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Located at the corner of South Third Street and Gass Avenue, the three-story building offers eight screens as well as a bar and lounge. The 72,000-square-foot cineplex features extra-padded reclining seats and theaters that accommodate from 30-40 people to 70-80 people. It opened in 2016, more than two years after its first planned opening date. At the time, its executive director of operations told the R-J the company was “absolutely interested” in growing the brand in Las Vegas and around the country.

Las Vegas’ median sales price of a previously owned single-family house was $300,000 in March, up 7% from a year earlier. Despite the increase, home prices are still below their bubble-era peaks. The median sales price of a previously owned single-family home peaked at $315,000 in mid-2006. Adjusted for inflation, the peak was around $392,430 in today’s dollars — more than $92,000 above the current median.

Summerlin is Las Vegas’ largest master-planned community with 22,500 acres and roughly 110,000 residents. Howard Hughes Corp. also owns the minor-league Aviators team, the ballpark and nearby land, and the open-air Downtown Summerlin mall.

Henderson is no longer a bedroom community. The city accounted for about 11 percent of all of the jobs in the Las Vegas valley in 2018, according to Emsi. While both Henderson’s job market and population are on the rise, the job market is growing at a faster pace. Henderson’s job market is projected to grow 19 percent between 2018 and 2028, while the population is expected to grow 13 percent. Henderson accounted for 23 percent of the valley’s annual new home sales in 2018. In 2005, it was only 11 percent, according to Home Builders Research. John Restrepo, RCG Economics

Bonnie Springs Ranch, the replica Old West town near Las Vegas, has sold for $25 million. Developer Joel Laub closed his purchase of the 64-acre property on April 2, county records show. He has drawn up plans for 20 custom-home lots, a 25-room motel, a restaurant and a 5,400-square-foot event barn. Bonnie Springs was a decades-old desert attraction that offered mock gunfights and hangings, a petting zoo, horseback riding and a motel.

Faraday Future is trying to sell more than 900 acres of land at Apex Industrial Park for $40 million. But will the startup electric-car-maker find a buyer? Besides Faraday’s property, at least 2,000 acres of land is on the market in the Apex area, listings show. On top of that, Apex is a decades-old, desert industrial park that developers have largely avoided.

Las Vegas home prices in January grew fastest among major U.S. markets for the eighth month in a row, S&P Dow Jones Indices reported. Southern Nevada’s prices were up 10.5% year-over-year, more than double the national rate of 4.3%. In 2018, prices rose in every ZIP code in the Las Vegas Valley for the second year in a row, according to SalesTraq. Prices grew fastest in older, more centrally located areas. But prices were highest in the suburbs.

Former LVCVA boss Rossi Ralenkotter pushed for funds for a police substation expansion while police investigated his agency. He set up a meeting with Sheriff Joe Lombardo to discuss the project
after he became a target of the investigation. Experts say the meeting raises potential conflict of interest concerns for Lombardo, who won’t comment. The investigation is looking into $50,000 in missing Southwest Airlines gift cards. Ralenkotter used $17,000 in gift cards for personal travel. He repaid the money and denies wrongdoing.

One flight a week to become two weekly to and from Cabo San Lucas, Mexico, on Frontier beginning May 1. One flight a week to become four to five weekly to and from Frankfurt, Germany, on Condor Airlines beginning in the summer. Two weekly flights to and from Monterrey, Mexico, on Viva Aerobus beginning June 2. Three weekly flights seasonally to and from Amsterdam, on KLM Royal Dutch Airlines beginning June 6. One seasonal flight a week to and from Tel Aviv, Israel, on El Al Airlines beginning June 14. Two seasonal flights a week to and from Kelowna, British Columbia, Canada, on Swoop Airlines beginning June 27. Three seasonal flights a week to and from Dusseldorf, Germany, on Eurowings Airline beginning July 3.

Eilers & Krejcik Gaming estimates March Madness will annually generate a total handle of about $15.2 billion. And gross gaming revenue of approximately $1.2 billion. Bettors located in Delaware, Mississippi, Nevada, New Mexico (tribal lands), New Jersey, Pennsylvania, Rhode Island, and West Virginia will be able to place wagers on March Madness games this year. Last year, March basketball handle in Nevada reached an all-time high of $436 million, according to the research and consultancy firm.

Allegiant Travel Co. announced plans in 2017 to build a beachfront resort. The plans said the resort would have a hotel, nine condominium towers and a marina spanning 22 acres in Western Florida. The initial phase of Sunseeker Resorts Charlotte Harbor calls for around 510 hotel rooms, 189 extended-stay units, meeting and conference space, and restaurants, bars and retail. The resort is set to open in 2020.

Metro Police Department detective Michael Gomez said Southern Nevada residents should be wary of gas station pumps. He said skimmers — devices installed in gas pumps to steal credit card data — are one of the most prevalent scams in the valley. Michael Gomez, Metro Police Department There was a 10 percent increase in the number of payment cards compromised at ATMs and merchants in the U.S. in 2017, according to a March 2018 report from Silicon Valley analytic software firm FICO. A skimmer at just one gas pump can collect data from up to 100 cards per day, according to the National Association for Convenience Stores. Gomez suggested sticking to pumps with security stickers attached. Michael Gomez, Metro Police Department

The scars of the recession have largely faded from Las Vegas’ real estate market, but around town, there are still reminders of the boom and bust. An empty parcel of land off the south Strip was supposed to have a 26-story condo tower during the mid-2000s bubble. A vacant lot near The Orleans was earmarked for an $850 million project with two 36-story towers. A parcel at Tropicana Avenue and Interstate 15 now has two small hotels, but it was supposed to have a 41-story resort. Across from the SLS, a Walgreens occupies property that years ago was earmarked for an 80-story condo tower called Ivana Las Vegas. In the southwest valley, developers set out to build the multi-tower Sullivan Square. But today, the project site is just a giant hole in the ground.

