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Fall and rise of real estate in Vegas



The recession of 2008 did not even give a chance to the entertainment industry of Las Vegas that had to go through hard time after the economic bubble collapsed. 

Today, we see how the business component of the Capital of Second Chances got its another shot at economic prosperity as the first stage of Downtown Summerlin is undergoing active construction to comply with its opening deadline in October. The new complex will include entertainment and retail ingredient in it. Howard Hughes Corp. (HHC) is responsible for the reestablishment of the enterprise, taking up the torch from the past owner who dissolved the project in 2008. Downtown Summerlin will be conveniently located within a 20-minute drive from the Strip. About 400 acres of magnificent complex will comprise “one of the most strategically located real estate developments in the country,” said Kevin Orrock, the president of Summerlin Orrock. “We expect to draw from the entire region, not just the Summerlin community.

For the folks who aim to come into possession of new and crispy apartments, there are several projects under construction featuring the Calida Group’s 360-unit Elysian at the District expected to open its doors in the beginning of the next year in Henderson, a Las Vegas suburb. The splendor apartments will be surrounded by three clubhouses, a gym and pet spa, according to Eric Cohen, managing director at the Las Vegas-based developer. 

And what is Las Vegas without casinos? There are countless plans to put into operation different nightclubs, dining venues and retail malls to cater to the cravings of gamblers and visitors seeking other types of entertainment such as gambling spending falls.



More about shopping malls in the USA



YESTERDAY, Finland:
With the approach of the New Year holidays, we are launching a series of reviews on the most popular tourist destinations.
DAY BEFORE YESTERDAY, United Kingdom:
Amazon is preparing to open the first innovative Amazon Go store in London.
Dec 5, 2018, Japan:
The project is being developed in partnership with the Japanese video game manufacturer Bandai Namco Amusement.
Nov 29, 2018, Finland:
Among the tenants of Zsar Outlet Village are the stores of Hugo Boss, Lindt, Liu Jo, Guess, Roberto Cavalli, Braccialini and other brands.
Nov 27, 2018, France:
Located less than an hour from the center of Paris, Designer Outlet Normandie set to become a key attraction for international tourists.
Nov 21, 2018, Philippines:
The grand-scale store of the Swedish furniture giant released as tenant of Mall of Asia in Manila.
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Olympia Einkaufszentrum GLA:602 779 SF
ADDRESS: Hanauer Straße 68, 80993
Germany . Munich
Olympia Einkaufszentrum
Dania Pointe GLA:975 000 SF
ADDRESS: 292-344 North Bryan Road, Dania Beach, FL 33004
USA . Fort Lauderdale
Dania Pointe
Aviapark GLA:2 475 699 SF
ADDRESS: ul. Aviakonstruktora Mikoyana, 10
Russia . Moscow region
Aviapark
FAN Mallorca Shopping GLA:592 015 SF
ADDRESS: C/ Cardenal Rossel, S/N. 07007 Palma de Mallorca
Spain . Palma
FAN Mallorca Shopping


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