Appraisal District: More businesses opening than closing in Hidalgo County

Local News

Appraisal District: More businesses opening than closing in Hidalgo County (Source: CBS 4 Photo)

Lease signs have popped up in some of the busiest parts of McAllen, which has some people asking why.

Gabriel Fuentes, owner and founder of Nuri, went from serving his food in a truck restaurant three years ago, which is located near one of the busiest intersections in McAllen, 10th Street and Trenton Road.

“It’s in the center of I want to say almost 40,000 people in this three-mile radius that we can bring our food to,” said Fuentes.

Since opening its doors in 2016, Fuentes said they have come across some challenges, like attracting new customers.

“Maybe we don’t have the advertising budget that a big franchise will have so people still come in here, ‘Oh I just drove by, I saw the truck,’” said Fuentes.

But while there are spaces for lease in McAllen, Jorge Gonzalez, Assistant Chief Appraiser of the Hidalgo County Appraisal District, said it’s not uncommon to see a business open one year and then close the next.

“Yes, you do have those that leave and shut down and that happens, I mean that’s just business or free enterprise if you will,” said Gonzalez. “But we do have others that have opened up and it’s going to be more that have opened up then closed at this point right now.”

Gonzalez adds that there are more businesses opening in Hidalgo County with growth in the McAllen metropolitan area.

“Which encompasses your McAllen, your Mission, your Edinburg, and Pharr, that’s really where the more growth has been,” said Gonzalez.

CBS 4 also reached out to the McAllen Chamber of Commerce who tracks the top industries which include retails sales and said they are in good standings.

Copyright 2020 Nexstar Broadcasting, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.


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