Big-league sports boosts interest in Las Vegas Valley real estate

Updated January 19, 2018 - 7:25 pm

Southern Nevada real estate professionals already have seen indications of an anticipated climb in local land values as a result of Las Vegas’ leap into big-league status.

“Building a Big League City” was the theme of a forecast event for the Southern Nevada chapter of NAIOP, a commercial real estate organization, and the group on Thursday dissected issues with a panel representing the marketing side of arriving teams, a keynote speaker from Denver who witnessed a major turnaround for downtown Denver as a result of the construction of Coors Field and a panel of real estate professionals examining the region’s transition.

“The Raiders stadium project has spurred values in the area,“ said panelist Travis Nelson, vice president and commercial sales manager for First American Title.

He said a 2.5-acre parcel just north of the stadium site recently closed for $7.25 million.

“I think it’s also spurred a lot of activity on South Las Vegas Boulevard,” he said.

The stadium project as well as the Raiders’ planned practice facility and headquarters in Henderson have similarly boosted interest in the market, panelists said.

The rise in real estate prices has also contributed to a problem for the Raiders. With land costs exploding, the team has had difficulty finding land for offsite stadium parking necessitated by using acreage that isn’t big enough for the stadium and more than 16,000 parking spaces demanded by Clark County.

Real estate experts also voiced some concern about the sports boom boosting prices to make land for homes, offices and commercial unaffordable.

Another project that has generated interest in Southern Nevada: UNLV’s planned medical school. Panelists said the realization that the region has acknowledged a shortage of doctors and is doing something about it has produced feelers from companies looking to relocate.

But with the opportunity comes new issues.

“A corresponding population growth and wage growth needs to happen,” said Adam Malan, senior director of Logic Commercial Real Estate.

Construction worker shortage?

Panelists said with growth in sports and starting projects in addition to the stadium and Raiders headquarters — the Las Vegas Convention Center expansion, Resorts World and Steve Wynn’s new Paradise Park project among them — there’s also a growing concern about a potential shortage of construction workers.

There’s little doubt that Southern Nevada’s new sports facilities are transitioning the region, just as they did in Denver in the early 1990s.

Keynote speaker Glenn Mueller, a real estate and construction management professor at the University of Denver, said the arrival of Coors Field, the home of Major League Baseball’s Colorado Rockies, dramatically changed Denver’s lower downtown.

Mueller said the area, known as LoDo, once was populated with warehouses and homeless people.

“The mayor has said that people now actually walk around down there,” Mueller said.

Denver’s light-rail system has connected downtown with suburbs for easy transit into the city center. The city has turned a major commercial strip on 16th Street into a pedestrian mall.

Now, he said, businesses and office workers regularly scheduled open houses on opening day of the baseball season and wear Rockies’ colors at each other’s offices.

New Denver issue

Development has expanded in Denver with new mixed-use properties at or near light-rail stations and a new problem — apartment overbuilding — is the city’s new issue downtown.

Mueller said downtown is transitioning again with the conversion of some warehouse properties into grow houses to support Colorado’s recreational and medicinal marijuana industry that began ahead of Nevada in 2014.

The Big League City panel featured Kerry Bubolz, president of the Vegas Golden Knights, Lawrence Epstein, president and chief operating officer of Zuffa, parent company of UFC, and Terry Jicinsky, senior president of operations for the Las Vegas Convention and Visitors Authority, and was moderated by UNLV President Len Jessup.

Panelists concurred that Las Vegas’ current sports boom has been fed by the success of the Golden Knights, the National Hockey League’s most successful expansion franchise, the expected arrival of the Raiders in 2020, the rise in popularity of UFC, the securing of a second annual NASCAR race at Las Vegas Motor Speedway and this year’s arrival of the WNBA Las Vegas Aces, which portends the potential to get an NBA franchise.

Panelists also noted minor-league advancements with this year’s arrival of the Las Vegas Lights FC United Soccer League team and the relocation of the Las Vegas 51s baseball team to a new stadium in Summerlin in 2019.

Epstein noted that while Las Vegas has always been home to big-time entertainment, sports offers the opportunity for every game to be broadcast on television — a great marketing tool for the city.

