Technology Corridor Planned for North Las Vegas
The city of North Las Vegas is working with five developers and the Community College of Southern Nevada to promote the Cheyenne Technology Corridor, a designation given to land along Cheyenne Avenue from the college to the North Las Vegas Airport. The coalition is hoping to add 1.5 million square feet to 2 million square feet of high-tech office space along the corridor, which has been primarily developed as big-box warehouse projects. The five developers are: Brennan Brothers, who are planning a 70-acre master-planned development near the western edge of the corridor; Harsch Investment Properties, which will break ground this month for the 202,000-square-foot Cheyenne Commerce Center; Jackson-Shaw, developer of Northport Business Center with 126,000 square feet of office, light manufacturing and flex space; RDS/Insight, LLC, builders of CheyenneWest Corporate Center, a 37-acre mixed-use business park; and Stoltz Management Company, developers of Hughes Cheyenne Center, a 209-acre master-planned industrial park.
Contracts Awarded for General Motors Facility
Blakely Johnson & Ghusn, Inc. Engineering and Architecture has been selected to provide structural design and construction administration for a new facility in Stead owned by General Motors Service and Parts Operations. Clark & Sullivan Constructors, Inc. will serve as general contractor for the $15 million parts distribution center. The center will facilitate the rapid delivery of GM parts to dealers in sections of Nevada, California, Idaho and Utah. Scheduled for completion in fall 2002, the PDC will employ approximately 200 people in 20,000 square feet of office space and 385,000 square feet of warehouse. The building will be constructed according to a standardized template design used by General Motors for similar facilities.
Ground Broken for Diablo Commerce Center
LaPour Partners recently broke ground for a $10 million industrial project located near the northwest corner of Russell Road and Decatur in southwest Las Vegas. Developer Jeff LaPour acquired the 9-acre parcel in August 2001 with plans to construct Diablo Commerce Center, a 143,711-square-foot speculative office/warehouse project with immediate access to the I-215 Beltway and I-15. It will consist of two dock-high, mid-bay distribution buildings divisible to 6,000 square feet. Jim Stroh will serve as architect for the project, TWC Construction will be the general contractor and Colliers International’s Mike DeLew, Spencer Pinter and Greg Pancirov have been selected as leasing agents. The facility is scheduled for completion during the third quarter of 2002.
NAI Horizon Completes Apartment Sale
NAI Horizon, a commercial real estate firm based in Las Vegas, has successfully completed the sale of the Conejo Villas apartment complex, located in southwest Las Vegas. Peter Moore and Michael Shaffner of NAI Horizon represented the seller, The Frias Trust, in what was described as a multi-faceted and complex transaction. The $15.5 million sale is part of a series of multi-family deals the firm is positioned to complete in 2002 and 2003, according to Moore and Shaffner. NAI Horizon is part of a global network of NAI offices with more than 230 locations serving over 300 markets in the United States, Canada, Latin America, Europe and Asia.
New Paving Procedure Tested in Southern Nevada
The city of Henderson, Southern Nevada Concrete and Aggregates Association (SNCAA) and Las Vegas Paving Inc. recently teamed up on a demonstration project for a product designed to reduce the number of rippled roadways in Southern Nevada caused by summer heat and heavy traffic flows. Ultra-Thin Whitetop (UTW) is a pavement rehabilitation technique that uses a 2-inch to 4-inch layer of concrete placed on top of a milled asphalt surface. The concrete consists of a combination of polypropylene, steel and nylon fibers. According to SNCAA President Rich Warren, “Traditional asphalt will have to be repaired two or three times more often than UTW. And, since the original roadway isn’t disturbed and the concrete takes less than 24 hours to dry, UTW construction time is less than half that required for conventional pavement reconstruction.” The demonstration project is located at the intersection of Sunset Road and Boulder Highway in Henderson.