Category Archive : Area Living

LAS VEGAS, NV – Downtown North Las Vegas, parts of which are still considered ‘depressed’ despite the economic boom taking place throughout the Southern Nevada region, is nonetheless experiencing a degree of growth in recent months that seems to be putting it on a course to intercept the reset of Las Vegas in due time. And one manner in which that growth is taking place is in the form of a new multi-million dollar entertainment complex that is sure to put the area on the map.

Maya Cinemas will be opening a new $75 million, 14-screen movie theater in front of the Silver Nugget Casino, an area of North Las Vegas that is considered economically depressed but that experts say is on the verge of a growth spurt, given the need for real estate in the area to satisfy the many new inhabitants that moving there. The opening of a new, state-of-the-art movie theater in the area, according to Maya Cinemas, is sure to serve as a catalyst for continued development in the under-served community, attracting more businesses and residents as its profile continues to improve.

In addition, local businesses are hoping that such an investment in their community will improve their fortunes as well, considering the increased foot traffic that a high-profile entertainment complex is sure to bring. Also, local residents, according to reports, are excited about finally getting a high-tech movie theater right in the heart of their very own neighborhood.

The theater, slated to open in late January of 2019, will feature luxury reclining leather seats situated in large-scale stadium seating, booming Dolby surround sound set-ups, a large arcade stocked with all the latest and greatest video games, snack counters stocked with a plethora of treats, and a cantina where grown-ups can unwind after taking in the latest blockbuster.

Maya Cinemas ownership noted that the impending opening of their theater in North Las Vegas has already attracted other merchants to the community; four restaurants and eleven retail establishments are already in the works in the immediate vicinity of the theater, all of which were drawn by the promise of new economic growth and development in the area, officials said.

Maya Cinemas is scheduled to open in North Las Vegas on Friday, January 18.

Looking for relocation information on the fast-growing Las Vegas market? New home recommendations? Las Vegas apartments, condos even area nightlife and entertainment expectations? Feel free to give us a call at 702.376.7379 so we can answer any questions you may have.

LAS VEGAS, NV – As always, the real estate market in the United States can be a highly competitive one, but when looking back at the year 2018 in review, one territory stands out clearly above all the rest as the hottest market in the county: Las Vegas, Nevada.

Based on home price growth alone, Vegas reigns supreme as the biggest housing market of the past year, and part of that status can be directly attributed to its relatively low cost of living not only when compared to much of the country – Vegas remains one of the cheaper metropolitan areas in the country to live – but especially when directly compared to its immediate neighbor: California. California boasts some of the highest home prices and cost of living in the nation, and it’s that crucial fact about its housing market that makes Southern Nevada that much more attractive not only to tourists, but to people and families looking for a new place to live that is affordable.

However, it’s not just the affordability factor that made Vegas’ real estate market so hot in 2018; a number of other factors functioning in tandem helped with that. Major job creation, coupled with diversification in multiple industries in the region, is another contributing reason. After the recovery from the housing market crash of the mid-2000’s, Vegas saw a variety of companies and businesses settle down within its borders; companies and businesses that need qualified workers, and because of that the city quickly saw an influx of new transplants from across the country, effectively kick-starting the local real estate market that has been otherwise sitting dormant for nearly a decade. With that demand, housing prices started to quickly climb in the region, although nonetheless remaining at levels comparatively lower than the much of the rest of the country.

For example, let’s compare median single-family home prices in Las Vegas to California. In the third quarter of 2018, a home in Vegas came in at approximately $294,600; when compared to the same home type in Los Angeles – $628,900 – and San Diego – $650,000 – and Orange County-Anaheim – a whopping $830,000 – it’s easy to see why Las Vegas suddenly becomes a very attractive alternative, even with its own real estate market currently on the rise.

