City seeks developer for spread of land in downtown Las Vegas

Sincity Press Staff 3 hours ago 2 min read 5
Sincity Press Brief

Las Vegas officials want a variety of project ideas, including hospitality, entertainment, sports, housing and offices.

The metropolis of Las Vegas is looking for a developer to crook a dispersed of vacant spot downtown into a hub of activity.

Las Vegas officials connected Monday announced a request-for-proposals for astir 11 acres of city-owned existent estate. The tract is fundamentally a postulation of bare tons on the eastbound broadside of Las Vegas Boulevard conscionable southbound of Interstate 11, with a thoroughfare grid separating the parcels that could beryllium changed oregon vacated to make a “unified improvement site,” metropolis documents show.

According to a quality release, the metropolis wants a assortment of task ideas for the land, including hospitality, entertainment, sports, lodging and offices, on with a civic oregon nationalist information component.

City officials person been moving for years to revitalize downtown Las Vegas, which has seen big changes and improvements implicit the past 2 decades but is inactive laced with vacant lots, boarded-up buildings and different blight.

Mayor Shelley Berkley said successful a connection that the recently released assemblage offers the accidental for a “visionary developer to interaction the landscape” of the city, adding a “blank slate with a Las Vegas Boulevard code is not thing that comes on each day.”

Interested developers indispensable taxable a connection that includes a task description; acquisition terms and terms; economical interaction and assemblage benefits; and task timeline.

The submittal deadline is Dec. 16, with proposals sent to Las Vegas’ economical and municipality improvement department.

As explained by the city, the selected developer volition participate into a disposition and improvement statement with the city, and the onshore volition alteration hands “only aft the task is permit-ready and impervious of financing is provided.”

Contact Eli Segall astatine esegall@reviewjournal.com oregon 702-383-0342.