Funding type
This project is privately funded, on private land for private use.
Valeo
4601 S. 40th St., Mcallen, TX, 78503
Valeo is a new construction project at 4601 S. 40th St., Mcallen, in Hidalgo County, TX, tracked from its Texas Department of Licensing and Regulation (TDLR) registration. Under construction, estimated completion Jan 2027. The project has an estimated value of $19.0M across about 226,007 sq ft.
- Estimated project value
- $19.0M
About this figure
Estimated construction cost supplied in the TDLR filing. This is not a current property appraisal or a final construction invoice.
- Reported floor area
- 226,007 ft²
About this figure
Square footage reported for this scope of work. It may cover only part of a larger property.
- Estimated cost / ft²
- $84/sqft
About this figure
Calculated from this filing’s estimated cost divided by its reported square footage. Available only when both figures are supplied; it is not a market benchmark.
- Scheduled duration
- 11 months
About this figure
The interval between the filed start and completion dates. These dates describe the proposed schedule and do not measure actual construction progress.
The project record
Project timeline
Explore filed milestones and scheduled dates. Open a milestone for its source.
4 timeline dates shown.
Project registered · TDLR filing
Registration of the project with the Texas Department of Licensing and Regulation.
Source: TDLR filing
View source recordScheduled construction start · Scheduled date
A date supplied in the filing; this does not confirm that work started or finished.
4 days after the preceding date shown.
Source: TDLR filing
View source recordReview complete · TDLR filing
The filing records completion of the accessibility review.
19 days after the preceding date shown.
Source: TDLR filing
View source recordScheduled completion · Scheduled date
A date supplied in the filing; this does not confirm that work started or finished.
319 days after the preceding date shown.
Source: TDLR filing
View source record
📰About Valeo
Valeo McAllen is a new shell warehouse facility located at 4601 S. 40th St. in McAllen, Texas, designed specifically for manufacturing operations. The project spans 226,007 square feet and is registered with TDLR under the name Valeo McAllen. Construction began in February 2026, and the build is scheduled to finish in January 2027.
The estimated cost for this new construction is $19,000,000, which translates to $84 per square foot. This cost per square foot is below the county median of $100 for similar new construction filings in Hidalgo County. However, the total project cost sits in the top quarter of Hidalgo County filings, where the median estimated cost is $664,320.
Project Details and Ownership
140 Ware Rd. LLC is the owner and developer of record for the site. jmercDesignConsulting, LLC serves as the design firm, a company that has also registered six other projects in the region, including facilities in McAllen, Kyle, Brownsville, and Pharr. Anthony Covacevich is the registered accessibility specialist listed on the filing. The project is privately funded and located on private land for private use.
Local web coverage, including a press release from PRNewswire, describes the site as a state-of-the-art manufacturing facility. A Facebook post by the Texas Governor’s office noted that Valeo is a global leader in automotive technology. The McAllen city account on Facebook described the project as a major economic milestone for the area.
TDLR completed the plan review in March 2026. The status is Review Complete. The scheduled build window is 338 days, which is longer than the county median of 212 days for new construction projects. The site is situated in Hidalgo County, near existing businesses such as Academy Sports + Outdoors and SpringHill Suites by Marriott McAllen Convention Center.
Area Context
The project is located in ZIP code 78503. U.S. Census ACS 2023 five-year estimates indicate a population of about 22,566 in this area. The median household income is $48,765, and the median owner-occupied home value is $130,100. Housing in this zip code is mostly owner-occupied. The Hidalgo County unemployment rate was 7 percent in June 2026, which was higher than a year earlier.
Review Complete
Design review complete, construction may proceed
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Valeo is a New Construction project located at 4601 S. 40th St., Mcallen, TX 78503 in Mcallen, Texas. The project has an estimated value of $19.0M covering 226,007 sq ft. 140 Ware Rd. LLC is the property owner and jmercDesignConsulting, LLC is the design firm of record. The project was registered with TDLR on February 23, 2026.
Frequently Asked Questions
When will construction finish?
TDLR records show the project is scheduled to finish in January 2027. Construction started in February 2026, and plan review was completed in March 2026.
Who is building Valeo McAllen?
140 Ware Rd. LLC is the owner of record. jmercDesignConsulting, LLC is the design firm, and Anthony Covacevich is the registered accessibility specialist.
Is the business open?
The TDLR record tracks construction status, not business operations. The project is scheduled to finish in January 2027, so it is not yet open for business.
How big is the warehouse?
The facility is 226,007 square feet. This is significantly larger than the median new construction size of 6,000 square feet in Hidalgo County.
What is the project status?
The TDLR status is Review Complete. Plan review finished in March 2026, and construction is ongoing with a target completion date of January 2027.
What is Valeo?
Valeo is a new construction project at 4601 S. 40th St. in Mcallen, Texas, registered with the Texas Department of Licensing and Regulation (TDLR). Scope of work: New shell warehouse for manufacturing.
Is Valeo open in Mcallen?
Valeo is still under construction in Mcallen, TX, with an estimated completion of Jan 2027 according to its TDLR registration.
Where is Valeo located?
Valeo is located at 4601 S. 40th St., Mcallen, TX, 78503, in Hidalgo County.
Who is the owner or developer of Valeo?
140 Ware Rd. LLC is the property owner/developer of record for Valeo, per its TDLR project registration.
Who is the architect or design firm for Valeo?
jmercDesignConsulting, LLC is the design firm of record for Valeo, according to its TDLR filing.
How much does Valeo cost and how big is it?
Valeo has an estimated construction value of $19.0M and approximately 226,007 square feet (about $84/sqft), based on its TDLR filing.
Scope of Work
New shell warehouse for manufacturing.
Note: This project is registered under the Texas Accessibility Standards (TAS) program. TDLR registration is required for commercial and public facility construction to ensure compliance with accessibility requirements under Texas Government Code Chapter 469.
Location & views
4601 S. 40th St., Mcallen, TX, 78503
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