Agora Kicks Off Last Phase of $375M Vegas Project
Completion is slated for late 2027.
Agora Realty has broken ground on the third and final phase of Hylo Park, a $375 million mixed-use, master-planned development in North Las Vegas, Nev. This latest stage will feature the ground-up construction of a 177-key hotel and a 250,000-square-foot recreation center.
Completion is expected in late 2027 for the Premier-designed project. Additionally, Advent and PMY Group will provide tech, data and creative solutions.
Dubbed the Hylo Park field house, the 250,000-square-foot venue will include an on-site sports academy set to measure 40,000 square feet, as well as multiple basketball courts and a configurable indoor football field. A pre-existing ice rink will be remodeled and renovated to fit the project’s sports-oriented vision.
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The surrounding public space will feature future commercial uses including shops and restaurants, in addition to the Hilton Embassy Suites hospitality portion. Earlier plans also incorporated medical office.
Agora acquired the 73-acre site for Hylo Park in 2023 for $58.4 million, demolishing the former Texas Station and Fiesta Rancho casinos. One year later, the company sold 37 acres to Lennar, the developer behind Hylo Park’s first phase, which consists of a 393-unit, for-sale neighborhood currently under construction. The second phase, a 90,750-square-foot retail property, debuted this August.
Agora’s deep commitment to North Las Vegas
Located at the corner of Rancho Drive and Lake Mead Boulevard, Hylo Park’s construction site is near the North Las Vegas Airport. The central business district is about 5 miles away, where Agora and the city of North Las Vegas teamed up for the $205 million Downtown Redevelopment Project.
Similar to Hylo Park, the other development includes both ground-up construction and the transformation of existing structures For instance, Fiesta Plaza, a 200,000-square-foot shopping center, received significant upgrades, while the new construction included a medical office building, the area’s first since 1973. Future additions include Nevada State University’s 30,000-square-foot academic property, set for delivery next year.
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