Concussions are the topic du jour these days in the NFL and NHL. Despite the concerns, there's no question athletics can, and do, benefit young people. Sports can teach children confidence, teamwork and discipline, keep them healthy, create family memories and help establish an active lifestyle into adulthood.
Construction crews are back to work at the delayed Cowabunga Bay Water Park in Henderson. The 23-acre attraction at Gibson Road and Galleria Drive is slated to open May 24, according to its website. The 1960s beach-themed water park was supposed to open by Memorial Day weekend 2013, but developer Shane Huish said in April that Cowabunga Bay was only half completed and would open in spring 2014 instead.
Developers of the Shops at Summerlin have announced more stores that plan to open at the long-delayed retail hub. They include Michael Kors, Old Navy, Sur La Table, True Religion, Sephora, Victoria’s Secret, American Eagle Outfitters, the Art of Shaving, Bath & Body Works, Buckle, Clarks, Everything But Water, It’Sugar, Pandora, Resto Lounge, Teavana and Ulta, according to developer Howard Hughes Corp.
A year behind schedule, NV Energy’s ON Line project connecting Northern and Southern Nevada electric systems is complete, officials said today. The 231-mile, half-billion-dollar transmission line runs from the Harry Allen Generating Station north of Las Vegas to the Robinson Summit Substation near Ely.
In southeast Czech Republic, the city of Brno is a short drive from Slovakia and Austria. Flying there from Las Vegas takes a day or more. But if you happen to be passing through and need a new pair of children’s shoes, you'll find a familiar store. Pediped, a Henderson shoemaker founded by husband-and-wife team Brian and Angela Edgeworth, has partnered with a Czech retailer to open two stores in Brno and another in Prague. The stores debuted last year.
Management last week told roughly 220 employees at Citigroup’s sprawling back-office facility at the Lakes that their jobs either would be eliminated by October or become work-from-home positions.
Banks' long-held iron grip on Las Vegas’ wobbly housing market is loosening, as 70 percent of used-home sales now are traditional deals between private buyers and sellers.
Las Vegas’ home construction sector had some ups and downs last year, but overall, things were much better than the previous year. Southern Nevada builders sold 7,303 new homes last year, up 32 percent from 2012.
Las Vegas’ battered commercial real estate market is showing signs of life but remains a long way from full recovery. Last year, investors snapped up properties, landlords signed new tenants, industrial buildings sprouted and developers pushed ahead with big retail projects. Much of the same is expected this year, although the valley still faces big obstacles.
Downtown Las Vegas has been a consistent bright spot in the city’s sluggish economy. Stores and restaurants are opening, new developments are sprouting, and tech entrepreneurs are streaming in to build the valley’s geek scene. Amid the excitement, though, another aspect of downtown is just as noticeable but not nearly as welcoming: the area’s empty, undeveloped land.
A Miami investment firm is buying Las Vegas chemicals maker American Pacific Corp., whose PEPCON plant exploded in a deadly inferno a quarter century ago, for $392 million cash.
Is Summerlin Hospital Medical Center plotting another expansion? Its owners recently bought 7 acres of undeveloped land across the street from the Las Vegas facility, property records show.
Southern California and New York investors have teamed up to buy four distressed senior-housing complexes in Las Vegas. The $75 million acquisition — by Interwest Capital Corp. and Angelo, Gordon & Co. — closed last month.
Some of the more stylish residential buildings in Las Vegas are under new ownership, several years after the recession dented their financial health. ST Residential has sold Juhl and the Ogden — two downtown high-rises — along with One Las Vegas, Loft 5 and Spanish Palms Condominiums for $237 million combined.
If you enjoy science and won’t get claustrophobic living with others in a spacecraft, Bigelow Aerospace has the job for you. The North Las Vegas company is seeking “mature, well-adjusted” adults with technical backgrounds to work part time in astronaut simulation studies.
The valley’s priciest homes typically span at least 6,000 square feet and include wine cellars, movie theaters, outdoor kitchens, indoor pools and elevators.
The owner of a big Las Vegas bank says it will take an almost $400 million hit because a law that targets risky trading will force it to shed investments.
NV Energy, Nevada’s main electric utility, has sold almost 40 acres of vacant land to developer Ryland Homes. The $14.8 million deal closed last month and was announced today by the brokerage firm CBRE Group, which represented NV Energy.
