Las Vegas’ $7.5B Project Aims to Redefine the Smart City

Main Photo: The Bleutech Park Project – imagined

Date: August 2019

Location: Bleutech Park, Las Vegas, Nevada, USA

Name: Bleutech Park

No. of Keys: TBA

Seller: TBA

Buyer: Bleutech Park Las Vegas, a $7.5 billion project aimed at creating a mixed-use mini-city with net-zero buildings that will feature renewable energy, artificial intelligence, augmented reality, Internet of Things, robotics, autonomous transportation and self-healing concrete structures, is scheduled to break ground in December. The smart city is expected to take six years to build out.

The ambitious digital infrastructure city, the first of its kind in the world, is sponsored by Bleutech Park Properties, a REIT that is supported by institutional investors and private equity investments.

Strategic partners include technology leader Cisco and contractor Martin-Harris Construction. Melvin Green, principal at KME Architects, is the local architect of record. Las Vegas developer Khusrow Roohani has been a driving force in bringing the project to the city. Bleutech Park Las Vegas is expected to create more than 25,000 jobs and provide on-the-job training programs for workers to learn state-of-the-art technology and construction techniques.

The mixed-use project will feature workforce housing, office and retail space, luxury residential, hotel and entertainment venues while also showcasing energy generation and storage, waste-heat recovery, water purification, on-site waste treatment and localised air cleaning. Bleutech says the development will use new technologies that will alter the future of construction design.

Flooring within the complex will capture and reuse the energy of human movement throughout the spaces, including common areas and parking structures. Photo-voltaic glass will be standard in all the structures, turning the building exteriors into single solar panels. Resources for heating, cooling, lighting and electricity will be harvested on-site, while robotics will provide security through biometrics and other technologies.

THPT Comment: Apart from having a hotel element, it is the eco, net-zero buildings, renewable energy, A-I aspect to this story that we present it here, a thing that we at The Hotel Property Team are keen to promote via these postings.

First Seen: Commercial Property Executive

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