Big events coming

That type of exposure and the collaboration between UNLV and the LVCVA to bring 2016’s final presidential debate to Las Vegas provided more awareness about the city and could lead to events like a political convention as well as big sports events like the Super Bowl, the NCAA Final Four basketball games and the NCAA’s Frozen Four finals for collegiate hockey.

Las Vegas already is in the running for a Super Bowl once the stadium is built, and representatives of the Raiders and Las Vegas Stadium Authority also have reached out to secure one or more games for the 2026 World Cup soccer tournament.

Contact Richard N. Velotta at rvelotta@reviewjournal.com or 702-477-3893. Follow @RickVelotta on Twitter.

ad-high_impact_4
Golden Knights Videos
Fleury on his three-year extension: To stay in Vegas a long time was big
Vegas Golden Knights goaltender Marc-Andre Fleury said he's glad he'll be a part of the team for a long time. Fleury spoke about signing a three-year contract extension at a news conference at the City National Arena in Las Vegas on Friday.
Las Vegas Morning Update - Thursday, July 5
Las Vegas Morning Update - Tuesday, July 3, 2018
Golden Edge: Free Agency Update
Golden Edge host Bryan Salmond and Golden Knights beat writer David Schoen go over the latest free agency news from the Vegas Golden Knights.
Golden Edge: Knights Host Scrimmage
Golden Edge host Bryan Salmond goes over the Knights second day of scrimmage at City National Arena.
Golden Edge: Prospects Prepare For Scrimmage
Golden Edge host Bryan Salmond goes over the Knights getting ready to participate in a scrimmage for the next few days.
Golden Edge: Previous Prospects Fight For Spot
Golden Edge host Bryan Salmond goes over day two of the Golden Knights development camp.
Golden Edge: One-On-One With Reid Duke
Golden Edge host Bryan Salmond interviews Golden Knights prospect Reid Duke.
Las Vegas Morning Update - Wednesday, June 27
Golden Edge: Golden Knights Development Camp
Golden Edge host Bryan Salmond goes over the Golden Knights development camp and how the prospects are looking to improve their game.
Las Vegas Morning Update - Tuesday, June 26, 2018
David Perron, James Neal set to leave Golden Knights
David Perron, James Neal set to leave Golden Knights Perron and Neal were key contributors on the second line for the Knights, helping the expansion team to the Pacific Division and Western Conference championships. Perron’s agent, Allan Walsh, told the Review-Journal on Sunday that the Knights have not made a new contract offer since the season ended. Neal turned down a five-year, $25 million offer from the Knights at the trade deadline, according to the Calgary Sun.
Golden Edge 2018 NHL Draft Recap
Bryan Salmond Recaps The Vegas Golden Knights 2018 Draft picks Rounds 2-7.
Golden Edge : NHL Draft Round 1
Golden Edge host Bryan Salmond goes over the first round of the NHL Draft picks and the rumors surrounding the Knights recruiting Ilya Kovalchuk.
Golden Knights 2018 NHL Draft Preview
Golden Edge video host Bryan Salmond provides a preview heading into the 2018 NHL Draft and Golden Knights General Manager George McPhee discusses how the team has prepared for it.
Golden Knights Release Schedule For 2018-19 NHL Season
Golden Knights release schedule for 2018-19 NHL season. The Golden Knights will play five of their first six games on the road. The Knights are at Washington on Oct. 10 in a rematch of the Stanley Cup Final and face Pittsburgh the following night. The NHL previously announced the Knights open the season at home Oct. 4 against Philadelphia.
Las Vegas Morning Update - Thursday, June 21
Golden Edge: Knights Take Home Four Awards
Golden Edge host Bryan Salmond recaps the NHL awards where the Golden Knights won in four of the categories.
George McPhee On Winning General Manager Of The Year
Golden Knights General Manager George Mcphee talks about winning General Manager of the Year and the Golden Knights.
Deryk Engelland On Winning Mark Messier Award
Golden Knights defenseman Deryk Engelland talks about winning the Mark Messier award how much impact a team can have on a community.
Gerard Gallant On Winning Jack Adams Award
Golden Knights head coach Gerard Gallant talks about winning the Jack Adams award at the NHL Awards.
