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Tuesday, September 3, 2013

New Large-Scale Master Plan Proposed for Las Vegas

From the article:
A partnership wants to give Las Vegas its first new large-scale master plan since the recession. But the site being eyed has a cloudy history, and the state of the market could give it an unclear future.
The Olympia Cos., in partnership with New York investment groups Stonehill Capital Management and Spectrum Group Management, are looking to build out the 1,700-acre master plan at U.S. Highway 95 and Kyle Canyon Road that Focus Property Group was set to develop in 2007 before foreclosure scratched the idea.
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