vegasinc.com | APril 10-16, 2016
Kevin Burke, president and CEO of Burke Construction Group, says “we may never see our market ‘boom’ again as it has in the past, but I would take steady year-overyear growth over a boom market.” (l.e. baskow/staff)
Ups and downs of construction CEO of Burke Construction Group talks about the industry’s past, present and future in Las Vegas and beyond By Howard Riell | SPECIAL TO THE SUNDAY
Las Vegas’ construction sector has made impressive strides since being pounded silly by the recession. ¶ Burke Construction Group Inc., an award-winning general contracting firm headquartered in Las Vegas, figures to be a big part of the era of new growth. ¶ VEGAS INC recently sat down with the firm’s president and CEO, Kevin Burke, to burke, Continued on page 15
2017
Anticipated opening date for two Chick-Fil-A locations in Southern Nevada. Chick-Fil-A plans to open eight to 10 valley locations in the next five years.
$2.6B
Amount Alaska Air Group will pay to buy Virgin America to become the fifthlargest airline in the United States and compete more effectively with larger airlines.
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APRIL 10-APRIL 16
CONTENTS GROUP PUBLISHER Gordon Prouty ASSOCIATE PUBLISHER Breen Nolan
EDITORIAL
NOTEWORTHY STORIES
05 06 08 Q&A WITH BRIAN FIKE
The vice president of investment sales at Colliers International forecasts the year for Southern Nevada’s commercial real estate industry, offers advice for buyers and sellers, and talks about how Las Vegas has changed in his 57 years here. THE NOTES People on the move, P4
MEET: RETROSPECS & CO.
Jay Owens and Marya Francis opened their first store in 1992 and recently added a location at the Cosmopolitan of Las Vegas, catering to eyewear connoisseurs, professionals and hipsters. TALKING POINTS Revisiting construction defect law, a year later, P7
DATA AND PUBLIC INFORMATION A listing of local bankruptcies, bid opportunities, brokered transactions, business licenses and building permits. MORE VEGAS INC BUSINESS NEWS Calendar: Happenings and events, P17 The List: Homebuilders, P22
EDITOR Delen Goldberg (delen.goldberg@gmgvegas.com) MANAGING EDITOR Dave Mondt (dave.mondt@gmgvegas.com) ASSISTANT MANAGING EDITOR/SPORTS AND DIGITAL Ray Brewer (ray.brewer@gmgvegas.com) STAFF WRITERS Kailyn Brown, Julie Ann Formoso, Jesse Granger, Chris Kudialis, Megan Messerly, J.D. Morris, Daniel Rothberg, Cy Ryan, Eli Segall, Ricardo Torres-Cortez, Jackie Valley, Ian Whitaker COPY DESK CHIEF John Taylor COPY EDITORS Jamie Gentner, Brian Sandford SPECIAL PUBLICATIONS EDITOR Craig Peterson EDITORIAL CARTOONIST Mike Smith LIBRARY SERVICES SPECIALIST Rebecca Clifford-Cruz RESEARCHER Julie Ann Formoso OFFICE COORDINATOR Nadine Guy
ART ASSOCIATE CREATIVE DIRECTOR Liz Brown (liz.brown@gmgvegas.com) DESIGNER LeeAnn Elias PHOTO COORDINATOR Mikayla Whitmore PHOTOGRAPHERS L.E. Baskow, Christopher DeVargas, Steve Marcus
ADVERTISING ASSOCIATE PUBLISHER OF ONLINE MEDIA Katie Horton GROUP DIRECTOR OF SALES OPERATIONS Stephanie Reviea PUBLICATION COORDINATOR Denise Arancibia SENIOR ADVERTISING MANAGER Jeff Jacobs EXTERNAL CONTENT MANAGER Emma Cauthorn BUSINESS DEVELOPMENT SPECIALIST Sandra Segrest ACCOUNT MANAGERS Katie Harrison, Dawn Mangum, Sue Sran ADVERTISING MANAGERS Jim Braun, Brianna Eck, Frank Feder, Kelly Gajewski, Justin Gannon, Chelsea Smith, Chelsea Smith, Tara Stella GREENSPUN MEDIA GROUP SALES ASSISTANT Steph Poli
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PRODUCTION VICE PRESIDENT OF MANUFACTURING Maria Blondeaux ASSISTANT PRODUCTION DIRECTOR Paul Huntsberry PRODUCTION MANAGER Blue Uyeda PRODUCTION ARTIST Marissa Maheras, Dara Ricci ART DIRECTOR Sean Rademacher GRAPHIC DESIGNERS Michele Hamrick, Dany Haniff TRAFFIC SUPERVISOR Estee Wright TRAFFIC COORDINATORS Kim Smith, Meagan Hodson
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CEO, PUBLISHER & EDITOR Brian Greenspun CHIEF OPERATING OFFICER Robert Cauthorn EXECUTIVE EDITOR Tom Gorman MANAGING EDITOR Ric Anderson CREATIVE DIRECTOR Erik Stein
VINTAGE VEGAS: BOXING LEGEND JOE LOUIS DUBBED ‘GREATEST CHAMPION OF ALL TIME’ Boxing Hall of Famer Joe “the Brown Bomber” Louis became the world heavyweight champion in 1937 and defended his title 25 times before retiring in 1951. After his boxing career, he moved to Las Vegas and worked as a hotel greeter at Caesars Palace until 1977, when he fell ill with heart problems and had to use a wheelchair. Pictured in this Nov. 9, 1978, photograph,
former Nevada Gov. Mike O’Callaghan presents Louis with a plaque during a dinner honoring the former boxing champion. Also pictured, from left, are Army Secretary Martin Hoffmann, Caesars Palace executive Harry Wald, boxing promoter Don King, heavyweight boxer Max Schmeling and Los Angeles Mayor Tom Bradley.
— REBECCA CLIFFORD-CRUZ
VOLUME 3, ISSUE 14 Vegas Inc (USPS publication no. 15540), 2275 Corporate Circle, Suite 300, Henderson, NV 89074 is published every Sunday except the first Sunday of the year by Greenspun Media Group. Periodicals Postage Paid at Henderson, NV and at additional mailing offices. POSTMASTER: SEND ADDRESS CHANGES TO: Vegas Inc 2275 Corporate Circle Suite 300 Henderson, NV 89074 702.990.2545 For inquiries, write to: Vegas Inc 2275 Corporate Circle, Suite 300 Henderson, NV 89074 For back copies: Doris Hollifield at 702.990.8993 or e-mail at doris.hollifield@gmgvegas.com For subscriptions and customer service: Call 818-487-4538, or visit vegasinc.com. For annual subscriptions, $50. For single copies, $3.99.
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the notes: special focus on construction
april 10-April 16
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Larry Staples, president of IN2IT Architecture, joined the National Board of the Academy of Architecture for Health. Staples will oversee committees on major regional, national and international initiatives focused on health care planning, design and construction. In addition, staples he will develop partnerships with national institutions such as the American Society for Healthcare Engineering. Patti Meeker is a Certified Construction Industry Financial Professional. The designation, given by the Institute of Certified Construction Industry Financial Professionals, is the only construction financial management certification accredited by the American National Standards Institute.
meeker
DC Building Group President Bryce Clutts is president of the Nevada Contractors Association. Frank Martin, who co-founded Martin-Harris Construction in 1976, is on the board of directors of the Las Vegas Global Economic Alliance. Craig Russie is a quality assurance/quality control superintendent at Penta Building Group. Jason Norgan, Eunice Diestro, martin Hans Huisman, Cassy Hudec and Vanessa Montaño are project engineers. Braxton Mouser is senior project engineer, and Michael Charlson is a superintendent. Russie previously was a superintendent at Heinaman Contract Glazing. Norgan worked in sales, design and project management at Terrascapes. Diestro was a project engineer at Ledcor Construction – Las Vegas, SR Construction and Jaynes Corp. of Las Vegas. Huisman was a construction analyst intern at Southwest Gas. Hudec and Montaño were interns at Penta. Mouser was a project engineer at Penta, and Charlson was a senior superintendent at Sundt Construction. Katie Mulryan is senior project manager at Grand Canyon Development Partners. She mulryan previously served as project manager. Barbara Williamson is a project coordinator. Williamson previously worked at Gemstone Development, Draeger Construction and CMA Consulting. April Chapman is a project manager. Chapman previously worked as a project manager at Ernst and Young.
