Downtown:

$350 million might not be enough to save Las Vegas

Image

Christopher DeVargas

Downtown’s Container Park.

Tue, Mar 3, 2015 (2 a.m.)

There's been a lot of hubbub about the effort tech whiz Tony Hsieh and his crack team of acolytes have put into revitalizing downtown Las Vegas.

In case you missed it, Hsieh, the CEO of Zappos, in January 2012 announced that he was putting $350 million into the Downtown Project, which would fund new businesses in an economically depressed part of the city seven miles north of the Las Vegas Strip.

Hsieh’s money has already made a big splash downtown, where the Downtown Project has begun to alter the 60 acres Hsieh bought. But the last six months have showed that even $350 million might not be enough to revitalize a city.

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