This week, Ira spoke with Mike Nigro, one of the principals of Nigro Construction, which specializes in non-gaming construction in Las Vegas (including hotels and taverns). Its current project, just completed, is the extended-stay hotel, TownePlace Suites by Marriott®, located in North Las Vegas. In this episode of Talk About Las Vegas, Mike talks about the history of the company as it grew over the decades; finding a non-gaming niche in the valley; why the company both owns and operates its limited-service hotels; why location is key; how the company looks for pockets in the valley that have built-up demand, but limited supply; and how taverns are a different business model.
Michael grew up in a household where the idea of building went far beyond kids’ toys. With his father Edward M. Nigro having created Nigro Associates in 1979, Michael, along with brother Todd, learned the ins and outs of the business being by their father’s side and now sit as principals of Nigro Construction, Nigro Development, and multiple other business extensions.
Having started as an Assistant Superintendent in 1986, he held multiple positions in Nigro Associates before becoming President of Nigro Construction in 1999 when the company secured its general contractors license.