Bassett Place Mall Tenant Improvements

The Bassett Place Mall Tenant Improvements project involves the renovation of 8,700 square feet of suite space within the existing mall building at 6101 Gateway Blvd W in El Paso. The work is classified as a Renovation/Alteration with an estimated cost of $950,000. Bassett Place Real Estate Company, LLC is the owner of record for this privately funded development on private land.

New Republic Architects serves as the design firm for the project. The scope of work is described specifically as tenant improvements to various suites inside the existing mall structure. The estimated cost translates to $109 per square foot. The project was registered with TDLR in May 2019, and plan review was completed in the same month.

Project Scale and Cost Context

With an estimated cost of $950,000, this project is above the county median for its type, placing it in the top quarter of similar renovation filings in El Paso County. The median estimated cost for renovation and alteration projects in the county is $204,600. The scheduled build window for this project is 182 days, which is longer than the county median of 120 days. The cost per square foot of $109 is also above the county median of $66 per square foot.

Bassett Place Real Estate Company, LLC has one other TDLR-registered project in El Paso, named Bassett Place, with an estimated cost of $80,000. New Republic Architects has been involved in six other TDLR-registered projects in the area, with a combined total value of $3,945,000. These projects include the Flor de Barro Art Gallery, The Hospitals of Providence Sierra Campus, Peyton Medical Plaza, Gecu, and Viva KIA.

Status and Location

The filing indicates construction was scheduled to start in May 2019 and finish in November 2019. However, TDLR has not yet recorded a final inspection, so the current state of the site is not confirmed in the public record. The project is located in El Paso County, near other registered businesses such as GECU Federal Credit Union and Nusenda Credit Union. The surrounding area includes several lodging and retail establishments, including Embassy Suites by Hilton El Paso and Target.

According to U.S. Census ACS 2023 five-year estimates for ZIP 79925, the population is about 40,241. The median household income is $57,735, and the median owner-occupied home value is $176,300. The housing stock consists of an even mix of owner- and renter-occupied units. This context helps situate the project within the local economic and residential landscape of El Paso.