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Las Vegas' retail vacancy rate was 2.9% in the first quarter, the lowest it has been in three years.

 






News Archives: 2002


High-rise demise is no surprise to experts

Tony Illia / Las Vegas Business Press

Dec. 27, 2002 - TFinancing, developer equity, and hard contracts have resulted in some recent high-rise cancellations. Banks, as a result, will likely scrutinize future projects more closely before providing a construction loan.

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New southwest valley office-retail complex opens its doors

Tony Illia / Las Vegas Business Press

Dec. 27, 2002 - The Plise Companies' new Rainbow Sunset Pavilion recently opened in the southwest valley. The first phase consists of a 111,000-square-foot Class "A" office building and 96,500 square feet of retail. The 481,500-square-foot mixed-use project is located at the northwest corner of Rainbow Boulevard and Sunset Road, adjacent to the I-215 Beltway.

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