Las Vegas Boulevard’s decades-old motor lodges, holdovers from the casino mecca’s early years, are small, no-frills affairs. One is up for sale at a hefty price.
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Las Vegas real estate investor Steve Siegel is perhaps best known for his portfolio of low-priced apartment complexes bearing his name, but now he is the Strip’s newest landowner.
Major projects do get built in America’s gambling capital, and there are always people willing to spend time and money outside the casino floors.
Amid a warehouse boom that has depleted the tally of potential project sites in the valley and pushed up land prices, Apex is seeing more construction plans.
The proposal marks yet another new venture for Water Street, a once-sleepy corridor that city officials have long sought to revitalize.
A local developer has launched a new apartment project in downtown Las Vegas after he built and leased one up in the Arts District.
A Walgreens-occupied commercial complex at the northeast corner of Las Vegas Boulevard and Sahara Avenue recently sold for $57 million. It once was the site of the planned Ivana Trump-branded condo complex.
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.