Building Nevada Briefs - February 2006

Building Nevada Briefs

Developers Announce Partnership

A group of Las Vegas landowners and developers recently announced plans to develop West Village, a planned "suburban downtown" that will encompass 700 acres centered at the I-215 Beltway and the intersection of Sunset and Durango. The developers include Centra Properties, KB Home, The Curve Development Company, Glen Smith Glen, Sunset Durango Properties, GKT Holdings, Station Casinos, Inc., the University of Nevada-Las Vegas and Clark County. West Village will have 10,000 residential units, 8 million square feet of commercial space, a university research and technology park and a hotel-casino-entertainment complex. Developments for West Village include: Centra Point, a 30-acre business center; The Curve, a 45-acre urban design incorporating mid-rise residential, regional retail and an open-air urban plan; a 20-acre Glen Smith Glen project with mid-rise residential, office and retail; Project Durango, 65 acres of urban residential and commercial space; the 120-acre Harry Reid Research and Technology Park by the UNLV Research Foundation; and Durango Station Hotel and Casino.

NCA Presents Annual Awards

The Nevada Contractor’s Association recently named Las Vegas Paving Corp. as its 2005 Contractor of the Year recipient. The awards are the industry’s highest honor, recognizing excellence and leadership. Las Vegas Paving Corp. is a 47-year-old privately owned firm responsible for such notable projects as the Las Vegas Speedway, the I-215 Beltway and U.S. 95. Other 2005 winners include: Olson Precast Co., subcontractor of the year; Wells Cargo, heavy/civil project of the year for Spring Mountain Road/Sands Avenue widening; Perini Building Co., project of the year for the Caesars Palace Augustus Towers; Werdco BC, safest contractor; Paul Workman, BankWest of Nevada, associate of the year; and Cate Equipment Co., supplier of the year.

Slade Development Breaks Ground

Las Vegas-based Slade Development recently broke ground on Vantage Lofts, an urban-style loft community located in Henderson near U.S. 95 and the I-215 Beltway. Vantage Lofts is planned for construction in three phases. Phase one will encompass 110 units and has an expected completion date in the fourth quarter of 2006. Construction of phase two is scheduled to begin the second quarter of 2006. Slade Development is the developer and design builder, while Metropolitan Realty is the development’s broker. The development consists of one- and two-bedroom flats, townhouses and two-story lofts ranging in size from 1,000 square feet to 2,600 square feet. Amenities include a clubhouse with outdoor swimming pool and Jacuzzi, a state-of-the-art theater, a 3,000-square-foot fitness center and controlled community access.

2005 Pinnacle Awards Announced

Northern Nevada’s construction community showcased its best work of the past year at the Pinnacle Awards, sponsored by the Nevada Chapter of the Associated General Contractors. The 2005 category winners include: United Construction for Aramark Tenant Improvement and Harley-Davidson Financial Services; Krump Construction for The Lodge at Tahoe Donner; Martin Iron Works for the Reno Re-TRAC Project; Granite Construction for the Cave Rock Project and the Wells Avenue Project; Q & D Construction for Immaculate Conception Church, the Reno Events Center and Saint Mary’s West Campus; and Clark & Sullivan Constructors for Tahoe Truckee Unified School District and Alder Creek Middle School.

Work Begins on Spanish Trail Business Park

Investment Equity Development has broken ground on Spanish Trail Business Park, a 76,000-square-foot mixed-use development in Las Vegas. Located at the intersection of Tropicana and Rainbow, it features a 10,000-square-foot for-lease retail building fronting Rainbow, as well as an office campus of 11 buildings with units for sale from 2,050 square feet up to 10,000 square feet. The project is scheduled for completion in the summer of 2006.