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Las Vegas City Hall




It all started with the plan to move Zappos Headquarters to the former City
Hall building in Downtown Las Vegas. What could that campus look like?
How could it influence the city around it? How could it help to revitalize
Downtown?
Google




There are some corporate
campuses that you never
have to leave—with dining
options, outdoor
recreation, gardens, even
your dog. But how do the
people there interact with
the community around
them?
Nike




Or what about Nike’s World Headquarters? They have a swimming pool,
soccer fields, volley ball courts, workout facilities, and more.
Apple




The Google, Nike, and Apple campuses are all amazing. And Zappos
considered creating a similar HQ and polled their employees about what
kinds of amenities they would like at their workplace.
Doggy Day Care




When Zappos employees were surveyed about the amenities they would prefer to
have in their new campus, doggy day care was the number one request—not
human day care..
NYU Campus

Rather than build a campus that’s insular, that doesn’t create reasons for people
to leave, Zappos decided that it would be more interesting to create a campus
that interacts with the community around it, that encourages people to interact
serendipitously with people they might not otherwise meet. A campus that
functions not only as a workplace, but also as a community gathering space.
Downtown Las Vegas
                                    Fremont East




Surrounding the future Zappos HQ is an amazing neighborhood called Fremont
East. It’s filled with bars, restaurants, and shops run by local business owners.
It’s the kind of neighborhood where people run into friends on the street, where
any bar or restaurant you visit, you’ll see someone you know.
Downtown Las Vegas
                          Fremont East




It’s actually one of the most community-focused neighborhoods you can
imagine—in the place you would least expect it. Downtown Las Vegas.
Downtown Project was created as its own entity with a mission to help to
revitalize the neighborhood and catalyze the growth of the community.
DOWNTOWN PROJECT
A $350 Million Investment
 $ 50M Small Businesses

 $ 50M Tech Startups

 $ 50M Education, Arts, Culture

 $200M Residential & Real Estate
DOWNTOWN PROJECT GOALS

Live/Work/Play – Walking Distance

The Most Community-Focused
Large City in the World

The Co-working Capital of the
World
ROI vs. ROC
 Instead of maximizing short-term
 ROI: Return On Investment

 We focus on maximizing long-term
 ROC: Return On Community
 and institutionalizing ROL:
 Return On Luck – Accelerating
 Serendipity
THE BIG BET . . .
              Accelerating
 Collisions, Community & Co-Learning
             …will lead to…

             Accelerating
  Happiness, Luckiness, Innovation &
             Productivity
$50M Small Businesses




We’re investing in up to 200 small businesses in Downtown Las Vegas. All of
those Post-Its on the wall represent small business ideas.
$50M Small Businesses
We’re primarily interested in owner-operated small businesses that
meet these criteria:

• Are you passionate about your idea?

• Does your idea contribute to community in some way?

• Are you capable of executing your business idea?

• Is your business model sustainable?

• What is it that makes your business unique or the best at what you
  do?

• What about your business would make it worthy of a story in a major
  publication or national news outlet?
Entrepreneurs:

      “What would you be
   passionate about doing for
      10 years even if you
     never made a dime?”
Natalie




This is Chef Natalie Young. Her restaurant EAT is our first small business investment
to open. Formerly, she worked as a Chef on The Strip. And she was about to leave
Las Vegas for good until she was able to follow her passion and fulfill her dream to
open her own restaurant.
Natalie
Natalie
Natalie




In order to open her restaurant, many people in the community came together
to help Natalie in many ways.
Natalie
Natalie




EAT officially opened for business in September, 2012..
Sarah




This is Sarah Nisperos, a lifelong fashionista who was able to follow her
passion after a small business investment from Downtown Project.
This is her boutique, Coterie, which is the first fashion retail operation in the Fremont
East area of Downtown.
Before




Before it became a hub for community and fashion, the building where
Coterie is located housed a check cashing business.
Coterie
The Downtown Project workspace is located behind Coterie. This is what
it looked like before.
After
$50M Tech Startups

We’re investing $50            I’m
million dollars in tech
startups like Romotive
                              Romo!
that are located here or
are willing to move their
operations to Downtown
Las Vegas. Tech
startups can grow
rapidly and create jobs
quickly. We believe you
can change the world
with a laptop.
$50M Tech Startups




We’re also investing in spaces for coworking, so startups can have affordable
places to work where they can inspire each other and collaborate in ways that
accelerate innovation.
$50M Tech Startups




We’re working with Venture for America to bring up to ten of their Fellows to
Las Vegas this year. They’ll be working with us on Downtown Project and
transitioning into positions with local startups. VFA is a program that sends
young, talented college graduates to work in startups to hone their
entrepreneurial skills.
$50M Education, Arts, Culture




We’re partnering with Teach for America to bring 1,000 corps members and
alumni to live Downtown. We’re also planning to build a K-12 charter or private
school in Downtown Las Vegas.
$50M Education, Arts, Culture
We’re
investing in
organization
s like First
Friday, to
support
gathering of
the
community
and the
celebration
of the local
arts scene.


