The city of McAllen in Texas is working on a $230 million plan to transform a former 70-acre water retention pond into a mixed-use development focused on promoting luxury, connectivity and community. Proposals for the project are due by Dec. 15.
City officials have expressed that redeveloping the Boeye Reservoir – originally drained and filled in 2024 – will be one of the largest projects undertaken in McAllen history. The transformative mixed-use community will be at the center of the city’s entertainment district with plans to capitalize on recreational features to attract business, tourism and economic development.
The recreation district planned as part of the redevelopment effort will prioritize residential, retail and commercial expansion to situate it as a prime tourist destination. The project’s vision calls for luxury living spaces, including modern condominiums and a full-service hotel.
The city will develop an artisan village endorsing vibrant retail spaces and fine dining areas. While plans are still being developed, the city anticipates building the district with a water attraction at its center with walk- and swim-up bars.
The site’s location is one of the most valued in the city, situated in its heart with ample access to nearby essential amenities. The district will neighbor the city’s economic and cultural powerhouses, including Downtown McAllen, the convention center, the historic Quinta Mazatlan and McAllen International Airport.
City officials anticipate that the Boeye Project will be one of McAllen’s most powerful economic drivers in, generating up to $400 million per year. The community is also expected to draw approximately 500,000 visitors per year and create thousands of jobs. Plans for the project design are subject to change as the city is searching for a developer.
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