Project Information
Description of Entry
For nearly five years a nine-story steel structure and other unfinished edifices stood silent on the site of what is now Downtown Summerlin, serving as a symbol of the struggling Las Vegas economy. The Howard Hughes Corporation took ownership of the unfinished site as part of the spin-off from GGP in 2010 and knew changes for a traditional mall concept were necessary. Renvisioned and reimagined as a vibrant downtown instead, construction began in May,2013.
Downtown Summerlin opened October 9, 2014 as the nation’s largest retail development since the recession. The development is located in the heart of the acclaimed 22,500-acre Summerlin master planned community in Las Vegas at the base of the renowned natural landmark the Red Rock Canyon National Conservation Area. The 106-acre, 1.4 million square foot mixed-use development features over 125 stores and restaurants in an integrated open-air environment with entertainment, dining, shopping, a power center style marketplace and a nine-story, Class A office building.
Downtown Summerlin offers a mix of regionally and nationally known brands, 25 of which are first-to-market retailers. In addition to the two anchor department stores, Macy’s and Dillard’s, downtown boasts an expansive merchandising mix that one would expect to find in a traditional downtown setting including; specialty food and grocery, health and beauty, home furnishing and housewares, sporting goods, entertainment, toys and gifts, personal services, technology and electronics, fashion, public spaces and the largest concentration of quick and full-service dining located off of the Las Vegas strip.
Shopping Center Information
Type of Project
Regional Center, Fashion / Specialty Center, Lifestyle Center, Power Center, Mixed-Use
Other
none
Physical Characteristics of Project
Mall, Open-Air Center, Hybrid Center
Other
none
Total Acreage of Site
106.23
Total Acreage of Site
| Before Renovation / Expansion | After Renovation / Expansion | Net Difference: plus or (minus) | Number of Levels |
| 2 |
Other Uses: Office
Other Uses: Hotel
Other Uses: Residential
Other Uses: Residential
0
Other Uses
9 story office building totaling 206,279
Other Uses
0
Trade Area/Cachement Area Information
Project Trade Area
Suburban
| Population of Primary Trade Area | Population of Secondary Trade Area | Annualized percentage of shoppers anticipated being from outside of trade area (e.g., tourists, conventioneers) |
| 523423 | 932202 | 18 |
Retail Information
Total Retail Space
1445367
Total Acreage of Site
| Before Renovation / Expansion | After Renovation / Expansion | Net Difference-Plus or (minus) |
Gross Leasable Area (small shop excluding anchors)
515832
Gross Leasable Area (small shop excluding anchors)
| Before Renovation / Expansion | After Renovation / Expansion | Net Difference-Plus or (minus) | Total Number of Retail Stores (excluding anchors) |
| 126 |
Total Number of Retail Stores (including anchors)
128
Major Tenants
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Andiron Steak & Sea (Restaurant) – 7,619 sf |
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Apple (Specialty) - 8,559 sf |
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Buy Buy Baby (Mass Merchandiser, Power Center) - 26,315 sf |
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Crate & Barrel (Mini Major) - 22,500 sf |
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Dave & Buster's (Mini Major) - 33,845 sf |
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Dillards (Anchor) - 207,000 sf |
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Ethan Allen (Home Goods) - 8,800 sf |
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Forever 21 (mass merchandiser) - 9,943 sf |
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Gap (Mass Merchandiser) - 11,566 sf |
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H&M (Mini Major) - 20,090 sf |
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Lazy Dog (Restaurant) – 8,200 sf |
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Macy's (Anchor) - 180,000 sf |
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Maggiano’s Little Italy (Restaurant) – 8,672 sf |
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Nordstrom Rack (Power Center) - 35,458 sf |
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Old Navy (Mass Merchandiser, Power Center) - 14,646 sf |
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Public School 702 (Restaurant) – 8,957 sf |
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Regal Cinema (Theater) - 25,000 sf |
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Sur La Table (Specialty) - 5,847 sf |
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Trader Joe's (Grocer, Power Center) - 12,800 sf |
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TruFusion (Fitness) – 12,485 sf |
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Ulta (Mass Merchandiser, Power Center) - 10,068 sf |
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Victoria's Secret (Mass Merchandiser) - 10,091 sf |
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West Elm (Home Goods) - 11,000 sf |
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Wolfgang Puck (Restaurant) – 5,800 sf |
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Parking Information
Number of Parking Spaces Provided
6369
Deck Parking
Yes
If deck parking, list vehicle capacity and number of levels of parking structure and briefly describe how structure connects to center.