And we’re partnering with Burning Man to bring exciting, new public art to
Downtown Las Vegas.
$200M Residential & Real Estate

              We’re inspired by the book Triumph
              of the City and the idea that
              knowledge is more powerful than
              space.

              When people live closely together,
              they interact more frequently which
              creates more opportunities for them
              to learn from each other.

                 Accelerate serendipity ->
                 Accelerate learning ->
                 Accelerate productivity and
                 innovation
WHEN CITIES DOUBLE IN SIZE . . .


  Productivity and innovation per
  resident increases by 15%

  But it’s not true for companies
HOW TO ACCELERATE
LEARNING & INNOVATION

 Maximize the number of
 serendipitous interactions

 Accelerate learning opportunities

 Increase the metabolism of the city
3 INGREDIENTS FOR SERENDIPITY


  1. Residential density of at least 100
     residents per acre

  2. Street-level activity for residents to
     collide

  3. Culture of
     openness, collaboration, creativity, an
     d optimism
GROUPS COLLIDING
DOWNTOWN
 1. 2000 Zappos employees
 2. 1000 Teach For America corp
    members and alumni
 3. Tech Startup Community
 4. Small Business Community
 5. Art and Music Communities
 6. Other Passion Communities
 7. Local Residents
Learning from Zappos and Coworking

           Culture is to a Company
                       as
           Community is to a City

                      Values
                    Innovation
                   Serendipity
                   Participation
                 Upward Mobility
   Attracting Startups and the Creative Class
Our Secret Weapon …




When people come to visit us in Downtown Las Vegas, they find exactly what
we found. A place that is vibrant, interesting, and community-focused. And
they want to stay, to move their companies here. They get it.
LEARNING FROM TED, SUMMIT
SERIES, SXSW, BIF…
           Curated Content
             Serendipity
              Learning
            Connections
             Community
We’re creating a space where innovators, dreamers, doers, and through
leaders from around the world can come to share ideas in Downtown Las
Vegas—to enrich the community, to inspire us all. Call it a Downtown Mini-
Residency program.
Downtown Every Day

     Curated Content
       Serendipity
        Learning
      Connections
       Community
We’re building a theater at the corner of Las Vegas Boulevard and Fremont
Street where we’ll host weekly TED-style talks that will given by guests and
community members.
OUR BIG BET…
3 Guiding Principles
   Accelerate:
   1. Collisions
   2. Community
   3. Co-Learning

     And everything else will fall into place…
          (productivity, innovation, growth, happiness)



      What will people say about
            Downtown?
Downtown
Will Make You
 SMARTER
50% of Humans
Currently Live in Cities
Within our lifetime
75% of all people
 will live in cities
We’re thinking of
    The City as a Startup
Downtown
Las Vegas:
The City of
Possibilities

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What is Downtown Project - November 2012

