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Matter Moves Forward on $400M Las Vegas MXU

Construction financing was secured for UnCommons, a first-of-its kind mixed-use development in southwest Las Vegas being developed by San Diego-based Matter Real Estate Group. The $400-million project is set to break ground in spring 2020, and be completed in fall 2021.

The curated office, restaurant, food hall, lifestyle and residential offerings, designed by Gensler, will be complemented by a pedestrian trail, multi-purpose conference center and inspirational art, all situated on a walkable 40-acre site at Durango Dr. and I-215.

Phase I of UnCommons includes nearly 200,000 square feet of office space, a variety of popular new eateries and a food hall. Lifestyle and entertainment uses in this $250-million phase include a variety of fitness studios and a luxury movie theater, plus an additional 382 urban-style apartment units.

Lender Mosaic Real Estate Investors assisted Matter to complete the acquisition and facilitate the construction launch. CBRE’s Michael Newman is managing the office leasing.

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About Dennis Kaiser

Dennis Kaiser is Vice President of Content and Public Relations for Connect Commercial Real Estate. Dennis is a communications leader with more than 30 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect’s client content operations and is involved in a range of initiatives ranging from content strategy, message development, copywriting, media relations, social media and content marketing services. In his most recent corporate communications roles, he led a regional public relations effort across Southern California for CBRE, played a key marketing role on JLL’s national retail team, and was responsible for directing the global public relations effort at ValleyCrest, the nation’s largest commercial landscape services company. In addition to his vast commercial real estate experience, Dennis has worked on communications and launch strategies for a number of residential projects such as Disney’s Celebration in Florida, Ritter Ranch in Palmdale California (7,200 homes, 22,000 acres), WaterColor in Florida and PremierGarage in Phoenix. Dennis’s agency background included firms such as Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, BoyScouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and Thunderbirds Charities.

  • ◦Financing
  • ◦Development
  • ◦Sale/Acquisition
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