Juno Plans Fall 2014 Opening for Bazaar-Flavored Retail Project on the Strip

With the office market showing signs of life and the residential market having its best year since the downturn, Las Vegas’ retail market has also seen important boosts in terms of new projects and completions. One of the largest projects of its kind, the Grand Bazaar Shops will attempt to breathe new air into the Las Vegas Strip’s retail profile, betting big on a vibrant new concept of commerce, right at the entrance to Bally’s Las Vegas.

With office investment and leasing showing new life and the residential market enjoying its strongest year since the recession, innovative projects are likewise infusing new energy into Las Vegas’ retail scene. One of the largest of those projects, the Grand Bazaar Shops, is betting on a vibrant new concept that will be located at the entrance to Bally’s Las Vegas.

Developed by a team including Juno Property Group, Perella Weinberg Partners, Glincher Capital Group and Caesars Entertainment, the 55,000-square-foot project will accommodate about 150 shops when it opens next fall.

Most stores will range in size from 150 to 300 square feet; a few larger venues will offer spaces in the 1500- to 2000-square-foot range. The lineup of retailers will emphasize lifestyle products like apparel, footwear, eyewear, health and beauty, electronics and entertainment.  

Located on a heavily traveled two-acre site at the intersection of Flamingo Road and Las Vegas Boulevard, Grand Bazaar Shops will count Caesars Palace, Flamingo Las Vegas and Paris Las Vegas among its neighbors. According to its developer, the retail center will rely on the appeal of smaller, more interactive shops, as well as its bold and colorful design features, in order to attract as many of the 20 million visitors that cross the area every year.

International marketplaces inspired Juno Property Group Chairman Larry Siegel to create the concept, which will evoke traditional sights, sounds and smells of bazaars around the world. Signature design elements include a Swarovski Crystal Starburst and rooftop mosaic-like rooftop drawings.