Tuesday, December 14, 2010

Zappos, Lady Luck and City Hall - Downtown 2012

Many people will be looking forward to the year 2012 in downtown Las Vegas. Three new developments opening around the same time are expected to spark an economic boom of sorts near Fremont Street.

A new City Hall is being built, which should be done by 2012.

The old City Hall building will then be occupied by online retailer Zappos.com, which has agreed to lease the property for at least 10 years. The Zappos move will bring 1000 employees to the area.

Around the same time as the City Hall switch, Lady Luck should be re-opening. The owners held a press conference this week re-affirming plans to remodel and open the property in 2012 under a different name.

It's nice to see some good news for downtown, even though it's over a year away. I had my doubts about Lady Luck, but the City Hall and Zappos development makes the whole area more attractive, which should give the Lady Luck owners some incentive to open the property.