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  5. ›AFFORDABLE LIVE/WORK ARTIST HOUSING

Nevada Government·Nevada

AFFORDABLE LIVE/WORK ARTIST HOUSING

Closes 3/25/2026$10M – $50MRequest for Proposal
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Description

The City of Las Vegas Department of Economic and Urban Development is seeking proposals for the development of a 1.23-acre site near the 18b Arts District in Downtown Las Vegas. The project aims to create a mixed-use development that includes affordable live/work artist housing. The proposed development should be a one-of-a-kind project that complements the creative center of Downtown Las Vegas. • The site is located near the iconic Las Vegas Boulevard • The development should include affordable live/work artist housing • The project is a mixed-use development • The site is 1.23 acres in size • The development should be a unique project that fits in with the creative center of Downtown Las Vegas

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Contact

Tracy Reich(Redevelopment Manager)

treich@lasvegasnevada.gov

(702) 229-6551

Key dates

Opened
1/14/2026
Closes
3/25/2026

Last updated

Details

Type
Request for Proposal
Industry
Real Estate
NAICS
531190
Solicitation №
RFP- EUD 1/14/2026

Budget estimate

$10,000,000 – $50,000,000

Given the size of the site (1.23 acres) and the type of project (mixed-use development with affordable live/work artist housing), the budget for this project could be substantial. The cost of land acquisition, construction, and other development expenses will likely be high. However, without more specific information on the project's scope and budget, it's difficult to provide an accurate estimate. Assuming a moderate to high-density development with a mix of residential and commercial units, the total project cost could be in the range of $10 million to $50 million. The city may provide some incentives or funding for the project, which could affect the budget. The selected developer will likely need to invest significant resources in the project, including construction costs, land acquisition, and other expenses. The budget will depend on various factors, including the project's revenue streams, operating costs, and financing terms.

AI estimate from the solicitation

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