MARINER FINANCE

Mariner Finance is building a new office at Hyde Plaza in Edinburg, Texas. The project involves the interior finish of an existing shell space to create a 1,690 square foot facility. This new construction effort is scheduled to finish in February 2027, with work starting in June 2026. The total estimated cost for the project is $180,000, which works out to $107 per square foot.

The owner of record for this development is Auriel Investments LLC. The registered accessibility specialist on file is Felipe Guerrero. The project is privately funded and located on private land for private use. It is situated at 4700 S. McColl Rd. Suite 101 in Hidalgo County. The TDLR status is listed as Review Complete, with plan review finished in June 2026.

Project Context and Location

Hyde Plaza is one of several properties associated with Auriel Investments LLC in the region. The company has six other TDLR-registered projects totaling $2,980,000 in estimated costs. These include other locations in Edinburg and McAllen, such as The District and Brentwood Plaza. The Mariner Finance office fits within a broader pattern of commercial development by this owner in the area.

For context, this project's estimated cost is below the county median for new construction filings in Hidalgo County. The median estimated cost for similar filings is $660,256, while this project is in the bottom quarter of that range. The scheduled build window of 263 days is close to the county median of 212 days. The cost per square foot of $107 is also close to the county median of $100.

Local Area Profile

Edinburg is located in Hidalgo County. According to U.S. Census ACS 2023 five-year estimates for the 78539 ZIP code, the population is about 38,162. The median household income is $64,864, and there are approximately 15,759 housing units. The median owner-occupied home value is $198,300, with housing mostly owner-occupied. The Hidalgo County unemployment rate was 6.8 percent in July 2026, higher than a year earlier.