William Karlsson On Winning The Lady Byng Memorial Trophy
William Karlsson goes over the Golden Knights season and him winning the Lady Byng Memorial Trophy.
Bark-Andre Furry meets Capitals superfan Ovie the Bulldog
Two of NHL's furriest fans met at the Forum Shops in Caesars Palace on Tuesday, June 18, 2018, in Las Vegas. Vegas Golden Knights superfan Bark-Andre Furry and Washington Capitals superfan Ovie the Bulldog shared a plate of meatballs and spaghetti with help from Logan, "The Girl with the Hat." (Marcus Villagran/Las Vegas Review-Journal) @brokejournalist
Las Vegas Morning Update - Tuesday, June 19
Golden Knights release 2018 preseason schedule
The Golden Knights will be back on the ice at T-Mobile Arena Sept. 16. The team’s 2018 NHL preseason schedule was announced Monday. Scheduled is a matchup with the L.A. Kings — Sept. 20 at Staples Center and Sept. 28 at T-Mobile. Two games against the Colorado Avalanche — Sept. 18 in Denver and Sept. 24 at T-Mobile. Two games against the San Jose Sharks — Sept. 22 at San Jose and Sept. 30 in Las Vegas. The team also announced it will hold its training camp at City National Arena beginning Sept. 13.
Golden Edge Look Ahead: What The Knights Next Season Will Look Like
Golden Edge host Bryan Salmond, Review-Journals sports columnist Ed Graney and Adam Hill go over what to expect from the Golden Knights next season.
Las Vegas Morning Update - Thursday, June 14
Golden Edge: Golden Knights Stick Salute To Fans
The Vegas Golden Knights host a fan fest on Fremont Street to celebrate the teams achievements throughout the 2017-2018 season. Fans were treated to live entertainment, free Golden Knights merchandise and the players came out to see fans.
David Perron talks about becoming a free agent
Vegas Golden Knights winger David Perron talked to the news media a day after their season ended in the Stanley Cup Final. Perron said he wants to stay in Las Vegas. (K.M. Cannon/Las Vegas Review-Journal)
Knights' season ends, but accomplishments stand
Take a video tour through the Golden Knights' accomplishments in their inaugural season.
Golden Edge: Knights Reflect On Stanley Cup Loss
Golden Edge host Bryan Salmond recaps the Knights emptying their locker room and how the team feels about their season ending with a Stanley Cup loss.
Golden Knights fans give advice to their team
Golden Knights fans give advice to the team as they head into Game 5 of the Stanley Cup Final down 3-1 against the Washington Capitals. (Rochelle Richards/Las Vegas Review-Journal)
Knights fans swarm T-Mobile Arena for Game 2 of the Stanley Cup Final
Vegas Golden Knights fans party at Toshiba Plaza outside T-Mobile Arena before Game 2 of the Stanley Cup Final against the Washington Capitals on May 30, 2018 in Las Vegas.
Crowd goes crazy moments before puck drop
The crowd at T-Mobile Arena goes crazy moments before the puck drops in Game 1 of the Stanley Cup Finals against the Vegas Golden Knights and the Washington Capitals, Monday, May 28, 2018 in Las Vegas. (Benjamin Hager/Las Vegas Review-Journal)
Golden Knights fans swarm T-Mobile Arena before Game 1
Golden Knights fans swarm T-Mobile Arena before Game 1 of the Stanley Cup Finals against the Washington Capitals, Monday, May 28, 2018 in Las Vegas. (Benjamin Hager/Las Vegas Review-Journal)
Ryan Reaves becomes Golden Knights' latest unlikely hero
Ryan Reaves has become the Golden Knights latest unlikely hero. Reaves scored the series-clinching goal in the Western Conference Finals. It was his first goal with the Golden Knights. It came after Reaves sat for Vegas' first nine playoff games. Now he's become a integral part of the team's forecheck. He gets his chance and he goes in there and he played great hockey. It’s not surprising.
Golden Knights’ Fleury tickles Wheeler’s ear during Game 3 scrum
Golden Knights goalie Marc-Andre Fleury tickled Jets' Blake Wheeler during a scrum in Game 3. The scrum occured behind Vegas’ net with 2:34 left in the second period of the Golden Knights’ 4-2 victory over Winnipeg on Wednesday night Wheeler, whose helmet was off and had his back to the goalie, somehow seemed unfazed. The Golden Knights lead the Western Conference final series 2-1, and host Game 4 on Friday night.