chapman
City Sunstone Properties completed the first phase of an $8 million renovation at Galleria Marketplace, a retail center at 1540 Sunset Drive, Henderson. Bentar Construction is doing the work. Anthony Young of Avaruus Studios is the project architect. (Courtesy) Araceli Gomez is a project manager and designer at LGA. Her first project is at the Opgomez kirk portunity Village Oakey Campus. Lance Kirk, an architect at LGA, was awarded the Young Architect Award by the Las Vegas chapter of the American Institute of Architects. Sabrina Lee is a project engineer at DC Building Group. Burke Construction Group is expanding warehouse space for the Frito Lay Las Vegas Distribution Center on behalf of Con-Real, LP. The space will be about 30,000 square feet lee and will be built adjacent to an active warehouse. When complete, the buildings will function as one common warehouse space. The project was designed by William E. Franz and is managed by group project manager Patrick Schueppert. In addition, Thad Lawrence is director of preconstruction services at Burke, and Jim Colegrove is division manager of special projects and tenant improvements. Chris Langham is a senior landscape architect at EPG. Bob Mertel of Henderson earned a spot on Anthony & Sylvan Pools’ Top 10, ranked by 2015 sales. Atkins, a design, engineering and project management firm, is managing design and engineering services for the Nevada Department of Transportation’s Project Neon.
williamson
Flip For Me Gymnastics is building a training and practice facility. The 20,000-square-foot gym will be at Shelbourne Avenue and Duneville Street in Las Vegas. Work is scheduled to be finished this year.
Sara Griesche is an assistant designer at Colours, Inc. She has more than five years of experience in the interior design industry and previously worked at Heavenly Unique and Casa Posh.
Seven Hills Hospital expanded its inpatient capacity by 40 beds and is building a new outpatient services center to provide psychiatric and chemical dependency services.
Andrew Lynam, a WIN Home Inspection franchisee, was awarded a Diamond Award for number of inspections completed (1,098) in 2015. He also was acknowledged with a 10-year award.
The Wolff Co. and 901 Fremont LLC, an affiliate of the Downtown Project, are building a mixed-use, multifamily project on 1.3 acres downtown. The five-story, podium-style building will include 231
units and 15,000 square feet of retail space along Fremont Street. CAI Investments signed a deal for an $18 million Starwood Hotels-branded development at Speedway Boulevard south of Interstate 15, Las Vegas. Construction is expected to start in July and last for a year to 14 months. Skye Canyon, a 1,700-acre master-planned community in Northwest Las Vegas, is open. The project was developed by Olympia Cos. Its centerpiece is the 15-acre Skye Canyon Park, which features a basketball court, a sports field, multiple tot lots, splash and play parks, multipurpose trails and a community and fitness center. DC Building Group is the general contractor for a new Southern Hills Baptist Church campus at 6425 W. Pebble Road, Las Vegas. The project is expected to be completed in October. Phase one includes site development and a 14,855-squarefoot building with a 600-seat auditorium, a lobby, a lounge and meeting rooms. The project was designed by JVC Architects. Burke Construction Group completed construction on St. Anthony of Padua Parish Hall at Fort Apache Road and Centennial Parkway in Las Vegas. The 16,274-square-foot building, designed by LG Architects, is the new spiritual home for the St. Anthony of Padua congregation. It features an arched sanctuary with seating for nearly 1,000 people, two conference rooms, eight meeting rooms, parish offices, a reception area, a plaza and a patio area. Southern Hills Hospital broke ground on a hospital-based emergency room, ER at the Lakes, at Desert Inn and Fort Apache roads in Las Vegas. The 10,000-square-foot facility will include 12 patient rooms and will be staffed by board-certified ER physicians and nurses. ER at the Lakes will accept ambulance services and walk-in patients, and will be equipped to provide emergent and urgent care, in addition to ancillary services. The facility will include a lab and blood bank, a pharmacy and radiology services, including CT scan, X-ray and ultrasound. The provider-based ER also will provide pediatric services, with a separate entrance for young patients. HealthCare Partners broke ground on a medical office building in Pahrump. The 58,000-square-foot facility will include eight pods with 72 exam rooms, a 1,000-square-foot pharmacy, a 2,000-squarefoot Humana Guidance Center and an urgent-care center.
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the interview: special focus on construction
april 10-april 16
Send your business-related information to news@vegasinc.com
Q&A with brian fike
‘It’s a good time to sell,’ but for buyers, value ‘is still out there if you turn over all the rocks’ Brian Fike is vice president of investment sales at Colliers International, a global commercial and residential real estate services firm. In October, he shifted his focus from the vacant land market to investment sales, which he calls the “true essence of commercial real estate.” What is the best business advice you’ve received? Work half-days: 7 a.m. to 7 p.m. Also, consistency and persistency. Randy Black told me that when I started in the business in 1986. Where do you see the valley’s commercial real estate industry headed in 2016? Las Vegas always will be a safe bet for investment real estate. I think interest rates are pinned down right now, and we will see them tick up this year. Buyers with disciplined investment criteria will do well; speculators, on the other hand, will have a tougher way to go, unless they really buy at a great value. What’s your best advice for buyers? Shop value; it’s still out there if you turn over all the rocks. What’s your best advice for sellers? Don’t hold out for the last dollar. The run-up of values in the early millennium contaminated sellers’ opinion of value for their assets. If they didn’t sell at that time, they still refer to the “I coulda, shoulda” phraseology of a time that was and isn’t coming back anytime soon, especially Brian Fike’s advice to people who want to sell land or commercial property: in the land market. Simply put, they “Don’t hold out for the last dollar.” (l.e. baskow/staff) missed the boat, and their property other industries and international minutes. Now, it can take up to an isn’t worth what it was 10 years ago. businesses that now make Las Vegas hour. The town was comprised of inCap rates have been suppressed home. dividuals and families who had come for a bit now and are, in my opinion, here for the opportunity that the wanting to make a move upward. As If you could change one post-war boom had promised, with interest rates move up, so will cap thing about Southern Nevada, an added ingredient of intrigue: gamrates. If you own investment real eswhat would it be? ing. A man’s handshake was his word. tate, the climate is still good to capBetter forward planning. I feel the Fast-forward to now, Las Vegas is ture a sale at a lower cap rate, thus city and county are doing better, but an international city that has gone equating to a higher value. infrastructure development seems through a tremendous amount of The good news is the Las Vegas to be an afterthought and is considgrowth in a very short period of time. market still is loaded with a ton of ered only once we have reached a criCan you say growing pains? There exinvestors who want a piece of the pie. sis. This is especially evident in our ists a much more diverse cross section roads and highways. Traffic is at an of players in the real estate indusYou’ve lived in Las Vegas all-time high, and everywhere you try from all over the world. Gaming for 57 years. How has look you see cones, cones, cones. once stood as the primary economic the city changed? It would be nice to see a highly efstalwart and obviously remains a top When I was a kid growing up here, ficient public transportation system contender; however, there are many you could drive across town in 15
developed that locals would embrace and use, as opposed to driving everywhere. There are so many cars here, and unless an alternative is offered to get to and fro, it will only get worse. What are you reading? “The Way of the SEAL,” by former U.S. Navy SEAL Mark Divine. What do you do after work? Usually, I go home and hang out with my wife, Kelli, and my 9-yearold little girl, Gabbi. You know, homework and stuff. Describe your management style. I used to micromanage and want to do everything myself. There were a few contributing factors to that: One was insecurity, and the other was not trusting in others’ ability. Today, I’m more apt to delegate and leverage my resources to maximize time. I work at a much more productive and efficient mode when practicing the latter. What is your dream job, outside of your current field? Playing the guitar and performing in a fine dining establishment at a beautiful ski resort. Ski all day and play music all night. Whom do you admire and why? My mother and father. To observe them go through the financial wipeout my father endured, then pick up the pieces, re-engineer their lives and be willing to live within their means, and most importantly be happy, is absolutely admirable. They basically have lived two lives in one lifetime. They’re both tremendously impressive, and I applaud them for who they are and what they continue to be. What is your biggest pet peeve? People and their hand-held devices, especially if they’ve invited you to lunch or dinner and are on it as opposed to being present with you. It’s possibly one of the most self-centered, rude acts a person can do in the presence of company.
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get to know a local business
april 10-April 16
Send your business-related information to news@vegasinc.com
by the numbers
65 percent
Share of teens, surveyed by Junior Achievement USA and the Voya Foundation, who believe borrowers should be responsible for paying off their student loans. A total of 11 percent said the government should pay off the loans.
400
Future jobs lost in North Carolina after PayPal canceled its plans to open a global operations center in Charlotte. PayPal axed the project in response to passage of a North Carolina law that prevents cities from creating nondiscrimination policies based on gender identity.
