Downtown Summerlin (shopping center) explained

Downtown Summerlin
Location:Summerlin South, Nevada, U.S.
Address:1980 Festival Plaza Dr,[1] Las Vegas, NV 89135
Developer:Howard Hughes Corporation
Owner:Howard Hughes Corporation
Number Of Stores:125
Number Of Anchors:2
Parking:6,400
Publictransit:RTC Transit Downtown Summerlin Transit Facility

The Downtown Summerlin shopping center or DTS[2] is an outdoor shopping, dining, and entertainment center. It is a part of the greater Downtown Summerlin area, a 400acres development which lies within the community of Summerlin South on the western outskirts of Las Vegas, Nevada. The shopping center contains and is located on 106acres.

The two major anchor stores are Dillard's and Macy's. In total, Downtown Summerlin is home to over 125 shops, bars, and restaurants, as well as a Regal Cinemas movie theater.

A mall for the Summerlin community had been planned by The Howard Hughes Corporation since 1988, but was delayed several times. General Growth Properties acquired Howard Hughes Corporation in 2004, and began work on the site in 2007, to build what was then known as The Shops at Summerlin Centre. Construction was suspended in 2008, due to financial problems. Howard Hughes Corporation took over the project in 2010, and resumed construction in 2013. Downtown Summerlin's grand opening was held on October 9, 2014.

History

A shopping mall had been a part of The Howard Hughes Corporation's master plan for Summerlin, Nevada since announcing the community in 1988. The project was once planned as an indoor mall with several department stores.[3] By February 1996, Howard Hughes Corporation had plans for a 100-acre shopping mall, to be built near Charleston Boulevard and Town Center Drive. The mall was expected to be opened by the end of the 1990s.[4] Later in 1996, Howard Hughes Corporation became a subsidiary of The Rouse Company. In March 1997, Howard Hughes Corporation announced that the mall would contain 1000000square feet and would be opened by 2000. It would include five department stores as anchor tenants. The mall would be developed by The Rouse Company and The Howard Hughes Corporation.[5] [6]

As of May 1998, the mall was expected to open in spring 2001. The planned Summerlin Town Center project would include the proposed mall as well as office space. Anchor tenants would include Robinsons-May, Lord & Taylor, and Dillard's, while Nordstrom would be a potential anchor tenant.[7] In May 1999, Rouse announced Sears as an additional anchor tenant. The mall, known then as Summerlin Center,[8] was scheduled to open in 2004.[9] [10] As of 2001, the Summerlin Town Center Mall was scheduled for completion in spring 2005.[11]

As of 2003, the mall was being planned as part of the proposed Summerlin Town Centre. Rouse intended to begin developing the project in 2004, following the completion of an expansion at the Fashion Show Mall. Construction was not scheduled to begin until at least early 2005, with a first phase expected to open in 2006.[12] By 2004, the mall was scheduled to open in 2006 or 2007.[13] Later in 2004, General Growth Properties (GGP) purchased The Rouse Company and its Howard Hughes subsidiary. The acquisition was a primary reason that the mall's opening was delayed to 2008.

In May 2005, GGP announced that the mall would be named Summerlin Centre. It would be an outdoor mall with up to six anchor tenants.[14] As of October 2005, the mall project was known as The Shops at Summerlin Centre.[15] In May 2006, GGP announced that the mall would feature 1200000square feet, including four anchor stores. It would be part of the Summerlin Centre project, which GGP planned to begin constructing in spring 2007, for a scheduled grand opening in fall 2008.[16] [17] [18] Nordstrom was announced as an anchor tenant in March 2007.[19] At the time, GGP was in the early stages of planning the mall. The first phase of The Shops at Summerlin Centre was planned to open in 2009.[3] [20] GGP intended for the project to serve as the heart of Summerlin.[21]

Construction

Work began on the site in April 2007. By February 2008, construction was ongoing for the mall's underground parking.[22] A construction permit for the mall was issued in April 2008.[23] The following month, Macy's and Dillard's were announced as additional anchor tenants in the mall. Upon its planned opening in October 2009, the mall was expected to feature 100 stores and 10 restaurants.[24]

In August 2008, GGP announced that it would suspend construction of The Shops at Summerlin Centre due to financial problems. The company intended to delay the project by at least 12 months.[25] If GGP had proceeded with the 2009 opening, the mall would be about 70 percent occupied, approximately 23 percent lower than the company's usual mall occupancy rates.[26] Construction was suspended on October 31, 2008. The project was 40 percent completed, and consisted of an unfinished steel superstructure.[27] Prior to the 2008 financial crisis, the project had been valued at $220 million. GGP filed for bankruptcy in 2009.

