Credit Country Club Estates / Las Cruces
The city of Las Cruces was considering an enormous economic incentive to an out-of-state developer who owns the former Las Cruces County Club property.
But when the deal faced scrutiny, the developer withdrew his proposal.
The incentive would have created the Royal Crossing Tax Increment Development District. An analysis of the proposal was recently presented to the Las Cruces City Council.
The proposed Royal Crossing project would have diverted a projected $262 million in future tax dollars toward developing the former Las Cruces Country Club site. While the TIDD request was withdrawn by developer Zach Wiegert in August, some city officials are eager to see a new deal move forward. Councilor Gabe Vasquez says the development would be a much-needed economic boost.