LAS VEGAS - November 7, 2009 —The struggling economy should bring commercial construction to a virtual standstill around Las Vegas next year, according to a Las Vegas research firm.
Applied Analysis says nine major commercial projects are under construction in southern Nevada, and development will essentially cease once most of them wind down early next year.
Jake Joyce, an analyst with the firm, said that's in sharp contrast with 2007, when commercial development was booming and there were 75 to 100 projects under construction. FULL STORY