Voices of Golden Knights players welcome visitors at McCarran airport
Four Golden Knights players will start delivering recorded messages this week as part of the “Voices of Vegas” program at McCarran International Airport.
Raiders Videos
Las Vegas Morning Update — Sunday, July 8
The Raiders team is secretive about tickets, and the new Miss Nevada is Alexis Hilts.
Vegas Nation Stadium Show: Analysis of Raiders Stadium Construction Site
Review-Journal sports reporter Ed Graney and business reporter Rick Velotta go over the recent updates on the Raiders stadium and owner Mark Davis serving food to construction workers.
Las Vegas Morning Update - Friday, June 29, 2018
The Resort on Mount Charleston has sold, Raiders owner Mark Davis throws a barbecue, and a Las Vegas woman found dead was a police informant.
Vegas Nation: Gruden Gives "Final Exams"
Vegas Nation host Bryan Salmond and Raiders beat writer Michael Gehlken go over the Raiders improvement throughout training and how Gruden has been pushing the Raiders.
Vegas Nation: Raiders Deciding On Opening Day Kicker
Raiders beat reporter Michael Gehlken and Review-Journal sports columnist Ed Graney go over he Raiders choosing an opening day kicker and Doug Martin's potential.
Vegas Nation: Mandatory Mini Camp
Vegas Nation host Bryan Salmond, Raiders beat writer Micheal Gehlken and Review-Journal sports writer Ed Graney go over day one of the Raiders mini camp.
Vegas Nation: Derrick Johnson standing out at OTAs
Vegas Nation host Bryan Salmond and Raiders beat writer Michael Gehlken go over the Raiders OTAs and how the team is adjusting to new coaching style of head coach Jon Gruden.
Vegas Nation: Week Two Of OTA's
Vegas Nation host Bryan Salmond and Raiders beat writer Michael Gehlken go over the start of week two of the Raiders OTA's.
Vegas Nation: NFL Owners Meeting Day 2
Vegas Nation host Bryan Salmond and Review-Journal sports writer Gilbert Manzano go over the NFL owners meeting.
Las Vegas Stadium construction site drone footage
The Raiders set up a drone at the Las Vegas Stadium construction site on May 20, 2018.
Las Vegas Stadium Milestones
Las Vegas Stadium Milestones as of May 16, 2018.
Vegas Nation: NFL Owners Meeting Day 1
Vegas Nation host Bryan Salmond and Review-Journal sports writer Gilbert Manzano go over the NFL owners meeting.
Vegas Nation: Raiders Participate In First Day Of Practice
Vegas Nation host Bryan Salmond and Raiders beat writer Michael Gehlken go over the Raiders first day of practice.
Vegas Nation: Raiders Minicamp
Raiders beat writer Michael Gehlken goes over the Raiders minicamp and questions surrounding the Raiders picking defensive lineman Maurice Hurst from Michigan.
P.J. Hall, Maurice Hurst and Jon Gruden Talk About Mini Camp
P.J. Hall, Maurice Hurst and Jon Gruden go over the Raiders Mini camp.
Reggie McKenzie On Final Day Of NFL Draft
Raiders general manager Reggie McKenzie talks about the Raiders final draft picks.
Vegas Nation: Raiders Final Draft Picks
Vegas Nation host Bryan Salmond, Raiders beat writer Michael Gehlken and Review-Journal reporter Gilbert Manzano go over the last day of the draft pick for the Raiders.
Gruden On Day Two Of Nfl Draft Picks
Raiders head coach Jon Gruden discusses the teams second day draft picks.
Raiders trade again, draft DT P.J. Hall and OT Brandon Parker
Raiders trade again and draft DT P.J. Hall and OT Brandon Parker. The team moved back again Friday, this time exchanging the No. 41 overall pick for the No. 57 selection. It then selected former Sam Houston State defensive tackle P.J. Hall. The Raiders parted with No. 75, trading up 10 spots to select former North Carolina A&T offensive tackle Brandon Parker.
Gruden On Bryant Joining Raiders, Bryant On What He Has Left To Prove
Raiders head coach Jon Gruden talks about what Bryant will bring to the Raiders and Bryant talks about what he has left to prove.
Gruden, Miller On First Round Pick
Raiders head coach Jon Gruden and first round pick Kolton Miller talk about the NFL draft first round pick for the Raiders.
Las Vegas Raiders Stadium can help economic boom, expert says
