The Howard Hughes Corporation® has announced it has completed a deal for a 180,000-square-foot build-to-suit campus for Aristocrat Technologies in Summerlin.
The Howard Hughes Corporation® has finalized a 15-year, build-to-suit lease with Aristocrat Technologies, Inc., allowing the leading gaming solutions provider to consolidate several of its Las Vegas facilities to a new campus in the Summerlin master-planned community.
Aristocrat’s new campus will be located minutes away from Downtown Summerlin®, reflecting the growth of commercial offerings in the community’s urban core as Summerlin continues to gain appeal as a place to live, work and play.
The relocation is in line with the growing corporate trend to locate workplaces closer to where employees live in an effort to shorten commutes and boost quality of life.
“With the continued growth of Downtown Summerlin, the community is becoming an even more appealing destination to live, work, and play,” said David R. Weinreb, Chief Executive Officer of The Howard Hughes Corporation. “Aristocrat is an excellent addition to Summerlin. The company’s employees will be able to enjoy the amenities our community has to offer, from nearby walking trails and parks to the exceptional shopping, dining and entertainment options at Downtown Summerlin, located just minutes from the new Aristocrat campus.”
More than 600 Las Vegas-based Aristocrat employees, currently housed in multiple buildings located on Warm Springs Rd. west of the 215 Beltway entrance, are expected to make the move to the new Summerlin campus once it is complete in late 2018.
“The Aristocrat team evaluated a significant number of options for relocation across the Valley. We are very pleased to be working on this project with The Howard Hughes Corporation as they share our vision for building a best-in-class facility. The location we have selected in Summerlin will enable us to provide our employees and our customers with a world-class facility,” said Aristocrat Executive Vice President and General Counsel Mark Dunn.