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new las cruces tax district could spur former golf course site development

7/17/2020

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A move to continue the redevelopment of the former site of the Las Cruces Country Club is underway as Las Cruces inches closer to creating a new tax distract to facilitate construction there.

Members of the Las Cruces City Council have now approved a resolution declaring an intention to form what is being called the Royal Crossing Tax Increment Development District.

That district will make it possible for the building of new infrastructure at the former golf course site to be largely paid for out of property and gross receipts tax revenue.

The move, which is subject to public comment until August 10, with a public hearing scheduled on the matter one week later, is regarded as the next step in giving a new definition to the golf course on the property at 2700 N. Main Street.

The country club at the site closed down in 2011, with work on a 30-acre medical campus beginning in 2018.

Omaha, Nebraska-based development company LC Nova has proposed new uses for the larger site, including the building of new retail space.
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A portion of the site is additionally within a federally designated Opportunity Zone, meaning that new construction or development there could be eligible for preferential tax treatment.

By Garry Boulard

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