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Las Vegas Real Estate Blog

Your Las Vegas real estate information source. The latest news, new construction, scandals, additions to the strip and other Las Vegas and related information.

Friday, September 28, 2007

Construction everywhere

I had to drive out to Aliante over the weekend to pick up a dog. Someone had found a Collie running loose without any tags or a microchip. So we drove out to pick him up and took a wrong turn, ending up past Centennial Hills. I ended up driving by Echelon, Paxton Walk and Providence. Both communities have quite a bit of construction going. Providence has several neighborhoods with most of the framing done and several of the streets are complete with lighting and shrubbery.

With so many construction cranes on the strip area, you forget that other parts of town are having a lot of new construction as well. Its no wonder they had to create a second union for construction workers.

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Friday, September 21, 2007

OJ Update

The OJ sequel keeps coming up with new twists. OJ has been released from the Clark County Detention Center on Stewart Ave and is back in Florida ($125k bail). However, you have to love technology.

Apparently, there is a recording of the OJ encounter. Supposedly, you can hear OJ threaten the guy. So, how long will the juice be loose? Will the families finally get some karmic justice? Granted, armed robbery or conspiracy to commit armed robbery won't carry the kind of penalty that murder does.

If his mug shot is any indication, I'm sure OJ thinks he will simply walk away from this as well. Should it come down to a jury trial, I doubt he'll be smiling after.


OJ claims he was getting back stolen goods
Juice is loose in Las Vegas

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Thursday, September 20, 2007

Vegas gets a FTZ?

The Las Vegas economy will be getting a shot in the arm from an unlikely source, a foreign trade zone. A foreign trade zone or FTZ status has been granted to the proposed world jewelry center in Union Park. As I understand it, basically it allows tenants to import raw goods duty free, cooperate with other tenants to add value to those materials by making something out of them, then either sell them in the US at a reduced commerce rate (great for locals and tourists) or export them back out without paying a duty. With this permission granted, its far more likely the tower will be built, since its appeal will now be very high.

This will also help Las Vegas past a turning point, making it a national player for big business. Nevada's favorable tax and labor laws have helped bring many large corporations here and with the addition of the World Jewerly Tower, another business sector will be represented.

Current plans for the building include 80 luxury residential condominiums at the top of the tower. The impact the tower will have on surrounding real estate value will certainly be favorable, not to mention the addition employment opportunities in mid to high level paying positions. Residents in near by lofts like Soho, Newport and Streamline Tower should also stand to gain as well by having a high profile neighbor.

Related Posts:

Another commercial development for Union Park

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Monday, September 17, 2007

Vegas strip still holds its own

Apparently the "what happens in Vegas, stays in Vegas" ad campaign was a success. Despite increased competition from Native American casinos and overseas, gaming revenue for July of 07 increased by 10.3% compared to July of 2006. Overall, there was a 4.6% increase fiscally from 2006, according to the figures released by the Nevada State Gaming Control Board.

As a result, Clark County had a 13% increase in revenue compared to last year. For residents and potential residents, that's great news. With tourism increasing every year, more and more resorts are being built to accommodate them. As a result, construction is still going strong on and around the strip, employing thousands of people, not to mention the jobs created after the projects are completed.

The revitalization of downtown Las Vegas is also showing the fruits of its labor. According to the Gaming Control board, July of 2007 showed the highest gaming revenues for downtown since 2004. Some of the downtown loft projects have been completed which should also help spur gaming and entertainment revenue as well. Newport lofts should have residents moving in shortly.

With the addition of the Echelon (located on the former Stardust site), I'm sure that there will be more significant increases in revenue. Not to mention the several other mega resorts under construction. It just goes to show you that even with increased competition all over the United States and overseas, nothing beats the Las Vegas experience.

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Sunday, September 16, 2007

OJ claims he was getting back stolen goods

Only OJ could come up with something so far fetched. I guess when you beat a double murder rap with a huge pile of evidence against you, it makes you a little cocky when it comes to law enforcement. Apparently, OJ spoke to detectives about the hotel incident last Thursday. He told police that he was simply retrieving merchandise stolen from his home (years ago). He said he brought some friends with him to help get his stuff back.

So in essence, he has admitted to conspiracy to commit robbery at this point. Metro hasn't made any further public comments on the case at this time.


Juice is loose in Las Vegas

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Friday, September 14, 2007

The Juice is Loose in Vegas

Seems that OJ is back in the news for more than his murder book. This past Thursday, a local sports memorabilia dealer stated that he was robbed by OJ at gunpoint at the Palace Stations Hotel and Casino (I'm sure Station Casinos was just thrilled at the news).

Local Metro detectives are looking for at least two other people that were with Simpson during the confrontation in the hotel room. The items stolen were various sports related merchandise. There was video footage from casino surveillance cameras but according to police Captain James Dillon the detectives couldn't confirm that weapons were drawn from the tapes.

So this now begs the question. Will OJ FINALLY be going to jail? Perhaps the Brown and Goldman families will get justice by proxy. Needless to say, I'll be following this story and will put up follow up posts when more information becomes available.

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Wednesday, September 12, 2007

Home Improvement & Backyard Living Expo

This Friday is the annual Home Improvement and Backyard Living expo by Showbiz Productions. Its being held at the South Point Event Center, located in the South Point Resort at 9777 S Las Vegas Boulevard (major cross street is Silverado Ranch).

The show will feature the latest outdoor furnishings, doors, accessories, fixtures, appliances and more.

Tickets are $7 for adults and Friday only there is a 2 for 1 special. Shows hours are 1 pm to 9 pm Friday, 10 am to 7 pm Saturday and 10 am to 5 pm Sunday. Tickets are available on show days at the convention center.

Home owners looking for new home improvement ideas should definitely attend.

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Tuesday, September 11, 2007


Today six years ago, a group of COWARDS took the lives of some of our fellow Americans. There probably isn't an adult on the planet who doesn't know who is responsible. I'm sure there are several shows talking about 9/11 today, remembering those that fell trying to save others.

As you go about living your life today, take a moment and think about all of those that have sacrificed for our country. And thank you, to all of the men and women in our armed forces that are putting their lives on the line to keep the rest of us safe.


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