Vegas also overtook Seattle, Washington as the king of the fastest-growing home prices, with 13 percent jump in September 2018 over the same month one year before. Vegas’ real estate market had previously peaked back in 2006 before the burst of the housing bubble, and while prices locally have recovered and grown significantly since then, they are still 20 percent below 2006 levels. If ever there was a time to buy in a rapidly-growing marketplace, now is clearly the time and Las Vegas is clearly the place.

Thinking about relocating to Las Vegas? Need some ideas on what areas fit your family best? New home recommendations? Las Vegas apartments, condos even nightlife and entertainment? Feel free to give us a call at 702.376.7379 so we can answer any questions you may have.

Summerlin Developer to Construct New 14-Story Hotel Next to Las Vegas Ballpark

LAS VEGAS, NV – Even though it is currently still in the works, the upcoming Las Vegas Ballpark is already seeing satellite businesses begin to pop up around it, and one of the most prominent is being constructed by Summerlin developer Howard Hughes Corp. in the form of a new, 14-story hotel.

Las Vegas Ballpark is a baseball stadium under construction in Summerlin, Nevada for the Las Vegas Aviators of the Triple-A Pacific Coast League. The stadium site is located near the intersection of South Town Center Drive and West Sahara Avenue. Construction of the $150 million stadium began in 2018 and is expected to be completed in time for the Aviators’ 2019 season. It will serve as a replacement for the team’s previous home at Cashman Field, where the team has resided since 1983.

Howard Hughes Corp. has recently submitted plans calling for a 267-room hotel to be built on a 4.3-acre lot south of the ballpark on Pavilion Center Drive, situated across from Summerlin Mall in Las Vegas’ downtown area. According to plans submitted to Clark County – whose commissioners still have to vote on the proposal – the hotel would include various amenities for guests, such as a restaurant bar and spa located on the roof.

The hotel, if approved and built, will allow residents and tourists accommodations that allow easy local access to places such as Downtown Summerlin, the City National Arena ice rink, Red Rock Resort – a 64-acre, 796-room hotel, which would be a competitor – and, of course, the Las Vegas Ballpark itself. 

The proposed hotel would not offer gambling on the premises and would strictly offer only rooms and spa/entertainment options for guests, which Howard Hughes Corp. representatives say there is a growing demand for in Las Vegas, especially in areas located near the suburbs. The smaller size and subsequent ease of access the hotel would provide when compared to competitors would also be appealing to families and those visiting relatives in Summerlin and other nearby communities, Howard Hughes Corp. reps said. In addition, those looking to stay in a quiet, non-gaming hotel, while having the option of being able to patronize gambling establishments nearby – such as the aforementioned Red Rock Resort – would also find the proposed hotel to be appealing.

Summerlin is a wealthy master-planned community in the Las Vegas Valley of Nevada, located near the Spring Mountains and Red Rock Canyon. It is part of Clark County, takes up approximately 22,500 acres of land, and boasts a current population of nearly 100,000 residents.

Shelter Realty is a Real Estate and Property Management Company specializing in the areas of Henderson, Las Vegas and North Las Vegas, NV. Feel free to give us a call at 702.376.7379 so we can answer any questions you may have.

LAS VEGAS, NV – There are currently two monorail stations in the planning stages in Las Vegas, and one of them is conformed to be servicing the upcoming MSG Sphere at The Venetian facility, an appropriate melding of a futuristic transportation mode and an equally-futuristic concert facility.

Clark County has recently received plans from the developer of the project, calling for a 60-foot tall, 11,119 square-foot monorail station that will feature platforms on both sides – north and south – of the existing monorail track that passes through the 19-acre MSG Sphere site. The monorail station will provide access via a 1,100 foot-long pedestrian bridge that is also in the works, slated to connect the MSG Sphere with the Sands Convention Center.

