New downtown building

LAS VEGAS (FOX5) -- A development group said it had acquired a 1.25-acre site in downtown Las Vegas that will incorporate hotel and residential units, retails space, entertainment, restaurant facilities and more.

601 Fremont LLC, alongside Four Queens hotel-casino and Binion's Gambling Hall owner Terry Caudill, and entertainment entrepreneur Carlos Adley, bought the site.

Located at the corner of Fremont and 6th streets, the property includes a three-story, 50,000 square-foot building and an acre of surface parking, 601 Fremont said.

"While formal development plans have not yet been announced, the partnership expects development of the site to include a mixed-use tower incorporating hotel units, residential units, retail space, entertainment, restaurant and bar facilities and more," the company said. 

The site was formerly known as the Sears building.

Copyright 2019 KVVU (KVVU Broadcasting Corporation). All rights reserved 

Recommended for you

(0) comments

Welcome to the discussion.

Keep it Clean. Please avoid obscene, vulgar, lewd, racist or sexually-oriented language.
PLEASE TURN OFF YOUR CAPS LOCK.
Don't Threaten. Threats of harming another person will not be tolerated.
Be Truthful. Don't knowingly lie about anyone or anything.
Be Nice. No racism, sexism or any sort of -ism that is degrading to another person.
Be Proactive. Use the 'Report' link on each comment to let us know of abusive posts.
Share with Us. We'd love to hear eyewitness accounts, the history behind an article.