Construction of the 160,000 sq-ft professional corporate center on Rainbow and I-215
LAS VEGAS — Yesterday, Sansone Companies, a premier residential and commercial property development and management company—most recently known for the revitalization and redevelopment of the iconic Boulevard Mall—broke ground on the Valley’s newest corporate center called AXIOM.
AXIOM is one of the first Class “A” professional office/medical projects to be built in the southwest submarket with an all-glass and steel façade. Comprised of two four-story, 80,000-square-foot twin buildings and conjoined by a four-level parking garage, AXIOM is surrounded by a wide variety of restaurants, shopping, banks and fitness clubs.
“We have seen the southwest valley begin to flourish with commercial real estate, but now it is ready to become a place for businesses – both big and small- to thrive and grow,” says Neil M. Sansone of Sansone Companies. “We see the potential of this market and the strong need for a corporate center that balances design, convenience, and flexibility. We are excited that AXIOM will be the catalyst to kick off the business growth in this area.”
Situated at South Rainbow Boulevard and the I-215 Beltway, AXIOM is equidistant between both Summerlin and Green Valley master-planned communities, putting it in the heart of the southwest valley and one of the most desirable locations in Southern Nevada.
“The southwest area of District A continues to be a hub for development and growth,” said Clark County Commissioner Michael Naft. “AXIOM’s groundbreaking will be a catalyst and cornerstone to our prospering business economy. I am honored to be a part of this moment and look forward to the future that AXIOM has in store and thank Sansone Companies for their vision and commitment to quality of excellence in our development community.”
Sansone Companies and CBRE are currently in negotiations with potential tenants, with more information to come.
The first phase of AXIOM is expected to be completed in Q2 2021. The entire project has an estimated completion date of Q3 2022.
ABOUT SANSONE COMPANIES:
Founded by Roland Sansone in Nevada, Sansone Companies has developed real estate in the Las Vegas area for over 40 years. Sansone Companies offers full-service property and facilities management, leasing, and sales consulting for both commercial and residential real estate. The company has successfully developed/redeveloped over 2 million square feet of commercial and residential real estate as well as owns and manages several successful retail, medical, and office centers in Las Vegas. www.sansonecompanies.com