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Las Vegas Plans Hawaiian Marketplace26 May 2003LAS VEGAS -- As reported by the Honolulu Advertiser: "Las Vegas already has a Paris, New York and Venice. Now a development partnership plans to re-create Waikiki's International Market Place on The Strip. "Complete with a faux banyan tree and climate-controlled outdoor setting, the $140 million `Hawaiian Marketplace' recently started construction and is expected to open in November between the Aladdin and MGM Grand hotel casinos next to the Polo Towers time-share. "The 80,000-square-foot complex on 2.4 acres also will feature kiosks, retail stalls, restaurants and free entertainment with Polynesian flair. "…Joseph S. North, a former retail consultant in Honolulu now with real estate firm Colliers International in Las Vegas, said he rather doubts Metroflag can re-create the dense jungle-like feel of Waikiki's International Market Place jammed with artisans, merchants and tourists. "…North said Las Vegas visitor demographics have changed since Sept. 11, with more domestic visitors from California who are largely value-oriented shoppers. "…The project replaces a shopping center formerly known as Polo Plaza or Metro Plaza that struggled over the years, according to George Connor, a Colliers senior vice president of retail properties…" |