Project | |
---|---|
Opening date |
|
Developer | American Nevada Corporation |
Architect | Perlman Architects (first phase) JMA Architecture Studios (second phase) |
Owner | Vestar Development American Nevada Corporation (undeveloped acreage) |
Website | shopthedistrictgvr |
Physical features | |
Streets | Green Valley Parkway |
Location | |
Coordinates: 36°01′17″N115°05′12″W / 36.021418°N 115.086749°W Coordinates: 36°01′17″N115°05′12″W / 36.021418°N 115.086749°W |
The District at Green Valley Ranch is a mixed-use development in Green Valley Ranch, a neighborhood in the city of Henderson, Nevada. It is located east of the Green Valley Ranch hotel-casino, and includes retail, restaurant, office, and residential space. The District, like the resort, was developed by American Nevada Corporation. Planning for a mixed-use project dates to 1996, as part of the resort plans.
The District's first phase was opened on April 15, 2004, becoming the first mixed-use project in the Las Vegas Valley. A second phase opened in 2005, on a separate parcel located just east of the original phase. The District was hurt financially due to the Great Recession, and American Nevada eventually sold it to lenders in 2011. Vestar Development took over ownership later that year with Rockwood Capital as a partner, before buying out the latter's interest in 2015.
The project was built in the Green Valley Ranch neighborhood located within the city of Henderson, Nevada, which is part of the Las Vegas Valley. The District is split across two parcels, which are divided by South Green Valley Parkway and were developed as separate phases. It is located east of the Green Valley Ranch resort. The District and the resort were both developed by American Nevada Corporation. [1] [2]
Plans for the resort were underway in 1996, along with a proposed mixed-use center on adjacent property that would include restaurant, retail, medical, and office space. [3] [4] The Green Valley Ranch hotel-casino opened in December 2001, and American Nevada announced that it would proceed with plans for an urban village, to be built on 30 vacant acres located east of the resort. A pedestrian walkway would link directly to the hotel-casino. The project was described by American Nevada president John Kilduff as a "pedestrian-friendly Main Street concept". It was meant to resemble the downtown areas of small towns in the Northeastern and Midwest United States. Kilduff said, "It will look like this center was built over 60 or 70 years. It will look like you're going through different neighborhoods. One building might be brick, the next stucco". [5]
The project, known as The Shops at Green Valley Ranch, received final city approval in December 2002. [6] The city's zoning codes had to be altered to allow for the project to proceed. It was designed by Perlman Architects, [7] with McCarthy Building Companies as the general contractor. [8] [9] Construction on the $80 million project was underway in early 2003. [10] The project's location was considered desirable, being situated beside the Las Vegas Beltway. [11] [12] In March 2004, a name change was announced: The District at Green Valley Ranch. The new name was chosen to reflect the project's wide array of features other than shopping. [11] [13]
The District opened on April 15, 2004, [14] [9] [15] as the Las Vegas Valley's first mixed-use project, predating Town Square (2007) and Downtown Summerlin (2014). [13] [9] [15] [16] It contained seven buildings for a total of 406,260 sq ft (37,743 m2). [8] [17] Among them was a three-story office building with 65,000 sq ft (6,000 m2), located on the property's southeast corner. Residential units were located in other buildings, above the ground-floor retail tenants. [13] The District had 42 retail spaces totaling 195,000 sq ft (18,100 m2). The open-air mall opened with 29 retailers, [9] while additional stores opened later in the year. [18] [19] Retailers included Anthropologie, Coldwater Creek, [13] and REI's first Las Vegas location. [20] [21] Restaurants included Lucille's Smokehouse Bar-B-Que and P. F. Chang's, [11] The District includes a total of 88 condominium units, previously planned as apartments. A 150-space parking facility was built underground for residents. [1] [22] [23] [24]
In April 2005, American Nevada began construction on its second phase for The District, located east of the first phase. It was built on half of a 40-acre parcel, and included retail and office space. [1] The second phase was designed by JMA Architecture Studios, with Korte Company as the general contractor. [25] Some tenants in the second phase, such as The Cheesecake Factory, began opening in August 2005. Others, such as Whole Foods, would open the following year. [1] [26] [27]
The District was negatively affected by the Great Recession, and a loan on the project was put into default in 2009, in an attempt to restructure its debt. [16] [28] After 16 months of unsuccessful negotiations, the District was sold to its lenders in January 2011. It was purchased through foreclosure for $50 million, although American Nevada continued to manage it. [29] [30] The District was sold again at the end of 2011, for $79 million. The new owners were Vestar Development and Rockwood Capital. [31] [32] A carousel was not part of the purchase and was removed from the District. [33] American Nevada ended its managerial role following the sale, and business subsequently increased, [34] with more than 20 new tenants being added over the next four years. [16]
