Great Mall of Las Vegas

The Great Mall of Las Vegas was a proposed $750M shopping mall in northwestern Las Vegas, Nevada, USA,[1][2][3] shelved in 2009.[4] The project was promoted by Triple Five Nevada,[1][2] an affiliate of the Triple Five Group, the developers of other very large mall projects such as the Mall of America and West Edmonton Mall.[5] The mall was to contain a large shopping center, condominiums, and office space.[1]

The mall was to be located on a 50 acres (20 ha) parcel that would contain a 3-story shopping structure with 1,200,000 sq ft (110,000 m2), 100,000 sq ft (9,300 m2) of which was office space, and contain a pair of 200 ft (61 m) tall condominium towers with over 800 housing units.[1][3] The mall was to be co-anchored by a Dillard's and Macy's[6] with a combined square footage of 450,000 sq ft (42,000 m2), along with a Regal Cinemas theater.[3] Construction on the mall was scheduled to begin in early 2008 and be completed in either August 2009 or May 2010, depending on scheduling,[2][3] with condominium residents moving in in 2010 or 2011[3] The mall was to contain both indoor and outdoor retail spaces,[2] and a 15,000 sq ft (1,400 m2) indoor park with fountains, grass and benches.[3] It would have been the first indoor mall completed in the Las Vegas Valley since the Galleria Mall opened in 1995.[2]

It was reported in December 2009 that the project had been shelved.[7] The property went into default,[8] and the bank eventually sold the property in January 2011 for $6.3 million.[4]

References

  1. 1 2 3 4 Murray, Barbara. "Green Light for $750M Great Mall of Las Vegas". Retrieved 2008-01-03.
  2. 1 2 3 4 5 Smith, Hubble (2006-07-31). "Great Mall of Las Vegas will have 'hybrid' look". Las Vegas Review-Journal. Retrieved 2008-01-03.
  3. 1 2 3 4 5 6 Illia, Tony. "Triple Five's "Great Mall" moves forward". Retrieved 2008-01-03.
  4. 1 2 "Developer buys Great Mall of Las Vegas parcel", Las Vegas Sun, January 4, 2011.
  5. ↑ "Taking West Edmonton mall to New Jersey", Maclean's, September 23, 2011.
  6. ↑ "New Mall Planned for Las Vegas". Retrieved 2008-01-08.
  7. ↑ Investors move to seize Village Square Shopping Center
  8. ↑ COMMERCIAL Real Estate: Swelling default, foreclosure figures ominous

External links

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