The names were big and their plans even bigger, but the property near the Las Vegas Strip has nothing to show for it. Now new owners are taking a chance on the 60-acre site, purchasing it for $130 million.
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Developers want to build 500,000 square feet of offices, nearly 100,000 square feet of retail space and 875 apartments at Durango Drive and the 215 Beltway in southwest Las Vegas.
Irvine, California-based Parcel Pending has announced that its “Smart Home Lockers” will be installed in luxury builder Toll Brothers’ Mesa Ridge community.
Here’s a look at five big houses in the Las Vegas Valley that were repossessed by lenders or bought at foreclosure auctions last year, as shown in Clark County records.
The peak boom-era median sales price of previously owned single-family homes was $315,000. Adjusting for inflation, the market has much more than a $15,000 gap from the previous high. In today’s dollars, the peak resale price was around $390,000.
Las Vegas’ housing market hit top speeds last year. Sales prices and rental rates rose at some of the fastest clips in the country, newly built apartments filled with tenants, and developers sold the most homes in more than a decade.
Bob Massi, a lion-haired Las Vegas Valley lawyer and television personality, has died.
The median sales price of single-family homes last month was $300,000, the first time it reached that level since September, according to a new reportfrom the Greater Las Vegas Association of Realtors.
A Las Vegas real estate firm has finished a Seattle high-rise that was left as a giant hole in the ground by its now-imprisoned former developer.
Eric Cohen is part of a wave of developers who have flooded the Las Vegas suburbs with new apartments in recent years. For one of his newest projects, however, he’s building in a markedly different location: an office park near the Strip.