Latest news with #RedevelopmentAgency
Yahoo
16-05-2025
- Business
- Yahoo
New county report outlines fresh vision of historic Las Vegas Commercial Center
LAS VEGAS (KLAS) — On Wednesday, Clark County's Redevelopment Agency will review a draft report by design firm Gensler, offering a bold new vision for the 30-acre site near Sahara and Maryland Parkway. Dubbed 'Commercial Center 2.0,' the plan imagines a thriving cultural epicenter—complete with new arts venues, dining, festivals, and residential development. The architecture firm Gensler created the report. Currently, the report is in draft form, but it will be presented publicly for the first time at the May 21 meeting. It suggests turning Commercial Center into a 'cultural epicenter known for celebrating the legacy of Las Vegas while incubating new experiences through innovative arts, dining, entertainment, retail, and residential.' 'Real intention, but just ideas right now,' said Clark County Commissioner Tick Segerblom, who represents the area. The Gensler report presents a bold reimagining: a Clark County Arts and Cultural Center, a revamped Ice Palace turned entertainment venue, and a modernized New Orleans Square. The last two items are 'definitely going to happen,' Segerblom said. At the same May 21 meeting, the Redevelopment Agency will vote on a proposal to buy land connecting Maryland Parkway to Commercial Center for around $7.1 million. According to the Gensler report, that property would be used for a large apartment complex. Even if these are just 'ideas,' it is a complete rethink of the Commercial Center. Images included in the Gensler report propose a mixed-use neighborhood, large-scale cultural events, outdoor space for events and festivals, encouraging new business and housing. It's touted as the creation of 'Commercial Center 2.0.' The report cites other, similar projects around the country that have brought new life to struggling neighborhoods. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
07-03-2025
- Business
- Yahoo
City of San Jose sues owners of blighted downtown properties
The Brief The commercial parcel has been unoccupied since 2004. The owners owe about $90k in fines and more than $977,000k on a defaulted loan. The City of San Jose has attempted to collect fines and owed funds since 2017. SAN JOSE, Calif. - The City of San Jose is suing property owners it says have racked up thousands of dollars in fines and failed to keep their property in good condition right in the heart of downtown. The lawsuit was filed this week and San Jose's mayor says he hopes the lawsuit will bring some resolution to decades of blight. The properties in this lawsuit are right next to each other and owned by the same group of people. The mayor says it's been a challenge to hold them responsible, so the city decided to take them to court. "We've seen a couple of fights happen. Having no storefront there, there is no sense of policing happening on that corner," said Maria Charron, Mini Boss Asst. Gen. Manager. The Mini Boss arcade is at the corner of East Santa Clara and Second Streets. It's located across the street from a three-story building, whose owners are now being sued by the city of San Jose for unpaid fines, defaulting on a loan and creating blight. "Having more vagrant spots around here is less of a draw for people to come down to us. So, it'd be nice to get somebody in there so that there's more foot traffic and more people are incentivized to come to this block," said Charron. What we know Located at 35 & 49 East Santa Clara Street and 9 Second Street, the commercial parcel has been unoccupied for the last two decades. In 2004 and 2005, Isis Properties purchased them and then received a loan of $1,350,000 from San Jose's Redevelopment Agency. The city's lawsuit said Isis Properties was just a shell company for James Eu and Grace Eu, with no real capital or assets. "Enough is enough. It's time to tell people you've got to be a good neighbor, or we're going to hold you accountable for helping us maintain a city that's safe and clean," said Matt Mahan, San Jose Mayor. The backstory Formerly used as a hotel, San Jose says the parcel is also a health hazard because of toxins left over from dry-cleaning operations. The lawsuit also claims the properties are a public nuisance, and the owners now owe more than $90,000 in fines and about $977,000 on the defaulted loan. As San Jose prepares to welcome thousands of visitors downtown for the Super Bowl and other major events next year, Mahan says cleaning up downtown San Jose has always been a priority. "It's not new, but I do think it's table stakes for making downtown Silicon Valley's downtown, being a destination for people all over the region, all over the country," said Mahan. The lawsuit said that since 2017, the city has made multiple attempts to collect the money owed on these properties. Mahan also said he hopes the lawsuit will lead to either new ownership or new management ordered by the court. KTVU reached out James Eu and Grace Eu but didn't hear back from them in time for this report. The Source City of San Jose, Matt Mahan, Mini Boss
