By: Emma Perez-Trevino
Source: Valley Morning Star
HARLINGEN — Crews have been at work at the site of the former Sun Valley Motor Hotel on 77 Sunshine Strip, demolishing the remaining buildings that also housed a bar and grill, making way for development of what will be known as Sun Valley Square, public records show.
The developers, Lockard Integrated Real Estate Solutions’ Lockard Asset Managers LLC and Lockard Harlingen Holdings LLC, based in Cedar Falls, Iowa, purchased the properties including the motor hotel in October and March this year, according to records.
The developers say that plans call for development of Sun Valley Square, which will include a retail/medical tenant that would occupy a 41,800-square-foot building. The properties that the developers own are comprised of four lots. Lot 2, consisting of 2.57 acres of land already is under contract. Three separate, but adjacent parcels are available. Lot 1 is comprised of 3.96 acres, while lots 3 and 4 are each under an acre, according to the firm’s website.