{"id":1004087370,"date":"2013-11-22T15:32:07","date_gmt":"2013-11-22T23:32:07","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=219665"},"modified":"2022-11-30T14:16:28","modified_gmt":"2022-11-30T22:16:28","slug":"cim-launches-downtown3rd-entertainment-district-after-makeover-2","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/cim-launches-downtown3rd-entertainment-district-after-makeover-2\/","title":{"rendered":"CIM Launches Downtown3rd Entertainment District After Makeover"},"content":{"rendered":"<p class=\"MsoNormal\">\n<p class=\"MsoNormal\">Notwithstanding the struggles experienced by the Las Vegas residential market in recent years, the area is getting repeated reminders that its entertainment, hospitality and gaming sectors are bouncing back nicely. A recent case in point is the makeover of Downtown Grand Las Vegas. Renovated and re-branded Downtown3rd by its developer, CIM Group, the mixed-use entertainment district is positioned as a boutique-style experience in its hotel, casino and entertainment components.<\/p>\n<div id=\"attachment_219668\" class=\"wp-caption alignright\" style=\"width: 310px\"><a href=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2013\/11\/downtown-grand.jpeg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-219668\" title=\"downtown grand\" src=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2013\/11\/downtown-grand.jpeg\" alt=\"\" width=\"300\" height=\"208\" \/><\/a><\/p>\n<p class=\"wp-caption-text\">Image courtesy of cimgroup.com<\/p>\n<\/div>\n<p class=\"MsoNormal\">Located on a 6.3-acre site at 3<sup>rd<\/sup> Street and East Ogden Avenue, Downtown3rd offers 634 guest rooms in the 25-story Grand Tower and the 18-story Casino Tower. Downtown3rd has 25,000 square feet of casino space leased to Fifth Street Gaming.<\/p>\n<p class=\"MsoNormal\">The property offers 35,000 square feet of retail as well as a variety of dining options. PICNIC, a rooftop retreat with an infinity pool, private cabanas, a fire pit, and full-service restaurant and bar, is expected to be a major draw.<\/p>\n<p class=\"MsoNormal\">The debut of Downtown3rd is an example of a resurgence sparked in large measure by the Fremont Street Experience. Further contributing to the growing appeal of the district are attractions like the nearby Mob Museum and the commitment shown by Zappos in establishing its corporate headquarters. CIM\u2019s acquisition and redevelopment of the Downtown Grand signals the developer\u2019s strategy to get a footing in a market on the rise.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Alex Girda, Associate Editor Notwithstanding the struggles experienced by the Las Vegas residential market in recent years, the area is getting repeated reminders that its entertainment, hospitality and gaming sectors are bouncing back nicely. A recent case in point is the makeover of Downtown Grand Las Vegas. Renovated and re-branded Downtown3rd by its developer, [&#8230;]<\/p>\n","protected":false},"author":41,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1593,21742],"tags":[],"class_list":["post-1004087370","post","type-post","status-publish","format-standard","hentry","category-las-vegas","category-latest"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>CIM Launches Downtown3rd Entertainment District After Makeover - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/cim-launches-downtown3rd-entertainment-district-after-makeover-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CIM Launches Downtown3rd Entertainment District After Makeover\" \/>\n<meta property=\"og:description\" content=\"By Alex Girda, Associate Editor Notwithstanding the struggles experienced by the Las Vegas residential market in recent years, the area is getting repeated reminders that its entertainment, hospitality and gaming sectors are bouncing back nicely. A recent case in point is the makeover of Downtown Grand Las Vegas. Renovated and re-branded Downtown3rd by its developer, [...]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/cim-launches-downtown3rd-entertainment-district-after-makeover-2\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2013-11-22T23:32:07+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-11-30T22:16:28+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2013\/11\/downtown-grand.jpeg\" \/>\n<meta name=\"author\" content=\"Alex Girda\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/cim-launches-downtown3rd-entertainment-district-after-makeover-2\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/cim-launches-downtown3rd-entertainment-district-after-makeover-2\\\/\"},\"author\":{\"name\":\"Alex Girda\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/540f0253de89dedaae7684239611b81c\"},\"headline\":\"CIM Launches Downtown3rd Entertainment District After Makeover\",\"datePublished\":\"2013-11-22T23:32:07+00:00\",\"dateModified\":\"2022-11-30T22:16:28+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/cim-launches-downtown3rd-entertainment-district-after-makeover-2\\\/\"},\"wordCount\":234,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/cim-launches-downtown3rd-entertainment-district-after-makeover-2\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/synd.yardi.com\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2013\\\/11\\\/downtown-grand.jpeg\",\"articleSection\":[\"Las Vegas\",\"News\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/cim-launches-downtown3rd-entertainment-district-after-makeover-2\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/cim-launches-downtown3rd-entertainment-district-after-makeover-2\\\/\",\"name\":\"CIM Launches Downtown3rd Entertainment District After Makeover - 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