TOP MONEY INVESTMENT SOLUTIONS Presents: The Rio Vista Commercial Development Project Authorized Consultant "1st choice financial consultants"
Major Factors & Demographic Strategies
In general, this project is uniquely located in the path of growth and the apex of planned state and local government improvements.
Current and future traffic:
This land has great visibility and access from F.M. 755 currently, and from the new U.S. Highway 83 bypass in the near future. F.M. 755 is the major north south ingress and egress to the border in the region and connects to U.S. 281, the major highway to the north between San Antonio and Corpus Christi. Furthermore, U.S. Highway 83 is the only east west along the Texas-Mexico border.
Traffic passing through Rio Grande City has increased to the point where it is at the stand-still most of the day. Most buildings, regardless of use, have 1-6 parking spaces and heavily rely on front curb parking along the highway. The current congestion makes it nearly impossible for consumers to get to any facility -- including those built on either end of the city that are more recent and have adequate parking.
Because of existing old commercial buildings along U.S. Highway 83 are built to the edge of the Highway there is no room for future widening. The reality is that the traffic problems in the existing Central Business District have no remedy. This is a major issues that will drive future growth to the north with the bypass.
This project location will be the traffic center in this area. Once the U.S. Highway 83 bypass is constructed, traffic will be directed to this site and away from the existing commercial business in Rio Grande City.
The Texas Department of Transportation (TxDOT) has already planned an interchange at our location between the new U.S. Highway 83 bypass and Highway 755 (See location map). In other words, the State of Texas will be delivering the travelers to our front door.
The City of Rio Grande is additionally planning to reroute the F.M. 755 connection from the Camargo International Bridge (linking the city to Camargo, Mexico ) around city in order to direct the traffic directly north of the Los Olmos Creek bridge (See location map).
Lack of “ Normal ” commercial services and poor quality existing commercial services
Another more subtle issue is land use. The City of Rio Grande and Starr County, like many rural border communities, have no zoning ordinances, no comprehensive master plan, and no regional land use scheme. When you drive through the city you find an office next to an auto repair shop, which is next to a restaurant which is next to a feed store. With the exception of a Wal-Mart and Denny’s, everything else is mostly mom and pop family-owned businesses built on whatever piece of land grandpa bought 100 years ago. Because of this Hodge-podge, this city and region has no major shopping centers, no entertainment faculties, nor commercial offices and space.
This project will provide an orderly, mater-planned commercial development along a 6-lane boulevard. Rather than inadequate parking there will be acres of parking. Easy access to the new U.S. Highway 83 bypass, and a harmonious complementary mix of land uses, including entertainment of which none exists currently.
Consumers will not only save time not being forced to drive 50 miles into McAllen, Texas to get what are generally accepted to be local goods and services, but save gasoline which has become an increasingly expensive commodity. These consumers include the thousands of shoppers and visitors on the south side of the border from as far away as affluent Monterrey, Mexico.
In addition, is the focus of our development of planning leisure time sites, entertainment centers, a full range of shopping, dining and commercial services.
Proposed buildings and land uses include the following. Others will be needed to serve the growing demand:
- FM 755 Truck Stop
- Gas Station Convenience Store
- Movie Theater
- Arcade Miniature Golf
- Sunset Point Restaurant
- Bowling Alley
- Bank Site
- Multi Use Arena
- Enclosed Regional Mall
- Hotel
- Office Buildings
- Medical Offices
- Apartments
- Condominiums
- Retail Lease Buildings
- Commercial Lease Buildings
- Light Industrial (Lower Elevations near Flood Plain)
As an option we will consider selling the entire 483.02 acres for $60,000,000.00. A portion of the purchase funds will be used to improve the nearly 2 miles of Rio Vista Blvd. which will increase the property value almost 200%.
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