The City Council gave the green light to sell almost 6 acres in Symphony Park to a developer who plans to build a mixed-use project with residential and commercial space.
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The City Council is scheduled Wednesday to consider talks for a possible mixed-use medical campus at the 50-acre property.
Developer Jonathan Kermani expects to start construction in September on a project to renovate, partially demolish and expand the vacant White Cross Market building.
The sale of the late Tony Hsieh’s real estate empire could prove a catalyst to build on what Hsieh started, and help downtown improve even more.
With Tony Hsieh’s family looking to sell his downtown real estate holdings, a slew of properties in Las Vegas could change hands, putting vacant lots, apartments, offices, shuttered motels and other sites under new ownership.