There are two parking decks in the Downtown Summerlin. The first deck has a total of 484 spaces and is three levels. It connects directly to Dillard’s and is adjacent to Macys. The second deck has a total of 951 spaces and is five levels, including the basement level. It is detached but adjacent to the north side of Macy’s. The total number of parking spaces in the two decks is 1,435. Because it is a true downtown environment, there is also street parking.
How many parking space are required by code?
4698
Development Schedule
Original Project Opening Date
Official Project Opening Date
10/9/2014
Current renovation expansion opening date
Professional Recognition
Development Company
The Howard Hughes Corporation
Owner
The Howard Hughes Corporation
Production or Executive Architect
Graphic Designer
Lighting Designer
Landscape Architect
General Contractor
VCC
Management Company
The Howard Hughes Corporation
Finance Company
Wells Fargo
Summary
Entry Summary
Describe the characteristics of the project you are submitting for an award.
- Downtown Summerlin is the largest retail development to open since the economic downturn of 2008 and the largest development to open off the Las Vegas Strip in nearly a decade.
- A highly trafficked destination that serves the entire Las Vegas Valley. Over 400,000 people visited the property during the first week of opening and 13 million over the course of the first year. Traffic continues to trend upward in 2016 with visitation approaching 16 million guests.
- A true downtown. The development marks the creation of a second downtown for Las Vegas - a city where large-scale commercial development activity has primarily been located on “the Strip.” Due to the variety of offerings and walkable design, it is truly a destination where customers can spend the entire day.
- One of the premier places to lease retail and office space in Las Vegas – retail sales per square foot ranges from $551 – 600 annually. Downtown Summerlin has attracted an extraordinary collection of tenants in a variety of categories despite being located in one of the most adversely affected markets of the U.S. economic downturn and the significant retail competition from the world renowned Las Vegas Strip.
- A catalyst for new home sales and further development in Summerlin and beyond. Since its monumental opening, the Summerlin master planned community has been reinvigorated and has further strengthened its position as a premier master planned community in the region.
- One of the largest shopping destinations in the nation to receive LEED Silver status
In what ways do you feel that other developers can benefit from your experience?
- Redevelopment of an abandoned project. When HHC restarted construction on the project in 2013, several steel structures including a nine-story office skeleton had been standing exposed to the elements since 2008.
- Recalibrating an existing project to meet new customer demands. Rather than simply finishing the buildout of a partially-constructed, traditional mall, we sought to create a more dynamic and vibrant open-air environment - a decidedly bigger and more compelling concept, Downtown Summerlin. This new urban concept met the current demand of customers desiring a place they could spend the entire day.
- Creating a second downtown in mid-size market. Downtown Summerlin offers an unmatched environment designed as a walkable urban core as well as a unique variety of offerings one would expect to find in a downtown setting including entertainment, dining, shopping, a convenient marketplace, a nine-story, Class A office building and recently opened multi-family residences.
Was this project a public-private partnership or joint effort with a governmental entity? If so, what is the name of that agency, and what was the nature of their involvement in the project?
None.
Describe the financing involved in the project.
The Howard Hughes Corporation made an investment of approximately $418 million dollars, financing approximately $311 million with a conventional construction loan between three major banking institutions. The loan term includes:
· Loan Amount: $311,800,000
· Rate: Libor + 225bps
· Lenders: Wells Fargo (lead), JP Morgan and US Bank
· Term: three years with two, one-year extensions
· Loan to cost: 65%
If you had this project to do over again, what would you do differently? Why?
