What's Happening?
Boulder City is experiencing an increase in retail vacancy rates, contrary to the declining trend in the Las Vegas Valley. Deputy City Manager Michael Mays reported that vacancies in Boulder City have
risen to over 8% in 2025, compared to a decline in the Las Vegas Valley. The city council is concerned about empty retail spaces and is exploring ways to attract businesses, such as increasing tourism and leveraging redevelopment funds. The city is also considering converting the Boulder Creek Pavilion into a permanent facility using RDA funds.
Why It's Important?
The rising retail vacancies in Boulder City highlight challenges in attracting and retaining businesses, which can impact the local economy and community development. The city's efforts to increase tourism and utilize redevelopment funds are crucial in reversing this trend and fostering economic growth. Addressing retail vacancies is essential for maintaining a vibrant business environment and supporting local businesses, which are vital for the city's economic health.
What's Next?
Boulder City plans to continue promoting grant programs to local businesses and explore converting the Boulder Creek Pavilion into a permanent facility using redevelopment funds. The city aims to attract more tourists through special events and partnerships with local attractions, which could support local businesses and draw attention from other retailers. These efforts are part of a strategic plan to incentivize business growth and reduce retail vacancies.
