Multiple revival plans for the Huntridge Theater have come and gone over the years. A new plan by a developer buying the historic venue includes adding other projects at the property.
Eli Segall
Reporter: Real estate
Email: esegall@reviewjournal.com
Phone: (702) 383-0342
X: @eli_segall
Eli Segall joined the Review-Journal in August 2016 after covering real estate and other business topics for four years at the Las Vegas Sun. He also worked for the Silicon Valley/San Jose Business Journal, The Associated Press and other news groups. Segall has a bachelor’s in political science from the University of Michigan and a master’s in journalism from the University of Maryland. His awards include 2017 Story of the Year from the Nevada Press Association.
The deal is expected to close in the first or second quarter next year and, once complete, will create one of the largest builders in the country.
The penthouse boasts 6,230 square feet of living space, 30-foot floor-to-ceiling windows, an indoor DJ booth, an outdoor hot tub, movie screen and bar and panoramic views of the valley.
The Las Vegas City Council has approved a plan to facilitate the sale of the Huntridge Theater, raising hopes that the historic structure will be refurbished and reopened.
Nearly 2,900 previously owned single-family homes changed hands in October, up from September, according to the Greater Las Vegas Association of Realtors.
Months after announcing plans for a futuristic mini-city in Las Vegas, the developer has reached a deal to buy a project site for more than $300 million.
Despite an overall sales dip this year in Summerlin, homebuilders found more buyers in recent months in Las Vegas’ largest master-planned community.
A Henderson official called the Raiders practice field a “catalyst project,” though developers with projects in the area gave mixed responses as to whether the team’s arrival has sparked any other construction nearby.
The market has slowed considerably this year, after a heated run in 2018 sparked affordability concerns. The cooling, at least in theory, could help jumpstart home sales.
In the latest attempt to pump life into the Huntridge Theater, a local developer is looking to buy and rehab the building.
After two years with some of the fastest-growing home prices in the nation, Las Vegas tumbled closer to the middle of the pack in August amid its ongoing slowdown.
The doors are open at the Las Vegas strip club, the cash register is on, its website is up, and “big flashing signs” outside still advertise the club, the Siegel Group’s general counsel told District Judge Mark Denton during a Tuesday hearing.
Some of the new or expected developments in west Henderson also have landed government-approved cost savings along the way, fetching tax breaks and discounted land.
At least 36 projects are underway, planned or completed in the west Henderson area, including the Raiders practice facility.
Developer Sam Cherry is building his first residential complex since the boom days — a four-story apartment complex in downtown Las Vegas’ Arts District.
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