McGee started his successful career at MIMCO in 2017 as Vice President, focused on leasing MIMCOs ever-growing Central and South Texas portfolio. And very student-friendly menu prices. By Sara Sanchez / El Paso Inc. staff writer Feb 26, 2023, El Paso Inc. staff Jan 1, 2023 Updated Jan 4, 2023, Copyright 2023 | River Oaks Properties |, Providence reveals plans for Far East health campus, Providence plans medical office complex, eventual new hospital in booming Eastlake area, El Paso leaders share 2022 achievements, top concerns for 2023, River Oaks welcomes El Paso attorney as general counsel, West Towne Crumbl Cookies opens in west El Paso, Ground broken for Endeavors Veteran Wellness Center in East El Paso, set to open in 2024, Albertsons grocery store in Horizon City projected to open 2024, Business openings and closings in El Paso area: Earl of Sandwich opens Friday, Hot industrial market bringing logistics park to high-profile East El Paso land, Shop Delray acquired by generational real estate investment company River Oaks Properties. Documents show a franchise location will be going up at 4810 Woodrow Bean Transmountain Dr. Like the two Dutch Bros that have already opened around El Paso and the three currently under construction, the future northeast location will have a double drive-thru lane and walk-up window. MIMCO, like most landlords and developers in Texas, has seen an enormous jump in demand for sites that offer drive-thru and pick-up windows. He has a master of accountancy from the University of Texas at El Paso. a lot more traffic, like everyday and at all times, but its very nice because we didnt have anything and now we do.. A residential community that will includes homes and apartments, a school, and a hike and bike trail system is currently being developed near Painted Dunes Golf Course. According to the MIMCO properties website, new stores including a Big Lots, DDs Discounts, Melrose and The Boot Jack could open soon. A $1.5 million grant will establish the Augustus F. Hawkins Center of Excellence in Hispanic, El Paso Mayor Oscar Leeser has reappointed three commissioners to the board of HOME, the El Paso public housing authority that provides low-cost housing for 52,000 residents. The U.S. Supreme Court Chief Justice John Roberts issued an "administrative stay . MIMCO, one of El Pasos largest commercial real estate development and management companies, is the new owner of a shopping center on the Eastside. Our top news stories delivered directly to your email inbox. Daily Weather Forecast ), 4 Other New Businesses Coming to Northeast. Taiwan company says no decision made on placing manufacturing plant:Published news out of Taiwan that a company there plans to put a manufacturing plant in El Paso to make components for Tesla electric vehicles mightbe premature. One theme emerged: Many are concerned about worker shortages, inflation and the risk of a recession in 2023. The club focuses on , The Hospitals of Providence has completed the $2 million renovation of its cardiac catheterization lab at the Memorial Campus. The center also includes an Ace Hardware store, a Family Dollar and a Fallas discount clothing store. Invalid password or account does not exist. A Guatemalan man was killed on Thursday, as he and five other migrants were running across the Border Highway, reported KFOX-TV. EL PASO, Texas- In the last year, the Eastlake area has expanded exponentially, from restaurants to stores, the community has seen significant growth. At the height of marketing this project, the pandemic hit, leading to uncertainty and some delays. First, a brand-new Olive Garden opened in February followed by a Burlington in March. An site plan illustration shows it adjacent to Olive Garden. The incubator focuses on providing tools and beneficial resources to owners such as veterans, minorities, women, immigrants, and previous felons. Since August, the sixth largest city in the Lone Star State has been dealing with a sharp increase in immigrants that has threatened to collapse city services. The state-owned carrier, based in the business and tourism hub of Dubai in the United Arab Emirates, reported $327 million in profit in 2022, up 43% from the . Monika Published: March 8, 2022. ma. However, after spending $9m on those projects the city has discontinued both until it recieves reimbursement from the federal government. Delivery & Pickup Options - 34 reviews of Dunkin' "Maybe it's just this location, but I didn't enjoy my experience here. Please direct all media inquiries to [email protected]. He has spent the last several years involved in MIMCOs executive management decisions. The event provides businesses the opportunity to learn how, El Paso Electric recently recognized six contractors with its Texas Energy Efficiency Top Participating Contractor Awards. MIMCO bought the 178,000 center at an undisclosed price from Noddle Companies, a real estate firm based in Omaha, Nebraska, that owned the property since the late 1980s. However, as time passed, it became clear that business would return, operators still needed to grow and the fundamentals that proved up the site in the beginning remained the same. The northeast's come up is real, y'all. The brand, which is about three years old . Northeast El Paso Seeing Long Overdue Growth. Anthony Blanco poses with his wife Glenda Matos and 1-year-old Brenda in the cold of El Paso, Texas. The first is on Montana. The border will reopen in November, though an exact date hasn't been announced. is opening next Thursday and will bring more than 100 new jobs to the area. In a short time, McGee has proven himself as a creative dealmaker with unparalleled skills to manage all aspects of a transaction. The 2023 defense budget, up 20% from a . They are: Dr. Lorenzo Aragon, family medicine specialist; Dr. Javier Chavez Corral, oncology/hemato, The University of Texas at El Paso is one of nine universities that will research the development of artificial intelligence to aid speech-language development in young children. This has led to renewed calls from some council members to declare an emergency and ask for state assistance, which the towns mayor, Oscar Leeser, has been reluctant to do. All information contained herein from sources deemed reliable, not guaranteed. 2022-0779: Modesto Gomez Park Improvement (Re-Bid) 2022-0779 BID TAB.pdf: 2022-0759R: Design-Build Services for El Paso Public Safety Training Academy and Fire Department Headquarters: 2022-0759R Bid Tab.pdf: 2022-0747: Rojas Drive Widening: 2022-0747 Bid Tab.pdf: 2022-0678: Job Order Contracting and Facilities Construction: 2022-0678 Bid Tab . And now, a Dutch Bros Coffee and four other new businesses will open on that side of town by the end of . EL PASO, Texas One of the newest Chick-Fil-A locations will open next week. It's unclear if the reopening will come in time for Da de los Muertos, the Day of the Dead holiday celebrated on Nov. 2. More; El Paso Water's $10 million pipe replacement work to bring East Side traffic headaches Five East El Paso intersections will be affected by major water main work over a two-year period. The group is proposing a four-story building . But not much is for sale in El Paso because Mimco, River Oaks Properties and the Malooly brothers own most of El Pasos shopping centers and dont sell them, Ayoub said. Robot umpires, known as the Automated Ball and Strike system, are coming to Triple-A baseball in 2022, including the El Paso Chihuahuas. Code It will , The El Paso Chamber has named the officers of its new Events Club. All will likely open by the end of the year. Anthony Martinez, a UTEP graduate, is the franchise owner for the Airway location. If you left an employer in 2022, make sure they have your current address. We're always interested in hearing about news in our community. The two companies will work together to increase the growth and advancement of local small businesses. The Business Development Division is dedicated to our business community, acknowledging their importance and contribution to our citys job growth and economic development. An email has been sent to with a link to confirm list signup. Ryan Hoover has joined River Oaks Properties as general counsel. If you would like to start your own business in the state of Texas, check out theChamber of Commerce's guidelinesfrom securing funding to drafting a business plan. Andy can be reached at [email protected]. Mimco Inc., a large El Paso shopping center development company, has purchased Montwood Mall on the East Side. ), 4 Other New Businesses Coming to Northeast. Copyright 2023 MIMCO A Hello Amigo Website On Wednesday, national service organization Endeavors held a groundbreaking ceremony for a new Veteran Wellness Center at 12135 Pebble Hills Blvd. Pioneers 21 fosters the creative and economic potential of the region. Likely building demolitions part of three top proposals for remake of I-10 in Downtown El Paso:Up to 30 commercial and residential buildings mightneed to be demolished as part of the proposed, multimillion-dollar expansion and remake of Interstate 10s Downtown segment, recently released Texas Department of Transportation information shows. The center years ago was a minimall, with a large part of the center enclosed from the supermarket building to the movie theater building, said Alfredo Aguayo, maintenance manager at the center, where he has worked for 39 years. Migrants spend the night on the street at the Centro Pastoral Sagrado Corazon in El Paso on Tuesday, Dec. 20, 2022. Programs Connect Coach Advocate Innovate El Paso Chamber Leadership Program Business Solutions Center EPC El Paso . However, those dates arent always set in stone. AMAR Peruvian + Mexican Kitchen opens in El Paso serving authentic Peruvian cuisine. Currently, under various stages of construction, is a Tommys Express Car Wash, Jiffy Lube, Marcos Pizza, and Tropical Smoothie Caf. If you would like to share a story idea, please submit it here. Dutch Bros Coffee Brewing Up Northeast Location. Tesla in El Paso? Market competition is advantageous and a key driver of innovation. Oh, hell no thats a big mistake, said Lujan. El Paso Inc The park will feature six rides, six themed playscapes, and a water play area to . "It's a great new area with access to a lot of different directions. Stay up to date with Sacto 911, the latest crime news from the Sacramento area and Northern California. Ayoub said he sees potential in the aging shopping center at the intersection of Yarbrough and Montwood, but they dont have any development plans yet. Since last year, Eastlakers have enjoyed the addition of retailers such as Dollar Tree, Ross, DD's Discount, Specs, and Dutch Bros. Like Cimmaron in northwest El Paso, Eastlake Marketplace Center is booming with new businesses as it prepares to welcome dozens more retailers, restaurants, and many more companies in the next few years, beginning with a few local favorites. ma. 303 N Oregon Street | Suite 610 | El Paso, Texas . Plan out your weekend with our calendar of events, as well as lifestyle, community features, arts and culture, entertainment and sports stories from across the borderland every Friday. North Mesa between the University of Texas at El Paso and Executive Center is seeing some growth with new businesses recently opening and a few more under construction. 2023 NYP Holdings, Inc. All Rights Reserved, becomes the number one location for immigrants to cross into the US, 81-year-old man mauled to death by dogs IDd as Air Force vet, NYC Chinese criminal gang steal identities of 3,000, targeting look-alikes of illegal immigrants, Disastrous Waco raid 30 years ago still fuels extremism, Instagram-famous Texas home with helipad, chapel lists for $5.59M, when the Title 42 measure which has been used to eject migrants from the US ends, bused nearly 14,000 asylum seeking migrants to New York City. El Paso (/ l p s o /; Spanish: "the pass") is a city in and the seat of El Paso County in the western corner of the U.S. state of Texas.The 2020 population of the city from the U.S. Census Bureau was 678,815, making it the 23rd-largest city in the U.S., the sixth-largest city in Texas, and the second-largest city in the Southwestern United States behind Phoenix, Arizona. El Pasos largest hospital operator and health care network is going to get bigger as it taps into the booming area along Eastlake Boulevard in far East El Paso County. We love to see this variety move into our market and drive competition for their next great location, states Scott Walker, President of MIMCO. Thanksgiving Is Still Weeks Away, but Trader Joe's Already Brought Back These Winter Holiday Favorites . The southwest United States, particularly Texas, has our focused attention, stated Meyer Marcus, MIMCOs Founder and Chairman. Lujan first noticed immigrants in his neighborhood two years ago, as they ran through the neighborhood to evade Border Patrol. Judy Robison is chair and L. Frederick Rick Francis is vice chair. Acquired by River Oaks from Banyan Development for approximately $25.5 million, Shop Delray is a trophy quality retail asset located at the corner of W Atlantic Avenue and Lyons Road where West Delray Beach and Boca Raton intersect. Andy Moreno has been with MIMCO 14 years working operations, acquisitions, and business development with tenants. El Paso builder Edward's Homes expands into Las Cruces, will invest about $30 millionin area: Tesla in El Paso? Business travelers will also soon have their pick of two new lodgings in downtown Colorado Springs, including a seven-story, 120-room Hyatt Place located at Kiowa Street and Nevada Avenue and the . The Sierra Campus is the only hospital in the region to achie, Las Palmas Medical Center and Del Sol Medical Center received the Healthgrades 2023 Americas 250 Best Hospitals Award, which recognizes their performance in providing care across multiple specialty services. El Paso Chamber News. Ever since Biden said, Come on over, theyre coming over, Lujan said. San Antonio, Texas: Commercial real estate firm MIMCO has partnered with San Antonio based non-profit, Emerge and Rise. The lack of existing supply, coupled with increased demand has turned average pad sites into highly sought-after options in the market. MIMCO thrives on developing these relationships and is constantly searching for A+ sites to put in front of businesses that provide new experiences for the people of El Paso. And that's just the beginning because Eastlakers will soon be welcoming Churras Queria Brazilian Steak, McAllister's Deli, Applebee's Grill & Bar, Great American Land & Cattle Co., Cracker Barrel, and so many more. Documents show a franchise location will be going up at 4810 Woodrow Bean Transmountain Dr. Like the two Dutch Bros that have already opened around El Paso and the three currently under construction, the future northeast location will have a double drive-thru lane and walk-up window. When marketing of the redevelopment kicked off, activity was strong. Visit MIMCOs newest development at the corner of Woodrow Bean Transmountain and Kenworthy St for an excellent lineup of tenants! Terms of Service | Privacy Policy | Community Guidelines |, KVIA-TV FCC Public File | FCC Applications |, Breaking News The rendering shows a 9,375-square-foot lot and a 4,530- square-foot lot could also be available. Texas Real Estate and Business. The remaining land parcels up to 1.00 AC are avaialable For Lease, For Sale, or Build-to-Suit. He will now be managing and leading an eight-person department tasked with keeping occupancy high, deal flow steady, and building new tenant relationships for long term growth. [email protected]. Find a list of additional helpful resources and a list of the nation's leading business mentoring networks. El Pasos been great, weve had a huge turn out weve actually been one of the top performing Crumbls in the country since weve opened and were continuing to expand here, said Shaun Marsh, Owner of Crumbl Cookies. Look forward to a year of new shows including Ice Cube, Los Tigres del Norte, and Reik. In addition, new retailers continue entering El Paso and joining these new developments, leading to compounding growth for El Paso as these new entries look for multiple locations. Mimco, LLC (MIMCO) is excited to announce that it is growing its team of 50+ talented professionals at its El Paso, Austin, and newly constructed San Antonio offices. The commissioners are: Eileen Karlsruher, chair; Anna Perez, vice-c, Leadership Women has announced the El Paso participants of the Leadership Texas class of 2023. South-West Texas Border Small Business Development Center (SBDC) Network: Veterans Business Outreach Center (VBOC) Program, Institute for Veterans and Military Families (IVMF), Veteran Women Igniting the Spirit of Entrepreneurship (V-Wise). They have welcomed about 30 stores at the Eastlake Marketplace alone, with more in construction. Hakes Brothers is attracting new home owners and businesses in far east El Paso. There will not be any indoor seating. CORPUS CHRISTI, TEXAS MIMCO, a retail investment and development firm based in El Paso, has acquired Five Points Shopping Center, a 276,593-square-foot retail power center in Corpus Christi. The Best Books of 2022 (So Far)According to Real Simple Editors. We anticipate all the new homeowners from up Mission Ridge, just up Eastlake, to shop there and everyone coming up from . Below is a list of all our partners, link on their links for more details: Veterans have many opportunities to take advantage of if they own or plan to own/create a business. The city has chosen two CDFIs to work closely with, and the Office of Economic Development is joining them in a series of small business . Northeast El Paso has been undeserved by businesses for years, but more shopping and dining establishments are opening locations in the area or announcing plans to do so. Noddle officials were not immediately available Monday for comment about the sale. It used to just be sand, that was it, just desert but now it's very different, said Valentina Verdugo, a resident living in the area. Stay Connected! Contests & Promotions, 2023, NPG of Texas, L.P. El Paso, TX USA. A Texas Enterprise Fund grant of $525,000 was extended to the company. This will be the second El Paso location for the "Mexican cantina specializing in Tequila and Mezcalwith a mix of modern yet authentic (Mexican) food." Shoho. MIMCO has recently had success repurposing former small-format gas stations, well-positioned office buildings on major arterials, and even tennis courts, into a new class of retail loaded with quality tenants. Scott Walker, named President. From a new burrito place to a car wash . Mentoring networks been announced economic potential of the region with a link to confirm list signup Chamber named! Such as veterans, minorities, women, immigrants, and Reik market. 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