Harmon and Las Vegas Blvd, Las Vegas, NV - 63 SLVB, LLC
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Harmon and Las Vegas Blvd, Las Vegas, NV
63 SLVB, LLC
CONTENTS
1 PROJECT SUMMARY
Preliminary Project Summary
2 SITE
Location & Site Overviews
3 EXISTING CONDITIONS
Birdseye View
4 LEVELS
Level S: Street Retail
Level 1: Bridge Retail
Level 2: Upper Retail
Level 3: Restaurant
5 RENDERINGS
Eyelevel
Birdseye
Perspective
Bridge & Street View
6 VIEW COMPARISON
Existing & Proposed Bridge
7 MARKET SUMMARY
Las Vegas Market Summary & Statistics
8 DEVELOPER PROFILE
Flag Luxury & Brett Torino
63 SLVB, LLC 2
3
63 SLVB, LLC
LOCATION OVERVIEW
SITE
SITE SITE OVERVIEW
63 SLVB, LLC 4
EXISTING CONDITIONS BIRDSEYE VIEW
63 SLVB, LLC 5
LEVELS LEVEL S: STREET RETAIL
LEVEL S: STREET RETAIL
1
SUITE
102
13,900 SF
10' - 0
UP
"
UP
SUITE
UP 101
26,290 SF
T
1
63 SLVB, LLC 6
LEVELS LEVEL 1: BRIDGE RETAIL
LEVEL 1: BRIDGE RETAIL
SUITE
207
4,915 SF
SUITE
206
4,950 SF
SUITE
205
5,035 SF
SUITE
204
4,975 SF
SUITE
208 SUITE
SUITE 209
400 SF
203
14,605 SF
5,250 SF
SUITE
202
5,210 SF
SUITE
201
4,750 SF
63 SLVB, LLC 7
LEVELS LEVEL 2: UPPER RETAIL
LEVEL 2: UPPER RETAIL
SUITE
307
4,915 SF
SUITE
306 4,950 SF
SUITE
305
5,035 SF
SUITE
304
4,975 SF
SUITE
303
5,250 SF
SUITE
302
5,210 SF
SUITE
301
4,750 SF
63 SLVB, LLC 8
LEVELS LEVEL 3: RESTAURANT LEVEL
LEVEL 3: RESTAURANT LEVEL
SUITE
401
10,850 SF
63 SLVB, LLC 9
LEVELS BASEMENT
LEVEL 0: BASEMENT
STORAGE
S05
14,113 SF
STORAGE
S04
5,222 SF
STORAGE STORAGE
S04
2,849 SF
S06
5,932 SF
63 SLVB, LLC 10RENDERINGS BIRDSEYE VIEW
63 SLVB, LLC 11RENDERINGS PERSPECTIVE VIEW
63 SLVB, LLC 12RENDERINGS STREET VIEW
63 SLVB, LLC 13RENDERINGS BRIDGE RETAIL VIEW
63 SLVB, LLC 14RENDERINGS BRIDGE RETAIL VIEW
63 SLVB, LLC 15RENDERINGS BRIDGE RETAIL VIEW
63 SLVB, LLC 16RENDERINGS BRIDGE RETAIL VIEW
63 SLVB, LLC 17RENDERINGS EXISTING & PROPOSED BRIDGE
EXISTING BRIDGE VIEW PROPOSED BRIDGE VIEW
63 SLVB, LLC 18MARKET SUMMARY LAS VEGAS MARKET SUMMARY & STATISTICS
2.2M
PEOPLE
980K
EMPLOYEES
56K
EMPLOYERS
VISITORS VOLUME
2017
42.2M
2018
42.1M
2019
42.5M
2020
19M
GAMING REVENUE $11.5B $11.9B $12.03B $6.54B
LAS VEGAS AREA OVERVIEW ROOM OCCUPANCY 88.6% 88.2% 88.9% 42.1%
OVER 19 MILLION PEOPLE VISITED LAS VEGAS IN 2020
AVERAGE DAILY ROOM RATES $129.05 $128.85 $132.62 $120.31
Clark County is home to more than 2.3 million residents.
The city of Las Vegas sits at the heart of Clark County and is CONVENTION DELEGATES 7,259,100 6,501,800 6,700,000 1,727,200
internationally renowned as the world capital of entertainment. TOTAL EN/DEPLANED PASSENGERS 48.5M 48.5M 51.4M 22.2M
Las Vegas’ gaming, dining, shopping, and business conventions
are major attractions for national and international visitors. Las ROOM INVENTORY 147,268 149,158 149,422 143,117
Vegas has approximately 149,422 hotel rooms.
