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.
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HOWARD HUGHES JIM ROUSE VICTORIA WARD GEORGE MITCHELL
OUR FOUNDERS
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.
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Our essence emerged from the passion of unique and remarkable human beings.
With over 100,000 acres across six states,
The Howard Hughes Corporation is building the cities and communities of tomorrow through their local expertise, best in class design, sustainable innovation and solid underwriting.
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.
OUR PORTFOLIO
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Summerlin NEVADA
Bridgeland TEXAS
The Woodland Hills TEXAS Columbia MARYLAND
The Seaport NEW YORK
The Woodlands TEXAS
Ward Village HAWAII Teravalis ARIZONA
4 HOWARD HUGHES STRENGTH IN NUMBERS $239M $1 .6B 2022 CONSOLIDATED REVENUE 2022 OPERATING ASSETS NOI STABILIZED NOI TARGET OF $363M (Q4 2022) 563% INCREASE FROM 2010 AS OF Q4 2022 $3.1B $627M CASH ON HAND CUMULATIVE CONDO SALES AT WARD VILLAGE (HONOLULU) 9.2M SF OFFICE AND RETAIL PORTFOLIO 5.5K MUILTIFAMILY UNITS $9.6B TOTAL ASSETS
THE INTERSECTION OF PEOPLE, PLACES AND BEAUTIFUL MOMENTS
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TOP-TEN SELLING MPC FOR NINE CONSECUTIVE YEARS
2020 MPC OF THE YEAR
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SOURCE: RCLCO | NAHB
7 RED ROCK CANYON NATIONAL CONSERVATION AREA SPRING MOUNTAIN RANGE + RED ROCK VISITOR CENTER CHARLESTON Desert Sportsman Rifle Club The Gramercy The Lakes Village Square Peccole Ranch Whole Foods Boca Park Queensridge Suncoast Casino VILLAGE TIVOLLI Angel Park Kellogg Zaher Park Desert Shores Alta Charleston Sahara Desert Inn Flamingo Russell Sunset F O R T A P A C H E BU FFA L O D U RA N G O GRAND CANYON Tropicana Patrick Arby BLM LAND FUTURE DEVELOPMENT FUTURE DEVELOPMENT 215 215 215 215 Cheyenne Lake Mead Blvd Sky Vista Fox Hill SUMMERL N PARKWAY Rampart Anasazi Canyon Run Town Center Alta Reverence Pkwy De ertHop D Red R o c k R a n c h D trese Fllihtoo s Alta Charleston Sahara Hualapai Desert Inn Flamingo Hualapai Tropicana Russell Hualapai Sunset Grand Canyon Maule Fort Apache Carr iage Hill Carriage DOWNTOWN SUMMERLIN ® Far Far Hills Bank of Nevada 5 6 Summerlin is the top selling MPC in Las Vegas and Ninth Bestselling MPC in the country Median New Home Price (year end 2022) Median Resale Price (year end 2022) College Educated Households with Children RESIDENT AND PUBLIC COMMUNITY CENTERS RESIDENT AND COMMUNITY POOLS 120K $142,942 POPULATION AVERAGE HHI $721,990 $605,000 HOME TO 49% 31% LAS VEGAS AVIATORS, VEGAS GOLDEN KNIGHTS, NEVADA BALLET THEATRE, TPC SUMMERLIN SUMMERLIN AN AWARD-WINNING COMMUNITY BUILT FROM A BIG VISION 1 WATER PARK, 1 LIBRARY, 3 RESORTS, 1 HOSPITAL, 14 HOUSES OF WORSHIP Source: Applied Analysis, Environics 01.2023 26 PUBLIC AND PRIVATE K-12 + 3 HIGHER LEARNING INSTITUTIONS MOST EDUCATIONAL CHOICE 250+ 10 22,500 NEIGHBORHOOD PARKS GOLF COURSES TOTAL ACREAGE OF THE COMMUNITY OF AWARD WINNING TRAILS 200+ MILES Villages Currently Selling Future Villages Residential Leasing Custom Homesites Border Villages Sold Out
I-215 I-215
STOWNCENTER STOWNCENTER W CHARLESTON W CHARLESTON TWO SUMMERLIN ONE SUMMERLIN THE SUITES RESIDENTIAL | OFFICE | FASHION | DINING | ENTERTAINMENT
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W SAHARA W SAHARA
1700 PAVILION
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.
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THE
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POWER OF CONNECTIVITY WALKABLE URBAN CORE NATIONAL AND LOCAL RETAIL BRANDS AND SERVICES AND NUMEROUS OUTDOOR, AND PRIVATE DINING OPTIONS
400 ACRE 100+ 30+ EATERIES • 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
ALL ROADS LEAD HERE.
