$1.5B Union Village project in Nevada advances to next stage
When developers announced ambitious plans last month to build a $1.5 billion health care projectknown alluringly as Union Village in Henderson, the plan was greeted with cautious optimism. The big question: Will the private project, which is on the hunt for additional capital, become yet another empty promise of grandeur stalled by the recession?
After years of binging on subprime mortgages and easy money, residents and developers have waken to a splitting headache of bankruptcies, foreclosures, high unemployment and scores ofhalf-baked projects blotching the desert landscape. In the recession’s wake, Las Vegas Valley residents and observers have become more wary of big promises made by developers.
“I would be quite skeptical. (Union Village) is very expensive, and not without a lot of risk,” said Sheryl Skolnick, principal and senior health care services analyst at Connecticut-based CRT Capital Group, which provides financial research to Wall Street firms. “This project will take some convincing.”
A capacity crowd gathered at the Henderson City Council Chambers on April 7 was greeted with artist renderings depicting what developers heralded as the nation’s first “integrated health village” — a mixed-used development anchored by a hospital and senior retirement community.
Union Village, planned for a city-owned plot at U.S. 95 and Galleria Drive, is the first major project in Henderson since the $1 billion M Resort opened in March 2009 at Las Vegas Boulevard and St. Rose Parkway.
Just four months after opening, the casino could not afford to make interest payments on its $700 million loan. By October, the resort was worth less than the debt owed on it, and was taken over by new owners.
The neighboring $1.5 billion Inspirada master-planned community faces Chapter 11 bankruptcy after just 700 of 11,500 homes planned were built since the project was approved in 2005. Inspirada is south of the Henderson Executive Airport.
http://www.lasvegassun.com/news/2011/may/07/against-all-odds-union-village-moves-forward/
smartbrief.com
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Lion’s Mane Mushroom
Mushrooms are having a moment. One fabulous fungus in particular, lion’s mane, may help improve memory, depression and anxiety symptoms. They are also an excellent source of nutrients that show promise as a therapy for dementia, and other neurodegenerative diseases. If you’re living with anxiety or depression, you may be curious about all the therapy options out there — including the natural ones.Our Lion’s Mane WHOLE MIND Nootropic Blend has been formulated to utilize the potency of Lion’s mane but also include the benefits of four other Highly Beneficial Mushrooms. Synergistically, they work together to Build your health through improving cognitive function and immunity regardless of your age. Our Nootropic not only improves your Cognitive Function and Activates your Immune System, But it benefits growth of Essential Gut Flora, further enhancing your Vitality.
Our Formula includes:
Lion’s Mane Mushrooms which Increase Brain Power through nerve growth, lessen anxiety, reduce depression, and improve concentration. Its an excellent adaptogen, promotes sleep and improves immunity.
Shiitake Mushrooms which Fight cancer cells and infectious disease, boost the immune system, promotes brain function, and serves as a source of B vitamins.
Maitake Mushrooms which regulate blood sugar levels of diabetics, reduce hypertension and boosts the immune system.
Reishi Mushrooms which Fight inflammation, liver disease, fatigue, tumor growth and cancer. They Improve skin disorders and soothes digestive problems, stomach ulcers and leaky gut syndrome.
Chaga Mushrooms which have anti-aging effects, boost immune function, improve stamina and athletic performance, even act as a natural aphrodisiac, fighting diabetes and improving liver function.
Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules. Today Be 100% Satisfied Or Receive A Full Money Back Guarantee Order Yours Today By Following This Link.
| Online: | |
| Visits: | 1,608,568,007 |
| Stories: | 8,165,013 |
Whistler Blowers, Insiders
