National retailers eye McAllen’s Nolana corridor as new commercial project moves forward
Rendering of a planned retail development along Nolana Avenue in McAllen shows national brands including Burlington, Ulta Beauty, Ross Dress for Less, and Five Below as part of a broader buildout targeting the corridor. Courtesy of | Corporate Asset Partners

A new retail building planned at the northeast corner of Nolana Avenue and North 34th Street in McAllen appears to be drawing interest from national brands as developers target one of the city’s busiest commercial corridors.

Architectural elevation drawings of retail storefronts with labeled tenant spaces and building design details.
Architectural elevations for proposed McAllen development.
Courtesy of | Corporate Asset Partners

Leasing materials and site plans for the development show a lineup of retailers including Burlington, Rack Room Shoes, Ulta Beauty, Ross Dress for Less, dd’s Discounts, Five Below, and Hibbett Sports.

It is unclear which, if any, of those tenants have signed leases, as project filings do not confirm occupancy. 

Project filings show an 8,800-square-foot shell building — identified as Building #200 — is scheduled to begin construction June 1, with completion targeted for Dec. 1. The project is privately funded and intended for future retail tenants that have not yet been announced.

The building is part of a broader retail development that spans approximately 164,073 square feet of planned space, according to leasing materials.

Anchored in an established retail hub

The site sits within a built-out commercial corridor anchored by a 125,000-square-foot Target and a 203,000-square-foot Walmart Supercenter.

Aerial site plan showing a retail development layout with multiple storefronts, parking areas, and pad sites near a major intersection in McAllen.
Site plan outlines the retail layout and pad sites.
Courtesy of | Corporate Asset Partners

The surrounding area already includes a mix of national retailers and service providers, including H-E-B, along with restaurants and neighborhood retail.

Nearby institutional and employment drivers — including McAllen Sports Park, local schools, and a large Spectrum call center — help sustain steady traffic and consumer activity in the area.

Vehicle counts reach approximately 37,000 per day along Nolana Avenue and about 39,000 per day on North Ware Road, reinforcing the corridor’s role as a major commercial artery.

Designed for expansion

In addition to the new building, the development includes multiple pad-ready parcels ranging from roughly one to three acres, providing room for additional retail or commercial expansion as leasing progresses.

Demographic data shows more than 108,000 residents within a three-mile radius and more than 225,000 within five miles, with average household incomes approaching $90,000, according to leasing materials.

The new building is being delivered as a shell space, allowing tenants to complete interior buildouts after leases are finalized — a common strategy in high-demand retail corridors where developers build ahead of tenant commitments.

The estimated construction cost is $792,000, according to state filings.

The project is owned by Parke at Nolana, LLC, with Craig Garansuay listed as the owner contact. The design firm is Architectural Design Guild, based in St. Louis.

No tenants have been formally announced for Building #200.


Daily Business Update

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

    Try 30 Days Free!

    Get full access to award-winning journalism covering business, real estate, health care, economic trends, and the people shaping the Rio Grande Valley.

    30 Days Free!

    $9.95/month

    Limited time offer

    Subscription renews after your 30 day free trial at $9.95/mo.

    Included Benefits


    • Unlimited access to all articles
    • Daily business news and analysis
    • Subscriber-only content and features
    Get Full Access

    The worms are coming: Texas’ $11B wildlife economy faces a rising threat

    April 20, 2026 • 7 min read

    From trophy deer hunts to birding, a New World screwworm outbreak could disrupt billions in economic activity as the parasite... Read more »

    New Texas laws in effect on Jan. 1: property taxes, insurance, and limits on AI

    January 5, 2026 • 7 min read

    See a clear, easy-to-follow list of the Texas laws that took effect Jan. 1 and what they mean for Rio... Read more »