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Queensridge Retail Gets New Investment, Name

LAS VEGAS-The 30-acre mixed-use development here gets a new name shortly after Israeli-based IDB Holdings Corp. ups its stake in the $850-million project due to open in spring 2009.

By Brian K. Miller | Updated on April 30, 2008

LAS VEGAS-Just now coming out of the ground, the 700,000-sf Village at Queensridge mixed-use development here has some extra cash on hand and a new name, Tivoli Village at Queensridge.

The name change is in response to what project developer Executive Home Builders says has been an evolution in the design, construction and tenant mix that is now being implemented thanks to an additional investment in the project by IDB Development Corp., Israel’s leading holding company, and its affiliate, Property & Building Corp. Ltd.

“IDB has allowed us to successfully develop the vision of the adjacent One Queensridge Place,” says Patrick Done, an executive vice president with the developer, Executive Home Builders. “As they saw its architectural intricacies come to life, they upped their commitment to Tivoli Village, positioning this development to proceed forward aggressively.”

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