A September story from El Paso Inc. disclosed that construction would begin within six months, the sixth month being March. City Council will most likely vote on 2/21 to approve the zoning change and give the green light for the project to move forward.
Montecillo is a 293 acre smart code urban village that will cost $777-million to build out and will include 2,500 apartments and almost 500 homes and town homes. The development will also have commercial space, parks, schools, and civic areas.
City Council item: http://www.elpasotexas.gov/muni_clerk/agenda/02-21-12/02211208C.pdf
El Paso Inc. Story: http://www.elpasoinc.com/news/local_news/article_a7b97750-dd8a-11e0-8a5c-0019bb30f31a.html
EPT Land Communities Website: http://www.eptcommunities.com/