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Killam Bets on RGV Growth, Acquires 3,400 Acres

Killam Development, betting on growth in the Rio Grande Valley following passage of the United States-Mexico-Canada Agreement (USMCA), acquired 3,400 acres in Mission and McAllen, TX from Hunt Valley Development. The acreage is being master-planned for industrial and residential uses. Construction is expected to launch on the residential component late this year.

“The belief that NAFTA 2.0 would pass and the opportunity to secure local economic incentives gave us the confidence to move forward on the acquisition and immediately begin to master plan the property,” said Killam’s Cliffe Killam. He added that the opening of the Anzalduas International Bridge for more traffic in the next couple of years will “make the location of this property even more optimal.”

Killam Development is working with planning and design firms Able City and Dover, Kohl & Partners, to work with the community in creating a master plan for the area.

Pictured: Anzalduas International Bridge, McAllen, TX

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