McAllen-based development firm Acre Construction has announced they will begin construction in July on a high-end shopping location, “Premier Plaza Retail Center.”
The center will be located at Expressway 83 frontage, west of McColl Road.
The development will be built in two phases: Phase 1 will be 25,000 square feet and is scheduled to break ground in July with a projected completion of late 2017. Phase 2 will be 21,000 square feet with a projected completion of early 2018.
Both phases of the project will be targeting high-end, regional and national retailers and restaurants. There is also a limited quantity of Class A medical and dental suites available on the 8,400-square-foot second floor that also includes outdoor patio spaces.
“We are very excited about this project,” said Javier Aldape, a managing member with Acre Construction. “The amount of talent and dedication that has gone into making it a reality has us very confident that it will be a successful venture.”
Jeffrey E. Smith of Coldwell Banker Commercial La Mansion Real Estate will be overseeing leasing operations.