  • 1.
  • 2. Las Vegas City Hall It all started with the plan to move Zappos Headquarters to the former City Hall building in Downtown Las Vegas. What could that campus look like? How could it influence the city around it? How could it help to revitalize Downtown?
  • 3. Google There are some corporate campuses that you never have to leave—with dining options, outdoor recreation, gardens, even your dog. But how do the people there interact with the community around them?
  • 4. Nike Or what about Nike’s World Headquarters? They have a swimming pool, soccer fields, volley ball courts, workout facilities, and more.
  • 5. Apple The Google, Nike, and Apple campuses are all amazing. And Zappos considered creating a similar HQ and polled their employees about what kinds of amenities they would like at their workplace.
  • 6. Doggy Day Care When Zappos employees were surveyed about the amenities they would prefer to have in their new campus, doggy day care was the number one request—not human day care..
  • 7. NYU Campus Rather than build a campus that’s insular, that doesn’t create reasons for people to leave, Zappos decided that it would be more interesting to create a campus that interacts with the community around it, that encourages people to interact serendipitously with people they might not otherwise meet. A campus that functions not only as a workplace, but also as a community gathering space.
  • 8. Downtown Las Vegas Fremont East Surrounding the future Zappos HQ is an amazing neighborhood called Fremont East. It’s filled with bars, restaurants, and shops run by local business owners. It’s the kind of neighborhood where people run into friends on the street, where any bar or restaurant you visit, you’ll see someone you know.
  • 9. Downtown Las Vegas Fremont East It’s actually one of the most community-focused neighborhoods you can imagine—in the place you would least expect it. Downtown Las Vegas. Downtown Project was created as its own entity with a mission to help to revitalize the neighborhood and catalyze the growth of the community.
  • 10. DOWNTOWN PROJECT A $350 Million Investment $ 50M Small Businesses $ 50M Tech Startups $ 50M Education, Arts, Culture $200M Residential & Real Estate
  • 11. DOWNTOWN PROJECT GOALS Live/Work/Play – Walking Distance The Most Community-Focused Large City in the World The Co-working Capital of the World
  • 12. ROI vs. ROC Instead of maximizing short-term ROI: Return On Investment We focus on maximizing long-term ROC: Return On Community and institutionalizing ROL: Return On Luck – Accelerating Serendipity
  • 13. THE BIG BET . . . Accelerating Collisions, Community & Co-Learning …will lead to… Accelerating Happiness, Luckiness, Innovation & Productivity
  • 14. $50M Small Businesses We’re investing in up to 200 small businesses in Downtown Las Vegas. All of those Post-Its on the wall represent small business ideas.
  • 15. $50M Small Businesses We’re primarily interested in owner-operated small businesses that meet these criteria: • Are you passionate about your idea? • Does your idea contribute to community in some way? • Are you capable of executing your business idea? • Is your business model sustainable? • What is it that makes your business unique or the best at what you do? • What about your business would make it worthy of a story in a major publication or national news outlet?
  • 16. Entrepreneurs: “What would you be passionate about doing for 10 years even if you never made a dime?”
  • 17. Natalie This is Chef Natalie Young. Her restaurant EAT is our first small business investment to open. Formerly, she worked as a Chef on The Strip. And she was about to leave Las Vegas for good until she was able to follow her passion and fulfill her dream to open her own restaurant.
  • 20. Natalie In order to open her restaurant, many people in the community came together to help Natalie in many ways.
  • 22. Natalie EAT officially opened for business in September, 2012..
  • 23. Sarah This is Sarah Nisperos, a lifelong fashionista who was able to follow her passion after a small business investment from Downtown Project.
  • 24. This is her boutique, Coterie, which is the first fashion retail operation in the Fremont East area of Downtown.
  • 25. Before Before it became a hub for community and fashion, the building where Coterie is located housed a check cashing business.
  • 27. The Downtown Project workspace is located behind Coterie. This is what it looked like before.
  • 28. After
  • 29. $50M Tech Startups We’re investing $50 I’m million dollars in tech startups like Romotive Romo! that are located here or are willing to move their operations to Downtown Las Vegas. Tech startups can grow rapidly and create jobs quickly. We believe you can change the world with a laptop.
  • 30. $50M Tech Startups We’re also investing in spaces for coworking, so startups can have affordable places to work where they can inspire each other and collaborate in ways that accelerate innovation.
  • 31. $50M Tech Startups We’re working with Venture for America to bring up to ten of their Fellows to Las Vegas this year. They’ll be working with us on Downtown Project and transitioning into positions with local startups. VFA is a program that sends young, talented college graduates to work in startups to hone their entrepreneurial skills.
  • 32. $50M Education, Arts, Culture We’re partnering with Teach for America to bring 1,000 corps members and alumni to live Downtown. We’re also planning to build a K-12 charter or private school in Downtown Las Vegas.
  • 33. $50M Education, Arts, Culture We’re investing in organization s like First Friday, to support gathering of the community and the celebration of the local arts scene. And we’re partnering with Burning Man to bring exciting, new public art to Downtown Las Vegas.
  • 34. $200M Residential & Real Estate We’re inspired by the book Triumph of the City and the idea that knowledge is more powerful than space. When people live closely together, they interact more frequently which creates more opportunities for them to learn from each other. Accelerate serendipity -> Accelerate learning -> Accelerate productivity and innovation
  • 35. WHEN CITIES DOUBLE IN SIZE . . . Productivity and innovation per resident increases by 15% But it’s not true for companies
  • 36. HOW TO ACCELERATE LEARNING & INNOVATION Maximize the number of serendipitous interactions Accelerate learning opportunities Increase the metabolism of the city
  • 37. 3 INGREDIENTS FOR SERENDIPITY 1. Residential density of at least 100 residents per acre 2. Street-level activity for residents to collide 3. Culture of openness, collaboration, creativity, an d optimism
  • 38. GROUPS COLLIDING DOWNTOWN 1. 2000 Zappos employees 2. 1000 Teach For America corp members and alumni 3. Tech Startup Community 4. Small Business Community 5. Art and Music Communities 6. Other Passion Communities 7. Local Residents
  • 39. Learning from Zappos and Coworking Culture is to a Company as Community is to a City Values Innovation Serendipity Participation Upward Mobility Attracting Startups and the Creative Class
  • 40. Our Secret Weapon … When people come to visit us in Downtown Las Vegas, they find exactly what we found. A place that is vibrant, interesting, and community-focused. And they want to stay, to move their companies here. They get it.
  • 41. LEARNING FROM TED, SUMMIT SERIES, SXSW, BIF… Curated Content Serendipity Learning Connections Community We’re creating a space where innovators, dreamers, doers, and through leaders from around the world can come to share ideas in Downtown Las Vegas—to enrich the community, to inspire us all. Call it a Downtown Mini- Residency program.
  • 42. Downtown Every Day Curated Content Serendipity Learning Connections Community
  • 43. We’re building a theater at the corner of Las Vegas Boulevard and Fremont Street where we’ll host weekly TED-style talks that will given by guests and community members.
  • 44. OUR BIG BET… 3 Guiding Principles Accelerate: 1. Collisions 2. Community 3. Co-Learning And everything else will fall into place… (productivity, innovation, growth, happiness) What will people say about Downtown?
  • 46. 50% of Humans Currently Live in Cities
  • 47. Within our lifetime 75% of all people will live in cities
  • 48. We’re thinking of The City as a Startup
  • 49. Downtown Las Vegas: The City of Possibilities