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Post by Minion on Sept 22, 2023 15:26:45 GMT -6
Yay for Mercedes! Mercedes attributes sales tax growth to returning shoppersComing out of the COVID-19 pandemic it was no secret that people were ready to get back into the world, ready to take part in social activities like shopping once again. The city of Mercedes and its Rio Grande Valley Premium Outlets are seeing a new wave of shopping, at least according to their sales tax revenue, which has increased by about a million each year since the pandemic. In 2019, Mercedes collected $6,300,619.54 in sales tax. But that number fell by 16% to $5,282,350.42 in 2020, when stay-at-home orders were implemented due to the COVID-19 pandemic and led to the closure of many businesses in the Rio Grande Valley. Mercedes increased its sales tax collections in 2021 to $6,490,204.49, a nearly 23% increase, and again in 2022 with $7,954,052.94 for a 22% increase. 2022’s collections actually represent a 50% increase since the beginning of the pandemic in 2020. Thus far this year, Mercedes is on pace to eclipse last year’s collections. Year-to-date, the city has already raked in $6,388,173.66 in sales tax revenue compared to the $6,108,208.11 during the same time last year. myrgv.com/local-news/2023/09/22/mercedes-attributes-sales-tax-growth-to-returning-shoppers/ |
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Post by vyzee on Feb 5, 2024 19:29:29 GMT -6
Burlington is taking over the old Saks Off 5th space. Unknown when it will open but they are currently doing renovations on the space.
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Post by Minion on Feb 6, 2024 7:51:47 GMT -6
Burlington is taking over the old Saks Off 5th space. Unknown when it will open but they are currently doing renovations on the space. Burlington??? They're gonna sell their own non-sellable left-overs  |
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Post by Minion on Apr 4, 2024 9:52:10 GMT -6
So much for PREMIUM outlets....
Project Name:
BURLINGTON
Project Number:
TABS2024015402
Facility Name:
RIO GRANDE PREMIUM OUTLETS
Location Address:
5001 E EXPRESSWAY 83
Mercedes, TX 78570
Location County:
Hidalgo
Start Date:
6/3/2024
Completion Date:
9/13/2024
Estimated Cost:
$1,500,000
Type of Work:
Renovation/Alteration
Type of Funds:
This project is privately funded, on private land for private use.
Scope of Work:
INTERIOR AND EXTERIOR IMPROVEMENTS TO AN EXISTING TENANT SPACE OF APPROX 27,358 SQ FT. WORK INCLUDES CONSTRUCTION OF OFFICES, RESTROOMS, NEW FLOOR AND WALL FINISHES THROUGHOUT THE SPACE AND MODIFICATIONS OF EXISTING FACADE
Square Footage:
27,358 ft 2
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Post by Minion on Apr 5, 2024 11:22:01 GMT -6
Project Name:
Victorias Secret
Project Number:
TABS2024015541
Facility Name:
Rio Grande Premium Outlets
Location Address:
5001 East Expressway, Spaces 602 & 600B
Mercedes, TX 78570
Location County:
Hidalgo
Start Date:
5/27/2024
Completion Date:
8/9/2024
Estimated Cost:
$480,000
Type of Work:
Renovation/Alteration
Type of Funds:
This project is privately funded, on private land for private use.
Scope of Work:
Remodel of an existing retail tenant space for a new Victorias Secret store
Square Footage:
4,806 ft 2
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