We are grateful and thrilled that NewQuest Properties has chosen our great city of Mission, which is growing extremely quickly.
New stores are coming to Mission.
NewQuest Properties is hosting a groundbreaking at 3 p.m. Monday to kick off the start of its newest project — Mission Gateway, “its first investment in the Mission/McAllen trade area’s prosperous retail corridor on the Texas-Mexico border,” according to a release.
The new project will be located on the corner of East Expressway 83 and South Bryan Road in Mission where NewQuest will be redeveloping an 11.38-acre tract of a former Kmart site. The goal of the project is to redesign and expand the store’s skeleton while also bringing in a new facade, exterior lighting and landscape upgrades.
“We are grateful and thrilled that NewQuest Properties has chosen our great city of Mission, which is growing extremely quickly,” Mission Mayor Norie Gonzalez Garza said in a news release. “Our goal is to provide and increase amenities for our residents and improve their quality of life, as well as for those who shop, visit and dine here.”
Not only will NewQuest redevelop this site but they have also signed Montana-based Murdoch’s Ranch & Home which has leased 63,237 square feet at the Mission Gateway making this the chain’s fourth location in Texas.
With more than two million vehicles passing to and from Mexico through the Anzalduas bridge, the city hopes the new set of stores will become Mission’s closest retail center to the port of entry. According to the release, the Mission/McAllen area is a strong trade area with “extremely” high retail sales.
“Mission Gateway’s redevelopment and retail line-up will create a new attraction for crossborder shoppers and the local community,” Jay K. Sears, co-founder and managing partner of Houston-based NewQuest, said in the release. ”Our project will be a welcoming presence as the retail gateway to the city’s dynamic commercial corridor.”
The project is estimated to be around 10,300 square feet of brand new space for small shops as negotiations are still underway with a soft goods national brand for 28,880 square feet, as well as a national restaurant chain for one of the pad sites.
Osborn & Vane Architects Inc. designed Mission Gateway with Melden-Hunt Inc. as the engineer and Hoover Construction as the general contractor for the project.
NewQuest hopes to complete the construction by the summer and anticipates the Mission Gateway to open by the end of the year.
Here’s the latest update:
Mission officials celebrate redevelopment of retail corridor