325,000
People who, through April 7, paid a $1,000 deposit for Tesla Motors’ new lower-priced electric car. Model 3, scheduled for sale in late 2017, will start at $35,000 and can travel 215 miles per charge.
100
Workers expected to be hired for a Sprouts Farmers Market scheduled to open June 29 at 7530 W. Lake Mead Blvd., Las Vegas.
$160B
Value of a merger that crumbled between Pfizer and Allergan, a Botox maker based in Ireland. The massive deal, which would have been the secondbiggest takeover of all time, was foiled by new treasury rules aimed at clamping down on companies that try to reduce their tax bill by merging with foreign firms.
63
Times U.S. law enforcement officials have asked Google and Apple to help unlock data on phones, according to the American Civil Liberties Union. Google was asked for help nine times; Apple, 54 times.
$1.6B
Amount Ford Motor Co. plans to invest to build more small cars in Mexico, starting in 2018.
Jay Owens and Marya Francis own Retrospecs & Co., a vintage eyewear company with stores in Los Angeles, San Francisco and at the Cosmopolitan of Las Vegas. (Christopher DeVargas/staff)
Their vision: Making historic eyewear fashion-forward for modern customers Describe your business.
We restore, register and customize eyewear dating from 1890 to 1980. We also manufacture a bespoke contemporary collection called Cuthbert & Chen made from materials such as titanium and buffalo horn. Who are your customers?
Eyewear connoisseurs, professionals, hipsters and the fashion set.
RetroSpecs & Co. Address: 3708 Las Vegas Blvd. South, Las Vegas Phone: 415-436-9655 Email: lasvegas@retrospecs.com Website: retrospecs.com Hours of operation: 10 a.m.11 p.m. daily Owned/operated by: Jay Owens and Marya Francis In business since: 1992
What is your business philosophy?
Provide great service, find our clients the perfect fit and offer a one-of-a-kind, fashionable product. These elements are what we believe build lifetime customers. What is the hardest part about doing business in Las Vegas?
Las Vegas is a shopper’s paradise, but the transactional experience is generally just that — transactional. The essence of our business, especially when the client is interested in our more historic pieces, is very detailed, as our mission is to take the time to find our clients the perfect piece and fit for their desired look. Tell us about your latest collection.
Our historic pieces were manufactured from gold-filled and cellulose acetate and are some of the most exclusive eyeglasses and sunglasses in the world. Marya and I wanted to use our knowledge of historic eyewear’s custom fit and feel to create a collection made from the contemporary world’s finest materials but at a more affordable price point than our historic frames. Cuthbert is my dad’s first
name, and Chen is Marya’s mother’s maiden name. The collaboration is a marriage of craft and style. You’ve been in business for more than two decades. To what do you owe your company’s longevity?
We have nurtured exclusive dealerships in every major city in the world that not only sell our collections but service our historic collections, as well. Our glasses are not disposable fashion pieces but lifetime frames. At the end of the day, it is more about the service and less about the sale. Customers always will return to places where they experienced great service. Which pair of your glasses has the most interesting story?
There are many pieces, including JFK’s sunglasses, MacArthur’s WWII Ray-Bans or Bruce Lee’s ’70s shades, but the most iconic are the fashion brand frames from the 1970s by Dior and Diane Von Furstenberg, and the 1960s American Optical jet-age pilot frame, which were manufactured for the U.S. military out of premium 12K goldfilled wire. These early-brand frames changed eyewear forever, and the pilot frame is the only to be worn on the moon as well as featured in the Smithsonian. What is the best part about doing business in Las Vegas?
Las Vegas is a city that never rests. People are curious and open to discovery experiences. From a retail perspective, they aren’t afraid to try something on just to see how it looks.
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On Daniel Rothberg’s lasvegassun.com story “Bankrupt Las Vegas solar installer loses license to contract”: Where are the government bailouts for the people getting screwed? — LasVegasChris40 On the lasvegassun.com story “Smoking banned at largest Las Vegas sports book”: Smoking is oldschool. In this day and age, people are aware of what smoking does to people. — flowerpower02 This will last until revenue decreases. — LVRealityCheck On J.D. Morris’ lasvegassun.com story “Parking will cost $10 or more at some spots near new arena”: Pretty much every pro arena in the nation charges for parking. — MKUltronic79 Whatever happened to ‘we love locals?’ If the hotels don’t care, locals won’t support them. — Janmara1 On J.D. Morris’ vegasinc.com story “Riviera too big to implode all at once, official says”: I hope that at least some of that gorgeous neon facade will be saved and eventually displayed somewhere. That stuff is both classic and stunning. — burnemandturnem
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Revisiting construction defect-law, a year later
N
guest column: to revise forms and should consult with evada’s homebuilding robert mcpeak counsel to ensure that all indemnification industry, long plagued by provisions comply with current statutes. sometimes-spurious litigation In addition, AB 125 includes new proviunder construction-defect sions addressing wrap-up policies for resilaws, commonly known as “Chapter 40,” dential projects. Now, contract documents must disclose found relief Feb. 24, 2015, in the form of Assembly Bill 125. the basic elements of the policy and, among other things, Primarily, AB 125 narrows the definition of “constructhe total amount or method of calculation of any credit or tional defect” to any defect that causes physical damage to compensation for the subcontractor’s share of the premium the property or presents an “unreasonable risk of injury to and the basis for a deductible payment. a person or property,” eliminates the mandatory award of Further, AB 125 limits a self-insured retention or deductattorneys’ fees as a component of statutory damages, sets ible payable by a subcontractor under a wrap-up policy to an the statute of repose for construction-defect claims at six amount that must not exceed the self-insured retention or years, precludes the ability of a homeowners association to deductible that the subcontractor would have been required bring claims relating to individual homes and heightens the to pay under a traditional commercial general liability specificity required in a defect notice. policy. Many homebuilders using wrap-ups already deliver While many of these changes govern litigation practice much of the required information; however, the applicable once a defect notice has been issued, certain provisions call declarations, manuals and disclosures should be reviewed for homebuilders to update their form agreements. for compliance with AB 125. Under prior law, it was common for homebuilders to While homebuilders routinely include broad indemnity require a subcontractor to indemnify, defend and hold provisions in their contracts to shift costs and liabilities to harmless the builder for all claims, including claims caused other parties, AB 125 and the decisions of the Nevada Suby the builder’s negligence. preme Court have significantly diminished the protections Although certain indemnification obligations now unthose indemnity provisions were intended to provide. To enforceable under AB 125 still may linger in new contracts, avoid surprises, thoughtful contract preparation is critical. most subcontractors want to see their indemnification Robert McPeak is a partner at McDonald Carano Wilson obligations revised to comport with AB 125. To preserve a and practices primarily in the areas of real estate and consubcontractor’s obligation to indemnify the builder with restruction law. spect to non-construction defect claims, a builder will need
Smith’s world
Mike Smith is an award-winning editorial cartoonist who also draws for the Las Vegas Sun. His work is distributed nationally by King Features Syndicate. See archives of his work at lasvegassun.com/smithsworld.
