Showcase Mall
History
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After the 1989 announcement of plans for the MGM Grand hotel and casino, attorney Bob Unger recognized the investment potential of an adjacent property where he was handling an eviction case. Unger approached his friend, banker Barry Fieldman, for financing, and the two partnered to form Makena Development Corp. in 1992. Makena purchased Island Plaza, a small shopping center on the site that would become the southern part of Showcase Mall. They then beat out MGM in an effort to purchase two gas stations to the north of Island Plaza.
Forest City Enterprises, a national real estate developer with interests in Las Vegas including the Galleria at Sunset mall, signed on to provide additional funding and expertise to the project, taking a 20% ownership stake.
The first business at the mall, the Official All Star Cafe, opened on December 15, 1996. An eight-screen United Artists Theater opened in March 1997.
Island Plaza was demolished in 1999 to make way for the second phase of Showcase Mall, with 43,000 square feet (4,000 m) of retail space and a $33-million budget. The second phase, south of the original building, opened in 2000, featuring a gift shop with an interior designed to resemble the Grand Canyon.
North of the original portion of the mall, a parcel occupied by a Denny's restaurant was earmarked for a third phase of construction. In 2003, Westgate Resorts announced a $180-million plan to build a 54-story tower with over 700 timeshare units on the Denny's site. Facing strong opposition from MGM Grand and concerns from county officials about the size of the project, the plan was scaled back to 42 stories, but was ultimately rejected by the Clark County Commission.
In 2005, the developers sold the first phase of the mall for $142 million, to a partnership of San Francisco-based City Center Retail and New York investment firm Angelo Gordon & Co. The buyers also spent $30 million to acquire a leasehold interest in the Denny's site.
The mall's third phase was built in 2009 with 97,400 square feet of space, anchored by a Hard Rock Cafe and a Ross Dress For Less store. The City Center / Angelo Gordon partnership sold this portion of the mall in 2011 to Unilev Capital Corp., a California real estate investment company, for $93.5 million.
In July 2014, City Center and Angelo Gordon sold the original center section of the mall for $145 million to a partnership between the Nakash family (founders of Jordache) and investor Eli Gindi. The Nakashes and Gindi, along with home-curtains manufacturer Elyahu Cohen, then purchased the third, northern section of the mall from Unilev Capital for $139.5 million in January 2015. The Nakashes and Gindi consolidated their control of the mall in December 2015, buying the southern portion from Fieldman for $82.9 million.
A planned expansion of the mall was approved in September 2017. Earlier in the year, the Nakashes and Gindi had paid $59.5 million to purchase a building to the north of the mall, which had previously housed the Smith & Wollensky steakhouse. Plans called for the building to be demolished and replaced with a new four-story, 145,000-square-foot (13,500 m) building. It would be anchored by Target and Burlington department stores. Both stores opened in 2020 in the new building.
Notable tenants
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- Adidas Performance Center — A three-story store selling sports apparel. Opened in 2004.
- Aerie — A two-story lingerie store, opened in 2018.
- BrewDog — A 30,000 sq ft (2,800 m) rooftop brewpub, the largest location in the international chain. Opened in 2022 in the mall's fourth phase, at a cost of $17 million.
- Burlington — A 50,000 sq ft (4,600 m) discount department store. Opened in 2020 in the mall's fourth phase.
- Coca-Cola Store — A two-story gift shop. Opened in 1997 as the World of Coca-Cola, a four-story facility, with the upper two floors containing a museum showcasing the history of Coca-Cola. The museum portion closed in 2000.
- FlyOver — A flying theater motion simulator attraction, located in the former movie theater space at the base of the mall's parking garage. Opened in 2021.
- Food court — Opened in 2003 with nine fast-food outlets.
- Hard Rock Cafe — A three-story facility including a restaurant, live music venue, and gift shop. Opened in 2009.
- Lids — A two-story, 12,000 sq ft (1,100 m) flagship store, the largest location for the sports apparel chain, opened in 2022.
- M&M's World — A four-story store selling M&M's candy and merchandise. Opened in 1997.
- Olive Garden — Italian restaurant, opened in 2021 on the third floor of the mall's fourth phase.
- Raising Cane's — A two-story flagship location of the fast-food chicken finger chain, opened in 2022.
- T-Mobile — A two-story flagship store for the mobile phone provider. Opened in 2018.
