Stalled Projects Don't Stop Las Vegas Redevelopment

"The failure of these projects has set back the redevelopment efforts, but city officials point to the success of smaller, locally owned business along downtown's Water Street as a sign that redevelopment is happening, nonetheless, and that better days are ahead.

'If you drive down Water Street, it looks a lot different than it did 10 years ago,' Redevelopment Manager Michelle Romero said. 'We've had businesses struggle...We've lost some large projects, but I think the difference is, even though we lost large projects, smaller projects have gone forward.'"

Officials have been working on redevelopment efforts in the area, and though the failure of some major projects has hindered efforts, the plan is moving ahead steadily.