Northeast El Paso To Get A New Mixed-Use Development Similar To The Montecillo On The Westside
The westside saw El Paso’s first so-called ‘smart code’ community at the Montecillo development on Mesa. The area is a walkable community with apartments, stores, and restaurants, and, now, the Northeast could be seeing a similar development.
El Paso City Council approved a development agreement with Hunt Metro 31 to revitalize the area where the old Northpark Mall once was. The City paid $10 million for the land in 2011, but had to demolish Northpark Mall because it was so run down. The empty land has been an eyesore for years, but within two years, a new development with restaurants, apartments, and stores, anchored by a Sun Metro transit center with a parking garage will be built.
Three developers submitted proposals to revitalize the site, and Hunt Metro 31, a part of Hunt Communities, owned by El Pasoan Woody Hunt, was chosen for the job.
The development will cost about 112 million dollars, and Hunt Metro 31 will cover most of those costs. The developer will be leasing the land from the City, and have the option of buying it in the future.
About $13.7 million worth of taxes and fees were waived for Hunt Metro 31 in the deal.
I was one of the people who was sad to see the Montecillo built because I liked the little mountain that used to be on that site, but the Montecillo has added a lot of interest to that area of Mesa. Hopefully, the new development in the Northeast will do the same.