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EP Vida Awards Airport Hotel Development Project to Jordan Foster

EP Vida Awards Airport Hotel Development Project to Jordan Foster - Jordan Foster Construction February 6, 2014
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El Paso, Texas – February 6, 2014 – EP Vida, LLC announced today that Jordan Foster has been selected to perform predevelopment services for its new four-star hotel and specialty retail center project in El Paso. The project fits into the scope of the Southern Industrial Park Land Use Master Plan at the El Paso International Airport.

“Our team at EP Vida has spent years working on this development and fine tuning the impact it will have on our region,” said William Correa, President of EP Vida. “The reputation Jordan Foster has in our community and nationwide is impeccable and we are thrilled that they have been selected to play a major role in the success of our project at the center.”

The development will feature a 220-room hotel with full service amenities. The adjoining retail center will be comprised of 80,000 square feet of space for specialty retail shops, restaurants, and both indoor and outdoor entertainment venues.

Jordan Foster Construction, LLC is the new entity created last August by the partnership of CF Jordan Construction, LLC and Franklin Mountain JFC, LLC. Engineering News-Record ranked CF Jordan Construction as the ninth largest hospitality contractor in the nation.

"This is an exciting project for the Master Plan at the airport," said Darren Woody, President and CEO of Jordan Foster Construction. "It's a great economic stimulus for El Paso. We're very enthused to be working with EP Vida in creating this four-star destination and venue."

The budgeted cost of the project is $42 million for the hotel property and $22 million for the retail component. Construction is scheduled to begin in 2014 and the property is scheduled to open in the fall of 2015.