Neonopolis about to change hands?
In downtown Las Vegas there's a slumbering giant called Neonopolis. It rests mostly unused and underutilized as far as Mayor Oscar Goodman is concerned.
The retail and entertainment center on Fremont Street has been for sale since May 2004.
It appears, as reported in today's Review-Journal, that local businessman Rohit Joshi has reached an agreement with Prudential Real Estate Investors to purchase the 250,000-square-foot shopping center that cost $100 million to construct.
However, until the deal closes escrow, mum's the word per the buyer?s contract. So you didn't hear it from us (but we'll keep you posted on the progress of the transaction).
