V Highrise
Las Vegas
o $25 Billion SPENT ON STRIP TO DATE - $35Billion OVER NEXT 10 YEARS
o % OF CONDOMINIDM / HOMDE IS 7% VS. WEST PALM REACH @ 30%: VANCOUVER IS 55%
o 1.8 MILLION POPULATION: DOUBLE BY 2023
o 135,000 Hotel Rooms- 43,000 Over Next 5 years 96% Average Rates For Hotel
o 340 SUNNY Days/Year
o 43 Million Visitors / Year
o 7,000 NET MIGRATION/MO.
o Becoming The Miami of the west coast
o Cheapest Travel
o Entertainment Capital of the world
o GREATEST HOME BASE FOR PEOPLE WANTING TO ACCESS ALL OF THE WEST COAST
o Largest Furniture Market in The World "WORLD MARKET CENTER"
o LAS VEGAS MOTOR SPEEDWAY
o LEAD The NATION IN CONVENTION ATTENDANCE +30 OVER OTHER DESTINATION
o Lead The nation in Job Growth: Lowest Unemployment Rate @3.8%
o LOW PROPERTY TAXES @ .8%
o National Final Rodeo
o NO STATE INCOME TAX
o One of The Top 10 Airports in the World
o OUTDOOR. Activities
o Population in 1950 was 49,000
o Strong Business Environment
o THE STRIP IS "OCEAN FRONT PROPERTY" IN THE DESERT
o VACANCY RENTAL Residential Rates 4.8%
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