Study after study has concluded that stadiums aren’t effective economic development drivers. But a leading urban growth researcher says Orlando and Las Vegas are exceptions because of the strength of their regions’ tourism economies. The Raiders are building a 65,000-seat, $1.8 billion indoor stadium at Interstate 15 and Russell Road using $750 million of public money authorized by the Nevada Legislature. Las Vegas has a leg up on many cities, because it has an airport at which business people can catch a nonstop flight to virtually any domestic destination. Panelist Cathy Tull, chief marketing officer of the Las Vegas Convention and Visitors Authority, said the presence of out-of-town media for playoff games featuring the Vegas Golden Knights has given the city media mentions that money can’t buy. Another issue receiving the panel’s attention is the need for mass transit with all the teams, venues and anticipated visitation they will generate. Panelists also discussed the prospect of attracting big events like the Super Bowl, the NFL draft and NCAA tournaments.
Reggie Mckenzie On Raiders First Draft Pick
Raiders general manager Reggie Mckenzie on Raiders first draft pick.
Vegas Nation: First Round NFL Draft Pick
Vegas Nation host Bryan Salmond, Review-Journal writer Gilbert Manzano and Raiders beat writer Michael Gelhken go over the first round of the NFL draft picks and the Raiders choices.
Local
Camp Broadway teaches kids how to sing and dance
The Smith Center's seventh annual Camp Broadway musical theater program gives 150 kids ages 6-17 an opportunity to learn musical theater skills from industry professionals over a five-day period. Marcus Villagran/ Las Vegas Review-Journal @brokejournalist
Restoring classic Corvettes to perfection
Members of the National Corvette Restorers Society Convention talk about what it takes to earn the NCRS Top Flight Award for a restored Corvette at South Point in Las Vegas on Tuesday July 17, 2018. (Marcus Villagran/Las Vegas Review-Journal) @brokejournalist
Watch Ruthless! at Las Vegas Little Theatre
The musical Ruthless! will be playing at Las Vegas Little Theatre from July 13-29. (Marcus Villagran/Las Vegas Review-Journal) @brokejournalist
Cadaver art and sword swallowing at The Dark Arts Market
Curator Erin Emrie talks about her inspiration for The Dark Arts Market at Cornish Pasty Co. in Las Vegas Tuesday, July 10, 2018. (Marcus Villagran/Las Vegas Review-Journal) @brokejournalist
'NO H8' Campaign comes to Las Vegas
Hundreds of locals participate in the NO H8 campaign founded by Adam Bouska and Jeff Parshley as a response to Proposition 8, a California ban on same-sex marriage. The campaign has since evolved to represent equal treatment for all. (Marcus Villagran/Las Vegas Review-Journal) @brokejournalist
What to expect at Station Casinos' Fourth of July celebration
Station Casinos' is hosting its annual 4th of July celebration with Fireworks by Grucci. Fireworks scheduled to go off on Wednesday, July 4 around 9 p.m. at Green Valley Ranch Resort, Red Rock Resort, Fiesta Rancho and Texas Station. (Marcus Villagran/Las Vegas Review-Journal) @brokejournalist
Star Wars and Golden Knights mashup at downtown art shop
Star Wars and Vegas Golden Knights fans attend the Boba Fett Golden Knight Paint Class at The Bubblegum Gallery in Las Vegas, Friday, June 29, 2018. (Marcus Villagran/Las Vegas Review-Journal) @brokejournalist
Tourists and locals enjoy Independence Day fireworks at Caesars Palace
Hundreds of tourists and locals gaze at the Independence Day fireworks show at Caesars Palace on Saturday, June 30, 2018. (Marcus Villagran/Las Vegas Review-Journal) @brokejournalist
Clark County recount votes in commission’s District E primary
Clark County staff begin the recount requested by candidate Marco Hernandez in the democratic primary for the County Commission's District E seat on Tuesday, June 26, 2018. (Marcus Villagran/Review-Journal) @brokejournalist
Long-running local hip hop producer wants Vegas rappers to shine
Las Vegas Hip Hop producer and co-owner of Digital Insight Recording Studios Tiger Stylz reflects on 30 years of music production in the city. (Marcus Villagran/Review-Journal) @brokejournalist
"Pawn Stars" fans visit Richard Harrison's memorial at Gold & Silver Pawn
"Pawn Stars" fans from around the world visit the Gold & Silver Pawn Shop in Las Vegas following the passing of Richard "Old Man" Harrison on Monday, June 25, 2018. (Marcus Villagran/Review-Journal) @brokejournalist
