The developer of a new shopping center in North Las Vegas has finished construction, saying the project, on a former casino site, is almost fully leased.
Agora Realty & Management announced Tuesday that it completed construction on Hylo Park South, a 90,750-square-foot complex at the southeast corner of Rancho Drive and Lake Mead Boulevard.
The California-based real estate firm broke ground early last year on the 11-acre plaza, which occupies part of the old Texas Station footprint.
Its tenant lineup includes Hispanic grocery chain Cardenas Markets and discount retailer Ross Dress for Less, as well as Starbucks, Chipotle, dental group PDS Health, AT&T, UPS, Chase Bank, Allstate Insurance and Sourdough & Co., the developer said Tuesday.
According to the news release, the plaza is 95 percent leased.
The retail center will also include an EV charging station from Tesla and an In-N-Out Burger. Agora recently sold a 1.2-acre chunk of land in the plaza for nearly $4 million to the popular burger chain.
Starbucks and Chipotle have already opened in Hylo Park South, and the balance of its tenants “will be open and operating by early 2027,” according to the news release.
“We’ve been working to transform this former hotel and casino site into a welcoming destination and community amenity for North Las Vegas residents,” and the retail center “is an important part of that future,” said Aaron Lefton, president of acquisitions and leasing at Agora, in the release.
Overall, Agora’s Hylo Park development spans 73 acres along Rancho at Lake Mead. Plans call for housing, retail, athletic facilities and other uses.
Agora purchased the sprawling project site – comprising the neighboring former Texas Station and Fiesta Rancho – for about $58 million combined in 2023. The seller, Station Casinos, never reopened those properties from the pandemic shutdowns and then demolished both of them.
Homebuilding giant Lennar Corp. is now developing a subdivision on most of the former Texas Station footprint. Its project, The West End, will feature a mix of townhomes and freestanding single-family houses, with prices starting at around $404,000, its website shows.
Plans filed with the city of North Las Vegas showed a 373-lot development with a central park area that includes an “adventure trail” and play structure.
After the North Las Vegas Planning Commission approved Lennar’s proposal, Agora sold the 36.5-acre project site for $26 million in late 2024 to a land-banking entity. In general, such groups acquire land for homebuilders and then sell them plots when they’re ready for construction.
Project plans for the 25-acre former Fiesta Rancho site include a 200,000-square-foot indoor field house, extended-stay hotel, medical building, and shops and restaurants, the developer said this spring.
The property will include its existing ice rink, now called Hylo Park Arena, which used to be attached to the Fiesta.
Contact Eli Segall at esegall@reviewjournal.com or 702-383-0342.
