Economic Development Investment Strategy - City of Las Vegas

C i t y o f L a s V e g a s | E c o n o m i c D e v e l o p m e n t I n v e s t m e n t S t r a t e g y
1. GOAL: Strengthen & expand the Las Vegas Medical District.
The Las Vegas Medical District has the potential to play a greater role in driving city and regional economic
growth. It can also serve as a catalyst of urban renewal. This will require investing in infrastructure
development; expanding the district boundaries; creating a new leadership structure and updated master
plan; strengthening its major institutions and small business ; and linking it to the other institutions,
developments, and districts in the downtown .
OVERVIEW
The Las Vegas Medical District encompasses 160 acres
bordered by Charleston Blvd. to the south, Martin Luther King
Blvd. to the east, Alta Drive to the north, and Rancho Drive to
the west. Large public health institutions located in the district
include the Nevada System of Higher Education (NSHE)
Shadow Lane Campus, University Medical Center of
Southern Nevada (UMC), the Southern Nevada Health Distrct
(SNHD), and Valley Hospital. The southern edge of the UMC
campus along Charleston Blvd. has become a medical
corridor interspersed with some retail uses.
UMC, the NSHE Shadow Lane Campus, and SNHD have
been renovating and expanding their facilities, technologies,
practices, and programs within their current footprints. The
NSHE Shadow Lane Campus commissioned its own master
plan update to guide its efforts at becoming a shared health
sciences campus occupied by multiple educational institutions
and health disciplines.
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Adopted in 2008, the Medical District is intended as an
area for the development of health care services and
related functions as well as related residential facilities,
such as nursing homes, assisted living facilities and central
housing for health care employees.
The major physical challenge facing the Medical District is the limited ability for institutions to grow and expand within the current
160-acre footprint. In comparison, the Memphis Medical Center (see text box, next page) encompasses 14,000 acres. One
potential opportunity to expand its footprint is to extend the borders of the Medical District to include the Cleveland Clinic Lou
Ruvo Brain Institute and planned medical office space in Symphony Park. Another potential opportunity is to facilitate joint
facilities planning among local entities to better maximize the utilization of the existing footprint within the Medical District. Efforts
are already underway to initiate such collaborative facilities and programming planning among stakeholders within the Medical
District. Until these recent joint planning discussions, the Las Vegas Medical District was a collection of medical and healthcare
institutions joined together by proximity and zoning. It still requires a common vision and plan for strengthening healthcare
services, research, and education in the community and establishing Las Vegas as a premier center of medicine in the Western
US. The following proposed action steps are designed to build on the current collaborative efforts to further enhance economic
development within the District and improve the health of the people in Southern Nevada.
TIMELINE
< 12 mos 1-2 years 3-5 years 5-10 years
POTENTIAL PARTNERS
City of Las Vegas • UMC • SNHD • NSHE • Valley Hospital •
Cleveland Clinic Lou Ruvo Brain Institute
T I P S t r a t e g i e s | T h e o r y I n t o P r a c t i c e P a g e | 11