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  #41  
Old Posted Apr 13, 2011, 2:53 AM
dragonsky dragonsky is offline
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Originally Posted by Las Vegas Sun



Henderson unveils plan for $1.5 billion health, retail campus
Estimates include 17,000 initial jobs, billions in tax revenue
By Paul Takahashi (contact)
Las Vegas Sun
Thursday, April 7, 2011 | 2:26 p.m.

For the past nine months, Henderson has kept mum about plans for a 171-acre, city-owned lot at U.S. 95 and Galleria Drive.

On Thursday, city officials and developers unveiled a master plan for an integrated hospital and retail campus called Union Village. It’s an ambitious, privately funded $1.5 billion project that developers say is expected to generate 17,000 jobs, including construction, on-site positions and those created to support Union Village.

“This is a once-in-a-lifetime opportunity,” Mayor Andy Hafen said. “It’s going to revitalize our community. This is the good news that we’ve been looking for in a really bad economic time … This could be the project that gets us booming again.”

Union Village will be one of the nation’s first integrated health villages, a concept of a mixed-use development anchored by a hospital and senior retirement community. The project will have four components, according to the master plan.

Union Centre will be the focal point of the development, housing a state-of-the-art Rose de Lima Campus operated by St. Rose Dominican Hospitals.

The center will have a rehabilitation hospital, senior wellness centers, specialty care facilities and space for a children’s hospital in the future, said Rod Davis, president and CEO of St. Rose Dominican Hospitals.

Davis said the 214-bed hospital would serve a dual purpose: Replace the more than 60-year-old Rose de Lima Campus at 102 E. Lake Mead Blvd. and help relieve overcrowding at the newer Siena Campus at 3001 St. Rose Parkway.

Union Plaza will be a mixed-used development featuring 300,000 square feet of retail and another 300,000 square feet of medical office space, residential apartments and a midrange hotel. In addition, the European village-style Plaza will include a multiscreen movie theater, a 24-hour fitness and rehabilitation center, restaurants and outdoor cafes. The primary developer of this retail section will be Juliet Cos., developer of the Green Valley Crossings and Lake Mead Crossings in Henderson.

Union Place will offer senior independent and assisted living housing for 1,200 full-time residents. The senior housing complex will be built around a clubhouse with four dining facilities, a spa, theater, several lounges, indoor and outdoor swimming pools and boccie courts.

“This is going to be like Dave and Busters meets Leisure World,” Union Village partner and developer David Baker said. “This is not going to be a place to get warehoused to. This is going to be a place for (seniors) to get connected.”

Union Park will be the cultural center and house the expected $63 million Henderson Space and Science Center, a performing arts center and future education research centers for fields such as nursing. The $1.5 billion cost does not include the space and science museum, which will have its own developers.

Union Village developers said they chose Henderson because Southern Nevada is ground zero for the economic recession and because Nevada faces a health care crisis. Baker quoted a Commonwealth Fund study that found Nevada to be 47th in the nation for the quality of its health system and 50th in children’s health care.

The project will bring better quality health care to the valley, developers said, in addition to changing the perception of hospital centers by adding retail, commercial and residential facilities.

“I personally don’t know of any other project of this magnitude in the country,” Hafen said. “We really do believe this is going to be the model for the future.”

Project developers expect Union Village to attract 15,000 to 30,000 people daily to its campus in one of Henderson’s redevelopment districts. Construction is expected to take four to eight years. Thursday’s announcement marks the beginning of the public input process for the sale and development of Union Village. Henderson City Council will hear the developer’s proposal at its April 19 meeting.

David Baker, a partner and developer of Union Village, unveils the master plan for one of the first health care and mixed-used developments in the country on Thursday, April 7, 2011 at the Henderson City Hall.

City Financial Manager Mark Calhoun said he didn’t know how much the land would sell for, but estimated it could be as high as $20 million. The land was purchased by Henderson in the early 1990s for a sports complex that never materialized.

