Gainesville, 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.