The build is expected to be divided into a three-phase project that will cost the developer $380 million, Lefton said. City council members unanimously voted in favor of the rezoning on Aug.
The real estate developers presented their vision of a mixed-use neighborhood on the site called Hylo Park to the city of North Las Vegas Planning Commission on July 12, where they asked to rezone the land from resort commercial to a mixed-use neighborhood. “We eagerly anticipate contributing to the community and fostering growth and opportunities in this dynamic landscape.”
“Through this acquisition, we are thrilled to expand our footprint in the vibrant city of North Las Vegas,” said Ryan Lefton, chief of operations for Agora Realty &Management. (Chase Stevens/Las Vegas Review-Journal) demolished site where the Texas Station and Fiesta Rancho hotel-casinos once stood will soon see the beginning of a new development after the lot was sold Thursday.Īgora Realty &Management confirmed Friday that the company closed escrow on the 73-acre site at Lake Mead Boulevard and Rancho Drive for around $59 million for three parcels that were owned by Station Casinos.
A logo for Texas Station is seen on a parking garage as demolition continues on Thursday, Oct.