Buildings and other structures that comprised the property are gone after Station Casinos said last summer it would demolish the property.
mc-business
Nationwide, the pace of resales “waned” for the 12th consecutive month in January.
Dreamscape Companies raised $850 million and will use some of the funds to bankroll a “multi-phase renovation” of the Rio.
Some casino operators touted the benefits of owning their properties or stated they aren’t looking to sell them and rent them back.
Joe DeSimone held a ceremonial groundbreaking Tuesday for a six-story, Atwell Suites-branded hotel in the parking lot of The Pass.
It features wall-mounted lanterns and planter boxes, a fountain, and “storefront” windows for eateries named after the owners’ kids.
The average monthly rent for a Southern Nevada apartment was down 1 percent from 2021, following a 22 pecent increase that year.
Las Vegas has some of the world’s biggest hotels, and resort operators and other businesses regularly roll out new ways to capture tourists’ attention and dollars.
Work crews are scheduled to break ground this month on a 324-unit rental project several miles south of the Strip.
A tribal nation that acquired most of the Route 91 site is buying the former White Sands Motel for more than $10 million.
After a sharp slowdown in 2022, Southern Nevada’s housing market started the new year still trekking down the same path.
United Rentals laid off 119 people in Las Vegas, effective Jan. 6, according to the Nevada Department of Employment, Training and Rehabilitation.
Las Vegas homebuilders ended 2022 with sharp drops in sales and construction plans from year-earlier levels, capping a dramatic change for the once-heated market.
A top executive with Vici Properties this week reiterated its stance that the Strip is the world’s premiere cash machine.
InProduction, which provides temporary seating, staging and the like for events, leased a newly built project that spans more than 102,000 square feet.
Dermody Properties, which broke ground more than a year ago, has landed slot machine maker Aristocrat Gaming and footwear company OluKai as tenants.
Southern Nevada’s housing market may have slowed last year, but its range of sales prices, from one extreme to the other, was plenty wide.
As much as 10 million square feet of industrial space could be built in the Eldorado Valley.
Housing affordability and evictions comprise “the biggest issue facing our community,” the Southern Nevada nonprofit law firm said in a news release.
The locals-focused casino chain submitted site plans, renderings, water and traffic impact statements, parking analysis, and other details.
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