Vertical Living Revisited

Posted at 8:15 AM, Feb. 4, 2006

Las Vegas is known as a place where buildings are imploded before their time. Right now projects are getting imploded before they even out of the ground. Developers are canceling plans for high-rise residential towers near the Strip due to rising construction costs and slow sales. Southern Nevada leads the country in population growth, adding 7,000 new residents per month. Its rapid urbanization has caused a 99 percent increase in land pricing over the last 12 months, resulting in a vertical building boom.  Full Story