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Businesses around Echelon happy to hear of new owners

Reported by: Christine Kim
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Updated: 3/05/2013 8:29 am
LAS VEGAS (KSNV MyNews3) -- Genting Group’s takeover of the former Echelon project means some big opportunities will soon be on the horizon for local construction workers and people in the hotel industry.

The recession forced several major projects on the north end of the Strip to be put on hold, leaving thousands of people without jobs, but now there is celebration among people in many professions, not just the construction industry.

Activity on the north end of the Las Vegas Strip has been slow.

Construction at the Fontainbleau was halted three years ago, and the former Sahara only recently began construction.

During the Great Recession, more than 65,000 construction jobs were lost.

Although nearby businesses say it'll take some time, they see hope that what some call a challenging few years won't be in their future.



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