The number of old buildings in Las Vegas is about to skyrocket, report says

The number of old buildings in Clark County is going to dramatically increase over the next decade, according to a new study.

Approximately 80,608 additional buildings in the valley will be 50 years or older within the next 13 years, according to a new study from UNLV’s Lied Center for Real Estate. That number represents a 109.4 percent increase in the total stock of old buildings that are more than half a century old.

That’s significant because buildings that are 50 years or older generally require a higher degree of renovations and are considered for demolition at a much higher rate because of deteriorating materials, said Shawn McCoy, director of the Lied Center for Real Estate and author of the study.

“Las Vegas is a town that grew up rather quickly,” he said. “Accordingly, it is a