Tax incentives approved for Northeast El Paso mixed-use development

KDBC
Tuesday, August 5, 2014 - 7:30pm

El Paso City Council approved tax incentives for the developer looking to bring a smart code project to Northeast El Paso.

Cavillion Developers is looking to build a mixed-use property on Fairbanks near Rushing with retail shops on bottom and apartments on top. The project will include an art gallery, a bookstore and a flower shop.

Tuesday, council agreed to give the developer a five year tax abatement, worth about $3,100, and also waived about $10,000 worth of permit fees.

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