Tech Mogul Tony Hsieh’s Estate Puts Almost 100 of His Downtown Real Estate Holdings Up for Sale

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]