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Park Highlands would be impressive comeback tale By eli segall Staff Writer
Developer Gregg Wolin has been in the real estate business for 25 years, but few projects have tested his humanity and ethical fiber as much as Park Highlands in North Las Vegas, he said. The sprawling development, long seen as an economic boon to the city, has gone bankrupt twice and there are still no homes. After the economy tanked, the land was chopped up among numerous buyers, all of whom had veto powers over project plans. Park Highlands has been in the works for almost a decade and was estimated to cost more than $3 billion. But delays piled up because of the recession and the rotating cast of investors pursuing different agendas, according to people involved in the project. It’s been so convoluted that Wolin wants to write a book about it and figures it’d make a great film. “I may make more money on the Park Highlands has gone bankrupt twice before a single house has been built. movie rights than actually developing The owners have split the project in half, with one group resuming work on its the property,” Wolin said. portion. (L.E. Baskow/staff) Today, Park Highlands is split between two groups pursuing separate “It’s like with anything. You can’t really get to deciprojects — the roughly 2,000-acre sions when there’s too many cooks in the kitchen.” Villages at Tule Springs, by Wolin’s — Gina Gavan, director of economic group, and the roughly 600-acre Park and business development for North Las Vegas Highlands West, owned by a cluster of investors. And this year, landowners said, Aliante resort, has been slower to get has its up and downs. Sales rose fast construction could be underway at back on its feet. from the depths of the downturn for both, part of a broader effort to revive “It’s like with anything,” said Gina a few years, fell hard in 2014, but now sprawling residential developments Gavan, director of economic and are rising again. in Southern Nevada that fizzled durbusiness development for North Las Las Vegas’ homebuilding market is ing the downturn. Vegas. “You can’t really get to decidominated by large, publicly traded Wolin, co-founder of Crescent Bay sions when there’s too many cooks in companies such as Lennar Corp. and Holdings in Scottsdale, Ariz., has said the kitchen.” KB Home. Builders buy land in masthere’s “no reason we can’t have dirt ter-planned communities to develop flying” in the first half of 2016 at the nnn subdivisions, and whenever there’s Villages. During the boom years, investors an uptick in demand for new homes, At Park Highlands West, where shelled out hundreds of millions of there’s plenty of money out there “to construction crews installed utilities, dollars at government auctions for take advantage of it,” Wolin said. graded roads and did other work beland around the valley, with plans Park Highlands isn’t the only comfore everything flopped, homebuildfor massive projects. Developer John munity to rise from the dead. Other ing could start this year, said Joe Ritter’s Focus Property Group, for minicities that got derailed during the Aguirre, spokesman for Irvine, Calif.instance, led a group that paid $510 recession but now are back in busibased SunCal, the largest landowner million in February 2005 for roughly ness include 2,200-acre Cadence in there. 1,700 acres in northwest Las Vegas. Henderson, 1,700-acre Skye Canyon “We are all very much looking forRitter outbid Olympia Cos. founder in northwest Las Vegas, and 1,900ward to the day when we will break Garry Goett for the property, but in acre Inspirada in Henderson. Also, an ground on this new community,” AguNovember 2005, Goett outbid Ritter hour’s drive north of Las Vegas, develirre said. for Park Highlands, leading a group opers of Coyote Springs — which has They won’t be finished anytime that paid $639 million. been planned for at least 15 years but soon. Building the Villages, for inDuring the bidding, the price reis vacant except for an 18-hole golf stance, could take up to 15 years, “deportedly swelled by tens of millions of course — are looking to revive the pending on how the market recovers,” dollars each second. long-stalled, 43,000-acre project. Wolin said. Las Vegas was one of the fastestBut unlike other big projects in Southern Nevada’s once-roaring growing metro areas in the country the valley that stumbled, Park Highhomebuilding industry was all but last decade, fueled in no small part by lands, straddling the 215 Beltway near wiped out by the recession and still
North Las Vegas, which saw its population soar 65 percent from 2000 to 2005, to about 190,000. The real estate market was white-hot, and Park Highlands’ potential seemed limitless. North Las Vegas officials wanted it to have a more affluent bent than the neighboring Aliante community, and the project was led by Goett, who developed the Southern Highlands community in the south valley and had a great track record, said lobbyist Bob Gronauer, who’s been involved with Park Highlands since the beginning. “Everything was very positive,” he said. There was “always the possibility, however remote, that the raw land will not be developed into finished lots,” analysts with bond-ratings firm Moody’s Investors Service said in a report in early 2006. But, they added, it seemed that “each additional casino or hotel that is built ... tends to support a growing housing market.” Moreover, Goett’s group paid a discount compared with previous federal auctions, which should help “provide a bit of added cushion in case the housing market in Las Vegas were to weaken unexpectedly,” the analysts wrote. When the bubble burst, Southern Nevada was one of the hardest-hit areas of the country, and few cities locally were pummeled as hard as North Las Vegas, which declared a fiscal municipal emergency. By early 2012, 31 percent of U.S. homeowners with mortgages were underwater, meaning their debt outweighed their home value. In North Las Vegas, roughly 81 percent were underwater, according to Zillow. By early this year, about 31 percent of North Las Vegas homes were upside-down, double the national average. nnn Plans call for the Villages to have at least 8,600 homes, Gavan said. That would include higher-end, semicustom or custom homes, and the project site is near its new namesake, the Tule Springs Fossil Beds National Monument. It’s also the city’s largest residential project in the pipeline, Gavan said. In 2014, when developers were proposing to split Park Highlands, Mayor John Lee said they were “showing America ... that we’re open for business again.”
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It was like a partnership with no operating agreement, or a company with no bylaws — just “a bunch of shareholders with no management,” Wolin said. Last year, however, the investors received City Council approval to split the project into two parts. Crescent Bay controls 90 percent of the Villages at Tule Springs, but Park Highlands West is more fractured. SunCal owns about 200 of the 600
acres, and four other groups control the rest, SunCal’s Aguirre said. During the recession, Crescent Bay wanted to buy property here when others were shying away, and even though North Las Vegas was viewed as being in terrible shape, it didn’t mean the city would never recover, Crescent Bay co-founder Geoff Beer said. “That was our belief when we bought the land,” he said.
Wolin, for one, isn’t convinced that their heavily discounted deal was as much of a steal as he initially thought. “It will be an OK deal in the end,” he said. The project has moved slowly, but it’s alive, and the Villages has a new development agreement with the city, a key, early step for any major project. “Getting to where we are today,” Gronauer said, “is just a miracle.”
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Park Highlands’ previous plans called for 15,750 homes, as well as schools, fire and police stations, a library and 130 acres of parks and trails. Construction began in 2007, but when the market tanked, so did master-planned communities. Ritter, for instance, lost his 1,700acre site to foreclosure in 2008 without having built a thing. Goett, backed by New York investment firms, later acquired the property from lenders and now is developing it as Skye Canyon. Local officials didn’t give up hope for Park Highlands. “North Las Vegas is transitioning from a blue-collar, high-crime perception to more of a fast-paced professional-quality-development type of community,” then-City Manager Gregory Rose said in 2008. “I believe Park Highlands helps this transition as a community.” Goett, however, filed bankruptcy protection for the project in 2009. Hillwood Communities in Dallas later acquired the project’s holding company, and then in 2011, Park Highlands went bankrupt again. The real estate industry was on life support, and property in Park Highlands sold for next to nothing. Original investors lost “hundreds of millions of dollars,” said former North Las Vegas Mayor Mike Montandon, who acquired some 70 acres in Park Highlands a few years ago with a partner. “It went down pretty hard on them,” said Montandon, a real estate industry veteran. Wolin’s Crescent Bay, backed by Newport Beach, Calif., investment firm KBS, bought 1,375 acres — half the site — at a bankruptcy auction for $21 million, in what lobbyist Gronauer said was a daylong bidding war with Hillwood. That company is part of a lengthy list of landowners that have come and gone or still hold stakes. They include Las Vegas homebuilder Larry Canarelli, founder of American West Homes; New York investment firm Angelo, Gordon & Co.; Irvine, Calif.-based builder Standard Pacific Homes; Goett’s Olympia; SunCal; Montandon and former business partner Jim Zeiter, whose property has since been carved out of the project borders; and Texas-based homebuilder D.R. Horton. Asked whether it’s tough keeping track of everyone, Gronauer laughed. “Yeah, it is,” he said. By nature, the project wasn’t going to be easy — the site is sliced into chunks by the Beltway, existing neighborhoods and separately owned land. And despite the large group of investors, no one was appointed after the bankruptcies to oversee everything, and anyone could block plans for the project.
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Unions certified to represent workers at Trump International By j.d. morris Staff Writer
A federal labor official has certified the Culinary and Bartenders unions as the legal collective bargaining representatives at the Trump International Hotel in Las Vegas, per a recent decision that the hotel was expected to challenge. The Culinary revealed in a statement that a regional director of the National Labor Relations Board rejected objections from the hotel to a December election in which a majority of eligible hotel employees voted for union representation. In the decision dated March 21, the regional director affirmed previous rulings from a hearing officer, which the decision said were “free from prejudicial error.” “I have considered the evidence and the arguments presented by the parties and … I agree with the hearing officer that all of the employer’s objections should be overruled,” Regional Director Cornele Overstreet
wrote in the decision. Culinary Workers Local 226 and Bartenders Local 165, both affiliates of the national Unite Here union, have been trying to organize workers at the off-Strip Trump hotel since 2014. Their efforts panned out in a twoday election in early December, when 238 voters cast ballots in favor of union representation and 209 cast ballots against it, according to the regional director’s decision. In total, 523 voters were eligible. But the Trump International has pushed back on the results of the election, arguing that it wasn’t a fair process. For example, Jill Martin, assistant general counsel for the Trump Organization, said in an emailed statement after the hearing officer’s decision that it had “erroneously disregarded the severe misconduct undertaken by union agents, which clearly impacted an incredibly close organization.” Martin said the Trump Organization
would continue its efforts to “ensure a fair election for our valued associates, many of whom vigorously oppose union representation.” The Culinary said the hotel had indicated it would ask the labor board in Washington, D.C., to review Overstreet’s decision. Overstreet’s 10-page decision details a list of objections from Trump Ruffin Commercial LLC, the entity identified as the employer in the case, and agrees with the hearing officer’s previous recommendations to overrule them. Treasure Island owner Phil Ruffin and Republican presidential candidate Donald Trump are coowners of the Trump International. Among the many objections overruled by Overstreet were claims of “objectionable misconduct” from a union election observer and electioneering from committee leaders and union supporters, according to the decision. Jeffrey Wise, a food server at the Trump International, said in the Culi-
nary’s statement that those who voted for union representation wanted to negotiate a fair contract with Trump. “We voted and won. Now, it’s time for him to listen to us, the voters, and finally do the right thing by making a deal with his employees,” Wise said in the statement. Similarly, Geoconda ArguelloKline, the Culinary’s secretary-treasurer, repeated the union’s call for Trump to “make America great again” by “start(ing) right here in Las Vegas at his hotel.” Separately, the Trump International also faces a hearing over a complaint that alleges the hotel promised job opportunities to workers who ditched their union support, among other claims. Martin has called the allegations in that complaint “completely without merit.” The hearing on that matter was supposed to be held April 12, but counsel for the labor board’s general counsel has filed a motion to postpone it until May or June.
