Retail Centers

Outside Las Vegas, two unused office buildings will be turned into an open-air retail development

May 3, 2024
2 min read

In Henderson, Nev., a city roughly 15 miles southeast of Las Vegas, 100,000 sf of unused office space will be turned into an open-air retail development called The Cliff. The $30 million adaptive reuse development will convert the site’s two office buildings into a destination for retail stores, chef-driven restaurants, and community entertainment.

CAST and Partners Capital, Inc. recently announced they have finalized design plans for the upcoming mixed-use project. Located in the Green Valley Ranch community, the retail center is designed by AO.

At the center of the food-driven development will be a 26,000-sf covered outdoor dining lounge, where patrons will have both casual and fine-dining restaurant options. Most of the 25 retail stores, which will range in size from 1,800 sf to 17,000 sf, will open up to the covered outdoor dining lounge and a central bar. Retail will include boutique shops and health and wellness spaces. 

“Las Vegas is in the midst of a culinary renaissance, and The Cliff has been designed specifically to be an extraordinary gathering place offering next-level food culture and bespoke retail uses for the local community,” Mark Blumenthal, Partners Capital principal, said in a statement.

Expected tenants will include both national and local retail brands as well as new-to-market dining options and rotating culinary kiosks in a dedicated community space. The Cliff also will offer community programming such as holiday pop-ups, family-focused events, farmers’ and makers’ markets, and artist collaborations. 

Other elements include landscaped communal meeting spaces, a live performance area, and fire pits. In addition, the owners have received approval of a tavern gaming license that would allow slot machines and small games of chance at one or more of the center’s pubs.

Pending final approval from the city, construction is expected to begin in October, with occupancy in the second quarter of 2025. The Partners Capital-led joint venture purchased the property off market in August 2023 for $17.25 million. 

More than 300,000 people live and work within a three-mile radius of the property, according to CAST. After Las Vegas, Henderson is the state’s second largest city. 

 

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