The Curve, a master-planned suburban Las Vegas village, which will include 109,000 square feet of retail and restaurant space and over 60,000 square feet of loft office space above the retail, has announced it is now leasing phase one retail and restaurant space to national, regional and local boutique and chain tenants.
The 47.5-acre suburban village is located in southwest Las Vegas, inside the I-215/Beltway curve between Durango Drive and Sunset Road. It will feature high-rise living, shopping, a restaurant row and loft office space.
Phase one, currently in development, includes the first 17.5 acres with two 18-story high-rise luxury condominium towers, 12 buildings with 109,653 square feet of retail/restaurant space and 61,201 square feet of commercial loft office space. Construction on the $300 million first phase of the suburban village is set to begin in early 2006.
“The Curve is a prime location for retail and restaurants to locate,” said Curve Development Co. president Edward Kile. “Not only is Southwest of Las Vegas underserved, it is the fastest-growing area of the fastest growing metropolitan area in the United States.”
The Curve’s demographic summary of Southwest Las Vegas says there’s a current submarket population of 108,000, which will double by 2010. Current median income is $66,984, with 31 percent of residents between ages 25 and 35.