The landscape of Downtown Las Vegas could change dramatically. The family of former Zappos CEO Tony Hsieh, who died from injuries in a house fire in New London, Connecticut on November 27, put nearly 100 properties the tech mogul owned on the selling block, according to the Las Vegas Review-Journal.
Downtown Container Park with its shipping containers filled with restaurants, bars, and boutiques; Fergusons Downtown, which includes Vegas Test Kitchen along with the former Hatsumi and La Monja from chef Dan Krohmer; and even the city hall converted into the headquarters for the online shoe retailer Zappos are among the plots the family plans to sell. The paper reports that the co-special administrators of the estate, Hsieh’s father Richard and brother Andrew, filed paperwork in Clark County District Court.
Hsieh did not leave a will. The family handling his estate would need to report any sale to the court for approval.
Hsieh launched Downtown Project, now called DTP Cos., in 2012 with $350 million of his own money, used to invest in Downtown Las Vegas. His vision changed Fremont East from a tough-and-tumble neighborhood into a collection of restaurants and bars. The $200 million in parcels of land he purchased resembled a llama on a map, and the alpaca became not only a mascot for Hsieh, but one of his personal pets.
He stepped down from his position as CEO of Zappos last August and moved to Park City, Utah.
• Tony Hsieh’s family to sell nearly 100 Las Vegas properties [LVRJ]
• Tony Hsieh, a Visionary for Downtown Las Vegas, Dies at Age 46 [ELV]