Months after announcing plans for a futuristic mini-city in Las Vegas, the developer has reached a deal to buy a project site for more than $300 million.
Eli Segall
Reporter: Investigations
Email: esegall@reviewjournal.com
Phone: (702) 383-0342
Eli Segall joined the Review-Journal’s investigations team in 2023 after covering real estate for the paper since 2016. Before the RJ, he covered real estate and other business topics for four years at the Las Vegas Sun. Segall has also worked for the Silicon Valley/San Jose Business Journal, The Associated Press and other news groups. He has a bachelor’s in political science from the University of Michigan and a master’s in journalism from the University of Maryland. He has earned awards from the Nevada Press Association, Best of the West, New York State Society of CPAs, National Association of Real Estate Editors, and others.
Despite an overall sales dip this year in Summerlin, homebuilders found more buyers in recent months in Las Vegas’ largest master-planned community.
A Henderson official called the Raiders practice field a “catalyst project,” though developers with projects in the area gave mixed responses as to whether the team’s arrival has sparked any other construction nearby.
The market has slowed considerably this year, after a heated run in 2018 sparked affordability concerns. The cooling, at least in theory, could help jumpstart home sales.
In the latest attempt to pump life into the Huntridge Theater, a local developer is looking to buy and rehab the building.
After two years with some of the fastest-growing home prices in the nation, Las Vegas tumbled closer to the middle of the pack in August amid its ongoing slowdown.
The doors are open at the Las Vegas strip club, the cash register is on, its website is up, and “big flashing signs” outside still advertise the club, the Siegel Group’s general counsel told District Judge Mark Denton during a Tuesday hearing.
Some of the new or expected developments in west Henderson also have landed government-approved cost savings along the way, fetching tax breaks and discounted land.
At least 36 projects are underway, planned or completed in the west Henderson area, including the Raiders practice facility.
Developer Sam Cherry is building his first residential complex since the boom days — a four-story apartment complex in downtown Las Vegas’ Arts District.
With its gas-guzzling MD-80 jets a thing of the past, profits nearly tripled last quarter for Allegiant Air’s parent company.
Three projects were recently unveiled totaling nearly 6 million square feet of space in North Las Vegas.
When the Bellagio was developed more than 20 years ago, it was the world’s most expensive hotel ever built.
A Chicago-area real estate firm has acquired a Las Vegas apartment complex for nearly $34 million.
After weighing a possible sale of the company, Summerlin developer Howard Hughes Corp. has replaced its top boss and unveiled other plans to save and make money.
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