In December 2009, three construction companies involved in the mall project took legal action against GGP to receive compensation for the work that was done on the unfinished project, which was no longer under construction. One construction company also stated that the steel superstructure was deteriorating in value because of its exposure to environmental elements, raising the possibility that it may need to be demolished and rebuilt if the project should resume.[28] GGP consulted with engineers to preserve the project's structural integrity.[23] In February 2010, GGP settled with the construction companies.[29]

Howard Hughes Corporation took over the project in 2010.[30] In September 2012, Howard Hughes Corporation announced that construction would resume on the Shops at Summerlin, with Macy's still intended as an anchor tenant and an opening scheduled for fall 2014.[31] Howard Hughes CEO David Weinreb criticized GGP for not finishing the project as originally scheduled.[32] Tom Warden, senior vice president for Howard Hughes Corporation, later said that the project's delay turned out to be for the better "in the sense that the design now is more evolved." Initially, the project was designed with a single linear street design, before being changed to two streets. Other changes included a marketplace added at the southern end, and freestanding restaurants that surround a courtyard.[33]

Construction resumed in July 2013.[30] [34] Nordstrom Rack was announced as a tenant in September 2013.[35] Bath & Body Works, Michael Kors, Old Navy, Sephora, True Religion, Ulta Beauty, and Victoria's Secret were announced as tenants in January 2014.[36] [37] The Shops at Summerlin project was expected to cost $391 million.[38] As of March 2014, Howard Hughes Corporation had spent $181 million on developing the project.[39] In May 2014, the company announced that the mall would open on October 9, 2014, as Downtown Summerlin rather than The Shops at Summerlin.[40] [41] The mall occupies 106acres, part of the greater Downtown Summerlin area, which has a total of 400acres. In July 2014, Howard Hughes Corporation secured a $312 million loan to finance the mall project,[39] which had more than 2,000 construction workers.[42] The Downtown Summerlin mall was one of the biggest retail projects under construction in the United States, only ranking behind the American Dream Meadowlands mall in New Jersey.[30]

Operation

Downtown Summerlin includes a five-screen Regal Cinemas movie theater, which opened on October 5, 2014, and hosted discounted screenings for the next several days to benefit charity ahead of the official grand opening four days later.[30] [43] [44] The mall portion opened as scheduled on October 9, 2014, with 85 of its 125 stores ready for business.[45] Additional stores were scheduled to open in the coming months.[46] The shopping, dining, and entertainment center contains a total of . The opening night included a fireworks and light show, and a four-day street festival was held to celebrate the opening.[47] [48] Nevada governor Brian Sandoval kicked off the street party.

Thousands of people visited Downtown Summerlin on its opening day, causing issues with traffic and parking.[49] More than 250,000 people visited Downtown Summerlin during its grand opening weekend.[46] The center has 6,400 parking spaces,[50] as well as tree-lined streets and walkways. The area includes approximately 400 palm trees.[42] Downtown Summerlin had 111 announced tenants at the time of its opening,[30] employing a total of 2,000 people.[51] Dillard's opening was celebrated with six fashion shows.[52] The mall included 32 planned restaurants at the time of its opening, although many of them were not ready for the opening day. Instead, food trucks provided services.[53] Nordstrom Rack held its grand opening on October 24, 2014.[54]

