Senator Reid Cuts Ribbon at New Property


U.S. Senator Harry Reid (D-NV) cut the ribbon at a ceremony marking completion of the 10,000 square foot office and distribution facility for specialty pharmacy Catamaran and Briova Rx at the UNLV/Harry Reid Tech Park on Tuesday June 30, 2015. As the first building at the tech park, it is expected to pave the way to future development.

Real estate developer, The Molasky Group of Companies, and general contractor, Martin Harris, started development in November 2014, putting more than 200 construction workers to work.

The $42 million facility will have a major economic impact as Catamaran/Briova moves into this facility and starts operations. More than 350 people will become gainfully employed in quality jobs such as pharmacists, technicians and customer service representatives who average about $23/hour.

Catamaran’s local contract customers include Clark County Self-funded and Social Services, Culinary Health Fund, MGM International Resorts, Cirque de Soleil, as well as the following groups for the State of Nevada: Medicaid, Aids Drug Assistance, Health Co-Op, Mental Health and Development Services, Senior-Disability Rx Program and Public Employees Benefit Program.

The development is a prime example of a public private partnership between the State of Nevada, the University and many businesses, demonstrating that Nevada and Clark County are open for business.

The new facility fits into the larger scheme of diversifying our economy through the medical and healthcare industries. It is expected to be an employment pipeline for UNLV and an opportunity for workforce development through internship programs.

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Green becomes gold

Although it may not be obvious from the outside, one of the healthies, most energy- and water-efficient buildings in Las Vegas is at the north end of Symphony Park overlooking the Spaghetti Bowl.

The building is the Molasky Corporate Center and was the first “green” office building in Las Vegas to be certified by the U.S. Green Building Council under its Leadership in Energy &Environmental Design, or LEED, certification process with a gold rating.

That pioneer developer Irwin Molasky built this innovative building should surprise no one. The Molasky Group of Cos. patriarch pioneered many firsts in Las Vegas, such as the first enclosed mall, the Boulevard Mall; first major hospital, Sunrise Hospital and Medical Center; first high-rise condominium, Regency Towers; the first master-planned community, Paradise Palms; and the first high-rise office building, the 17-story Bank of America Plaza. He also developed the state’s first hospice, Nathan Adelson Hospice.

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The time for reshaping Nevada is here

At the Molasky Group of Cos., we pride ourselves on being able to peer beyond the horizon and prepare for the future.

We brought some of the first office and retail space to the western valley. Our Park Towers project sparked interest in luxury high-rise living in Las Vegas. The LEED-certified gold Molasky Corporate Center pioneered green construction in Southern Nevada and helped begin downtown’s remarkable renaissance.

For the past several years, much of our work has been out of the market developing nine-figure federal projects, including four of the largest FBI facilities ever built. Our reputation for quality, on-time, on-budget work allowed us to pursue opportunities across the country

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Molasky Strikes FBI Gold Again

The first quarter has been a busy one for real estate development and management firm Molasky Group of Las Vegas.

PH Milwaukee LLC, an affiliate of Molasky Group, bought the former headquarters of St. Francis Hospital for $12.75 million with plans to convert it into the Milwaukee-area offices for the Federal Bureau of Investigation, according to a report by the Journal Sentinel.

The 78,000-square-foot building, located at 3600 S. Lake Drive in Milwaukee, was sold by Lake Drive Ventures LLC.

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Catamaran Tilt-Up

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Signs of life emerge at UNLV’s long-dormant technology park

For the first few years of the Harry Reid Research and Technology Park’s existence, the only visible sign of development was the tastefully manicured entrance wreathed in agave plants, golden barrel cacti and a stylish welcome sign.

Until now, that welcome sign didn’t lead to much. Since the recession’s credit crunch put a stop to significant portion of investment in the valley, the 122-acre site on Sunset Road and Durango Drive is the same desert lot it has been since the county land was acquired by UNLV in 2005.

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Irwin Molasky Recieves Lifetime Achievement at USGBC Nevada Green Gala Leadership Awards

irwin-molaksyReal estate developer Irwin Molasky is the recipient of the U.S. Green Building Council — Nevada Chapter’s lifetime achievement award. The award was presented at the USGBC Nevada Green Gala Leadership Awards in December 2014. Molasky’s storied career has gone from garage conversions in 1950s Las Vegas to developing nine-figure LEED-certified buildings nationwide today. He pioneered sustainable construction in Nevada with the Molasky Corporate Center, the first LEED Gold-certified office tower in Las Vegas and a catalyst for downtown redevelopment.

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Irwin Molasky Honored at Riverside Military Academy

325_IMG_2500_248Gainesville, GA – Irwin Molasky, a Las Vegas, Nevada resident, is considered one of the most prolific real estate developers in the country. He has been selected as 2014 Distinguished Alumnus for Riverside Military Academy (RMA) in Gainesville, GA.

Founded in 1907, RMA is a college preparatory academy for young men in grades 7-12 with a Corps of Cadets consisting of 480 cadets from 24 countries. Molasky is a 1945 graduate of Riverside and will be honored at the Academy’s Homecoming October 24-25 in Gainesville, GA.

Molasky credits the principles and discipline instilled upon him at RMA with his success in his long and varied career. During his senior year, he was valedictorian and president of the RMA Horton Society.

He received an appointment to the U.S. Naval Academy, but instead spent one year at Ohio State before moving to southern California to construct buildings. He was drawn to Las Vegas in 1951 to take advantage of construction opportunities and the city’s potential for growth. The majority of Molasky’s work is in California and Las Vegas, and his mark can be found in all aspects of design and development from residential to office buildings, malls and shopping centers, commercial, healthcare, aviation, hospitality, multifamily and mixed use.

Molasky and business partner Merv Adelson built the city’s first private hospital, Sunrise Hospital Surgical Center and Medical Center; the area’s first master-planned community, Paradise Palms; and the city’s first high-rise office building, Bank of America Plaza. Their work also includes the state’s first and largest enclosed shopping mall, Boulevard Mall.

Molasky and Adelson were key to the development of the University of Nevada, Las Vegas. Molasky later formed and became the founding chairman of the UNLV Foundation. They also created The Nathan Adelson Hospice where Molasky continues to serve on the board of directors. Molasky was also co-founder and served on the board of directors of Lorimar Entertainment, a conglomerate of television, broadcasting and print media.

Molasky, 87, continues to work daily from the 17th floor of the prominent Molasky Corporate Center, Las Vegas’ first and largest LEED certified Gold building. In the past five years, the company has focused on building federal projects, including the National Personnel and Records Center for the National Archives in St. Louis, which houses all military records. His company has also designed and built five FBI buildings across the United States.

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Molasky Group Supports Las Vegas Metro Police Foundation

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Catamaran Ground Breaking

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