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Commercial construction in ‘a regrowth mode’ talk about where his company and the construction industry have been, where they are going and what it means for the Las Vegas Valley.
Pirch, a home products retailer that is rated America’s 25th-most promising company; and Mandarin Oriental at CityCenter.
How did your company get its start? Burke Construction Group began in 1984 when my brother, Tim Burke, left the local office of Sletten Construction to start the company. We originally focused on the private and federal sectors, with early projects at the Nevada Test Site and Nellis Air Force Base. With very little capital, we were fortunate to have clients who believed in us and helped us through those formative years.
Describe a couple of those projects. Pirch enlisted the services of Burke Construction Group to build headquarters, distribution centers and several retail locations across the United States. Each project ranged from 25,000 to 52,000 square feet. The retail locations feature 18 kitchen vignettes, a live demonstration kitchen for guest chef appearances, a back-of-house support kitchen that produces nearly 1,000 meals daily and a fully active outdoor kitchen featuring a pizza oven, grill tops, beer refrigeration and more. Pirch corporate headquarters, the largest project, includes a full-service kitchen for employees, along with the customary Bliss Café. Built on 53 acres, the 300,000-square-foot, seven-building Cashman industrial complex received multiple 2009 NAIOP Spotlight Awards. All required infrastructure was completed, as well as roads and parking areas on the site. The campus houses the company headquarters, administrative offices, equipment rental, equipment repair, training facilities, sales operations and warehousing. It was built using proven LEED strategies and cuttingedge construction techniques, and remains the largest office/industrial gold-certified project in Nevada.
Mandarin Oriental was one of the largest LEED gold-certified construction
To what do you attribute your projects in state history and one of Burke Construction Group CEO Kevin Burke’s company’s growth? most memorable jobs. (christopher devargas/staff file) Being on the front end of growth inWhat are your predictions in various parts of the country, and dustries. We tend to be able to sense for the industry in 2016? How we always return to the reality that the growth markets and get there about over the next five to 10 we have a highly skilled and flexible before everyone else does. We have years? workforce with an amazing “can-do” positioned ourselves to meet the deTechnology continues to drive our attitude in Nevada. We simply love mands of a geographically diverse industry by way of software, “lean building in Las Vegas. marketplace. construction” (a method to design production systems to minimize waste Where does the industry How would you describe of materials, time and effort in order need to go next? the state of construction to generate the maximum possible The construction boom that we exin Las Vegas today? amount of value) and materials techperienced for many years was driven Albeit volatile, the commercial nologies (glass, battery, renewable enin large part by steady population construction market is in a regrowth ergy). It will be amazing to be a part of growth. We need positive, sustained mode. As noted in the most recent the industry over the next 10 years, to population growth to fuel the conCenter for Business and Economic see the rapid pace of innovation. struction markets going forward. Research indexes for Southern NeHeadwinds for our industry will vada, both employment and commercontinue to be the skilled-labor Which construction cial permits are trending upward, shortage. A significant portion of emsectors are booming? both month-over-month and yearployees who left the industry during I would not say that any one sector over-year. the recession never returned, and is booming at this point. Moreover, That said, commercial permit accompanies still are struggling to find we have seen steady regrowth in sevtivity, while increasing, still is relaworkers at all levels to properly staff eral core markets. My sense is that tively low and unpredictable. Quite a their teams. we may never see our market “boom” bit of downward pressure still exists again as it has in the past, but I would on project profit margin for subconWhat are some current trends take steady year-over-year growth tractors and general contractors. you’re seeing in construction? over a boom market. Prefab/offsite construction methHow far has the construction ods will become more popular. BuildWhich sectors are hurting, sector come since the recesing information modeling will beif any? sion? come a necessity on projects. Green Many of Southern Nevada’s core A very long way, as construction in building will continue to grow across construction markets — office, inNevada was in a depression and was all markets. dustrial, retail, multifamily, medical, the hardest-hit industry in the state. gaming/hospitality — have seen posiConstruction employment in NeWhich projects have tive trends. The senior care/housing vada plummeted for almost six conmade you most proud? market still is lagging due in part to secutive years, bottoming out in 2012 When I think of our projects, what seniors’ equity being trapped in their with the loss of more than 90,000 I really think of are the clients whom homes and therefore their inability jobs, or a 60 percent decline. we have been so fortunate to build to be relocated to senior communifor, including Cashman Equipment ties, combined with a lack of populaWhat’s unique about the conin Henderson; Las Ventanas, a contion growth, particularly in the sestruction industry here? tinuing-care retirement community; nior demographic. Burke Construction Group builds
What have been the biggest challenges you’ve faced? Leading our company through the economic downturn and then back out to regrowth. Much should be attributed to our staff’s mentality and tenacity in that, as we saw the local market go into a depression-like state, we took a “burn the ships” mentality. There was only one direction we could take, and that was forward. Forward, as we defined it, was continued geographic diversification and market diversification aided in part by the shale oil-and-gas boom in North Dakota and by an emerging market in experiential retail. What’s on the horizon? For us, it is all about regrowth in our core and new markets.
2016 BOOK OF BUSINESS LISTS EXOTICS RACING 3.31.16 Photog: Wade Vandervort
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Calendar of events Monday, April 11
Wednesday, April 13
Friday, April 15
Swing for Success Golf Tournament Time: 7:30 a.m.-1:30 p.m. Cost: $250 per person, $950 for a team of four Location: Reflection Bay Golf Club, 75 Monte Lago Blvd., Henderson Information: Call 702-209-3967 Network with business and community leaders while playing golf. Proceeds from the tournament will support Nevada State College and the Henderson Chamber of Commerce.
Keystone Corp. annual meeting Time: Noon-1:30 p.m. Cost: $40 Location: Las Vegas Country Club, 3000 Joe W. Brown Drive, Las Vegas Information: Call 702-952-2456 Nevada Attorney General Adam Laxalt will be the featured speaker.
Latin Chamber of Commerce business and networking luncheon Time: 11 a.m.-1 p.m. Cost: $45 in advance for Latin chamber members, $50 in advance for nonmembers, $55 at the door Location: Nevada State College, Rogers Student Center, 1021 Paradise Hills Drive, Henderson Information: Call 702-385-7367 Celebrate Nevada State College’s commitment to Latino achievement.
Tuesday, April 12 Networking breakfast Time: 7-9 a.m. Cost: $28 for Henderson chamber members, $48 for nonmembers, additional $10 for walk-ins Location: Fiesta Henderson, Cancun Room, 777 W. Lake Mead Parkway, Henderson Information: Call 702-565-8951 Learn how the Henderson Chamber of Commerce is tackling state and local issues and discuss plans for 2016 candidate endorsements. “Been There, Done That” Time: 7-9 a.m. Cost: Free Location: The Office Squad, Big Conference Room, 7495 W. Azure Drive, Suite 110, Las Vegas Information: Call 702-649-3495 Learn from local business owners what has made them successful, what has contributed negatively to their business and what they have planned. Large Vision Business Network Mixer Time: 6-9 p.m. Cost: Free Location: Suncoast, Grand Ballroom, 9090 Alta Drive, Las Vegas Information: Call 702-639-6964 Dozens of businesses will showcase their products and services at the “April Showers of Business Growth” expo. Meet with companies looking for agents, consultants, distributors and sales representatives, and get answers to questions about start-up companies.
