$350 million initiative approved

Posted: Feb. 28th, 2013  |  By Michael Pearse
Las Vegas

A $350 million initiative was recently approved titled as the Downtown Project. The aim of this is to bring back the old Las Vegas. The one that is rich in history and after all the one that got it all started. Its time for a flash back, its time for a renovation.

TechCrunch TV recently made the trek to Las Vegas, where we had the chance to check out the burgeoning startup community that’s taking shape there thanks in large part to a $350 million initiative called the “Downtown Project.”

When many people think of Vegas, they think of the casino- and tourist-filled area known as the Strip. But the Downtown Project, which is headed up by Zappos CEO Tony Hseih, is focused on bringing new life to what’s also known as “old Vegas,” an urban area that’s rich with history (it used to be the playground for the likes of the Rat Pack) but is now ripe for revitalization.

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