- Target — A 20,000 sq ft (1,900 m) "small-format" location of the discount retail store chain. Opened in 2020 in the mall's fourth phase.
Former tenants
- American Eagle — A two-story flagship store for the apparel retailer, opened in 2018.
- Arcadia Earth — A 17,000-square-foot (1,600 m) immersive art installation with an environmental theme, opened in 2022.
- Designer Shoe Warehouse — A flagship store for the shoe retailer, in the mall's basement. Opened in 2018.
- GameWorks — A video arcade and restaurant. Opened in 1997 in a basement space now occupied by Marshalls. Closed in 2012.
- Grand Canyon Experience — A two-story gift shop built to resemble the Grand Canyon. Opened in 2000 as part of the mall's second phase. Closed in 2017.
- Official All Star Cafe — A three-story theme restaurant featuring sports memorabilia. Opened in 1996. Closed in 2000.
- Tickets2Nite — A discount ticket broker located in the mall's atrium. Opened in 2002 as the first discount ticket outlet in Las Vegas, inspired by New York's TKTS booth. Moved out by 2008.
- United Artists Theaters — An eight-screen movie theater, located at the base of the mall's parking garage. Opened in 1997. Closed in 2018.
References
- ^ Jennifer Shubinski (February 28, 2005). "Expansion planned by new Showcase mall owner". Las Vegas Sun. Retrieved 2015-07-18.
- ^ Hubble Smith (September 30, 2011). "Portion of Showcase mall sold for $93.5 million". Las Vegas Review-Journal. Retrieved 2015-07-18.
- ^ Jefferson, David J. (October 4, 1989). "MGM Grand expands its plan to build Las Vegas studio theme park and hotel". Wall Street Journal. – via Factiva (subscription required)
- ^ "It's the real thing: Coke in Las Vegas". Las Vegas Sun. July 7, 1997 – via NewsBank.
- ^ Tim Willert (April 23, 1997). "Developers show off glitzy Showcase". Las Vegas Review-Journal – via NewsBank.
- ^ Dave Berns (September 23, 1997). "Partners with panache". Las Vegas Review-Journal – via NewsBank.
- ^ Monica Caruso (December 14, 1996). "Showcase hopes to be real thing". Las Vegas Review-Journal – via NewsBank.
- ^ Carol Cling (March 7, 1997). "Strip gets its first multiplex with UA's Showcase 8". Las Vegas Review-Journal – via NewsBank.
- ^ Jeff Scheid (November 13, 1999). "Tumbling down". Las Vegas Review-Journal – via NewsBank.
- ^ "$33 million expansion to feature replica of Grand Canyon". Las Vegas Sun. September 27, 1999. Retrieved 2015-07-20.
- ^ "Showcase expansion tenant is revealed". Las Vegas Sun. July 26, 1999. Retrieved 2015-07-18.
- ^ Phil Levine (May 22, 2000). "Strip retail centers tout expansion plans". Las Vegas Sun. Retrieved 2015-07-18.
- ^ "Strip project planned". Las Vegas Sun. January 10, 2003. Retrieved 2015-07-21.
- ^ Hubble Smith (July 3, 2003). "County orders traffic study for time share tower". Las Vegas Review-Journal – via NewsBank.
- ^ Hubble Smith (April 10, 2003). "Westgate trims time-share plans". Las Vegas Review-Journal – via NewsBank.
- ^ "Scaled-down plan approved". Las Vegas Sun. May 13, 2003 – via NewsBank.
- ^ Hubble Smith (September 4, 2003). "Panel denies high-rise project". Las Vegas Review-Journal – via NewsBank.
- ^ Chris Jones (February 22, 2005). "Gaming Wire". Las Vegas Review-Journal – via NewsBank.
- ^ Jennifer Shubinski (February 28, 2005). "Expansion planned by new Showcase mall owner". Las Vegas Sun. Retrieved 2015-07-20.
- ^ Hubble Smith (September 30, 2011). "Portion of Showcase mall sold for $93.5 million". Las Vegas Review-Journal. Retrieved 2018-01-23.
- ^ Eli Segall (July 2, 2014). "Sale of Showcase Mall a rarity among Las Vegas Strip properties". Vegas Inc. Retrieved 2015-07-18.
- ^ Eli Segall (January 15, 2015). "For $140 million, another portion of mall on Las Vegas Strip changes hands". Vegas Inc. Retrieved 2015-07-18.
