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Merit Brings Major South Texas Retail Development Experience

· Texas Border Business

The Shops at 495, a major retail development in Mission, Texas, is set to occupy over 20 acres at the intersection of FM 495 and Conway Avenue. With an investment of approximately $27 million, the project will provide around 100,000 square feet of retail space and is expected to create hundreds of jobs, generating an estimated $44 million in annual economic impact. Merit Commercial Real Estate, known for its strong presence in South Texas, is leading the project and has established relationships with national retailers. Construction is anticipated to begin this fall, with store announcements planned for the groundbreaking ceremony.

AI summary · Source: Texas Border Business

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