The Las Vegas City Council approved a new economic development project at the Wednesday, Feb. 20 City Council meeting, including a new Marriott hotel on Symphony Park.
The new AC Hotel by Marriott will be located at the corner of Grand Central Parkway and Symphony Park Avenue. This location puts the new hotel just west of The Smith Center for the Performing Arts and across Grand Central Parkway from the new convention center, The Expo at World Market Center. The Expo is scheduled to open in the summer of 2020 and developers plan for the new hotel to be open at the same time.
The new hotel is being developed by Jackson-Shaw. Founded in 1972, Jackson-Shaw has developed 21 hotels and more than 60 million square feet of commercial real estate. The hotel will feature a new restaurant as well as space for meetings and additional retail space.
Currently on Symphony Park, two new parking garages are nearing completion. These garages include nearly 30,000 square feet of ground-floor retail space. In addition, more than 600 future residential units are currently under development on Symphony Park with the Aspen Heights and Southern Land Company projects.
Symphony Park features construction-ready sites with infrastructure in place and developer incentives available. Adjacent to business catalysts that include World Market Center Las Vegas, Las Vegas North Premium Outlets and Molasky Corporate Center, Symphony Park is centrally located in Las Vegas with easy access to U.S. 95 and Interstate 15 highways.