The Redevelopment Agency (RDA) was created in 1986 to revitalize downtown Las Vegas and the surrounding aging commercial districts. The RDA works with developers, property owners and the community to recruit businesses, create new jobs, eliminate blight and diversify our economy.
Funding Source
Funding for the RDA is obtained exclusively from new property tax revenue generated through higher property values and new construction within the city's two Redevelopment Areas. This is called tax increment.
Designated Redevelopment Areas
The city of Las Vegas currently has two designated redevelopment areas:
- Redevelopment Area 1 encompasses 3,948 acres. The area generally includes the greater downtown Las Vegas area east of Interstate 15, south of Washington Avenue, north of Sahara Avenue and west of Maryland Parkway. It also includes the corridors along Charleston Boulevard, Martin L. King Boulevard and Eastern Avenue.
- Redevelopment Area 2 spans almost 1,050 acres covering Sahara from Interstate 15 to Decatur Boulevard, Charleston from Rancho Drive to Rainbow Boulevard and Decatur from Sahara to U.S. 95.
Although the RDA is legally a separate entity from the city of Las Vegas, city council members sit on its board and approve projects, contracts and incentive programs. The RDA provides assistance programs for companies located within the Redevelopment Areas. View archived meeting notices and reports.
Meeting Notice
February 15, 2023 – RDA Board Meeting
- RA-XX-2023 - Discussion for possible action regarding a Resolution finding the project proposed by a Commercial Visual Improvement Participation Agreement (CVIP) between the RDA and Park on Fremont, LLC (Tenant), located at 506 East Fremont Street (APN 139-34-601-006), to be in compliance with and in furtherance of the goals and objectives of the Redevelopment Plan and authorizing the execution of the CVIP Agreement by the RDA (Not-to-Exceed $25,000 - RDA Special Revenue Fund) - Redevelopment Area - Ward 3 (Diaz) [NOTE: This item is related to Council Item XX (R-XX-2023)]
o BACKUP DOCUMENTATION:
- Agenda Summary Page
- Resolution No. RA-XX-2023
- Public Purpose-Impact Analysis Report
- Site Map
March 1, 2023 – RDA Board Meeting
- RA-XX-2023 - Discussion for possible action regarding a Resolution finding the project proposed by the Multifamily Residential Unit Incentive Program (MFR-UIP) Agreement between the City of Las Vegas Redevelopment Agency (RDA) and 1st Estate, LLC, located at 517 North 1st Street (APN139-27-810-034), to be in compliance with and in furtherance of the goals and objectives of the Redevelopment Plan and authorizing the execution of the MFR-UIP Agreement by the RDA (Not-to-Exceed $50,000 - RDA Special Revenue Fund) - Redevelopment Area - Ward 5 (Crear) [NOTE: This item is related to Council Item XX (R-XX-2023)]
- Agenda Summary Page (MFR-UIP)
- Resolution No. RA-XX-2023
- Public Purpose-Impact Analysis Report
- Site Map
- RA-XX-2023 - Discussion for possible action regarding a Resolution finding the project proposed by the Multifamily Residential Visual Incentive Program (MFR-VIP) Agreement between the City of Las Vegas Redevelopment Agency (RDA) and 1st Estate LLC, located at 517 North 1st Street (APN 139-27-810-034), to be in compliance with and in furtherance of the goals and objectives of the Redevelopment Plan and authorizing the execution of the MFR-VIP Agreement by the RDA (Not-to-Exceed $25,000 - RDA Special Revenue Fund) - Redevelopment Area - Ward 5 (Crear) [NOTE: This item is related to Council Item XX (R-XX-2023]
- Agenda Summary Page (MFR-VIP)
- Resolution No. RA-XX-2023
- Public Purpose-Impact Analysis Report
- Site Maps
- RA-XX-2023 - Discussion for possible action regarding a Resolution finding the project proposed by the Commercial Visual Improvement Program (CVIP) Agreement between the City of Las Vegas Redevelopment Agency (RDA) and Mahana Asset Management Group, LLC (Owner), and The Odobo Collective Inc. (Tenant), located at 1300 C Street (APN 139-27-810-034), to be in compliance with and in furtherance of the goals and objectives of the Redevelopment Plan and authorizing the execution of the CVIP Agreement by the RDA (Not-to-Exceed $25,000 - RDA Special Revenue Fund) - Redevelopment Area - Ward 5 (Crear) [NOTE: This item is related to Council Item XX (R-XX-2023)]
- Agenda Summary Page (CVIP)
- Resolution No. RA-XX-2023
- Public Purpose-Impact Analysis Report
- Site Maps