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AREA15 expansion reaches 60% pre-lease milestone

Rendering of expanded AREA15 district. Image courtesy of AREA15.

AREA15, the immersive and experiential entertainment district, announces the new 20-acre expansion has reached a key milestone with 60% of the retail space now pre-leased. With its first tenant slated to open later this year, the expansion will double the footprint of the existing campus.

The expanded district introduces a mix of experiential entertainment, immersive art exhibits and innovative dining and retail concepts, including:

The expanded district’s food and beverage lineup will include Chilango’s Tacos, known for its al pastor and birria tacos as well as carne asada quesadillas, and Saint Honoré Doughnuts & Beignets, offering their viral hand-decorated doughnuts, flavorful coffees and authentic French Quarter-style beignets.

The expansion of the AREA15 District has been propelled by a $161 million construction financing package orchestrated by Fisher Brothers, the real estate developer behind the AREA15 expansion. This significant financial infusion includes $108 million in C-PACE financing from North Bridge and an additional $53 million from ACORE CAPITAL, supporting the construction of new buildings across more than 300,000 leasable square feet.

“The caliber of tenants joining us illustrates the scope and scale of the transformative vision we’re pioneering in Las Vegas,” said Winston Fisher, partner at Fisher Brothers and chief executive officer of AREA15. “These concepts represent just the beginning as we continue to partner with visionary brands to shape an unparalleled destination for exploration and immersive entertainment.”

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