The construction of Downtown Summerlin was completed on an accelerated schedule. Ideally, an additional six months would be added to the construction schedule to allow more time to solve the complexities of taking over a partially completed project. Some utilities, foundations and vertical steel were in place at the time the project started. A portion of the originally proposed lifestyle center was redesigned to include a power center on the southern portion of the parcel. The design changes resulted in a very aggressive schedule.
Renovations / Expansions
Explain why the owner decided to renovate or expand. Include a description of the existing conditions prior to renovation or expansion (physical conditions, sales, tenant mix, vacancy factor and the like)
Describe how the renovation or expansion altered those conditions.
What do you believe to be the key reasons for the success of the project? Why?
How did you determine the business success of the project? (Cite 'before' and 'after' statistics to back up the claim.)
If the center was kept open during construction, explain what measures were taken to ensure shopper safety and main shopper traffic, and what impact the work had on business.
In addition to the physical improvements, what ancillary measures were taken to enhance the center?
Describe any new marketing and/or re-leasing approaches successfully implemented during the period.
Yes
If yes, at what level?
Downtown Summerlin is one of the largest shopping destinations in the nation to receive LEED Silver status. The 1.4 million square foot project was awarded LEED Silver Certification under the LEED for Core & Shell Rating System in 2016.
Describe the project's central approach to sustainability such as energy and water use, the internal environment, pollution, transport, materials, waste, ecology and management processes.
Downtown Summerlin was designed and constructed with sustainability at the forefront. Ongoing sustainable operation of Downtown Summerlin was achieved by reducing resource consumption (energy, water and construction materials) and minimizing local environmental impact. Energy savings were maximized to a level greatly exceeding those legally required by specifying energy efficient light fixtures, advanced lighting control systems, low heat transfer glass, elevated thermal insulation levels and high efficiency heating, ventilation and air conditioning (HVAC) equipment. Water usage was reduced by installing low volume flush and flow fixtures throughout the project. Construction material consumption was minimized by selecting recycled and locally sourced material resources. The impact of Downtown Summerlin on the surrounding environment was mitigated by enforcing landscaping, cleaning and pest management policies friendly to native species, while selecting exterior finishes to reduce heat island effect. In addition to the sustainability approaches utilized in the central facilities of Downtown Summerlin a Tenant Criteria Manual (TCM) was also implemented that required sustainable design and operation within tenant spaces. The TCM for Downtown Summerlin identifies the minimum efficiency requirements for HVAC equipment, maximum flow rates for plumbing fixtures, minimum thermal envelope criteria and requires smoke free buildings.
Supporting Marterials
Documentation
Tenant Mix / Merchandising Plan
Maps / Floor Plan
Photo Gallery
Audio / Video
Project Information
Description of Entry
For nearly five years a nine-story steel structure and other unfinished edifices stood silent on the site of what is now Downtown Summerlin, serving as a symbol of the struggling Las Vegas economy. The Howard Hughes Corporation took ownership of the unfinished site as part of the spin-off from GGP in 2010 and knew changes for a traditional mall concept were necessary. Renvisioned and reimagined as a vibrant downtown instead, construction began in May,2013.
Downtown Summerlin opened October 9, 2014 as the nation’s largest retail development since the recession. The development is located in the heart of the acclaimed 22,500-acre Summerlin master planned community in Las Vegas at the base of the renowned natural landmark the Red Rock Canyon National Conservation Area. The 106-acre, 1.4 million square foot mixed-use development features over 125 stores and restaurants in an integrated open-air environment with entertainment, dining, shopping, a power center style marketplace and a nine-story, Class A office building.
Downtown Summerlin offers a mix of regionally and nationally known brands, 25 of which are first-to-market retailers. In addition to the two anchor department stores, Macy’s and Dillard’s, downtown boasts an expansive merchandising mix that one would expect to find in a traditional downtown setting including; specialty food and grocery, health and beauty, home furnishing and housewares, sporting goods, entertainment, toys and gifts, personal services, technology and electronics, fashion, public spaces and the largest concentration of quick and full-service dining located off of the Las Vegas strip.
