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Downtown El Paso is ready to be re-established as the heart of the community. Redevelopment will transform 326 acres into a vibrant place to live, work, play,
shop and visit via a strong public and private partnership.
El Paso is seeking to provide for a broad range of retail choices in Downtown, sites for larger retail stores to meet the strong cross-border demand, and mixed-use and multi-tenant housing opportunities.
The El Paso City Council created a Tax Increment Reinvestment Zone (TIRZ) for 288 acres of the DOWNTOWN Plan. In its first two years of the TIRZ, property values climbed by 40 percent to almost $446 million. The TIRZ Board No. 5 meets every second Thursday of the month at 7:30 a.m. on the 10th floor large conference room at City Hall, 2 Civic Center Plaza. The public is welcomed to attend these monthly meetings.
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