MBA programs information session Time: 5:30-6:30 p.m.* Cost: Free Location: UNLV, Building WRI-C 302, 4505 S. Maryland Parkway, Las Vegas Information: Visit unlv.edu/mba/infosessions Lisa Davis, associate director of the UNLV Lee Business School MBA program, will provide information about curriculum, entrance requirements and the application process. *Also: May 9
Thursday, April 14 “Nevada’s Community Colleges: A Path Forward” Time: 9 a.m.-12:30 p.m. Cost: Free Location: CSN Charleston Campus, Building I, Room 108, 6375 W. Charleston Blvd., Las Vegas Information: Call 702-895-0088 Contribute to a conversation about college governance structures and policies that can improve two-year college governance. The event will include lunch and small group discussions about legislative recommendations, finance, governance and workforce alignment. “The Sky’s the Limit” Time: 5:30 p.m. Cost: $250 Location: Aria, 3730 Las Vegas Blvd. South, Las Vegas Information: Email devstaff@dri.edu Join business, education and government leaders for the presentation of the Nevada Medal, the highest scientific honor in the state, to Mary “Missy” Cummings. Cummings is one of the United States’ first female fighter pilots and is a leading researcher on human interactions with unmanned aerial systems.
United Way of Southern Nevada’s Women’s Leadership Council luncheon and fashion show Time: 11:30 a.m.-1:30 p.m. Cost: $154 Location: Paris Las Vegas, Champagne Ballroom, 3655 Las Vegas Blvd. South, Las Vegas Information: Call 702-892-2368 Learn about the Women’s Leadership Council’s impact on the community and the female leaders committed to improving Southern Nevada.
Saturday, April 16 Medical marijuana symposium Time: 8 a.m.-3 p.m. Cost: $80 for Clark County Medical Society and Nevada State Medical Association members, $130 for nonmembers Location: Vegas PBS Technology Campus, 3050 E. Flamingo Road, Las Vegas Information: Call 702-739-9989 This symposium is designed for medical professionals, to increase their knowledge about medicinal uses of marijuana. Learn how products are tested and dispensed, with a focus on legal and regulatory issues. Business and marketing seminar Time: 9 a.m.-noon Cost: Free Location: Urban Chamber of Commerce, Business Development Center, 1951 Stella Lake St., Las Vegas Information: Call 702-229-6862 Learn about entrepreneurialism as it relates to trusts and estate planning.
Conventions
expected Show Location Dates attendance
National Cancer Registrars Association Annual Conference
Westgate
April 10-13
799
International Textiles and Sewing Products Expo
Rio
April 11-13
400
National Association of Broadcasters
Las Vegas Convention Center
April 18-21
103,000
Golf Digest Think Young Play Hard Invitational
Aria
April 21-24
250
Falmouth Institute Inc. Tribal Secretaries and Administrative Professionals Conference
Tropicana
April 23-30
300
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Records and Transactions Bankruptcies CHAPTER 7 Vista Exhibits Inc. 3220 E. Charleston Blvd. Las Vegas, NV 89104 Attorney: Michael M. Lin at linlawgroup@gmail.com Computer Systems Unlimited Inc. P.O. Box 751239 Las Vegas, NV 89136 Attorney: Mark W. Patterson at mpatterson@pattersonassociateslaw.com
Bid Opportunities WEDNESDAY, APRIL 13 3 p.m. Independent living services Clark County, 603994 Sherry Wimmer at sherryw@ clarkcountynv.gov
THURSDAY, APRIL 14 2:15 p.m. Desert Breeze Community Center: dehumidifier replacement and rehabilitation Clark County, 604022 Sandy Moody-Upton at scm@ clarkcountynv.gov 2:15 p.m. Sandy Valley Park: Ballfield restroom Clark County, 604043 Sandy Moody-Upton at scm@ clarkcountynv.gov
FRIDAY, APRIL 15 2:15 p.m. Rainbow Boulevard, Cactus Avenue to Blue Diamond Road Clark County, 603846 Tom Boldt at tboldt@clarkcountynv.gov 2:15 p.m. Traffic signal system modification at Decatur Boulevard and Hacienda Avenue Clark County, 604031 Tom Boldt at tboldt@clarkcountynv.gov 3 p.m. Prescription benefits manager services for Clark County’s SelfFunded Prescription Drug Plan Clark County, 604027 Chetan Champaneri at chetanc@ clarkcountynv.gov
Brokered transactions SALES $5,100,000 for 57,838 square feet, industrial Address: 2900 Patrick Lane, Las Vegas 89120 Seller: Dowsett Point
Seller agent: Joe Leavitt and Chris Lexis of Avison Young Buyer: Harsch Investment Properties Buyer agent: Did not disclose $2,750,000 for 21,003 square feet, retail Address: Southwest corner of Craig Road and Decatur Boulevard, Las Vegas 89032 Seller: Professional Properties of Las Vegas LLC Seller agent: Tina D. Taylor and Candace Carrell of Marcus & Millichap Buyer: Did not disclose Buyer agent: Did not disclose $425,000 for 8 units, multi-family residential Address: 3821 Royal Crest St., Las Vegas 89119 Seller: DII Properties LLC Seller agent: Marc Magliarditi of Logic Commercial Buyer: John Kapoglanis Buyer agent: Did not disclose $390,000 for 2.42 acres, land Address: North Lamb Boulevard, Las Vegas 89115 Seller: Lamb Boulevard and Las Vegas LLC Seller agent: Mark Anthony Rua of Realty Executives of Nevada Buyer: Lambeau LLC Buyer agent: Ben Millis and Chris Beets of Newmark Grubb Knight Frank
LEASES $251,150 for 2,628 square feet for 63 months, retail Address: 6525 S. Fort Apache Road, Suite 165, Las Vegas 89148 Landlord: Monterey Vista Village Shopping Center Landlord agent: Liz Clare, Jackie Young and Kris Watier of Avison Young Tenant: KPZ Investment Tenant agent: Jason Otter of Logic Commercial $178,648 for 1,438 square feet for 60 months, retail, NNN investment Address: 8180 Blue Diamond Road, Suite 120, Las Vegas 89178 Landlord: Sunstone Diamond LLC Landlord agent: Nelson Tressler and Michael Zobrist of Newmark Grubb Knight Frank Tenant: FoxRed57 LLC dba Carpe Diem Juice Co. Tenant agent: Did not disclose
BUSINESS LICENSES O’Bannon Plaza License type: Business space rent or lease Address: 2201 S. Rainbow Blvd., Las Vegas 89117 Owner: O’Bannon Plaza On the Spot Air License type: Contractor
Address: Did not disclose Owner: On the Spot Air One Stop 4 Flooring License type: Professional services Address: 2200 Civic Center Drive; 6150 W. Flamingo Road; 7300 W. Azure Drive, Suite 110, North Las Vegas 89030 Owner: One Stop 4 Flooring LLC Oxford Technology Inc. License type: Professional services Address: 131 W. Cleveland Ave.; 2217 Fairfield Ave.; 2301 Fairfield Ave., Las Vegas 89102 Owner: Oxford Technology Inc. Pamela Ruby Photography License type: Photography Address: 704 Summerland Drive, Henderson 89002 Owner: Pamela Ruby Patricia Frenzel License type: Business support Address: Did not disclose Owner: Patricia Frenzel Pedersen Travel Services LLC License type: Travel agency Address: 2685 Niddrie Ave., Henderson 89044 Owner: Pedersen Travel Services LLC Phenomenal Towing License type: Automobile towing Address: 2039 W. Bonanza Road, Las Vegas 89106 Owner: Phenomenal Towing Planet Auto LLC License type: Auto sales Address: 2246 Losee Road, North Las Vegas 89030 Owner: Planet Auto LLC Prestige Assisted Living at Mira Loma License type: Group care facility Address: 2520 Wigwam Parkway, Henderson 89074 Owner: Henderson Ventures Too LLC Productos Blanquita License type: General retail sales Address: 4530 E. Charleston Blvd., Suite B56, Las Vegas 89110 Owner: Productos Blanquita Providence Fuel Stop License type: Convenience store Address: 7161 N. Hualapai Way, Las Vegas 89166 Owner: Providence Fuel Stop Pupusas Mi Guanaquita License type: Mobile food vendor Address: 1401 E. Charleston Blvd., Las Vegas 89101 Owner: Pupusas Mi Guanaquita Purity Pool Plus LLC License type: Residential property maintenance Address: Did not disclose Owner: Purity Pool Plus LLC Purple Penguin
