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City approves Civic Plaza leases — Teriyaki Madness and Secretary of State to open downtown spaces
Summary
Council approved a 10‑year lease for Teriyaki Madness and a 10‑year lease for the Nevada Secretary of State at Civic Plaza, as city staff highlighted retail activation and public‑facing state services at the downtown site.
The City Council voted on Nov. 19 to authorize two separate lease actions that will add retail and state services to Civic Plaza in downtown Las Vegas.
Economic and Urban Development Director Dina Babsky presented a public hearing on a 2,500‑square‑foot lease for a Teriyaki Madness restaurant; applicants Robert and Maribel Gonzales said they will perform tenant improvements supported in part by a previously approved $600,000 RDA contribution. Babsky said the lease term is 10 years with two five‑year options, the appraised value is $3.25 per sq ft and the 20‑year total projected rent is roughly $2.27 million. The applicant estimated a late‑March-to‑mid‑April 2026 opening, and the council approved the related resolution.
In a separate but related item, the council approved a lease for the Nevada Secretary of State's office to relocate to Civic Plaza (roughly 4,000 sq ft, Building 2). Deputy Secretary Ruben Rodriguez (speaking for Secretary of State Cisco Aguilar) said the move will streamline in‑person services for entrepreneurs and small businesses by co‑locating state services with workforce and business support partners. The lease term is structured as 10 years with two five‑year extensions and an estimated 20‑year value of roughly $3 million; occupancy was targeted for June 1, 2026.
Council members described both leases as elements that complete Civic Plaza’s activation strategy by combining office tenants, programming and food options. The council recorded motions carrying for both items.
