development pipeline...march 2020 $375,000,000 astral hotel and casino planned 2022 $350,000,000...

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Page 1: DEVELOPMENT PIPELINE...March 2020 $375,000,000 Astral Hotel and Casino Planned 2022 $350,000,000 Haas Automation Manufacturing Plant Planned Late 2022 $327,000,000 Dream Hotel Planned
Page 2: DEVELOPMENT PIPELINE...March 2020 $375,000,000 Astral Hotel and Casino Planned 2022 $350,000,000 Haas Automation Manufacturing Plant Planned Late 2022 $327,000,000 Dream Hotel Planned

DEVELOPMENT PIPELINE

Page 3: DEVELOPMENT PIPELINE...March 2020 $375,000,000 Astral Hotel and Casino Planned 2022 $350,000,000 Haas Automation Manufacturing Plant Planned Late 2022 $327,000,000 Dream Hotel Planned

Las Vegas Project ListProject Status Estimated Completion CostResorts World Las Vegas Under Construction Summer 2021 $4,300,000,000 The Drew Planned Spring 2022 $3,100,000,000 Jackie Robinson Arena and Hotel Project Planned DND $3,000,000,000 Allegiant Stadium (Raiders) Under Construction July 2020 $1,970,000,000 MSG Sphere at the Venetian Under Construction 2021 $1,660,000,000 Las Vegas Convention Center Expansion Under Construction December 2020 $1,400,000,000 Union Village Under Construction 2025 $1,200,000,000 Henderson West Planned Q4 2028 $950,000,000 Majestic Las Vegas Planned Q1 2023 $850,000,000 Google Data Center Under Construction December 2020 $600,000,000 UnCommons Planned 2021 $400,000,000 Caesars FORUM Conference Center Under Construction March 2020 $375,000,000 Astral Hotel and Casino Planned 2022 $350,000,000 Haas Automation Manufacturing Plant Planned Late 2022 $327,000,000 Dream Hotel Planned 2023 $300,000,000 Nevada Museum of Art, Las Vegas Planned 2025 $250,000,000 I-15 and Tropicana Interchange Reconstruction Planned 2024 $200,000,000 Virgin Hotels Las Vegas (rebrand of Hard Rock Hotel & Casino) Under Construction Fall 2020 $200,000,000 UNLV Medical School Building Planned Late 2021 $155,000,000 SAHARA Las Vegas (Rebrand of SLS Las Vegas) Under Construction 2023 $150,000,000 I-15/CC-215 Northern Beltway Interchange Planned 2022 $110,500,000

Page 4: DEVELOPMENT PIPELINE...March 2020 $375,000,000 Astral Hotel and Casino Planned 2022 $350,000,000 Haas Automation Manufacturing Plant Planned Late 2022 $327,000,000 Dream Hotel Planned

Las Vegas Project ListProject Status Estimated Completion CostThe STRAT Hotel & Casino Rebrand Planned DND $110,000,000 Las Vegas Monorail Extension to Mandalay Bay Under Construction Fall 2020 $100,000,000 Elysian at the Hughes Center Under Construction March 2022 $100,000,000 Delta by Marriott Under Construction 2021 $100,000,000 Centennial Hills Hospital Expansion Planned October 2022 $98,000,000 AC Hotel by Marriott Under Construction July 2020 $95,000,000 Expo at World Market Center Las Vegas Under Construction Fall 2021 $90,000,000 CSN Health & Sciences Building Under Construction June 2020 $77,000,000 Intermountain Healthcare Performance Center Under Construction 2021 $75,000,000 The Bend Under Construction April 2020 $70,000,000 New 215 Interchanges at Losee, Pecos, and Lamb Under Construction April 2020 $70,000,000 Luxury Apartments at Twain/Dean Martin Under Construction 2021 $65,000,000 Nevada State College Education Building Under Construction August 2020 $61,900,000 Blue Diamond Widening Under Construction January 2021 $58,600,000 New Las Vegas Municipal Courthouse Under Construction April 2020 $56,000,000 Hampton Inn & Suites/Home2Suites Under Construction December 2020 $55,000,000 Las Vegas Convention Center Loop Under Construction 2021 $52,500,000 Downtown Henderson Under Construction Early 2021 $50,000,000 Las Vegas Boulevard Repaving Under Construction 2020 $47,700,000 Downtown Grand Hotel & Casino Third Tower Under Construction Late 2020 $45,000,000 Water Pipeline to Apex Industrial Park Planned DND $42,000,000

