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.
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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.