Monday, December 15, 2014

H&M Opens Thursday at Cielo Vista Mall

H&M will open its second El Paso store on Thursday at Cielo Vista Mall on the East Side. The popular apparel retailer opened an outlet store earlier this year on the West Side at the Outlet Shoppes at El Paso.
A screenshot of H&M's grand opening event at the retailer's Facebook page. (facebook.com/hm)

The new Cielo Vista store is a larger, 29,000 square foot location which occupies two levels next to Macy's on the mall's east end.

Aldea Developer Seeks Incentives Agreement for I-10 Overpass Construction

The developer of the future Aldea SmartCode project in West El Paso is seeking a Chapter 380 incentives agreement for construction of a freeway overpass adjacent to the property.

A new overpass is planned at Interstate 10 for Mesa Park Drive, the main thoroughfare that will take I-10 commuters into and out of the 196 acre Aldea development. Mesa Park will cross I-10 about three quarters of a mile north of Executive Center Boulevard.
The new Mesa Park Drive overpass is denoted here by a green arrow. The new interchange will provided access to the Aldea El Paso project on the West Side. (Schematic: City Council Agenda)

The agreement would provide Geltmore, LLC, the developer, with incentives in the form of rebates on the City's portion of sales and use tax. The incentive could total between $3.7 million and $4.7 million, depending on the cost of construction. The rebates will be calculated on sales by retailers within the Aldea development.

Tuesday, December 2, 2014

Update: City Approves 'Metro 31' Mixed Use Project for Northeast El Paso

City Council voted unanimously today to approve the new SmartCode, mixed-use project planned for Northeast El Paso at the former Northpark Mall property. This gives Hunt Development Group the green light from the City to move forward with final design and construction for the vacant 31-acre property.
An artistic rendering of the western entrance to the Metro 31 development off of Diana Street, coming to Northeast El Paso in the next few years. (City Council Agenda)

Up next, Hunt will seek a similar incentives agreement from the County of El Paso worth $5 million, which would add to the $13.7 million that City approved.

Read our previous story from November 28, 2014: This is 'Metro 31': City Reveals Northgate SmartCode Project Details

Monday, December 1, 2014

Developer Buys Entire Block in Downtown El Paso

National developer Hunt Companies, headquartered in El Paso, has purchased an entire Downtown block, according to an El Paso Inc. story.

The property in question is bounded by Mesa Street, Missouri Avenue, Oregon Street, and Wyoming Avenue. It is home to a two-story bank building on one side and a surface parking lot on the other half. Hunt also purchased a motor bank across Missouri Avenue.

Friday, November 28, 2014

This is 'Metro 31': City Reveals Northgate SmartCode Project Details

Hunt Development Group Proposal Awaits Council Approval

Update: City Council has approved the project.  Read More >>

Original Story: 
The City of El Paso has unveiled details on the planned 31-acre transit-oriented mixed-use project slated for the former Northpark Mall site in Northeast El Paso at the corner of Dyer Street and Diana Drive. The proposal, submitted by Hunt Development Group, will be considered by Council on December 2, 2014.
This concept image shows a residential area within Metro 31, the SmartCode development planned for Northeast El Paso. (City Council Agenda)

Renderings of the project, which is called Metro 31 in several places within the development agreement, show buildings laid out in an urban fashion with little to no setbacks from streets. Structures are of varying height and scale, with some apartment buildings rising four stories.

Tuesday, November 18, 2014

City to Lease Two Restaurant Spaces in Public Buildings Downtown, Near UTEP

Two City of El Paso buildings will get new restaurant tenants, according to this week's City Council agenda. The City2 building and the Glory Road Transit Terminal may see eateries in the coming months.
A Schlotzsky's restaurant will lease storefront space at the City's Mulligan Building in Downtown El Paso, one of two retail spaces in the historic structure. (City of El Paso)

City2, the civic name given to the historic Mulligan Building in Downtown El Paso, has two storefronts for lease, and a Schlotzsky's sandwich shop is poised to open up in one of the spaces. The building is located at 218 N. Campbell Street, across the street from City Hall.

Monday, November 17, 2014

Whole Foods Market Site Plan Revealed, Includes Adjacent Shopping Center

Whole Foods Market officially announced its El Paso location two weeks ago, verifying that it will build a new store on North Mesa Street on the West Side. Now, a rezoning application filed with the City shows the potential site plan for the property on which the grocery store will sit.
The site plan for a development which includes a Whole Foods Market shows its proposed location in West El Paso. An adjacent center may include restaurant, retail, and office uses. (Original Site Plan: City Council Agenda)

Plans show a 45,000 square foot store with a 5,000 square foot mezzanine for a total of 50,000 square feet of space for the Whole Foods Market, which will go up at the corner of North Mesa Street and Pitt Street, about 600 feet east of North Resler Drive. It will be situated towards the back of the property with parking located on the north and east sides of the building.