More than one million customers had visited Downtown Summerlin as of November 2014, and many retailers were surpassing expectations.[55] Executives in the local commercial real estate market believed that Downtown Summerlin would help the local economy grow.[56] In November 2014, Howard Hughes Corporation opened an ice rink on vacant land near the mall's north parking garage.[57] The site was originally intended for future development as a third department store. The land was subsequently made into a park,[58] although the ice rink continues to return each year around Christmas time.[59] [60] The Summerlin Festival of Arts began holding its art festival event at Downtown Summerlin in 2015,[61] [62] and has continued to do so each year.[63] [64] [65]

Major tenants

Fashion retailers and new dining options were a primary focus for the mall upon its opening.[66] [67] Downtown Summerlin is home to the following major retailers:

Trader Joe's was the most frequently requested tenant from people in the years leading up to the mall's opening.[69] Other tenants include various restaurants,[70] [71] such as Lazy Dog Restaurant & Bar,[72] [73] the Wolfgang Puck Bar & Grill,[74] [75] and the school-themed Public School 702 restaurant.[76] Relentless Church held religious services inside the Regal Cinemas movie theater in December 2014.[77] The One Summerlin office tower is located within the shopping center, and has retailers on its ground floor.[78]

See also

Notes and References

  1. News: Hogan . Jan . Student-created app to guide shoppers around Downtown Summerlin . December 19, 2019 . Las Vegas Review-Journal . May 19, 2015.
  2. Web site: 2020-08-26. What's Open At DTS?. 2021-04-18. Summerlin. en-US.
  3. Web site: Robison . Jennifer . Sky's the limit for shopping . Las Vegas Review-Journal . August 9, 2019 . March 25, 2007 . subscription . February 9, 2019 . https://web.archive.org/web/20190209232400/http://nl.newsbank.com/sites/lvrb/ . dead .
  4. News: Bell . Pauline . Several malls in LV's future . Las Vegas Sun . February 20, 1996 . August 14, 2019.
  5. News: New regional mall set for Summerlin area . Las Vegas Sun . March 21, 1997 . August 14, 2019.
  6. News: Caruso . Monica . Officials tight-lipped about Summerlin mall . Las Vegas Review-Journal . March 22, 1997 . https://web.archive.org/web/19970719080919/http://www.lvrj.com/lvrj_home/1997/Mar-22-Sat-1997/business/5077248.html . July 19, 1997.
  7. News: Caruso . Monica . Ad offers peek at Summerlin mall . Las Vegas Review-Journal . May 1, 1998 . https://web.archive.org/web/19990823151128/http://www.lvrj.com/lvrj_home/1998/May-01-Fri-1998/business/7419158.html . August 23, 1999.
  8. News: Caruso . Monica . Rouse Co. unveils retail plans . Las Vegas Review-Journal . May 27, 1999 . https://web.archive.org/web/19991007224801/http://lvrj.com/lvrj_home/1999/May-27-Thu-1999/business/11258750.html . October 7, 1999.
  9. News: Sears to anchor new LV mall . Las Vegas Sun . May 27, 1999 . August 14, 2019.
  10. News: Van Epp . Dan . Summerlin Centre to have something for all . Summerlin View . October 16, 1999 . https://web.archive.org/web/20021113063141/http://www.viewnews.com/1999/VIEW-Oct-16-Sat-1999/NWest/12131785.html . November 13, 2002.
  11. News: Rouse properties in development . Las Vegas Review-Journal . May 20, 2001 . https://web.archive.org/web/20050330123112/http://www.reviewjournal.com/lvrj_home/2001/May-20-Sun-2001/business/16105273.html . March 30, 2005.
  12. News: Jones . Chris . Las Vegas still atop Rouse agenda: Work on Summerlin Centre to follow completion of Fashion Show expansion . Las Vegas Review-Journal . December 4, 2003 . https://web.archive.org/web/20041106135707/http://www.reviewjournal.com/lvrj_home/2003/Dec-04-Thu-2003/business/22717060.html . November 6, 2004.
