Local News

Las Cruces is set to experience a new era of growth with the development of Royal Crossing – the largest infill project in the city’s history. Strategically located on North Main Street, with easy access to Highway 70 and I-25, Royal Crossing is more than just a development – it’s a place where people can live, work, and connect.

The project features lots with flexible sizing and zoning, making it an ideal location for a diverse range of businesses, including medical offices, retail spaces, restaurants, and recreation. Its proximity to Three Crosses Regional Hospital further strengthens its role as a key hub for healthcare services in the region.

Revitalizing Las Cruces with Purpose

Royal Crossing is more than just a commercial center – it’s about creating a space where businesses thrive, communities gather, and people feel at home. Key highlights of the project include:

•  Healthcare & Medical Facilities: A prime location for medical providers seeking accessibility and visibility

•  Retail & Dining: A diverse selection of shops and restaurants catering to the community

•  Residential Offerings: Modern accommodations to support the city’s growing population

Royal Crossing represents a strategic investment in the city’s future, transforming the site into a thriving economic and social hub. The development is expected to generate new employment opportunities, attract local and national businesses, and contribute to the long-term prosperity of the region.

Next Steps

As construction progresses, more updates will be provided on project milestones and opportunities.

For a virtual tour of the project, visit: [ROYAL CROSSING VIRTUAL TOUR]

Please note: The virtual tour represents a conceptual layout of Royal Crossing. Final project details, including design and tenant mix, are subject to change as development progresses.

For information on leasing and sale opportunities, view the online listing [HERE]

Or please contact:

NAI 1st Valley Realty

1155 S Telshor Blvd, Ste 100, Las Cruces NM 88011

(575) 521 – 1535

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In 2022, the NMBorderplex Incentive Program demonstrated its commitment to economic development in Doña Ana County. The Community Foundation of Southern New Mexico (CFSNM) and the Mesilla Valley Economic Development Alliance (MVEDA) proudly announced that the program had allocated $530,000 in support to six dynamic companies. These forward-thinking businesses are set to generate 937 new economic-base jobs and usher in over $105 million in fresh capital investments within the county. Among the recipients of this valuable incentive are Artico Cold Storage, Electronic Caregiver, BitWise Industries, and Worthington Farms. Two additional companies are set to be formally unveiled in the months to come, adding to the program’s impressive portfolio.

The NMBorderplex Incentive Program, administered by MVEDA with financial backing from the NM Economic Development Fund (the Fund), is a post-performance, economic-based job creation grant. This initiative, managed by CFSNM, has far-reaching economic implications. It is projected that the investments made in 2022 will result in over $126 million in new household spending and an overall economic impact of $461 million in the region over the next five years.

The success story of the NMBorderplex Incentive Program doesn’t stop there. In its first two years of existence, the program has made financial commitments totaling $805,000 across nine projects in the region, significantly contributing to the creation of over 1,400 new economic-based jobs.

The New Mexico Economic Development Fund, established by El Paso Electric, is a shining example of private sector support for growth and development. With an annual commitment of $1 million over 20 years, this fund is a cornerstone for businesses, projects, and organizations that actively contribute to economic growth, development, and the creation of high-quality jobs within El Paso Electric’s New Mexico service area. The Fund is overseen by three independent board advisors, representing local community leadership, including Ed Camden, John Hummer, and Jerean Camunez Hutchinson. As we step into 2023, Dr. Andrea Tawney will assume the role of the third community advisor, taking over from Ed Camden, whose term has concluded.

For more detailed information about the NM Economic Development Fund, please visit the CFSNM website at www.communityfoundationofsouthernnewmexico.org.

To learn more about the NMBorderplex Closing Incentive and its positive impact on economic growth, contact MVEDA through their website at www.mveda.com.

 

source: https://www.mveda.com/blog/530000-committed-to-creating-of-over-900-new-jobs-through-the-nmborderplex-incentive-program/