Vici Properties, which owns The Mirage’s real estate, entered a lease with Hard Rock International that calls for initial annual rent of $90 million.
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The sale of 10 acres at Las Vegas and Elvis Presley boulevards for $120 million to Claudio Fischer should be completed by mid-December. But what does he have planned?
Las Vegas has a long history of blowing up buildings to clear space for new ones. And now, a pipeline of big demolitions is set to remake parts of the Strip and other pockets of Southern Nevada.
Crowds during the race will likely be massive. As seen Friday on Hotels.com, dozens of hotels in the Las Vegas area are sold out that weekend.
Just over 27 percent of pending sales in the Las Vegas area fell through in June, the highest cancellation rate in the nation, according to Redfin.
Chinatown Plaza, built in the 1990s, became a hub of Asian cuisine and culture in Southern Nevada.
Southern Nevada’s housing market is no stranger to volatility — and lately, it seems the industry is on anything but even ground.
The property owners are seeking $7 million an acre, or $182 million total, for the spread near Mandalay Bay.
Las Vegas Boulevard’s decades-old motor lodges, holdovers from the casino mecca’s early years, are small, no-frills affairs. One is up for sale at a hefty price.
Major projects do get built in America’s gambling capital, and there are always people willing to spend time and money outside the casino floors.