A Reno developer has taken ownership of a big property south of Las Vegas with plans to demolish a closed hotel-casino and build a sprawling industrial park.
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The project, by Reno-based Tolles Development Co., would span more than 140 acres in Jean and could result in a shuttered hotel-casino being demolished.
A Reno developer has drawn up plans for a 1.9 million-square-foot warehouse and distribution complex along Interstate 15 in Jean.
As it has become increasingly difficult to purchase a home in the Las Vegas area, industry sources say more buyers than usual in America’s casino capital are turning to Pahrump.
After growing fast for decades, Clark County’s population is expected to swell by another 1 million people by 2060, a new forecast shows.
UNLV’s Center for Business and Economic Research predicts that visitor volume in Southern Nevada will climb 57 percent this year and 13.2 percent next year, following its 55.2 percent drop in 2020.
U.S. homebuilders’ sales fell to its slowest pace in a year last month, and resales dropped for the fourth consecutive month. And it’s no different in Southern Nevada.
The Las Vegas Valley’s unemployment rate in April, 9 percent, was second highest in the nation among large metro areas, ahead of only Los Angeles at 9.9 percent, the U.S. Bureau of Labor Statistics reported Wednesday .
Demand is fierce and inventory is minimal in the Southern Nevada rental home market, where a report shows prices have jumped 11.3 percent year over year in April.
Kristen Routh-Silberman listed a sleek Henderson mansion for $12.5 million early this month, and within days, she said, she was negotiating two offers.