Las Vegas Redevelopment Agency is a

redevelopment agency A redevelopment agency is a government body dedicated to urban renewal. Typically it is a municipal level city department focused on a particular district or corridor that has become neglected or blighted (a community redevelopment agency or CRA) ...

whose goal is to work in concert with the community and private sector to revitalize the City of Las Vegas.

History

The city of Las Vegas Redevelopment Agency (RDA) was created in 1986 by the Nevada Legislature to help revitalize downtown Las Vegas. Although the RDA is legally a separate entity from the city, city council members sit on its board and approve projects, contracts and incentive programs. The city of Las Vegas currently has two designated redevelopment areas. Redevelopment Area 1 encompasses 4,336 acres. The area roughly includes the greater downtown Las Vegas area east of I-15, south of Washington Avenue, north of Sahara Avenue and west of Maryland Parkway. It also includes the Charleston Boulevard, Martin L. King Boulevard and Eastern Avenue corridors. Redevelopment Area 2, consisting of approximately 1,049 acres, covers Sahara Avenue from I-15 to Decatur Boulevard, Charleston Boulevard from Rancho Drive to Rainbow Boulevard, and Decatur Boulevard from Sahara Avenue to U.S. 95. An RDA designation gives the Las Vegas Redevelopment Agency the powers to redevelop, rehabilitate and revitalize an area. This designation also allows the Redevelopment Agency to provide qualified owners/operators with certain business incentives. The RDA can aid qualifying companies located within the Redevelopment Areas with federal New Markets Tax Credits funding, Tax Increment Financing, Visual Improvement Program matching grant funds and the Downtown Las Vegas Retail Assistance Program. The RDA promotes the redevelopment of downtown Las Vegas and surrounding older commercial districts by working with developers, property owners and the community to accomplish beneficial revitalization efforts, create jobs and eliminate urban decay."Downtown Las Vegas Sees a Resurgence"
KLAS-TV, June 28, 2011 The RDA coordinates with the city of Las Vegas Economic and Urban Development Department (EUD) on day-to-day operations, development, job creation and long-term strategic goals. The agency's major projects have included

Symphony Park Symphony Park is a 61-acre site located in downtown Las Vegas. Once housing a Union Pacific rail yard, Symphony Park is being master developed for mixed-use by the city of Las Vegas, which is also the landowner. Symphony Park is home to the Clev ...

, a new headquarters location for Zappos.com, development of the Fremont East Entertainment District, the Urban Chamber of Commerce Business Development Center, the Museum of Organized Crime and Law Enforcement and the new

Las Vegas City Hall Las Vegas City Hall is the center of municipal government for the City of Las Vegas, Nevada. It is located downtown ''Downtown'' is a term primarily used in North America by English speakers to refer to a city's sometimes commercial, cultura ...

public-private, mixed-use complex.

References

External links

* {{Official website, http://www.lvrda.org/ Organizations based in Nevada Organizations established in 1986 Urban planning in the United States 1986 establishments in Nevada