Distinguished Alumnus Spotlight: Paul Dipp

Distinguished Alumnus Spotlight: Paul Dipp 

UTEP has named Paul Dipp one of its 2025 Distinguished Alumni, recognizing a career that spans five decades in real estate and the food industry — and a legacy of community preservation, business innovation, and mentorship. 

Dipp reflected on his life and career in a Q&A with Hunt Insights.  

From early beginnings to lasting impact 

Dipp’s journey in business began at age 16, when a meeting with his father and a real estate investor led to his first property management assignment. Two years later, he helped formalize the family’s asset management company. 

“UTEP provided a unique combination of education and a filter for understanding my real-life work experience,” he said. 

Over the years, he has steered projects ranging from the preservation of historic Downtown El Paso landmarks to expanding his family’s wholesale grocery business during the challenges of COVID. 

Lessons from family and teamwork 

Growing up in a legacy company, Dipp absorbed lessons that remain central today. 

The shared philosophy? “Ethical service, product quality, competitive pricing — and the belief that People Count.” 

Preserving landmarks, respecting heritage 

As co-founding partner of Plaza Properties, Dipp played a key role in preserving the Plaza Hotel and Plaza Theatre. 

“We respected the history, architecture, and significance in preserving the assets,” he noted, crediting a family-wide effort that ultimately positioned the properties for restoration by developers. 

For Dipp, preserving community heritage and advancing business go hand in hand: 

Advice to UTEP students 

Dipp has long supported UTEP students through internships and employment. His advice: 

“Set realistic goals, take advantage of resources, and remain open to opportunities. Patience is necessary to succeed. Work hard, maintain a positive attitude, and follow your passion.” 

Looking ahead 

Reflecting on El Paso’s trajectory, Dipp sees continued growth in industries like the military, medical, and distribution sectors, with increasing global investment. 

“The future of our region is bright,” he said. 

Core leadership values 

Faith, integrity, service, and adaptability anchor his leadership.