Las Vegas Commercial Real Estate Cites Economy To Delay Construction
Sunday, December 28th, 2008Las Vegas commercial real estate cites bad economy to delay construction progress. News strikes again in the city of delayed or halted developments. The economic slowdown and rising construction costs delayed the $850 million Tivoli Village at Queensridge.
Another commercial real estate development is taking the wait and see approach to construction progress including Summerlin Centre, Manhattan West and Echelon Las Vegas. They say continued construction will be at a slower pace.