Las Vegas Info

People frequently ask me why I live in Las Vegas. The answer always produces a puzzled look, “Las Vegas is a nice, quiet city!” To outsiders, used to The Strip’s neon cacophony, that may come as a surprise, but residents will readily agree that this is a pleasant and easy to navigate city. There is a big difference between The Strip and its surroundings. And it’s those surroundings that offer a prime living environment. So, let’s take a look at factors that make the city of Las Vegas so livable.

Accessibility

Las Vegas is ideal for those who desire maximum mobility:
McCarran was named the third-best airport in the U.S. by J.D. Power, based on deploying “the latest technologies to maintain a fluid traveler flow.” And with just four inches of precipitation each year, Las Vegas’ mild weather rarely causes delays at McCarran. But due to the wide range of destinations the airport serves, weather problems in other cities, here’s looking at you SFO, can result in delayed arrivals, which then lead to delayed departures.

Business

Las Vegas is perfect for business and startups. Las Vegas ranks fifth on 2017’s list of best large cities to start a business. Some key business insights:

City

According to a 24/7 Wall St. study published in USA Today, Nevada is the second-fastest growing state in the nation, and Las Vegas is its shining star:

+1.6% from 2017

* Feb. 2019 LVCVA

-22% from Mar. 2018*

-0.2% from 2017*

* Feb. 2019 LVCVA

Finance

The Las Vegas economy is largely propelled by tourism, a $60 billion industry. Here are a few financial benefits of living and working here:

Hospitality & Entertainment​

The Las Vegas Strip tops the list of the most-visited tourist attractions in the world with 40 million annual visitors. The city is also world-famous for its hospitality and entertainment, catered by nearly 150,000 hotel rooms and a half-a-dozen Cirque du Soleil productions.

Largest Hotels

Las Vegas features seven of the top 10 largest hotels in the world. At 6,852 rooms, Las Vegas’ MGM Grand is the world’s largest stand-alone hotel, but if you add Sheldon Adelson’s two connected hotels, The Venetian and The Palazzo, together, you get a mind-boggling 7,092 rooms. (Image courtesy: Scott Webb.)

Top Restaurant

Tao Asian Bistro, the restaurant that funnels dinner guests into The Venetian’s Tao nightclub grosses some $65 million each year, making it America’s largest restaurant by gross revenue.

Foodie Paradise

When erst-while Bellagio owner Steve Wynn decided to import the likes of New York’s Jean Georges Vongerichten and Boston’s Todd English, he played a material role in turning Las Vegas into a major foodie destination. Today, Las Vegas has more Michelin three-star restaurants than L.A. To put it bluntly, if you are a major chef and don’t have a restaurant in Las Vegas, you’re simply not visible enough. In addition to the afore-mentioned, Las Vegas now has outposts for Joel Robuchon, Alain Ducasse, Guy Savoy, Pierre Gagnaire, Nobu Matsuhisa, Michael Mina, Wolfgang Puck, Giada De Laurentiis… and the list goes on. Pictured above is Bardot Brasserie by Michael Mina in the ARIA hotel.

Dance Clubs

Las Vegas is now home to seven of the top 10 highest grossing nightclubs, led by such brands as XS Nightclub and Hakkasan. The XS Nightclub, which Steve Wynn opened at his Encore hotel property in 2008, secured its top spot on the annual Nightclub & Bar Top 100 list for the third consecutive year after generating about $105 million in 2014, the last year the organization released data. Trying to catch up, Hakkasan Group lavished $200 million in partnership with MGM Grand on its namesake restaurant and nightclub.

Cirque du Soleil

In 1998, Steve Wynn spent $80 million on a theater to house his $40-million Cirque de Soleil production of “O.” In one fell swoop, Wynn redefined the rules of consumer entertainment. Las Vegas boasts not one, not two, not three, but seven concurrent Cirque de Soleil productions. Wynn’s $300 million investment in Bellagio art, featuring works by Monet, Picasso, Renoir and Van Gogh, propelled a trend he began with The Mirage that has turned Las Vegas into an adult version of Disneyland.

Shopping

If all the above is not enough, be advised that Las Vegas has been a major shopping destination since at least 1998, when a survey by the Las Vegas Convention and Visitors Authority discovered that, for the first time in its history, Las Vegas was perceived by more visitors as an “entertainment” (50%) than a “gaming” destination (48%). Tops on visitor lists were “shopping,” mentioned by 67% of respondents as their primary activity, and fine dining, named by 40%.

Innovation

Innovation District

The Las Vegas City Council established the Innovation District in the city’s urban core to concentrate smart city technology infrastructure investment. The Innovation District is meant to be the home of new transportation infrastructure and mobility technologies, allowing for the creation of partnerships with autonomous vehicle/mobility companies and with smart city technology firms.

Drones

Las Vegas boasts the world’s first drone institute, the Nevada Institute for Autonomous Systems. The Nevada Institute for Autonomous Systems is a nonprofit corporation charged with leading the growth of Nevada’s autonomous aerial vehicle industry. Nearby Boulder City, NV, features the U.S.’ first commercial drone airport, Aerodrome.

Real Estate

The city of Las Vegas is one of the nation’s most dynamic real estate markets. According to USA Today, Nevada is the second fastest growing market in the nation. For more stats, visit my Las Vegas Real Estate Market page:

+3.8% from Apr. 2018*

* Apr. 2019 GLVAR

-0.2% from Apr. 2018*

* Apr. 2019 GLVAR

+39.7% from Apr. 2018

* Apr. 2019 GLVAR

Sports

Vast sums of money have been pouring into Las Vegas over the past few years. The T-Mobile Arena, where the Golden Knights play, cost $375 million. The new Raiders Stadium will be at least $1.8 billion. Add to that a $75-million headquarters project in Henderson. The Aviators’ new $150-million ballpark in Downtown Summerlin is slated top this April. The upside for Las Vegas: Some $2.4 billion will flow in by 2020.

Leave your name and email along with a message below or feel free to call me at 702-204-0922.

© 2019 Ronda Beese. All rights reserved.