ONE Summerlin Leasing Brochure

09.14.2023

CONTENTS The Howard Hughes Corporation___________________

1

Summerlin_____________________________________

5

Downtown Summerlin____________________________

8

One Summerlin_________________________________ 13 Two Summerlin_________________________________ 17 The Suites at Downtown Summerlin_________________ 22

OUR FOUNDERS

Our founders were brave idealists who focused on the core tenets of today’s ESG movement, committed as they were

to conservation, community access, innovation and inclusion. These fundamental beliefs continue to animate us today as we look to building a future of greater good.

HOWARD HUGHES

JIM ROUSE

VICTORIA WARD

GEORGE MITCHELL

1

OUR FOUNDERS

Our essence emerged from the passion of unique and remarkable human beings.

Each imagined not just a planned community, but a way of life and they believed they could build it.

The visionaries who built our company anticipated, to a remarkable degree, today’s focus on environmental, social and governance issues (ESG).

The communities they created were born of radical visions — vast in their scale, sweeping in their scope, and extraordinarily courageous in their realization.

But they were made by the people within them. The Americans who have built their lives, their families, their businesses in these communities.

2

OUR PORTFOLIO

With over 100,000 acres across six states,

The Seaport NEW YORK

The Howard Hughes Corporation is building the cities and communities of tomorrow through their local expertise, best in class design,

Summerlin

sustainable innovation and solid underwriting.

NEVADA

The Howard Hughes Corporation are community stewards, including all desired services and thoughtfully inspired amenities, retail and restaurants, building communities where people love to live, work and play.

Bridgeland TEXAS

The Woodland Hills TEXAS

Ward Village

Teravalis

The Woodlands

HAWAII

ARIZONA

TEXAS

Columbia MARYLAND

3

H OWAR D H U G H E S

$627M

$3.1B

ON HAND

CUMULATIVE CONDO SALES

CASH

STRENGTH IN

NUMBERS

2022

$9.6B

TOTAL ASSETS

9.2M SF

5.5K

OFFICE AND RETAIL PORTFOLIO

MUILTIFAMILY UNITS

OPERATING ASSETS NOI

$1.6B

AT WARD VILLAGE (HONOLULU)

$239M

STABILIZED NOI TARGET OF $363M (Q4 2022)

563%

INCREASE

202 2 CO N SO LI DATED R E VEN U E

FROM 2010

AS OF Q4 2022

4

TH E I NTERS EC TIO N O F PEO PLE , PL AC E S AN D B E AUTI FU L M O M ENTS

5

TOP-TEN SELLING MPC FOR NINE CONSECUTIVE YEARS 2020 MPC OF THE YEAR SOURCE: RCLCO | NAHB

6

SUMMERLIN

AN AWARD-WINNING COMMUNITY

Cheyenne

Dese rt H o

BUILT FROM A BIG VISION

Re ve re nc e

Pk w y

p

. e Dr

Desert Shores

Lake Mead Blv d

215

200+ MILES

22,500 250+ 10

Alt a

er

Kellogg Zaher Park

Angel Park

Suncoast Casino

TIVOLLI VILLAGE

POPULATION

Fo Desert

oth

Alta Alta

215 Queensridge

Peccole Ranch

Village Square

N TO

The Lakes

Sahara

Red R

Desert Sportsman Rifle Club

Median New Home Price

Median Resale Price

(year end 2022)

(year end 2022)

