Irwin Molasky is considered one of the most prolific real estate developers in the country. He is credited with playing a significant role in the phenomenal growth of Las Vegas, helping to create a city with a sense of community. These accomplishments set the stage for The Molasky Group to build on a national level, with the company today building large-scale projects across the nation for agencies and companies with exacting standards in terms of mission, efficiencies and work-force dynamics.
He is responsible for the city’s first private hospital, the 688-bed Sunrise Hospital Surgical Center & Medical Center, which now has 28 operating rooms and a nationally renowned neo-natal unit; Paradise Palms, the area’s first master-planned community, which captured national honors; seven golf courses and their communities; thousands of apartment units; the first high-rise office building in downtown Las Vegas, Bank of America Plaza; and designed and developed the state’s first and largest enclosed shopping mall, the 1,350,000-square-foot Boulevard Mall. In addition, Molasky brought many new nationally known “big-box” retailers to Nevada such as Best Buy, Borders Books and Barnes & Noble.
He ignited the luxury high-rise condominium market with Park Towers at Hughes Center, which Town and Country named “one of the five best buildings in the United States.”
The Molasky Group set the tone for sustainable development with Las Vegas’ first and largest LEED certified Gold building, the 17-story Molasky Corporate Center, home to the Southern Nevada Water Authority. The company has since completed or is under construction on nine LEED Certified, Gold and Silver buildings for the Federal Bureau of Investigation, National Archives & Records Administration, and US Department of Veterans Affairs.
A true community leader and entrepreneur, Molasky has made a number of influential contributions to Nevada, including building the state’s first hospice, The Nathan Adelson Hospice, that serves the terminally ill and their families, regardless of their ability to pay. He and Merv Adelson were key figures in the development of the University of Nevada, Las Vegas through a donation of 45 prime acres of land at Flamingo Road and Maryland Parkway. Molasky also helped to locate McCarran International Airport at its current site and assisted with the land purchase for the Las Vegas Convention Center.
In 1981 Molasky formed and became Founding Chairman of the UNLV Foundation, which to date has raised more than $1B to provide support for students and faculty. He served on the Board of the Future for the National Judicial College in Reno.
Molasky was a founder and served as an Officer of the Board of Directors of Lorimar Entertainment, a conglomerate of television, broadcasting and print media.
Molasky is featured in the book “The First 100,” the Review-Journal’s award-winning collection of biographies profiling 100 people who shaped Southern Nevada. He has been honored by the Lied Institute for Real Estate Studies and inducted into the Nevada Business Hall of Fame. In 2009, the University of Nevada, Las Vegas, conferred upon him the honorary degree, Doctorate of Humane Letters. He is the recipient of the Distinguished Alumnus honor by Riverside Military Academy in Gainesville, Ga, a Lifetime Achievement Award from the United States Green Building Council/Nevada Chapter and an inductee into the Las Vegas Golf Hall of Fame.
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