Friday, 30 August 2013
UFC purchases 24 acres for $7.8 million in Vegas
"What attracted us to the area is the great access to the airport and the venues where we host our Las Vegas based events, as well as the growing number of entrepreneurial businesses developing in the area," said UFC CFO John Mulkey in a statement to FOX5. "I think it's pretty exciting actually anytime you've got a huge organization that's got the name recognition that they have," said Michael Spears, who owns nearby Collision Authority. Spears said becoming neighbors with the UFC is another sign Las Vegas is bouncing back.
"I've seen a lot of construction projects that have been placed on hold that are back underway, so it's exciting to see signs of life," said Spears. Nearby San Francisco-themed Lucky's Lounge feels the same. "Over the last three years we've had a lot of people move out of here. A lot of people have lost their homes, a lot of businesses have moved out of here, but we've definitely seen an upswing," said Lucky's owner Dan Kouretas. It's too early to know when ground will break or the new building's completion date, but for now the purchased desert can serve as a morale boost to others in the area.
"When you get companies that big moving into your area, you have no choice but to be proud and happy for it," said Kouretas.