Construction for new 51s ballpark underway
New home of the Las Vegas 51s is planned to be finished by March 2019 in Summerlin according to team president Don Logan. (Marcus Villagran/Review-Journal) @brokejournalist
Underground home was built as Cold War-era hideaway
The underground house at 3970 Spencer Street is one of the valley’s most unusual homes built 26 feet underground in 1978 by Girard “Jerry” B. Henderson, who, planned to survive the end of the world there.
Lip Smacking Foodie Tours takes you where the locals go
Donald Contursi talks about Lip Smacking Foodie Tours, which offers walking tours of restaurants on and off Las Vegas Boulevard with food samples and tidbits of history about the places they visit.
Business
Oasis Biotech opens in Las Vegas
Brock Leach, chief operating officer of Oasis Biotech, discusses the new plant factory at its grand opening on July 18. (Bailey Schulz/Las Vegas Review-Journal)
UNLV Tech Park innovation building breaks ground
Construction on the first innovation building at the UNLV Tech Park is underway. (Bailey Schulz/Las Vegas Review-Journal)
Caesars Forum Meeting Center
Caesars broke ground Monday on its $375 million Caesars Forum Meeting Center (convention center) just east of the High Roller observation wheel. (Caesars Entertainment)
Technology reshapes the pawn shop industry
Devin Battersby attaches a black-colored device to the back of her iPhone and snaps several of the inside and outside of a Louis Vuitton wallet. The device, installed with artificial intelligence capabilities, analyzes the images using a patented microscopic technology. Within a few minutes, Battersby receives an answer on her app. The designer item is authentic.
Recreational marijuana has been legal in Nevada for one year
Exhale Nevada CEO Pete Findley talks about the one year anniversary of the legalization of recreational marijuana in Nevada. (K.M. Cannon/Las Vegas Review-Journal)
Young adults aren't saving for retirement
Financial advisors talk about saving trends among young adults. (Bailey Schulz/Las Vegas Review-Journal)
President Trump’s tariffs could raise costs for real estate developers, analysts say
President Donald Trump made his fortune in real estate, but by slapping tariffs on imports from close allies, developers in Las Vegas and other cities could get hit hard.
Las Vegas business and tariffs
Barry Yost, co-owner of Precision Tube Laser, LLC, places a metal pipe into the TruLaser Tube 5000 laser cutting machine on Wednesday, June 20, 2018, in Las Vegas. Bizuayehu Tesfaye/Las Vegas Review-Journal @bizutesfaye
Nevada Film Office Connects Businesses To Producers
The director of the Nevada Film Office discusses its revamped locations database and how it will affect local businesses. (Bailey Schulz/Las Vegas Review-Journal)
Opendoor isn't the typical house flipping company
Unlike most house flippers, the company aims to make money from transaction costs rather than from selling homes for more than their purchase price.
The Venetian gondoliers sing Italian songs
Gondolier Marciano sings a the classic Italian song "Volare" as he leads guests through the canals of The Venetian in Las Vegas. (K.M. Cannon/Las Vegas Review-Journal)
Building In Logandale
Texas homebuilder D.R. Horton bought 43 lots in rural Logandale. (Eli Segall/Las Vegas Review-Journal)
Indoor farming in Southern Nevada
Experts discuss Nevada's indoor farming industry. (Bailey Schulz/Las Vegas Review-Journal)
Former Fontainebleau could have become a Waldorf Astoria
Months after developer Steve Witkoff bought the Fontainebleau last summer, he unveiled plans to turn the mothballed hotel into a Marriott-managed resort called The Drew. But if Richard “Boz” Bosworth’s plans didn’t fall through, the north Las Vegas Strip tower could have become a Waldorf Astoria with several floors of timeshare units. (Eli Segall/Las Vegas Review-Journal)
LVCVA CEO Rossi Ralenkotter announces plans to retire
Rossi Ralenkotter, CEO of the LVCVA, on Tuesday confirmed a Las Vegas Review-Journal report that he is preparing to retire. Richard N. Velotta/ Las Vegas Review-Journal
Cousins Maine Lobster to open inside 2 Las Vegas Smith’s stores
