Expansion of Las Vegas Real Estate on the Strip

Another expansion for Las Vegas real estate on the strip is a result of continued strength in the Las Vegas market, and a desire to maximize the potential of substantial Las Vegas real estate asset gains. Initially, Encore was to include a 1,500-room hotel room tower and a small amount of gaming space. It was expected to cost no more than $900 million. Now, Encore will include about 2,000 full suites as well as a casino, convention space and other amenities, the company said. The strength of the economy in Las Vegas continues to amaze and the strength in the market for Las Vegas homes continues to follow right along.