“We were hanging on to it for the right project,” Calhoun said. “This is an excellent project for this piece of land.”

If the sale and financing goes according to plan, developers said they expect to begin to finish the city’s efforts to fill in the gravel pit on the property and start grading the land for groundbreaking by the end of the year. The three-phase project is expected to bring in 4,000 to 6,000 construction jobs and an estimated 5,000 permanent jobs.

“We know this is just the beginning of our process, not the end of it,” Baker said, adding there is still a lot of work to be done. “This is not a press pronouncement, but a press announcement.”

Henderson has seen a number of mixed-used developments fail in the recession, and Baker said he couldn’t guarantee the success of the project.

He did, however, say he was confident in his project partners, which include HKS Architects, Hammes Co. health care consultants, the Haskell Co. design builders, the local Penta construction and the Nevada AFL-CIO.

“We think this is a great team and a great project,” Baker said. “This is the right project in the right place by the right people at the right time.” It’s also an investment that will pay for itself multiple times over during its 80- to 100-year life span, Baker said, adding he expects the project to generate $10 billion in tax revenue over its first 25 years.

Hafen said the hospital being the anchor of Union Village would set this mixed-use development apart from other failed projects throughout the valley.

“With that unique twist, it’s going to be farther removed from some of these other commercial developments that may be having a little bit more of a difficult time,” he said. “This will succeed.”
Read More: http://www.lasvegassun.com/news/2011...llion-health-/
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  #42  
Old Posted Apr 15, 2011, 12:40 AM
dtnphx dtnphx is offline
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Probably old hat for you guys, but I was just at City Center and was mighty impressed. From Aria and Vdarra, to the tram to Crystals. The sightlines were amazing. I felt I was on a set for a sci-fi movie. Makes the Bellagio and Caesar's Palace seem rather dingey.
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  #43  
Old Posted May 24, 2011, 4:41 AM
dragonsky dragonsky is offline
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Originally Posted by VEGASINC.com



Las Vegas developer breaks ground on 500-foot Ferris wheel project
By Sun Staff, Las Vegas Sun
Monday 23 May 2011 9:13 a.m.

The developer of a 500-foot Ferris wheel and amusement park across from Mandalay Bay held a media event today to launch the project.

The Clark County Commission approved the Skyvue Las Vegas Super Wheel project in March, and today with various public officials in attendance, groundbreaking ceremonies celebrated the clearing of the 11-acre site at Las Vegas Boulevard and Mandalay Bay Road.

The Ferris wheel is being touted as the largest in the Western Hemisphere and third tallest in the world. The project is also planned to include 200,000 square feet of restaurants, retail and entertainment uses.

The wheel will have 40 heated and air-conditioned passenger gondolas that each will hold 20 to 25 passengers.

The project is led by Las Vegas developer Howard Bulloch of Compass Investments.

It is scheduled to be completed in the first half of 2013. A similar project proposed for the site stalled a decade ago.

The entire project will include 39.5 acres with 11 acres as part of the first phase. A 1950s-era motel will be demolished as part of phase one.
Read More: http://www.vegasinc.com/news/2011/ma...-foot-ferris-/
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  #44  
Old Posted May 25, 2011, 6:19 PM
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DrumCorpsAlum DrumCorpsAlum is offline
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It would be nice to get from McCarran to the strip, without having to take a cab. I fly for free and take day trips to Vegas all the time, and just the transportation to and from the airport it getting really pricy.
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  #45  
Old Posted May 30, 2011, 4:27 PM
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  #46  
Old Posted Jun 18, 2011, 4:20 AM
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  #47  
Old Posted Jun 25, 2011, 10:02 PM
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Originally Posted by Las Vegas Sun