Cousins Maine Lobster food truck company will open inside Las Vegas’ two newest Smith’s at Skye Canyon Park Drive and U.S. Highway 95, and at Warm Springs Road and Durango Drive. Cousins currently sells outside some Las Vegas Smith’s stores and at Fremont Street and Las Vegas Boulevard. (K.M. Cannon/Las Vegas Review-Journal)
Las Vegas home prices to continue to rise, expert says
Lawrence Yun, chief economist at the National Association of Realtors, gives homebuyers a pulse on the Las Vegas housing market. (Eli Segall/Las Vegas Review-Journal)
NV Energy announces clean energy investment
The company is planning to add six solar projects in Nevada, along with the state's first major battery energy storage capacity. Bailey Schulz/Las Vegas Review-Journal
3 Mario Batali restaurants on Las Vegas Strip to close
Days after new sexual misconduct allegations were made against celebrity chef Mario Batali, his company announced Friday that it will close its three Las Vegas restaurants July 27. Employees of Carnevino Italian Steakhouse, B&B Ristorante and Otto Enoteca e Pizzeria, all located in The Venetian and Palazzo resorts, were informed of the decision Friday morning. Bastianich is scheduled to visit the restaurants Friday to speak to employees about the next two months of operation as well as how the company plans to help them transition to new positions.
Nevada has its first cybersecurity apprenticeship program
The Learning Center education company in Las Vegas has launched the first apprenticeship program for cybersecurity in Nevada. It was approved by the State Apprenticeship Council on May 15. (K.M. Cannon/Las Vegas Review-Journal)
Las Vegas union members voting to authorize the right to strike
Thousands of Las Vegas union members voting Tuesday morning to authorize the right to strike. A “yes” vote would give the union negotiating committee the power to call a strike anytime after June 1 at the resorts that fail to reach an agreement. (Todd Prince/Las Vegas Review-Journal)
Small businesses struggle to find qualified candidates
A 2018 survey found that over two-thirds of small businesses in Nevada find it somewhat to very difficult to recruit qualified candidates. Bailey Schulz/Las Vegas Review-Journal
Nevada secretary of state website offers little protection against fraudulent business filings
Property developer Andy Pham tells how control of his business was easily seized by another person using the secretary of state website.
Caesars may be going solo in its marijuana policy
Several Southern Nevada casino companies aren’t following Caesars Entertainment’s lead on marijuana testing.
How much is the Lucky Dragon worth?
Less than a year-and-a-half after it opened, the Lucky Dragon was in bankruptcy.
Gyms and discount stores take over empty retail spaces
Grocery stores used to draw people to shopping centers. But many large retail spaces have been vacant since 2008. Discount stores like goodwill and gyms like EOS Fitness are filling those empty spaces, and helping to draw shoppers back in. K.M. Cannon/Las Vegas Review-Journal
Funding source of Las Vegas stadium for the Raiders is sound, expert says
The stadium is funded in part by $750 million of room taxes, the biggest such tax subsidy ever for a professional sports stadium. Robert Lang, executive director of Brookings Mountain West and The Lincy Institute at UNLV, says that is a good use of public funds. (Richard Velotta/Las Vegas Review-Journal)
Las Vegas needs light rail, expert says
Robert Lang, executive director of Brookings Mountain West and the Lincy Institute said he is afraid of a "congestion mobility crisis." Las Vegas needs a light rail system, he said, to accommodate the city's growing number of attractions. (Richard Velotta/Las Vegas Review-Journal)
Three takeaways from Wynn Resorts' Earnings Call
Matt Maddox came out swinging in his first earnings conference call as Wynn Resorts chief executive officer, boasting of record Las Vegas quarterly revenues and applicants lining up for work.
Star Wars VR Comes to Las Vegas
Sneak peak at the new "Star Wars: Secrets of the Empire" VR experience at the Grand Canal Shoppes.
TOP NEWS
News Headlines
Add Event
Home Front Page Footer Listing
Circular
You May Like

You May Like