![]() ![]() ![]() Plus, barring “another massive recession,” land prices aren’t getting cheaper, office broker Dan Palmeri of Cushman &Wakefield said.īoyd, whose casinos include The Orleans, the Suncoast and downtown’s California Hotel, operated 17 properties nationwide and had 18,000 employees when it moved to its four-story office building at Rainbow Boulevard and Sunset more than a decade ago, Strow said. But quality office space is “getting hard to find” along the 215 Beltway, and that might have prompted Boyd to build its own, he said. Other casino operators, including MGM Resorts International and Caesars Entertainment Corp., also have office buildings in town, but locally, resort companies are known for housing most of their staff in the hotels, not in office parks.ĬBRE Group broker Randy Broadhead, an office specialist, agreed that it’s rare for a casino operator to build a corporate campus in Las Vegas. The company does not have a construction timeline, and the campus it builds might differ from what is outlined in county planning documents, as those reflect the maximum Boyd can develop, spokesman David Strow said.īoyd’s new headquarters would be just a mile or so west of its current primary office building. The land sale, by Las Vegas businessman Jason Awad, closed Jan. Boyd purchased the 10.8-acre site for $11.4 million, property records show. ![]()
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