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Huge Santa Teresa development aims to fill workforce housing shortage

Posted on AllSides May 2nd, 2024
From The Center

Santa Teresa, a logistics center on El Paso's western edge, is finally set to get a long-needed, large housing development. It will be built on land that years ago was to be part of prominent El Paso businessman William "Bill" Sanders' plans for a city-sized housing project in the New Mexico desert. Sanders (the father-in-law of former U.S. Congressman Beto O'Rourke) and his former company, Verde Realty, dropped the ambitious, 20,000-acre, 25,000-home project about 15 years ago and sold its land holdings. No one has moved to build housing on...

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https://elpasotimes.com/story/money/business/2024/05/02/huge-santa-teresa-new-mexico-development-aims-to-fill-workforce-housing-shortage/73516997007

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