Three-building apartment community will house 337 rental residences of all sizes
Today, Southern Land Company (SLC), a national developer of award-winning master-planned communities and mixed-use developments, celebrated the ceremonial groundbreaking of a new apartment community in the 18b Arts District in Downtown Las Vegas. The new project will include three seven-story, mid-rise apartment buildings totaling 531,982 square feet, offering a combined 337 rental residences and 8,500 square feet of ground-level retail and restaurant space.
A prolific developer in downtown Las Vegas, SLC is a dominant mixed-use residential developer for Symphony Park where the company designed and built the luxury apartment community, Auric. That development was followed by two additional apartment buildings currently under construction – Symphony Park II and Symphony Park III (working titles). The new apartment community in the Arts District will bring the total unit count of SLC’s downtown Las Vegas portfolio to 1,203.
SLC’s new downtown project, 3rd Street Assemblage (working title), is located at 1207 S. 3rd Street in the Arts District. Its 337 rental residences will include a mix of studio, one- and two-bedroom homes, offering between 585 and 1,254 square feet of living space. A 353-space concrete parking structure will provide ample parking, including EV charging stations, and will keep residents’ cars off the streets, a plus for the area where parking is known to be limited.
Building One, the largest at roughly 255,000 square feet, will house 155 residential residences as well as the community’s principal ground-level retail area spanning 3,300 square feet. The building will also be home to the community’s shared residential amenities including a two-story fitness center, pool and spa, co-working space, library, rooftop amenity deck and outdoor lounge with fireplace. Additional communal amenities and services will include a concierge, multiple courtyards, dog park, resident lounge, outdoor grills and bars, and virtual reality room. Buildings Two and Three each measure approximately 138,000 square feet with 91 residences each and 2,600 square feet of retail on the ground floor.
Las Vegas city officials, including Las Vegas City Councilwoman Olivia Diaz representing Ward 3, were on hand for today’s ceremony to celebrate the new apartment community that will provide more living opportunities in the popular Arts District that features a vibrant, culture-rich environment. Home to scores of galleries and the city’s growing arts community, the Arts District boasts abundant restaurants, bars and breweries and hosts the city’s popular First Friday event each month.
Construction on 3rd Street Assemblage is already underway with completion anticipated for late 2025. SLC expects that leasing will begin for the apartments in the second quarter of 2025. Further information about apartment leasing will be provided closer to that time. Leasing for retail space is anticipated to begin in the third quarter of 2025. Inquiries about retail space availability should be directed to John Tippins, CEO of Northcap Companies, at 702-333-4455, or Alex Cauchon, Vice President, Hospitality with SLC, at 929-554-9233.
“The Las Vegas Arts District exemplifies modern urban living, and the demand for luxury rental living in downtown is accelerating. We anticipate strong leasing for our Arts District project,” said SLC Development Manager Alex Woodin. “With 3rd Street Assemblage we’ve taken great care to create a mixed-use project that will enhance the Arts District’s neighborhood-centric culture, while also recognizing its potential for becoming the hub for Las Vegas’ growing high-tech innovative community and the focus of the city’s local culinary scene.”
“The 18b Las Vegas Arts District continues to be an exciting area that is an inviting destination for artists, visitors and residents,” Las Vegas Mayor Carolyn G. Goodman said. “For our local arts community, the area has long been ground zero, so it’s particularly exciting to see new housing opportunities take shape for those desiring to live in the epicenter of Las Vegas’ arts community. We are grateful to Southern Land Company for its commitment to downtown Las Vegas that began at Symphony Park and has now expanded into the Arts District.”
As part of the development, SLC is making significant investments in infrastructure improvements including a new water main on 4th Street; new and upsized sewer in 3rd Street and Colorado Steet, and a new signalized intersection at S. 3rd Street and E. California Ave.
At the ceremonial groundbreaking, SLC presented a donation of $5,000 to the First Friday Foundation to support the organization’s ongoing effort to organize and execute events promoting art and culture, including First Friday, the city’s popular event in the Arts District that is now in its 22nd year and continues to attract thousands to the area each month. Accepting the donation was Corey Fagan, Executive Director of the First Friday Foundation.
“First Friday has become a much beloved event for art lovers and festival goers eager to support the local arts community and share in the spirit of collegiality that has come to define First Friday,’ said Fagan. “We are incredibly grateful to Southern Land Company for understanding our First Friday vision and for their support in helping us to ensure we can continue to deliver a quality monthly experience that adds to the vitality and vibrance of the area.”
KTGY designed the project, and Burke Construction Group, Inc. of Las Vegas serves as general contractor.
