Henderson businesses forced to move on as high-rise project embroiled in lawsuits

LAS VEGAS (KLAS) — Exterior fencing has blown into the property, exposed siding is starting to erode, metal wall panels are laying out on the sidewalk and it’s at odds with where business owners are in building Henderson’s next great chapter.

The Watermark was on the minds of some at the Water Street District Business Association meeting at the Little Chapel at the Corner, and Yvonne Wallace, co-owner of Pacific Diner, pointed out the high rise’s exposed elevator shaft could be seen from the meeting.

<em>Water Street District Business Association meeting at the Little Chapel at the Corner. (KLAS)</em>
Water Street District Business Association meeting at the Little Chapel at the Corner. (KLAS)

“I just hope that whatever is going on with the building is able to get worked out,” she said. “We want people walking down on Water Street—we want it to be the destination of choice.”

Wallace’s restaurant, Pacific Diner, is still planned to go inside The Watermark but she and her husband said they don’t know the project’s new timeline since Gillette workers walked off the job in December of last year.

“I think it’s been four months since we’ve gotten an update,” Wallace said. “We called Gillette and wanted an update from them, so we sent an email to both saying, ‘Hey, what’s going on?’’”

<em>Yvonne Wallace, co-owner of Pacific Diner (KLAS) </em>
Yvonne Wallace, co-owner of Pacific Diner (KLAS)

Gillette Construction did not respond to Wallace and she says she later noticed the construction company’s Water Street office closed.

“We really want to be in there,” she said. “It saddens us that we aren’t because, you know, we want to be on Water Street, who doesn’t?”

A perfect location, at first glance

A letter of intent was submitted for a restaurant space at The Watermark by Charles Braun, SWF Modern Barbeque executive pitmaster, but he says he didn’t notice problems at first glance.

“We were feeling really good about The Watermark in October, November of 2023,” he said. “We did a walk-through of the entire building with the construction foreman and we thought it would be the perfect location for our concept.”

However, as soon as Braun set foot in the building during the walkthrough, he noticed problems immediately.

“We noticed several discrepancies between the actual construction ‘blueprints’ that were posted online on the commercial real estate sites,” Braun said. “We also noted that there was no way possible that the building would be ready for occupancy for at least four to six months after scheduled opening date.”

Braun said he noticed there was no HVAC or plumbing in place for a property that was supposedly close to completion, and that’s when communication from the property owner, Strada Development Group, stopped.

  1. The Watermark in Henderson. (KLAS)
    The Watermark in Henderson. (KLAS)
  2. The Watermark in Henderson. (KLAS)
    The Watermark in Henderson. (KLAS)
  3. The Watermark in Henderson. (KLAS)
    The Watermark in Henderson. (KLAS)
  4. Construction materials laid out near the Watermark in Henderson. (KLAS)
    Construction materials laid out near the Watermark in Henderson. (KLAS)
  5. Construction materials laid out near the Watermark in Henderson. (KLAS)
    Construction materials laid out near the Watermark in Henderson. (KLAS)

“We never heard from anyone involved with The Watermark again,” he said. “And within a week, all activity at the site ceased.”