LAS VEGAS-Dick Corp. will build Pinnacle Las Vegas, the 1,100-unit, $740-million condominium-resort project adjacent to the Orleans hotel, casino and arena. The Pittsburgh-based contractor says its Honolulu-based subsidiary Dick Pacific Construction will assume responsibility for all day-to-day activities of the project, which is nearing the start of construction.

Dick Corp. served as the frame contractor for the Venetian resort, performing all concrete foundation and structure work for the $2-billion complex. It also served as a prime contractor for the Atlantis resort in the Bahamas, constructing among other things the bridge that links the two towers. The bridge was the inspiration for the four bridges that will connect the two 36-story towers anchoring Pinnacle Las Vegas.

The developer and landowner is the Falcon Group. The partnership includes the Falconi Group, Praxis Resources Inc. and Las Vegas-based Elysium Enterprises. Falconi Group and Praxis are real estate development companies based in Pennsylvania. Falconi is led by Angelo Falconi, who owns shopping malls, auto dealerships and a piece of the Pittsburgh Penguins. Elysium Enterprises is led by Mike Bellon, a locally based entrepreneur and real estate developer who made his mark buying, developing and selling auto dealerships.

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.