Las Vegas Strip Retail Center: Gindi Capital Building

Gindi Capital has started construction on BLVD, a retail development on the Las Vegas Strip. The 9.5-acre site incorporates several existing buildings and a closed Hawaiian Marketplace, purchased in 2019 for $172 million. This property is slated to comprise 400,000 square feet of retail space with 700 feet of street frontage as well as 110,000-square-foot terrace meant for events featuring diverse indoor and outdoor tenants offering shopping and entertainment options in a two-story building rising 54 feet high. Last year Houston billionaire Tilman Fertitta paid $270 million for the 6.2 acre property directly north of Gindi’s Hawaiian Marketplace proposing an ambitious 43 story resort hotel with 2,420 guest rooms including casino spa convention center and concert space seating up to 2,500 people making it one of the most exciting projects currently underway in Las Vegas Strip area