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Month: May 2022

UnCommons Appoints Industry Leader, Mike Wethington, as General Manager

Posted on by UnCommons Website

Matter Mike W 041322 173

Matter Real Estate Group has announced industry veteran Mike Wethington as general manager of UnCommons, the much-anticipated $400 million, 40-acre mixed-use community opening in southwest Las Vegas this year. With decades of senior management experience, Wethington will manage all day-to-day operations at UnCommons, oversee new tenant development, prepare annual budget and management plans and more.

“Mike is stepping into this crucial role at a time of significant growth for UnCommons and we’re thrilled to welcome him to the team,” said Matter Real Estate Group Partner Jim Stuart. “His expertise in the mixed-use sector is unmatched and we’re confident that he will further strengthen our community’s goal of redefining the way we live and work.”

With an undeniably successful career in real estate spanning over 25 years, Wethington has worked and managed the development, construction and marketing of significant shopping and multiple mixed-used lifestyle centers; Galleria at Sunset, then the two grand openings of Victoria Gardens and Town Square. Wethington’s responsibilities included overseeing all operations, asset management, financial forecasting, tenant coordination of construction and relations, and relationships with local authorities while also assisting the two transitions of ownership of property.

The second commercial phase of UnCommons is now under construction, which will bring to the campus a state-of-the-art conference center, two coveted office buildings and an additional parking garage with ample stalls. Several industry leaders have committed to move into the sought-after spaces within UnCommons’ Phase I office buildings beginning early summer, including CBRE, Morgan Stanley, BDO and Sotheby’s International Realty. DraftKings also announced late last year that it will occupy 90,000 square feet within UnCommons, for what will serve as the North America headquarters for the digital sports entertainment and gaming leader.

UnCommons will reimagine the workplace experience with market-leading design and technology, floor-to-ceiling windows that welcome daylight and views of the natural Las Vegas surroundings, breakout spaces for individual work or small group collaboration. The campus will set the foundation for a thriving, inspiring workplace by bringing together multiple fitness studios, common open-air areas, contemporary residential units and a mélange of food and beverage options.

UnCommons Leases All Available Office Spaces Ahead of Opening This Year

Posted on by UnCommons Website

UnCommons, Matter Real Estate Group‘s highly anticipated $400 million, 40-acre mixed-use community in southwest Las Vegas, has announced that 100% of the development’s coveted office spaces in its first phase have been leased. The milestone comes ahead of the project’s opening this summer.

“The demand for quality, inspired office space is at an all-time high in Las Vegas, which was evident when a number of our future tenants signed their leases in the early stages of construction,” said Matter Real Estate Group Vice President of Strategic Partnerships, Tom van Betten. “We are thrilled to bring a diverse collection of globally-renowned tenants to UnCommons and provide them with a dynamic, thoughtfully created workplace.”

Fulfilling a need for office space, dining and lifestyle amenities within the booming southwest Las Vegas market, UnCommons will welcome a variety of discerning tenants to its bustling community. DraftKings, a leader in the digital sports entertainment and gaming industries, will occupy a 90,000-square-foot technology hub; Morgan Stanley, a multinational investment bank and financial service company, will consolidate its current central and west Las Vegas locations into a 22,000-square-foot office; CBRE, the global leader in commercial real estate, will move its Las Vegas office to a 20,000-square-foot space; BDO, an international leader in assurance, tax and financial advisory services, will relocate its Las Vegas headquarters to a spacious 15,000-square-foot space; Sotheby’s International Realty, a global real estate leader, will make UnCommons its new home with a highly-visible 13,000-square-foot ground floor suite; and Berkadia, a leader in the commercial real estate finance industry which will occupy a 1,600-square-foot office.

Following the COVID-19 outbreak in 2020, the development underwent a redesign integrating health and safety features set by the WELL Building Standard™. They include near hospital-quality HVAC systems, operable windows and patios, touch-free access, abundant natural daylight and interior finishes made with materials to limit the spread of bacteria. WELL Certification™ is the highest third-party endorsement of a building’s performance and the health of its occupants. UnCommons is also certified by Green Globes®, a nationally recognized green rating assessment, guidance and certification program. The revolutionary program recognizes sustainability goals for new construction projects, existing buildings and interiors to encourage improved environmental and health performance while reducing environmental impacts.

