Las Vegas
Development

When The Mirage opened in 1989, it started a trend of major resort development on the Las Vegas Strip outside of the city. This resulted in a drop in tourism in the downtown area, but many recent projects have increased the number of visitors to downtown.

An effort has been made by city officials to diversify the economy by attracting health-related, high-tech and other commercial interests. No state tax for individuals or corporations, as well as a lack of other forms of business-related taxes, have aided the success of these efforts.

The Fremont Street Experience was built in an effort to draw tourists back to the area and has been popular since its startup in 1995.

The city purchased 61 acres (25 ha) of property from the Union Pacific Railroad in 1995 with the goal of creating a better draw for more people to the downtown area. In 2004, Las Vegas Mayor Oscar Goodman announced plans for Symphony Park, which could include a mixture of offerings, such as residential space and office buildings.

Already operating in Symphony Park is the Cleveland Clinic Lou Ruvo Center for Brain Health (opened in 2010), The Smith Center for the Performing Arts (opened in 2012) and the DISCOVERY Children's Museum (opened in 2013).

On land across from Symphony Park, the World Market Center Las Vegas opened in 2005. It currently encompasses three large buildings with a total of 5.1 million square feet. Trade shows for the furniture and furnishing industries are held there semiannually.

Also nearby is the Las Vegas North Premium Outlets. With a second expansion, completed in May 2015, the mall currently offers 175 stores.

City offices moved to a new Las Vegas City Hall in February 2013 on downtown's Main Street. The former City Hall building is now occupied by the corporate headquarters for the online retailer Zappos.com, which opened downtown in 2013. Zappos CEO Tony Hsieh took an interest in the urban area and contributed $350 million toward a revitalization effort called the Downtown Project. Projects funded include Las Vegas's first independent bookstore, The Writer's Block.
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