Las Vegas, Nevada, has emerged as a thriving hub for retail construction projects, signifying a remarkable transformation in the city’s landscape. Recent data from BuildRetail reveals that Las Vegas has seen the initiation of over 18 new retail construction projects, showcasing the city’s unwavering commitment to fostering a dynamic retail environment.
Las Vegas’ retail appeal goes beyond its renowned entertainment and hospitality industry. Several unique factors contribute to its allure for retail development:
1. Being a global tourist destination, Las Vegas attracts millions of visitors every year. This presents an excellent opportunity for retail developers to create exceptional shopping experiences that cater to a diverse and international clientele.
2. Las Vegas has witnessed substantial economic growth, fostering a favorable environment for retail expansion. With a growing population and a thriving sports economy, the city offers an attractive market for retailers seeking new opportunities.
To gain a better understanding of the dynamic retail landscape, here are some notable retail construction projects, according to BuildCentral reports:
3899 Las Vegas Boulevard Self-Storage Facility
| Construction Type: |
New |
Footprint/Building Type: |
Free Standing |
| Retail Category: |
Storage |
Chain: |
TBD Storage |
| Estimated Value: |
$10.569 million |
Shopping Center Name: |
N/A |
| Parking Spaces: |
0 |
Company Retail Chain: |
N/A |
| Location: |
Las Vegas, NV 89109. 3899 S Las Vegas Blvd (View Map) |
| Details: |
Plans call for construction of a new 52,210-square-foot self-storage facility with seven self-storage buildings and one office building on a 1.7 acres site area. |
Rio Vista and Ann Center
| Construction Type: |
New |
Footprint/Building Type: |
Multi-Tenant |
| Retail Category: |
Restaurant |
Chain: |
TBD Restaurant |
| Estimated Value: |
$1-$5 million |
Shopping Center Name: |
65 |
| Parking Spaces: |
0 |
Company Retail Chain: |
N/A |
| Location: |
Las Vegas, NV 89130. Ann Rd & Rio Vista St (View Map) |
| Details: |
Plans call for the construction of a 6,000-square-foot office building and a 2,000-square-foot restaurant building with drive-thru on 1.78 acres. There will be 65 parking spaces. |
Bojangles
| Construction Type: |
New, Flash Project |
Footprint/Building Type: |
Free Standing |
| Retail Category: |
Restaurant |
Chain: |
Bojangles’ |
| Estimated Value: |
$0.65 million |
Shopping Center Name: |
N/A |
| Parking Spaces: |
0 |
Company Retail Chain: |
Bojangles Restaurants Inc |
| Location: |
Las Vegas, NV 89106 |
| Details: |
Plans call for the construction of a new Bojangles restaurant. |
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