Monday, February 27, 2012

'The Mix' Adds Downtown Housing

A new "upscale, urban" mixed use development has added 14 modern apartment units to Downtown's Union Plaza District. Octavio Gomez, founder/owner of Union Plaza hot spots such as 1914 Lounge, Brick and Mortar, and The Garden, has renovated a century-old building at 518 W. San Antonio Avenue and is calling it The Mix, as reported in this week's El Paso Inc.

Aside from the 14 apartment units, the space also contains thousands of square feet for retail/commercial uses. Four spaces have already been leased, one to an engineer's office, two to boutiques, and another to an art studio. Gomez says that most of the apartment units have also been leased. One-bedroom units rent for $600, a two-bedroom unit for $800, and a three-bedroom unit rents for “about $1,000,” according to Gomez. For an extra $50 a month, renters can reserve a parking space in an adjacent lot.

The total renovation cost Gomez around $1.5 Million. Housing has been an element largely missing from downtown revitalization, and interest in this project could spark additional development nearby.
Plan Presented to City Council for The Mix
Original El Paso Inc. article: http://www.elpasoinc.com/news/local_news/article_cae7673a-616c-11e1-8457-001a4bcf6878.html
September 2011 El Paso Times article introducing the project*: http://www.elpasotimes.com/business/ci_18919070

*Please note: El Paso Times articles are available for a limited time online before they are archived.

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