Celebrating freedom through the fantastic at Electric Daisy Carnival

The 15th Annual Electric Daisy Carnival has arrived in Las Vegas; music, lights, rides and, of course, the 250,000 beautiful people. A feast for the senses, body and mind fully endorsed by the previous and current mayor, this three-day party solidifies Las Vegas as The Electronic Dance Music Capital of America.
Read More: http://www.lasvegassun.com/news/2011/jun/25/electric/
Read More: http://www.lasvegassun.com/news/2011...ation-freedom/

Last edited by dragonsky; Jun 25, 2011 at 10:33 PM.
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  #48  
Old Posted Jun 26, 2011, 10:23 PM
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Originally Posted by Las Vegas Sun

Electric Daisy Carnival's three-day party at Las Vegas Motor Speedway is on its way to meeting or beating the crowd numbers posted by America's most beloved alt-pop festival, Coachella. After Friday's 70,000-to-75,000 count, the event was said to have done 85,000 on Saturday. And there's still one day left. Coachella sold 75,000 three-day tickets for its April event (though, in fairness, Coachella tickets did sell out in a week, prompting that festival to add a second weekend for 2012).
Read More: http://www.lasvegassun.com/news/2011...igger-night-2/
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  #49  
Old Posted Jun 28, 2011, 3:11 AM
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Originally Posted by Los Angeles Times

Electric Daisy Carnival's Las Vegas venue a hit
The event seems to have found a perfect fit in the desert city, where partygoers danced nonstop and mostly untroubled all weekend long.
By Randall Roberts, Los Angeles Times Pop Music Critic
June 27, 2011

If time-lapse photos existed to illustrate the movements of the crowd during the first two nights of the Electric Daisy Carnival this past weekend at the Las Vegas Motor Speedway, a bird's-eye view would show clusters of human ants, an estimated 80,000 for each of the three days of the annual electronic music festival, moving in packs within the grounds of the 1,200-acre complex as if by mysterious force.

Zoom in, and patterns would begin to emerge. Within the facility's 1.5-mile oval track, home on most weekends to racing events like the Kobalt Tools 400, thousands of bobbing heads gathered in darkness around five booming, crystal clear sound systems, bouncing among carnival rides and strobing lights to the sounds of some of the world's most popular DJs — including Benny Benassi, DJ Tiësto, David Guetta, Swedish House Mafia, and Skrillex — and some of the genre's most innovative and forward-thinking masterminds, such as Richie Hawtin, Green Velvet and Rusko.

Focus on just one of the event's many stages — Guetta's 1:30 a.m. Sunday set — and witness party trains snaking through the crowd, rolling in time to a 128-beat-per-minute metronomic thump. Notice one fivesome, holding hands; boys musclebound and shirtless; bikini-top girls wearing matching panties that say "booty" on the bottom; faces lost in music; Mona Lisa smiles.

Welcome to the first Sin City installment of the biggest dance music festival in America, one that seems to have found its natural home in Nevada. Previous West Coast versions of the Daisy Carnival have taken place at the L.A. Memorial Coliseum in downtown Los Angeles, but partly as a result of last summer's death of a 15-year-old girl who had attended the party and the ensuing scrutiny, the company that produced the 14 previous events, Insomnia, moved the carnival to the biggest, most secure outdoor space in Vegas. If there's one city that can handle this crowd, it's Vegas, whose public safety officers deal with adrenaline addicts all day, every day.

The scale was massive: a dance party as county fair, with Ferris wheels, a funhouse and many swirling spinning devices. You could find corn dogs and hamburgers, lemonade and beer. From a proper distance (and with earplugs in), one could imagine it was REO Speedwagon and LeAnn Rimes sharing the showbill.

But EDC draws a subculture that has little overlap with NASCAR dads, even if their children are no doubt here in droves: teenagers and twentysomethings in love with house music and all its myriad forms, swollen with energy and desire. It's a demographic that the Vegas casinos are chasing hard these days. Many of the weekend's headliners are resident DJs at clubs along the Strip; and at the city's hottest new hotel, the Cosmopolitan, gamblers shoot craps while the casino-wide sound system shuffles a playlist that includes Radiohead, Talking Heads and Hot Chip.

