Daily Archives: June 7, 2022

LAS VEGAS (KLAS) Station Casinos has announced that it will light up Las Vegas with a city-wide fireworks show on Independence Day.

The launch of each fireworks display will be coordinated between Red Rock Casino Resort & Spa, Palace Station, Sunset Station, Santa Fe Station, Boulder Station, and Green Valley Ranch Resort Spa & Casino.

The shows will be live streamed on social media and will have a synchronized playlist for guests to listen along to. Both are available at stationcasinos.com/fireworks.

Boulder Station, Palace Station, and Santa Fe Station will have parking lot viewings that are complimentary and open to the public.

Sunset Station will offer a complimentary firework viewing party from the Sunset Amphitheater starting at 7 p.m.

Red Rock Casino and Green Valley Ranch Resort will offer separate viewing parties from their main pools at 7:30 p.m. Tickets are available to buy from June 20 to July 4 at both resorts gift shops. Ticket prices begin at $10 for guests two to 11 years old and $25 for guests 12 and older. Children under the age of two are free.

All shows start at 9 p.m. and each location will also host a weekend of live entertainment leading up to the holiday.

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6 Station Casinos properties to light up Las Vegas on July 4 - KLAS - 8 News Now

Southern Nevadas commercial real estate industry entered 2022 on an upswing and continues to flourish, despite some headwinds.

The commercial real estate market is being bolstered by our areas substantial economic growth, robust demand and a development industry that is ablaze with activity.

The following sectors are best positioned to overcome expected challenges in 2022.

They include:

The industrial sector remains strong and resilient. In fact, one of its biggest challenges has been a growing demand for space that is outpacing our local supply. Smaller facilities remain in demand, while e-commerce companies are looking to lease or build larger warehouses ranging from 500,000 square feet to 800,000 square feet.

The North Las Vegas submarket continues to thrive, with most projects designed to meet the needs of e-commerce companies, such as Amazon and Fanatics. Other submarkets like Henderson and the area around the airport have attracted very large users like FedEx and Kroger.

On the docket for 2022, plans include another 18 million square feet of planned industrial space to be built, though most of those projects wont be finished until 2023 and are already spoken for. Southern Nevada absorbed more than 10 million square feet of industrial space in 2021. According to developers, competition is at unprecedented levels and everyone wants a piece of the industrial market, creating a huge shortage of materials and escalating land prices.

The office sector continues its ongoing recovery from COVID-19 and associated lockdowns. During 2021, vacancy decreased to 13.3 percent, which was lower than its pre-lockdown rate of 13.6 percent, but also the markets lowest vacancy rate since before the Great Recession. Asking rental rates increased to $2.27 on a full-service basis. Office inventory increased by 93,365 square feet in the fourth quarter of 2021, bringing year-to-date deliveries to 178,035 square feet.

Southern Nevada had 674,214 square feet of office space under construction at years end, the most space under construction since 2014. Southern Nevada had three quarters of strong net absorption in 2021, with occupancy increasing by 931,390 square feet this year.

Moving forward, the state of our tourism industry will be a key driver in Southern Nevadas recovery. This year, the local economy is expected to continue progressing along its road to recovery even with new COVID-19 variants overshadowing the headlines we have enjoyed recently when it comes to population growth, rising gaming revenues and a steady return of tourists enjoying the bright lights of Las Vegas. After record-breaking gaming revenue numbers through the end of 2021, industry experts are predicting Las Vegas could see a full recovery by 2023.

Still, the states recovery has been skewed and uneven. For instance, Northern Nevadas employment numbers have now exceeded pre-pandemic levels, while Southern Nevada cant yet say the same. And, while gaming revenues are up, local hotel room occupancy levels are not back to pre-pandemic peaks. Of course, the Las Vegas area was one of the hardest hit in the U.S. because of its heavy reliance on travel and tourism.

Large conventions have begun returning to Las Vegas, but with the omicron surge, some of the larger companies that attend such conventions have switched to online participation.

Additionally, international travelers, who account for up to 20 percent of all Las Vegas visitors in recent years, have been slow to return.

