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2025 ULI Fall Meeting 2025 ULI Fall Meeting
, November 04 – 06, 2025

Unpacking Construction Costs: Navigating Las Vegas’s Mega-Projects

Tue Oct 29 9:00 AM — 10:00 AM (GMT-05:00) Eastern Time Resorts World Las Vegas - Level 2, Jasmine AB
This session will delve deep into the complexities of managing costs within the high-stakes world of Las Vegas mega-projects. With a focus on the unique challenges posed by the city's rapid development, industry experts will share insights into cost escalation trends, labor shortages, and innovative strategies for delivering projects on time and within budget. From the unique perspectives of a leading general contractor and a seasoned developer, attendees will gain valuable insights into the challenges and opportunities presented by the city's ambitious building projects. From the complexities of mega-projects like the Sphere to the day-to-day struggles of securing labor and materials, this panel will provide actionable insights to help you navigate the current and future market landscape. Discover how to mitigate risks, optimize costs, and ensure project success in an increasingly volatile construction environment.

Speakers

Moderator

Cumming Management Group, Inc.

Trevor Shulters is a seasoned construction industry professional with over 18 years of experience and has dedicated his career to managing the commercial facets of construction projects worldwide. As a Managing Director at Cumming Group, he leverages his expertise in real estate development, design, and construction to oversee commercial management services throughout the Southwestern United States.

 

Throughout his career, Trevor has collaborated with owners, designers, and contractors…

Panelist

Vice President - Preconstruction The Penta Building Group

Chris is an Owner and Vice President of Preconstruction for The PENTA Building Group. With over 25 years of construction industry experience – 22 at PENTA – Chris oversees the Preconstruction, Marketing, and Virtual Design & Construction departments for Nevada, California, and Arizona. He manages all aspects of preconstruction, from developing estimates to coordination with Owners, design consultants, and trade partners. His firsthand knowledge of…
Panelist

Vice President of Gaming Suffolk Construction

Chris Creasey is the Vice President of National Gaming, responsible for leading Suffolk's operations in the gaming sector and driving business development efforts for gaming projects nationally. Chris has worked on many iconic hospitality and gaming projects around the country, including Pechanga, Mohegan Sun, Seminole Hard Rock, Chumash, Barona, Thunder Valley, Graton, CityCenter and Cosmopolitan to name a few. He has more than 30 years…
Panelist

Chief Construction Officer LVXP

Nick Tomasino, who oversees all construction operations for LVXP, has a proven track record in managing large-scale developments. He most recently led the construction of the Sphere in Las Vegas, a groundbreaking and iconic entertainment venue known for its state-of-the-art technology and immersive experiences. The Sphere has set a new standard in entertainment architecture, showcasing Nick's ability to deliver projects that push the boundaries of…