Thursday, April 12, 2012

City Interested In Historic Downtown Building

The City Council will meet in executive session next week to discuss matters pertaining to 215 N. Mesa, the location of the historic Roberts-Banner Building in downtown El Paso.
Due do the nature of transactions concerning real estate, Texas Government Code allows city and county governments to meet behind closed doors in order to avoid negatively affecting the City's position in negotiations. Therefore, the exact purpose of the discussion of the property in question is unknown, but discussion could lead to a future purchase or lease of the property in question. The City may also be determining the building's value in order to offer incentives to encourage redevelopment by the current owner.
The Roberts-Banner Building was built in 1910 and designed by famed El Paso architect Henry C. Trost. It is part of a block which borders the northern edge of San Jacinto Plaza, and only one block away from the newly renovated Mills-Plaza area. The building has been owned by River Oaks Properties since 2005.

City Council Agenda:
City's Roberts-Banner page: