El Paso Eastside Sports Complex TIF & PID
City of El Paso, Texas
The City of El Paso was interested in establishing a Public Improvement District (PID) and Tax Increment Reinvestment Zone (TIRZ) to pay for a portion of the Eastside Sports Complex. In 2012, partial funding for the Eastside Sports Complex was approved by City of El Paso voters as part of the quality of life bonds. TXP was retained to develop a real estate build out forecast for the area as well as a feasibility analysis, project plan, and financing plan for the PID and TIRZ.