“You get a big anchor tenant like a hospital, and then maybe you bring in a long-term care facility or something that shortens the supply chain of that hospital or creates referrals,” Farrow said. These mixed-use medical districts are becoming more common because hospitals and health care companies want amenities to offer their employees and to be near other companies that they refer patients to, said Vance Farrow, health care industry specialist at the Governor’s Office of Economic Development.
There’s also an ambitious plan to expand the Las Vegas Medical District to 684-acres, which comprises University Medical Center and the soon-to-be completed Kirk Kerkorian School of Medicine at UNLV. In August, the Las Vegas City Council voted to enter into talks to redevelop the 50-acre Cashman Center into a medical campus. Helios is not the only medical campus popping up in Southern Nevada. Sansone said it plans to have some of the construction on its retail and office buildings complete in 2024. It hopes to identify a hospital partner next year as well as additional businesses for the other properties. Helios will be anchored by a hospital with more than 600 beds, though Sansone said the company is still looking for a partner to occupy the space. Sansone said the company wants to see gyms, banks, child care facilities and other community resources at the site as well. The project also includes 1.3 million square feet of medical office space, 900,000 square feet of research and development space, 250,000 square feet of retail space as well as restaurant space and a 290-room hotel.
Pacific Group noted that 30 acres will be set aside for hospital development and 20 acres for a grocery store, while 50 acres are up for sale. Once complete, it would add more than 10,000 jobs for North Las Vegas and $3.2 billion annually to the economy from both output and labor, according to Sansone. Pacific Group Chief Financial Officer Tony Sansone said Helios will take an estimated 10 years to build out with construction costs estimated to be nearly $5 billion. The city began taking bids in May 2021 and sold the land to Salt Lake City-based developer Pacific Group earlier this year for nearly $37 million. It’s been a priority for the city of North Las Vegas to jump-start development on the 135-acre site, land it received through an act of Congress in 2014.
HELIOS APARTMENTS SEATTLE DRIVER
We are an economic driver in this valley, and we’re going to continue that for the next 20 years.” “But we are no longer a bedroom community. “This obviously could have been houses and apartments, we would have been continuing to be a bedroom community,” Lee said. Mayor John Lee said the development would be transformative for the city’s reputation of just having houses. The massive project is located at the corner of North Pecos Road and Rome Boulevard, across the street from the VA Medical Center. The mixed-use medical campus, Helios, will put a hospital, research space, office buildings and retail into one area that officials say can help the community and the economy of North Las Vegas. Officials broke out the ceremonial shovels Tuesday morning at a groundbreaking for a 135-acre medical campus in North Las Vegas - a project expected to bring in thousands of jobs and billions of dollars in the next decade. Walking or biking may be the best option for the building’s very first residents, as traffic on Cheshire Bridge Road is pretty horrendous since the I-85 bridge collapse forced the road into service as the main detour around the gap.The site of the future Helios Health and Wellness Campus in North Las Vegas is seen during a groundbreaking ceremony, Tuesday, Oct. Snuggled between Midtown and Buckhead (and basically underneath the I-85 overpass) the building is located alongside the Cheshire Farm Trail, which snakes beneath the interstate. The amenity-packed building includes spaces like an entertainment cafe with “immersive media and gaming,” a rooftop terrace with skyline views, a saltwater pool, and a two-story fitness complex. Slated to open later this spring, Helios features one- and two-bedroom floorplans with prices climbing to more than $2,100 per month. South of the Helios project, Accent is building two developments with more than 450 apartment units The building represents the broader, changing landscape of Cheshire Bridge.Ī corridor once known pretty much exclusively for strip clubs and head shops, the road is quickly transforming with new high-end rentals that are wiping clean the less-wholesome vestiges. The five-story apartment development by Bluerock Residential was billed as a “condominium quality” project when first unveiled back in 2015 by Bisnow. Where Cheshire Bridge Road passes under Interstate 85, a new high-end residential project- Helios Apartments-is making the final push before opening.
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