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Planning & Development
NVBEX Staff
24 Jan 2025

Brightline West Seeks Bonds for Rail Project

By BEX Staff for NVBEX Brightline West is seeking $2.5B in private activity bonds for its $12.4B rail line between Las Vegas and California. The...

Nevada Projects
NVBEX Staff
24 Jan 2025

Nevada Projects 01-24-25

Groundbreakings 1. The Culinary Union broke ground on Culinary Health Center – Tropicanaat 4805 W. Tropicana Ave. in Las Vegas. Estimates indicate the project will...

Commercial Real Estate
NVBEX Staff
24 Jan 2025

Commercial Real Estate 01-24-25

Sales Transactions 1. AEW Capital Management purchased IDV Speedwayat 5150 N. Sloan Lane near Las Vegas Motor Speedway for $54.3M. JLL Capital Markets’ Mark Detmer,...

Planning & Development
CJ Jorgensen
23 Jan 2025

Senior Housing Development Moves Through Clark County Zoning Commission

A site plan review and waiver of development standards was heard for Bruner Affordable Senior Housing at a Clark County Zoning Commission meeting on Jan....

Planning & Development
NVBEX Staff
23 Jan 2025

Mixed-use Tower Approved by Vegas City Council

The Las Vegas City Council approved a 17-story mixed-use tower on the SWC of Fremont and Eighth streets. The tower, dubbed Triple 7 Fremont, will...

Planning & Development
NVBEX Staff
22 Jan 2025

Public-Private Partnership Housing Project Moves Forward

The Governor’s Office of Economic Development approved $100M in state funding for the Campus for Hope transitional housing complex in Las Vegas. The housing complex...

Trends
NVBEX Staff
21 Jan 2025

Multifamily Starts End 2024 Down 25% Year-over-Year

Fueled by solid demand, single-family construction moved higher in December despite several headwinds facing the industry, including high mortgage rates, elevated financing costs for builders...

People on the Move
NVBEX Staff
21 Jan 2025

Industry Professionals 01-21-25

Awards & Accolades 1. The Department of Energy Solar Energy Technologies Office announced the 20 semifinalists of its American-Made Solar Prize Round 8. The semifinalists...

Trends
NVBEX Staff
20 Jan 2025

Backlogs Dip in Dec.; Confidence Up in 2 of 3 Categories

Associated Builders and Contractors reported its Construction Backlog Indicator inched down to 8.3 months in December, according to an ABC member survey conducted Dec. 20...

Planning & Development, Budget
Rebekah Morris
20 Jan 2025

Nevada Public Owners Roundtable Discusses Funding, Capital Projects

On Jan. 14, the Las Vegas Chapter of SMPS hosted the 16th annual Public Works Roundtable, featuring 11 different speakers from municipalities across southern Nevada...

Trends
NVBEX Staff
18 Jan 2025

Input Prices Down for Dec., Up YoY

Construction input prices decreased 0.2% in December compared to the previous month, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor...

Planning & Development
CJ Jorgensen
18 Jan 2025

Hotel/Casino Returns to Pahrump Planning Commission

The Pahrump Regional Planning Commission unanimously approved a Conditional Use Permit for Majestic Pahrump Holdings, LLC’s 125-room hotel/casino located at 4867 S. Nevada Hwy. 160...

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Mark Hobaica

Mark Hobaica

Executive Vice President

Core Construction

Since 2019, as CORE Construction’s Executive Vice President for Nevada, Mark ensures every client CORE serves receives the highest level of personalized care for every project. Mark’s passion is client Trust. He cares deeply about CORE’s reputation, partnerships and providing the highest quality and services, as well as most honest and best value possible. He has worked in the Las Vegas Valley and for the Public Works sector for nearly 35 years. He began as an owner in a local architectural firm designing and overseeing projects for Public Works clients for nearly 12 years. He clearly understands the expectations of the public sector, as he then directed numerous projects for over 16 years as the City Architect for the City of Henderson. His focus has always been delivering projects using CMAR or Construction Manager at Risk as he has implemented dozens of projects with his trusted approach, while always involving every stakeholder to ensure each individual receives the highest level of services expected.