MISSION, Texas – Cliffe Killam, president & CEO of Killam Development, says he is excited to “work with community stakeholders and empower them to help continue to make great things happen in Mission, Texas.”
Killam give an exclusive interview to the Rio Grande Guardian recently about the 3,400-acre master planned community his company is building in south Mission and McAllen. The interview is contained in the attached podcast.
“This community has been incredibly welcoming, and they are excited about the potential for attracting new restaurants and entertainment and creating a unique neighborhood custom designed for them,” Killam said.
Killam Development is a private, family-owned business that has been serving South Texas for more than 100 years. Based in Laredo, Texas, the company is involved in the oil and gas industry, real estate development, ranching, and investments.
Killam Development acquired the 3,400-acre property in 2019. The property straddles the City of Mission and the City of McAllen and includes areas near Anzalduas Bridge.
In his interview with the Rio Grande Guardian, Killam discussed a new aspect to the project: a decision by the City of Mission and Mission Economic Development Corporation to transfer beneficiary ownership of Tax Increment Reinvestment Zone funds designated for 180 acres on the property.
Killam said thanks to the TIRZ agreement, $13 million will be invested in Phase I of the project in order to build new roads, water and wastewater infrastructure.
According to a news release issued by Killam Development, the property within the City of Mission had an existing TIRZ, established in 2001 with the previous property owner, Hunt Valley Development. The TIRZ allowed for $35 million in investment over 30 years. Of that, approximately $22 million has been invested in infrastructure for construction of lift stations and water and wastewater infrastructure.
“Because of the business-friendly climate and that this undeveloped property in Mission had this infrastructure in place and an additional capacity of approximately $13 million, we saw a clear opportunity to make a long-term investment in the community,” Killam said.
“The TIRZ is important because it will give us the confidence to invest in critical infrastructure for our phase 1 that will enhance quality of life and economic opportunity in Mission. We are grateful for the support and excited to break ground on construction this year.”
The news release quoted three leaders in the Rio Grande Valley.
Mission Mayor Dr. Armando O’Caña said: “We see great potential for Killam Development to create amazing opportunities for our residents through bringing in new businesses, which generates new jobs and places for people to eat, shop and enjoy. Killam Development will take this to the next level, and we are glad to work together to make this vision a reality.”
Mission City Manager Randy Perez said: “Killam Development’s project will have a positive impact on our quality of life and will help grow our tax base so that we can do even more as a city for future generations. It was important that we continued to incentivize the project to help Killam Development generate results.”
Sergio Contreras, president/CEO of RGV Partnership, said: “Cliffe Killam and his team have gone above and beyond to get the community’s input into this process and to bring a vision for big and exciting things here. We’re excited to see what this level of investment in a truly master planned community will mean to the City of Mission and the entire Rio Grande Valley.”
Working with Able City, Killam Development hosted a series of public workshops at the Center for Education and Economic Development in Mission at the start of 2020. More than 500 people from the surrounding community participated to share their ideas and help shape the design.
During the workshops, the company said it wanted to develop a “live, work, play” lifestyle community that would feature walkable neighborhoods, walking trails and park space, as well as connections to entertainment and commercial districts and education centers.
According to Killam Development’s news release, five priorities emerged from the community discussion:
- Connect to existing communities and recognize the Valley’s unique identity
- Increase access to nature, build parks, preserve key farm fields
- New development should provide something different
- Safe, comfortable, and interesting streets for walking and biking
- A prosperous, but still affordable region
Editor’s Note: For information about Killam Development’s project in south Mission, including home sales and commercial opportunities, contact Dr. Rolando Ortiz at (956) 326-3804.
Editor’s Note: The main image accompanying the above podcast shows Cliffe Killam.
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