Showing posts with label Strip. Show all posts
Showing posts with label Strip. Show all posts
Wednesday, March 14, 2007
Strip projects seen as saviors of sagging construction sector
Nearly $30 million in construction projects on the Strip will carry Las Vegas through the next couple years of slowed construction in the residential market, economic analyst John Restrepo said Tuesday at a presentation for the Nevada Contractors Associat
Residential housing in Las Vegas slows while the Strip continues to build
Yesterday our friend John Restrepo spoke to the Nevada Contractors Association. Among his comments were these facts and figures:
- Over the next 15 years the Las Vegas Valley population is projected to increase by 53 percent to nearly 3 million people.
- McCarran International Airport is very near its passenger capacity, transporting 48 million passengers in 2006 (an impressive average of 4 million a month).
- Vacant land went from $367,000 an acre in 2004 to $597,000 by the end of last year; and he says it's not going back down where it used to be.
- Construction jobs in Las Vegas are at a level about twice the national average, accounting for 12 percent of employment.
- Las Vegas enjoys a 6 percent job growth rate, also twice the national average.
Heading on with Echelon
Robert Boughner knows comparisons will be made between Boyd Gaming Corp.'s planned $4.4 billion Echelon Place development and the $7 billion Project CityCenter that MGM Mirage is constructing a few miles south on the Strip. 
Stardust Implosion is Catalyst for North Strip Luxury Real Estate Transition
Tuesday, March 13, 2007
A look at Vegas’ past and future! Part 1 of 2
With roughly 20 Billion dollars worth of construction happening in and around the Core and North Strip alone, its apparent that Las Vegas is reinventing itself once again. Developments like project MGM City Center and Echelon Place will introduce high end boutique hotels and residences such as the Veer condos at City Center and Shangri-La at Echelon Place. Lets take a look back to better understand where we are today.
Stardust Towers Come Down for Eschelon
LAS VEGAS-LVI Services implodes the famous casino on the Las Vegas Strip in the early morning hours in preparation for Eschelon Place, Boyd Gaming's multi-billion replacement. 
Thursday, March 08, 2007
Maxim Gets Approval To Build
About nine months ago, Maxim Magazine held their 100th issue party in Vegas. And it was at that time that rumblings started that the men's magazine was looking to expand their empire into Vegas with an actual resort. 
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