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El Paso Invests $1 Million for Renovation of Historic La Popular Building

KVIA••Mia Tricarico
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The El Paso City Council has approved an additional $1 million to support the renovation of the Popular Dry Goods building, a historic structure in Downtown El Paso. This funding supplements a previously approved $6.72 million incentive package aimed at revitalizing the site, which has been a fixture for over a century. While the project is expected to enhance urban living by introducing moderately priced apartments, it has sparked debate among residents about the use of taxpayer money for private developments. The renovation must adhere to strict preservation guidelines due to the building's status on the National Register of Historic Places, with completion anticipated by 2028.

Key Details: • Total funding for the project now stands at $7.72 million. • Completion of the renovation is projected for 2028. • The building sold in May 2025 to Grayce Property Consultants.

city-council housing historic downtown renovation

People & Organizations

El Paso City CouncilDowntown El PasoGrayce Property Consultants

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