Shopping Center Information
Type of Project
Regional Center, Fashion / Specialty Center, Lifestyle Center, Power Center, Mixed-Use
Other
none
Physical Characteristics of Project
Mall, Open-Air Center, Hybrid Center
Other
none
Total Acreage of Site
106.23
Total Acreage of Site
| Before Renovation / Expansion | After Renovation / Expansion | Net Difference: plus or (minus) | Number of Levels |
| 2 |
Other Uses: Office
Other Uses: Hotel
Other Uses: Residential
Other Uses: Residential
0
Other Uses
9 story office building totaling 206,279
Other Uses
0
Trade Area/Cachement Area Information
Project Trade Area
Suburban
| Population of Primary Trade Area | Population of Secondary Trade Area | Annualized percentage of shoppers anticipated being from outside of trade area (e.g., tourists, conventioneers) |
| 523423 | 932202 | 18 |
Retail Information
Total Retail Space
1445367
Total Acreage of Site
| Before Renovation / Expansion | After Renovation / Expansion | Net Difference-Plus or (minus) |
Gross Leasable Area (small shop excluding anchors)
515832
Gross Leasable Area (small shop excluding anchors)
| Before Renovation / Expansion | After Renovation / Expansion | Net Difference-Plus or (minus) | Total Number of Retail Stores (excluding anchors) |
| 126 |
Total Number of Retail Stores (including anchors)
128
Major Tenants
|
Andiron Steak & Sea (Restaurant) – 7,619 sf |
|
||||
|
Apple (Specialty) - 8,559 sf |
|
|
|
||
|
Buy Buy Baby (Mass Merchandiser, Power Center) - 26,315 sf |
|||||
|
Crate & Barrel (Mini Major) - 22,500 sf |
|
|
|||
|
Dave & Buster's (Mini Major) - 33,845 sf |
|
||||
|
Dillards (Anchor) - 207,000 sf |
|
|
|
||
|
Ethan Allen (Home Goods) - 8,800 sf |
|
|
|||
|
Forever 21 (mass merchandiser) - 9,943 sf |
|
||||
|
Gap (Mass Merchandiser) - 11,566 sf |
|
|
|||
|
H&M (Mini Major) - 20,090 sf |
|
|
|
||
|
Lazy Dog (Restaurant) – 8,200 sf |
|
|
|||
|
Macy's (Anchor) - 180,000 sf |
|
|
|
||
|
Maggiano’s Little Italy (Restaurant) – 8,672 sf |
|
||||
|
Nordstrom Rack (Power Center) - 35,458 sf |
|
||||
|
Old Navy (Mass Merchandiser, Power Center) - 14,646 sf |
|||||
|
Public School 702 (Restaurant) – 8,957 sf |
|
||||
|
Regal Cinema (Theater) - 25,000 sf |
|
|
|||
|
Sur La Table (Specialty) - 5,847 sf |
|
|
|||
|
Trader Joe's (Grocer, Power Center) - 12,800 sf |
|
||||
|
TruFusion (Fitness) – 12,485 sf |
|
|
|||
|
Ulta (Mass Merchandiser, Power Center) - 10,068 sf |
|||||
|
Victoria's Secret (Mass Merchandiser) - 10,091 sf |
|
||||
|
West Elm (Home Goods) - 11,000 sf |
|
|
|||
|
Wolfgang Puck (Restaurant) – 5,800 sf |
|
|
|||
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|
|
|
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|
|
|
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|
Parking Information
Number of Parking Spaces Provided
6369
Deck Parking
Yes
If deck parking, list vehicle capacity and number of levels of parking structure and briefly describe how structure connects to center.
There are two parking decks in the Downtown Summerlin. The first deck has a total of 484 spaces and is three levels. It connects directly to Dillard’s and is adjacent to Macys. The second deck has a total of 951 spaces and is five levels, including the basement level. It is detached but adjacent to the north side of Macy’s. The total number of parking spaces in the two decks is 1,435. Because it is a true downtown environment, there is also street parking.
