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New UNLV housing option expected to help nearby business

Posted: 11:35 AM, Jul 31, 2019
Updated: 2019-07-31 14:42:33-04
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LAS VEGAS (KTNV) — Maryland Parkway is a vital corridor for the Las Vegas Valley, but it's seen better days. The city has been working to revitalize the area.

During construction and slow summer months, businesses like Cheba Hut are seeing a decrease in business.

"Throughout the summer, it's died down a lot. We haven't had as many people, we've been having to cut back a little bit," said Taylor Ekaitis, shift manager at Cheba Hut. "We're hoping when school gets back in it'll liven up and we'll see life back into this place."

News of a new student housing option along Maryland Parkway and Flamingo had businesses excited about the potential for future customers.

The Degree is expected to be home to 760 students, making it the largest student-only apartment complex in the state of Nevada.

The student complex offers modern, fully furnished apartments, a gym, common areas to study, a clubhouse, pool, sand volleyball court, and much more.

"We wanted to build something you could find in other campuses that UNLV is trying to compete with in the southwest," said Eric Midby, CEO of Midby Companies, which developed the complex.

Midby says they cleaned up the surrounding area and cut down on nuisance crimes like loose change being stolen.

"Students have really enjoyed it. Now they have a place where they feel a little bit more comfortable living in the neighborhood," Midby said.

With about 160 students already moved in, hundreds more are expected to join them by late August. Cheba Hut is ready for the extra boost.

"As soon as we heard about it we were super excited because that just sounds like a great opportunity for us," Ekaitis said. "We really feel like it's going to drive business for us and give us an opportunity to create a great experience for all these young people coming in."

Rent ranges anywhere from $500 to $1000 per bed. For more information, head to The Degree's website.