Council Approves Contractor For New NE Development
EL PASO, TX – City Council unanimously approved a contractor to take charge of a new masterplan that will develop more than 4,000 acres near U.S. 54 off Martin Luther King road.
Hunt Communities, an affiliate of the El Paso-based and nationally-recognized Hunt Building Corporation, will build homes for the new Northeast development.
The plan calls for the development of a community that will be self-sustainable and include bike paths, schools and commercial developments. The community will be the first of its kind in the entire city.
City officials tell ABC-7 any new development over 50 acres in El Paso will have to be master-planned similar to the one Hunt Communities will develop. The contractor paid the Public Service Board over $27,000 per acre for the right to build homes there. Officials with the contractor tell ABC-7 about 14,000 new homes, in all price ranges, will be built in the area.
The main goal of the development is that it will help the city prepare for the influx of more than 20,000 troops and their families into Fort Bliss.
“It’s going to include everything from a very expensive golf course fronting single family lots to medium and affordable priced housing for the entry level market…the idea is to not stick all the rich people in one part of town and all the poor people in the other part of town but to build a community and neighborhood where there’s a place for both,” stated Gary Sapp, the CEO of Hunt Communities.