How many parking space are required by code?
4698
Development Schedule
Original Project Opening Date
Official Project Opening Date
10/9/2014
Professional Recognition
Development Company
The Howard Hughes Corporation
Owner
The Howard Hughes Corporation
Production or Executive Architect
Graphic Designer
Lighting Designer
Landscape Architect
General Contractor
VCC
Management Company
The Howard Hughes Corporation
Finance Company
Wells Fargo
Summary
Entry Summary
Describe the characteristics of the project you are submitting for an award.
- Downtown Summerlin is the largest retail development to open since the economic downturn of 2008 and the largest development to open off the Las Vegas Strip in nearly a decade.
- A highly trafficked destination that serves the entire Las Vegas Valley. Over 400,000 people visited the property during the first week of opening and 13 million over the course of the first year. Traffic continues to trend upward in 2016 with visitation approaching 16 million guests.
- A true downtown. The development marks the creation of a second downtown for Las Vegas - a city where large-scale commercial development activity has primarily been located on “the Strip.” Due to the variety of offerings and walkable design, it is truly a destination where customers can spend the entire day.
- One of the premier places to lease retail and office space in Las Vegas – retail sales per square foot ranges from $551 – 600 annually. Downtown Summerlin has attracted an extraordinary collection of tenants in a variety of categories despite being located in one of the most adversely affected markets of the U.S. economic downturn and the significant retail competition from the world renowned Las Vegas Strip.
- A catalyst for new home sales and further development in Summerlin and beyond. Since its monumental opening, the Summerlin master planned community has been reinvigorated and has further strengthened its position as a premier master planned community in the region.
- One of the largest shopping destinations in the nation to receive LEED Silver status
In what ways do you feel that other developers can benefit from your experience?
- Redevelopment of an abandoned project. When HHC restarted construction on the project in 2013, several steel structures including a nine-story office skeleton had been standing exposed to the elements since 2008.
- Recalibrating an existing project to meet new customer demands. Rather than simply finishing the buildout of a partially-constructed, traditional mall, we sought to create a more dynamic and vibrant open-air environment - a decidedly bigger and more compelling concept, Downtown Summerlin. This new urban concept met the current demand of customers desiring a place they could spend the entire day.
- Creating a second downtown in mid-size market. Downtown Summerlin offers an unmatched environment designed as a walkable urban core as well as a unique variety of offerings one would expect to find in a downtown setting including entertainment, dining, shopping, a convenient marketplace, a nine-story, Class A office building and recently opened multi-family residences.
Was this project a public-private partnership or joint effort with a governmental entity? If so, what is the name of that agency, and what was the nature of their involvement in the project?
None.
Describe the financing involved in the project.
The Howard Hughes Corporation made an investment of approximately $418 million dollars, financing approximately $311 million with a conventional construction loan between three major banking institutions. The loan term includes:
· Loan Amount: $311,800,000
· Rate: Libor + 225bps
· Lenders: Wells Fargo (lead), JP Morgan and US Bank
· Term: three years with two, one-year extensions
· Loan to cost: 65%
If you had this project to do over again, what would you do differently? Why?
The construction of Downtown Summerlin was completed on an accelerated schedule. Ideally, an additional six months would be added to the construction schedule to allow more time to solve the complexities of taking over a partially completed project. Some utilities, foundations and vertical steel were in place at the time the project started. A portion of the originally proposed lifestyle center was redesigned to include a power center on the southern portion of the parcel. The design changes resulted in a very aggressive schedule.
New Developments
Explain what specific design and construction problems were solved or how new standards in the areas of design and construction were established.
HHC adopted a partially complete project from GGP with site work and several steel frames incomplete. Steel framing for second level space above four buildings totaling approximately 50,000 square feet was already constructed when HHC took possession of the asset. A two level anchor building was programmed adjacent to these buildings with direct connectivity to the second level of the anchor store. When the third anchor tenant elected not to come to the project due to of the prevailing retail market conditions, leasing of the second level became significantly more difficult.