And yet, more than two decades after rave culture first sprouted in England, participants have come to accept that their particular passion for electronic music and gathering outdoors in a large, communal mass to dance all night long still confuses and frightens parents reared on the guitar and not the sampler/computer. It continues to be the sonic crux of a generation gap.

The DJs that performed here are ruling the pop charts in 2011: Italian DJ Benny Benassi's collaboration with Chris Brown, "Beautiful People," was a top 10 smash, and Frenchman Guetta's "Love Is Gone" had thousands screaming every word on Saturday night. DJ Tiësto makes as much money as a pop star. But not having risen out of rock 'n' roll, or country, blues, or classic pop music, the notion of gathering large volumes of people to watch DJs throw their hands in the air doesn't really register with the verse-chorus-verse crowd or the media seeking to understand the allure.

There were two fatalities at the rock-oriented Bonnaroo music festival this month, but this news was greeted with relative indifference and little fear-mongering. News of two deaths at the Dallas installment of EDC in early June, however, was treated much more ominously, as though there were trouble lurking inside the music and the structure of its presentation rather than inside every curious teenager faced with the temptation of experimenting with illegal drugs, be it an organic fungus or a synthetic drop of Ecstasy.

Ecstasy? It's a word whose original meaning gets eclipsed by its pharmaceutical one. But ecstasy was everywhere at Electric Daisy Carnival, the kind created by — zoom in further, into the mind — firing neurons racing in the region of the brain devoted to reward, motivation and arousal, where naturally occurring opioids fill the pleasure centers, whether you're on drugs or not.

Specifically, it happened on Saturday night at a stage called the Circuit Grounds, where Chicago house innovator Green Velvet dropped a rich, dynamic set of minimal beat music that contained not only sophisticated experiments in Steve Reich-ian rhythmic phasing but also a relentlessly hypnotic roller coaster of sound. Later at the same stage, Detroit techno producer Jon Gaiser crafted a mathematically precise weave of beats, each placed in the proper spot as if by tweezers and microscope, combined to create an intricate code of sound.

He was followed by Richie Hawtin, who, it could be argued, invented the minimal house template (Hawtin's "Spastik" was sampled throughout the weekend, as was Green Velvet's work), and offered a generous, bass-heavy blend of aural drips and drops that sounded like the last few moments of a spring rainstorm.

Across the speedway at the Basspod, L.A.-based producer/DJ Rusko pushed his innovative dub-step beats. The night prior, Skream and Benga, two-thirds of the dub-step "supergroup" Magnetic Man, offered innards-rumbling stutter-step beats.

But it was Skrillex's packed 3:30 a.m. slot at the Neon Garden that remains stamped in the memory, even if that's partly because of the size of the sonic hammer that the L.A. born and bred DJ used: The artist born as Sonny Moore crafts monstrous, bass-heavy sounds that rip out of the speakers. Harsh digital skids collide with deconstructed vocal phrases, the most memorable of which was his complete destruction of British singer La Roux's "In for the Kill." He chopped words in half, carved them into syllabic snippets that stuttered frantically. It was abrasive and absolutely unsubtle.

The La Roux mix was one of an entire collage of sonic samples over the weekend, one that connected past and present in fascinating ways: the music and voices from the Big Bopper, Adele, Henry Rollins, the Clash, Nirvana, the Ramayana monkey chant, and hundreds more weaved through the music.

Combined with lasers and lights, the gymnasts on trampolines, the spinning sounds and the overall feeling of … Las Vegas, Electric Daisy Carnival proved not only a production success but quite possibly a portent. As of press time Sunday night, the Las Vegas Police Department had reported only minor problems. (Sunday night's closing roster took place too late for print.)