The MSG Sphere, a joint venture between Sands Corp. and Madison Square Garden, will be a 400,000-square-foot, 18,000-seat, 360-foot-tall globe-shaped arena slated to be constructed on 63 acres of property located behind the Venetian Resort Hotel Casino on the Las Vegas Strip. A futuristic music and event venue, the MSG Sphere will feature an exterior with 36 miles of variable intensity LED lighting, enabling the structure to allow outside spectators to peer through a transparent façade to watch the concert within; at higher lighting intensities, outside vision will be obscured. Ground was broken on the project in September of 2018, with construction expected to be compete in 2021.

The construction of the monorail station is expected to incorporate painted steel, metal panels, metal guardrails, glass doors, and metal roofing, with support columns made from concrete. The current estimated price of the station is not publicly known.

A second monorail station for Las Vegas is also in the works, with a station and track extension planned to connect the MGM Grand and Mandalay Bay with the upcoming 65,000-seat Las Vegas Raiders stadium, a $1.8 billion project that is currently under construction. The price tag of this aspect of the monorail expansion is purportedly in the neighborhood of $23.6 million, and is expected to take approximately 18 months to complete once started.

Upon completion of the new stations and extensions, the Las Vegas monorail system’s track will span five miles comprised of nine stations, offering both local residents and visitors an easy and effective means of transportation to a variety of locations throughout the city, including hotels, casinos, dining, retail, and entertainment venues, in addition to all of its major convention centers and, of course, the MSG Sphere once it is completed.

Looking for relocation information on the fast-growing Las Vegas market? New home recommendations? Las Vegas apartments, condos even area nightlife and entertainment expectations? Feel free to give us a call at 702.376.7379 so we can answer any questions you may have.

LAS VEGAS, NV – In the midst of a booming economy that is drawing in both businesses and tourists at a rate not seen in years, the famed city of Las Vegas has been experiencing sweeping changes in the form of rampant construction and renovation projects that seek to expand the scope of the city’s offerings – from business to pleasure and everything in-between – to an unprecedented degree.

A number of venues related to industry event hosting have sprung up recently, with business travelers soon to be able to take advantage of the amenities of the state-of-the-art, luxury MGM Grand and Park MGM conference centers. The all-new, $130 million MGM Grand is due to open up by the end of 2018, and will feature 850,000 square feet of space spread among three stories; the remodeled Park MGM opened this past July, and boasts a number of high-tech meeting spaces.

Meanwhile, the heavy-hitter of the online world – Google – is making a major investment in Vegas, with plans to open a new data center in Henderson, scheduled to open in 2020. The facility, which would support Google services in North America such as YouTube, Gmail, and more, will potentially create 50 jobs or more; Google plans on investing $600 million into the facility over the next two decades.

Meanwhile, those visiting Las Vegas for pleasure as opposed to business have some new options for their stay as well; the Waldorf Astoria Las Vegas Hotel and Residences recently underwent a series of renovations and an overhaul to its design, and now features almost 400 guest rooms, 200 residences, and in contrast to many hotels in Vegas, does not offer gambling on the premises.

The Palms is another property that is experiencing a complete makeover to all of their luxury suites, and MGM Resorts recently announced that they will be conducting regular and ongoing renovations and redesigns to all of their properties in Southern Nevada, both on the Las Vegas Strip and off in an effort to remain competitive in a very busy and congested marketplace.

This degree of activity in Las Vegas is nothing new, but the overall scope and amount have reached a fever pitch in the last year due to the rebounding economy and real estate market in the region, following the housing bubble burst of the mid-2000’s that left the city in a financial slump for nearly a decade. But the recently-reinvigorated marketplace has proven to be attractive for big business as well as tourism, and local developers are taking notice…and sinking millions of dollars into modernizing the landscape of Vegas.

If you are considering relocating to the Las Vegas area which is experiencing huge growth and a booming job market,  give us a call at 702.376.7379 so we can answer any real estate and tenant related questions you may have.

LAS VEGAS, NV – The expansion of the Las Vegas Convention Center – an ongoing project that is estimated to carry final costs upwards of $1.4 billion – continued last week when the Las Vegas Convention Center District Committee recommended the approval of a contract for builder representative to take charge of the final phase of work, with the Las Vegas Convention and Visitors Authority (LVCVA) board of directors set to vote on the matter on November 13.

