Buolder City puts the brakes on growth, and its population barely budged over the past decade or so. Nonetheless, city government has spent millions more on its workforce in recent years.
Eli Segall
Reporter: Investigations
Email: esegall@reviewjournal.com
Phone: (702) 383-0342
Eli Segall joined the Review-Journal’s investigations team in 2023 after covering real estate for the paper since 2016. Before the RJ, he covered real estate and other business topics for four years at the Las Vegas Sun. Segall has also worked for the Silicon Valley/San Jose Business Journal, The Associated Press and other news groups. He has a bachelor’s in political science from the University of Michigan and a master’s in journalism from the University of Maryland. He has earned awards from the Nevada Press Association, Best of the West, New York State Society of CPAs, National Association of Real Estate Editors, and others.
The Three Affiliated Tribes acquired 23 acres along Las Vegas Boulevard, but some tribal citizens believe money could be better spent on the reservation.
Much of the hotel tower is enclosed, and the resort’s agave plant logo, spanning 18 feet tall and 42 feet wide, is installed at the top of the building.
The Houston billionaire is acquiring the Hard Rock hotel-casino at Lake Tahoe and will transform it into a Golden Nugget-branded property.
Some signs of an uptick follow a year in which homebuyers, locally and nationally, pulled back amid a sharp rise in mortgage rates.
Tolles Development Co. is looking to start the first phase of a warehouse and distribution complex off Interstate 15 in Jean in the second quarter of 2023.
“As long as mortgage rates and prices remain high, buyers will be looking for a relief valve,” an analyst said.
The typical rent in the Las Vegas-area last month was just over $1,890, up 8 percent from a year earlier, compared with a 25 percent year-over-year rent hike in August of 2021.
The 35-acre property features 1,470 rooms, 50,000 square feet of casino space, a 1,200-seat theater and 100,000 square feet of convention and meeting space.
The Pinball Hall of Fame was built over its property boundaries, encroaching on the soon-to-be-built Dream Las Vegas casino-resort.
The Las Vegas housing market looks dramatically different than it did just several months ago.
Developer J Dapper aims to start construction next year on the long-shuttered Huntridge Theater and figures it could cost upwards of $22 million to redevelop the World War II-era venue.
Developer CapRock Partners sold two industrial buildings spanning 1.1 million square feet near Las Vegas Motor Speedway.
Developer Brett Torino expects the first wave of retail space for Project63 to be completed in October, with the remaining batch finished in February 2023.
Casino operator Bally’s Corp., which is buying the hotel-casino, would “almost certainly” look to rename the property as Bally’s and likely look to redevelop the property.
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