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Council approves Chapter 380 incentive for Paddle Paso entertainment and restaurant complex
Summary
The council authorized a Chapter 380 economic development agreement for Paddle Paso Properties LLC, supporting an entertainment district with paddle courts and a full‑service restaurant; the package includes property and sales tax rebates capped at modest amounts tied to the owner’s $3.685 million investment.
The El Paso City Council unanimously authorized a Chapter 380 economic development agreement with Paddle Paso Properties LLC for a proposed entertainment complex that would include paddle courts and a full‑service restaurant.
Bill Allen of Economic and International Development presented the agreement, describing the project as a sports‑tourism and restaurant investment with a capital investment the city summarized at about $3.685 million (land and construction combined). Staff said the owner expects to create three full‑time positions averaging about $58,000 in annual pay and roughly 20 part‑time jobs.
Under the proposed agreement, the city would provide modest incentives: a five‑year 50 percent property‑tax rebate (capped), a one‑time materials sales‑tax rebate capped at $7,500, and a one‑time permanent fee rebate capped at $10,000. Staff estimated the total incentive at $45,425 and said the net projected property tax benefit to the city over time would exceed the incentive cost.
Councilmembers asked about project timing and community fit; the owner expressed a target to open by mid‑December and described paddle as a sport similar to tennis with a rebound‑wall element. The council approved the agreement unanimously.
