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Hyde Park Shopping Center is a single story, 34,854 square feet retail property at 4241 West Charleston Blvd, near the Las Vegas Medical District on Charleston Blvd. The entire site is 2.7 acre. It was originally constructed in 1954 and added to in 1967, and it was home to the first KFC location in the state in the 1960s.
Demolition of the old property was last month and construction of the new property will take 12 to 18 months to complete. The new Hyde Park will include a quick-serve drive-thru restaurant pad, a potential auto retail space, and an end-cap drive-thru restaurant space, in addition to numerous other retail opportunities.
Gatski Commercial is the property manager and SR Construction is the general contractor of the project.
“This decision was about three or four years in the making. We had been consulting the owners about the need to redevelop,” said Laramie Bracken, executive vice president, Brokerage Services with Gatski Commercial Real Estate Services, which has managed the property since 2003.
“The family members knew they wanted to keep it as a family-run investment for the long-term, and now they’re excited to move forward. This will be a new, modern, updated version of Hyde Park.”
Hyde Park owners, Carpi Enterprises, LLC come from a family of optometrists who operated a vision care practice in the Valley for more than 90 years before closing it in 2018. The family members want to continue their parents’ legacy and redevelop this property.
“When we inherited the Hyde Park Shopping Center from our parents, Leonard and Betty Carpi, we felt a responsibility to continue their legacy, both to them and to our children as the next generation,” said Janice Carpi, a member of the ownership group. "We want to make this a first-class property, and have been working with SR Construction to create a vision for this property. After two years of planning and preparation, we are ready to start this next phase - the demolition of the old Hyde Park Shopping Center and the construction of the Shoppes at Hyde Park. We think our parents would be proud of this re-investment in Las Vegas.”
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