Plan amendment
Bounded by Owens Avenue (N), Nellis Boulevard (E), Charleston Boulevard (S), 21st Street (W), 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
2026-08-19
Jurisdiction
Las Vegas, NV
Days on record
10 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 (TIF), public subsidies, and streamlined entitlements across this entire district
- A direct signal that the city is open for business on assemblage, rehab, and ground-up deals inside the boundary.
- On the municipal record 10 days (filed 2026-08-19)
02Deal summary
The rationale
Adoption of a redevelopment plan unlocks tax increment financing (TIF), public subsidies, and streamlined entitlements across this entire district — a direct signal that the city is open for business on assemblage, rehab, and ground-up deals inside the boundary.
Las Vegas City Council is considering adoption of a formal redevelopment plan for Redevelopment Area 3, a noncontiguous multi-parcel district in central/east Las Vegas 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
- City of Las Vegas (Sponsored by Councilwoman Olivia Díaz)
- Status
- On municipal record
- Filed
- 2026-08-19
- Days on record
- 10 days
04Location
Where this sits
Bounded by Owens Avenue (N), Nellis Boulevard (E), Charleston Boulevard (S), 21st Street (W), 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 jurisdiction2026-08-1910 days on record
- Scored by BedrockRelevance 5 / 5Automated land-use signal
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