X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

Las Vegas has seen more than $5 billion in new construction and development activity, and a new city is emerging as a result. The progress includes the expansion of the Las Vegas Convention Center, the new T-Mobile Arena and an NFL Stadium, which is currently under development. The activity has helped to expand capital interest in the market and pushed Las Vegas onto the national stage.

“Las Vegas is becoming less of a transient city and more of an established municipality,” Mark Mikelson, owner, principal and Las Vegas retail studio director at Nadel Architects, tells GlobeSt.com. “To transition this new energy and capture more residents, we are seeing a variety of civic and municipal projects to include the Arts District, the Las Vegas Convention expansion, the new T-Mobile Arena—home of the Vegas Knights—and a future NFL Stadium. These projects are creating a new dynamic for the local community and also helping to shape Las Vegas’ national presence.”

Kelsi Maree Borland

Kelsi Borland is a freelance writer and editor living whose work has appeared in such publications as Travel + Leisure, Angeleno and Riviera Orange County.

More from this author

GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now

Copyright © 2018 ALM Media Properties, LLC. All Rights Reserved.