Page 5: DEVELOPMENT PIPELINE...March 2020 $375,000,000 Astral Hotel and Casino Planned 2022 $350,000,000 Haas Automation Manufacturing Plant Planned Late 2022 $327,000,000 Dream Hotel Planned

Las Vegas Project ListProject Status Estimated Completion CostSouth Point Hotel Casino & Spa Renovation Under Construction September 2020 $40,000,000 Monorail Station at MSG Sphere Las Vegas Planned DND $33,600,000 I-215 Beltway Widening Planned Spring 2021 $29,600,000 Fremont Hotel and Casino Expansion Planned 2021 $32,000,000 Sahara and Las Vegas Blvd Pedestrian Bridge Planned January 2024 $28,000,000 Lifeguard Arena in Henderson Under Construction July 2020 $25,000,000 El Cortez Hotel and Casino Renovations Under Construction 2020 $21,000,000 Nevada State College Dorms Planned May 2020 $20,000,000 Archie Grant Park Affordable Housing Renovations Under Construction November 2020 $12,300,000 McCarran Airport Infrastructure Improvements Planned DND $13,900,000 Treehouse Las Vegas Under Construction 2020 $7,100,000 Skyline Hotel & Casino Expansion Under Construction Spring 2020 $7,000,000 Neon Museum Expansion Under Construction Spring 2020 $3,000,000 Showcase Mall Expansion Planned 2020 $1,160,000 Ahern Hotel & Convention Center (Rebrand of Lucky Dragon Hotel & Casino) Planned 2020 DNDAloft Hotel Planned DND DNDAREA15 Under Construction Spring 2020 DNDBoyd Gaming Las Vegas Headquarters Planned DND DNDCirca Resort and Casino Under Construction December 2020 DNDFlamingo Mixed-Use Development Under Construction Q4 2021 DNDHarrah's Las Vegas Hotel and Casino Room Renovations Planned 2020 DND

Page 6: DEVELOPMENT PIPELINE...March 2020 $375,000,000 Astral Hotel and Casino Planned 2022 $350,000,000 Haas Automation Manufacturing Plant Planned Late 2022 $327,000,000 Dream Hotel Planned

Las Vegas Project ListProject Status Estimated Completion CostHenderson Executive Airport Expansion Under Construction Spring 2020 DNDHenderson Hockey Arena Planned DND DNDHoward Hughes Ballpark Hotel Planned DND DNDMardi Gras Hotel and Casino Redevelopment Planned 2023 DNDMGM-Invenergy Solar Project Planned 2020 DNDSpringHill Suites Marriott Planned September 2021 DNDThe Element Hotel by Westin Planned March 2022 DNDVirgin Trains USA High-Speed Rail Planned 2023 DNDWVC (Rebrand and Renovation of Enclave) Under Construction June 2020 DND

Grand Total $23.6 billion

Page 7: DEVELOPMENT PIPELINE...March 2020 $375,000,000 Astral Hotel and Casino Planned 2022 $350,000,000 Haas Automation Manufacturing Plant Planned Late 2022 $327,000,000 Dream Hotel Planned

For Further Information, Visit VegasDevMap.com

Page 8: DEVELOPMENT PIPELINE...March 2020 $375,000,000 Astral Hotel and Casino Planned 2022 $350,000,000 Haas Automation Manufacturing Plant Planned Late 2022 $327,000,000 Dream Hotel Planned

SELECTED MAJOR PROJECTS

Page 9: DEVELOPMENT PIPELINE...March 2020 $375,000,000 Astral Hotel and Casino Planned 2022 $350,000,000 Haas Automation Manufacturing Plant Planned Late 2022 $327,000,000 Dream Hotel Planned

Caesars FORUM Conference Center

Page 10: DEVELOPMENT PIPELINE...March 2020 $375,000,000 Astral Hotel and Casino Planned 2022 $350,000,000 Haas Automation Manufacturing Plant Planned Late 2022 $327,000,000 Dream Hotel Planned

Intermountain Healthcare Performance Center

Page 11: DEVELOPMENT PIPELINE...March 2020 $375,000,000 Astral Hotel and Casino Planned 2022 $350,000,000 Haas Automation Manufacturing Plant Planned Late 2022 $327,000,000 Dream Hotel Planned

