News Summary
The City Council of Mission, Texas has approved Phase I of the El Milagro Subdivision, a master-planned community by Killam Development. Spanning over 176 acres, this project aims to introduce around 2,000 new residents and more than 500 homes, while also incorporating civic spaces, commercial lots, and green spaces for a thriving community. A commercial development alongside residential areas is also planned, promising an enriched living experience. This development seeks to reshape growth in the Anzalduas Highway corridor and is part of a broader vision for sustainable neighborhoods.
Mission, Texas: A New Era with El Milagro Subdivision
Exciting times are ahead for the vibrant city of Mission, Texas. Recently, the City Council took a monumental step by approving Phase I of the El Milagro Subdivision, a sprawling master-planned community by Killam Development that’s set to make a splash in the region. This ambitious project spans over 176 acres and is expected to welcome around 2,000 new residents to the area!
What’s in Store for Residents?
Phase I of El Milagro is no small feat! It plans to feature more than 500 dwellings, including 347 single-family homes and about 200 townhomes and apartments. But that’s not all! The developers have crafted a vision that integrates civic spaces, commercial lots, and plenty of green space to ensure the community not only grows but thrives.
With an eye for connectivity and community spirit, the design will include wide sidewalks and interconnected streets, promoting walkability and a cozy neighborhood feel. Living in El Milagro means you won’t just have a house; you’ll have a neighborhood full of life and activity!
Commercial Growth on the Horizon
A Vision for the Future
El Milagro is not just about homes; it’s an important step in reshaping growth along the Anzalduas Highway corridor. The plans for this subdivision could serve as a blueprint for similar large-scale developments across Hidalgo County. With a history that dates back to 1920, Killam Development has a deep-rooted commitment to the development of South Texas. They’ve come a long way from their beginnings as an oil exploration firm to now focusing on diverse sectors, including residential and commercial real estate.
It’s worth noting that back in 2019, Killam Development acquired 3,400 acres from Hunt Valley Development, further solidifying its investment in the Rio Grande Valley. The El Milagro subdivision is part of this larger vision, aiming to create sustainable, walkable neighborhoods that really cater to community needs.
Future Homeowners and Their Benefits
Future residents of El Milagro can look forward to starting prices for single-family homes ranging between $200,000 and $250,000. The tax levy for the subdivision was recently approved via a voter initiative, affecting only the new homeowners. A vital part of this initiative also included passing an election for $167.5 million in bonds, aimed at financing essential infrastructure.
Infrastructure is Key
Currently, the site features some cleared agricultural land and an asphalt entry road, but significant progress lies ahead, depending on the development of public infrastructure. The El Milagro Management District has been established with the mission to finance these critical infrastructure projects.
In a bid for better resource management, voters also greenlit the consolidation of two water improvement districts, ensuring that as Mission grows, its resources are managed efficiently.
In Conclusion
El Milagro Subdivision Phase I promises to transform Mission, Texas, into an even more inviting place to live and work. With its thoughtful design, extensive planning, and community-oriented goals, the future looks bright for aspiring homeowners and growing families looking to settle down in this flourishing corner of Texas. Get ready, Mission—El Milagro is just the beginning of great things to come!
Deeper Dive: News & Info About This Topic
- Texas Border Business: Mission Poised for Tremendous Growth
- Wikipedia: Mission, Texas
- MyRGV: Single Voter Decides on $167 Million in Debt
- Google Search: Mission Texas Real Estate
- VirtualBX: Mission Killam Development
- Google Scholar: Real Estate Development in Texas
- Texas Border Business: Killam Development Legacy
- Encyclopedia Britannica: Mission, Texas
- Rio Grande Guardian: Unite Us Digital Referral Platform
- Google News: Mission Texas Development