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Economic Impact of Proposed Town Centre at Cielo Vista

Authors
Publisher
[email protected]
Publication Date
Keywords
  • El Paso Texas
  • Retail
  • Shopping Mall
  • Outlet
  • Input-Output Analysis
  • Impact Study
  • Business
  • Economics
  • Social And Behavioral Sciences
Disciplines
  • Economics

Abstract

Economic Impact of Proposed Town Centre at Cielo Vista University of Texas at El Paso [email protected] IPED Technical Reports Institute for Policy and Economic Development 1-1-2004 Economic Impact of Proposed Town Centre at Cielo Vista Mathew McElroy University of Texas at El Paso, [email protected] Dennis L. Soden University of Texas at El Paso, [email protected] Follow this and additional works at: http://digitalcommons.utep.edu/iped_techrep Part of the Business Commons, and the Economics Commons Comments: IPED Technical Report: 2004-4 This Article is brought to you for free and open access by the Institute for Policy and Economic Development at [email protected] It has been accepted for inclusion in IPED Technical Reports by an authorized administrator of [email protected] For more information, please contact [email protected] Recommended Citation McElroy, Mathew and Soden, Dennis L., "Economic Impact of Proposed Town Centre at Cielo Vista" (2004). IPED Technical Reports. Paper 34. http://digitalcommons.utep.edu/iped_techrep/34 Economic Impact of Proposed Town Centre at Cielo Vista Mathew McElroy and Dennis L. Soden Institute for Policy and Economic Development University of Texas at El Paso El Paso, TX 79968-0703 915.747.7974 Fax 915.747.7948 Technical Report 2004-4 January 2004 1 Overview The proposed Towne Centre at Cielo Vista is conceptualized as a large scale retail outlet planned for east El Paso across the street from Cielo Vista Mall on the former Farah property. Fortis Advisors, the project developer, has asked the City of El Paso for an abatement package to be financed through several sources, including a tax increment financing district and sales tax revenues. In order to gauge the appropriate abatement amounts, the City of El Paso has contracted with the Institute for Policy and Economic Development’s [email protected] group to perform an input-output based economic impact s

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