Over the last 12 months, construction jobs in Las Vegas have rose by 6,800 (or 6,017 on a 12-month moving average (MMA) basis). During the period, these jobs grew 13% to 59,000 (or 12.3% on a 12MMA basis). As an FYI, the trough in construction jobs during the depths of the Great Recession 34,800 jobs in February 2012 (the 12MMA was July 2012 – 36,450 jobs). Peak occurred in June 2006 at 112,000 jobs. Southern Nevada has now recovered 49% of the peak.
NAIOP Southern Nevada Chapter
Address: 1880 E Warm Springs, Suite 100
Las Vegas, NV 89119
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A property that was former host to a retail strip is now luxury apartments, and #NAIOPSNV member Frank Marretti had a major part in the development. #SNVCRE https://t.co/yyKOMrN47p
Greystone Office Park, which stretches 222,000 sq. ft., recently sold to Clark County. #SNVCRE https://t.co/oWmfHYBpcK
Jennifer Levine, RealComm Advisors is leading this morning’s discussion with Frank Martin and Thomas Schoeman. These giants that designed and built Las Vegas talking about how Las Vegas will look and act in the years to come.
#CRE #SNVCRE #NAIOP #NAIOPSNV #MartinHarris #mhc