- ^ Eli Segall (December 9, 2015). "Final part of Showcase Mall on Strip sold for $83 million". Vegas Inc. Retrieved 2015-12-09.
- ^ Eli Segall (September 20, 2017). "Showcase Mall on Las Vegas Strip plans to expand". Las Vegas Review-Journal. Retrieved 2017-09-21.
- ^ Wade Tyler Millward (August 1, 2018). "Target, Burlington to open stores on Las Vegas Strip". Las Vegas Review-Journal. Retrieved 2019-02-16.
- ^ Mick Akers (August 1, 2018). "Target opening Las Vegas Strip store at Showcase Mall". Las Vegas Sun. Retrieved 2019-02-16.
- ^ Jennifer Shubinski (May 25, 2004). "Adidas attraction set for Strip". Las Vegas Sun. Retrieved 2015-07-22.
- ^ "Adidas Performance Center store opens". Las Vegas Sun. July 23, 2004. Retrieved 2015-07-22.
- ^ Wade Tyler Millward (June 28, 2018). "American Eagle Outfitters, Aerie to open on Las Vegas Strip". Las Vegas Review-Journal. Retrieved 2019-01-17.
- ^ Scott Reid (October 13, 2022). "BrewDog set to open largest venue ever and first visitors could win a $1 million bar tab". The Scotsman. Retrieved 2023-05-27.
- ^ Johnathan L. Wright (November 23, 2022). "A 1st look inside the $17M rooftop brewpub opening on the Strip". Las Vegas Review-Journal. Retrieved 2023-05-27.
- ^ Kiko Miyasato (January 6, 2023). "World-renowned brand BrewDog sets up its first Las Vegas location". Las Vegas Magazine. Retrieved 2023-05-27.
- ^ Wade Tyler Millward (August 1, 2018). "Target, Burlington to open stores on Las Vegas Strip". Las Vegas Review-Journal. Retrieved 2020-08-26.
- ^ Joe Gose (December 10, 2019). "On Las Vegas Strip, splashy stores elbow in alongside casinos". The New York Times. Retrieved 2020-08-26. (subscription required)
- ^ "Burlington reopens Las Vegas stores with steep discounts". KSNV-TV. May 22, 2020. Retrieved 2020-08-26.
- ^ Carol Cling (July 6, 1997). "Museum in a bottle". Las Vegas Review-Journal – via NewsBank.
- ^ Richard N. Velotta; Phil Levine (February 25, 2000). "Coke, a symbol for LV, to close much of Strip attraction". Las Vegas Sun – via NewsBank.
- ^ Rich DeMuro (September 3, 2021). "I rode the new Las Vegas attraction that makes it feel like you're flying over popular landmarks". KTLA-TV. Retrieved 2021-11-14.
- ^ C. Moon Reed (November 11, 2021). "A former Disney Imagineer creates immersive flight ride FlyOver Las Vegas". Las Vegas Weekly. Retrieved 2021-11-14.
- ^ Liz Benston (September 9, 2003). "Wendy's has high hopes for new Strip locations". Las Vegas Sun. Retrieved 2015-07-26.
- ^ George Connor (May 16, 2003). "Strip retail projects evolving with times". Las Vegas Business Press – via NewsBank.
- ^ Amanda Finnegan (September 5, 2009). "Hard Rock opens second cafe in Las Vegas". Las Vegas Sun. Retrieved 2015-07-22.
- ^ Sean Hemmersmeier (September 16, 2022). "Lids opens its largest store ever on the Strip". Las Vegas Review-Journal. Retrieved 2023-05-07.
- ^ Amanda Finnegan (June 25, 2010). "M&M's World store on Strip set for expansion". Las Vegas Sun. Retrieved 2015-07-22.
- ^ John Gurzinski (October 9, 1997). "M&M heaven". Las Vegas Review-Journal – via NewsBank.
- ^ Eli Segall (December 17, 2020). "Olive Garden to open eatery on Strip". Las Vegas Review-Journal. Retrieved 2021-11-14.
- ^ "Glorious Olive Garden opens on Las Vegas Strip, haters invited to suck it". Vital Vegas. September 18, 2021. Retrieved 2021-11-14.