HHC set out to repurpose the space and re-envision the tenant mix on this second level space. Additionally, HHC moved to activate the anchor pad site with a multi-purpose park space for events to drive traffic to this location of the shopping center. To date, 38% of the second level space in buildings E, F, G, and H is leased with another 31% currently in negotiations. Fitness uses will activate the area and bringing repeat customers to the second level. A retail space for a large homebuilder on of the fastest growing master planned communities also brings customers to the space in daytime hours.
The former pad site is activated year round by the mall management team. Events in the grassy park promote the second level tenants through sponsorships. As an example, weekly yoga on the lawn events are sponsored by TruFusion Yoga & Pilates to garner new memberships. In the warmer months, festivals and a Saturday morning farmer’s market draws thousands to Downtown Summerlin. In the winter holiday season, the space is activated very successfully by an outdoor ice rink.
Modifying the tenant mix and activating the pad site with events and specialty uses generates income from a preexisting structure without an adjacent anchor tenant.
Describe what you feel to be the key reasons for the success of the project (environmental enhancements, space utilization, construction costs, and the like).
Delivering an urban core was paramount to the development’s long-term success. The original concept was redesigned to better integrate the shopping center into the downtown area of Summerlin. Rather than finish the mall formerly known as The Shops at Summerlin, HHC went back to the drawing board to re-envision the site as a downtown - a fresh, vibrant and dynamic Main Street for the growing master planned community of Summerlin. The open-air venue with unparalleled shopping, dining and entertainment allows visitors to stroll the pedestrian-friendly streets filled with an exceptional mix of retailers and restaurants.
The success is already evident by the already increased traffic counts halfway into its second year. With its wide sidewalks, lush desert landscape -approximately 340 palm trees were planted -and unique, varied streetscape design – out of 36 buildings, no two building exteriors are alike - natural stones reminiscent of the nearby Red Rock Conservatory blended with the neon lights of The Strip - Downtown Summerlin was truly representative of those who live in Vegas. The foresight in design and planning of the project helped create an environment where retractable bollards can be activated so as to close streets for different events - farmer’s markets, races, performances and, most recently, 20 nights of the Downtown Summerlin Holiday Parade in which over 60,000 community members attended the holiday celebration. Downtown has become a true gathering place for the community as evident by the significant demand to host major city-wide events at the property.
Was the developer required to make an investment in the community? If so, explain what had to be done and what the impact was on the community.
HHC invested above and beyond what the original plan called for - spending approximately $418 million to build the project. This significant investment was extremely risky given the weak condition of the Las Vegas market and shifts in the overall retail landscape. HHC took a leap of faith to build the project when we did and the immediate community embracement proved our gamble paid off.
The development of Downtown Summerlin required a significant financial investment in Las Vegas, a city that experienced high unemployment and foreclosure rates during and after the recession. The new shopping center created a new downtown for people while also themselves creating 2,000 construction jobs and 2,500 permanent jobs. The positive impact on the community is long lasting and Downtown Summerlin has been embraced as a premier social destination where the community rallies.
The community embraced Downtown Summerlin with over 13 million visits in 2015. This project provides a place for the locals to spend the whole day with a convenient marketplace, a luxury cinema, a large park with seasonal activations, multiple spas and salons and of course upscale shopping and dining – not to mention it is within a short walk to the local favorite Red Rock Resort & Casino. Downtown Summerlin eliminated the need to drive 20-30 minutes to find a new outfit or a rich concentration of first class dining options.
The Summerlin master planned community has also been reinvigorated - experiencing significant real estate expansion in a variety of categories. Two new villages in the Summerlin master planned community have broken ground representing nearly 2,000 new homes. The villages will be the first new villages to open in over twelve years. Summerlin has also received a top ten designation – ranking 4th - in the Robert Charles Lesser 2016 annual poll of top-selling master planned communities. This success can be attributed to a 37.8 percent increase in new home sales in 2015.
