Business leaders from China are pouring money into development at the new Shanghai Plaza in Las Vegas.
The groundbreaking on August 4 kicked off with a lively dragon show. For now, the area is just an empty lot. But it won't be long before it turns into something greater.
Renderings suggest that the new plaza will have four two-story buildings with spots for more than 50 new businesses. That'll bring more jobs to the city.
PHOTOS: Groundbreaking for Shanghai Plaza
The shopping center is just the latest project catering to the Asian community in the valley. It was just last year when the Lucky Dragon opened. There's also Resorts Worlds in the works.
It's all part of the bigger plan to help locals and attract more international tourists.
"China and the Far East [are] now one of our key target markets," said Clark County Commissioner Larry Brown. "You're talking over a billion people in China, never mind the entire Far East."
Developers say there are even more projects in the works. As for the Shanghai Plaza, the center is slated to be open for business by August of next year.