EL PASO – The Housing Authority of the City of El Paso has won the historical designation it needed to push ahead with the transformation of the Blue Flame building.
That makes the housing authority eligible for $16.7 million in federal and state historic tax credits.
The project has also received $15 million in federal Low-Income Housing Tax Credits.
Work will begin immediately to turn the long-vacant office building into apartments, offices and retail space.
When finished in about two years, the 16-story building will have 12 floors of apartments for low-income residents, three floors of offices and retail on the ground floor.
The tower was built in the 1950s for El Paso Natural Gas, and is known for the flame weather beacon on top of the building, which used to change colors depending on the weather forecast.
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