  13. News: Shubinski . Jennifer . Analysts skeptical of plan to buy Rouse Co. . Las Vegas Sun . August 24, 2004 . August 9, 2019.
  14. Web site: Carroll . Laura . Developer prepares Summerlin mall . Las Vegas Business Press . June 3, 2005 . https://web.archive.org/web/20090422162406/http://www.lvbusinesspress.com/articles/2005/06/03/news/news04.txt . April 22, 2009.
  15. Web site: Robison . Jennifer . Summerlin has a long way to go: Projects planned for 7,000 acres left in community . Las Vegas Review-Journal . October 29, 2005 . https://web.archive.org/web/20060105173514/http://www.reviewjournal.com/lvrj_home/2005/Oct-29-Sat-2005/news/4044167.html . January 5, 2006.
  16. News: Retail, office, homes to mix; Summerlin Centre plans include new Red Rock Casino . Summerlin View . June 9, 2006 . https://web.archive.org/web/20061023095753/http://viewnews.com/2006/VIEW-Jun-09-Fri-2006/Summerlin/7813909.html . October 23, 2006.
  17. News: General Growth unveils Summerlin Centre plans . Las Vegas Business Press . August 9, 2019 . May 23, 2006 . subscription . NewsLibrary.
  18. News: Summerlin Centre plans call for a grand plaza and paseo . Las Vegas Business Press . August 9, 2019 . May 30, 2006 . subscription . NewsLibrary.
  19. News: Spillman . Benjamin . Nordstrom planning to open store in Summerlin in 2009 . Las Vegas Review-Journal . March 22, 2007 . https://web.archive.org/web/20080804051642/http://www.reviewjournal.com/lvrj_home/2007/Mar-22-Thu-2007/business/13321962.html . August 4, 2008.
  20. News: Stutz . Howard . Boyd Gaming counting on partner for guidance on Echelon retail phase . Las Vegas Review-Journal . May 20, 2007 . https://web.archive.org/web/20070523081730/http://www.lvrj.com/business/7598257.html . May 23, 2007.
  21. Web site: Summerlin Centre envisioned as community hub, Large-scale, mixed-use project to be fully developed by 2009 . Summerlin View . August 14, 2019 . September 11, 2007 . subscription . NewsLibrary.
  22. News: Hogan . Jan . Mixed-use project said to be running on track . Summerlin View . February 19, 2008 . https://web.archive.org/web/20080624075130/http://www.viewnews.com/2008/VIEW-Feb-19-Tue-2008/Summerlin/19753270.html . June 24, 2008.
  23. News: Coolican . J. Patrick . Unfinished Summerlin mall a monument to recession . Las Vegas Sun . January 11, 2010 . August 14, 2019.
  24. News: Macy's, Dillard's plan stores at new mall . August 9, 2019 . Las Vegas Review-Journal . May 15, 2008.
  25. News: General Growth faces financial shortfall . August 9, 2019 . Las Vegas Review-Journal . August 9, 2008.
  26. News: Spillman . Benjamin . Summerlin Centre mall to be delayed by one year . Las Vegas Review-Journal . August 6, 2008 . August 14, 2019.
  27. Web site: Shops at Summerlin Centre beams a reminder of financial boom days . Summerlin South View . August 14, 2019 . February 22, 2011 . subscription . NewsLibrary.
  28. News: Green . Steve . Companies seek payment for work on stalled Summerlin project . Las Vegas Sun . December 30, 2009 . August 14, 2019.
  29. News: Green . Steve . Summerlin developer, companies reach settlements over unfinished mall . Las Vegas Sun . February 18, 2010 . August 14, 2019.
  30. News: Robison . Jennifer . Las Vegas economy on a roll as Downtown Summerlin opens . August 9, 2019 . Las Vegas Review-Journal . October 5, 2014.
  31. News: Segall . Eli . Developer says Shops at Summerlin retail center back on track with first anchor tenant . August 9, 2019 . VegasInc . September 19, 2012.
  32. News: Segall . Eli . Developer bashes predecessor for not finishing Summerlin mall . December 19, 2019 . VegasInc . March 13, 2014.
