Owner sees brighter days ahead for Neonopolis in downtown Las Vegas – Las Vegas Review

After years of struggling, downtown Las Vegas’ Neonopolis retail center is starting to see brighter days.

Neonopolis, a dining and entertainment development in downtown Las Vegas, is slowly filling long-standing vacancies.

Rohit Joshi, the property’s owner, said the rebound is coming at the right pace.

“It is good it’s slow because it will be done properly,” Joshi said.

The building was completed in 2002 for $100 million. Joshi purchased it four years later for a quarter of the cost.

Controversy dogged Neonopolis since plans for it were introduced late in 1997. The property, constructed jointly by the city of Las Vegas and Prudential, kicked two

Story continued at Source: http://www.reviewjournal.com/business/retail/owner-sees-brighter-days-ahead-neonopolis-downtown-las-vegas

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