Assemblage for Sale in 1100 S. Main St., Las Vegas, Nevada, USA

Las Vegas"Strip"Property

We are presenting a unique project site on the Las Vegas Strip next to the MGM/Dubai/Kerzner future hotel & casino and the Stratosphere Hotel & Casino recently acquired by Goldman Sachs! Please visit for more details on this opportunity. Project Neon Lights is one of the most unique real estate assemblages in history containing approximately 56 net acres in the heart of the City of Las Vegas and is being offered 50% below January 2007 appraised value. The site had achieved zoning for a mixed use development including gaming, retail, condo, hotel and a 22,000 seat events arena. This property has +/-17 acres of City-owned streets and alleyways which previously had been vacated at no additional expense to the buyer and presented a +/-73 gross acre development site with a blended price of $8.3M per acre. These past entitlements still exist today and have the potential to be negotiated with the sale of this project. Additionally, our site is located in a City redevelopment area and had obtained an approximate $600 Million Tax Increment Financing (TIF) package based on the tax revenue of the future development which was previously approved by the City.