UnCommons, the $400 million mixed-use development project by Matter Real Estate Group, begins Phase II construction in Las Vegas. Phase II will have a 5,000-square-foot conference center, two office buildings totaling 180,000 square feet, and an additional parking garage with nearly 750 parking stalls. The construction is expected to be completed by summer 2023.
These additional buildings will have connected patio balconies, allowing for the option for companies to enhance their spaces with “super floors” that are up to 45,000 square feet.
Several tenants have committed to move into the spaces within UnCommons’ Phase I office buildings beginning early summer, including CBRE, Morgan Stanley, BDO and Sotheby’s International Realty. DraftKings also announced late last year that it will occupy 90,000 square feet within UnCommons, for what will serve as the North America headquarters for the digital sports entertainment and gaming leader.
Phase II will bring UnCommons to more than 335,000 square feet of modern office space. Once the construction of the second and third phases has been completed, UnCommons will have a total of five office buildings and four parking garages. And it will be the first development in Nevada built to WELL™ Certification, the highest third-party endorsement of a building’s performance and protection of employee health.
“The start of UnCommons’ second phase builds upon the remarkable progress that has been made since we broke ground last year,” said Matter Real Estate Group VP of Strategic Partnerships Tom van Betten. “We continue to experience demand for high-quality, connected workspaces in southern Nevada, and the addition of these next two buildings will provide a favorable option for the area’s leading businesses.”