Moonwater Capital Continues to Plan 210KSF Halo Tower in Spring Valley

Credit: Yihong Liu + Associates/Clark County
Credit: Yihong Liu + Associates/Clark County

Representatives of Moonwater Capital stated plans for Halo Tower, aneight-floor office building at the NEC of West Sunset Road and South Riley St. in Spring Valley, are continuing to move forward.

Moonwater Capital is the owner and developer. Kaempfer Crowell is the legal firm representing the project. Design documents indicate Yihong Liu + Associates is the architect. Project representatives confirmed Martin Harris Construction is the general contractor.

The 210KSF building is to be constructed near The Bend retail complex. The Clark County Board of County Commissioners initially approved the project in June 2023, and then later approved an extension in May of this year.

According to the approved documents, plans include a 660.2KSF parking garage. Developers have also made room for 19.5KSF of restaurant space on the 4.2-acre site. The garage will be six stories and built directly north of the office building. The restaurants will be located on the top floor of the garage. In total, estimates indicate the project will cost more than $130M.

Surface parking will also be constructed between the garage and the office complex. While only 1,104 parking spaces are required, developers have opted to include 1,150 spaces.

Aesthetically, the office building will use various shades of grey with white and orange accents. It will use decorative metal and panel systems, a stone tile exterior and an aluminum storefront window system. Mounted equipment on the roof will be screened via parapet walls.

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Credit: CBRE/Moonwater Capital

The garage will have a varying roofline from 65.5 feet to 92 feet. The exterior will be made up of stucco and stone tile exterior clad. Three restaurant spaces will be on the top floor, each of which will also have a stucco exterior. The dining areas will feature orange metal-clad canopies.

According to project representatives, electric and fiber conduits and water and sewer connection points have been established.

No building permits have been issued, but developers are hoping to break ground early 2026. According to project representatives, the company is currently amidst a pre-leasing campaign. As of now, completion is projected for Q1 of 2028.

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Mark Hobaica

Mark Hobaica

Executive Vice President

Core Construction

Since 2019, as CORE Construction’s Executive Vice President for Nevada, Mark ensures every client CORE serves receives the highest level of personalized care for every project. Mark’s passion is client Trust. He cares deeply about CORE’s reputation, partnerships and providing the highest quality and services, as well as most honest and best value possible. He has worked in the Las Vegas Valley and for the Public Works sector for nearly 35 years. He began as an owner in a local architectural firm designing and overseeing projects for Public Works clients for nearly 12 years. He clearly understands the expectations of the public sector, as he then directed numerous projects for over 16 years as the City Architect for the City of Henderson. His focus has always been delivering projects using CMAR or Construction Manager at Risk as he has implemented dozens of projects with his trusted approach, while always involving every stakeholder to ensure each individual receives the highest level of services expected.