Proponents of tightening restrictions on short-term residential rentals in Las Vegas were given a narrow victory Wednesday after the City Council approved limiting new permits to owner-occupied homes, likely significantly reducing the number of legal home-sharing units in the future.
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Commissioners voted 4-3 to support the proposed ban, which would grandfather in short-term rentals already permitted by the city. The decision followed more than an hour of public comment, with a majority of speakers opposing the ban.
About 500,000 people stayed at Airbnb rentals in the Las Vegas area last year, the company reports. That’s almost double the amount of visitors in 2016.
Attorneys for the Las Vegas Convention and Visitors Authority board have agreed to sweeten a pending deal for CEO Rossi Ralenkotter by upping his post-retirement consulting contract to $270,000 amid a police investigation of the agency.
The 1,224,485-square-foot resort that will replace them will tower 459 feet over Fremont Street on the north side of the Fremont Street Experience, across the pedestrian mall from the Golden Gate casino.
Despite recreational marijuana use being legal for more than a year in Nevada, Las Vegas’ roughly 42 million annual visitors don’t have many options for where they can use the pot they buy in local dispensaries. State law bans public consumption, and casinos and hotels don’t allow people to consume cannabis on their properties.
Las Vegas city officials see a new downtown revitalization effort as so all-encompassing, they’ve dubbed it Project Enchilada.
The California-based group that’s under contract to buy the property that once housed Las Vegas’ first racially integrated casino wants to build a Moulin Rouge revival and a civil rights museum on the site.
Plans for a new business improvement district aim to boost downtown Las Vegas, but property owners within its boundaries will need to pay up for new projects.
Downtown Las Vegas developer Derek Stevens is planning a 777-room hotel and casino along the Fremont Street Experience, the first bottom-up resort construction project in years for downtown Las Vegas.