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StumbleTivoli Village to open in March 2011, announces tenants
Gary Chappell/Courtesy photo
The Tivoli Village at Queensridge project is shown earlier this month.
Monday, May 24, 2010 | 8:51 a.m.
Tivoli Village at Queensridge
Tivoli Village at Queensridge, the $850 million retail and office development in western Las Vegas, today announced a March 2011 opening date and said several tenants have signed leases.
The project initially had a fall 2009 opening date, but that was delayed by the recession.
Tivoli Village, at the corner of Rampart Boulevard and Alta Drive east of Summerlin, made the announcement today as the International Council of Shopping Centers RECon convention continued in Las Vegas.
Tivoli Village said it's leasing more than 370,000 square feet of retail, restaurant, entertainment and Class A office space.
Tivoli said it will open with 30 to 40 retailers, about eight restaurants and several fast-food restaurants.
Tenants that have committed to Tivoli Village are family activities center Kidville, Mexican restaurant Cantina Laredo, actor Joe Pesci's pizzeria Pesci's, Italian restaurant Brio Tuscan Grille, German eatery Ratskeller, specialty retailer CORSA Collections and Ritual Salon & Spa.
"The tenants who have joined us, align perfectly with our goal to create a high-quality dining, retail and office destination within our community. Our restaurants and retailers complement what exists today in what we know is an underserved market," Executive Vice President of Tivoli Village Patrick Done said in a statement. "Tivoli Village is within five miles of more than 395,000 affluent residents looking for a place to gather, eat, shop and do business, making it an incredible opportunity for residents and tenants alike."
Tivoli Village is being developed through a partnership with IDB Development Corporation, Ltd. - described as Israel's largest diversified business group with total assets of more than $30 billion - and EHB Companies.
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Meanwhile, across the street at Boca Park there is plenty of vacancies including the HUGE empty storefront that The Great Indoors left behind.
Tivoli Village to open in March 2011, announces tenants. Tivoli Village to announce bankruptcy December 2011.
This project started to late and missed the BOOM but it will not miss the BUST.
Always great to get advice from economic expert posters. Valuable information at no charge!!
I am looking forward to the opening of these new businesses.
There is no way that this development will support 40 new retailers, 8 new restaurants, and more fast food restaurants without numerous bankruptcies occuring shortly thereafter.
"Tivoli Village is within five miles of more than 395,000 affluent residents looking for a place to gather, eat, shop and do business, making it an incredible opportunity for residents and tenants alike." Interesting.....
developers dont have a clue in todays world; wait until energy costs skyrocket!
Who cares what is happening across the street? Unless it is your money, who cares what vacancies are nearby? When new projects open, the non-competitive ones suffer. So what?
When will the madness stop?
I am glad they will be opening with more restaurants and fast food places. Being a resident in the area for almost 24 years, I am tired of what is on offer here even with the 2 casinos nearby aside from the restaurants at Boca Park and Rampart Commons. I am definitely looking forward to the opening of Tivoli Village and will patronize this place once it opens. Goodluck with Tivoli Village.
The Ratskeller, like that used to be in Alpine Village? I sure hope so!
The 395,000 affluent residents could gather to shop,eat,and get their status bump, from boca at one time also.
Just another perfect example of the old saying
"build it they will come"
then followed by "the novelty has worn off"
that followed by what happened to summerlin in the last 2-3 yrs
peace out
I'm not sure opening more retail is what's needed right now. With vacancies being so high why would anyone want to add to the inventory of empty spaces? I suppose it delays the laying off of more construction workers but I don't see anything great happening in the next year that would prevent that from happening anyway.
@who
The naysayers here are the ones who do not reside in the area. As far as the locals, Tivoli Village is a welcome sight. Yes, Grimaldis is good, I like the place, been there a few times. It is nice Tivoli will add more restaurants in the area and it would be really nice if they stick to a good mix of restaurants and retailers not just upscale.
One other thing, the Angel Park Trail connecting 3 parks in the community is now open which is also a nice addition on this side of town, the trail is right next to Tivoli Village.
This area is not going to turn into another Lake Las Vegas for the simple fact locals on this side ot town actually patronize the casinos and businesses in the area.
did you hear that, bouvier?
old bouvier must be happy as a clam.
A day late and a dollar short. Good luck to the new tenants. Hope they can float the bills for a year.
Hey...vegas is a gambling town....so is this.
^^^It is called Capitalism with people willing to risk and invest their own money to bring developments to an area. Tivoli Village, you are welcome in MY neighbourhood.