Stephen Siegel and John U. Tippins IV are having conversationsabout potential plans for the entire block with Covin and others,including national boutique hotel developers. The properties sitone block from Fremont Street Experience, a pedestrian-only,canopy-covered entertainment corridor that attracted nearly 19million visitors last year, and the city's new Fremont Eastentertainment district, which is under development.

"We believe in the potential of Downtown Las Vegas," saysTippins, who with partners is among the biggest landownersDowntown. "I bought into his vision four years ago and haveinvested significant time and the majority of my financialresources in Downtown."

Want to continue reading?
Become a Free ALM Digital Reader.

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.