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World Market Center furniture mart in Las Vegas real estate delays construction start date.  The unstable credit and real estate markets have added second thought for developers with new construction across America.

The 12 million square feet mega project downtown Las Vegas says its investors are still committed to building the $3 billion development.  The markets are making it very difficult for the immediate continuation of the next phase.

Continue reading World Market Center Furniture Mart In Las Vegas Delays Construction

City Crossing Henderson mixed use real estate filed for bankruptcy protection. City Crossing is a 6 million square foot, $2 billion development at Executive Airport Drive and St. Rose Parkway.

Two weeks ago, City Crossing 1 LLC, filed for chapter 11 bankruptcy to reorganize $180 million.

The construction progress includes site improvements started last year including, roads, utilities and grading worth $30 million.

Continue reading City Crossing Mixed Use Real Estate Filed For Bankruptcy Protection

HOOTERS Las Vegas strip hotel missed payment stops real estate deal. An option agreement was cancelled this week after a real estate investment group failed to make payment on the commercial real estate.

Hedwings, from Santa Monica, CA, has spent over $6 million in the past year for closing costs and and nonrefundable fees.

Continue reading HOOTERS Las Vegas NV Hotel Buyer Looses $6 Million By Missing Payment

Crown Las Vegas $5 million hotel casino resort has been canceled.

Crown gaming company from Australia said a joint venture for the site of the former Wet n Wild 27 acre site in Las Vegas real estate. The current credit market and struggling hotel neighbors on the Strip have concluded the project not financially viable.

Continue reading Crown Las Vegas $5 Billion Hotel Casino Resort Has Been Canceled

M Resort Las Vegas announced plans for 1 million square foot retail mall this week in the mixed use real estate project.

Anthony Marnell III envisioned his $1 billion M Resort and Las Vegas NV hotel similar to the outlying Red Rock Resort in Summerlin and Green Valley Ranch Resort in Henderson, Nevada with one exception, a large shopping component.

Continue reading M Resort Las Vegas Announced Plans For 1 Million Square Foot Retail

Grand City Hotel planned for Downtown Las Vegas wants city approval. This plan for a 61 story hotel in Downtown would be located at the corner of Grand Central Parkway and Charleston Boulevard.

The commercial real estate is located near the Union Park master plan to the north. Space included would be almost as much as the Las Vegas Convention Center with 2 million square feet.

Continue reading Grand City Hotel Planned For Downtown Las Vegas Wants City Approval