EDINBURG, TX—Royal Vista Apartments, a multi-phased development, is now underway, according to developer, RightQuest Edinburg LLC. RightQuest is developing the property on behalf of Brownsville-based JTMR LLC, a privately held company that gave the groundbreaking the green light this month.
The two companies began working on the project earlier this year, bringing aboard the San Antonio architectural firm of B&A Architects and the Edinburg-based civil engineering firm of Melden & Hunt Inc. to coordinate the design. The general contractor for the project is Houston-based Nations Construction Inc., which is currently mobilizing on the site. IBC Bank is providing the financing for the project and BBG Inc. provided the market feasibility and demand analysis.
The property is located on approximately 10 acres fronting Sugar Road near Owassa Road, just west of Interstate 69/US 281, which is being transformed into the NAFTA Highway (I-69). The site's proximity to those thoroughfares provides visibility and access to all parts of the Rio Grande Valley. This area is centrally located within one of the largest trade corridors in the world as more than 54% of all trade between Mexico and the United States made its way through South Texas ports of entry within the last 20 years, GlobeSt.com learns.
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Lisa Brown
Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.