Sustainable Design
Is your project ISO, LEED, ARUP or BREEAM certified?
Yes
If yes, at what level?
Downtown Summerlin is one of the largest shopping destinations in the nation to receive LEED Silver status. The 1.4 million square foot project was awarded LEED Silver Certification under the LEED for Core & Shell Rating System in 2016.
Describe the project's central approach to sustainability such as energy and water use, the internal environment, pollution, transport, materials, waste, ecology and management processes.
Downtown Summerlin was designed and constructed with sustainability at the forefront. Ongoing sustainable operation of Downtown Summerlin was achieved by reducing resource consumption (energy, water and construction materials) and minimizing local environmental impact. Energy savings were maximized to a level greatly exceeding those legally required by specifying energy efficient light fixtures, advanced lighting control systems, low heat transfer glass, elevated thermal insulation levels and high efficiency heating, ventilation and air conditioning (HVAC) equipment. Water usage was reduced by installing low volume flush and flow fixtures throughout the project. Construction material consumption was minimized by selecting recycled and locally sourced material resources. The impact of Downtown Summerlin on the surrounding environment was mitigated by enforcing landscaping, cleaning and pest management policies friendly to native species, while selecting exterior finishes to reduce heat island effect. In addition to the sustainability approaches utilized in the central facilities of Downtown Summerlin a Tenant Criteria Manual (TCM) was also implemented that required sustainable design and operation within tenant spaces. The TCM for Downtown Summerlin identifies the minimum efficiency requirements for HVAC equipment, maximum flow rates for plumbing fixtures, minimum thermal envelope criteria and requires smoke free buildings.
Supporting Marterials
Documentation
Tenant Mix / Merchandising Plan
Maps / Floor Plan
Photo Gallery
Audio / Video
Description of Entry
For nearly five years a nine-story steel structure and other unfinished edifices stood silent on the site of what is now Downtown Summerlin, serving as a symbol of the struggling Las Vegas economy. The Howard Hughes Corporation took ownership of the unfinished site as part of the spin-off from GGP in 2010 and knew changes for a traditional mall concept were necessary. Renvisioned and reimagined as a vibrant downtown instead, construction began in May,2013.
Downtown Summerlin opened October 9, 2014 as the nation’s largest retail development since the recession. The development is located in the heart of the acclaimed 22,500-acre Summerlin master planned community in Las Vegas at the base of the renowned natural landmark the Red Rock Canyon National Conservation Area. The 106-acre, 1.4 million square foot mixed-use development features over 125 stores and restaurants in an integrated open-air environment with entertainment, dining, shopping, a power center style marketplace and a nine-story, Class A office building.
Downtown Summerlin offers a mix of regionally and nationally known brands, 25 of which are first-to-market retailers. In addition to the two anchor department stores, Macy’s and Dillard’s, downtown boasts an expansive merchandising mix that one would expect to find in a traditional downtown setting including; specialty food and grocery, health and beauty, home furnishing and housewares, sporting goods, entertainment, toys and gifts, personal services, technology and electronics, fashion, public spaces and the largest concentration of quick and full-service dining located off of the Las Vegas strip.
Size of Store
Company Name
Architect
Designer
General Contractor
Type of Merchandise
Opening Date
If Renovation, Store's Original Opening Date
Store's Renovated Opening Date
Summary
Retail Store Design
Provide detailed information on the design concept, including background on the reasons for the concept, its development and impact on store image and sales performance.
Describe the integration of interior, storefront and merchandise displays.
Describe the specific materials used in creating the new concept.
If this is a renovation, describe the impact on sales. If this is a new store, comment on sales performance to date versus the planned performance.
Total cost per square meters including design, leasehold improvements and fixtures.
Documentation
Floor Plan
Audio / Video
Downtown Summerlin
Category
New Developments > Mixed-use projects
Description
1980 Festival Plaza Drive
{89135 Address#projectAddress.City}, Nevada 89135
,
Winner Status
- Commendation