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Downtown Las Vegas Update

Historic Post Office The historic post office, built in 1931, is one step closer to becoming a cultural center and museum in the center of downtown Las Vegas. The building is entirely “shrink-wrapped” in order to protect the building from the weather while the exterior windows and paint surfaces are being revamped. The renovation is expected to take between 90 and 120 days.
Located at the corner of Fourth Street and Stewart Avenue, the former post office and federal courthouse was the site of the Kefauver hearings into organized crime. In the coming years it is scheduled to be transformed into a cultural center, featuring more than 13,000 square feet of exhibition space.
Union Park The Las Vegas City Council has authorized $40 million in funding for the first phase of infrastructure for Union Park, a 61-acre parcel in downtown Las Vegas that is currently being developed by the city and Newland Communities.
Many exciting projects are taking shape in Union Park. The city has approved a development agreement for “Keep Memory Alive, the Foundation for the Lou Ruvo Brain Institute ,” which broke ground earlier this year. The City Council also approved a development agreement for the Smith Center for the Performing Arts .
Also moving forward is the 50-story World Jewelry Center . At more than 900,000 square feet, the World Jewelry Center will accommodate 400 international wholesale jewelry dealers and manufacturers, 60 retail jewelers, a gem and jewelry museum, whole-ownership condominium units, gem grading labs and education facilities and much more.
Downtown Arena In an effort to attract and accommodate world-class events, the city is working to develop a new downtown arena. On April 20, the City Council will issue a Request for Proposals to interested developers seeking a development team that has the financial capability to construct, finance and operate a state-of-the-art event center. It is the city’s goal to select a development team that maximizes the valley’s opportunity to attract a professional sports team and other major events, while minimizing the public’s financial contribution to the project. The city has identified several potential sites for the arena in the Redevelopment Area, including city-owned parcels.
Proposals are due within 60 days.
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