Music, dance, dopamine and lots of shiny, sparkly things: the foundation upon which Vegas was built. As one generation cedes pop culture control to the next, could a Rave du Soleil be too far behind?
Read More: http://www.latimes.com/entertainment...,3357262.story
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  #50  
Old Posted Jul 13, 2011, 3:37 AM
dragonsky dragonsky is offline
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Originally Posted by Las Vegas Sun

Developers cleared to start DesertXpress engineering
By Richard N. Velotta (contact)
Las Vegas Sun
Tuesday
12 July 2011
7:43 p.m.

The U.S. Transportation Department has issued a record of decision on the controversial $5 billion DesertXpress high-speed rail project that would link Las Vegas with Victorville, Calif.

A record of decision is the final step in the arduous process of preparing an environmental impact statement. Approval of the document clears the private developers of the project, DesertXpress Enterprises LLC, to begin preliminary engineering for the 186-mile rail line.

Senate Majority Leader Harry Reid’s office issued a news release Tuesday announcing the record of decision.

This “announcement is about one thing: creating good-paying jobs right here in Nevada,” the Nevada Democrat said in the release. “This major step forward for the privately sponsored DesertXpress project will create more than 32,000 jobs in Southern Nevada and boost our economy by providing another way for tourists to visit and enjoy this great state.”

The announcement comes days before an anticipated House vote in which Republicans have vowed to divert $1.5 billion earmarked for high-speed rail projects to Midwest flood relief.

Such a move could deliver a financial blow to the California High Speed Rail Authority, which is counting on federal funding to help develop a rail line between Los Angeles and San Francisco and Sacramento.

DesertXpress officials are counting on extending their line from Victorville to the California system with a 50-mile link west to Palmdale. Currently, that’s the only plan in place for passengers to travel between Las Vegas and Los Angeles. Critics have ripped Victorville as a terminus of the DesertXpress route, saying Southern Californians wouldn’t park their cars there to ride the train and Las Vegans wanting to go to Southern California would have to rent cars to continue their journey.

The Federal Railroad Administration has overseen the environmental review process, which began in 2006. The process was complicated because the route crossed land administered by the Federal Highway Administration, Bureau of Land Management, National Park Service and Surface Transportation Board, and each agency had to sign off on the plan.

The twin-track route would run primarily within the Interstate 15 right-of-way, with trains reaching speeds of about 150 mph. Company officials have estimated ticket prices to average $50 each way. An estimated 26 percent of Las Vegas visitors come from Southern California.

A UNLV report says the DesertXpress project would produce an estimated 17,469 primary jobs and 16,432 secondary jobs in Clark County by 2013.
Read More: http://www.vegasinc.com/news/2011/ju...s-engineering/
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  #51  
Old Posted Jul 13, 2011, 4:55 AM
nickw252 nickw252 is offline
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Now get it down to Phoenix also.
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  #52  
Old Posted Jul 14, 2011, 2:02 AM
dragonsky dragonsky is offline
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Originally Posted by Las Vegas Sun



Board OKs permits for Strip entertainment plaza
Construction could still be 18 months away, Caesars Entertainment representative says
By Conor Shine (contact)
Las Vegas Sun
Tuesday, July 12, 2011 | 10:52 p.m.

Plans for a $400 million dining, retail and entertainment plaza on the Strip dubbed Project Linq resurfaced Tuesday night at a Paradise Town Advisory Board meeting.

The proposal for a 325,000-square-foot outdoor corridor of bars, restaurants and shops between the Flamingo and O’Sheas was first envisioned by Caesars Entertainment in 2006, but the project was slow to get started because of the economic downturn.

The project would also give the facades of the Imperial Palace and O’Sheas a facelift and would be anchored by a 550-foot Ferris wheel.

“Relatively speaking to the projects we’ve seen on the Strip over the past couple years, this is quite simple,” Caesars representative Tabitha Fiddyment said. “It will take underutilized real estate...and turn it into something totally different from what you see today.”

The board approved a bevy of use permits, and members were enthusiastic about the project.

