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Thursday, July 17, 2014

Developer Secures $312 Million Loan for Summerlin Mall, Office Project

With the security of a near $312 million loan, developer Howard Hughes Corp. can continue to finance its construction on the new Downtown Summerlin project.  The massive retail and office project near Red Rock Resort, formerly referred to as the Shops at Summerlin, is now part of the broader Downtown Summerlin Project.  The Project is being pitched as a pedestrian-friendly "urban center" with over 125 shops and restaurants that are slated to open October 9 of this year.

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Photo: L.E. BASKOW

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