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In page Monterrey:

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In 2010, Monterrey was hit by another damaging storm, Hurricane Alex which was considered worse than Hurricane Gilbert, with record-breaking rain bringing floods and causing severe economic damage. Damage estimates totaled US$1.885 billion and $16.9 billion MXN. Reconstruction and urban renewal ensued. Recently, the Nuevo León Development Plan 2030 was presented, along with some other metropolitan projects.[citation needed]