PALMVIEW, Texas – A retail study can help a community realize that if it has a cemetery it ought to also have florist stores nearby in order to bring in sales tax revenues.
It can also show the value of moving municipal buildings from a prime real estate location in order to make that land available for businesses that will usher in sales and property taxes for the city.
A discussion on the value of retail studies was conducted at a recent commercialization and investment tour hosted by the Rio Grande Valley Partnership and held at the City of Palmview offices. The podcast below features Hidalgo County Judge Richard Cortez, banker and economic development expert Aled Meade, and Palmview City Manager Michael Leo.
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