Archinect - News 2024-11-24T05:02:55-05:00 https://archinect.com/news/article/149963003/zappos-ceo-tony-hsieh-made-a-350-million-bet-on-downtown-las-vegas-five-years-later-the-results-are-murky Zappos CEO Tony Hsieh made a $350 million bet on downtown Las Vegas – five years later, the results are murky Amelia Taylor-Hochberg 2016-08-12T18:24:00-04:00 >2016-08-12T18:24:27-04:00 <img src="https://archinect.gumlet.io/uploads/b8/b82b52b970ca493b5e1b66ba145726bf?fit=crop&auto=compress%2Cformat&enlarge=true&w=1200" border="0" /><em><p>Critics point to a less-than-robust tech scene, layoffs and shuttered businesses as major stumbling blocks, while others applaud the community's transformation. [...] "The other thing that we would have done differently, knowing what we know now, is really made our goals much more explicit," Hsieh said. For example, he would have put "collisions" &mdash; serendipitous encounters between individuals who can drive innovation &mdash; ahead of co-learning, connectedness and even return on investment.</p></em><br /><br /><p>Related on Archinect:</p><ul><li><a title="Vegas is back...sorta" href="http://archinect.com/news/article/132487604/vegas-is-back-sorta" rel="nofollow" target="_blank">Vegas is back...sorta</a></li><li><a title="Learning from Las Vegas: a look at the Strip through urban planning lenses" href="http://archinect.com/news/article/120430561/learning-from-las-vegas-a-look-at-the-strip-through-urban-planning-lenses" rel="nofollow" target="_blank">Learning from Las Vegas: a look at the Strip through urban planning lenses</a></li><li><a title="Will Zappos turn downtown Las Vegas into the next Silicon Valley?" href="http://archinect.com/news/article/91759585/will-zappos-turn-downtown-las-vegas-into-the-next-silicon-valley" rel="nofollow" target="_blank">Will Zappos turn downtown Las Vegas into the next Silicon Valley?</a></li><li><a title="70's Vegas underground home on the market for $1.7M" href="http://archinect.com/news/article/81696242/70-s-vegas-underground-home-on-the-market-for-1-7m" rel="nofollow" target="_blank">70's Vegas underground home on the market for $1.7M</a></li><li><a title="Something is happening in Vegas; but will it convince people to stay? " href="http://archinect.com/news/article/76416883/something-is-happening-in-vegas-but-will-it-convince-people-to-stay" rel="nofollow" target="_blank">Something is happening in Vegas; but will it convince people to stay?</a></li></ul> https://archinect.com/news/article/91759585/will-zappos-turn-downtown-las-vegas-into-the-next-silicon-valley Will Zappos turn downtown Las Vegas into the next Silicon Valley? Amelia Taylor-Hochberg 2014-01-21T13:28:00-05:00 >2014-01-27T19:28:39-05:00 <img src="https://archinect.gumlet.io/uploads/4r/4r64fmgfjjs1x5sy.jpg?fit=crop&auto=compress%2Cformat&enlarge=true&w=1200" border="0" /><em><p>Late in 2011, [Zappos CEO] Hsieh became even more legendary by announcing almost larkishly that he&rsquo;d be leading a $350 million effort to rejuvenate a blighted stretch of Las Vegas&rsquo; downtown [&hellip;] His plan was to spend much of his own personal fortune to transform this lifeless area about a mile north of the neon blitz of the Strip into an entrepreneurial tech nirvana. [...] Doubters have no place in the ecosystem. Pragmatists stand little chance. A love of hyperbole prevails.</p></em><br /><br /><!DOCTYPE html PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN" "http://www.w3.org/TR/REC-html40/loose.dtd"> <html><head><meta></head></html>