31%

College Educated

Households with Children

Source: Applied Analysis, Environics 01.2023

Desert Inn

RED ROCK CANYON NATIONAL CONSERVATION AREA

49%

Sahara

Hualapai

ock Ranch

RED ROCK VISITOR CENTER

AVERAGE HHI

$721,990 $605,000

Charleston Whole Foods

S LE AR CH

GOLF COURSES

Boca Park

Charleston Bank of Nevada

DOWNTOWN SUMMERLIN ®

NEIGHBORHOOD PARKS

120K $142,942

n

Canyon Ru

ills

Fox Hill

TOTAL ACREAGE OF THE COMMUNITY Rampart

F Faarr H ills

To wn Ce nt

Sky

Carriage Hill

Vis ta

Anas azi

ERLIN PARK SUMM WA Y

FUTURE DEVELOPMENT

OF AWARD WINNING TRAILS

HOME TO

Desert Inn

215

+

LAS VEGAS AVIATORS, VEGAS GOLDEN KNIGHTS, NEVADA BALLET THEATRE, TPC SUMMERLIN

SPRING MOUNTAIN RANGE ®

Flamingo

Flamingo

Hualapai

MOST EDUCATIONAL CHOICE

Tropicana

Russell

BUFFALO

6

RESIDENT AND PUBLIC COMMUNITY CENTERS

1 WATER PARK, 1 LIBRARY, 3 RESORTS, 1 HOSPITAL, 14 HOUSES OF WORSHIP

The Gramercy

Sunset

Maule

Fort Apache

Grand Canyon

Custom Homesites

Sunset

215

Patrick

Future Villages Residential Leasing

5

RESIDENT AND COMMUNITY POOLS

Russell

Hualapai

Border

DURANGO

Villages Currently Selling Villages Sold Out

Tropicana

FORT APACHE

FUTURE DEVELOPMENT

GRAND CANYON

BLM LAND

26 PUBLIC AND PRIVATE K-12 + 3 HIGHER LEARNING INSTITUTIONS

Summerlin is the top selling MPC in Las Vegas and Ninth Bestselling MPC in the country

Arby

7

RESIDENTIAL | OFFICE | FASHION | DINING | ENTERTAINMENT

L E S TO N R A H C W

S TO W N

TWO SUMMERLIN

CE NT ER

1700 PAVILION

ONE SUMMERLIN

THE SUITES

I-215

W

A AR H SA

8

DOWN TOWN SUMMERLIN Fashionistas, foodies, sports fans, fitness junkies and fun seekers all gather on the bustling city blocks of Downtown Summerlin®. Here, the lines between work and play are beautifully blurred.

Home to 1.2 million square feet of retail and dining offerings, four Class-A office buildings, nearly 700 posh rental residences at Constellation, Tanager and Echo, Red Rock Casino Resort & Spa, City National Arena – practice facility for the National Hockey League’s Vegas Golden Knights and Las Vegas Ballpark® – a 10,000-capacity Triple-A baseball Stadium home to the Las Vegas Aviators which hosts more than 100 events annually.

The Downtown Summerlin area hosts more than 300 special event activation days a year bringing energetic experiences to the community.

9

THE POWER OF CONNECTIVITY

400 ACRE

30+ EATERIES

100+

WALKABLE URBAN CORE

AND NUMEROUS OUTDOOR, AND PRIVATE DINING OPTIONS

NATIONAL AND LOCAL RETAIL BRANDS AND SERVICES

• HOME TO LIFETIME FITNESS, TRUFUSION, PURE BARRE AND UNLIMITED OUTDOOR FITNESS OPPORTUNITIES • EASE OF ACCESS TO ENDLESS SERVICES SUCH AS BANKS, SALONS, DENTISTS, SPAS AND SO MUCH MORE

10

15

2 Summerlin Parkway

AL L R OADS L E AD H ERE.

95

215

7 DOWNTOWN SUMMERLIN

1

D OW N TOW N S UM M E RL IN

2

S UM M E RL IN H OS P ITA L

4 .6 9 M I L E S

3

A L L E G IA N T S TA D IUM

1 6 .7 M I L E S

4

T - M OB IL E A RE N A

1 6 .8 M I L E S

5

UN LV

1 9 .1 3 M I L E S

6

HARRY REID INTERNATIONAL AIRPORT

1 7 .8 9 M I L E S

7

D OW N TOW N L A S VE G A S

1 5 .4 M I L E S

8

RE D R OCK N AT ION A L CON S E R VAT ION A RE A

2 .2 M I L E S

l vd

W Charleston Blvd

Las

Veg a

sB

8

S Valley View Blvd

S Decatur Blvd

Desert Inn Rd

S Rainbow Blvd

S Durango Dr

S To

wn C

e n te r D r

RED ROCK NATIONAL CONSERVATION AREA

S Hualapai Way

W Sahara Ave

W Flamingo Rd SUMMERLIN SOUTH

4 Las Vegas Strip

Tropicana

3

6

W Russell Rd

W Sunset Rd

5

15

215

MULTIPOINT FREEWAY AND MAJOR ARTERIAL ACCESS #4 IN THE U.S. FOR THE LEAST TRAFFIC CONGESTION AND QUALITY INFRASTRUCTURE SOURCE: WALLETHUB 2019

11

DOWNTOWN SUMMERLIN RESTAUR ANTS Bagel Nook Beer Zombies Benyeh Bonanno’s New York Pizzeria California Pizza Kitchen Capriotti’s Sandwich Shop