By most accounts, the commercial real estate sector is expected to continue on an upward trajectory this year, but look for vulnerabilities in rapidly rising material costs, inflation, land constraints, omicron and concerns of water supply amidst a regional drought, despite our ongoing conservation efforts.

Good times in 2022, but what will happen in 2023?

Hayim Mizrachi is president of the 2022 NAIOP board of directors and president of the MDL Group.

Link:

Commercial real estate on the rise in Las Vegas, but not without headwinds - Las Vegas Review-Journal

LAS VEGAS (KLAS) Less than a week after his trip to Las Vegas to help launch the Interstate 15-Tropicana Avenue project, U.S. Secretary of Transportation Pete Buttigieg has tested positive for COVID-19.

Buttigieg tweeted on Monday morning: I have tested positive for COVID-19 and am experiencing mild symptoms. I plan to work remotely while isolating according to CDC guidelines, and look forward to when I can safely return to the office and the road.

Nevada Gov. Steve Sisolak and Buttigieg were on hand for the ceremony to launch the $305 million interchange project on Tuesday, May 31. U.S. Sen. Catherine Cortez Masto and U.S. Rep. Dina Titus were also at the event.

Buttigieg quarantined for 14 days in February 2021 after a member of his security detail tested positive for the coronavirus, according to The Hill. Buttigieg made a public appearance as recently as Sunday, when he spoke on ABCs This Week with George Stephanopoulos.

The Transportation secretary has two infant children with his husbandChasten Buttigieg,with both children ineligible for COVID-19 vaccination due to their ages, according to The Hill.

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Buttigieg tests positive for COVID-19 after last weeks visit to Las Vegas - KLAS - 8 News Now

A Las Vegas hospitality group is coming on to Dallas hard with two restaurant openings. One will be an Italian steakhouse, the other an Asian restaurant and bar.

The group is Hooper Hospitality Concepts, which owns Italian and Mexican Restaurants in Las Vegas. The restaurants are:

The Saint will feature an Italian-inspired menu, with dry-aged meat and chops, pasta made in-house, and an abundance of vegetable-based dishes for vegetarians and vegans. The beverage program will consist of inventive spins on classic cocktails, with house-made syrups and tonics, and a wine list emphasizing Italian wine and California reds.

The 4,900-square-foot space will offer lounge seating for 120, with a "saints and sinners" theme, evoking contrasting moods via materials and design such as wood and steel and bright and dark colors.

Night Rooster will feature shareable plates featuring dim sum and classic Asian dishes, as well as Japanese beef and raw bar favorites. The cocktail program will emphasize Asian whiskeys, soju, and sake.

The space will offer seating for more than 300, with 4,000 square feet of space inside and 3,000 square feet outside, including downstairs seating and rooftop. The interior will be "modern-Asian inspired," with a dark and moody atmosphere, while the lower-level, outside dining space will take inspiration from a Hong Kong alleyway. The rooftop will be adorned with wood and plants.

In a release, Hooper Hospitality Concepts CEO Andy Hooper describes Dallas as "an incredible city with one of the most exciting and diverse culinary scenes in America," and promises that The Saint and Night Rooster will offer unique dining experiences, combining Las Vegas flair and Texas hospitality.

Hooper has opened restaurants such as The Black Sheep, a Las Vegas spot serving casual modern Vietnamese-American food in an elevated neighborhood environment; and Locale Italian Kitchen + Craft Cocktails in Mountains Edge, which was honored with a James Beard nomination and was named New Restaurant of the Year by the Nevada Restaurant Association.

According to his bio, Hooper oversaw the opening of Mario Batali's first restaurants in Las Vegas, B&B Ristorante and Carnevino Italian Steakhouse, and also worked with MGM Resorts International, as well as Buddakan in New York, Alicart Restaurant Group, and for chef Daniel Boulud and Dinex Group.

In addition to the two restaurants, Hooper is also planning to open a boutique hotel in Dallas.

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Las Vegas group rolls dice on Dallas with Italian steakhouse and Asian bar - CultureMap Dallas

Its time for another episode of theLocked on Womens Basketballpodcast. This episode features hostHoward Megdal and beat reporter for the Las Vegas Aces Matthew Walter. The fellas discuss all things Las Vegas Aces.

