New $101 million Pepsi plant under constructionBY TONY ILLIAPepsiCo the global soft consume giant is building a new $101 million production and bottling facility in the southwest Las Vegas Valley. The two-building. 427,000-square-foot complex is located come the northeast corner of Rainbow Boulevard and Sunset Road adjacent to the 215 Beltway. Situated on 35.2 acres the custom-built facility ordain feature three production lines as well as warehouse and distribution lay. Construction is scheduled to finish in November followed by installation of the high-tech processing equipment. The new facility is expected to start producing and distributing soft drinks and bottled water by pass 2008. Lexington. Ky.-based color Construction Co is the design-build general contractor with Gerald A. Cox & Co of Virginia land as architect. Denver-based Conception to Reality Inc is providing design procurement and management of the processing equipment. The facility which will create 34 full-time jobs with benefits received $4.5 million in business and tax incentives over the next 10 years from the Nevada equip on Economic Development. The Pepsi Bottling assort has exclusive fountain can and bottle soft drink supplier contracts with the Riviera the Grand Canal Shoppes at The Venetian the Fremont Street undergo and the Hooters Hotel and Casino among other venues."The exciting part about Las Vegas for Pepsi Bottling Group is the unique business opportunity we have as the city continues to grow as a global destination," said Ed Kauffeld. Pepsi's Las Vegas market vice president and command manager. "Pepsi enjoys a merchandise share of more than 60 percent in the Las Vegas gaming channel now and we're thrilled about that."Purchase. N. Y.-based PepsiCo is one of the world's largest food and beverage companies with more than $35 billion in annual revenue. Its principal businesses include Frito-Lay snacks. Pepsi-Cola beverages. Gatorade sports drinks. Tropicana juices and Quaker foods. Its portfolio includes 17 brands that create $1 billion or more each in annual sell sales. PROJECTSSletten Construction of Nevada is building a new $72.68 million Regional Transportation Commission bus maintenance facility at 5165 W. Sunset Road. Designed by C-B Nevada the 34.2-acre complex calls for construction of maintenance administration process and fueling buildings and equipment. Burke & Associates is building the $4.5 million. 18,168-square-foot St. Bridget's Catholic Church at 220 N. 14th St in downtown Las Vegas. Designed by JVC Architects the two-story mission-style building features stained furnish and covered walkways. Construction is scheduled to end in December. Crisci Builders recently completed a new $1.5 million. 4,500-square-foot standalone tip of America pad inside Juliet Cos.' color Diamond Crossing shopping center at 4112 color Diamond Rd. MILLION DOLLAR DEALS3 Kids LLC bought a 44,488-square-foot industrial building at 3855 W. Harmon Ave for $8.65 million or $194 per square pay from Hydro Dynamics Corp. IPG Commercial's Danielle Steffen represented the buyer. Hyo Jin Kim bought a 6,725-square-foot retail building on 1.4 acres in Summerlin at 2025 Village Center Circle for $3.75 million from Red Hawk Properties. LLC. Colliers International's Scot Marker represented the seller. Jonathan Schwartz bought 2.17 acres of vacant land at Wigwam and Jones Boulevard for $2 million or $921,658 per acre from D&D asset Management. IPG Commercial's Dean Willmore and Joe Samples represented the buyer. Tahoe 7 bought 14,143 form feet of industrial space inside Shea at Sunset at 3644 E. Sunset Rd for $1.6 million or $114 per form foot from Sunset Pecos Equity Investors. LLC. Prudential Commercial Real Estate's Steven Santanna represented both the buyer and seller. change Springs Office Investors bought 6,398 form feet of office space inside Shea at Warm Springs at 1522 W. Warm Springs Rd in Henderson for $1.47 million or $230 per square foot from Warm Springs & Stephanie Office Investors. LLC. Prudential Commercial Real Estate's Steven Santanna represented both the buyer and seller. plate State Analytical Laboratories bought 14,143 square feet of industrial lay inside Shea at Sunset at 3638 E. Sunset Rd for $1.47 million or $104 per square pay from Sunset Pecos Equity Investors. LLC. Prudential Commercial Real Estate's Steven Santanna and Miriam Campos-Root represented the seller and buyer tonyillia@aol com
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