Company History

Irwin Molasky holds one of the Las Vegas’ oldest contracting licenses, obtained in the 1950s when he began building room additions and garage conversions.

Over the ensuing years, Molasky, along with his children and strategic business partners, formed real estate companies in Nevada and California and developed thousands of homes, master-planned golf course communities, more than 10,000 apartment homes, several million square feet of Class A office towers, regional and neighborhood shopping centers, a 730-bed hospital, medical facilities, industrial parks and luxury high-rise condominiums.

Committed to developing quality real estate properties that benefit the community at large, The Molasky Group of Companies built many of Las Vegas’ “first” landmarks.

Sunrise Hospital & Medical Center – The city’s first private hospital opened more than 50 years ago with 58 beds, 2 surgical rooms, a staff of 16 doctors and three 60,000 square foot medical office buildings for doctors. Today Sunrise Hospital is a major facility with 730+ beds, 28 surgical suites, and more than 1300 affiliated doctors who perform heart surgeries, research neurodegenerative disease, treat emergency patients and care for critically ill newborns and premature infants who require medical or surgical intervention.

The Boulevard Mall - Nevada’s first fully enclosed regional mall opened in 1967and offered more than 1,300,000 square feet of retail space, introducing to the marketplace major retailers Sears, JCPenney, Dillard’s and Broadway department stores.

Bank of American Plaza - The first Class A office tower in downtown Las Vegas is the 250,000-square-foot Bank of America Plaza and continues to be headquarters for the finest firms in Las Vegas.

Outside Nevada, in Southern California, Irwin Molasky and his business partners created the most renowned golf course and resort community in the world: the prestigious LaCosta Spa Golf Course and adjoining 6,000 acres of resort, residential and commercial properties.

Irwin Molasky and his partners entered the entertainment industry and created Lorimar Entertainment, which produced award-winning television series such as “Dallas” and “Knots Landing” and Academy Award-winning films such as “Being There” and “An Officer and A Gentleman.”

As the Las Vegas population grew, The Molasky Group of Companies built master- planned residential developments, building thousands of single and multi-family homes in the greater Las Vegas area.

Addressing the exponential growth in Las Vegas in the 1980s and 1990s, the Molasky Group developed regional power centers, again introducing new retailers such as Best Buy, Ashley Furniture, Jo-Ann ETC., Bed Bath Beyond, DSW Shoes, and Copeland Sports to Southern Nevada. They also built mixed-use properties such as Westcliff House office park and thousands of quality homes and apartments across the Las Vegas Valley.

In the year 2000, Irwin Molasky and his family continued with its advanced approach to development and teamed up with casino executive Steve Wynn, a man synonymous with building the finest resorts in the world, and changed the Las Vegas skyline with the development of Park Towers. The two 20-story towers include 84 condominium residences, complete with resort-style services. A testament to elegance, luxury and cutting-edge architecture, Park Towers was named by the prestigious Town & Country magazine as one of the top five buildings in the United States.

Through such development entities as High Rise JV LLC, Paradise Corporate Aviation, Molasky Pacific, Westcliff Limited Partnership and Ovation Property Management, the Molasky Group develops and manages highly innovative office, residential and mixed-use properties.

The current company strategy is to work with government agencies to develop public private partnerships. The strategy has thus far created The IRS Headquarters in Las Vegas; the Social Security Administration building; the seventeen story Molasky Corporate Center, a LEED Gold office tower whose tenants include Southern Nevada Water Authority and United States Secret Service Las Vegas field office; the 400 bed Casa Grande Re-entry Facility for the State of Nevada Department of Corrections; and the 1078 bed Clark County Detention Facility.

Currently under construction by the Molasky Group are The National Personnel Records Center (NPRC) in St. Louis, MO, one of the National Archives and Records Administration's largest operations; and four other FBI Divisional Offices throughout the nation (Cincinnati, OH; Minneapolis, MN; and Portland, OR; San Diego, CA).