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Five El Paso Firms bid to flip City Hall’s Parking Lot to Mixed-Use Urban Development

The City of El Paso is moving forward in the process to seek a private sector partner(s) that will transform the underutilized City Hall parking lot into a mixed-use urban development with structured parking.

Five proposals were submitted in March 2016 and evaluations are currently underway on the multiple proposals received.

Interviews will be conducted in the next few weeks with short-listed respondents. The City will then proceed with negotiations with the top-ranked respondent. The selection of the ultimate winning proposal, which will be decided by late summer, will be based upon what is most advantageous to the City.

“To see multiple proposals come in for this exciting project is a good indication of the continued interest and confidence the private sector has in our city,” said Mayor Oscar Leeser. “We are already seeing a steady influx of activity related to residential, mixed-use, commercial and office developments, and this next project will serve as another major catalyst in our continued economic growth.”

This unique public-private partnership will not only address the parking needs of the City but will also create diverse economic development opportunities.

The City’s request for proposals (RFP), formally released on October 2015, announced the City’s interest in partnering with the private sector for the redevelopment of the current City Hall parking lot which sits on a full downtown block at the corner of Mills Avenue and Campbell Street.

The potential development partner would build on the entire 1.55 acre property in exchange for a ground lease of the site and other potential incentives, ranging from fee and property tax waivers to long term low cost leases. The City requires that the potential partner provide 500-700 parking spaces for municipal and private use.

Development opportunities for the site include, but are not limited to: residential units (for sale or rent), hotel project, ground floor retail, and/or restaurant(s). In addition, the City desires a high density project with an urban format that is architecturally significant and unique.

Additional information on the submitted proposals can be found HERE

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One comment

  1. Albert Velarde

    After seeing what the Meyers Group has plans for the Shadow Mountain Tower development’s 22 story mix/use building, I am so excited about the vacant city block proposal will look like. Once the winner of a group of five developers are chosen, and I’m banking on the city to pick the Meyers Group in which I hope they do.
    Unless of course one the other groups of the five has a better design architectural structure since they have not yet allocated any rendering photos of what they have to offer.
    I’m hopping for something of great design,style,with mix/use purpose that would include somewhere over 30 floors and over 500 feet high making it El Paso’s tallest building.
    The Wells Fargo Bank building currently has held the title of El Paso’s tallest topping off at 21 floors of office space not including what appears to be a penthouse making it look like 22 stories tall.
    Back when the State National Bank was completed and opened for business on December 1971 they use to claim that it was 22 stories tall, but the elevators in the building will only take you 21 floors up.
    I want to see something of greater height a much bigger building than anything you will find either in Albuquerque or Tucson, since both cities always boast about their tallest downtown buildings.
    But better yet a notable building that will topple the Wells Fargo Bank buildings height a building that will make downtown El Paso want to make you take a second glance or stare.
    Can’t wait to see the outcome later this summer, downtown El Paso is on a roll, I was there just this past Wednesday and I could feel the vibes of positive progress. Downtown El Paso is coming back to life,Southwest University Park stadium,the electric street cars project,new Artspace Lofts,a new CourtYard by Marriott hotel in the works.Among other developments the just opened Martin building lofts, the new Hotel Indigo, Bassett Tower turning into a new Aloft Hotel and not to forget the renovated San Jacinto Plaza. Might have taken forever but better late than never! also in the works the International Building, a Henry Trost design building has new owners and new plans to maybe restore the building back to it’s original ornate design.So many beautiful architectural buildings in downtown El Paso siiting there just waiting for someone to restore them bring them back to life and give them some Love.
    I’m talking about the Banner Building,the Kress building,Caples building, the American Furniture, the former Popular department store,so many buildings and more.

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