Cordell Corp. is slated to oversee the final phase of the expansion and renovation of the Las Vegas Convention Center, a project that will take the form of a three-story building with the first floor encompassing exhibition halls, a main lobby, a food court, kitchen, office space, and storage; the remaining two floors will house meeting and conference rooms, support spaces, and roof-based 25,000-square-foot outdoor terrace that can host a number of different events. The expansion is slated to add 1.44 million square feet of space to the convention center.

Cordell’s bid for the work is the form of a $13.5 million contract that the LVCVA is expected to approve.

The ongoing labor has seen the relocation of power lines to better serve the needs of the venue, and the excavation of the previous parking lot area in order to produce a suitable space for the construction of an adequate foundation for the building, consisting of columns of concrete reinforced with rebar. Two smaller buildings – a visitor center and restrooms – were demolished to make way for the project, and the Paradise Road pedestrian bridge adjacent to the property will be connected to the new building once construction is complete.

Project officials currently contend that construction is on-schedule for completion by January 2021, with the hopes that the new exhibition hall will have the ability to host that year’s International Consumer Electronics Show.

The expansion was started, according to LVCVA officials, due to the fact that the existing Convention Center has simply outgrown its current configuration, inhibiting its ability to evolve and grow. The new construction and renovation to the property is expected to allow the facility to better host the many trade shows, conventions, and special events that take place in Las Vegas on a regular basis. With the growing economy and job market in the region over recent years, there’s more of a need than ever to accommodate the influx of new businesses and organizations which need a venue for their events.

Once the new building is completed, work will shift over to the Convention Center’s four pre-existing exhibition halls, with a two-year large-scale renovation plan slated to enhance and improve every aspect of these facilities. Expected additions are food carts, restaurant and bar facilities, retail sales, and live entertainment venues.

If you are considering relocating to the Las Vegas area which is experiencing huge growth and a booming job market,  give us a call at 702.376.7379 so we can answer any real estate and tenant related questions you may have.

LAS VEGAS, NV – Resorts World Las Vegas is a project that has been in gestation for so long that many experts were starting to doubt that it would ever actually see the light of day. After the official groundbreaking in May of 2015 – with a projected opening date of mid-2018 – little progress had been made in erecting the Chinese-themed casino and resort. However, in recent months, the oft-delayed project has seen considerable results, and the revised opening – now scheduled for 2020 – seems like a realistic goal if the current pace is maintained.

Build on the former site of the Stardust situated on the Las Vegas Strip, the property had been sold to the Genting Group for $350 million in 2013, with Resorts World opting to build off of a pre-existing structure left behind by an attempt to develop the property in the mid-2000’s. Resorts World Las Vegas, upon completion, is expected to come in at 21,847,314 square feet in size, which will include four towers containing a total of 6,538 rooms; the estimated cost of the project could cost up to $7 billion.

However, experts began to question the validity of the project when, as of early 2016, little in the way of progress had been made in terms of construction on the site. Genting Group responded to naysayers, attributing delays to the complexity of the project and the company’s overall purchasing power being adversely affected by falling global currency values. A revised timetable was presented to the public in May of 2017, noting that the opening was now slated for 2020; after numerous delays and logistical issues sorted out, work on the mega-resort began in earnest by March of 2018, and concrete results finally followed soon afterwards.

As of late October of 2018, the hotel building – which will be 60 stories when finished – is currently built up to floor 35, and the construction site is replete with numerous cranes operating continuously with over 1,000 workers scurrying about – and several thousand more expected to join them next year – as they carry out their tasks. This is a far cry from what the site looked like just one year ago, when there was little progress to speak of.

