Tivoli Village at Queensridge
Executives cut the ribbon today on the first phase of the $850 million Tivoli Village at Queensridge in the western Las Vegas Valley, officially opening the European-style development.
Tivoli opened with 15 stores and restaurants, which is half of the stores planned for Phase 1 of the project. Developers plan to have 30 retailers when the first phase is complete during the winter.
The multi-use development includes 225,000 square feet of retail space and restaurants, and about 145,000 square feet of office space. Tivoli Village Executive Vice President Patrick Done said 54 percent of the office space and 72 percent of the retail space has been leased.
Businesses opening today include Brio Tuscan Grille, a Land Rover dealership and new-to-the-market retailers like Charming Charlie’s accessory store, Obika eyewear and a gallery by photographer Bobby Wheat.
Opening this summer will be a gourmet hamburger joint, a high-end gym, a martini bar, Greek restaurant and medical spa.
"The goal is to be everything to everybody," Done said. "Our retailers will be blend of all price points."
Next, developers will turn their focus to construction of the second phase of Tivoli Village, which will include a 300,000-square-foot indoor retail and entertainment facility with a movie theater. That phase is expected to be finished in time for the 2012 holiday shopping season.
Across Alta Drive sits an empty plot of land where Tivoli developers recently submitted plans to build an additional 750,000-square-foot indoor mall and 100 condominiums with a completion date sometime in 2015.