Phase II of UnCommons, which has recently broken ground, will also add two four-story office buildings totaling 180,000 square feet, featuring 20,000 to 25,000 square feet floor plates available for lease. These additional buildings will have connected patio balconies, allowing for the option for companies to connect their spaces with “super floors” that are up to 45,000 square feet. Phase II will also deliver an additional parking structure featuring nearly 750 parking stalls for community members and visitors.

In addition to its renowned office tenants, UnCommons’ emphasis on employee wellbeing and focus on community connection has attracted beloved brands and leaders in the culinary and beverage industry. The community will introduce an eclectic portfolio of onsite food and beverage options, which will include Las Vegas’ first neighborhood food hall, the first off-Strip Urth Caffé in Las Vegas and MINA Group’s first off-Strip, fast-casual restaurant concept, plus many more to be announced soon. Bringing together its lineup of food and beverage destinations, open-air common areas, fitness studios, a salon and an entertainment center, UnCommons will set the foundation for a thriving, inspiring workplace.

UnCommons is reimagining the workplace experience with market-leading design and technology, floor-to-ceiling windows that welcome daylight and views of the natural Las Vegas surroundings and breakout spaces for individual work or small group collaboration. Phase II of UnCommons’ construction is officially underway, which will bring UnCommons to more than 325,000 total square feet of modern office space, all built with distinctive architectural features and the latest in safety innovations. The final phase will bring the project to a total of 500,000 square feet of office space and is focused on occupying a single tenant for all 130,000 square feet of the fifth office building.

GYU+ to Bring Classic Japanese Street Food to UnCommons This Summer

Posted on by UnCommons Website

A local favorite known for its flavorful Japanese street fare, GYU+ will be coming to southwest Las Vegas as part of the diverse dining lineup at UnCommons. Opening late summer at Matter Real Estate Group’s highly anticipated $400 million, 40-acre mixed-use community, GYU+ will serve a variety of sensational Japanese sandwiches, also known as sandos, and rice boxes.

Inspired to bring this concept to life after spending time in Japan, founders Freddie Paloma and Luis De Santos launched the first GYU+ in Las Vegas serving to-go orders only out of a ghost kitchen during the height of the pandemic in early 2021. The two believed there was a need for delivery and pickup and a ghost kitchen was the ideal first step for GYU+. This will be the first brick and mortar space for GYU+, which embraces classic Japanese street fare including Japanese sandos made with Japanese Wagyu beef, steak, eggs and portobello mushrooms; and rice boxes featuring pork belly, fresh vegetables and more. Additionally, GYU+ will be expanding its menu at UnCommons with breakfast sandos and a variety of Japanese sake, beers and wines.

“We’re excited to open our first dedicated/brick-and-mortar location at UnCommons,” said Paloma and De Santos. “This location will celebrate Japanese cuisine and culture based on authentic experiences one you could find while traveling throughout Japan.”

Paloma and De Santos have engaged award-winning architectural firm, Punch Arc, to design GYU+. The interior will feature Japanese-inspired art, such as a vibrant mural of a cherry blossoms as well as other Japanese imagery, created by a local artist, in addition to a live bonsai tree in front of the mural. The fast casual eatery will offer countertop seating and tables in the main seating area to accommodate grab and go orders.

“GYU+ became an immediate hit in southeast Las Vegas, where they typically sell out every day with to-go orders alone,” said Matter Real Estate Group Partner Jim Stuart. “With the incredible addition of GYU+, our off-Strip community will house a celebration of globally inspired flavors from numerous Strip-quality restaurants.”

GYU+ will join a sensational lineup of food and beverage destinations at UnCommons, including Las Vegas’ first neighborhood food hall; immersive tiki tequilería, Todo Bien; elevated sports lounge, General Admission; Cuban-inspired neighborhood bodega, Mercadito; beloved boba tea shop, Teaspoon; heirloom coffee roaster and pioneer, Urth Caffé; and MINA Group’s first off-Strip, fast-casual restaurant, plus many more to be announced soon.