When finished, Resorts World Las Vegas is, according to Genting Group, to feature numerous amenities for guests, including a 175,000 square-foot casino; a 4,000-seat theatre; retail, dining and convention space; a rooftop sky park and observation deck; an aquarium, movie theatre, bowling alley, ice skating rink, and an indoor water park; a panda exhibit, and more.

If you are considering relocating to the Las Vegas area which is experiencing huge growth and a booming job market,  give us a call at 702.376.7379 so we can answer any real estate and tenant related questions you may have.

LAS VEGAS, NV – This week, work has begun on the construction of a new pedestrian bridge over the famed Las Vegas strip, a project that city officials say will help to deal with the increased foot traffic that has been drummed up with increased tourism over recent years.

A groundbreaking ceremony was held this week, which was attended by local city officials and representatives, signaling the official kick-off of work on the elevated crosswalk.

The bridge, which is expected to take approximately nine months to complete from start-to-finish, is expected to officially open in July of 2019; it will span the Las Vegas Strip between the Showcase Mall and Park MGM casino hotel at Park Avenue.

The reason for the bridge, according to Clark County Commissioner Jim Gibson, is that the area regularly has over 11,000 pedestrians at any given time, and the new bridge will afford them a way to more safely traverse the traffic-heavy boulevard.

Currently, there are 16 pedestrian bridges on the Las Vegas Strip, with the original two first built in the mid-1990’s where Las Vegas Boulevard South and Tropicana Avenue intersect; the last bridge was constructed and opened in 2012 at the intersection of Las Vegas Boulevard and Harmon Avenue.

Local residents have been expressing their approval of the new addition to the Boulevard, with many expressing frustration at the difficulty of crossing the busy roadway in a timely fashion. The new pedestrian bridge, many say, is a welcome addition, although more are needed to truly address the problem.

In addition to creating smoother and faster access for pedestrians to cross the busy Boulevard, reports indicate that the new pedestrian bridge should also assist with traffic congestion as well. With the difficulty in crossing the street on the Las Vegas Strip, many pedestrians tend to jaywalk or dodge traffic to get across, often tying up traffic in the process. In addition, intersections often get congested as well, with pedestrians continuing to cross even after traffic lights have turned red.

No lane closures are expected on the Las Vegas Strip during construction; restrictions may occur at points, however.

Funding for the construction of the new pedestrian bridge comes from Las Vegas’ hotel room tax, with the city taking approximately one percent off the top for the project; in addition, the tax also funded a series of sturdy, short, vertical posts installed along the Las Vegas Strip that contribute to pedestrian safety.

If you are considering relocating to the Las Vegas area which is experiencing huge growth and a booming job market,  give us a call at 702.376.7379 so we can answer any real estate and tenant related questions you may have.

LAS VEGAS, NV – Development on new hotels and resorts in Las Vegas has reached a fever pitch in recent months, with reports noting that approximately $17 billion in projects are currently slated to be worked on from now until 2020; this will result in an estimated 14,000 new guest rooms – for a city-wide total of 160,000 – in entertainment and vacation establishments concentrating on the Las Vegas Strip area. This expansion is expected to greatly add to the City’s reputation as a one-of-a-kind, world-known destination that has clearly bounced back after the mid-2000’s recession.

One of the most notable new resorts is The Drew, a 68-story hotel slated to have almost 4,000 rooms, has its development being headed up by Marriott International. The project, currently under construction, is calling the former Fontainebleau Las Vegas tower home, an endeavor that was abandoned back when the recession hit but has recently been given a new lease on life. The Drew will offer space to host events, entertainment, and conventions, in addition to a retail space, numerous restaurants and bars, and a pool.

Next up is the Wynn West, a hotel that will be built upon a mid-Strip site that originally was to be the 38-acre home of New Frontier, another project that fell by the wayside during the recession. Wynn West is planned to have between 2,000 and 3,000 rooms and will feature a bridge over Las Vegas Boulevard for guests to utilize.

