Recent Projects

An older area of Las Vegas is on the verge of being plowed under by progress. Apartments built in 1963 on 33 acres north of Harmon Avenue will be razed to make way for The Gardens, a mixed-use resort development. The site is being offered for $87 million, executives for Colliers International said Tuesday. The price, about $2.6 million an acre, is roughly one-third of what Strip property is going for just a mile to the west, said Scott Gragson, a land investment specialist with Colliers. He envisions moderately priced high-rise condominiums and apartments, a time-share component, specialty retail and a casino-hotel. The Gardens would be a densely populated, self-contained urban center, home to as many as 12,000 people. It is likely that automobile traffic would be reduced in the area with subterranean parking and easy pedestrian access to all points in the development.

Excerpt of article from Las Vegas Review Journal by Hubble Smith