Area15 developer bags $161M for expansion
The developers of Area15 have secured more than $160 million to fund their expansion of the immersive Las Vegas entertainment complex.
New York real estate firm Fisher Brothers announced this month that it closed on construction financing for Area15’s 20-acre expansion project. The $161 million in funding includes $108 million from real estate finance group North Bridge and $53 million from investment manager Acore Capital, according to a news release.
Fisher started building the new section of the popular off-Strip destination in 2023 and expects to open it this year.
The project is slated to feature a year-round horror experience from the company behind Universal Studios theme parks. It will also include a futuristic outer-space attraction from Emmy Award-winning Felix & Paul Studios that will “take guests on an epic 26th-century deep space mission across the far reaches of the cosmos,” a news release said.
Area15, on Rancho Drive near Desert Inn Road, opened in 2020 and has drawn more than 13 million visitors, according to the developers.
It features Meow Wolf’s Omega Mart interactive art experience and other attractions, including, starting in February, the John Wick Experience.
Inspired by the blockbuster “John Wick” hitman movie franchise starring Keanu Reeves, the Las Vegas experience promises a “dangerous and captivating world” where “loyalty is tested, alliances are forged, and danger is just a breath away,” according to a news release.
Contact Eli Segall at esegall@reviewjournal.com or 702-383-0342.