  33. News: Hogan . Jan . Progress unveiled: Downtown Summerlin project on track for Oct. 9 opening . December 12, 2019 . Las Vegas Review-Journal . June 3, 2014.
  34. Web site: ICSC - Application . 2019-01-15 . https://web.archive.org/web/20191016092744/https://icsc.secure-platform.com/a/gallery/rounds/1/details/84 . 2019-10-16 . dead .
  35. News: Carroll . Laura . Nordstrom Inc. plans 36,000-square-foot Nordstrom Rack at The Shops at Summerlin . December 12, 2019 . Las Vegas Review-Journal . September 17, 2013.
  36. News: Michael Kors, True Religion, Sephora join Shops at Summerlin . October 30, 2019 . Las Vegas Review-Journal . January 28, 2014.
  37. News: The Shops at Summerlin adds national retailers . October 30, 2019 . Las Vegas Review-Journal . January 31, 2014.
  38. News: Segall . Eli . Developer awaiting $312 million loan for Shops at Summerlin . December 20, 2019 . VegasInc . February 27, 2014.
  39. News: Segall . Eli . Developer secures $312 million loan for Summerlin mall, office project . December 20, 2019 . Las Vegas Sun . July 16, 2014.
  40. News: Friedman . Ann . Howard Hughes Corp. announces Oct. 9 opening for Downtown Summerlin . October 30, 2019 . Las Vegas Review-Journal . May 15, 2014.
  41. News: Segall . Eli . Developer announces opening date, new name for Summerlin mall . October 30, 2019 . VegasInc . May 15, 2014.
  42. News: Jaffe . Herb . Downtown Summerlin could set standard for mixed-use projects in US . December 20, 2019 . Las Vegas Review-Journal . August 16, 2014.
  43. News: New Regal Cinemas offers customers royal treatment . December 13, 2019 . Las Vegas Review-Journal . October 3, 2014 . subscription . February 9, 2019 . https://web.archive.org/web/20190209232400/http://nl.newsbank.com/sites/lvrb/ . dead .
  44. News: Lawrence . Christopher . Downtown Summerlin theater provides ultimate moviegoer experience . December 13, 2019 . Las Vegas Review-Journal . October 9, 2014.
  45. Web site: Downtown Summerlin opens: Live, work, shop, eat and party there . Las Vegas Sun . December 19, 2019 . October 9, 2014 . subscription . NewsLibrary.
  46. News: Downtown Summerlin announces new stores, eateries . December 19, 2019 . Las Vegas Review-Journal . November 22, 2014.
  47. News: Radke . Brock . Five reasons to check out Downtown Summerlin . December 19, 2019 . Las Vegas Weekly . October 8, 2014.
  48. News: Segall . Eli . Summerlin mall, stalled amid the recession, polishes for opening Thursday . December 19, 2019 . VegasInc . October 7, 2014.
  49. News: Jaffe . Herb . Those dismayed by parking woes owe Downtown Summerlin second chance . December 19, 2019 . Las Vegas Review-Journal . December 5, 2014.
  50. News: Robison . Jennifer . After years on simmer, Downtown Summerlin sizzles . December 13, 2019 . Las Vegas Review-Journal . October 9, 2014.
  51. News: Stutz . Howard . Culinary rally coincides with opening of Downtown Summerlin . December 19, 2019 . Las Vegas Review-Journal . October 7, 2014.
  52. News: Big brands, big names highlight Dillard's grand opening at Downtown Summerlin . December 19, 2019 . Las Vegas Review-Journal . October 3, 2014 . Dillard's in Downtown Summerlin will celebrate its grand opening this week with six fashion shows, celebrity appearances and prizes. . February 9, 2019 . https://web.archive.org/web/20190209232400/http://nl.newsbank.com/sites/lvrb/ . dead .
  53. News: Robison . Jennifer . Downtown Summerlin ready – almost – for center stage . December 19, 2019 . Las Vegas Review-Journal . October 8, 2014.
  54. News: Robison . Jennifer . Downtown Summerlin to add upscale housing . December 20, 2019 . Las Vegas Review-Journal . November 2, 2014.