#4 IN THE U.S. FOR THE LEAST TRAFFIC CONGESTION AND QUALITY INFRASTRUCTURE
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AND
ARTERIAL ACCESS
MULTIPOINT FREEWAY
MAJOR
SOURCE: WALLETHUB 2019 Summerlin Parkway W Sahara Ave Desert Inn Rd W Flamingo Rd Tropicana W Russell Rd W Charleston Blvd Las Vegas Strip LasVegas Blvd 215 S Rainbow Blvd S Durango Dr S Decatur Blvd S Valley View Blvd 15 15 215 RED ROCK NATIONAL CONSERVATION AREA 8 2 3 4 5 6 7 95 W Sunset Rd S Hualapai Way STown C e n t e r D r DOWNTOWN SUMMERLIN SUMMERLIN SOUTH 1 2 3 4 5 6 7
DOWNTOWN SUMMERLIN 4.69 MILES 17.89 MILES 15.4 MILES 2.2 MILES 16.7 MILES 16.8 MILES 19.13 MILES 8 SUMMERLIN HOSPITAL DOWNTOWN LAS VEGAS RED ROCK NATIONAL CONSERVATION AREA ALLEGIANT STADIUM T-MOBILE ARENA UNLV HARRY REID INTERNATIONAL AIRPORT
DOWNTOWN SUMMERLIN RESTAURANTS
Bagel Nook
Beer Zombies
Benyeh
Bonanno’s New York Pizzeria
California Pizza Kitchen
Capriotti’s Sandwich Shop
Crazy Pita Rotisserie & Grill
Dave & Buster’s
Earl of Sandwich
Five Guys Burgers & Fries
Frankie’s Uptown
Grape Street Café & Wine Bar
Harlo Steakhouse & Bar
IT’SUGAR
JING
La Neta Cocina y Lounge
Lazy Dog Restaurant and Bar
Maggiano’s Little Italy
Makers & Finders
Menchie’s
Mora Iced Creamery
Mothership Coffee Roasters
Nekter Juice Bar
Ori’Zaba’s Scratch Mexican Grill
Pancho’s Mexican Restaurant
Panda Express
Pieology Pizzeria
Public School 702
Red Robin Gourmet Burgers and Brews
Shake Shack
SkinnyFATS
Sushi Loca
Trattoria Reggiano
True Food Kitchen
Wetzel’s Pretzels
12 CITY NATIONAL ARENA I-215 I-215 W SAHARA W SAHARA S TOWN CENTER S TOWN CENTER W CHARLESTON W CHARLESTON
LIFE TIME FITNESS
DILLARD’S FIVE GUYS AMERICAN
TANAGER
1700
TANAGER
UPS STORE NEVADA STATE BANK LAS
RED ROCK CASINO RESORT & SPA
MACY’S
FIRST CREDIT UNION PURE BARRE TRUFUSION TRADER JOE’S ONE SUMMERLIN
TWO SUMMERLIN
PAVILION
ECHO
VEGAS BALLPARK CONSTELLATION
1980 FESTIVAL PLAZA DRIVE, LAS VEGAS, NEVADA 89135
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OFFICE SUITE YOUR CORNER
AMAZING VIEWS
One Summerlin is a 9-story Class A office building comprised of approximately 207,292 square feet of office space that 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 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 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 of Downtown Summerlin.
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CLASS A OFFICE BUILDING CONSISTING OF APPROXIMATELY 207,292 SF
LEASING RATES START AT
FSG
3:5:1000 PARKING RATIO, reserved parking available in a covered, multi-level parking structure along with abundant surface and customer parking
$4.00/RSF/MO.,
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.
