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Economic incentives could attract businesses to certain part

By Clip Syndicate
Officials with the City of El Paso’s economic development department told NewsChannel 9 they’re exploring ways to attract more businesses to certain parts of town.

http://eplayer.clipsyndicate.com/view/12513/6795991 Video: Economic incentives could attract businesses to certain part
Officials with the City of El Paso’s economic development department told NewsChannel 9 they’re exploring ways to attract more businesses to certain parts of town.
http://chic.clipsyndicate.com/video/playlist/12513/6795991?cpt=8&wpid=2637 Tue, 21 Feb 2017 01:01:01 +0000 Economic incentives could attract businesses to certain part Officials with the City of El Paso’s economic development department told NewsChannel 9 they’re exploring ways to attract more businesses to certain parts of town. http://chic.clipsyndicate.com/video/playlist/12513/6795991?cpt=8&wpid=2637 KTSM to incentives from the city... i'm don guevara. faran: and i'm faran fronczak. newschannel 9's patrick hayes is live in central el paso... and shows us what areas could see an economic impact...patrick. patrick: that's right. the city of el paso tells me they're looking at giving businesses incentives to open shop in areas like the northeast, far east, downtown and five points district. nats jennifer: when you come in and order, we grind the beans fresh. it's brewed fresh for you so every cup is made to order for you." patrick: jennifer brondo works at 2-10 coffee roasters in the five points district. jennifer: "just recently we've seen a boom in businesses and people growth - a lot more people coming in, a lot more faces. i think people are starting to realize this is an upcoming area." patrick: she says the increase is due to some economic redevelopment. and that's one of the things city's economic development departments says they're trying to do. focus on areas that already exist. jessica: ".and very emerging neighborhoods that have very different character like five points which has that close proximity to downtown but also has that neighborhood and residential feel." patrick: herrera says the city is also looking to create incentives to bring new business into certain areas including five points. jessica: "we have about six or seven areas that we've targeted around the city to really help spur new construction and redevelopment and these are available for residential and commercial businesses. " patrick: and that means more people waking up to smell the coffee.in certain parts of town. jennifer: "we're right near the manhattan heights historic district. so there's still a lot to be given for that. not just the past history but there's more room to grow and i think rather than going far west or far west. if we concentrate on the areas that we've turned a blind eye to, it'll make el paso a fuller city." patrick: and just to give you some idea, the el paso economy is expected to grow by two percent in 2017, which utep researchers say is less than last year but still a move in the right direction. reporting live in central el paso, patrick hayes, newschannel 9. don: it's been nearly seven years.. since a cross border shooting happened along the juarez/ el paso border.. and it's now expected to be heard by the patrick: and just to give you some idea, the el paso economy is expected to grow by two percent in 2017, which utep researchers say is less than last year but still a move in the right direction. reporting live in central el paso, patrick hayes, newschannel 9. don: it's been nearly seven years.. since a cross border shooting happened along the juarez/ el paso




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