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Grand Canal Shoppes

Coordinates: 36°7′17″N 115°10′10″W / 36.12139°N 115.16944°W / 36.12139; -115.16944
From Wikipedia, the free encyclopedia
(Redirected from The Shoppes at the Palazzo)
Grand Canal Shoppes
Mall exterior outside of Palazzo, 2015
Map
LocationParadise, Nevada, United States
Coordinates36°7′17″N 115°10′10″W / 36.12139°N 115.16944°W / 36.12139; -115.16944
Address3377 Las Vegas Boulevard
Opening dateJune 16, 1999; 25 years ago (1999-06-16)
DeveloperLas Vegas Sands
ManagementBrookfield Properties
OwnerBrookfield Properties
No. of stores and services208
Total retail floor area736,228 sq ft (68,397.8 m2)
No. of floors3
Websitegrandcanalshoppes.com

The Grand Canal Shoppes is an upscale shopping mall inside the Venetian and Palazzo resorts on the Las Vegas Strip in Paradise, Nevada, United States.

The Grand Canal Shoppes opened on June 16, 1999, shortly after the Venetian. The mall has many designer and upscale boutiques, and includes indoor canals, where gondolas take people around the facility. Live performances can also be found throughout the mall.

A second mall, The Shoppes at the Palazzo, opened on January 18, 2008, and has since been rebranded as part of the Grand Canal Shoppes. In total, the facility features more than 200 tenants and 875,000 sq ft (81,300 m2).

History

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The Grand Canal Shoppes are part of the Venetian resort, both developed by Las Vegas Sands. The Venetian opened on May 4, 1999,[1] although several features were still under construction, including the Grand Canal Shoppes.[2] The mall's opening was rescheduled several times, delayed in part by county inspections of fire safety systems. It eventually opened on June 16, 1999, with 16 of 72 tenants.[3][4] The $300 million mall was built on the Venetian's second level, above the casino floor.[3] It was managed by Forest City Enterprises, which also held ownership in two other Las Vegas area retail centers: Showcase Mall and Galleria at Sunset.[5]

In 2004, Las Vegas Sands sold the mall to General Growth Properties (GGP) for $766 million.[6][7] The sale helped Las Vegas Sands to finance construction of The Palazzo, a sister resort to the Venetian.[8][9] GGP agreed to pay an additional $600 million for future retail space in the Palazzo.[10] The Shoppes at the Palazzo opened on January 18, 2008, though with less tenants than expected,[11] due to construction delays.[12] The Shoppes at the Palazzo have since been rebranded as part of the Grand Canal Shoppes.[13][14]

As of 2008, the Grand Canal Shoppes at the Venetian averaged 20 million visitors a year.[15] In 2013, GGP sold half of its interest in the Grand Canal Shoppes, including the Shoppes at the Palazzo, for net proceeds of $410 million as part of a new joint venture with TIAA-CREF.[16] GGP was acquired by Brookfield Properties in 2018.[17]

Features

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The Grand Canal Shoppes originally contained 500,000 sq ft (46,000 m2).[5] The mall interior is a recreation of St. Mark's Square and features a sky painted ceiling.[5][18] The resort's canal and gondola rides travel through the mall.[19][20][21] Numerous performers provide free entertainment around the mall, including acrobats, living statues, opera singers, and stilt walkers.[22][23][24] The Grand Canal Shoppes was focused on upscale stores, including Jimmy Choo, Pal Zileri, Ann Taylor, and Kenneth Cole Productions.[5][25]

The Shoppes at the Palazzo measured 450,000 sq ft (42,000 m2).[26] In total, the two malls feature 208 tenants and 875,000 sq ft (81,300 m2), including 736,228 sq ft (68,397.8 m2) of retail space.[17] The Palazzo side of the mall, like the Venetian, also featured high-end retailers, including Cole Haan and Piaget.[27] Its anchor store was a three-level, 85,000 sq ft (7,900 m2) Barneys New York,[28] which announced its closure in 2019, after the company filed for Chapter 11 bankruptcy.[29]

