Las Vegas Continues to See Growth

  Tom Donoghue /

Tom Donoghue /



Everyone has been anxiously awaiting the opening of T-Mobile Arena and this Wednesday it will finally host it's first event. 

The arena can hold up to 20,000 people and includes club space and a large number of restaurants. The venue can hold up to 20,000 spectators and will house an impressive club space for the Hyde Lounge, among a number of restaurants.


According to an article in the Las Vegas Weekly, the arena will have a $900 million annual economic impact largely due to an influx in tourists and will add at least 650 jobs.


An announcement was made last week that Crate and Barrel would be opening its first store in Nevada. They plan to open at Downtown Summerlin. “We’ve wanted to be in the Las Vegas area for some time,” said Doug Diemoz, chief executive officer of Crate & Barrel, in a statement.

The retailer will be located near the Lazy Dog and Ethan Allen. No specific opening date was included in a news release.

Crate and Barrel was founded in 1962 and works with European factories to bring customers affordable designer furniture.


IKEA, the world's leading home furnishings retailer, announced that its future Las Vegas store will open at 9 a.m. May 18, expanding the IKEA presence in the southwestern United States, according to a news release. Customers can begin lining up at the store on May 16 - 48 hours in advance of the doors' opening.

The 351,000 square-foot future IKEA Las Vegas store, with 1,300 parking spaces, is being built on 26 acres along the northern side of the 215 Beltway at Durango Drive, near Sunset Road.


Albertsons has opened in Summerlin’s first major shopping center, Trails Village Center. The Trails Village Center invested over $3 million to acquire the store lease, according to a news release. 

Shawn & Kyle Cunningham
Cunningham Group at RE/MAX Advantage | 702-960-4819 Shawn | 702-960-4819 Kyle
Source: Vegas Inc

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