Allegiant Stadium

Page 12: DEVELOPMENT PIPELINE...March 2020 $375,000,000 Astral Hotel and Casino Planned 2022 $350,000,000 Haas Automation Manufacturing Plant Planned Late 2022 $327,000,000 Dream Hotel Planned

Lifeguard Arena

Page 13: DEVELOPMENT PIPELINE...March 2020 $375,000,000 Astral Hotel and Casino Planned 2022 $350,000,000 Haas Automation Manufacturing Plant Planned Late 2022 $327,000,000 Dream Hotel Planned

Google Data Center

Page 14: DEVELOPMENT PIPELINE...March 2020 $375,000,000 Astral Hotel and Casino Planned 2022 $350,000,000 Haas Automation Manufacturing Plant Planned Late 2022 $327,000,000 Dream Hotel Planned

Expo at World Market Center Las Vegas

Page 15: DEVELOPMENT PIPELINE...March 2020 $375,000,000 Astral Hotel and Casino Planned 2022 $350,000,000 Haas Automation Manufacturing Plant Planned Late 2022 $327,000,000 Dream Hotel Planned

Twain & Dean Martin Luxury Apartments

Page 16: DEVELOPMENT PIPELINE...March 2020 $375,000,000 Astral Hotel and Casino Planned 2022 $350,000,000 Haas Automation Manufacturing Plant Planned Late 2022 $327,000,000 Dream Hotel Planned

Elysian at Hughes Center

Page 17: DEVELOPMENT PIPELINE...March 2020 $375,000,000 Astral Hotel and Casino Planned 2022 $350,000,000 Haas Automation Manufacturing Plant Planned Late 2022 $327,000,000 Dream Hotel Planned

Virgin Hotel Rebrand

Page 18: DEVELOPMENT PIPELINE...March 2020 $375,000,000 Astral Hotel and Casino Planned 2022 $350,000,000 Haas Automation Manufacturing Plant Planned Late 2022 $327,000,000 Dream Hotel Planned

Las Vegas Convention Center Expansion

Page 19: DEVELOPMENT PIPELINE...March 2020 $375,000,000 Astral Hotel and Casino Planned 2022 $350,000,000 Haas Automation Manufacturing Plant Planned Late 2022 $327,000,000 Dream Hotel Planned

Las Vegas Convention Center Loop

Page 20: DEVELOPMENT PIPELINE...March 2020 $375,000,000 Astral Hotel and Casino Planned 2022 $350,000,000 Haas Automation Manufacturing Plant Planned Late 2022 $327,000,000 Dream Hotel Planned

Resorts World Las Vegas

Page 21: DEVELOPMENT PIPELINE...March 2020 $375,000,000 Astral Hotel and Casino Planned 2022 $350,000,000 Haas Automation Manufacturing Plant Planned Late 2022 $327,000,000 Dream Hotel Planned

MSG Sphere at the Venetian

Page 22: DEVELOPMENT PIPELINE...March 2020 $375,000,000 Astral Hotel and Casino Planned 2022 $350,000,000 Haas Automation Manufacturing Plant Planned Late 2022 $327,000,000 Dream Hotel Planned

UnCommons

Page 23: DEVELOPMENT PIPELINE...March 2020 $375,000,000 Astral Hotel and Casino Planned 2022 $350,000,000 Haas Automation Manufacturing Plant Planned Late 2022 $327,000,000 Dream Hotel Planned

The Bend

Page 24: DEVELOPMENT PIPELINE...March 2020 $375,000,000 Astral Hotel and Casino Planned 2022 $350,000,000 Haas Automation Manufacturing Plant Planned Late 2022 $327,000,000 Dream Hotel Planned

UNLV Medical School

Page 25: DEVELOPMENT PIPELINE...March 2020 $375,000,000 Astral Hotel and Casino Planned 2022 $350,000,000 Haas Automation Manufacturing Plant Planned Late 2022 $327,000,000 Dream Hotel Planned

The Drew

Page 26: DEVELOPMENT PIPELINE...March 2020 $375,000,000 Astral Hotel and Casino Planned 2022 $350,000,000 Haas Automation Manufacturing Plant Planned Late 2022 $327,000,000 Dream Hotel Planned

