Plan amendment
Generally bounded by Owens Avenue (north), Nellis Boulevard (east), Charleston Boulevard (south), and 21st Street (west), Las Vegas, NV
5/ 5
Prime signal
Bedrock impact score
Action type
Plan amendment
Asset class
Multi-asset · site-wide
Status
On municipal record
Filed
2026-08-03
Jurisdiction
Las Vegas, NV
Days on record
26 days
01Investment highlights
Why this deal matters
- Plan amendment in Las Vegas, NV
- Bedrock impact score 5 of 5 — Prime signal
- Adoption of a redevelopment plan unlocks tax increment financing, eminent domain authority, and streamlined entitlements across a large east Las Vegas footprint
- A major greenlight signal for developers seeking subsidized land assembly and infrastructure support in this corridor.
- On the municipal record 26 days (filed 2026-08-03)
02Deal summary
The rationale
Adoption of a redevelopment plan unlocks tax increment financing, eminent domain authority, and streamlined entitlements across a large east Las Vegas footprint — a major greenlight signal for developers seeking subsidized land assembly and infrastructure support in this corridor.
Las Vegas is adopting a formal redevelopment plan for Redevelopment Area 3, a set of noncontiguous parcels in the east-central Las Vegas corridor bounded by Owens Ave, Nellis Blvd, Charleston Blvd, and 21st Street.
03Deal facts
The filing record
- Jurisdiction
- Las Vegas, NV
- Action type
- Plan amendment
- Asset class
- Multi-asset · site-wide
- Applicant
- Councilwoman Olivia Díaz (Sponsor)
- Status
- On municipal record
- Filed
- 2026-08-03
- Days on record
- 26 days
04Location
Where this sits
Generally bounded by Owens Avenue (north), Nellis Boulevard (east), Charleston Boulevard (south), and 21st Street (west), Las Vegas, NV
36.23350, -115.26400 · approximate (jurisdiction center)
Street view
At street level
Area demographics
Clark County
2,228,866
Population
$61,048
Median HH income
809,026
Households
$1,023
Median rent
U.S. Census · ACS 5-year
Nearby amenities
Within ~1 mile
6 Transit
17 Schools
20 Dining
1 Grocery
2 Banks
3 Parks
Points of interest · Google Places
05Record timeline
Filing to current status
- Filed with jurisdiction2026-08-0326 days on record
- Scored by BedrockRelevance 5 / 5Automated land-use signal
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