Building Community to Make Life Better
Business is recovering and expanding throughout the city of Las Vegas. For 2022, the city is focused on continued growth in new residential development, hospitality, health care and entrepreneurship.
Last year saw the completion of two major new residential projects in Symphony Park – the Auric and Parc Haven – adding more than 600 new units. Developer Southern Land is scheduled to break ground in 2022 on a high-rise/mid-rise residential project adding an additional 550 units to Symphony Park.
Downtown resort hotels Circa and the Downtown Grand Gallery Tower saw strong occupancy in their first full year of operations. The new Marriott Autograph Collection hotel in the Arts District known as The English is set to open in Q1. A dual flag hotel Marriott AC/Element is set to break ground in Symphony Park in Q2. The Expo at World Market Center Las Vegas welcomed its first guests in 2021 and is seeing increased bookings for 2022.
Construction continues on the Kirk Kerkorian School of Medicine at UNLV Medical Education Building with an anticipated completion date of Summer 2022. The new building will allow the medical program to double in class size, ranging from 120 students to 180 in the future. The city also is working with developer G2 Capital to deliver a new medical office campus on Shadow Lane and Wellness Way.
Entrepreneurship is expanding in downtown with the city’s Innovation District and its International Innovation Center, home to the city’s Smart Mobility and Smart City initiatives. The city is expanding support for tech startups through incubator/accelerator partners StartupNV and gener8tor, a nationally ranked accelerator.
The City’s Economic and Urban Development team is ready to support your new development or business project. For more information, visit us here →