License type: Restaurant Address: 401 E. Horizon Ridge Parkway, Henderson 89002 Owner: Sugar Shack LLC Q Arts Academy License type: Instruction services Address: 3100 E. Charleston Blvd., Suite 111, Las Vegas 89101 Owner: Q Arts Academy QM Media Agency License type: Professional promoter Address: 3100 E. Charleston Blvd., Suite 111, Las Vegas 89101 Owner: QM Media Agency Quality Services License type: Maintenance services Address: 5246 Acacia Grove St., North Las Vegas 89031 Owner: Victor A. Garcia RAAC Manager W. Service License type: Recycle waste haulers Address: 845 N. Eastern Ave., Las Vegas 89101 Owner: RAAC Manager W. Service Real Massage License type: Independent massage therapist Address: 6530 Annie Oakley Drive, Las Vegas 89014 Owner: Real Massage Rebel License type: Convenience store Address: 3540 E. Lake Mead Blvd., North Las Vegas 89030 Owner: Nevada AK Inc. Reborn Bath Solutions License type: Contractor Address: 6625 S. Valley View Blvd., Suite 106, Las Vegas 89118 Owner: Reborn Cabinets Inc. Red Rock Documents Solutions License type: General services counter/office Address: Did not disclose Owner: Red Rock Documents Solutions Retro City Games LLC License type: Sales/services Address: 6100 Mountain Vista St., Suite 120, Henderson 89014 Owner: Retro City Games LLC Rock Bottom Foundation License type: Residential property maintenance Address: Did not disclose Owner: Rock Bottom Foundation Sandoval Automobile Accessories License type: General retail sales Address: 1560 N. Eastern Ave., Suite 3, Las Vegas 89101 Owner: Sandoval Automobile Accessories Santana Bakes License type: Bakery Address: 5913 Rose Creek Court, North Las Vegas 89031
Owner: Santana Bakes LLC Save-A-Lot License type: Convenience store Address: 4440 E. Charleston Blvd., Suite 150, Las Vegas 89110 Owner: Save-A-Lot Sean Shelby License type: Real estate sales Address: 5550 Painted Mirage Road, Suite 140, Las Vegas 89149 Owner: Sean Shelby Shaggy’s Shave Ice License type: Cafe Address: 439 Rock Quarry Way, Las Vegas 89032 Owner: Shaggy’s Shave Ice Shawnna Maxwell License type: Independent massage therapist Address: Did not disclose Owner: Shawnna Maxwell Shining Bright Cleaning Services License type: Residential property maintenance Address: 3209 Bublin Bay Ave., Las Vegas 89081 Owner: Shining Bright Cleaning Services Shopping Center Services & Maintenance License type: Contractor Address: 2912 Highland Drive, Suite E, Las Vegas 89109 Owner: Shopping Center Services & Maintenance Showbiz Weekly Inc. License type: Management or consulting service Address: 2275 Corporate Circle, Suite 300, Henderson 89074 Owner: Showbiz Weekly Inc. Silver State Events LLC License type: Management or consulting service Address: 2005 Yosemite Court, Las Vegas 89074 Owner: Silver State Events LLC Silver State Productions License type: General services counter/office Address: 117 N. Fourth St., Suite 1, Las Vegas 89101 Owner: Silver State Productions Simon Protection License type: Professional services Address: 2585 S. Bronco St., Las Vegas 89146 Owner: Simon Protection Smoke & Pro-Club License type: Sales/services Address: 3315 W. Craig Road, North Las Vegas 89030 Owner: Cindy Lim Sound Tech License type: General retail sales Address: 4530 E. Charleston Blvd.,
the data Send your business-related information to news@vegasinc.com
19
VEGAS INC
april 10-april 16
Records and Transactions Suite A1, Las Vegas 89110 Owner: Sound Tech
Suite 14K, Las Vegas 89119 Owner: Therapeutic Works LLC
South Philly Steaks & Fries License type: Restaurant Address: 5051 Stewart Ave., Suite 108, Las Vegas 89110 Owner: South Philly Steaks & Fries
Thistle DKI License type: Contractor Address: 2710 Highland Drive, Las Vegas 89109 Owner: Thistle Construction Inc
Specialized Products Inc. License type: General retail sales Address: Did not disclose Owner: Specialized Products Inc.
Tiffany Williams License type: Independent massage therapist Address: 3685 Lily Haven Ave., Las Vegas 89120 Owner: Tiffany Williams
Stained Splinters License type: General retail sales Address: Did not disclose Owner: Stained Splinters Stargaze Fragrances License type: General retail sales Address: 1717 S. Decatur Blvd., Suites H28, H29, I06, Las Vegas 89102 Owner: Stargaze Fragrances Stella License type: Mobile food vendor Address: 4255 Dean Martin Drive, Suite G, Las Vegas 89103 Owner: Stella Strategic Medical Management License type: Management or consulting service Address: 801 S. Rancho Drive, Suite C1, Las Vegas 89106 Owner: Strategic Medical Management Subway License type: Restaurant Address: 2400 N. Rancho Drive and 2600 W. Sahara Ave., Suite 117, North Las Vegas 89130 Owner: Subs4U Inc. Summerlin Residential Services License type: Residential property maintenance Address: Did not disclose Owner: Summerlin Residential Services Sweet Addictions, Cookies & Ice Cream License type: Restaurant Address: 2291 N. Green Valley Parkway, Henderson 89014 Owner: Jades Investments LLC Sweetpotato Awesome License type: Nonfarm product vendor Address: 300 N. Casino Center Blvd., Las Vegas 89101 Owner: Sweetpotato Awesome T&J Appliance & Garage Door LLC License type: Repair and maintenance Address: Did not disclose Owner: T&J Appliance & Garage Door LLC Therapeutic Works LLC License type: Interjurisdictional business Address: 6000 S. Eastern Ave.,
Total Exhibits License type: Trade show services Address: 89 Myrtle Beach Drive, Henderson 89074 Owner: Ruben Flores Valley Wide Leak Detection License type: Professional services Address: 2433 Cliffwood Drive, Henderson 89074 Owner: Inocencio Amaral Wash Myne Car License type: Automobile services Address: 3402 Genesee Gorge Ave., North Las Vegas 89030 Owner: Wash Myne Car LLC 101 Wireless World 2 License type: General retail sales Address: 5051 Stewart Ave., Suite 108, Las Vegas 89110 Owner: 101 Wireless World 2
- store 4200 Meadows Lane, Las Vegas Just Construction and Management
$167,958, residential - production 2523 Desante Drive, Henderson Toll Henderson LLC
$289,000, pool and/or spa 10421 Loma Portal Ave., Las Vegas Artistic Pool & Spa Inc.
$167,751, single-family residential - production 257 Castellari Drive, Las Vegas Woodside Homes of Nevada LLC
$287,250, tenant improvement offices 8725 W. Sahara Ave., Las Vegas Burke Construction Group Inc. $253,851, single-family residential - production 1637 Quartz Ledge Court, Las Vegas D.R. Horton $252,852, residential - custom 1250 Rose Quartz Road, Henderson D.R. Horton Inc. $245,000, tenant improvement apartment 9103 Alta Drive, Suite 802, Las Vegas Fenix Construction $234,553, residential - custom 1240 Rose Quartz Road, Henderson D.R. Horton Inc. $209,379, residential - custom 1032 San Eduardo Ave., Henderson Greystone Nevada LLC $200,000, tenant improvement residential care 7240 W. Oakey Blvd., Las Vegas Affordable Concepts Inc.
