Las Vegas, NV

The construction market in Las Vegas is still showing strength.

Projects nearing completion such as the Sphere and potential new stadia for baseball and other sports continue to drive construction as Vegas moves from Casino-led entertainment into a more family entertainment diversity. Nevada could also benefit from the recent restrictions on residential construction in neighboring Arizona.

With increased entertainment opportunities the need for residential and hospitality, schools and healthcare remain strong, and many projects are currently in the planning phases. CRE continues to be a challenge as mentioned in our previous report, but manufacturing and light industrial seem stable.

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* Other structures include religious buildings, amusement, government communications, and public recreation projects.
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