Close to Wynn West will be Paradise Park, a 25-acre development which will be situated on the previous location of the Desert Inn Golf Course. The 47-story Paradise Park will serve not only as a 1,500 room hotel resort with a boardwalk, beach, and lagoon, but also as a high-scale meeting and convention hall with state-of-the-art amenities.

Finally, the recent completion of Park MGM – a completely remade and re-imagined luxury-based take on the famed Monte Carlo casino hotel – features 2,700 rooms, swimming pools, a full casino, and much more, and is slated to open its doors for business this autumn.

However, hotels aren’t the only new additions to Las Vegas’ skyline in the near future- a variety of entertainment attractions are currently in the works as well. One of the most notable of these projects is the Sphere, a fantastical concert and entertainment complex housed within a mammoth LED shell with seating for 18,000, scheduled to open in time to ring in New Year’s in 2020.

Those seeking a thrill will be in luck, as MGM’s New York New York Hotel will be offering a new, virtual-reality Big Apple Roller Coaster; the LINQ Promenade will premiere the Fly LINQ zipline this year, an attraction that launches from the top of a 122-foot tall tower; and the MGM Grand will debut the Zombie Apocalypse virtual reality experience, a 30-minute entertainment complex that allows guests to battle with the undead.

With Las Vegas seeing an unparalleled and unprecedented degree of construction relating to the rejuvenated tourism and entertainment trade, the fact that the city is back on the map – in terms of tourism, economy, real estate, and more – is one that cannot be disputed.

If you are considering investing in or around the Las Vegas area, which clearly is experiencing huge growth and a booming job market,  give us a call at 702.376.7379 so we can answer any real estate and tenant related questions you may have.

LAS VEGAS, NV – After a lengthy reign of 21 months in a row, Seattle Washington has been kicked to the curb by Las Vegas, Nevada as the number one real estate market in the United States, according to a recently-released report. Las Vegas took first place in the latest release of the monthly Case-Shiller home price index with a jump in property sales of 13 percent in August, an increase over the previous month’s of 12.6 percent.

After a devastating hit to the housing market in Southern Nevada during the mid-2000’s recession – homes lost as much as 60 percent or more of their value and foreclosures were at six times the national average – Las Vegas has bounced back significantly in recent years as the local economy has improved and the job market has stabilised and grown. Shrinking real estate inventory coupled with growing demand and rising prices have resulted in home prices increasing to double what they were during the depths of the recession, with few signs of that upward trajectory slowing down any time soon.

Las Vegas also ranks highly nationally in terms of population and employment growth while low in unemployment, which also plays a factor in terms of home prices and sales. The price of a median single family home in Las Vegas is currently $290,000 – in the neighbourhood of average when compared to national statistics – which represents a massive bargain when compared to a place such as Seattle, where a family can expect to pay up to a whopping $805,000 for the very same type of property.

Another reason for Vegas’ rapid growth as it relates to its current Case-Shiller index ranking is that its real estate market had been devalued so greatly during the recession that any growth would have a comparatively large impact on its gains in terms of overall national rank. However, that in no way takes away from the impressive significance of Vegas’ current status as the king of the housing hill in America, as there are numerous other factors at play that determine the overall national ranking.

Seattle’s market had been the second longest-running on the monthly Case-Shiller home price index in the 31 years they have been tracking the real estate market nationally; the only city coming in higher had been Portland, Oregon with 23 straight months in the 1990’s. However, Seattle has been experiencing a drop both property prices and sales recently, and experts expect this trend to continue when the next Case-Shiller index is released, as the report reflects a three-month average. Las Vegas, in comparison, has been experiencing an upward climb for a significant amount of time now, so it is likely that the next Case-Shiller index will continue to reflect its number one national ranking for some time to come.

If you are considering investing in or around the Las Vegas area, which clearly is experiencing huge growth and a booming job market,  give us a call at 702.376.7379 so we can answer any real estate and tenant related questions you may have.

