El Paso, TX (August 28, 2023) — The El Paso Downtown Management District (DMD) is excited to announce that the Board of Directors has approved grants for improvements to the building located at 320 Texas Ave. This decision reflects the DMD’s ongoing commitment to the revitalization of Downtown El Paso.
Oro Investments LLC, the owner of the property at 320 Texas Ave, applied for Facade and Signature Signage and Lighting Grants as part of the DMD’s grant programs. The grants will support improvements to the building’s façade, add lighting and restore its signature signage, contributing to the overall aesthetic and vibrancy of Downtown El Paso.
The maximum approved grant for the Facade Improvements is $22,828.78, while the Signature Signage and Lighting Grant has been approved for a maximum grant of $23,132.50, bringing the total grant to an impressive $45,961.28. The property owner is required to match each grant dollar with an equal private investment. This substantial investment underscores the dedication of this private entity along with the DMD’s revitalization efforts in the downtown area.
“The El Paso DMD is thrilled to collaborate with Oro Investments LLC in this transformative project for 320 Texas Ave. These grants exemplify the kind of public-private partnerships that are vital for the continued growth and enhancement of our downtown community,” said Joe Gudenrath, Executive Director, of the El Paso Downtown Management District.
To continue the momentum of the Downtown revitalization, the DMD has introduced a range of grant programs designed to complement private investments in various improvement projects. These programs cover facade enhancements, signature signage and lighting, murals, as well as pedestrian corridor improvements. The DMD’s commitment to supporting these initiatives reflects its mission to create an inviting, vibrant, and economically prosperous Downtown district.
For further details about the El Paso DMD Downtown Improvement Grants and how you can participate, please contact the Office and Project Coordinator, Teresa Mais, at [email protected].
The El Paso Downtown Management District is excited to witness the transformation of 320 Texas Ave and looks forward to more collaborative efforts in reshaping Downtown El Paso’s landscape.