09 Aug Partner with Pharr Economic Development Corp for Strategic Growth – Elevate Your Business Today!

Pharr is an excellent place for businesses to grow because of its location and the local support of the Pharr Economic Development Corporation. Pharr EDC’s role in transforming the city has also turned it into a thriving economic hub. Through strategic partnerships, the EDC collaborates with businesses, educational institutions, and governmental bodies to foster economic growth and development in the area. At COSTEP, we understand that staying informed about these opportunities is crucial to business ownership.

COSTEP collaborates closely with local Economic Development Corporations (EDCs) to ensure that our clients benefit from the region’s latest development initiatives and opportunities. Partnering with COSTEP means:

• Accessing a wealth of local knowledge and established connections in South Texas.
• Receiving valuable insights into regional economic trends, local regulations, and market opportunities.
• Leveraging our extensive network of contacts, including key stakeholders, governmental bodies, and industry leaders, to confidently navigate the local business landscape.

Explore Industrial Infrastructure Opportunities Now

From developing industrial parks to creating commercial spaces, the Pharr EDC has played a vital role in the city’s growth. Since its inception in 1990, the EDC has led the creation of three industrial parks and the development of over 800,000 square feet of industrial space. Businesses worldwide have made their way to South Texas to take advantage of the infrastructure they need to gain a foothold in the region and expand their operations.

Maximize Trade Opportunities Today

The Pharr-Reynosa International Bridge facilitates efficient and timely cross-border trade, emphasizing Pharr’s strategic location and role as an international gateway. Because northbound trucks are not permitted to cross at the nearby McAllen-Hidalgo-Reynosa International Bridge, The Pharr-Reynosa International Bridge can handle significant traffic of both commercial and passenger vehicles. This not only boosts the local economy but also strengthens bilateral trade relations.

Collaborate with Industry Experts!

The Pharr EDC maintains strong relationships with various professional associations in economic development. These partnerships provide valuable resources and networking opportunities, enabling the EDC to leverage expertise and best practices across the industry. By working closely with these associations, the EDC can implement innovative strategies to support local businesses and attract new investments.

Get Tailored Support for Your Business

The Pharr EDC offers personalized support to businesses considering relocation or expansion in Pharr. Their team of economic development specialists provides detailed information, arranges custom tours, and facilitates meetings with community leaders and business contacts. This hands-on approach ensures that businesses have all the necessary resources and information to make informed investment decisions. Some of the incentives facilitated by the Pharr EDC include:

• • Property Tax Abatement
  • State Sales and Use Tax Refunds
  • Franchise Tax Deductions
  • Streamlined Permitting
  • Development Fee Exceptions

Partner with COSTEP and Pharr Economic Development Corporation for Strategic Success Today!

Since the inception of the Pharr Economic Development Corporation, its efforts to create strategic partnerships and collaborative initiatives have boosted the city’s economic growth and development. These advantages, provided by cities across the Rio South Texas region, enable COSTEP to guide businesses as they set their sights on long-term success. Whether your company needs strategic planning or assistance with incentives, our team is ready to help you find the best path forward. Get ready to continue shaping the future of South Texas – contact COSTEP to learn more today.