The advisory board’s approval is a necessary first step for the project to continue, but several more planning and permitting approvals are still needed, Fiddyment said. Although Caesars has committed to funding the project, she estimated it could be 18 months before construction starts.

Plans for a competing 500-foot Ferris wheel two miles away near Mandalay Bay concerned board member Morton Friedlander.

“We’d be the only major city in the world with two big wheels a mile apart. It would be insanity. It would be destructive competition,” he said.

Member Robert Orgill said the projects should be allowed to go head to head “and may the best man win.”
Read More: http://www.lasvegassun.com/news/2011...ment-district/
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  #53  
Old Posted Jul 14, 2011, 3:05 AM
nickw252 nickw252 is offline
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I could see two ferris wheels working - you would get a different view of the strip/desert/mountains from each one.

It is somewhat similar to Chicago having two skyscraper observation decks only miles apart - the Willis Tower and the Hancock Building.
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  #54  
Old Posted Jul 14, 2011, 4:53 AM
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^ Yeah, Vegas has never seemed to me a town of either/or when it comes to development issues. It's why the comments from the planning board member don't make much sense.
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  #55  
Old Posted Jul 16, 2011, 4:15 AM
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Originally Posted by DESERT DISPATCH

VV to Vegas high-speed train is full steam ahead
Karen Jonas
DESERT DISPATCH
2011-07-13 15:27:54

Updated 7/13 with information from DesertXpress spokeswoman.

A proposed high-speed train that would connect Victorville to Las Vegas — without stopping in Barstow — received final approval on its environmental impact statement from the Federal Railroad Administration Tuesday.

The record of decision from the Federal Railroad Administration brings the project one step closer to beginning construction.

The report shows that the train will start in Victorville and will run along the west side of the Interstate 15 corridor to Lenwood, at which point it would run either on the side or in the median of Interstate 15 through Barstow. The train will then continue about one mile north of Interstate 15 to Yermo and will run on the west side of Interstate 15 most of the way to Mountain Pass. Because of the steep terrain at Mountain Pass, the train will then detour for 1.55 miles through the Mojave National Preserve before continuing along the Interstate 15 corridor through Primm to Las Vegas.

The City of Barstow previously opposed the DesertXpress project because an economic study commissioned by the city estimated it will decrease traffic traveling through the city to Las Vegas by up to 33 percent and the project could result in a combined loss of 2,295 jobs within the city. The city has spent more than $100,000 fighting the train so far by hiring a public relations firm and a law firm.

Some city officials contacted Wednesday seemed to have changed their tune about the train’s effect on Barstow and appeared willing to work with the train’s developer.

City Manager Curt Mitchell, Mayor Joe Gomez, Councilman Willie Hailey and Councilman Tim Saenz all said that the city would attempt to work with DesertXpress to bring jobs to Barstow residents by offering vocational training through Barstow Community College. The training will help Barstow residents get some of the 750 permanent jobs working at DesertXpress in Victorville.

Saenz said there had been talks with DesertXpress to have preferred hiring for residents who go through the program.

Hailey also said the vocational training would be a benefit to residents.

“I think the City of Barstow needs to get on board with DesertXpress,” said Hailey. “We need to take that negative and turn it to a positive.”

Mitchell said the focus for the city now that the project has been approved is minimizing any impact on residents.

“At this point, we’ll see what we can do to minimize those impacts and hopefully create some positive opportunities,” said Mitchell.

Councilman Tim Silva said that he was still concerned about the project after sitting down with the company.

“I’m concerned for the residents in this area,” said Silva. “I just don’t support how it’s going to impact the economy of Barstow.”

The DesertXpress project still needs to get approval for a $4.9 billion federal loan for the project before beginning construction — which it estimates could create up to 50,000 jobs in San Bernardino County. Officials had previously stated that the project could begin construction as early as one year from the time of the approval of the final environmental impact statement.