Matthew talks about who Kelsey Plum is as a person and player:

She describes herself as a dog and I put it with a, WG instead of [D O G] like shes a dog at heart, which to me means, shes going to go out there and do what she needs to do. And play at the level she plays at no matter whether theyre up 20, down 20 whatever the game is. And its shown through the first 12 games of this season so far for the Aces.

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Plum is the leading scorer on the Aces; however, she is not the number one option. Matthew speaks more on this:

I dont think this offense has a number one option. I think that the way that their offense runs, I dont think theyve had consecutive games with the same leading scorer. Every game theres been somebody different from the previous game, who leads them in scoring because they have the ability, where all five of the people on the floor with the spacing and the way they attack the basket can score.

Make sure to subscribe toLocked on WomensBasketball, where we have new shows every weekday.

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Locked on Women's Basketball: Are the Las Vegas Aces unstoppable? - - The Next: A Women's Basketball Newsroom

You never know what fans are thinking ... until you ask.

We recently ran a poll, now with the 2022 NFL draft well in the books, what is an early position fans think the Las Vegas Raiders may target in the first round of next years draft. Its an impossible task because there are so many unknowns. But there are a few positions that stand out as early possibilities.

Yet, we had a surprise winner and it wasnt even close. In a poll in which more than 1,110 votes were tallied, 765 votes (69 percent) voted for quarterback.

Wow. OK.

Raiders starter Derek Carr is just 31 and he just signed a three-year contract. Yes, the Raiders can get out of the deal next year, but thats not their goal. They want it to work out with Carr.

Yet, next years quarterback draft class is supposed to be solid, so maybe the quarterback voters were thinking it would be a good time to draft Carrs future replacement and stash him for a year or two. Perhaps some voters were just throwing shade at Carr.

Whatever the reason, it was a runaway vote.

Here are the complete voting percentages: QB 69, Tackle 10, CB 9, LB 6, DT 2, WR 1, G 1, S 1. DE 1. Running back, tight end and center all tallied zero percent. My early guess would be tackle because I think the Raiders offensive line is still a work in progress. But, really, its a mystery.

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Las Vegas Raiders poll results: QB in 2023 draft? - Silver And Black Pride

Las Vegas Raiders teammates Derek Carr and Davante Adams shared a pretty special moment during the teams recent offseason work.

The Las Vegas Raiders are a side that for years were very close to making a breakout, but somehow just werent able to get over the line when it mattered, although things have started to look up for them in recent years.

They are slowly making progress in terms of win totals, winning 4 games in 2018, which became 7 wins in 2019, 8 in 2020 and 10 in 2021 which brought them their first playoff berth since the 2016 season, although they were made to work hard for it, as their place wasnt secured until the final play of the regular season when they beat the Los Angeles Chargers in a win or go home game in Week 18.

And that was after they had to go through a coaching change midway through the season as Jon Gruden resigned following some revelations that came out about things that he had said during his time as a commentator for ESPN.

In an attempt to make their offense that little bit more dangerous, the Raiders went out and make a big move this past offseason, bringing on board Davante Adams in a trade with the Green Bay Packers, sending them a 1st and 2nd round pick in this years draft.

Adams has become quite the threat in the NFL having worked with Aaron Rodgers, with his 123 catches which yielded 1,553 yards and 11 touchdowns putting him in the conversation as one of the best receivers in the game

Which should make Raiders quarterback Derek Carr very happy indeed, as he knows personally how good of a player he is.

The two men actually played together during their college days at Fresno State and it was clear to see just how excited they are to be working again as footage emerged from the teams offseason work.

Carr interrupted Adams as he was conducting an interview, as it was the first time that Carr had seen Adams in the iconic silver and black uniform of the Raiders:

Lets just hope their chemistry off the field turns into something on the field too, because if he can bring what he did with the Packers to Sin City, then the Raiders could be on to something special this season.

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Las Vegas Raiders: Adams and Carr can't contain their excitement at working together - GIVEMESPORT