly community is dedicated to helping your business prosper. Pharr has long been considered the hub of business growth and economic expansion for South Texas.

of economic growth. At last count, it was home to more Fortune 500 companies than any other state.

With an abundance of businesses in industries such as advanced manufacturing, produce, retail, and distribution, Pharr offers an ideal market for companies in transportation and logistics. The City owns and operates the Pharr International Bridge, which facilitates trade and distribution between Mexico and the United

Strategically Positioned for Your Business

States. Convenient access to national and international markets makes Pharr the ideal place for nearly any operation, large or small.

Pharr, Texas is an ideal location for any business. The area provides an educated workforce, low cost of living, access to transportation, and generous economic development incentives.

Located in the heart of the Rio Grande Valley, Pharr has a lot to offer both businesses and residents alike.

Pharr’s leadership is focused on creating even more opportunities for businesses. The Pharr Economic Development Corporation will act as a trusted partner as you launch, expand, or relocate your business.

We strive to provide everything businesses need to be successful, including tax benefits, grant programs, economic incentives, quick permit approvals, and an abundance of commercial space. Together, these factors have made Pharr a prime location for economic growth and business.

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Workforce Growing and sustaining a vibrant community Pharr is a burgeoning city located in Hidalgo County, just minutes from the Mexican border.

Hidalgo County is one of the most rapidly developing communities in the United States.

In recent years, Pharr has experienced strong economic

growth

and

development.

Its

population has steadily increased to over 70,000 residents.

Local businesses have access to over 800,000 people in Hidalgo County and a population of more than 1.2 million in the Rio Grande Valley.

The median age is 29 years and approximately 85% of the labor force is bilingual.

This robust population of young, educated individuals allows businesses to evaluate and select the best possible candidates.

LABOR FORCE

The region has a desirable demographic profile

Today, more businesses are hiring young professionals because they have a great work ethic and tend to excel with technology.

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Strategically Positioned for Your Business

for businesses.

Education Workforce development to enhance resources Texas College, and Texas State Technical

Grande Valley is emerging as a center for higher

College. Graduates go on to work in a variety of

education in South Texas. Several institutions

industries. Some of the area’s largest employers

educate the area labor force, including the

include HEB Foods, UTRGV, DHR, Woodcrafters,

University of Texas Rio Grande Valley, South

GE, and International Paper.

Strategically Positioned for Your Business

With a total of over 70,000 students, the Rio

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Connectivity Conveniently connected to key trade points of entry Pharr is a key point of entry for trade, providing

a strong customer base and direct access to

air, sea, and land access to international and

major roadways makes Pharr one of the most

domestic markets. It is conveniently centered

attractive logistical points in the region.

on the intersection of Interstates 69C and 2.

The Port of Brownsville is approximately 50 miles east of Pharr. It serves South Texas and much of Northeast Mexico.

North-south freeway access to interstates 37 and 410 is available on U.S. Route 281, a highway that runs from just north of the US-Mexico Border to the Texas-Oklahoma state line.

The Port of Brownsville is the only deepwater port located on the Mexico-United States border.

With abundant land for development and 17

Pharr also provides convenient access to U.S.

miles of waterfront access, it offers easy access

Route 83, the longest north-south highway in

to rail connections, roadways, and the Pharr

the United States. This strategic location with

International Bridge.

International Bridge

TEXAS, USA STARR COUNTY

Strategically Positioned for Your Business

International Airports International Seaport I-69

HIDALGO COUNTY 77

I-2

WILLACY COUNTY

McAllen

Pharr McAllen Miller International Airport

Harlingen

Valley International Airport

CAMERON COUNTY

MEXICO Brownsville Airport

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International Trade Fast, safe, and secure international commerce The Pharr-Reynosa International Bridge is the 6th largest land port in the United States. It currently processes over $30 billion in trade annually worldwide.

