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Las Cruces approves sale of 15.3 acres in industrial park for speculative warehouse development
Summary
Council approved sale of 15.3 acres in the Las Cruces Innovation and Industrial Park to CLS Development Partners LLC for a two‑phase speculative warehouse project, with proceeds split between the affordable housing land bank and economic development funds.
The Las Cruces City Council voted to sell a 15.3-acre city parcel at 300 Raya Boulevard in the Las Cruces Innovation and Industrial Park to CLS Development Partners LLC for $573,792, the city’s economic development staff said.
Isaac Colguin of Economic Development described the property as fully served by utilities and presented two independent…
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