Southern California real estate firms Lyon Living and LandSpire Group recently started construction on a 294-unit rental complex at The Gramercy in the southwest valley.
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Visitor volume remains below pre-pandemic levels, but investors are betting big that Las Vegas is back on track.
Florida developer Jeffrey Soffer aims to open the towering resort in 2023, after initially breaking ground in 2007.
The company owns six undeveloped sites and likes the idea of “essentially doubling the size of our current operating platform here in Las Vegas.”