RED ROCK CASINO RESORT & SPA

Crazy Pita Rotisserie & Grill Dave & Buster’s

LIFE TIME FITNESS CONSTELLATION

Earl of Sandwich CITY NATIONAL ARENA

Five Guys Burgers & Fries Frankie’s Uptown Grape Street Café & Wine Bar

W

S TO N E L R CHA

TWO SUMMERLIN LAS VEGAS BALLPARK

S TO WN CE N TE R

Harlo Steakhouse & Bar IT’SUGAR JING La Neta Cocina y Lounge Lazy Dog Restaurant and Bar

PURE BARRE TRUFUSION

1700 PAVILION

Maggiano’s Little Italy Makers & Finders

TANAGER ECHO

ONE SUMMERLIN

Menchie’s

TANAGER

MACY’S

Mothership Coffee Roasters

DILLARD’S

Nekter Juice Bar

FIVE GUYS

Ori’Zaba’s Scratch Mexican Grill Pancho’s Mexican Restaurant

AMERICAN FIRST CREDIT UNION

Panda Express Pieology Pizzeria Public School 702

I-215

NEVADA STATE BANK

Red Robin Gourmet Burgers and Brews Shake Shack

W SA H AR A

Mora Iced Creamery

UPS STORE TRADER JOE’S

SkinnyFATS Sushi Loca Trattoria Reggiano True Food Kitchen Wetzel’s Pretzels

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1 9 8 0 F E S T I VA L P L A Z A D R I V E , L A S V E G A S , N E VA D A 8 9 1 3 5

13

YO U R C O R N E R

OFFICE

SUITE WITH

LEED Silver-certified

CLASS A OFFICE BUILDING CONSISTING OF APPROXIMATELY 207,292 SF

AMAZING VIEWS

One Summerlin is a 9-story Class A office building comprised of approximately 207,292 square feet of office space that

3:5:1000 PARKING RATIO, reserved parking available in a covered, multi-level parking structure along with abundant surface and customer parking

sits atop a retail ground floor base. Floor plate sizes pushing above 25,000 sf gross allows for connectivity between numerous working groups to reside in one collective space. The sleek exterior brings a modern, state-of-the-art design to the community

LEASING RATES START AT $4.00/RSF/MO., FSG

skyline. Composed of high-performance glass, maximum transparency to the stunning surrounding views of Red Rock National Conservation Area and downtown Las Vegas are enhanced while glare and heat gain to the interior is minimized. A large multi-story window

GREEN BUILDING INITIATIVES THROUGHOUT including high-efficiency air conditioning to reduce energy consumption, waste management and more

on the east and west sides, distinctively defines the two main entrances into a light-filled, promenade style lobby – seamlessly connecting the surrounding shops, restaurants, and vibrant lifestyle

CONVENIENT ACCESS

of Downtown Summerlin.

W. Charleston Blvd. and W. Sahara Blvd.

to the I-215 Beltway via

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ONE SUMMERLIN 1 9 8 0 F E S T I VA L P L A Z A D R I V E , L A S V E G A S , N E VA D A 8 9 1 3 5

S U I T E 3 3 0 | ± 2 ,1 2 9 U S F / ± 2 , 5 0 2 R S F • Available 3/1/2024 • Earlier Possession Possible via Assignment/Sublease • Reception Area • Conference Room • 4 Private Offices • Break/Copy Room • Open Bullpen Area

AVAILABLE 12/01/18

LI

Suite 340 6,382 USF 7,592 RSF LEASED Suite 300

LEASED Suite 330

El

El

N One Summerlin at DOWNTOWN SUMMERLIN LEVEL THREE

SCA�E: N.T.�

900 S. Pavilion Center Drive, Ste. 180 Las Vegas, Nevada 89144 702.946.8195 o I 702.946.8196 f 2014104 Project Number: Date:

May 2, 2018

16

ONE SUMMERLIN 1 9 8 0 F E S T I VA L P L A Z A D R I V E , L A S V E G A S , N E VA D A 8 9 1 3 5

SUITE 425 | ±1,971 USF / ±2,363 RSF • Reception Area • Conference Room • 4 Private Offices • Open Office • Copy/Break Room

