The metropolis of Henderson reached a woody to merchantability a erstwhile casino tract to a existent property steadfast that plans to physique a sprawling mixed-use project.
City officials and California developer Agora Realty & Management unveiled plans Tuesday for a task with retail and bureau space, a hotel, and recreational sports facilities connected the erstwhile Fiesta Henderson hotel-casino property.
Agora plans to acquisition the 35-acre tract from the metropolis for $30 cardinal and make the complex, officials said.
All told, this isn’t the archetypal clip the metropolis has picked a developer for the site.
In summertime 2024, Henderson officials named Utah existent property steadfast Woodbury Corp. arsenic the developer of choice, saying its connection and plan aligned with metropolis officials’ and residents’ imaginativeness for the property.
Soon after, Henderson City Council members, acting arsenic the city’s redevelopment agency, approved entering a 180-day exclusive dialog statement with the developer.
Woodbury’s tract program included restaurants, retail, hotels, residential, aesculapian bureau abstraction and an indoor sporting complex, metropolis records show.
However, talks betwixt the metropolis and the developer eventually fell apart.
The Henderson City Council successful precocious 2022 approved the city’s $32 cardinal purchase of the spot on Lake Mead Parkway astatine the 215 Beltway-Interstate 11 interchange, with plans to make a recreational sports complex.
It bought the tract from Station Casinos aft the locals-focused casino concatenation demolished the hotel.
Meanwhile, Agora is nary alien to Southern Nevada, arsenic the developer has aggregate projects underway successful North Las Vegas.
Spanning 73 acres, its Hylo Park development on Rancho Drive astatine Lake Mead Boulevard has a caller retail plaza and is besides slated to person housing, diversion facilities and different uses.
Hylo Park is dispersed crossed the neighboring erstwhile Texas Station and Fiesta Rancho hotel-casino sites. Station Casinos demolished those properties and sold the plots to Agora for astir $58 cardinal combined successful 2023.
Agora is besides processing Nevada State University’s caller outer campus on the northbound broadside of Lake Mead conscionable westbound of Las Vegas Boulevard and plans to physique retail abstraction astir the three-story, 30,000-square-foot facility.
Plus, the steadfast is redeveloping the erstwhile North Las Vegas City Hall field along Civic Center Drive conscionable northbound of Lake Mead.
This is simply a processing story. Check backmost for updates.
Contact Eli Segall astatine esegall@reviewjournal.com oregon 702-383-0342.
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