LAS VEGAS-Mastro’s Ocean Club and Left Bank, two high-end restaurant brands, will enter this fast-growing market by opening stores at the Village at Queensridge, an $850-million development several miles west of the Las Vegas Strip in the master-planned Summerlin community. Located adjacent to the Suncoast Hotel & Casino, the 1.35 million-sf endeavor will include 340 luxury residential units and 700,000 sf of retail, restaurant and office space in 18 mixed-use buildings. The first phase of the 30-acre development is slated for completion in late 2008.
Mastro’s Ocean Club, a brand of the Mastro Restaurant Group, currently has locations up and running in its hometown of Scottsdale, AZ, and also in Newport Beach, CA. The Vegas location will be the first Mastro restaurant outside of California and Arizona. Left Bank founder and co-proprietor Ed Levine says the restaurant planned for Queensridge will be its first Left Bank outside of the Bay Area, where he currently runs six in partnership with chef Roland Passot.
“The Village will primarily draw in people who live in Las Vegas rather than those who visit Las Vegas, which is what we want,” says Levine. “We are about building relationships with regular customers, and that’s what The Village at Queensridge offers relative to the Strip.”
Also opening its first Vegas-area location at the Village at Queensridge will be Kidville, a New York-based company that operates 20,000-sf facilities catering to newborns through 5-year-old children and their families with art and education class, indoor and rooftop playgrounds, food, shopping and a salon.
The Village is just now coming out of the ground. Currently, concrete is being poured for the two-level, 3,300-slip underground parking garage upon which much of the Village will be built, and construction has begun on the first building. The developer is locally based Executive Home Builders. Adjacent to the site, EHB is winding up development of One Queensridge Place, which comprises 219 condominiums in two 18-story towers.
The Village’s 450,000 sf of retail and restaurant space will be housed in the street-level of 16 buildings ranging from one to 10 stories. The upper levels of the multi-story buildings will house office space and 42 of the residential units. The bulk of the residential units will be built last and housed in a 10-story building and two adjacent five-story buildings that will overlook Angel Park Golf Course at the north end of the Village property. Pre-sales have not yet begun.