Las Vegas Business News

Parking will cost $10 or more at some spots near new arena

Construction continues on T-Mobile Arena on Monday, March 21, 2016.

Customers attending events at the new T-Mobile Arena will need to pay at least $10 to park in certain spots nearby, according to MGM Resorts International. Starting with ...

Miner to keep digging for gold despite $12.5M casino win

A Nevada gold miner intends to continue working underground despite winning more than $12.5 million. The Elko Daily Free Press reports that 64-year-old Efren Aguirre of Elko hit the megabucks jackpot at the ...

Las Vegas Sands names Sheldon Adelson’s son-in-law CFO

Las Vegas Sands Corp. announced today that it has appointed Patrick Dumont, son-in-law of CEO Sheldon Adelson, as the company’s chief financial officer. Dumont, 41, has held various leadership roles since ...

Nevada gambling revenue up 8 percent in February

Tapanee “Jib Jib” Songsee deals blackjack Monday, April 21, 2014, at the Cromwell.

February was a lucky month for Nevada casinos, thanks to excitement over the Super Bowl and an extra day on the calendar for leap year. They won $990 million in February, up 8.1 percent compared with the same month ...

Q+A: Why investor is sure buyers will seek out his southwest valley condos

Park House, a three-story, 83-unit condo complex on Flamingo Road, between Durango Drive and Fort Apache Road, in the southwest valley.

During the boom years, it seemed everywhere you looked in Las Vegas a developer was planning an upscale condo project. But when the economy crashed, construction sites were ...

From fry cook to boss: Raising Cane’s manager leads by example

Raising Cane’s manager Carlos Navarro, shown Thursday, March 24, 2016, started his career there as a crew member making chicken fingers by day, then spending four hours a night working to develop a better grasp of English. He will lead a staff opening the newest location soon at 10050 W. Sahara Ave.

Carlos Navarro knew maybe 100 words of English at the time, but he made an enormous impression on his supervisors and colleagues in ways that didn't involve words. After migrating from El Salvador and going to work at Baker Brothers American Deli in ...

Report: Boeing job cuts in Washington state could hit 10 percent

A small group of machinists union members are greeted by a supporter as they march away from a Boeing factory building toward the machinists' union hall in Everett, Wash., Dec. 18, 2013.

The Boeing Co. is reportedly taking steps to eliminate 10 percent of its workforce in Washington state ...

Judge OKs $106 million sale of Haggen to Albertsons

Several Vons and Albertsons stores across the valley were converted into Haggen grocery stores in June.

A judge has approved a bid by Albertsons to take over the remaining Haggen grocery stores, bringing Haggen's bankruptcy proceedings essentially to ...

Riviera too big to implode all at once, official says

Lights are shown on the Riviera facade Sunday, May 3, 2015, before the casino closed.

The hotel towers at the shuttered Riviera will likely each face two separate implosion dates: one in June and the other in August. That’s according to ...

Commercial real estate market in Las Vegas returning to normalcy

Michael Newman, managing director of CBRE Las Vegas, says 2016 could be the best year the company has had in a decade.

Several years after the recession changed the real estate landscape, commercial Las Vegas firms are optimistic about the future ...

The Data: March 27-April 2

All of the information your business needs: Bid opportunities, bankruptcies filed and building permits issued. To add to our data, email us at [email protected].

The List: Commercial real estate brokerages, March 27, 2016

Find out about commercial real estate brokerages. This week, we rank them by total 2015 lease and sales volume.

The Notes: Commercial Real Estate, March 27-April 2, 2016

In the Notes: Nicole Ward, Joanna Opena, Christopher McGarey, Kevin Sigstad, Sherrie Cartinella, Joel Panduro, Tina Africk, Frank Aguilar, Heidi Kasama, Leslie Becker and more ...

How to measure, improve a building’s performance

Whether inhabiting an office building, hospital, school, restaurant or government facility, building occupants expect a safe and healthy work setting that does not hinder productivity.

Bringing back the house call

Tyra Bell-Holland is the owner of RESORTcierge MD, a medical company that treats customers (primarily tourists) who are staying at resorts/hotels. Bell-Holland stands outside of The District with Green Valley Ranch Resort & Spa  Casino, one of the many places she serves.

Tyra Bell-Holland launched her business this year, connecting patients with doctors who are willing to perform house calls. Although tourists make up the majority of her clients, residents are starting to find out about the service, too.

NAIOP head talks education, land and skiing

Mike Shohet, vice president of Jones Lang LaSalle (JLL), poses in the company's office in downtown Las Vegas Thursday, March 3, 2016. Shohet is the 2016 president for NAIOP, a commercial real estate development organization.

The president of the Southern Nevada chapter of the commercial real estate development association NAIOP discusses taxes, the availability of land in Nevada and his passion for skiing and music.

T-Mobile Arena makes a Titanic first impression

Construction continues on the T-Mobile Arena Monday, March 21, 2016.

As the final few seats are installed in advance of the April 6 opening (a night of music by the Killers and Wayne Newton), John Katsilometes looks at a few other highlights from the newest addition to the Strip ...

Hyperloop Technologies gets $9.2 million in tax incentives

Hyperloop hopes to construct a transportation system that could take passengers and freight at high speeds through low-pressure tubes. It plans to build a test track in North Las Vegas.

State officials approved tax incentives worth an estimated $9.2 million for Hyperloop Technologies Inc., one of the teams competing to build a transportation platform that ...

Local woman hits $933,000 jackpot at Las Vegas airport

A local woman won a $933,080 jackpot on a Wheel of Fortune slot machine at McCarran International Airport on Tuesday, March 22, 2016.

Have you ever put money in a Wheel of Fortune slot machine while passing through McCarran International Airport? Did you expect to win? A Las Vegas Valley woman ...

Report: Las Vegas home values furthest from peak

A house is shown for sale Tuesday, Feb. 9, 2016, in Las Vegas.

Las Vegas home values are on the rise — but they have more room to climb than any large metro area to reach peak levels again, a new report shows. The median home value in the Las Vegas area last month was $201,900, up 9 percent from a year earlier. Nationally, the median ...