NOTE: Numbers are per BOMA updated 10-13-22 and does not reflect current leases

N

17

ONE SUMMERLIN 1 9 8 0 F E S T I VA L P L A Z A D R I V E , L A S V E G A S , N E VA D A 8 9 1 3 5

SUITE 500 | ±15,525 USF / ±18,347 RSF • Reception

• Break Room

• Waiting Area

• Copy file Room

• 6 Conference Rooms

• Storage Room

• 2 Executive Offices • 23 Private Offices • IT Room

N

18

ONE SUMMERLIN 1 9 8 0 F E S T I VA L P L A Z A D R I V E , L A S V E G A S , N E VA D A 8 9 1 3 5

SUITE 930 | ±4,972 USF / ±5,952 RSF • Reception

• Open Office

• 2 Conference Rooms

• Break Area

• 7 Private offices

• Storage/Copy Room

NOTE: Numbers are per BOMA updated 10-13-22 and does not reflect current leases

N

19

1 0 8 4 5 G R I F F I T H P E A K D R I V E , L A S V E G A S , N E VA D A 8 9 1 3 5

20

LEED Silver-certified

IS THE

CLASS A OFFICE BUILDING CONSISTING OF APPROXIMATELY 147,139 SF

PERK

3:5:1000 PARKING RATIO, three (3) story parking garage including 424 parking spaces

W H E R E YO U WO R K

ULTIMATE

Two Summerlin is a 6-story Class A office building comprised of approximately 147,139 square feet of office space that

LEASING RATES START AT $3.90/RSF/MO., FSG

sits within walking distance of City National Arena, Las Vegas Ballpark and Red Rock Hotel and Casino. Floor plate sizes pushing above 25,000 sf gross allows for connectivity between numerous working groups to reside in one collective space.

GREEN BUILDING INITIATIVES THROUGHOUT including high-efficiency air conditioning to reduce energy consumption, waste management and more

CONVENIENT ACCESS to the I-215 Beltway via

W. Charleston Blvd. and W. Sahara Blvd.

21

TWO T WO SUMMERLIN SUMMERLIN

1 0 8 41 0 5 8G I FRFI FI T DRRI VI V VAESG, A SVA , NDEAV8A A 89135 4 5R G F IH T HPPEEA AK K D E ,EL, ALSAVSE G NE 9 1D 35

SSUUI T 0,,21 1824 RUS S FF I TEE 1 6 1 600 || ±±190, 2 , 18042 U RSSFF // ±1 ±9 • •Available 1, 2023 AvailableApril January 2024 • •Reception ReceptionArea Area • •1010Private PrivateOffices Offices • •22Conference ConferenceRooms Rooms • •Bullpen BullpenArea Area • •22Phone PhoneRooms Rooms • •Open OpenCollaboration CollaborationArea Area • •Supply SupplyRoom Room • •Kitchen/Break Kitchen/BreakRoom Room • •Storage StorageRoom Room

N 22

2 0 2 5 & 2 1 1 5 F E S T I VA L P L A Z A D R I V E , L A S V E G A S , N E VA DA 8 9 1 3 5

23

OFFICE ABOVE RETAIL SPACE CONSISTING OF APPROXIMATELY 33,734 SF

UNIQUE

OFFICE

ABOVE

3:5:1000 PARKING RATIO, reserved parking available in a covered, multi-level parking structure along with abundant surface and customer parking

R E TA I L S PA C E

Downtown Summerlin is part of a planned urban center, serving the entire Las Vegas

LEASING RATES START AT $2.95/RSF/MO., FSG

Valley. It includes retail, entertainment, office, hotel, and multifamily residential elements, all designed to create a vibrant, walkable urban core within the award-winning 22,500-acre Summerlin masterplanned community. Downtown Summerlin totals nearly 400 acres and

A WIDE ARRAY OF ENTERTAINMENT OPTIONS and unique dining destinations

features more than 125 stores and restaurants in the streetscape-shopping environment with pedestrian thoroughfares and dynamic storefronts.

CONVENIENT ACCESS to the I-215 Beltway via

W. Charleston Blvd. and W. Sahara Blvd.

24

B U I L D I N G L | 2 0 2 5 F E S T I VA L P L A Z A D R I V E , L A S V E G A S , N E VA D A 8 9 1 3 5

SUITE L2000

|

± 9 , 3 9 8 U S F / ±1 0 , 7 3 4 R S F

• Located above national retail Tenants Victoria’s Secret and Bath & Body Works • Unique exterior building signage opportunity available for Tenants occupying the entire floor • Grey Shell Condition

25

B U I L D I N G N | 2 1 1 5 F E S T I VA L P L A Z A D R I V E , L A S V E G A S , N E VA D A 8 9 1 3 5

SUITE N2500

|

±4 , 6 3 5 U S F / ± 5 , 5 62 R S F

• Spec Suite • Reception Area • 7 Private Offices • 1 Conference Room • Workstations • IT/Copy/Break Room • Storage Room