Las Vegas is on the tail end of significant long-term growth. The
T-MOBILE ARENA
region has benefited from billions of dollars of public and private 20K Seats, a multi-use indoor arena on the Las Vegas Strip
investment, large-scale infrastructure projects, new casino and opened in April 2016
venue developments, and record-breaking visitation levels. In
MSG SPHERE
addition to the recently completed expansion of the Mandalay Revolutionary new 18k seat venue for concerts, sports and live
Bay Convention Center and the planned expansion of the Las entertainment
THE LAS VEGAS RAIDERS
Relocation of the Oakland Raiders
Vegas Convention Center (Jan 2021), McCarran International
is anticipated to create a $600M+ LAS VEGAS CONVENTION CENTER EXPANSION
Airport recently underwent a $2.4 billion expansion to increase economic impact, add 450,000+ Las Vegas Convention Center is currently undergoing a $2.5B,
incremental visitors, and host 45+ 800,000 square foot expansion to absorb excess demand
the airport’s annual capacity by 11 million passengers. events annually
$1B PUBLIC WORKS PROJECTS
The T-Mobile Arena is home to the NHL Vegas Golden Knights Underway to modernize and expand Las Vegas vehicular
infrastructure
and hosts over 150 events annually, including hockey games,
concerts, boxing, UFC matches, and major award shows. The
NHL EXPANSION
T-Mobile Arena is the highest grossing arena in T-Mobile Arena hosts over 150 events per year and is the current
home of the NHL Vegas Golden Knights
the world.
RESORTS WORLD
Globally inspired cuisine & mixology, LAS VEGAS ACES
The Allegiant Arena is a 72,000 seat stadium completed in star-studded residency performances Women’s professional basketball team based in Las Vegas and
and engagements with 5k capacity part of the WNBA
August of 2020, is the home of the NFL’s Raiders, and the UNLV theatre and retail boutiques. (Est.
opening May of 2021)
Football team. The venue will also host many other world class LAS VEGAS BALLPARK
events and concerts throughout the year. Hosts this Triple-A professional baseball team in Summerlin
63 SLVB, LLC 19DEVELOPERS PROFILE FLAG LUXURY & BRETT TORINO
FLAG LUXURY
Flag Luxury is a privately held real estate development company headquartered in New PROPERTIES
York City with a primary focus on luxury hotels and residences as well as land-based Hotels & Resorts
entertainment and retail projects. Flag Luxury was formed in 1997 by Dayssi and Paul The Ritz-Carlton, NY Nomad
Kanavos, who were driven by their passion for luxury hospitality and their desire to The Ritz-Carlton, South Beach
bring a forward-thinking perspective to the industry. Our ability to identify, acquire and The Ritz-Carlton, Bal Harbour Resort & Spa Miami
build world-class projects in premier gateway city locations has established us as a The Ritz-Carlton, Coconut Grove & Residences
leading development company in our industry. The Ritz-Carlton Golf Club & Spa, Jupiter
The Shelborne, South Beach
The Flag Group of Companies, the predecessor to Flag Luxury, was founded in 1946 by The Wyndham Orlando Resort
Peter J. Kanavos Sr. The group planned and developed over $4 billion worth of assets Regent Wall Street
– including some of the first Marriott and Holiday Inn Hotels; the Intercontinental Temenos, Anguilla
Hotel, Athens; the Sheraton Hotel, Brussels; and the Trade Fair Hotel, Lagos. Today,
Retail & Entertainment
Flag Luxury – headed by Chairman and CEO Paul Kanavos – proudly carries on the
Harmon Corner Retail Center, Las Vegas
Flag legacy with imagination and discipline. Through innovative financing, strategic
Icon Park and the Wheel
partnerships and distinctive architectural execution, Flag Luxury remains at the
I-Shops, Orlando
forefront of today’s real estate industry.
Hawaiian Marketplace, Las Vegas
BRETT TORINO
Brett Torino has been an active member of the business community and For nearly 4 decades Brett has held a variety of board positions for local
philanthropic community in southern Nevada for the past 39 years. and national charitable organizations and is also the founder of the
Brett Torino Foundation. The Foundation is recognized for its excellence
Brett’s experience over the past four decades in the real estate industry has in providing summer youth programs at Torino Ranch as well as the
been in the development of master plan communities, large scale multifamily Brett Torino Foundation Classrooms and Educational Programs within
for sale and rental housing complexes, mixed unit residential and commercial children’s hospitals dedicated to children and young adults with critical
developments and trophy commercial retail and entertainment complexes illnesses and disabilities.
throughout the United States.
Brett passionately advocates for and focuses on environmentally related
Brett has developed and constructed over $1.5 billion worth of properties projects, and has spearheaded several significant initiatives within
within the Las Vegas area, and has been active developing commercial retail Southern Nevada that he has affectionately called home for the past 46
centers for nearly 3 decades on the Las Vegas Blvd, known as the “Strip”. years.
63 SLVB, LLC 20Harmon and Las Vegas Blvd, Las Vegas, NV
FRANK VOLK
Managing Principal
SRS Real Estate Partners
702.245.0909
Frank.Volk@srsre.com
63 SLVB, LLC
SRS REAL ESTATE PARTNERS
6623 Las Vegas Boulevard S, Suite 390, Las Vegas, Nevada 89119
B.0012288.LLC
This information contained herein was obtained from sources deemed to be reliable; however
SRS Real Estate Partners makes no guarantees, warranties or representations as to the
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