McAllen sets sights on regional tourism with $230 million Boeye Reservoir development
The city of McAllen is seeking a developer for a massive resort, hotel, and residential project on prime land. Courtesy of | City of McAllen

The city of McAllen announced an estimated $230 million investment to develop the Boeye Reservoir property on Tuesday, with officials saying it will put the city on the map and transform the region as a whole.

According to city officials, the development will feature a recreation district anchored by “a sterling waterfront.”

“It will include a full-service luxury hotel and an artisan village with vibrant, local retail stores and fine dining,” City Manager Isaac “Ike” Tawil told a crowded room Tuesday.



Tourist destination

“This is more than a project. It’s a promise to shape McAllen’s future as a regional destination where opportunity and innovation thrive,” Tawil said.

Continue Reading

  • Free registration in just a minute
  • Unlock more free articles each month

This article is available to subscribers only. Sign up for free to continue reading.


Daily Business Update

Get the latest business news delivered to your inbox every morning for free.

    Unlock Premium

    Support independent journalism.

    $9.95/month

    $1/week

    Limited time offer

    Enjoy Unlimited articals, exclusive newsletters, and deep insights.


    * Subscription renews December 31, 2025 at $9.95/mo.

    Sign Up to subscribe

    U.K. business plans massive data center in Harlingen, records show

    November 25, 2025 • 2 min read

    Eneus Energy is under contract to purchase 1,780 acres from a Raymondville-based farmer, Cameron County records show.... Read more »

    Binational bank launches $400M fund for border water projects as Rio Grande Valley faces worsening drought

    November 7, 2025 • 3 min read

    NADBank has approved a total of $400 million for new border water initiatives, including $100 million in grant-style financing and... Read more »