DesertXpress spokeswoman Lee Haney said in a statement that the record of decision will allow the Federal Railroad Administration to move forward with the loan application for the project.
Read More: http://www.desertdispatch.com/news/s...ain-vegas.html
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  #56  
Old Posted Aug 4, 2011, 2:40 AM
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  #57  
Old Posted Aug 4, 2011, 2:44 AM
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Originally Posted by Las vegas Sun



Caesars set to break ground on $500 million Strip project
Linq development to include observation wheel, entertainment district next to Flamingo
By Joe Schoenmann (contact)
Las Vegas Sun
Wednesday, 3 August 2011, 4:45 p.m.

Construction will begin this month on a $500 million mid-Strip development that will include a 550-foot observation wheel — developers insist it not be called a Ferris wheel — and a restaurant-entertainment district linking the Imperial Palace and Flamingo resorts.

Clark County commissioners approved the 18-month “Linq” project Wednesday, giving Caesars Entertainment the green light to break ground, said Marybel Batjer, Caesars Entertainment vice president of public policy and communications.

Design and construction of the observation wheel — its 32 cabins will each carry up to 30 people — will be a technical feat on par with the construction of San Francisco’s Bay Bridge, Batjer said.

“This takes that kind of thoroughness,” she said. “Only a few engineering firms in the world are capable of doing this.”

The project also involves the “re-skinning” of the Imperial Palace and O’Sheas, giving the businesses new facades, and the creation of 326,000 square feet of retail, dining and entertainment venues between the Imperial Palace and the Flamingo.

Representing Caesars Entertainment before the commission, attorney Tabitha Fiddyment said the project will cost about $500 million and “completely change this area of Las Vegas Boulevard … it’s going to entirely revitalize it.”

The project will employ 3,000 construction workers; when it’s complete it will create 1,500 new jobs.

Asked why Caesars Entertainment is doing the project now, as Las Vegas and Nevada remain in the grips of recession, Batjer said reinvention is what Las Vegas is known for.

“None of us in Las Vegas ever sits on our laurels,” Batjer said. “You continue to develop and bring new visions to this terrific place.”

When finished, Batjer said the area between the resorts will become an urban gathering place akin to the Meatpacking District of Manhattan, Fulton Street in New Orleans and South Beach in Miami.

The Linq observation wheel is the second planned for the Strip. In May, developer Howard Bullock of Compass Investments broke ground in construction of a 500-foot-tall wheel across Las Vegas Boulevard from Mandalay Bay. Completion is expected in the first half of 2013.

Commissioners said they hope the Linq development is a “green shoot,” signaling economic development will begin throughout the county.

“It will create thousands of jobs, both construction and permanent, and be another amenity on the Las Vegas Strip for tourists to visit and enjoy,” Commissioner Steve Sisolak said. “It will also provide an economic stimulus to county revenues.”

Commissioner Larry Brown added: “This project is another sign of growing confidence in the Las Vegas market. A $400 million investment, thousands of new jobs — the type of commitment that builds tremendous momentum for our economy.”

Project approval came a day after the commission voted to create a committee that will spend the next few months figuring out how to address a sense of disorder on the Strip, including how to keep it physically clean and dealing with a growing number of unlicensed peddlers crowding sidewalks and irritating tourists. The committee will consist of representatives from the district attorney’s office, Metro Police, casinos and a handful of county agencies.
Read More: http://www.vegasinc.com/news/2011/au...strip-project/
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  #58  
Old Posted Aug 4, 2011, 8:57 AM
Don B. Don B. is offline
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Just came back from Las Vegas after a week there. Loads of fun and pics to come.

One thing for sure - you'd never know there was a recession on with the prices.

--don
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  #59  
Old Posted Aug 6, 2011, 3:09 AM
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Originally Posted by Furniture Today

IMC completes acquisition of High Point's Showplace properties
Heath E. Combs -- Furniture Today, August 1, 2011

LAS VEGAS — International Market Centers announced that it has completed its acquisition of Showplace and associated properties, the final step in its plan to purchase the majority of showroom space of the furniture industry's biggest U.S. markets in High Point and Las Vegas.

