Southern Land Company (SLC), a national developer of award-winning master-planned communities and mixed-use developments, celebrated the groundbreaking on two luxury apartment buildings at Symphony Park in the heart of Downtown Las Vegas today. This will significantly expand SLC’s presence in Symphony Park where it completed Auric, one of Symphony Park’s first residential developments, in 2021.
Symphony Park II and III (working titles) are situated on two contiguous parcels totaling more than five acres adjacent Grand Central Parkway directly across from World Market Center Las Vegas and just north of The Smith Center for the Performing Arts. Considered the cultural heart of Las Vegas, Symphony Park, the city’s premier development site, is a dynamic and vibrant 61-acre mixed-use community home to the world-class Smith Center, highly acclaimed Cleveland Clinic Lou Ruvo Center for Brain Health housed in an iconic Frank Gehry-designed building, Discovery Children’s Museum, and luxury apartment buildings that offer a premier living environment in the heart of Downtown Las Vegas.
Combined, the two new apartment buildings will total more than 730,000 square feet and will bring 545 additional luxury apartment homes to Downtown Las Vegas, the historic heart of Las Vegas where the city got its start more than a century ago.
Symphony Park is surrounded by the valley’s second largest employment center comprised of multiple downtown hotel-casinos; major entertainment attractions and museums that make up downtown’s vibrant tourist economy with annual visitation to the area now topping 22 million; Las Vegas Premium Outlets North, one of the country’s most successful outlet shopping malls spanning nearly 700,000 square feet; World Market Center Las Vegas, a five-million-square-foot showcase for the home and hospitality contract furnishings industry; headquarters of Zappos.com; federal courthouses and multiple legal offices; the Las Vegas Medical District; office towers and more.
Symphony Park II is a five-story mid-rise that will house 275 one- and two-bedroom residences from 570 to 1,297 square feet, while Symphony Park III is a 22-story high-rise that will offer 270 one- and two-bedroom residences, along with penthouses, ranging from 570 to 3,160 square feet. Both apartment buildings will include robust amenities to create a vibrant and active lifestyle, including a resident lounge, concierge, dog run, fitness center and yoga room, pool and hot tub, pool lounge with outdoor bar, grills, and TVs, cabanas, bike storage and tune shop, and more. Symphony Park III’s pool deck will be located on the ninth floor, offering residents panoramic views. The ninth floor will also feature an outdoor fitness terrace and a resident lounge with bar. The building will have multiple terraces, high-end unit finishes, and more than 16,500 square feet of commercial and retail space on the first floor.
Construction for both projects is estimated to take approximately 27 months with completion planned for mid-year 2025. GDA Architects of Dallas, TX designed both projects. Burke Construction Group, Inc. is the general contractor for Symphony Park II while T.B. Penick & Sons is the general contractor for Symphony Park III.
At a brief ceremony headlined by SLC Founder and CEO Tim Downey, Mayor Carolyn G. Goodman, city of Las Vegas, and Councilman Cedric Crear, Ward 5, city of Las Vegas, Downey reiterated the company’s commitment to Symphony Park via its success with Auric, SLC’s first-ever project in Las Vegas.
“Symphony Park, true to its billing as the premier development site in Las Vegas, has well lived up to its promise,” said Downey. “It’s a stunningly beautiful site surrounded by majestic buildings and rich amenities, and it’s located within walking distance of the Arts District, Brewery Row, the Innovation Center – a tech startup hub, and a plethora of restaurants, nightlife, and coffee bars – not to mention just outside the front door of The Smith Center for the Performing Arts. On the successful heels of Auric, we anticipate strong leasing for our next two phases. Demand for luxury rental living in Downtown Las Vegas is on the upswing, and our new projects will help to meet that demand.”
“Downtown Las Vegas has long been a thriving mecca of hospitality, business activity and innovation, especially within Symphony Park, the area’s premier development site,” said Mayor Carolyn G. Goodman, city of Las Vegas. “We are thrilled to welcome two additional Southern Land Company apartment buildings to Symphony Park, bringing needed residential opportunities to downtown.”
Downey also announced a $5,000 gift to The Mayor’s Fund for Las Vegas LIFE to support the Going Green for Good Health initiative, which is committed to planting 60,000-plus trees by 2050 in areas of the city most affected by the urban heat island. The donation is consistent with SLC’s passion for intentional horticulture design and beautification of the communities where the company builds. The gift will purchase 10 park-ready trees, which will be planted in an area of the city where trees are lacking.
“The city’s tree initiative is making a real difference to help build shade canopies and provide much needed greenery in areas of the city most impacted by extreme temperatures,’ said Ivette Fernandez, chair, The Mayor’s Fund for Las Vegas LIFE. “This unexpected and generous gift from Southern Land Company to the Mayor’s Fund to underwrite more park-ready trees beautifully supports our mission to improve quality of life. We are so grateful!”
Symphony Park II and III are expected to welcome residents in spring 2025.
