Symphony Park, originally called Union Park, and formerly known as Parkway Center, is an under construction mixed-use urban community located in downtown Las Vegas, Nevada. The city of Las Vegas is undertaking the development of a 61 acres (25 ha) parcel located on brownfield land purchased from Union Pacific. The city acquired the land in 1995 as part of a redevelopment effort to draw tourists and locals to downtown Las Vegas. The Symphony Park development will be one of the largest urban redevelopment projects in the country.
The Symphony Park Development is being planned by the city of Las Vegas and Newland Communities. This is a major project for the Office of Business Development and the city.
The walkable community will feature urban residences, the Lou Ruvo Brain Institute and other medical facilities, a 2-acre (0.81 ha) outdoor core (Symphony Park), The Smith Center for the Performing Arts, offices, The Charlie Palmer (chef) boutique hotel, a casino/hotel, and the World Jewelry Center. As the single most important element in the revitalization and re-development of downtown Las Vegas, it will be a green development, with all buildings expected to follow LEED construction guidelines.
The $6 billion project is projected to include 11,000,000 sq ft (1,000,000 m2) of space on 61 acres. Plans call for 1,908,000 sq ft (177,300 m2) of office and medical space, 5,200,000 sq ft (480,000 m2) comprising 3,200 residential units, 3 hotels providing an estimated 1,800 to 2,300 rooms in 1,575,000 sq ft (146,300 m2) of space with 475,000 sq ft (44,100 m2) of retail. The area is also expected to include 60,000–100,000 sq ft (5,600–9,300 m2) of casino space.
In October 2005, after failed negotiations with The Related Co. on the development of Union Park, San Diego-based Newland Communities was chosen by the city as the new development firm. The Newland contract calls for Dan Van Epp, Newland's regional vice president and former president of the Howard Hughes Corp., to oversee his company's work on Union Park.
Originally Las Vegas Mayor Oscar Goodman announced plans to include a baseball stadium within the Union Park project, however the stadium has since been removed as part of the master plan.
The city approved initial infrastructure plans for $40 million in bonds necessary to finance the 61 acres project. The City Council also approved a development agreement for The Smith Center for the Performing Arts, a planned 2,050-seat performing arts center, as well as a development agreement for the Cleveland Clinic Lou Ruvo Center for Brain Health being designed by world-renowned architect Frank Gehry. It was the first building at Symphony Park to began construction in 2007 and opened in May 2010.
The Las Vegas Performing Arts Center Foundation, in partnership with the city of Las Vegas Redevelopment Agency, is developing The Smith Center for the Performing Arts. Upon completion, this facility will be the first regional performing arts center in the Las Vegas valley. The city is donating a 4.77-acre (1.93 ha) site in Symphony Park on which The Smith Performing Arts Center will be built. The project is being funded through a tax on car rentals in Clark County, together with private fund-raising led by the foundation. The Reynolds Foundation has committed a $50 million endowment to ensure the long-term success of the center’s operations. The center's design is projected to be completed by third quarter 2008. The city will oversee bidding and construction of the project's first phase. The Center began construction in early 2010 is will open in 2012.
In November 2010, the city council considered adding a sports arena component to Symphony Park replacing some of the residential parcels.
When the project first started it was known as Union Park. On May 20, 2009, the Las Vegas City Council renamed the area as Symphony Park.
- The Charlie Palmer, a 400+ room boutique non-gaming condo-hotel
- A 1000 room hotel with casino.
- The Lou Ruvo Brain Institute
- The Smith Center for the Performing Arts
- Lied Discovery Children's Museum
- World Jewelry Center
- 2,200,000 square feet (200,000 m2) of Class A office space
- 469,000 square feet (43,600 m2) of ground-floor retail space
- 3,600 high-rise residential units
- 15,800 parking spaces contained within vertical structures
- New city hall
- 1,750 hotel rooms
- "Newland Communities". Retrieved 2008-12-01.
- Dostal, Erin (August 11, 2010). "Children’s museum plans for Smith Center expansion". Las Vegas Sun.