- ^ Johnathan L. Wright (July 18, 2022). "Raising Cane's opens first-ever two-story restaurant on Strip". Las Vegas Review-Journal. Retrieved 2023-05-27.
- ^ Caitlin Lilly (July 18, 2022). "Raising Canes to open 2-story location on Las Vegas Strip". Retrieved 2023-05-27.
- ^ Wade Tyler Millward (January 5, 2018). "T-Mobile opens its first ever 2-story store on the Strip". Las Vegas Review-Journal. Retrieved 2018-01-24.
- ^ Mike Dano (October 5, 2017). "T-Mobile customer care czar: Calls per customer down 31% since 'Uncarrier' launch". FierceWireless. Retrieved 2018-01-24.
- ^ Eli Segall (August 12, 2020). "New Target store opens on Las Vegas Strip". Las Vegas Review-Journal. Retrieved 2020-08-26.
- ^ Janna Karel (December 21, 2018). "Customize your clothes at new American Eagle on Las Vegas Strip". Las Vegas Review-Journal. Retrieved 2019-01-17.
- ^ Jason Bracelin (December 10, 2021). "Arcadia Earth set to debut on the Strip". Las Vegas Review-Journal. Retrieved 2023-05-27.
- ^ Amy Abdelsayed (January 8, 2022). "'Arcadia Earth,' interactive art exhibit coming to Las Vegas, makes climate education fun". KTNV-TV. Retrieved 2023-05-27.
- ^ "Best Educational Attraction: Arcadia Earth". Las Vegas Weekly. June 16, 2022. Retrieved 2023-05-27.
- ^ Suzette Parmley (June 2, 2017). "Las Vegas goes from gambling halls to shopping malls". Philadelphia Inquirer. Retrieved 2018-08-17.
- ^ Wade Tyler Millward (March 14, 2017). "Shoe retailer DSW opening second Las Vegas location". Las Vegas Review-Journal. Retrieved 2018-08-17.
- ^ "Designer Shoe Warehouse opens store on the Las Vegas Strip" (Press release). DSW Inc. August 7, 2018. Retrieved 2018-08-17 – via PR Newswire.
- ^ Monica Caruso (April 10, 1997). "GameWorks to entertain at Showcase". Las Vegas Review-Journal – via NewsBank.
- ^ "It's time for the Fun Expo in Las Vegas". Las Vegas Sun. September 23, 1997. Retrieved 2018-01-23.
- ^ Stapleton, Susan (16 October 2013). "Marshalls Pimps Out Its Strip Location, Opening Next Week". Racked Vegas.
- ^ Conor Shine (February 23, 2012). "After 15 years, GameWorks closing on Strip, looking for new location to serve locals". Las Vegas Sun. Retrieved 2018-01-23.
- ^ Matt Guillermo (May 16, 2013). "Vegas GameWorks finds new life at Town Square". KVVU-TV. Retrieved 2018-01-23.
- ^ Matthew Crowley (September 27, 1999). "The grand illusion". Las Vegas Review-Journal – via NewsBank.
- ^ Wade Tyler Millward (June 7, 2017). "Showcase Mall on Las Vegas Strip plans $1.16M in construction". Las Vegas Review-Journal. Retrieved 2018-01-23.
- ^ Bradley Martin (June 22, 2017). "Grand Canyon Experience revamps at Grand Bazaar Shops". Eater.com. Retrieved 2018-01-23.
- ^ Michael Paskevich (December 13, 1996). "All Star Cafe latest player in the themed dining game". Las Vegas Review-Journal – via NewsBank.
- ^ "It's official: Strip's All Star Cafe to close". Las Vegas Sun. November 29, 1999. Retrieved 2018-01-23.
- ^ "Aladdin to sell land for condos, hotel". Las Vegas Sun. November 6, 2000. Retrieved 2018-01-23.
- ^ Mike Weatherford (October 22, 2002). "Discount ticket outlet hopes to attract more show patrons". Las Vegas Review-Journal – via NewsBank.
- ^ "Half-price tickets sold in Las Vegas". Daily News of Los Angeles. November 15, 2002 – via NewsBank.
- ^ Mike Weatherford (January 20, 2008). "Consumers winning ticket war". Las Vegas Review-Journal – via NewsBank.
- ^ Chris Kudialis (January 23, 2018). "Showcase Theater closes, leaving Strip without a movie house". Las Vegas Sun. Retrieved 2018-01-23.
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