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Transactions - AUGUST 25, 2020

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$400m Las Vegas project breaks ground, updated with new health and safety features

by Andrea Zander

San Diego–based developer Matter Real Estate Group has broken ground on its UnCommons, a $400 million, 40-acre mixed-use project in Las Vegas, which was delayed by the pandemic.

The first phase is slated for completion in early 2022.

Located at Interstate 215 and Durango Drive, UnCommons will consist of more than 500,000 square feet of modern office space, more than 91,000 square feet of retail space and 800 units of onsite residential space. In addition, the mixed-use property will have a venue that will combine music and movies, a beer garden, restaurants and cafes, health and fitness studios, a multi-purpose conference center, a pedestrian trail, and public art.

With the delay, the project has been updated to feature new health and safety features, including near-hospital-quality heating, ventilation and air-conditioning systems; touchless access points; and interior finishes that will be “made with materials to limit the spread of bacteria,” according

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