One of the mall's earliest restaurants, WB Stage 16, was a themed eatery which also included a lounge and a private screening room for parties. The restaurant area was themed after four Warner Bros. films, including Gold Diggers of 1933, Casablanca, Ocean's 11 and Batman.[30][31]

A risqué nightclub, known as the Act, opened in 2012,[32][33] as a Las Vegas outpost of the Box in New York and The Box Soho in London. The club struggled financially, and Las Vegas Sands sought to evict it, alleging obscene and sexual acts.[34][35] It closed in 2013.[36][37] Atomic Saloon Show, developed by Spiegelworld, opened in 2019, taking over the former Act space.[38][39][40]

Chef Buddy Valastro opened a restaurant in 2013.[41][42] Dal Toro, a restaurant and exotic car showroom, operated until 2016.[43][44][45] An ice bar was opened the following year.[46] In 2019, Smith & Wollensky opened a 15,000 sq ft (1,400 m2) restaurant and lounge,[47] while Rick Harrison of Pawn Stars opened a high-end gallery of miscellaneous items.[48]

In 2021, PanIQ Escape Room opened a location at the mall that includes cocktail service.[49][50] Villa Azur, a small chain of restaurants originating in South Beach, eventually opened a location at the Grand Canal Shoppes in 2022. Villa Azur is a European restaurant and lounge featuring live entertainment.[51][52][53] Flight Club, a 16,000 sq ft (1,500 m2) bar and darts facility, also opened in 2022. It includes a 27-seat bar designed to resemble a carousel.[54][55][56]

[edit]
  • Grand Canal Shoppes (2021)
    Grand Canal Shoppes (2021)
  • Gondola ride
    Gondola ride
  • A restaurant in the Grand Canal Shoppes
    A restaurant in the Grand Canal Shoppes
  • Living statue performer in the Grand Canal Shoppes
    Living statue performer in the Grand Canal Shoppes
  • Palazzo shops
    Palazzo shops

