Groundbreaking of the McAllen Nearshoring Industrial Park

MCALLEN, TX – CIL Capital held a groundbreaking in December for its new McAllen Nearshoring Industrial Park, a 117-acre project that will generate new jobs and economic opportunities in the region.

“This is a great day for CIL, but also for our entire community,” said Joaquin Spamer, CEO of CIL Capital. “This industrial park will help attract new businesses and create good-paying jobs, which will benefit families in McAllen and the Rio Grande Valley.”

McAllen Mayor Javier Villalobos agreed that the industrial park is positive news for the region. “It’s a beautiful day for our community,” Villalobos said. “This industrial park will help strengthen our economy and create a brighter future for everyone.”

Once completed, the McAllen Nearshoring Industrial Park will feature 1.5 million square feet of industrial space, with parcels ranging from three to 30 acres. The park is designed to attract companies looking to expand or relocate to South Texas.

“We are confident this industrial park will be a success,” Spamer said. “We are committed to working with the community to make this project a success for everyone.”