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.
rj-has-vdo
Arizona-based The Wolff Co. broke ground this year on a 316-unit apartment complex called LVB.
“As long as mortgage rates and prices remain high, buyers will be looking for a relief valve,” an analyst said.
The permits were issued the same day the Clark County Commission approved Fertitta’s plans for a towering hotel-casino on Las Vegas Boulevard.
The Las Vegas City Council approved an agreement that calls for a five-story, 84-unit rental complex with commercial space in a segregation-era neighborhood.
Blasted out of the McCullough Range by Hong Kong tycoon Henry Cheng, the luxury Henderson community boasts more than 300 homesites.
Jackie Robinson unveiled a new funding Wednesday for his arena and hotel project on the north Strip, which has been on the drawing board for nearly nine years.
Clark County commissioners gave the green light for a 43-story, 2,420-room project at the southeast corner of Las Vegas Boulevard and Harmon Avenue.
The average asking rent for Southern Nevada apartments was $1,451 per month during the third quarter, down almost 2 percent from the second quarter.
Elevated borrowing costs have slowed home sales in Southern Nevada and around the country this year.
Real estate mogul Jeffrey Soffer’s company announced plans for a new 50,000-square-foot events center at the iconic Fontainebleau Miami Beach.
The Clark County Commission voted 7-0 to deny a 575-home subdivision map in Coyote Springs, blocking a step in the development process that’s needed to enable home construction.
The Las Vegas-based airline said its resort was previously selling rooms for as early as May 2023, but it has now “pushed back the selling date to September 2023.”
Toll Brothers, which has projects around the Las Vegas Valley, opened two neighborhoods in the Desert Color master-planned community just north of the Arizona border.
The median sales price of previously owned single-family homes was $450,000 last month, unchanged from August.
The towering hotel project calls for restaurants, convention space, a spa, pools, wedding chapel, an auto showroom and more.
Fremont9 is now known as Ely on Fremont, and its new landlord is scheduled to hold a ribbon-cutting ceremony Thursday.
Mortgage rates fell in August, helping new home sales, but borrowing costs have since climbed higher.
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.