texas border operations
BROWNSVILLE, Texas – Brownsville Community Improvement Corporation (BCIC) conducts a comprehensive market demand and financial feasibility study and leads the developer solicitation and selection process for a nationally renowned real estate project. We are proud to announce that we have selected development consulting firm Hunden Partners. A 31.14-acre parcel of undeveloped land surrounding Brownsville Sports Park (BSP).
Brownsville Sports Park is a 120-acre premier amateur sports facility that attracts more than 1.2 million unique visitors annually and serves as an important recreational and community asset. The planned development aims to create a symbiotic relationship between the sports park and the surrounding area, increasing economic opportunities and overall community vitality. This strategic initiative leverages the presence of Brownsville Sports Park to encourage the region’s economy by promoting mixed-use development that fosters economic growth and improves the overall quality of life for residents and visitors. The aim is to unleash your potential.
“We would like to thank all the companies that participated in the RFP process. The quality of the proposals was excellent and our decisions were both challenging and exciting,” said Cori, BCIC President and CEO. Peña added. “We look forward to working with Hunden Partners to realize the full potential of the Brownsville Sports Park area.”
BCIC, in collaboration with Hunden Partners and Convergence Design, aims to develop the undeveloped 31.14-acre parcel surrounding Brownsville Sports Park into a thriving mixed-use center. This initiative supports BCIC’s mission to improve quality of life through equitable economic development. Hunden Partners brings extensive expertise in market analysis and design of sports-related mixed-use projects. Hunden Partners, which has contributed to more than 1,000 destination projects worth more than $20 billion across the United States, including significant developments in Texas cities such as Corpus Christi, Dallas, Mansfield, Baytown and League City, We are fully equipped to guide your investigation.
Comprehensive site analysis:
Hunden Partners will evaluate the physical characteristics, zoning regulations, and development potential of the 31.14-acre parcel surrounding Brownsville Sports Park. This ensures optimal land use by identifying key constraints and opportunities.
Market demand assessment:
A thorough review of local market trends and demographics can help assess demand for residential, commercial, and recreational development. This analysis leads to the most feasible mixed-use development scenario.
Financial feasibility and modeling:
Hunden performs financial modeling to estimate development costs, expected revenue, and ROI for various scenarios. Potential funding sources such as public-private partnerships and incentives will also be considered to support development.
Stakeholder engagement:
The company works with key stakeholders such as local officials, developers, and community leaders to gather insights and ensure projects are aligned with community priorities. Group meetings will focus on gathering perspectives from tourism experts, economic leaders, and other stakeholders.
Market Demand and Financial Feasibility Study work will focus on thorough site analysis, market demand assessment, stakeholder engagement, and collaboration with existing urban planning efforts, September 23, 2024 will start the week of. BCIC looks forward to sharing updates as the project progresses.
