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Bleutech Park Properties to Develop $7.5B Technology-Driven Project in Las Vegas

Bleutech Park Las Vegas will be home to workforce housing, luxury residential, office, retail, hotel and entertainment space. It will incorporate several environmental and technological features.

LAS VEGAS — Bleutech Park Properties Inc. has unveiled plans for a $7.5 billion mixed-use project known as Bleutech Park Las Vegas. The developer plans to break ground this December, and construction is expected to take six years. Bleutech has confirmed that financing is in place.

Bleutech Park will be home to workforce housing, luxury residential, office, retail, hotel and entertainment space. The project will incorporate environmental and technological features such as water purification, on-site waste treatment and localized air cleaning. Described as an “insular mini-city,” plans call for use of autonomous vehicles, artificial intelligence, augmented reality, robotics and other advanced technologies.

Smart buildings will be equipped with energy-generating materials using wind, water, solar and other sustainable forms of power. Flooring systems within Bleutech Park will capture and reuse the energy of human movement throughout the park, including common areas and parking structures. Resources for heating, cooling, lighting and electricity will be harvested on-site.

Project partners include general contractor Martin-Harris Construction and technology company Cisco. Aerial construction, digitization and robotics will be utilized during the construction of the project, which is expected to create 25,000 jobs.

“Bleutech believes in the rise of digitization and robotics in construction as this will increase productivity and efficiency,” says Bertrand Dano of Bleutech Park Properties. “Wearable technology will increase workplace safety, particularly in heavy lifting and repetition. We believe in the future of robotics and their ability to improve jobsite safety and employee’s health.”

“This groundbreaking initiative will push the envelope of innovation and bring together technology solutions that once seemed like pure science fiction,” adds Mike Grigsby of Cisco.

Photovoltaic glass will be standard in all structures, turning entire building exteriors into solar panels. This will enable zero-carbon emissions and 100 percent energy grid independence.

Khusrow Roohani, a Las Vegas-based developer, has been a driving force in bringing the project to Las Vegas. “This city is the perfect place to unveil these amazing technologies,” he says. “Las Vegas will never be the same.”

Melvin Green, principal at KME Architects, is the local architect of record. Green says that the goal of the project is to provide attractive and functional workforce housing, as well as provide an ecosystem that “promotes less traffic congestion, more connectivity and greater interaction among the residents and their work environments.”

Bleutech Park Las Vegas LLC is a Delaware-registered private REIT dedicated to providing finance, operation and asset management of primarily Bleutech Park projects.

— Kristin Hiller

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