NEWSLETTER

November 25, 2024

BUY EL PASO

Our favorite day of the year is just around the corner! Buy El Paso Day is happening on Saturday, December 7th, and we want your business to be part of the celebration!

Sign up now to:

✅ Be listed as a participating business in the Buy El Paso Directory located on BuyEP.org

✅ Gain visibility to help add foot traffic to your business

✅ Become part of an ever-growing small business community

To participate, your business must be a part of the Buy El Paso Rewards Powered by Open Rewards program.

Women's Accelerator Program

The Pioneers 21 Women’s Accelerator Program has helped an amazing group of women entrepreneurs grow their businesses, build strong networks, and reach new goals. Through hands-on workshops, team projects, and advice from experts, these women came up with creative ideas and plans to make their businesses even better.

The program concluded with big wins, including getting important funding to help their businesses grow. This shows how hardworking and creative they are, as well as how the program helps build a strong community of women leaders in business.

Congratulations to these trailblazers for their awesome achievements and for shaping the future of entrepreneurship!

The Future of Aerospace

Defense & Advanced Manufacturing

El Paso Makes hosted the Manufacturer and Supplier Summit (MaSS), a dynamic event showcasing the innovation and expertise of manufacturers from the El Paso and West Texas region. This summit served as a platform for manufacturers to connect with buyers, making it easier to get the right products to the right people.

The event spotlighted a diverse range of capabilities, including precision machining, tool and die making, plastic injection molding, additive manufacturing, electronic components, automation, and robotics. Visitors could explore exhibits and talk directly to small and medium-sized manufacturers creating cutting-edge products. The summit highlighted the Aerospace and Defense and Advanced Manufacturing industries that drive El Paso's growth and strengthen supply chains.

El Paso Makes remains dedicated to fostering the growth of West Texas manufacturers by connecting them with new opportunities and customers.

Infill Development at

Crossroads Drive

El Paso continues to promote sustainable economic development with the approval of a new Chapter 380 Infill Agreement for PAAR Partners, LLC. This $900,000 investment will transform a vacant lot at 5037 Crossroads Drive into a modern apartment complex featuring 12 units with balconies, full kitchens, living rooms, washers, dryers, and parking spaces.

Supported by the City’s Infill Development Incentive Program, the project includes a $26,790.71 incentive package, which encompasses construction fee rebates, property tax exemptions, and sales tax rebates. Expected to generate $3.4 million in community tax benefits over its agreement term, the project aligns with the City’s commitment to revitalizing vacant properties and diversifying neighborhoods.

This development underscores El Paso’s dedication to creating a thriving and vibrant community.

Transforming History with Adaptive reuse for Mixed-use Development

The City Council approved a $6.7 million incentive to help transform the historic Popular Building at 301 San Antonio Avenue. Built in 1914 by famous architects Trost & Trost and listed on the National Register of Historic Places, this iconic building will be renovated for $42 million to bring it back to life and support the city's growth.

The redevelopment will include:

• 99 apartment units, with 15% set aside as moderately affordable housing
• A variety of unit types for different residents
• Ground-floor retail space to make downtown more lively
• A 65-space parking garage at San Antonio and Mesa

Led by El Paso native Robert Palacios and supported by national experts McCaffery Interests, the project aims to revitalize downtown El Paso while preserving its historic charm. This project shows a strong commitment to keeping the city’s historic buildings while helping downtown grow.

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