References

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  1. ^ Berns, Dave (May 5, 1999). "Venetian's full opening delayed again". Las Vegas Review-Journal. Archived from the original on October 8, 2000.
  2. ^ Smith, Hubble (June 7, 1999). "Venetian construction vexes tourists". Las Vegas Review-Journal. Archived from the original on October 14, 2000.
  3. ^ a b Wilen, John (June 15, 1999). "Venetian retail mall to open Wednesday". Las Vegas Sun. Retrieved May 15, 2023.
  4. ^ "Today's retail opening to include 25 to 30 shops". Las Vegas Sun. June 16, 1999. Retrieved May 15, 2023.
  5. ^ a b c d Wilen, John (May 4, 1999). "Venetian brings unique retail element to Strip". Las Vegas Sun. Retrieved May 15, 2023.
  6. ^ Jones, Chris (April 13, 2004). "The Strip: Venetian finds buyer for its mall". Las Vegas Review-Journal. Archived from the original on January 29, 2005.
  7. ^ Jones, Chris (August 21, 2004). "Massive Merger: Mall giant bids for LV empire". Las Vegas Review-Journal. Archived from the original on October 29, 2004.
  8. ^ "Venetian ponders sale of Grand Canal Shoppes". Las Vegas Sun. January 13, 2004. Retrieved May 15, 2023.
  9. ^ Smith, Rod; Jones, Chris (January 13, 2004). "Grand Canal Shoppes: Venetian may sell mall". Las Vegas Review-Journal. Archived from the original on October 30, 2004.
  10. ^ "Mall developer opens wallet". Las Vegas Review-Journal. May 13, 2007. Retrieved May 17, 2023.
  11. ^ Spillman, Benjamin (January 18, 2008). "Shiny new Shoppes at Palazzo". Las Vegas Review-Journal. Retrieved May 17, 2023.
  12. ^ Spillman, Benjamin (March 29, 2008). "Initial payment for Palazzo falls short". Las Vegas Review-Journal. Retrieved May 17, 2023.
  13. ^ "Annual Report". U.S. Securities and Exchange Commission. 2020. Retrieved May 18, 2023. The Venetian Resort Las Vegas features an enclosed retail, dining and entertainment complex, referred to as the Grand Canal Shoppes. The portion of the complex located within The Venetian Tower (previously known as 'The Grand Canal Shoppes') and the portion located within The Palazzo Tower (previously known as 'The Shoppes at The Palazzo') were sold to GGP Limited Partnership ('GGP') in 2004 and 2008, respectively.
  14. ^ "Map directory". Grand Canal Shoppes. Retrieved May 18, 2023.
  15. ^ Spillman, Benjamin (May 21, 2008). "Developers find retail haven in LV". Las Vegas Review-Journal. Retrieved May 19, 2023.
  16. ^ "General Growth Sells Mall Stake for Net Proceeds of $410 Million". Bloomberg.com. 16 May 2013.
  17. ^ a b "Grand Canal Shoppes". Brookfield Properties. Retrieved May 19, 2023.
  18. ^ Whitely, Joan (February 7, 1999). "Vegas Goes Venice". Las Vegas Review-Journal. Archived from the original on June 17, 2001.
  19. ^ Macy, Robert (February 2, 1999). "New $1.5 billion resort captures a taste of Venice". Las Vegas Sun. Retrieved April 14, 2023.
  20. ^ White, Ken (February 4, 2000). "Like the Real Thing: Venetian's gondola rides offer patrons a slice of Italy". Las Vegas Review-Journal. Archived from the original on June 17, 2001.
  21. ^ Dretzka, Greg (May 22, 1999). "Vegas Adds More Luxury to the Lunacy". Chicago Tribune. Retrieved May 5, 2023.
  22. ^ Katsilometes, John (March 17, 2021). "'Streetmosphere' returning live entertainment to Venetian". Las Vegas Review-Journal. Retrieved May 15, 2023.
  23. ^ Padgett, Sonya (September 28, 2000). "The Strip: Standing Still". Las Vegas Review-Journal. Archived from the original on July 8, 2001.
  24. ^ Levitan, Corey (July 31, 2006). "Living Statue: Don't Move". Las Vegas Review-Journal. Archived from the original on December 25, 2008.
  25. ^ "Designer shops open on LV Strip". Las Vegas Sun. September 21, 1999. Retrieved May 15, 2023.
  26. ^ Stutz, Howard (October 18, 2007). "Palazzo welcomes aboard its first 64 new hires". Las Vegas Review-Journal. Retrieved May 15, 2023.
  27. ^ Benston, Liz (January 27, 2008). "Weak dollar fuels high-end Palazzo retailers' optimism". Las Vegas Sun. Retrieved May 17, 2023.
  28. ^ "The Palazzo celebrates its grand opening in style". Las Vegas Review-Journal. January 24, 2008. Retrieved May 15, 2023.
