Search
 

Dirt Moving for New Bank Headquarters

LAS VEGAS-Grading is under way for a six-story, 150,000-sf office building being developed in the Summerlin area by Business Bank of Nevada and an investment group led by the bank's chairman.

By Brian K. Miller | Updated on June 14, 2006

LAS VEGAS-Site work is under way in the Summerlin area of Northwest Las Vegas for a six-story, 150,000-sf office building that will serve as the headquarters for Business Bank of Nevada. The $40-million project is slated for completion next spring.

The bank is developing the building in partnership with investment group Charleston Pavilion LLC, whose managing member is bank chairman Jason Awad. The bank owns a 26% stake in the project and will occupy about 21% of the space. The construction lender is Principal Life Insurance.

This seven-acre development site is located at the southeast corner of Pavilion Center near the new Red Rock Hotel and Casino. The site lies within Summerlin Centre, an urban village master-planned development being developed by Howard Hughes Corp. The site address is 10801 W. Charleston Blvd.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.