Well it seems that Harrah’s Entertainment is going to erect another tower on the shrinking land parcel known as Ceasar’s Palace. It will contain 665 luxury room tower and new casino entrance and 3 new swimming pools.  They also will renovate the current Forum Tower with its completion in January 2008.

The Luxor will undergo a $300 million dollar renovation.

Zoning clearance for a new casino took place last week in the Clark County Commission Chambers for a parcel on Spring Mountain Road and adjoining the west side of I-15.  This will is the start of seeing the gaming district zoning to include Spring Mountain road and allow the expansion of major gaming projects along that corridor.  A future project still in the works is “Dragon City” a Chinese themed casino in the China Town district.

Mean while 4 miles north of the Nascar “Las Vegas Speedway” a new 150 acre industrial park is being developed to help ease the shortage of the crowded industrial shortage in Las Vegas as companies continue to move and expand in what many studies show as the best business climate City in the U.S.   Employment in Las Vegas in 2006 showed only 18% is based in the Gaming industry.  Las Vegas is no longer a gambling town as its economy is diversify very quickly.

In 1996 Las Vegas had a total population of 1,119,708 residents just ten years later in 2006 that number had jumped to 1,912,700 a 71% increase. Plus remember we are the only city in the U.S. that has between 300,000 to 500,000 visitors on any given day.

In 1996 we had 63,617 people increase in our residents, this population number was reduced based on people leaving the valley.  In 2006 we had a one year net gain of 96,057 residence for the year.

Besides the gain in population our house hold income has jumped over 66% to $53,111.

The number of retires has increase 71% in that same 10 year period.

And lastly the number that shows the business climate in Las Vegas is “Retail Sales.”  In the last 10 years retail sales have jumped 125% here from $15,825,791,000 in 1996 to $35,604,392,000.