Home-goods retailer Restoration Hardware plans largest U.S. store for Las Vegas

If you’ve always wanted to peruse a collection of $3,000 sofas while enjoying a glass of wine, your time is coming.

Executives with the Tivoli Village retail, office and dining district in Peccole Ranch said Friday that upscale home-goods retailer Restoration Hardware of Corte Madera, Calif., will open its largest U.S. store yet under the retailer’s RH Gallery concept.

At more than 70,000 square feet, the store will be Restoration Hardware’s first Nevada location, and only its fifth RH Gallery worldwide. It will also anchor Tivoli Village’s 200,000-square-foot second phase, under construction on Rampart Boulevard north of Alta Drive.

RH Gallery also has stores in Atlanta; Boston; West Hollywood, Calif.; and Greenwich, Conn. The Atlanta store is currently the biggest outpost, at 68,000 square feet. The typical Restoration Hardware store is about 10,000 square feet.

The RH Gallery concept is built to look like a custom mansion, with garden terraces, wine bars and cafes.

It’s too early for details on the Tivoli Village store’s features beyond noting that it will be four stories tall. But the 40,000-square-foot Boston location has a billiard lounge, a pub that serves craft beers and a cinema room that shows classic movies. The Atlanta store has a rooftop garden and conservatory.

It took more than two years of negotiations to land RH Gallery, said Patrick Done, Tivoli Village’s president. The retailer looked across the Las Vegas Valley but chose Tivoli Village for its westside location, where it’s within seven miles of nearly 700,000 residents earning annual household incomes of $75,000 to $100,000 or more, Done said.

RH Gallery’s decision will spur other retailers, particularly in home furnishings and fashion, to firm up leases in Tivoli Village, Done said.

Matt Bear, a retail broker with CBRE Las Vegas who wasn’t involved in the deal, said it was “absolutely critical” for Tivoli Village to land the retailer.

When the 1.6 million-square-foot shopping district at Downtown Summerlin relaunched building in mid-2013, it “took a lot of momentum” from Tivoli Village, Bear said.

“Retailers make decisions that look like what they’ve done in other locations. Tivoli Village has always been something different and, in my opinion, special,” Bear said. “When retailers saw a plan they were familiar with in Downtown Summerlin, a lot of them took the easy solution. But that’s also why Restoration Hardware is a good fit for Tivoli Village. Restoration Hardware has made its name by being something different, by giving the consumer a bigger, deeper experience.”

Done said the RH Gallery store is scheduled to open in spring 2016.

When complete, Tivoli Village will have 450,000 square feet of retail space and 300,000 square feet of office space.

Contact Jennifer Robison at jrobison@reviewjournal.com. Find @J_Robison1 on Twitter.