The strategic location of the Pharr International Bridge provides direct access to major roadways and bridges, making it one of the most attractive logistical points in the region. Access to multiple ports is a key consideration for businesses specializing in international trade. Continuously

The bridge serves a vibrant maquiladora industry

operating for 20 years, Pharr ranked fourth

comprised of over 150 factories creating 98,000

among the nation’s airports, seaports, and border

direct jobs and 368,000 indirectly. The four-lane

crossings in terms of trade with Mexico.

bridge easily accommodates the 1,800 to 2,500 commercial vehicles that cross it daily with an average wait time of only 40 minutes.

Winnipeg

Canada Montreal

Fargo

Ottawa

Duluch

Toronto

Minneapolis

Detroit

Strategically Positioned for Your Business

Milwaukee Iowa Inland Port

Omaha

U.S.A.

Kansas City

Dallas

Texas

Austin San Antonio

Mexico

Gómez Palacio

Monterrey Mazatlán Central Mexico San Luis Potosí

Richmond

Memphis Little Rock

Houston

Pacific Ocean

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New Orleans

Gulf of Mexico Tampico Veracruz

Charlotte

Atlanta

Pharr

Mexico City

Lázaro Cárdenas

Nashville

Reynosa

Guadalajara Monzanillo

Cleveland

St. Louis

Alliance Texas

New York City

Philadelphia Baltimore Columbus Indianapolis Washington D.C.

Chicago

Tulsa Oklahoma City

Boston

#2

Agricultural Port in The Nation

Florida

Virgina Beach

$30

Billion of International Trade in 2014

Agriculture Growing opportunities in the produce industry As home to one of the most efficient border crossings in the country, Pharr is the center of a flourishing produce industry. The Pharr Produce District is a hub for produce storage and distribution. Businesses have access to 22 ultramodern cold storage warehouses that keep produce fresh and consumable.

To facilitate trade operations, the Pharr International Bridge offers six temperature controlled truck inspection areas and an on-site entomology lab.

When it comes to providing the most efficient and reliable produce facilities and inspection points,

Pharr International Bridge

Strategically Positioned for Your Business

Pharr is an excellent location for any business.

SOLD

LOT 23 2.43/ACRES $362,070.00

LOT 20 2.1/ACRES $312,900.00

LOT 17 2.0592/ACRES $306,820.80

LOT 14 2.1673/ACRES $322,927.70

LOT 3 2.16/ACRES $321,840.00

SOLD

LOT 24 2.5/ACRES $372,500.00

LOT 19 2.16/ACRES $321,840.00

LOT 18 2.07/ACRES $308,430.00

LOT 13 2.1673/ACRES $322,927.70

LOT 4 2.62/ACRES $390,380.00

LOT 28 2.21/ACRES $329,290.00

LOT 29 2.1694/ACRES $323,240.60

ON HOLD

ON HOLD

LOT 11 2.78/ACRES $414,220.00

SOLD

LOT 10 2.5253/ACRES $376,269.70

LOT 15 2.12/ACRES $371,000.00

LOT 9 2.64/ACRES $393,360.00

LOT 16 2.03/ACRES $355,250.00

LOT 8 2.45/ACRES $365,050.00

LOT 21 2.03/ACRES $355,250.00

LOT 7 2.3646/ACRES $352,325.40

LOT 22 2.36/ACRES $413,000.00

LOT 6 2.3646/ACRES $352,325.40

LOT 27 2.36/ACRES $351,640.00

LOT 5 2.68/ACRES $399,320.00

SOLD

LOT 12 3.03/ACRES $451,470.00

S. CAGE BLVD. (S.281)

MILITARY HWY

SOLD $149,000.00/PER ACRE

Fernando Pacheco Tel: (956) 212-1095 Email: fpacheco@alliance.com

$175,000.00/PER ACRE ON HOLD

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Quality of Life Low cost of living and advanced healthcare Living in Pharr, you get all the benefits of having

Residents in Pharr can benefit from the top-tier

a large city nearby without the high price tag.

healthcare facilities in the area. The nearby Rio

According to the U.S. Census Bureau, the cost of

Grande Regional Hospital offers a full range of

living in the Rio Grande Valley region is the lowest

diagnostic and treatment services. Valley Baptist

in the state of Texas.

