Located between Las Vegas Boulevard and Sixth Street, the properties take up almost half a block and make up four retail properties.
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Groundbreaking will take place soon for the downtown Las Vegas project, which will include ground-level restaurant and retail space.
A report from hospitality analytics firm CoStar found that hotel rates for the region were the highest for a Super Bowl weekend.
Before the property sold in January for $6 million, the 2.3 acres, located a block away from Main Street, sold in 2011 for just over $322,000, according to Clark County property records.
Culinary Local 226 said it has struck deals with nearly all remaining unsettled hotel-casinos — and called off a strike deadline for one.
The deal involves nearly 800 union staffers at The D, Golden Gate and Circa, according to the union.