When the first phase opened in 2004, it included a street that ran between the buildings, before being turned into a pedestrian walkway the following year. In November 2012, Vestar proposed turning the pedestrian walkway back into a street. It would include 45 angled parking spaces and would lead straight to the Green Valley Ranch resort. Some businesses located along the walkway had struggled to attract customers, whereas a road would provide quick and easy access. Construction on the project began in mid-2013. Some residents opposed the change, viewing the pedestrian walkway as a signature feature. [35] The new roadway was finished in October 2013, and opposition to the change had decreased by then. [36] Aside from the street, other new features included new lighting, landscaping, and a splash pad. Vestar took over full ownership in July 2015, buying out Rockwood's stake for $120 million. [37]
In 2006, American Nevada had plans to build townhouses on the remaining acreage of the District's eastern parcel. However, the project received opposition from residents of Green Valley Ranch. [24] In 2011, The Calida Group proposed building a 438-unit apartment complex on the land. Previous plans for condominiums were scrapped following the Great Recession. Residents were opposed to the apartment project, believing it lacked an adequate number of parking spaces and would contribute to traffic problems, so the project was later downsized to 360 units. Construction was underway in 2014, [38] [39] [40] and the project opened the following year as Elysian at the District. [41] [42]
American Nevada retains ownership of a vacant two-acre lot on the north side of the first-phase parcel. In 2020, the company announced plans to eventually build more restaurant, retail and office space on the site. [43]
Green Valley Ranch is a hotel and casino located within the eponymous community in Henderson, Nevada. It is owned and operated by Station Casinos, and includes a 143,891 sq ft (13,367.9 m2) casino. The resort was initially proposed by American Nevada Corporation, which received city approval to build it in 1996. In addition to a hotel-casino, the company also planned to build a mixed-use project to accompany it.
Silverton is a 300-room hotel and casino in Enterprise, Nevada, near the southern end of the Las Vegas Valley. It features a rustic lodge theme and a 65,556 sq ft (6,090.4 m2) casino. It is owned and operated by Ed Roski Jr., and is located three miles south of the Las Vegas Strip. Roski purchased an 80-acre parcel in 1989, and originally planned to build an industrial warehouse on the site, before deciding on a casino instead. In 1993, he partnered with Boomtown, Inc. to build a hotel and casino on 56 acres of the property. Roski built the project through a company of his, with financing from Boomtown, Inc.
The Great Mall of Las Vegas was a proposed shopping mall in Centennial Hills, Las Vegas, Nevada, United States. The project was announced by Triple Five Group in 2004, originally as an enclosed mall. The design phase continued over the next two years, with the project being reworked to include indoor and outdoor retail areas, as well as condominiums. The project would feature 1,600,000 sq ft (150,000 m2) of retail space, with the indoor portion spread across three floors.
The Downtown Summerlin shopping center or DTS is an outdoor shopping, dining, and entertainment center. It is a part of the greater Downtown Summerlin area, a 400-acre (160 ha) development which lies within the community of Summerlin South on the western outskirts of Las Vegas, Nevada. The shopping center contains 1,600,000 square feet (150,000 m2) and is located on 106 acres (43 ha).
Sky Las Vegas is a 45-story luxury high-rise condominium tower with 409 units, situated on a 3-acre site on the Las Vegas Strip in Winchester, Nevada. A two-story retail project had initially been planned for the site in 2001, although it ultimately did not materialize. Plans for Sky Las Vegas were announced in July 2004, with construction beginning the following year and its opening occurring in May 2007.
The Fontainebleau Las Vegas is a hotel and casino currently under construction on the Las Vegas Strip in Winchester, Nevada. It is on the 24.5-acre (9.9 ha) site previously occupied by the El Rancho Hotel and Casino and the Algiers Hotel. The project was announced as Fontainebleau Las Vegas in May 2005, with initial plans to begin construction by March 2006, and to have the resort opened by 2008. It was intended to be a sister property to the Fontainebleau Miami Beach hotel. It would be developed by Fontainebleau Resorts, which was owned by Jeff Soffer.
All Net Resort & Arena is a planned entertainment complex in Las Vegas. A project of businessman and former basketball player Jackie Robinson, the complex will encompass a resort hotel, retail and restaurant space, and a multi-purpose arena with a retractable roof. Its location is set on the Las Vegas Strip at the former site of a Wet 'n Wild waterpark, next to the Sahara Las Vegas in Winchester, Nevada.
Downtown Summerlin is a 400-acre (160 ha) commercial and residential neighborhood located in Summerlin South, a suburban area on the western outskirts of Las Vegas, Nevada.
