Though 2024 is only halfway done, it is already clear that the year is shaping up to be one of the slowest in at least a decade in terms of project completions. Commercial real estate construction has slowed precipitously across the country, including Texas’ growing Rio Grande Valley.
Commercial Construction Declines in the Rio Grande Valley, Except for Hospitality
Despite Strong Occupancy and Economic Growth in the Area, Development Slows
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