Another one bites the dust

Thought I would put up another cancellation notice. This year there has been a few more casualties among Las Vegas lofts and condos. Although that didn't stop other developers from announcing new projects. The biggie was the cancellation of the Sandhurst. It was announced years ago, and last year the Mayor Oscar Goodman specifically asked the developer when the project would be completed at a town meeting. The other surprise was the cancellation of the Boulders condo conversion. They simply stopped work and went back to renting out the apartments. I guess some lucky tenants received some upgrades. Moreover, both projects had very little marketing, which in this market is a guarantee of failure. I'm sure we'll see a few more downtown projects fall by the roadside.