Durango is a hotel and casino under construction in Rhodes Ranch, a community in the Las Vegas Valley. It is being built along Durango Drive, beside the Las Vegas Beltway. Station Casinos purchased the property from developer Jim Rhodes in 2000. Four years later, the company announced plans for a hotel-casino, known then as Durango Station. The 1,000-room project was met with opposition from area residents, who disagreed with its size and its proposed location near a new elementary school. The project was approved by the Clark County Commission despite the opposition, although Station did not plan to begin construction for several years.
Showcase Mall is a shopping center on the Las Vegas Strip in Paradise, Nevada. It is known for its landmark facade, featuring a 100-foot (30 m) tall Coca-Cola bottle and a colossal bag of M&M's.
Fiesta Henderson was a hotel and casino located on 35 acres (14 ha) of land at 777 West Lake Mead Parkway in Henderson, Nevada. Gem Gaming announced the project in 1995, as The Reserve, with an opening planned for July 4, 1996. Construction began later in 1995, and the project was topped off in May 1996, with an opening scheduled for October 1. Steve Rebeil and Dominic Magliarditi, both of Gem Gaming, were the project developers. Later in 1996, Ameristar Casinos planned to purchase Gem Gaming, and construction slowed to allow for an expanded redesign of the project, which was then expected to open between March and April 1997.
Majestic Las Vegas is a cancelled high-rise condominium project that was to be built on property previously occupied by the La Concha Motel on the Las Vegas Strip, in Winchester, Nevada. The project was announced by La Concha owner Lorenzo Doumani in February 2004. The 42-story condominium tower was to be accompanied by Hilton's Conrad Las Vegas, a Conrad-branded, 37-story hotel that would operate in a separate high-rise building on the same property. The project was initially expected to open in February 2006.
Las Vegas Grand is an apartment complex located east of the Las Vegas Strip in Paradise, Nevada. It was developed by Chris DelGuidice through his Florida-based company, Del American. Originally, DelGuidice planned to build apartments on the site around 2001, and he subsequently added a condominium component. The project was announced in August 2003, but the apartment aspect was removed from the project later that year because of rising construction costs. The project, to be known as Vegas Grand, was to consist of 880 condominium units.
Southern Highlands is a master-planned community located in the southern foothills of the Las Vegas Valley, Nevada, United States. The community surrounds the private Southern Highlands Golf Club. It contains a resort, two retail centers, recreational facilities, a country club, spa, multiple parks, two medical centers, a public safety department, and an office plaza.
Boca Raton is a mid-rise condominium property in Enterprise, Nevada, south of the Las Vegas Strip. The property consists of two seven-story buildings with a total of 378 units. Construction began in 2004, and the property opened in mid-2007. A second phase, consisting of two additional buildings, was canceled due to poor sales in the original buildings, a result of the Great Recession.
Krystle Sands was a proposed 45-story condo hotel that was to be built on the Las Vegas Strip in Winchester, Nevada. Reservations for the project's condominium units began in 2004, and construction was scheduled to start later that year, with the opening planned for 2006.
Pinnacle was a proposed two-tower condo hotel project that was to be built near the Las Vegas Strip in Paradise, Nevada. The project was announced in 2005, and would have included 1,104 units across two 36-story towers. Construction was to begin in 2006, but was delayed several times. Pinnacle was ultimately canceled in March 2008, due to financing issues caused by the Great Recession.
The Gramercy is a mixed-use development project in Spring Valley, Nevada, west of the Las Vegas Strip. It includes two office buildings and 160 apartment units. Gemstone Development began construction of the project, originally known as ManhattanWest, in 2007. The project initially was to include condominiums, retail, and office space. Construction was suspended in December 2008, because of financial problems. ManhattanWest was sold in 2013, and construction resumed, with the project now known as The Gramercy. It opened in November 2014. An unfinished nine-story condominium tower was imploded in February 2015, as completing it would have been too costly.
Rhodes Ranch is a master-planned community and golf course located in Spring Valley, Nevada, approximately six miles southwest of the Las Vegas Strip. It was developed by Jim Rhodes. The community was announced in 1996, after Rhodes gained 1,330 acres, some of it through the Bureau of Land Management. At the time, much of the surrounding area was rural, and nearby residents opposed the development of the land. Despite the opposition, the Rhodes Ranch project was approved and began construction.
The Water Street District is a redeveloped portion of downtown Henderson, Nevada. It includes stores, restaurants, and office and residential space. It also hosts numerous annual events, including festivals, parades, car shows, and a farmers' market. The area is also home to Henderson's city hall and justice facility.