News
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17-story hotel under construction next to Palms on Flamingo Road
Read more: 17-story hotel under construction next to Palms on Flamingo RoadConstruction is underway on a 17-story non-gaming hotel on Flamingo Road, next door to the Palms resort just west of the Las Vegas Strip. The project, called 3883 Flamingo, sits on almost 9 acres and will include multifamily housing and retail, according to the developer, CAI Investments, which hosted a groundbreaking ceremony on Friday. Tenants…
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290+ Room Westin Planned for Tempe
Read more: 290+ Room Westin Planned for TempeBy Roland Murphy for Arizona Builder’s Exchange Tempe’s Development Review Commission will consider plans for a new 18-story Westin Hotel at 11 E. 7th St. at its Sept. 26th meeting. The project will feature between 260-290 rooms, 1,800SF of retail space, 1,400SF of restaurant and 12KSF of conference area. The total planned building area is…
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No More of a ‘Build it And They Will Come’ Aspect of Retail
Read more: No More of a ‘Build it And They Will Come’ Aspect of RetailLAS VEGAS—There is no longer a “build it and they will come” aspect for retail development. So says Christopher Beavor, CEO of CAI Investments. GlobeSt.com visited the CAI Investments booth last week at ICSC RECon and discussed trends in the retail space and how the industry is changing. Beavor tells GlobeSt.com that he is seeing…
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New Westin hotel in downtown Tempe breaks ground
Read more: New Westin hotel in downtown Tempe breaks groundPHOENIX – The construction of a new 18-story, 290-room Westin Hotel is officially underway in downtown Tempe after a ground-breaking ceremony took place on Thursday. According to a press release, the Westin Tempe will be a full-service business hotel with state-of-the-art guest rooms, a modern look and custom finishes throughout the building. It will also…
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Veterans in Franchising: Chris Beavor
Read more: Veterans in Franchising: Chris BeavorDel Taco franchisee Chris Beavor highlights how serving in the U.S. Air Force helped prepare him to become a successful entrepreneur. For Chris Beavor, it was the ability to serve his country that first inspired him to join the U.S. Air Force. However, he also knew that the experience and training that he would receive…
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Where is Las Vegas on the business cycle? Six experts weigh in
Read more: Where is Las Vegas on the business cycle? Six experts weigh inPositive economic news continues through early 2018, furthering a trend from last year’s strong stock market and employment numbers. Locally, hotels are adding convention space and remodeling rooms, the Fontainebleau and Alon deals generated buzz on the Strip and construction cranes are rising at the Resorts World site. Southern Nevada recovered from the worst of…