Las Vegas Redevelopment Agency Meeting - October 27, 2026

The Redevelopment Agency committee met with a quorum, chaired by Chair Doherty. Members present included Cherry, Schlottman, Neldberg, Riley, Ortiz Thompson, and Edmund Drew; Member Johnson was excused. Staff reports covered opportunity zone nominations, redevelopment incentive program outcomes, and project updates. No agenda or minutes were available; this summary is based solely on the meeting transcript.

Consent Calendar

• Approved the final minutes by reference of the regular meeting of July 28, 2026, on a unanimous voice vote (all in favor, none opposed).

Discussion Items

• Opportunity Zones 2.0 status: Tracy Reich, redevelopment manager, reported that nominations are in a "back and forth" with the state, with a final list expected in about a month. In response to a question, she said a census-tract issue on the historic West Side was addressed so the tract covers the whole historic West Side. She clarified the city made nominations to the state, not a federal agency.
• Incentive program history: Ms. Reich reported 31 security grants, 14 visual improvement program grants, 1 electrical utility improvement program grant, 3 multifamily renovation projects, and 7 owner participation agreements. The new tenant improvement program grew out of four owner participation agreements used for tenant improvements. She stated that no application has ever been rejected once it reached the board; applications drop out mainly when work is already complete, when approval timing conflicts with developer schedules, or when applicants choose not to proceed. Incomplete information and the three-bid requirement are the leading causes of delays; a complete application typically takes 45 to 60 days. She estimated total incentive disbursements for FY 2025-26 were "a little over a million" dollars.
• Electrical utility improvement program: Ms. Reich described it as assisting very large projects that must underground or relocate utilities, with NV Energy-approved plans required. A member encouraged outreach to landlords and asked for a pitch on why undergrounding improves property value; Ms. Reich said "let's work on that."
• Redevelopment area updates: Ms. Reich said the downtown assemblage RFP is active and closes December 16, covering 11 acres; a media push runs through mid-November. Work is beginning on Redevelopment Area 3, with incentives possible in the next couple of months. A developers round table is planned for November, and ULI placemaking grant awards are scheduled for November 10.
• Concerns about downtown assemblage: Several members stressed that the downtown site should be held for a significant project rather than settled for an under-scaled development. Ms. Reich said she has declined proposals for single-family homes and tiny homes; minimum heights of five stories, or three in some areas, apply.
• "Art project" status: Ms. Reich said negotiations with the selected developer are ongoing; a contractor's bid using an unrecognized prevailing-wage category increased pricing 45%, and the project has gone back out to rebid.
• Future agenda topics: Members proposed future agenda items on security (citing 31 security grants, four shootings in two months, and increased lease breaks), additional incentive program ideas, revisiting topics previously discussed, and sanitation service in high-traffic areas. No action was taken on these proposals.

Key Outcomes

• Approved the July 28, 2026 minutes (unanimous).
• Received staff reports on opportunity zones, incentives, and redevelopment projects.
• Staff agreed to bring updates on the downtown assemblage/RFP and the art project to a future agenda.
• No formal action was taken on future agenda topic requests beyond the directive to consider scheduling them.