A-Zatural Preservations Services LLC License type: Property maintenance Address: 2920 N. Green Valley Parkway, Suite 218, Henderson 89014 Owner: A-Zatural Preservations Services LLC
$200,000, commercial - remodel 2275 Corporate Circle, Suite 230, Henderson 2275 Corporate Circle LLC
Aces High Tobacco & Gifts License type: Tobacco dealer Address: 101 S. Rainbow Blvd., Suite 18, Las Vegas 89107 Owner: Aces High Tobacco & Gifts
$181,820, residential - production 3213 Porta Cesareo Ave., Henderson Toll Henderson LLC
BUILDING PERMITS $2,200,000, tenant improvement - theaters 4949 N. Rancho Drive, Las Vegas AR Mays Construction Inc. $1,415,416, residential - custom 710 Dragon Ridge Drive, Henderson Cherng Family Trust $1,266,863, commercial - alteration 2189 W. Craig Road, North Las Vegas R&O Construction $625,000, tenant improvement - store 6341 N. Decatur Blvd., Las Vegas Solex Contracting Inc. $600,000, tenant improvement
$195,239, residential - production 404 Via San Remo Circle, Henderson Century Communities of Nevada
$181,765, residential - production 1085 Via Della Curia, Henderson Century Communities of Nevada $179,768, residential - production 1056 Via Della Costrella, Henderson Greystone Nevada LLC $175,008, single-family residential - production x2 3276 and 3280 Grayson Lake Court, Las Vegas Adaven Homes LLC $173,935, residential - new 4005 Celebration Cove St., North Las Vegas Richmond American Homes of Nevada $168,721, single-family residential - production 351 Pollino Peaks St., Las Vegas Ryland Homes
$162,302, residential - production x2 2539 and 2575 Desante Drive, Henderson Toll Henderson LLC
$132,491, residential - new 933 Vegas Palm Ave., North Las Vegas Century Communities of Nevada $131,409, perimeter retaining wall 734 Glowing Horizon St., Henderson Greystone Nevada LLC $129,143, residential - production 1060 Via Della Costrella, Henderson Greystone Nevada LLC
$156,202, residential - production 1408 Thurlow Court, Henderson KB Home Nevada Inc.
$128,669, residential - production 471 Fortissimo St., Henderson Richmond American Homes of Nevada
$148,827, residential - production 2547 Desante Drive, Henderson Toll Henderson LLC
$126,869, residential - production 1141 Strada Cristallo, Henderson Century Communities of Nevada
$147,940, residential - production 286 Divertimento St., Henderson Richmond American Homes of Nevada
$125,705, residential - production 2584 Sable Creek St., Henderson Pardee Homes of Nevada
$146,942, residential - production 47 Nettle Leaf Ave., Henderson Ryland Homes $146,831, residential - production 2526 Desante Drive, Henderson Toll Henderson LLC $145,804, disaster 1610 E. Charleston Blvd., Suite 110, Las Vegas Har Bro Construction & Consulting $144,845, single-family residential - production 9759 Canyon Landing Ave., Las Vegas Century Communities of Nevada
$125,705, residential - production x2 3037 and 3053 Ryegrass Ave., Henderson Pardee Homes of Nevada $124,823, single-family residential - production 9729 Ponderosa Skye Court, Las Vegas Century Communities of Nevada $123,209, residential - production 410 Highspot St., Henderson Richmond American Homes of Nevada
$137,904, residential - production 2633 Marvel Astoria St., Henderson Beazer-Inspirada LLC
$122,880, single-family residential - production x2 9748 and 9756 Canyon Landing Ave., Las Vegas Century Communities of Nevada
$137,016, residential - production 120 Outcrop Ridge Ave., Henderson PN II Inc.
$121,269, residential - production 2580 Sable Creek St., Henderson Pardee Homes of Nevada
$136,906, residential - production x2 888 and 908 Harbor Ave., Henderson KB Home LV Pearl Creek LLC
$121,269, residential - production x2 3041 and 3049 Ryegrass Ave., Henderson Pardee Homes of Nevada
$134,909, residential - production 3045 Ryegrass Ave., Henderson Pardee Homes of Nevada $134,440, single-family residential - production x2 10505 and 10509 Sparks Summit Lane, Las Vegas Adaven Homes LLC $134,440, single-family residential - production x2 3218 and 3269 Grayson Lake Court, Las Vegas Adaven Homes LLC
$120,835, residential - new 5821 Clear Haven Lane, North Las Vegas Beazer Homes Holdings Corp. $120,014, commercial - remodel 3535 Executive Terminal Drive, Suite 200, Henderson 3535 Airport Center LLC To receive a complete copy of Data Plus every week in Excel, please visit vegasinc.com/subscribe.
FUSCH COMMERCIAL INTERIORS & DESIGN 6415 S TENAYA WAY STE 145 LAS VEGAS, NV 89113
(702) 202-4227 WWW.FCIDESIGN.COM
At FCI & Design, we create functional, unique, and impressionable office environments with style.
22
VEGAS INC
your Business-to-business news
april 10-April 16
Send your business-related information to news@vegasinc.com
The List
Category: home builders (Ranked by 2015 sales volume*)
Year established
Total sales volume
Total homes sold
Average closing price
Top executive
Lennar 2490 Paseo Verde Parkway, Suite 120 Henderson, NV 89074 702-877-9600 • lennar.com
1954
$388,977,314
1,109
$350,746
Stuart Miller, CEO
2
D.R. Horton 1081 Whitney Ranch Drive, Suite 141 Henderson, NV 89014 702-635-3600 • drhorton.com/nevada
1978
$288,755,820
834
$346,230
David Auld, CEO
3
KB Home 5795 Badura Ave. Las Vegas, NV 89118 702-266-8500 • kbhome.com/new-homes-las-vegas
1957
$247,306,340
790
$313,046
Jeffrey Mezger, CEO
4
Richmond American Homes 7770 S. Dean Martin Drive, Suite 308 Las Vegas, NV 89139 702-617-8400 • richmondamerican.com/nevada
1987
$223,484,508
582
$383,994
Nicole Bloom, division president
5
CalAtlantic / Ryland Homes 8925 W. Russell Road, Suite 200 Las Vegas, NV 89148 702-360-7500 • calatlantichomes.com/find-yournew-home/31-las-vegas
1967
$169,965,465
576
$295,079
Larry Nicholson, CEO
6
American West 250 E. Pilot Road, Suite 140 Las Vegas, NV 89118 702-736-6434 • americanwesthomes.com
Did not disclose
$167,656,391
457
$366,863
Did not disclose
7
Pardee Homes 4675 W. Teco Ave., Suite 115 Las Vegas, NV 89118 702-604-3332 • pardeehomes.com
1921
$141,977,823
377
$376,599
Klif Andrews, division president
8
Pulte Homes 8345 W. Sunset Road Las Vegas, NV 89113 702-914-4800 • pulte.com
1950
$133,512,414
347
$384,762
Richard Dugas Jr., CEO
9
Woodside Homes 3855 S. Jones Blvd., Suite 102 Las Vegas, NV 89103 702-889-7800 • woodsidehomes.com/new-homesLas-Vegas-Nevada-7
1977
$123,321,505
295
$418,039
Joel Shine, CEO
William Lyon Homes 1980 Festival Plaza Drive, Suite 500 Las Vegas, NV 89135 702-263-8200 • lyonhomes.com/nevada
1987
$123,006,144
188
$654,288
Matthew Zaist, CEO, president
Toll Brothers 264 Tarragona Breeze Ave. Las Vegas, NV 89138 702-243-9800 • tollbrothers.com
1967
$105,032,846
211
$497,786
Douglas Yearley, Jr., CEO
12
Century Communities 6345 S. Jones Blvd., Suite 400 Las Vegas, NV 89118 702-873-5338 • centurycommunities.com
2002
$85,788,435
267
$321,305
Dale Francescon, co-CEO/ chairman; Robert Francescon, co-CEO/ director
13
Harmony Homes 8912 Spanish Ridge Ave., Suite 200 Las Vegas, NV 89148 702-478-8375 • harmonyhomes.com
Did not disclose
$42,225,080
164
$257,470
Robert Beville, division president
14
Beazer Homes 4052 Little Bay Ave. North Las Vegas, NV 89081 702-874-8728 • beazer.com/new-las-vegas-homesfor-sale
Did not disclose
$37,330,623
123
$303,501
Allan Merrill, CEO/president
Company
1
10 11
* Excludes first-time sales on high-rise units; CalAtlantic Homes and Ryland Homes are reported in aggregate for the year. // Source: Salestraq and VEGAS INC research. It is not the intent of this list to endorse the participants or to imply that the listing of a company indicates its quality. Although every attempt is made to ensure the accuracy and thoroughness of VEGAS INC charts, omissions sometimes occur and some businesses do not respond. Please send corrections or additions on company letterhead to Julie Ann Formoso, research associate, VEGAS INC, 2275 Corporate Circle, Suite 300, Henderson, NV 89074.
Specializing in the Sale of Commercial Investment Property and the Sales and Leasing of Office, Industrial and Retail
49 YEARS OF PERFORMANCE NOT PROMISES Soozi Jones Walker CCIM, SIOR Broker/President Soozi@CEVegas.com
Bobbi Miracle CCIM, SIOR Senior Vice President Bobbi@CEVegas.com
(702) 316-4500
7219 W. Sahara, Suite #100, Las Vegas, NV 89117
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