Miracle Mile Shops

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Miracle Mile Shops
Miricle mile shops door.JPG
Miracle Mile Shops' Entrance (from "The Strip") in 2009
LocationParadise, Nevada, U.S.
Coordinates36°06′36″N 115°10′15.45″W / 36.11000°N 115.1709583°W / 36.11000; -115.1709583Coordinates: 36°06′36″N 115°10′15.45″W / 36.11000°N 115.1709583°W / 36.11000; -115.1709583
Address3663 South Las Vegas Boulevard
Opening dateAugust 17, 2000; 18 years ago (2000-08-17)
DeveloperTrizecHahn
OwnerBoulevard Invest LLC
No. of stores and services170+
No. of anchor tenants14
Total retail floor area475,000 sq ft (44,100 m2)
No. of floors1
Parking3,000 (shared with Planet Hollywood Las Vegas)
Websitemiraclemileshopslv.com

Miracle Mile Shops (formerly Desert Passage)[1] is a 475,000 square foot (44,129 m²), 1.2-mile (1.9 km) long, enclosed shopping mall on the Las Vegas Strip in Las Vegas, Nevada. It is home to more than 170 stores, 15 restaurants and live entertainment venues.

Synonymous with retail districts throughout the country, the name connotes a shopping environment and also alludes to the "Miracle Mile" district, as the casino renovates its image to a Los Angeles themed resort.[citation needed]

History[edit]

Desert Passage Moroccan themed decor showing the painted sky in 2005

The $300 million mall, located in the center of the Las Vegas Strip, opened on August 17, 2000 as Desert Passage mall inside the reconstructed Aladdin hotel. It was built and operated by Trizec Properties and originally featured a Moroccan theme. The shopping complex featured an hourly indoor thunderstorm.[citation needed]

The mall was sold in 2003 to Boulevard Invest LLC, owned by Investcorp, RFR Holding LLC and Tristar Capital.

To match the conversion of the Aladdin to a Planet Hollywood Las Vegas, the Desert Passage was renovated and adopted a new Los Angeles theme. It was renamed Miracle Mile Shops.

In 2016, Boulevard Invest sold the mall for about $1.1 billion to a partnership of Miller Capital Advisory and CalPERS.[2]

Theater[edit]

The mall is home to live entertainment inside the Saxe Theater and V Theater. A dozen shows daily include the popular V-The Ultimate Variety Show and Vegas! The Show.

References[edit]

  1. ^ "Shops". Archived from the original on 2007-04-27. Retrieved 2007-05-04.
  2. ^ Richard N. Velotta (October 17, 2016). "Miracle Mile Shops on Las Vegas Strip sold to investment partnership". Las Vegas Review-Journal. Retrieved 2016-10-17.

External links[edit]