Agora Realty and Management has broken ground on the 29-acre mixed-use, North Las Vegas Village in downtown Las Vegas. The redevelopment project is situated at the city’s entrance, north along Las Vegas Boulevard, east of Interstate 5 along Lake Mead Boulevard.
The $105 million project is expected to be finished in 24 months. It will consist of 125,000 square feet of healthcare and medical office space and 200,000 square feet of retail space. As part of the project, Agora began building a 22,000-square-foot medical office building earlier this year. The building will house general care and specialty services.
Also Read: Construction begins at Helios Medical Campus in Las Vegas
Additional features and amenities
The business wants to build a public area. The latter will feature play areas for kids, spaces for events, and a big screen for outdoor presentations and movies. Agora also plans to provide micro-business units, which will be between 150 and 450 square feet in size. Construction designs are being completed by SCA Architects, and Mycotoo and Agora will collaborate on the design and programming for the microbusinesses and public areas.
The North Las Vegas Village will be Agora Realty and North Las Vegas’ second recent project. According to a press statement, the developer started construction on a 22,000-square-foot, $10 million medical office facility in September. 100 jobs will be created when the medical facility opens in the summer of 2023.
North Las Vegas Village reenvisioned into a live, work, play neighborhood
“North Las Vegas is being reenvisioned as a walkable downtown neighborhood where residents can live, work, play, and celebrate everything that life has to offer. A mile and a half away from the property, there are roughly 45,000 individuals who work during the day; this is a neighborhood that truly lacks a place to congregate, according to Cary Lefton, CEO of Agora Realty and Management.
“It’s been a decadelong desire to redevelop this downtown portion of the city of North Las Vegas. You could have a thriving city, you can have a lot going on, but if the heart of your city is unhealthy, you’ve got problems,” said Jared Luke, director of government affairs and economic development for North Las Vegas.
