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3D Investments LLC Acquires Tivoli Village in Las Vegas, Taps Vestaras Operator

Tivoli Village
(Photo Courtesy Tivoli Village)

3D INVESTMENTS LLC ACQUIRES TIVOLI VILLAGE IN LAS VEGAS, TAPS
VESTAR AS OPERATOR

Vestar Announces New Tivoli Village Management Team

 

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.

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. 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.”

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. 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.

ABOUT VESTAR
As one of the leading privately-held real estate companies in the United States, Vestar acquires, develops and manages shopping and entertainment destinations that serve as community focal points. Since its inception in 1989, Vestar has earned a reputation for integrity and responsibility in the fields of retail property development, operations, leasing and marketing. Vestar’s current portfolio of retail properties totals 30 million square feet throughout the western states. For more information, please visit Vestar.com.

ABOUT 3D INVESTMENTS LLC
3D Investments LLC is a family-owned and Beverly Hills-based real estate investment company founded over 40 years ago. Since first investing in the Las Vegas market in 2010, Tivoli Village is 3D Investment’s most recent acquisition.

ABOUT TIVOLI VILLAGE
From dancing in the streets to yoga on the Piazza, old-world elegance blends seamlessly with today’s active lifestyle at Tivoli Village. Anchored by Restoration Hardware’s RH Las Vegas, the outdoor center is complemented by a curated collection of retailers ranging from luxury brands to one-of-a-kind boutiques. Enticing restaurants include local favorites such as Echo & Rig Butcher and Steakhouse, Leoné Café and El Dorado Cantina, while Kilo Club serves as an upscale members-only gym beyond traditional options. Located in one of the most affluent sections of Southern Nevada, Tivoli Village is 15 minutes from the Las Vegas Strip, conveniently situated off Summerlin Parkway. The center proudly boasts 370,000 square feet of retail and restaurants and 300,000 square feet of Class A office space. Covered parking and curbside pickup zones are provided. Restaurant and store hours vary. For more information on Tivoli Village visit tivolivillagelv.com or follow along on Instagram or Facebook.

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3D Investments LLC Acquires Tivoli Village in Las Vegas, Taps Vestaras Operator
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3D Investments LLC Acquires Tivoli Village in Las Vegas, Taps Vestaras Operator