Summerlin developer Howard Hughes Corp. sold more land for new housing last year than it did in 2017. It sold 244.8 acres of residential land in Summerlin – Las Vegas’ largest master-planned community – for $144.7 million last year. That’s up from 206.6 acres for $120.7 million in 2017. Summerlin spans 22,500 acres along the valley’s western rim and has roughly 110,000 residents.

Southern Nevada is about 800 mechanics short, according the Governor’s Office of Economic Development. As the technology in cars continues to advance, it’s becoming more difficult to find auto mechanics and technicians who know how to work on the vehicles. Usually, a labor shortage translates to higher wages. But the median wage for auto service workers in Clark County is $17.50 an hour, according to Emsi, a labor market analytics firm The average hourly wage in the Las Vegas Valley is $21.37, according to the Bureau of Labor Statistics.

Eastern and Ione 9925 S Eastern Ave , Las Vegas, NV 89183 Rainbow & Lake Mead 1991 N Rainbow Blvd, Las Vegas, NV 89108 Sahara at I-15 192480 S Rancho Dr, Las Vegas, NV 89102 Stephanie at Warm Springs 460 N Stephanie St, Henderson, NV 89014 South McCarran and 580 6365 S McCarran Blvd, Reno, NV 89509 Sparks Blvd & I-80 1390 Big Fish Dr, Sparks, NV 89434 More are on the way

Valley Electric Association is an energy cooperative headquartered in Pahrump, Nevada. The cooperative provides electric service to more than 45,000 people in a 6,800-square-mile service area, primarily along the California-Nevada border. The cooperative is member-owned, meaning all members who receive electricity through its transmission grid are also considered owners. The “member-owner” status gives each person a voice in how their cooperative operates. Members elect the leadership, and any member can become part of the leadership team. According to Valley Electric’s website, it has 17,500 member-consumers who participate in its governance.

Las Vegas’ apartment market has accelerated in recent years. Developers are packing the suburbs with projects, landlords are on a buying spree, and tenants are filling buildings. Rents are also rising at one of the fastest rates in the country, stretching affordability for some. The average asking rent for a Las Vegas apartment is $1,059, up more than 25 percent since early 2013, according to research firm Reis Inc. The rental market has gained speed amid strong job and population growth. And landlords, despite raising the rents, are having little trouble signing tenants.

In 2020, The Drew, formerly known as the Fontainebleau, is slated to open along with the $3 billion Resorts World Las Vegas, an Asian-themed casino slated to open in 2020, will have 3,000 rooms. The $1.8 billion Raiders stadium will open.
The Las Vegas Convention and Visitors Authority will finish its expansion of the Las Vegas Convention Center. The 18,000 seat concert venue MSG Sphere is expected to open.

Southern California investors bought nearly 60 acres of mostly empty real estate near the Strip for $130 million. The Daneshgar family, owners of 3D Investments, acquired the spread at Harmon Avenue and Koval Lane. Previous plans for the site included hotel-condo projects the W Las Vegas and Las Ramblas. Backers of the $3 billion Las Ramblas included actor George Clooney and nightclub owner Rande Gerber.

Billionaire hedge fund activist Carl Icahn has made some big bets on Nevada that have paid off. Icahn purchased the Stratosphere out of bankruptcy court in 1998. He also bought two Arizona Charlie’s casinos and a Laughlin casino. He sold those properties for $1.3 billion in 2007. Icahn bought the partially built, mothballed Fontainebleau hotel out of bankruptcy for around $150 million in 2010. He sold it for $600 million in 2017. In 2008, Icahn bought a stake in Tropicana Entertainment. He sold it last year before the market selloff to Eldorado Resorts for $1.85 billion. In 2019, Icahn confirmed that he has purchased a 9.8 percent stake in Caesars Entertainment Corp. worth more than $600 million.

Wyoming’s Justin James leads the MW with 20.7 points per game. Cowboys coach Allen Edwards said James has furthered the program. UNLV coach Marvin Menzies will try to devise a plan to stop Wyoming. The Rebels won the first meeting 68-56 last month in Las Vegas. Amauri Hardy leads UNLV with 13.2 points per game.

An American Airlines flight on its way to McCarran International Airport made an emergency landing at Nellis Air Force Base on Saturday afternoon. Flight 671 was diverted to the base because of wind conditions at the airport and low fuel levels, Nellis spokeswoman Rebekah Mattes said. American Airlines spokesman Josh Freed said there was no fuel leak, and the airplane had enough gas to get to McCarran. The airplane, which was on its way to Las Vegas from the Dallas Fort Worth International Airport, had 194 people on board, including six crew members.

“Heavy D,” star of Discovery Channel’s “Diesel Brothers,” launched the first Heavy Academy on Friday. The conference gave business owners a look into Heavy D’s online business practices. About 89 percent of American adults use the internet, yet only two-thirds of businesses invest in online advertising. Attendees were able to learn about e-commerce, social media, website building, online advertising and more through panels and sessions. Speakers included Instagram influencers, entrepreneurs, e-commerce experts and more. Heavy D