Global Retail Location
The Site’s location on Las Vegas Boulevard is one of the most highly trafficked shopping and entertainment districts in the world. Las Vegas’ unique shopping experience is an integral component of its international identity as a premier entertainment and resort destination. Significant increases in tourism and exciting new resort developments are attracting new retailers from around the globe.
Strong Growth in Tourism and Conventions -— Las Vegas tourism and local residents generate retail revenues exceeding $15 billion per year within a 5-mile radius of the Site. The Strip is as an increasingly popular destination for family-oriented and middle- market vacations as well as the nation’s most preferred location for conventions and trade shows. During 2015, Las Vegas will attract over 42 million visitors and nearly 5 million convention attendees.
Strong Retail Trade Potential - As demonstrated in the exhibit below, the Site provides significant retail trade potential within a 1-, 3- and 5-mile radius of the location.
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