Agora to Build $380M Retail Village in North Las Vegas

Agora Realty and Management has moved forward with plans to build a $380 million retail village focused on youth sports in North Las Vegas.

The Calabasas, Calif.-based developer was approved by the North Las Vegas Planning Commission to build the lower half of the 73-acre development at 2400 North Rancho Drive, the Las Vegas Review-Journal reported.

The mixed-use project, dubbed Hylo Park, replaces the demolished Texas Station and Fiesta Rancho casinos.

Plans call for 700 homes across 37 acres, a 175-room hotel, more than 80,000 square feet of shops and restaurants, 3,400 square feet of offices and a 158,000 square-foot sports arena.

Hylo Park was envisioned as a walkable community that doubles as an “Olympic village” for youth sports, Cary Lefton, CEO of Agora Realty, told the Review-Journal this spring.

To create that Olympic village vibe, the project will include the indoor “multisport” arena, an outdoor field for soccer games, outdoor events and watch parties, plus a 30,000-square-foot “educational sports school” for children, Lefton said.

Additional plans include a car wash, child care center, a vocational school, ice rink and indoor and outdoor recreation centers and liquor stores. The ice rink and parking garage are left over from the former casinos.

In 2023, there were talks of a $20 million, 100,000-square-foot ice hockey complex with two rinks, with Vegas Golden Knights as the operators and Agora as the manager and programmer. An operating agreement was signed, but there has been no movement since.

Agora is expected to break ground this year on six buildings of shops and fast-food restaurants on 11.4 acres on the southeast corner of Rancho Drive and Lake Mead Boulevard, with parking for 394 cars, according to the Review-Journal.

The initial phase will include a 76,000-square-foot retail building, divided up into a 40,000 square-foot store, one 21,900 square-foot store, 12,500 square feet of inline shops and a storage unit for the landlord.

Three more buildings will be devoted to fast-foot restaurants, plus a 3,900-square-foot In-N-Out burger joint and a 3,400-square-foot office building.

The Hylo Park development, with the exception of the In-N-Out, will be clad in desert tan and beige, with black brick veneer and a metal parapet to “ensure a cohesive modern design,” the developer said.

Agora Realty and Management, founded in 1986, has owned more than 55 commercial properties containing 5.5 million square feet, and 20 multifamily complexes with more than 5,000 apartments in California, Nevada, Washington, Colorado and Hawaii, according to its website.

— Dana Bartholomew