WITH
LEED Silver-certified
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• Available 3/1/2024
• Earlier Possession Possible via Assignment/Sublease
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FESTIVAL PLAZA
SUITE 330 | ±2,129 USF / ±2,502 RSF
ONE SUMMERLIN 1980
DRIVE, LAS VEGAS, NEVADA 89135
• Reception
• Conference Room • 4 Private Offices • B reak/Copy Room • O pen Bullpen Area LEASED Suite 300 El One Summerlin at DOWNTOWN SUMMERLIN LI AVA LABLE 12 01 18 Suite 340 6,382 USF 7,592 RSF El LEASED Suite 330 LEVEL THREE SCA�E: N.T.� 900 S. Pavilion Center Drive, Ste. 180 Las Vegas, Nevada 89144 702.946.8195 702.946.8196 Project Number: 2014104 Date: May 2, 2018
Area
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SUITE
±1,971 USF
• Reception Area • Conference Room
4 Private Offices
O pen Office • Copy/Break Room N NOTE: Numbers are per BOMA updated 10-13-22 and does not reflect current leases
ONE SUMMERLIN 1980 FESTIVAL PLAZA DRIVE, LAS VEGAS, NEVADA 89135
425 |
/ ±2,363 RSF
•
•
• Reception
• Waiting Area
• 6 Conference Rooms
• 2 Executive Offices
• 23 Private Offices
• IT Room
ONE SUMMERLIN
1980 FESTIVAL PLAZA DRIVE, LAS VEGAS, NEVADA 89135 SUITE 500 | ±15,525 USF / ±18,347 RSF
• Break Room
• Copy file Room
• Storage Room
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N
• 2 Conference Rooms
• 7 Private offices
• Open Office
• Break Area
• Storage/Copy Room
19
SUITE
| ±4,972 USF /
ONE SUMMERLIN 1980 FESTIVAL PLAZA DRIVE, LAS VEGAS, NEVADA 89135
930
±5,952 RSF • Reception
N NOTE: Numbers are per BOMA updated 10-13-22 and does not reflect current leases
10845 GRIFFITH PEAK DRIVE, LAS VEGAS, NEVADA 89135
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IS THE ULTIMATE PERK WHERE YOU WORK
Two Summerlin is a 6-story Class A office building comprised of approximately 147,139 square feet of office space that 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.
RATES START AT
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A OFFICE BUILDING CONSISTING
APPROXIMATELY
CLASS
OF
147,139 SF
3:5:1000 PARKING RATIO, three (3) story parking garage including 424 parking spaces
LEASING
$3.90/RSF/MO., FSG
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.
LEED Silver-certified
22 TWO SUMMERLIN 10845 GRIFFITH PEAK DRIVE, LAS VEGAS, NEVADA 89135 SUITE 160 | ±10,102 RSF / ±9,284 USF • Available April 1, 2023 • Reception Area • 10 Private Offices • 2 Conference Rooms • Bullpen Area • 2 Phone Rooms • Open Collaboration Area • Supply Room • Kitchen/Break Room • Storage Room N TWO SUMMERLIN 10845 GRIFFITH PEAK DRIVE, LAS VEGAS, NEVADA 89135 SUITE 160 | ±9,284 USF / ±10,112 RSF • Available January 2024 • Reception Area • 1 0 Private Offices • 2 Conference Rooms • B ullpen Area
2 Phone Rooms
O pen Collaboration Area
Supply Room
Kitchen/Break Room
Room
•
•
•
•
• Storage
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2025 & 2115 FESTIVAL PLAZA DRIVE, LAS VEGAS, NEVADA 89135
OFFICE ABOVE UNIQUE
RETAIL SPACE
Downtown Summerlin is part of a planned urban center, serving the entire Las Vegas 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 features more than 125 stores and restaurants in the streetscape-shopping environment with pedestrian thoroughfares and dynamic storefronts.
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OFFICE ABOVE RETAIL SPACE CONSISTING OF APPROXIMATELY 33,734 SF
3:5:1000 PARKING RATIO, reserved parking available in a covered, multi-level parking structure along with abundant surface and customer parking
LEASING RATES START AT $2.95/RSF/MO., FSG
A WIDE ARRAY OF ENTERTAINMENT OPTIONS and unique dining destinations
CONVENIENT ACCESS to the I-215 Beltway via W. Charleston Blvd. and W. Sahara Blvd.
• Located above national retail Tenants Victoria’s Secret and Bath & Body Works
• U nique exterior building signage opportunity available for Tenants occupying the entire floor
• G rey Shell Condition
25 BUILDING L | 2025 FESTIVAL PLAZA DRIVE, LAS VEGAS, NEVADA 89135 SUITE L2000 | ±9,398 USF / ±10,734 RSF
26 BUILDING N | 2115 FESTIVAL PLAZA DRIVE, LAS VEGAS, NEVADA 89135 SUITE N2500 | ±4,635 USF / ±5,562 RSF • Spec Suite • Reception Area • 7 Private Offices • 1 Conference Room • Workstations • IT/Copy/Break Room • Storage Room
PREMIER LIFESTYLE
MOST AMENITIZED AND HOUSING OPTIONS
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COMMUNITY ENGAGEMENT
BEST-IN-CLASS
RESTAURANT AND ENTERTAINMENT DESTINATION
THRIVING DINING SCENE
Top
30 Education, Taken Higher 9 Inspiration Everywhere 2 Location, Location, Location 1 Well-Being 6 Downtown Summerlin 4 Leading Builders 10 The Cool Factor (Literally) 5 Sustainability 7 Business is Easier 3 FOMO 8
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TO MOVE TO SUMMERLIN 30
Reasons
“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
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
MARK WAHLBERG
“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
“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
BRIAN SANDOVAL, (FORMER) GOVERNOR OF
NEVADA
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GRAND OPENING, 2014
