Las Vegas Business News

Rebuilding years in Southern Nevada

A nine-story tower at the Gramercy, formerly called ManhattanWest, is imploded Feb. 15, 2015. The land is being considered for an office high-rise.

After the bubble and burst, Las Vegas’ commercial real estate industry is picking up again. Weak spots remain, but mothballed projects are being completed, warehouse construction is on the upswing, the bloated office vacancy rate slowly is improving, investors are buying shopping centers at a fast clip, and land sales are climbing ...

16 March 2015
By Eli Segall

Las Vegas gets taste of Australia, Asia and Texas; Golden Nugget shines anew

Hungry? Three new restaurants open in the valley this week, but those with a sweet tooth bid farewell to an off-Strip favorite. Also, a familiar building gets a glamorous new look with a golden price tag ...

16 March 2015
By Eva Chidester

Shopping centers, hit hard during the recession, are coming back to life in Southern Nevada

Sergio Montegrande is planning to open an Italian restaurant at the District at Green Valley Ranch, which has seen an increase in foot traffic since opening a road to vehicular traffic that once was restricted to pedestrians.

The recession was rough on Las Vegas’ commercial retail centers. The District at Green Valley Ranch and Town Square struggled. Tivoli Village encountered construction delays and a slow start. Today, however ...

15 March 2015
By Danielle McCrea

People on the Move: March 15-21

In the Notes: Michael Falater, Ellen Guerra, Gary Schechner, Troy Wade, Debbie Landry, Gary Armentrout, Matthew Hoyt and more ...

15 March 2015

The Notes: March 15-21

Grand Bazaar Shops, Bardot Brasserie, Scientific Games, Insert Coin(s), DaVita HealthCare Partners, Cashman Equipment and more ...

15 March 2015

The Notes: Commercial Real Estate, March 15-21

In the notes: Kara Walker, Elaine Elliott, Jeanie Haddox, Joseph Miller, Mark Rowland, Phillip Ohler, Joseph Vassallo, Kevin Higgins, Garrett Toft, Scott Donaghe, Bob Miller and more ...

15 March 2015

Time to license, audit court-appointed guardians

When people in Nevada are no longer capable of handling their own financial affairs and have no family to help, the court makes them wards of the state and they are assigned guardians. But what if their guardians are con men, stealing from those they were hired to protect? The state needs regulations to prevent such crimes.

15 March 2015

Financial advisor: ‘Choose carefully’ with whom you associate

Mike PeQueen, managing director/partner of HighTower Las Vegas, poses in his office in Henderson Monday, March 9, 2015.

The managing director and co-founder of financial advisory firm High-Tower Las Vegas discusses common finance mistakes, the firm’s quick rise to prominence in Southern Nevada, and his penchant for adventure.

15 March 2015
By VEGAS INC Staff

Not your typical used-car salesmen

Ken Tangen, left, and Ryan Hamilton pose at Celebrity Cars Las Vegas Wednesday, March 4, 2015. The company recently moved from a showroom at the Palazzo to a new 20,000 sq. ft. showroom at 7770 Dean Martin Drive.

Boutique automotive dealership has featured unique and ever-changing offerings in Las Vegas since 2001.

15 March 2015
By VEGAS INC Staff

Office spaces encouraging workers to interact

Open-area break rooms, game rooms, lounges and outdoor Wi-Fi hotspots are replacing hard-walled offices to cultivate collaborative collisions and provide a relaxed atmosphere.

15 March 2015
By Taber Thill

Industrial development catching up to need

Retailers, consumer goods and e-commerce are driving demand for big-box industrial spaces here and across the country. Proximity is the key to profitability in this era of same- and next-day delivery, and retailers want their distribution centers near their customers.

15 March 2015
By Xavier Wasiak

The Data: March 15-21

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].

15 March 2015

Retail shopping is so last season

Container ships line the docks at the Port of Los Angeles on Feb. 23. Dockworkers at nearly all West Coast seaports ended February hustling to load and unload cargo ships that had been held up amid a months-long labor-management dispute.

A nine-month labor conflict between dockworkers and West Coast ports ended late last month with a tentative agreement, but the ripple effect of the stalemate will be felt throughout the West for months to come. For consumers, the slowdown has meant a lag in ...

15 March 2015
By Andrea Domanick

‘Beyond our control’: Businesses in the Riviera are facing an uncertain future

Neil Scartozzi at his Celebrity Club Barber Salon on Friday, Feb. 20, 2015, at the Riviera.

For private businesses operating in the Riviera, news that the resort would be shut down came as a complete — and unpleasant — surprise. One owner said he was disillusioned because it felt like his long history with the hotel was never taken into consideration. Other owners ...

13 March 2015
By J.D. Morris

Nevada unemployment climbs as more seek jobs, officials say

Nevada’s unemployment rate rose to 7.1 percent in January from the previous month, but the increase is indicative of ...

12 March 2015
By Cy Ryan

Group predicts March Madness wagers will hit $9 billion

Bettors stand in line to make their wagers at the LVH sports book during the second round of the NCAA basketball tournament Thursday, March 20, 2014.

The American Gaming Association is again using a major athletic event to draw attention to sports betting, this time estimating that Americans will wager upwards of $2 billion through more than 70 million brackets on this year’s March Madness college basketball tournament. The Washington, D.C.-based trade group for the casino industry announced its predictions in ...

12 March 2015
By J.D. Morris

Free clinic downtown will serve Southern Nevadans who are still uninsured

(From right) Dr. Florence Jameson, a veteran OB/GYN in town, checks on patient Maria Sosa-Cuellar at the Volunteers in Medicine on Wednesday, September 3, 2014. Jameson is is also the volunteer CEO there which opened its first clinic a few years ago to serve uninsured patients.

Since the rollout of the federal health care law, the percentage of uninsured Nevadans has dropped nearly 10 percent. But there are still more than 300,000 people without health insurance in the state. Volunteers in Medicine of Southern Nevada, a nonprofit group, hopes to fill that void with a downtown clinic, scheduled to open in August.

12 March 2015
By Jackie Valley

Betting on simulated horse races will soon be off and (virtually) running in Nevada

Screenshot of a scene from a William Hill virtual racing game.

Nevada race books will soon start offering wagers on events that never happen in real life. The Gaming Commission authorized betting on virtual events last month, and now ...

12 March 2015
By J.D. Morris

CEO exits Las Vegas bank for marijuana startup

President and CEO John Sullivan is shown at First Security Bank in Las Vegas Tuesday, September 9, 2014.

John Sullivan made a name for himself as medical marijuana investors’ go-to banker in Las Vegas. Now, he has left his job and ...

12 March 2015
By Eli Segall

Business, interfaith groups support Sandoval’s proposal to pay for education reform

The Las Vegas Global Economic Alliance joined forces today with Nevadans for the Common Good in support of Gov. Brian Sandoval’s proposal to pay for hundreds of millions of dollars in new spending on public education in Nevada.

11 March 2015
By Las Vegas Sun Staff
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