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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.
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.
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
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.