Delta by Marriott

Page 27: DEVELOPMENT PIPELINE...March 2020 $375,000,000 Astral Hotel and Casino Planned 2022 $350,000,000 Haas Automation Manufacturing Plant Planned Late 2022 $327,000,000 Dream Hotel Planned

Astral Hotel and Casino

Page 28: DEVELOPMENT PIPELINE...March 2020 $375,000,000 Astral Hotel and Casino Planned 2022 $350,000,000 Haas Automation Manufacturing Plant Planned Late 2022 $327,000,000 Dream Hotel Planned

Haas Automation Manufacturing Plant

Page 29: DEVELOPMENT PIPELINE...March 2020 $375,000,000 Astral Hotel and Casino Planned 2022 $350,000,000 Haas Automation Manufacturing Plant Planned Late 2022 $327,000,000 Dream Hotel Planned

Majestic Las Vegas

Page 30: DEVELOPMENT PIPELINE...March 2020 $375,000,000 Astral Hotel and Casino Planned 2022 $350,000,000 Haas Automation Manufacturing Plant Planned Late 2022 $327,000,000 Dream Hotel Planned

Dream Hotel

Page 31: DEVELOPMENT PIPELINE...March 2020 $375,000,000 Astral Hotel and Casino Planned 2022 $350,000,000 Haas Automation Manufacturing Plant Planned Late 2022 $327,000,000 Dream Hotel Planned

Union Village

Page 32: DEVELOPMENT PIPELINE...March 2020 $375,000,000 Astral Hotel and Casino Planned 2022 $350,000,000 Haas Automation Manufacturing Plant Planned Late 2022 $327,000,000 Dream Hotel Planned

Henderson West

Page 33: DEVELOPMENT PIPELINE...March 2020 $375,000,000 Astral Hotel and Casino Planned 2022 $350,000,000 Haas Automation Manufacturing Plant Planned Late 2022 $327,000,000 Dream Hotel Planned

COMMERCIAL MARKET

Page 34: DEVELOPMENT PIPELINE...March 2020 $375,000,000 Astral Hotel and Casino Planned 2022 $350,000,000 Haas Automation Manufacturing Plant Planned Late 2022 $327,000,000 Dream Hotel Planned

Commercial MarketSubmarket Status Project Count Size in Square Feet

IndustrialUnder Construction 19 5,876,633Planned 13 2,389,976

Subtotal 32 7,618,641

OfficeUnder Construction 9 342,949Planned 19 2,384,282

Subtotal 28 2,727,231

RetailUnder Construction 5 403,525Planned 19 2,184,678

Subtotal 24 2,588,203

Grand Total 84 12,934,075

Page 35: DEVELOPMENT PIPELINE...March 2020 $375,000,000 Astral Hotel and Casino Planned 2022 $350,000,000 Haas Automation Manufacturing Plant Planned Late 2022 $327,000,000 Dream Hotel Planned

Golden Triangle Logistics Center1 million square feet

Page 36: DEVELOPMENT PIPELINE...March 2020 $375,000,000 Astral Hotel and Casino Planned 2022 $350,000,000 Haas Automation Manufacturing Plant Planned Late 2022 $327,000,000 Dream Hotel Planned

Amazon Henderson Warehouse600,000 square feet

Page 37: DEVELOPMENT PIPELINE...March 2020 $375,000,000 Astral Hotel and Casino Planned 2022 $350,000,000 Haas Automation Manufacturing Plant Planned Late 2022 $327,000,000 Dream Hotel Planned

Canyon Ridge Business ParkSize: 65,000 square feet

Page 38: DEVELOPMENT PIPELINE...March 2020 $375,000,000 Astral Hotel and Casino Planned 2022 $350,000,000 Haas Automation Manufacturing Plant Planned Late 2022 $327,000,000 Dream Hotel Planned

Gardner PlazaSize: 23,832 square feet

Page 39: DEVELOPMENT PIPELINE...March 2020 $375,000,000 Astral Hotel and Casino Planned 2022 $350,000,000 Haas Automation Manufacturing Plant Planned Late 2022 $327,000,000 Dream Hotel Planned

Blue Diamond-Decatur PlazaSize: 165,000 square feet

Page 40: DEVELOPMENT PIPELINE...March 2020 $375,000,000 Astral Hotel and Casino Planned 2022 $350,000,000 Haas Automation Manufacturing Plant Planned Late 2022 $327,000,000 Dream Hotel Planned