THE LAS VEGAS RENAISSANCE, A 700,000
SQUARE FOOT INDOOR SHOPPING MALL IS
BEING DEVELOPED TO OPEN IN 2015

Developers of the Tivoli Village
shopping center in Western Las Vegas
announced plans to build a massive
indoor mall across the street.

The project's cost is estimated at
350 million and is due to be completed
in 2015.

Serving the affluent Northwest Las Vegas
area, including Summerlin, Renaissance
is part of a plan of developers to link
four shopping centers totaling more than
3 million square feet.

The properties all on Rampart Blvd. north
of Charleston Blvd. are Boca Park, Renaissance
and Tivoli Village, phases one and two.

The local commercial real estate market is
still struggling but the developers are
expecting growth in demand for retail space
over the next few years and are positioning
the Renaissance 2015 opening to coincide
with the increased demand.

A spokesman said, "our long term view of Las
Vegas is very bullish." Our goal is bringing
on the right amount of space at the right
time."

Plans call for Renaissance to blend with
Tivoli Village's Italian aesthetic, with
a link to allow visitors to go back and
forth between the properties.

The two developments will complement each
other while maintaining distinct identities,
with Tivoli Village's open-air concept
appealing to different customers than the
Renaissance enclosed mall area.

"The plan is to create the retail, restaurant
and office hub for the entire part of western
Las Vegas."

The Renaissance would be inspired by the
world's FIRST enclosed mall, The Galleria
Vittorio Emanuele in Milan, Italy.

It will feature arched glass ceilings over
pedestrian walkways, and massive glass domes
throughout. The building's exterior and store
facades will feature renaissance style that
incorporates old-world architectural elements.

The anchor tenants will be well known national
department stores.