Retail operators at The Ogden and Juhl, iconic downtown high-rises with a combined 30,000-plus square feet of ground-floor retail, have renewed leases or are expanding, while two new retailers – Cultivate Community, and Flock & Fowl – have signed new leases to begin operations in the coming weeks (Photo credit: Flock & Fowl).
A third retail destination, The Corner Market, recently opened. Both Cultivate Community and Flock & Fowl were brought to their new destinations by Derek Belanus with Northcap Commercial.
Renewing leases at The Ogden are Oddfellows, a lively video nightclub; Bombshell , a vintage-inspired beauty salon offering the very best in hair, nails, and skincare; and Rachel’s Kitchen, serving fresh, high quality and delicious food with a gourmet touch at affordable prices. Flock & Fowl, a popular eatery known for its signature Hainanese Chicken Rice and fresh approach to all things chicken, is planning its second location inside a 2,546-square-foot space on the ground floor of The Ogden. Proprietors Sheridan Su and Jenny Wong operate the original Flock & Fowl on West Sahara close to Golden Steer Steakhouse. Su and Wong are also known for their original hit concept, Fat Choy, located inside the Eureka Casino. An opening date for Flock & Fowl at The Ogden has not yet been set but is expected this fall.
At Juhl, a multi-building community that spans an entire city block in downtown Las Vegas which boasts more than 20,000 square-feet of thoughtfully curated ground-level retail space collectively referred to as The Promenade at Juhl, Classic Jewel, a popular cocktail lounge that pays homage to Vintage Vegas while serving up new spins on classic cocktails, is expanding, adding another 1,000 square feet. The Corner Market, a community convenience store, recently opened, provides daily essentials with quick but healthy food offerings. And a new lease was recently signed for Cultivate Community, a nonprofit organization that originally began as a mural arts program to sponsor large public murals in downtown Las Vegas and the Arts District and the brainchild of Shane Terry of Taproot Holdings, Inc. Terry’s plans for Cultivate Community at Juhl include a rotating retail collection of local showcase artists that are part of the organization’s larger mural projects to provide them a space to feature and sell individual works.
According to Uri Vaknin, a partner at KRE Capital LLC, whose company, in partnership with Dune Real Estate Partners, purchased The Ogden and Juhl in 2013 as DK Las Vegas, these many positive changes signal growing success for the many boutique retail operators within the DK Las Vegas downtown communities.
“As downtown residency grows, so does the need for nearby retail and restaurants,” said Vaknin. “Located on the ground floor of our high-rise communities, these retailers enjoy immediate access to residents who literally live upstairs, as well as a growing number of visitors, both locals and tourists, alike.”
The Ogden is currently more than 67 percent sold, while Juhl, which was just brought to market with for-sale residences. “That’s a combined built-in audience of residents living in more than 600 homes who enjoy the convenience of retail, restaurant and neighborhood services without having to leave their building,” said Vaknin.
Other retailers at The Promenade at Juhl include Greens & Proteins, a modern, family friendly café featuring a menu full of healthy comfort foods, vegan, raw and vegetarian options and a smoothie and fresh juice bar; Le Pho, a Vietnamese kitchen specializing in fast, fresh and simple dishes by owner Chef Khai Vu; A/V Boutique, specializing in home theater retail and design; Downtown Décor, featuring eclectic and esoteric home furnishings and décor; JAECI, a jewelry store featuring a unique collection of inspirational jewelry; Get A Haircut, a California-based men’s barber shop that combines classic cuts with classic rock; and Galerie Miscre8, an urban gallery and supply store that combines street art with fine art.
“Downtown Las Vegas is home to a true cross-section of residents, from young professionals who are drawn to downtown and its urban contemporary aesthetic – to empty nesters and retirees seeking a new adventure and a more maintenance-free lifestyle,” said Vaknin. “The success and ongoing expansion of area retail further enhances the convenience of living downtown and helps to create a true sense of community.”