ML - Vegas Magazine

2012 - Issue 3 - April/May

Vegas Magazine - Niche Media - There is a place beyond the crowds, beyond the ropes, where dreams are realized and success is celebrated. You are invited.

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real estate news vegas real estate goes all in BOLD MOVES DOMINATE THE REAL ESTATE MARKET ON THE STRIP AND DOWNTOWN, WHILE HILTON WORLDWIDE REBRANDS A TIMESHARE. by tony illia and buck wargo H armon Corner picks up where the hotel left off, a unique penthouse is on the mar- ket, City Hall debuts, and Hilton retools a Planet Hollywood timeshare. Times Square meets the Strip as a $90 million retail and restaurant complex—inspired by the kinetic energy and famed wraparound sig- nage in midtown Manhattan—opens at the corner of Las Vegas Boulevard and Harmon Avenue. BPS Partners built the three-level, 110,184-square- foot Harmon Corner on 2.17 acres purchased from Clark County for $25 million cash. The triangle-shaped center, which was designed by SH Architecture, is anchored by a two-level, 28,754 square-foot, 24-hour Walgreens, and houses 16 stores and boutiques, including four restau- rants (two of which offer patio dining) haunted and a amusement attraction. The project's signature feature, though, is a $9 million video bill- board that wraps around the building's crown. The sign, 65-feet tall and 320-feet long, displays live video and 3-D images. The steel-and-glass Planet Hollywood's Robert Earl The much- anticipated Harmon Corner Jonathan Fine's penthouse at Panorama Towers One of the few penthouses in Las Vegas with a view of both the Strip and the mountains on the west side of the valley is on the market 4,900-square-foot for $3.2 million. The Panorama Towers condo owned by entrepreneur Jonathan Fine features two master bedrooms and four outdoor terraces on the 33rd floor. "There are only a handful of penthouses in the city that have a view of both Red Rock and the Strip," says Award Realty's Camille Fagan awardrealty.net). The penthouse three bedrooms, a poker room, formal dining room, and family room. Wood and exotic Brazilian stone marble, floors, and (702-376-4798; has including Italian Harmon Corner chandeliers, enhance the building. The $157 million Las Vegas City Hall made its downtown debut February. Developed by Cleveland- based Forest City Enterprises, eight-story, 308,000-square-foot steel- and-glass in the building houses public exhibit areas and 250,000 square feet of office space. Las Vegas-based JMA is the executive Manfredi Architects, architect; is technology. Elkus the design consultant. The City Hall project showcases the latest building features 33 solar trees that in sustainable- A 40,000- square-foot public plaza along Clark Street build- ing connects to CityCenter by an existing pedestrian bridge; a second bridge over Harmon Avenue will provide access along the east side of the Strip. Both pedestrian pathways will empty into a 2,400-square- foot, second level. opened Harmon Corner, which in January, tenant has moved in. 122 vegasmagazine.com expected to create more than 200 retail is jobs once every sunlit atrium on the Vegas style City Hall, double as pedestrian shade awnings. Hilton Grand Vacations has a new the name for former PH Towers Westgate timeshare on the Strip. The 1,201-unit, 52-story resort, which opened in late 2009 as the largest single vacation ownership building in world, is now known as Elara. Planet Hollywood sold the property, which has 17,000 vacation interval owners with studio, one-, the two-, bedroom suites, three- America LLC, which Worldwide and four- to Resort Finance hired Hilton (hiltongrandvacations.com) to rebrand it and provide future timeshare sales and marketing services. V photography by denise truscello/wire image (earl)

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