The announcement did not disclose a purchase price.

Earlier this year, a Guilford County Superior Court judge said the value of a tentative deal was about $43 million. The proposal was in court because the Showplace properties were in receivership.

With the Showplace properties, IMC has about 60% of High Point's active showroom space, including the International Home Furnishings Center and the former Merchandises Mart Properties Inc. holdings. It also owns the World Market Center in Las Vegas. IMC officials have said the acquisitions in both cities were valued at $1 billion.

With the addition of the properties, IMC can focus on its primary mission to create the most compelling home furnishings market platform for the industry, IMC officials said in a press release.

"We look forward to working with our wide range of business partners to develop a world-class business-to-business platform for both buyers and sellers in the furnishings, home décor and gift industries," said Bob Maricich, CEO of IMC.

Showplace along with four other downtown High Point properties held by the Showplace owners, was placed in receivership in 2009, by a Guilford County judge after its owners defaulted on an $81 million note held by Bank of America.

The properties have more than 930,000 square feet of showroom space, including about 465,000 square feet in Showplace. The other properties include Showplace West (the former First Factors building at 101 S. Main St.) and smaller buildings at 200 N. Hamilton St., 320 N. Hamilton St. and 330 N. Hamilton St.

Showplace was purchased in 2005 by private equity firm Walton Street Capital and three North Carolina developers, High Point residents Maurice Hull and Coy Williard Jr. and Charlotte resident Paul Bell.

IMC said its portfolio now comprises 18 buildings spanning more than 11.5 million gross square feet.

IMC is majority owned by funds managed by Bain Capital Partners and a subsidiary of certain investment funds managed by Oaktree Capital Management, L.P. Related Cos., Bassett Furniture Inds. and affiliates of Network World Market Center.
Read More: http://www.furnituretoday.com/articl...properties.php
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  #60  
Old Posted Aug 14, 2011, 4:26 PM
dragonsky dragonsky is offline
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Quote:
Originally Posted by KLAS-TV 8 News NOW

New Waterpark in the Works for Las Vegas
Posted: Aug 05, 2011 3:46 PM PDT Updated: Aug 05, 2011 3:46 PM PDT
By Sharie Harvin, Reporter
KLAS-TV 8 News NOW

LAS VEGAS -- A new 26-acre waterpark is making a splash in Las Vegas, creating jobs and boosting the bottom line for businesses. Clark County Commissioners unanimously voted for the park and aquatics center, saying they are a few months away from a groundbreaking.

The park will be built near Fort Apache and Warm Springs. The county expects about 400 jobs -- 200 to build the facilities and 200 to operate them. Businesses in the area excited about being flooded with more customers.

"Right now it's ok, but I think it's going to be more customers," said Pia Taing with Benjarong Thai Restaurant.

Not far from the restaurant Taing manages is Raw Health, where the owner Robin Shaw is thinking about the health of the community.

"There's just a lot of vacancies, a lot of empty resident spots, lot of empty commercial spots. So by bringing this project over here, it might make certain people aware of this and say, 'Hey, maybe I should move here or I'll start doing some business here,'" she said.

"We plan on moving forward, they plan on moving forward and it was a seven to zero vote," said County Commissioner Susan Brager. "It's going to be in the southwest section of our community, great access to freeways, people seeing what's out there. Wet n' Wild was over the top and that's how this is going to be, along with that aquatics center and a park in the very front of it."

The Howard Hughes Company, who is supporting the project, has several other parks in Texas called Hawaiian Falls. Owners say they want to keep the name of this park a secret until the groundbreaking, but it's no secret they will be open for business Memorial Day of 2012.
Read More & Video: http://www.8newsnow.com/story/152195...-for-las-vegas
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