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El Paso Inc.: El Paso Owned and Proud

County’s port of entry nears completion

El Paso County officials are anxiously waiting for Mexico to complete work that will allow the opening of the largest and most expensive county project since the Downtown courthouse went up 25 years ago.The U.S. half of the six-lane Tornillo-Guadalupe Port of Entry bridge and customs facilities were completed a year ago, but Mexico’s work on roads to serve its facilities didn’t start until April.

Young El Paso leaders launch Progress321

A group of ambitious 20- and 30-somethings, who would like to see more young people stay in El Paso and become active in the community, has formed a new leadership organization.

Called Progress321, the group is similar to the former Paso del Norte Group but for young people who want to be community leaders and have ideas for growing the economy, improving the quality of life and making the city more attractive to other young professionals.

Army switches off plans for solar farm

Fort Bliss and El Paso Electric have scrapped plans for a large, $46-million solar farm that would have provided power for as many as 7,600 homes.

The solar facility was a key piece of the Army post’s ambitious renewable energy initiative, and the cancellation of the project is a setback for its goal to achieve “net zero,” generating as much energy from renewable energy sources as it consumes.

Borderplex REIT to redevelop Downtown property

Borderplex Realty Trust said Friday it is “retrofitting” a two-story brick building erected more than a century ago in Downtown El Paso’s busy shopping district.

“Based off the recommendation of our structural engineer, we are retrofitting the building into single-story retail space that will be a wonderful new addition to the already changing Downtown landscape,” Borderplex Realty Trust director Bernie del Hierro said in an email.

This week’s market sell-off may not be so bad

It has been a frantic week on Wall Street and in other financial centers, with stocks and other risky assets experiencing their worst week of the year – and in some cases several years.

The U.S. stock market was on track early Friday for its worst week since 2012, and the Hong Kong stock market for its worst since 2011. The British stock market has fallen for eight straight days, the third-longest run on record. The price of oil and emerging market currencies around the world continued a swoon that dates to last year.

More In This Week's Issue

AP - World Headlines

Steve Norwood, El Paso County Administrator

When El Paso Commissioners Court voted last year to go ahead with the creation of a county administrator position, the aim was to make county government more efficient.

AP - US Headlines

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Whispers

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