news

January 27, 2006

Atlanta, Georgia

In a significant deal recently signed, Maxon, a District Energy and Green Power developer, and Streets Las Vegas have partnered to develop one of Las Vegas’ largest, most environmentally-friendly District Energy Systems.  

Mark Advent is the mercurial personality behind a planned New York-themed mixed-use development near McCarran International Airport.  Mark is a native of New York and is also the developer of the New York, New York hotel and casino on the Las Vegas Strip.

"East Village" is a proposed $400M, 1 million-square-foot retail/office/entertainment complex on the northwest corner of Tropicana Avenue and Paradise Road.   The 44 acre site will be a replica of New York’s East Village streetscape complete with restaurants, unique shopping, and entertainment venues.  It will have its own version of the city’s Meatpacking District and Washington Square.  In addition, a 200,000 square foot office building will also be located on the site.

The fully built-out $75,000,000 District Energy Network will include a 20,000 square foot central energy plant for heating and cooling, 20-inch pipes to deliver chilled and hot water throughout the site, the site-wide electrical infrastructure and systems, and in-building technology systems.  The design focus of the energy network is based on ultimate sustainability and efficiency.  All of the systems will be focused on reducing energy usage and promoting a cleaner environment for the patrons of the complex.

 “The district energy network to be developed at East Village again requires a master developer, who is committed to constructing a site which actually impacts the environment in a positive way.  “This project will serve as a role model for other developments in Las Vegas regarding efficiency and design practicality."  states Marc O’Connor, President of Maxon.

Maxon develops, finances, constructs, and operates innovative District Energy and Green Power projects. Maxon has grown into a multifaceted company delivering unique and complex Energy projects to the industrial, commercial, institutional and governmental markets.  Maxon will be responsible for building, owning, operating and maintaining the district energy network and other infrastructure at East Village.