After many years of discussion, a decision has been made as to what will happen with the former Mercy Hospital.
It will now be known as the World Free Trade Plaza. The owner of the building said it took a while to come up with a plan that would benefit the whole city of Laredo.
“Not only is it going to be beneficial for all the businesses in Laredo but more importantly for all the people. It’s going to bring a lot of jobs and we want to thank everyone for their patience but we didn’t just want to do anything, we wanted to do something logistic.”
It’s expected for the project to cost about 60 million dollars. Construction is set to begin in January 2019 and should be completed within two years.