Medical Center is the primary referral hospital for comprehensive and subspecialty care in South

Compared to the rest of the country, Pharr’s cost of living is 25.4% less than the national average. This allows residents in Pharr to enjoy a great lifestyle for less.

Texas. These facilities specialize in providing the highest quality treatment for patients.

Also in the area, Doctors Hospital at Renaissance (DHR) offers some of the most comprehensive

Strategically Positioned for Your Business

medical care on the U.S. Southern Border.

$70,000 MEDIAN HOME PRICE -7-

25.4%

LESS THAN THE NATIONAL AVERAGE

Leisure Relax and unwind with a variety of activities The Rio Grande Valley is one of the most exciting

you over the Causeway to the beaches of South

places to live, work, and play. As one of the most

Padre Island and the cooling waters of the Gulf

culturally diverse areas in the nation, it offers art,

of Mexico. The region is also an internationally

music, and entertainment that you won’t find

acclaimed bird watching mecca boasting of over

anywhere else.

500 different species. Or, cross the border into Mexico to partake in the cuisine, shopping, and

With more than a dozen museums, a nationally renowned zoo, and an amazing waterpark, the Rio Grande Valley is a destination that the entire family will love.

entertainment in nearby Reynosa.

Pharr Aquatic Center

Residents in Pharr can also enjoy convenient travel opportunities. A short drive from a landscape that is thriving with agriculture and industry takes

When combined with a low cost of living, outstanding schools, warm weather, and affordable housing, the Rio Grande Valley shines brightly.

At Tierra Del Sol Golf Club, golf is played 365 days a year.

60 MINUTES

50 MINUTES

85 SITES

SOUTH PADRE ISLAND

GLADY’S PORTER ZOO

NATURE TOURISM DESTINATION -8-

Strategically Positioned for Your Business

Pharr Tierra Del Sol Golf Club

Eat, Play, Stay A shopper’s paradise for residents and visitors Whether it’s first-class shopping and dining or world-class entertainment and recreation, Pharr offers something for everyone.

Pharr’s investment in attracting a diverse collection of shopping venues has been critical to its prosperity. Many national retailers are already located in Pharr due to its strong regional retail market.

Strategically Positioned for Your Business

Retail businesses looking to expand within a vibrant and growing community need not look any further than Pharr. It provides access to an immediate customer base of 1.8 million in the Rio Grande Valley and a population of over 10 million within a 200 mile radius. In the Rio Grande Valley alone, annual retail sales have topped $5 billion.

1.8 million

CUSTOMER BASE IN THE RIO GRANDE VALLEY

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OVER

10 MILLION

POPULATION WITHIN A 200 MILE RADIUS

$5 BILLION

IN THE RIO GRANDE VALLEY ALONE, ANNUAL RETAIL SALES

Eat, Play, Stay A place for growing businesses to succeed business

At Home, Academy Sports + Outdoors, and

environment, and proximity to international

Chick-Fil-A, it’s clear that retailers agree that

markets

doing business in Pharr is the right choice.

Pharr’s

infrastructure, attracts

a

diverse variety

of

retailers,

large and small. For future development, Pharr is focusing on retailers that will set it apart from other regional markets.

The new Pharr Town Center is set to become a major retail destination in the Rio Grande Valley.

Several new stores will be opening, including Jo Ann Fabrics, Buy Buy Baby, and Cost Plus World Market. All three will be new to the Rio Grande Valley area. With other major

Strategically Positioned for Your Business

retailers already in Pharr such as Costco,

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1215 South Cage Blvd.

Pharr, TX 78577 Phone: 956.402.4EDC Fax: 956.475-3449 pedc@pharr-tx.gov

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