Las Vegas developable land hunt

Downtown and its surrounding areas have long had a questionable reputation and a leisurely drive through there will quickly spell it out why. The only bright spot has really been the Fremont Street Experience with its well-lit casinos. Only the brave would choose to go that way after dark, much less buy a house there to live in.

But things have lately changed for the better. Investors, many of them from out-of-town, have been able to identify suitable parcels of land scattered about and purchase them for a price that met their return on investment criteria. Then they proceeded to build on the sites something unheard of before, luxury condominiums. One of the pioneers was Sam Cherry who developed the SoHo Lofts. Another daring investor was the Fifield Co. that built the Allure luxury condos in a seedy neighborhood behind the Stratosphere.

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