Archive for the 'Las Vegas Construction News' Category

Las Vegas Motor Speedway $54 Million Commerce Center II Completed

Friday, February 9th, 2007

Las Vegas Motor SpeedwayLas Vegas Motor Speedway real estate $54 Million Speedway Commerce Center II completed construction by Harsch Investment Properties. The Speedway Commerce Center adds 523,000 square feet of Speedway submarket of industrial warehouse space.

The Speedway Commerce Center is 1.4 million square foot, 95 acre, purchased from Bruton Smith of Speedway Motorsports in 2001 for $44 million. The primary tenant is Shelby Automobiles with 140,000 square feet.

Harsch in Las Vegas, Nevada expects to receive later this month the certificate of occupancy for eight buildings. TWC Construction was general contractor. They also built Henderson Commerce Center and Cheyenne Commerce Center and for Harsch.

Harsch has purchased Las Vegas, Nevada real estate for the past 10 years totaling 6.5 million square feet. There is also industrial space of 1 million square feet. They purchased this Las Vegas real estate for $32 a square foot.

This is a different commercial product type from Speedway I.

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Turnberry Towers Las Vegas Luxury Condos Ready For June 2007 Move-Ins

Tuesday, February 6th, 2007

Turnberry Towers Las VegasTurnberry Towers Las Vegas high rise condos by Turnberry Ltd., the same company who is building The Signature MGM Grand Residences and Town Square Las Vegas, is under construction on 10 acres of Las Vegas land at the corner Karen Avenue and Paradise Road. The Turnberry Towers east tower is expecting to see its first residents June 2007.

Turnberry Towers real estate in Las Vegas, Nevada is located near the Las Vegas Strip and several new Las Vegas condos developments, including Allure Las Vegas, Echelon Place and Palazzo Las Vegas within the next few years. These developments will energize the north end of the Strip.

Las Vegas luxury homes for sale at Turnberry Towers prices range from $550,000 to more than $1.3 million.

Several Turnberry condos for sale remain in the east tower, and the Turnberry Towers west has less than 40 percent remaining with an expected completion in mid-2008.

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World Market Center Las Vegas Towers I-III Construction Progress News

Monday, February 5th, 2007

World Market CenterWorld Market Center Las Vegas real estate opened it’s second building totaling 1.6 million square feet along with hosting the Las Vegas Market, the home furnishing trade show and convention. The Center is 16 stories and worth $345-million of the total eight buildings that will cost $3 billion. The 12 million square feet in the eight buildings makes it the world’s largest trade show complex.

The 1.3-million square feet World Market Center Tower One building opened fully leased in July 2005. The $345-million Market Center Tower second building was fully leased in August. The largest World Market third building with 2.1 million square feet started construction in October and is scheduled for completion in 2008.

The World Market Center Las Vegas commercial real estate is an integrated hospitality and home contract furnishings convention complex and showroom in Las Vegas, Nevada real estate where manufacturers and designers and lease space to show off their latest products to worldwide wholesale buyers. There were close to 60,000 furniture designers, retailers, manufacturers and specifiers are expected to attend 1,200 exhibitors at three show locations.

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Stardust Las Vegas Ready For Implosion To Make Way For Echelon Place

Wednesday, January 31st, 2007

UPDATE: Stardust IMPLOSION 2:30 am PST, 3/13/07 Las Vegas, NV

Stardust Las VegasStardust Las Vegas real estate set for mid March implosion to make way for the luxury resort Echelon Place Las Vegas. The Stardust hotel in Las Vegas, Nevada has had most of its windows and internal workings removed. Now you can see right through the property.

Hotel implosion is scheduled to take place in the middle of March sometime during the early morning. The Stardust was a 1,500-room casino, 48-year-old property located on the Las Vegas Strip. Boyd Gaming isn’t letting the public know the exact time for crowd control purposes.

Echelon Place Las Vegas real estate will be an 80-acre development. Echelon Place real estate total development expenditure is a $4-billion complex of casinos, hotels, shopping and entertainment venues that is scheduled to open in 2010. The Las Vegas resort plan includes four hotels with 5,300 rooms, a 140,000-sf casino, a shopping promenade, theaters, convention space and spas.

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