LAS VEGAS, NV – Ground has officially broken and construction is underway on the first of at least 12 buildings that will encompass the Harry Reid Research and Technology Park at the University of Nevada, Las Vegas (UNLV), a $30 million project that the university says should generate as many as 25,000 jobs once it has been completed.

The first building, is expected to be completed next spring and is slated to come in at four stories and take up approximately 115,000-square feet. Developers working on the project are still in the process of finalizing when the entire twelve-building park will be completed, which is slated to consist of as many as 12-15 buildings with up to 1.5 million square feet of office space. The university anticipates that the facility will attract numerous technology businesses to the Las Vegas region.

Located adjacent to Durango Drive and the 215 Beltway, UNLV acquired the 122-acre property for the park in 2005 but was forced to delay construction efforts until now due to financial hardships brought on by the recession. Once completed, the park will offer UNLV students ample facilities to conduct research and engage in business and economic development projects; in addition, the park will also have space available for numerous businesses and partners, although who these specific enterprises are have yet to be divulged.

One complete and fully operational and with full occupancy, the par is expected to provide a vast array of employment opportunities for local residents and boast of an anticipated economic impact upon Las Vegas in the neighborhood of $2.6 billion. UNLV, considered a research university, has stated their goal as becoming a notable research institute and indents to pour approximately $120 a year into their efforts by 2025, focusing on research into technology and increasing the number of patent applications they submit on an annual basis.

The initial building currently under construction is known as an “innovation building,” and will feature offices, research space and lab space, in addition to amenities such as a basketball court and electric vehicle charging stations. UNLV and a corporate sponsor – to be announced in the near future – will be situated on the top two floors of the four-story building, with the bottom two floors being made available to businesses to lease.

Tenants are currently being sought and will be announced once signed, UNLV officials said.

If you are considering relocating in or around the Las Vegas area, which clearly is experiencing huge growth and a booming job market,  give us a call at 702.376.7379 so we can answer any real estate and home relocation questions you may have.

LAS VEGAS, NV – The Las Vegas Convention and Visitors Authority has filed a rezoning request and noise ordinance waiver with the Clark County Board of County Commissioners as part of their plan to accelerate progress on the Las Vegas Convention Center expansion, a project that officials say is vital as the current facility is at maximum capacity.

If the Convention and Visitors Authority have their way, construction on the $1.4 billion project would be carried out 24 hours a day, seven days a week. This would include from 10 p.m. to 6 a.m., a period of time during which work is usually not allowed due to the impact of noise upon the local populace.

The expansion is slated to add 1.44 million square feet of space to the convention center, which will be built upon the adjacent property of the former Riviera and Landmark hotels. As of now, the project is expected to be finished by the close of 2020, with the goal being to host the 2021 International Consumer Electronics Show, an annual event scheduled to take place in January of 2021.

In its current form, Convention and Visitors Authority members stated, the convention center is unable to grow and evolve to better serve the may trade shows, conventions, and special events that take place in Las Vegas on a regular basis. Given the increased growth in the local economy and job market in the last few years, more and more exhibitors are seeking out the city to hold events, and due to that fact, the convention center desperately needs to expand in order to meet the ongoing demand.

The expanded facilities of the convention center will take the form of a three-story building with the first floor encompassing exhibition halls, a main lobby, a food court, kitchen, office space, and storage; the remaining two floors will house meeting and conference rooms, support spaces, and roof-based 25,000-square-foot outdoor terrace that can host a number of different events, a feature that members of the Convention and Visitors Authority are reportedly quite excited about.

The expansion is also subject to a Federal Aviation Administration review to ensure that its proposed height does not interfere with air traffic in and out of McCarran International Airport. Other uses for the expanded convention center are to include food carts, restaurant and bar facilities, and retail sales, as well as live entertainment, among other uses.

If you are considering relocating in or around the Las Vegas area, which clearly is experiencing huge growth and a booming job market,  give us a call at 702.376.7379 so we can answer any real estate and home relocation questions you may have.