Nevada Real Estate

Las Vegas is all about illusion and transformation. While on the strip, and you're walking past palm trees or through a lush tropical gardens, keep in mind that this is the result of some exceptionally creative landscaping. It wasn't that long ago that this area was nothing but sand and cactus. The stark, barren desert provided the blank canvas for everyone from the first Spanish explorers, to Howard Hughes whose vision helped make Vegas what it is today.

Over the years, Las Vegas has seen a lot of change and most of these changes have been substantial. From the 22,500 acre Summerlin master planned community, to the mega-hotels on the Strip. When a Vegas developer begins a project, it often stakes a benchmark for future development, and each one is bigger and better than the next. This is particularly dramatic when new hotels are being constructed...read more »

Las Vegas Strip
Although the Strip is pretty much maxed out in terms of empty real estate, the older hotels are either being revamped or torn down and replaced with ultra-modern, ultra-luxury, billion dollar giants.

Here is a breakdown of some of larger projects underway on the Las Vegas Strip.

Plaza Hotel: Owned by the New York Elad Group, this will be a $5 billion multi-use luxury hotel containing private residence, retail and gaming. This 34.5 acre site replaces the former New Frontier & Casino, and consists of seven towers, 4,100 hotel rooms and 2,600 resort condominium units. Construction has been delayed until some time in 2009.

Fontainebleau Las Vegas: Slated for a late 2009 opening, this $2.9 billion project is a combination hotel/condo/casino. The location is on 24.5 acres, north of the Riviera and consists of a 4,000 room hotel/condo and casino. The Fontainbleau is built on the same site as the El Rancho and Algiers casinos. ..read more »

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Nevada Real Estate