26

PREMIER LIFEST YLE MOST AMENITIZED AND HOUSING OPTIONS

27 27

COMMUNIT Y ENGAGEMENT BEST-IN-CLASS

28

RESTAUR ANT AND ENTERTAINMENT DESTINATION THRIVING DINING SCENE

29

Inspiration Everywhere 2

10 Leading Builders

Downtown Summerlin 4

Top 10 Reasons

Business is Easier 3

TO MOVE TO SUMMERLIN

9 Education, Taken Higher

5 The Cool Factor (Literally)

Location, Location, Location 1

Well-Being 6

8 FOMO

7 Sustainability

30 30

“The land that they have out there and the development they have out there with the views back into the valley is pretty unbelievable,” Kaval said. “So, I think that location was really spectacular and really an iconic location potentially for a ballpark. I think that was something that was a big takeaway.” —LAS VEGAS REVIEW-JOURNAL, JULY 2021

DAVE KAVAL, OAKLAND ATHLETICS TEAM PRESIDENT “When I got transferred to Las Vegas, I was worried about traffic. But that’s the great thing about the city, and especially Summerlin, where everything is close. I have a short 5-7 minute drive to City National Arena from home. Having an extra 30 minutes in the morning to sleep is a bonus.” —LAS VEGAS SUN, 2018

REILLY SMITH, VEGAS GOLDEN KNIGHTS RIGHT WING “Downtown Summerlin is a town center. Our cities are so spread out — Las Vegas, Phoenix, Los Angeles, so you don’t really have a community. A town center. That’s why I think it’s great to have the restaurant here and also events like the ice rink where the Knights play and train and also for the public. It’s amazing and creates a community.”

—INTERVIEW WITH FOLEY FAMILY WINES, 2018

WOLFGANG PUCK “Like everybody you think of The Strip, you think of all the nightlife and everything but there’s a lot more,” Marchessault said. “There’s actually a lot of people living here and the community where we live (Summerlin), it’s unbelievable. The people are nice and respectful. I’ve been in a few cities in my career and this is definitely one of the classiest places.” —USA TODAY, 2018

“I was actually taken aback about how vibrant it (business and tech community) is here and it continues to grow. You need that, it takes a village and it’s good to know that we’re in great company because there are so many good companies. The other thing is just how robust the talent pool is. Hearing from the state treasurer about the amount of engineering talent that UNLV and other great institutions are producing is a really great thing.” —VEGAS TECH SUMMIT, LAS VEGAS REVIEW-JOURNAL, SEPT 2022

DAVID YEOM, CO-FOUNDER AND CEO OF EVITE In order to recruit employees, it’s actually quite easy. Employees come here and visit and realize there’s so much more than The Strip and it’s a great place to live with families. We’ve had a lot of success bringing in more diversity with the economy and technology jobs. Once our employees get here, they love being here and being part of the community and what the Las Vegas area has to offer.” —SUMMERLIN TESTIMONIAL, 2021

PAT RAMSEY, BOARD OF DIRECTOR ARISTOCRAT TECHNOLOGIES “Establishing 1700 Pavilion as the address for our new WDD innovation center is precedent-setting in Las Vegas in terms of the quality-of-life benefits it offers our team, and how it minimizes the environmental impacts of commuting. With over 70% of our team living on the west side of the valley, we’ll be reducing our collective commuting distance by over 160,000 miles annually. WDD’s new home in Downtown Summerlin reaffirms Wynn Resorts’ commitment to Las Vegas by cementing its corporate presence here as one of the world’s most preeminent hospitality and entertainment brands.” —THE HOWARD HUGHES COMPANY PRESS RELEASE

TODD AVERY LENAHAN, PRESIDENT AND CHIEF CREATIVE OFFICER, WYNN DESIGN AND DEVELOPMENT

JONATHAN MARCHESSAULT, VEGAS GOLDEN KNIGHTS CENTER “So, to be able to give my kids a better life and follow and pursue their dreams…

We came here (Summerlin) to just kind of give ourselves a new look, a fresh start for the kids, and there’s a lot of opportunity here. I’m really excited about the future.”

—CNN, 2022

“The Howard Hughes Corporation has made a destination like no other in the country.

With its grand opening this month, all roads in Nevada lead to Downtown Summerlin.”

—DOWNTOWN SUMMERLIN GRAND OPENING, 2014

BRIAN SANDOVAL, (FORMER) GOVERNOR OF NEVADA

MARK WAHLBERG

31