The construction industry in Nevada is trending toward diversification as it faces a decrease in tourism and nationwide economic uncertainties.
As such, 2025 demonstrated the region is capable of attracting a variety of development types outside of hospitality.
To celebrate the end of the year, NVBEX covered nearly 350 construction projects throughout 2025 and has prepared a list of some of the most notable projects in the Silver State.
1. Athletics Baseball Stadium & Bally’s Integrated Resort
The region is home to a handful of active mega-projects that are poised to have massive impacts on the state. Arguably the most notable is the Athletics Major League Baseball Stadium.
The $1.8B baseball stadium is currently under construction at the former site of the Tropicana. Clark County is allowing the A’s to submit for permits in stages to streamline the construction process in order to have the stadium online by the 2028 MLB season.
The design work is being conducted by Bjarke Ingels Group, while HNTB is the architect of record. A joint venture between Mortenson and McCarthy Building Companies is serving as the general contractor.
Mechanical/Electrical/Plumbing work is being handled by Henderson Engineers. Lochsa Engineering is the civil engineer, and Thornton Tomasetti is the structural engineer.
Foundational work has already been finished as the crews begin to look at concrete and interior steel work to begin 2026.
Behind the scenes, developers have received approvals for three of six major permitting packages. They are also nearing a guaranteed maximum price contract, which, once approved, will allow for the A’s to tap into up to $380M in public funding for the construction of the project.
For more information on the A’s stadium, click here. The A’s are slated to occupy nine acres of the overall 35-acre site, while Bally’s is expected to build Bally’s Las Vegas on the remaining 26 acres.
Bally’s Las Vegas is proposed as a three-phase mixed-use plan designed by Marnell Architecture. It is expected to contain 3,000 hotel rooms, a 2,500-seat theater and 500KSF of retail, restaurant and entertainment space.
The primary area of the development is called the “podium”, which will sit above ground level. Stairs, escalators and elevators will be used to reach the podium.
While the first phase of the project is anticipated to be completed alongside the A’s stadium, the project has quietly remained in its early stages. Bally’s has, however, stated it expects construction to commence within the first half of 2026. For more information on Bally’s Las Vegas, click here.
2. Grand Sierra Resort Expansion
Shifting over to Northern Nevada, the Grand Sierra Resort Expansion is a massive effort to expand the 140-acre property. The multi-phase project will consist of a basketball arena, a satellite ice rink, a parking garage, a fan area, an 800-room hotel, a golf facility and approximately 300 affordable housing units.
The Meruelo Group is the owner and developer, while Gensler is the architect of record. Martin-Harris Construction is the general contractor for Phase One.
Recently, the Reno Redevelopment Agency approved a Tax-Incremental Financingcontract to help fund the development. This will allow developers to use up to 90% of collected tax revenue to offset construction costs.
The first phase of the project revolves around the Grand Sierra Resort Arena. The arena stems from a partnership between the University of Nevada, Reno and the Meruelo Group.
The 10,000-seat arena will be home to UNR’s basketball team. The arena is valued at roughly $786M, while the entirety of the project will cost around $1B. To view our coverage of the Grand Sierra Resort Expansion, click here.
3. Brightline West High-Speed Rail
The Brightline West High-Speed Rail project is a 218-mile rail line to link Las Vegas with Rancho Cucamonga, Calif. Additional stations will be installed in Hesperia and Apple Valley, Calif. If constructed, the Cucamonga station will have a Metrolink connection to downtown Los Angeles.
Most recently, Brightline, the developer, applied for a $6B federal loan on Sept. 26. Its application showed the cost of the project jumped from $12B to nearly $21.1B.
The Nevada portions of the project are a collaborative effort between Brightline West and the Nevada Department of Transportation. The Nevada portion consists of a station, 34 miles of the rail line and a maintenance facility.
The Las Vegas Brightline Station will be constructed on a 110.7-acre site in Enterprise. It is being designed by Grimshaw Architects and will be constructed by McCarthy Building Companies.
The rail line is being designed by Atlas Technical Consultants and will be constructed by Las Vegas Paving Corp. The Brightline West Maintenance Facility will be 200KSF. HNTBis doing the design work, while The Whiting-Turner Contracting Company is the general contractor.
The project recently received an Extension of Time until July 2, 2029. To read more of our coverage, click here.
4. Intermountain Health Children’s Hospital
Intermountain Health is planning to bring its more than $1B Intermountain Health Children’s Hospital to the University of Nevada, Las Vegas’ Harry Reid Research and Technology Park.
Intermountain Health serves as the owner and developer. Shepley Bulfinch and Genslerare the design firms attached to the project. The PENTA Building Group and Jacobsen Construction are the general contractors.
While the project is still in the early part of its design phase, initial estimates indicate it will be around 710KSF and feature more than 200 beds.
The project is also in the early stages of fundraising. Developers stated they’re expecting to raise roughly one-third of construction costs from the local community. The fundraiser is expected to become increasingly public within the next year.
Groundbreaking is expected to occur within the coming months, which will allow the hospital to open by 2030. To read more about the Intermountain Health Children’s Hospital, click here.
5. Reno Revival
The Reno Revival development is a mixed-use project with a storied history in Northern Nevada. The project primarily revolves around the redevelopment of the former Harrah’s property.
Construction had previously begun on the project while it was owned by Gryphon Private Wealth Management. The original iteration of the project also involved CAI Investments, which pulled out in 2023 after the addition of the hotel component.
Madison Capital Group later stepped in and took over the ship. The new owner brought along Ahlquist as a developer. Recently, it was announced that Ahlquist is no longer part of the redevelopment project. Gensler is the architect, and Engineered Structures, Inc. is the general contractor.
The project primarily consists of two large towers that will both contain retail on the first floor. One will primarily hold residential and office space, while the other will be a hotel.
Plans include 282 multifamily units, 120.5KSF of office space, 12.1KSF of amenities, 390 hotel rooms, a 900-space parking garage and a 50KSF plaza. To catch up on all our coverage of the Reno Revival, click here.
2026 Outlook
Nevada’s continued stance toward diversifying its economy to better stabilize itself against economic downturns positions the region for a variety of incoming projects and project types. Each of these projects will continue to evolve throughout 2026 and will spur other developments.
This year, Nevada has put its chips into a variety of different sectors and industries. If this trend continues, notable industries to keep an eye on include entertainment, defense, lithium-related production and manufacturing, data centers and health care, among others.
Stay tuned for future updates to these projects, as well as other construction-related news. Thank you for reading NVBEX in 2025 and, most importantly, have a very happy New Year.