MGM Resorts International has sold about 90 acres of land south of Henderson off Interstate 15. The $11.75 million deal, which closed last month, was a speculative purchase, and the buyers do not have any immediate plans to develop the property.
After years of delay, a proposed Henderson master-planned community that fell victim to the recession might finally see shovels in the ground. The LandWell Co., developer of the proposed 2,200-acre Cadence project between Boulder Highway and Lake Mead Parkway, has sold at least 200 acres to homebuilder Lennar Corp. and is working with Woodside Homes to develop 18 acres.
One in every 859 housing units statewide received a foreclosure-related filing last month, down 53 percent from October and 55 percent from a year ago, according to a new report.
The median sales price of previously owned single-family homes in Southern Nevada in November was $183,000, down 1.1 percent from October but still 25.3 percent higher than a year ago, according to a new report from the Greater Las Vegas Association of Realtors.
Sothy Seang drives to the Donut Hut in east Las Vegas almost every night around 7. He unlocks the door, turns on the lights, starts the fryer and makes hundreds of doughnuts. He doesn’t leave until after 11 a.m. the next day.
A new, massive health club is coming to Henderson. Life Time Fitness is building an $8.5 million, 171,000-square-foot facility just west of Green Valley Ranch Resort, city records show.
If you like burgers, beer and pizza, Las Vegas is the place to be. Infogroup Targeting Solutions said Las Vegas has the second-highest concentration of burger restaurants, is tied for sixth highest for pizza joints and is seventh highest for bars.
The Boulevard mall, a once-thriving Las Vegas shopping hub that slid in popularity and financial health over the years, has been sold to local developer Roland Sansone.
When people think of Pahrump, they don’t usually think of high-minded literary types. The rural, unincorporated town 50 miles west of Las Vegas has legal brothels, a strong gun culture, no major industries and a smattering of casinos.
Homebuilder Robb Beville is a rare breed in Las Vegas: He works for a local company. The valley’s home construction market is dominated by out-of-state, publicly traded builders that are worth billions of dollars, employ thousands of people and sell tens of thousands of homes nationwide each year.
Persuading tech companies to move to Las Vegas can be a tough sell. The valley has a budding geek scene but sorely lacks educated workers, investment cash and job growth. UNLV is a research lightweight, and the few technical students it does produce often bolt town. Moreover, Las Vegas faces increasing competition from other cities that also want to make names for themselves as tech hubs. Despite the hurdles, local government and business leaders are trying to boost the industry and make Las Vegas a city of innovation, not just a gambling getaway.
At first glance, Jonathan and Danielle Jenkins’ new office building doesn’t seem like a hub for innovation. The renovated building, though, is bringing new life to a quiet stretch of downtown.
Las Vegas had the highest rate of upside-down borrowers last quarter among the 30 metro areas listed in a new report: 39.6 percent of local borrowers were underwater last quarter.
Countless Las Vegans fell behind on their mortgages when the housing market collapsed, but many stayed put in their homes, living for free as banks struggled to seize the properties. But now lenders are adjusting to the Homeowner’s Bill of Rights.
Prowling for discounts, an Atlanta real estate firm has been on a Las Vegas buying binge. Trimont Real Estate Advisors acquired at least four distressed apartment complexes last month and two others in May, spending $66 million.
Nevada’s foreclosure rate improved last month but remains one of the highest in the country. One in every 407 housing units statewide received a foreclosure-related filing in October, down 39 percent from September and 15 percent from a year ago, according to a new report from Irvine, Calif., research firm RealtyTrac. Filings include default notices, scheduled auctions and bank repossessions.
After soaring fast and crashing hard, Southern Nevada home values are recovering at one of the fastest rates nationally. But this market isn't alone: Several other cities that experienced housing bubbles and economic destruction when the bubble burst are also leading the pack in real estate recovery.
Las Vegas-based Southwest Gas, which provides natural-gas service to 1.9 million customers in Nevada, Arizona and California, reported its third-quarter earnings today.
After a one-month dip, Las Vegas home prices are climbing again. The median sales price of previously owned single-family homes in Southern Nevada last month was $185,000, up 3 percent from September and 32 percent from October 2012.
Developer EHB Cos. has started construction on a shopping center near Summerlin, giving the west valley one of several new — yet delayed — retail hubs.
Desert Springs Hospital Medical Center in Las Vegas has rolled out a smartphone app that lets users “upload your own photo and gently swipe away the extra pounds from your body."