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US – Aristocrat to consolidate Las Vegas facilities in Summerlin

The Howard Hughes Corporation is to host a groundbreaking ceremony on June 23, headlined by Nevada Governor Brian Sandoval to mark the beginning of construction on a 180,000-square-foot build-to-suit campus in the Summerlin master-planned community for Aristocrat Technologies.

More than 600 Las Vegas-based Aristocrat employees, currently housed in multiple buildings located on Warm Springs Rd. west of the 215 Beltway entrance, are expected to make the move to the new Summerlin campus once it is completed in late 2018. The project is expected to cost approximately $45m excluding land and generate a stabilized yield on cost of approximately nine per cent.

“Aristocrat 팀은 밸리 전역의 재배치에 대한 수많은 옵션을 평가했습니다. 우리는 동급 최고의 시설을 건설하려는 우리의 비전을 공유하는 Howard Hughes Corporation과 함께 이 프로젝트에 참여하게 된 것을 매우 기쁘게 생각합니다. Summerlin에서 우리가 선택한 위치를 통해 직원과 고객에게 세계적 수준의 시설을 제공할 수 있게 될 것입니다.”라고 Aristocrat 수석 부사장 겸 법률 고문 Mark Dunn이 말했습니다.

The relocation is in line with a growing corporate trend to locate workplaces closer to communities, boosting quality of life and providing employees with access to more nearby amenities. In Summerlin, this includes parks, golf courses, walking trails and Downtown Summerlin, located just minutes from the new Aristocrat campus.

The two-building campus, encompassing approximately 180,000 square feet, is planned on the corner of Hualapai Way and the 215 Beltway. The three-story structures—approximately 90,000 square feet each—will reflect the high standard of design for which the community is known. The campus and site boast notable Beltway visibility, providing Aristocrat with significant opportunities for freeway signage.

“With the continued growth of Downtown Summerlin, the community is becoming an even more appealing destination to live, work, and play,” said David Weinreb, Chief Executive Officer of The Howard Hughes Corporation. “Aristocrat is an excellent addition to Summerlin. The company’s employees will be able to enjoy the amenities our community has to offer, from nearby walking trails and parks to the exceptional shopping, dining and entertainment options at Downtown Summerlin, located just minutes from the new Aristocrat campus.”