  55. News: Friedman . Ann . Many Downtown Summerlin retailers top expectations . December 19, 2019 . Las Vegas Review-Journal . November 18, 2014.
  56. News: Downtown Summerlin can help create growth for economy . December 19, 2019 . Las Vegas Review-Journal . October 13, 2014.
  57. News: Taloma . Cassandra . Downtown Summerlin's cool spot: Rock Rink . December 20, 2019 . Las Vegas Review-Journal . November 30, 2014.
  58. News: Hogan . Jan . More stores, restaurants on Downtown Summerlin's horizon . December 20, 2019 . Las Vegas Review-Journal . September 3, 2015.
  59. News: Kostek . Jackie . Local families start new Christmas tradition at ice rink in Downtown Summerlin . December 20, 2019 . KTNV . December 24, 2018.
  60. News: Lilly . Caitlin . Downtown Summerlin kicks off holiday season with arrival of Santa, debut of holiday parade . December 20, 2019 . KVVU . November 15, 2019.
  61. News: Lyle . Michael . Summerlin arts festival moves to new site, enlists top local entertainers . December 20, 2019 . Las Vegas Review-Journal . October 10, 2015.
  62. News: Hogan . Jan . Art festival to draw creative community to Downtown Summerlin . December 20, 2019 . Las Vegas Review-Journal . October 7, 2015.
  63. News: Cling . Carol . Downtown Summerlin expands audience for this weekend's arts festival . December 20, 2019 . Las Vegas Review-Journal . October 7, 2016.
  64. News: Artisans unite at Summerlin arts festival . December 20, 2019 . Las Vegas Review-Journal . October 14, 2017.
  65. News: Festival of Arts decorates Downtown Summerlin in Las Vegas . December 20, 2019 . Las Vegas Review-Journal . October 13, 2018.
  66. News: Celebrity chefs, new eateries drawn to area . December 13, 2019 . Las Vegas Review-Journal . October 3, 2014 . subscription . February 9, 2019 . https://web.archive.org/web/20190209232400/http://nl.newsbank.com/sites/lvrb/ . dead .
  67. News: Fashion is the focus at Downtown Summerlin . December 13, 2019 . Las Vegas Review-Journal . October 3, 2014 . subscription . February 9, 2019 . https://web.archive.org/web/20190209232400/http://nl.newsbank.com/sites/lvrb/ . dead .
  68. News: Robison . Jennifer . Crate & Barrel plans store at Downtown Summerlin . December 20, 2019 . Las Vegas Review-Journal . March 31, 2016.
  69. News: Morrison . Jane Ann . Don't look for a City Hall in Downtown Summerlin . December 19, 2019 . Las Vegas Review-Journal . October 8, 2014.
  70. News: Hogan . Jan . Downtown Summerlin announces latest stores, restaurants to join lineup . December 19, 2019 . Las Vegas Review-Journal . September 29, 2014.
  71. News: Knapp Rinella . Heidi . Here are some restaurants to check out at Downtown Summerlin . December 13, 2019 . Las Vegas Review-Journal . October 7, 2014.
  72. News: Lazy Dog settling in Summerlin . December 13, 2019 . Las Vegas Review-Journal . September 8, 2014.
  73. News: Hogan . Jan . Fido-friendly eatery looks to fetch fans to Downtown Summerlin . December 19, 2019 . Las Vegas Review-Journal . May 24, 2015.
  74. News: Knapp Rinella . Heidi . Dining Out: Wolfgang Puck Bar & Grill . December 13, 2019 . Las Vegas Review-Journal . November 12, 2014.
  75. News: Radke . Brock . Wolfgang Puck cozies up to Downtown Summerlin . December 13, 2019 . Las Vegas Weekly . January 7, 2015.
  76. News: Hogan . Jan . Gastropub Public School 702 aims to be class act at Downtown Summerlin . December 20, 2019 . Las Vegas Review-Journal . July 3, 2015.
  77. News: Hogan . Jan . New church sets up shop in Downtown Summerlin movie theater . December 19, 2019 . Las Vegas Review-Journal . December 31, 2014.
  78. News: Segall . Eli . Shops at Summerlin signs its first office tenant . December 20, 2019 . VegasInc . May 13, 2014.

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