VEGAS INC archives
Green Valley Town Center in Henderson will receive a much-needed boost when Galaxy Theatres opens an eight-screen, 40,700-square-foot cineplex there in October.
Officials from American Nevada Company, which owns the retail center, also announced the addition of Las Vegas Buffet, a Chinese restaurant that will take over 9,400 square feet on the west end of the development before the end of the year. Las Vegas Buffet is owned by C & J Express, based in Southern California.
The 70-acre, 117,900-square-foot Green Valley Town Center sits on the north side of Sunset Road between Mountain Vista Street and Green Valley Parkway. It is owned by American Nevada, part of The Greenspun Corporation, which owns VEGAS INC and the Las Vegas Sun.
The theater will energize the center and help attract more traffic, said Charles Van Geel, American Nevada’s vice president of commercial leasing and sales. The theater will go into a vacant space that used to be occupied by another movie theater company.
The theaters will offer “a true state-of-the-art film experience, yet at regular prices,” Josselyn said.
Galaxy plans to install stadium seating and is seeking approval to sell beer and wine.
The center’s current anchor tenant is the 21,500-square-foot Barley’s Casino and Brewing Co., which American Nevada President Phil Ralston said “continues to have a strong presence.”
“With the addition of the theater, those two anchors provide an opportunity for revitalization,” Ralston said. “As that happens, we’ll see the re-creation of a place families used to go to have fun and an increase in jobs.”
When Green Valley Town Center opened in the 1990s, it was in the heart of a primary Henderson business district and bustled with restaurants, movie theaters and retail shops. But the proliferation of big-box stores and the development of nearby Stephanie Street, along with the completion of the I-215 corridor, diluted interest in the plaza. Shoppers, diners and movie-goers began to explore new options. Traffic at the center declined, and tenants fled for other suburban locations.
Ralston said American Nevada considered new developments and tenants for the center before the real estate downturn, but those plans were put on hold when the economy crashed. The company now hopes to fill the center’s remaining 57,000 square feet of space.
“By coupling Galaxy Theatres, Barley’s and the Smith’s grocery store, we’re revitalizing the location to once again be the dominant shopping center for residents of Green Valley,” Van Geel said.