Don Ahern’s purchase breathes new life into a boutique resort that closed less than two years after it opened — perhaps the fastest demise of a Las Vegas hotel-casino in decades — and drew tremendous interest from prospective buyers.
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.
During the mid-2000s bubble, a developer set out to build a luxury condo tower where Eclipse Theaters now stands — and if he had followed through, it could have been a financial disaster.
After years of marrying couples from around the country and the world, A Little White Wedding Chapel, located at 1301 Las Vegas Blvd. South, is now up for sale.
At least one business near the Raiders stadium is already cashing in on the project.
The area around the Raiders stadium may not be the best or easiest place to build a big project or open a retail business.
The $1.84 billion stadium project about a mile west of Las Vegas Boulevard, was dumb luck for nearby landlords. A few bought property right across from the stadium site as recently as 2015 — two years before the football team purchased its land — and others have owned parcels much longer.
Eclipse Theaters’ foreclosure sale has been postponed.
New York developer Steve Witkoff has pushed back the former Fontainebleau’s opening date, delaying the debut of Las Vegas’ towering monument to the recession.
More than a year after buying Crown Resorts’ land on the Las Vegas Strip, Wynn Resorts Ltd. has nixed a deal to buy the whole company.
The Amazon-owned retailer announced that it will hold a grand opening celebration Friday for its 325,000-square-foot fulfillment center and retail outlet at 9101 Minor Lane in Louisville.
Panattoni Development Co. announced Thursday that it completed construction of Centennial Commerce Center, a 213,000-square-foot industrial project at 6405 E. Centennial Parkway in North Las Vegas.
Office1 said it was previously based at 3930 W. Ali Baba Lane – about a mile from the new Raiders stadium – and that management decided to convert the former headquarters into warehouse space.
Eclipse is still open and showing movies. But its financial and legal woes show the eight-screen, 72,000-square-foot theater has had a rocky ride.
With the Las Vegas Aviators playing baseball at the new Summerlin stadium, neighboring land could eventually sprout a range of projects.
Las Vegas’ main housing association has reversed course and predicted a rosier spring selling season after a huge jump in deals last month.
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