3D Investments Acquires Tivoli Villege Lifestyle Center in Las Vegas; Taps Vestar as operator

Andrea Blue

LAS VEGAS, NV - Vestar, the largest privately-held shopping center owner, developer and manager in the western United States, announces it has been selected by the privately-held Beverly Hills-based 3D Investments LLC to operate its recently acquired Tivoli Village, an open-air mixed-used lifestyle center in Las Vegas. 

The Restoration Hardware-anchored center, located at the corner of Rampart Boulevard and Alta Drive in the upscale western region of the Las Vegas valley, comprises nearly 670,000 square feet of Class A office, retail and restaurant space.

Sylvia Song

As third-party operators, Phoenix, Arizona-based Vestar is responsible for the implementation of the leasing, property management, operations, marketing, construction and tenant coordination strategies. 

Working with 3D Investments, it intends to build upon Tivoli Village’s existing roster of tenants by drawing a vibrant mix of new chef-driven and quick-service restaurant concepts as well as entertainment, fitness, wellness and lifestyle-focused venues to the center. 

Patrick McGinley

While expanding its options, Vestar seeks to cater to clientele comprising local residents as well as out-of-town visitors staying at hotels along the Rampart Boulevard resort corridor. 

Additionally, plans are underway to refresh and modernize the lifestyle center with additional gathering areas and revamped event spaces.

 

“Tivoli Village is a truly special place and we are excited to bring our vast expertise to the property,” said Patrick McGinley, president of management services, Vestar. 

“For more than 30 years, we have operated successful retail and lifestyle environments that become the focal point of the communities they serve. Tivoli Village will be no different and we are honored to partner with 3D Investments as we work to implement the new vision for the center.”

William Campbell

The new onsite leadership team at Tivoli Village includes the following: 

 

General manager Andrea Blue, who previously worked at Brookfield Properties where she led the team at Galleria at Sunset as general manager. Additionally, she also served as associate general manager for Fashion Show Las Vegas. 

She brings nearly two decades of experience overseeing properties to her role and aims to increase lifestyle experience opportunities at Tivoli Village by 20 percent in the next six months.

 

Sylvia Song, who served as marketing manager for Toll Brothers, director of marketing and communications for Sunrise Hospital and strategic marketing manager at Wynn & Encore Las Vegas. With more than 15 years of experience in luxury marketing, Song is passionate about showcasing Tivoli Village’s quality services and memorable experiences.

 

William Campbell, who brings more than 20 years of leadership operations experience to his role as Tivoli Village’s director of operations. He oversees day-to-day operations and creates prosperous business relations with clients, employees, internal vendors and contractors. 

Emma Medina

Over the course of his career, Campbell has earned a number of prestigious awards and accolades, including the first Chairman Service Award from MGM Resorts Corporation.

 

Assistant general manager Emma Medina, who previously served as the property’s staff accountant. She also brings experience from Prime Trust and H&R Block to her new role. 

With a passion for implementing new policies and processes to improve daily operations, Medina looks forward to continuing to make Tivoli Village the go-to destination for high-end shopping, dining and entertainment in Las Vegas.

  CONTACT:

David Ebeling

Ebeling Communications

949.861.8351

949.278.7851 (Cell)

david@ebelingcomm.com

Member of the National Association of Real Estate Editors (NAREE)

“PR Strategist for the Commercial Real Estate Industry:  I do what I love and love what I do.”

 

Vestar.com.

tivolivillagelv.com or follow along on Instagram or Facebook.

 

$3.6 Million+ Land Purchase Closes on 3.8 Acres Near Downtown Orlando, FL

Marisol Santiago Soderstrum

ORLANDO –  A local investment group recently closed on the sale of 3.87 acres in the downtown area’s historic Milk District.  

Buyer Surrey Homes USA paid $3,600,892 for the land that has been approved for 31 townhomes and nine single-family homes.

The Seller, a philanthropic team that includes Marisol Santiago Soderstrom, John Kurtz and Roger Soderstrom, Jr. purchased 4.82 acres for $2.65 million when it was only on the market a short time in 2020.  

Roger Soderstrom

Their plan in purchasing the property was to gift approximately one acre that included the 10,000 Sq. Ft. former Methodist church and fellowship hall to their H20 Church with a growing congregation.  With approvals underway, Surrey Homes then contracted for the remaining 3.87 acres. 

The  new residential infill project is bound on the south by East South Street and existing single-family homes to the east, west and north. 

 John Kurtz 

“As far as we know this is one of the largest residential land sales and infill projects in close proximity to downtown Orlando in recent years,” Kurtz said.

Surrey will get underway with their site development this fall followed by construction of townhomes with rear-entry garages served by alleyways and Craftsman-styled single-family homes. Pricing is to be determined.   

James Gamble Rogers

Christian M. Swan, president and founder of the homebuilding firm, said “Surrey Homes feels privileged for the opportunity to offer new townhomes and single-family homes for sale in the Milk District.  We couldn’t ask for a better and more compatible neighbor than the H20 Church.”

Soderstrom said members of H20 church led by Pastor Jim Poorman undertook a $250,000, year-long, restoration and renovation of the Mediterranean-style church including a sanctuary and fellowship hall designed by Winter Park architect Rodger Gambles, built in 1956.  

Many of the materials from the project’s demolition work were recycled and incorporated into the new design.  

The building improvements include a new roof, painting, stuccoing the exterior, new interior lighting, new acid-stained floors, a new sound system and a lobby with coffee bar that doubles as a meeting and workspace for the neighborhood. 

“We wanted the lobby to be a place to serve the residents of our community,” Rev. Poorman said, adding “We love downtown and are very excited to be able to stay here and serve the surrounding community.”

“Our strategy was to invest $250,000+ in the existing Spanish/Mediterranean-style church sanctuary and fellowship hall on the remaining acre and gifting them to our H20 church family,” said Kurtz.   

 The non-denominational H20 Church has been a member of the downtown Orlando community for more than two decades and previously held services for over four years in the Abby on the ground floor of the Sanctuary at 100 S. Eola Drive.  

“The overall development plan with an internal roadway network, new landscaping that preserved stately trees and the classic church restoration merges nicely with the surrounding neighborhood,” said Soderstrom, Jr.

 

CONTACTS:                                                                                                               

Roger Soderstrom, Jr., Stirling International Real Estate, 407-250-1000 or roger@stirlingire.com

John Kurtz, CCIM, Stirling International Real Estate, 407-250-1000 or Jkurtz@Stirlingire.com

Christian Swann, President / Founder, Surrey Homes USA, 407-695-2222 or cswann@surreyhomesusa.com

Rev. Jim Poorman, H2O Church, 407-489-3440, or  jim@h2ochurch.org

Beth Payan, Larry Vershel Communications 

407-461-3781 or beth@larryvershel.com