  29. ^ Hudson, Subrina (August 6, 2019). "Barneys' Las Vegas store to close as company seeks bankruptcy protection". Las Vegas Review-Journal. Retrieved May 18, 2023.
  30. ^ "WB Stage 16 eatery brings Hollywood to life". Travel Weekly. December 31, 1999.
  31. ^ White, Ken (January 21, 2000). "Off the Screen: WB Stage 16 brings movie lots to life at Venetian". Las Vegas Review-Journal. Archived from the original on June 17, 2001.
  32. ^ Elfman, Doug (October 26, 2012). "New Palazzo club The Act blends variety acts, circus skills, dance and musical theater". Las Vegas Review-Journal. Retrieved May 17, 2023.
  33. ^ Glaser, Sam (October 31, 2012). "Simon Hammerstein brings suggestive show-club the Act to Palazzo". Las Vegas Weekly. Retrieved May 16, 2023.
  34. ^ Katsilometes, John (October 13, 2013). "Final Act: Nightclub at Palazzo closes after run-ins with parent company". Las Vegas Sun. Retrieved May 16, 2023.
  35. ^ "Vegas club called obscene as Palazzo tries to evict it". The Mercury News. Associated Press. August 29, 2013. Retrieved May 16, 2023.
  36. ^ Clarke, Norm (October 14, 2013). "No more performances for controversial The Act nightclub". Las Vegas Review-Journal. Retrieved May 16, 2023.
  37. ^ Stapleton, Susan (October 14, 2013). "Naughty The Act Abruptly Shutters Over the Weekend". Eater. Retrieved May 18, 2023.
  38. ^ Katsilometes, John (March 1, 2019). "'The Atomic Saloon Show' to open on the Las Vegas Strip". Las Vegas Review-Journal. Retrieved May 17, 2023.
  39. ^ Radke, Brock (November 7, 2019). "'Atomic Saloon Show' makes use of its memorable surroundings - Las Vegas Weekly". Las Vegas Weekly. Retrieved May 17, 2023.
  40. ^ Katsilometes, John (March 22, 2021). "'Atomic Saloon Show' sets a Cinco de Mayo return". Las Vegas Review-Journal. Retrieved May 15, 2023.
  41. ^ Jones, Jay (May 31, 2013). "Las Vegas: 'Cake Boss' to open first eatery Buddy V's on the Strip". Los Angeles Times. Retrieved May 9, 2023.
  42. ^ Jones, Jay (September 25, 2013). "Las Vegas: The Cake Boss' restaurant, Buddy V's, to open Oct. 7". Los Angeles Times. Retrieved May 9, 2023.
  43. ^ "Lamborghini sues Palazzo tenants over trademark". VegasInc. July 14, 2011. Retrieved May 18, 2023.
  44. ^ Green, Steve (February 23, 2012). "Las Vegas restaurant agrees to drop use of Lamborghini trademarks". VegasInc. Retrieved May 18, 2023.
  45. ^ Martin, Bradley (July 20, 2016). "Dal Toro Ristorante Has Zoomed Out of the Palazzo". Eater. Retrieved May 18, 2023.
  46. ^ Millward, Wade Tyler (March 24, 2017). "Minus5 ice lounge opening new location in Las Vegas". Las Vegas Review-Journal. Retrieved May 18, 2023.
  47. ^ Knapp Rinella, Heidi (May 16, 2019). "Smith & Wollensky opens at new Las Vegas Strip spot". Las Vegas Review-Journal. Retrieved May 18, 2023.
  48. ^ Katsilometes, John (September 12, 2019). "'Pawn Stars' star Rick Harrison opens first Las Vegas Strip store". Las Vegas Review-Journal. Retrieved May 18, 2023.
  49. ^ Martin, Bradley (July 9, 2021). "Paniq Escape Room and Lounge Prepares to Open at the Grand Canal Shoppes". Eater. Retrieved May 17, 2023.
  50. ^ Mateos, Evelyn (May 6, 2022). "Escape room PanIQ Room brings challenges, and cocktails, to Vegas". Las Vegas Weekly. Retrieved May 17, 2023.
  51. ^ Stapleton, Susan (February 2, 2022). "A Restaurant With a Dinner Party Vibe and South Beach Roots Heads to the Strip This Summer". Eater. Retrieved May 15, 2023.
  52. ^ Karel, Janna (November 30, 2022). "If You're Too Old for a Club but Still Want to Party, This Restaurant Might Save Your Night". Eater. Retrieved May 15, 2023.
  53. ^ Wright, Johnathan L. (November 22, 2022). "South of France meets South Beach at new Strip restaurant". Las Vegas Review-Journal. Retrieved May 10, 2023.
  54. ^ Cruz, Martha (September 1, 2022). "New 'Flight Club' carousel bar to open in November on Las Vegas Strip". KSNV. Retrieved May 17, 2023.
  55. ^ Mateos, Eveylyn (January 19, 2023). "Elevated darts experience Flight Club targets the Las Vegas Strip". Las Vegas Weekly. Retrieved May 17, 2023.
  56. ^ Szydelko, Paul (February 5, 2023). "Darts with a high-tech touch at Flight Club Las Vegas". Travel Weekly. Retrieved May 17, 2023.
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