VEGAS INC Magazine - Latest Las Vegas business news, features and commentaries about gaming, tourism, real estate and more
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THE BASICS Pick 'Em Get smart Power tweets Power Lunch The Numbers Sin City Media Overheard TALKING POINTS Done Deal THE NUMBERS Chatter SMITH'S WORLD We hear .com Buy high Sell low 3.69 VEGASINCmag Executive class Read this! YOUR AD HERE Mike Smith is an award-winning editorial cartoonist featured daily in the Las Vegas Sun. Smith's work also is distributed nationally by King Features Syndicate. See archives of his work at lasvegassun.com/smithsworld. The Pitch is back NOW SERVING LAS VEGAS Vegas then ? ? ? ? ? ! The innovator 95 The number of unemployed Las Vegans for $ every job vacancy advertised here. The rate is second highest in the country, behind Riverside, Calif., where there are 6.65 unemployed workers for every job vacancy. VEGASinc2021 Gate keeper American dream FortuneCookie Grilled Moonlighting The Survivor 250 The height of the Aria's new LED marquee. The sign is 65 feet wide and packed with 11 million pixels. It is the tallest on the Strip, according to MGM Resorts International. $161,000 The median price of a home in the Las Vegas Valley in March. The amount is a 7.3 percent increase from February, when the median home price was $150,000, and a 30 percent increase from a year ago. $7 million The cost of proposed renovations at the Galleria at Sunset mall in Henderson. The renovation will be the first for the mall since it opened in 1996. Improvements will be made to the food court, center court, guest services center and restrooms. New stores, including H&M, also will join the lineup. $3.8 million The amount Nevada is receiving from the U.S. Education Department to help struggling schools. Nevada was one of 13 states that received federal money for school improvement. 55,000 The number of patients the Comprehensive Cancer Centers of Nevada has enrolled in clinical research studies. The Comprehensive Cancer Centers conducts more than 170 clinical research studies each year. $55,254 The amount of Clark County schools Superintendent Dwight Jones' final paycheck. Jones received $26,235 for 24 days of unused vacation and $24,049 for 22 days of unused sick leave. 1,200 JONES The number of art pieces up for sale at the Martin Lawrence Gallery in the Forum Shops at Caesars Palace during a spring auction April 13. Fifty artists' works were featured, including Warhol, Picasso, Chagall, Rembrandt, Haring, Miro and more. 24 20130415_VI24_F.indd 24 Reader comments We want to hear from you. Visit vegasinc.com to post your opinion. On Joe Schoenmann's April 8 lasvegassun.com story about a massive property grab by the Downtown Project ("Downtown Project snapping up apartment building, other parcels"): I have strong concerns that Tony Hsieh and his people know nothing about redevelopment or urban planning. Randomly buying property and putting sticky notes on Tony's wall is not the way to plan a city. Tony is now destroying two of the best corners of the East Fremont entertainment district. The old 7-11 building at Fremont Street and Las Vegas Boulevard ... should have been the best rocking nightclub in the city. Instead, Tony is turning it into a ... gathering space for talks and presentations. He is dumping a trailer park on a half block at Fremont and 7th streets. Once demolished, the site should have been a new major music venue, a boutique hotel or apartment tower with a cool club on the ground floor. Tony keeps saying that he needs housing for his workers. Who demolishes a pricy half block of downtown in an entertainment district to throw trailers on it? — 777s Hsieh's buying spree reminds me of the adage, "More money than brains." I hope they have a master plan for all these great buys, otherwise this kid will be the 21st century equal to the tulip bubble in Holland. All hype and no results. Hsieh isn't Howard Hughes, but he may be as crazy. — Art Swanson (artswanson) "Openness" about wanting to transform downtown, sure, I get that. But how the parcels are being bought, what is going to be done with them, is a gauzy mystery with only a few webpages of potential artist renditions. — LVEducator On Paul Takahashi's April 8 lasvegassun.com story about Nevada receiving federal grant money to implement "turnaround" efforts for low-performing schools ("Nevada getting $3.8 million to aid struggling schools"): More money does not necessarily equate to student achievement; however, starving schools will not either. Demand accountability from those in charge of money and how it is being spent and from those who institute policies. — Nancy Agustin (ASadTeacher) You aren't providing anything to these schools unless each and every one of these students has a supportive, nurturing family environment. It's begins and ends there. — TomD1228 Let's cut our losses and concentrate on the better students instead. I think it's a very noble idea for every child to have a quality education, but in reality we know that a lot of these kids are barely going to make it to high school. How about alternative form of real life education instead? — Gerald Verzosa (maxpowerzz) | 15 APRIL 2013 | 4/11/13 3:00:59 PM