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Casa Grande Opens Molasky Group Helps Nevada Enter New Era of Correctional Rehabilitation

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Casa Grande Opens Molasky Group Helps Nevada Enter New Era of Correctional Rehabilitation The Molasky Group of Companies Development News Casa Grande Opens Molasky Group Helps Nevada Enter New Era of Correctional Rehabilitation Irwin Molasky escorts Governor Kenny Guinn on a tour of the largest correctional re-entry center in the country. he opening of a correctional rich," said Sheriff Young. "A place GED training, conflict resolution, vic- facility isn't usually a cause like Casa Grande is absolutely neces- tim empathy, financial management, Tto celebrate, but on January sary if these guys are going to have a work readiness, health awareness and 25, 2006, the Casa Grande re-entry life other than that of crime." parenting. center drew a distinguished crowd in- Casa Grande will house up to 400 The goal is to reintroduce offend- cluding the Nevada Governor Kenny offenders finishing their sentences for Guinn, U.S. Representative Shelley non-violent, non-sexual crimes. They Berkley and Sheriff Bill Young. will spend their final three months be- "Casa Grande is absolutely Casa Grande was developed for fore being paroled working, learning necessary if these guys are inmates at the end or their sentences new job skills, advancing their educa- going to have a life other than to have a place where they can start tion, reuniting with their families, and life anew and cut the high rate of learning to avoid the temptations that that of crime." recidivism that not only plagues Ne- sent them to prison in the first place. —Sheriff Bill Young vada's prison system, but those across It is not country club living. Of- the country. fenders are housed in secure, dormi- "If I had a nickel for every time tory-style rooms. There are facilities ers into society with a fighting chance I arrested a suspect who said, 'Man, for dining, visiting, counseling and to stay there and not go back to pris- I just got out of prison,' I would be group rooms for classes like basic on. It's a goal that makes sense on (continued on page 2) The Molasky Group of Companies 702.735.0155 3111 S. Maryland Parkway Fax: 702.737.7025 Las Vegas, Nevada 89109 www.molaskyco.com SPRING 2006 Members of the Molasky Group of Companies and family are joined by state and local politicians and members of the NDOC at the ceremonial opening of Casa Grande. —continued from page 1 the need to build more prisons." many levels, said Nevada Governor "Personally, I am very proud Kenny Guinn. of the project," says Richard S. "The concept behind Casa Worthington, president of the Grande is simple: program those Molasky Group of Companies. who have gone astray to be better "However, almost as important and able to provide for themselves and moving to me is the hard-working their families by providing the op- spirit which everyone had on this portunity to use the skills they have project—the 'can-do' attitude that learned to obtain good paying jobs. prevailed from the Nevada Dept. By doing so, the state will be able to of Corrections, to the Attorney keep costs in check by holding down General's office, the Treasurer's Inmate Stephen Basden got a standing ovation when he told the audience how important Casa Grande is for guys tran- sitioning from prison life to real life. office, the general contractor Korte Co., and Clark County's political leadership, which would typically run for the hills on a project like this. In our business it's rare that everyone would be working so hard, selflessly and cooperatively towards one goal," said Worthington. The hoped-for result will be a win for the offenders, who have a chance to start again; for the community, which will be safer with productive workers replacing petty criminals; and for the state, which will reduce recidivism costs on one end and col- Family friend and congresswoman Shelley Berkley congratulates real estate developer lect taxes from the new workers on Irwin Molasky for stepping up to the plate and making a difference in Las Vegas. the other. # re Executive Team Brings MBA Discipline to Family-Owned Business or more than half a century, "I had a couple of agendas when losophy starts with a focus on "actual the Molasky family has run I came here," said Worthington, who equity" where company holdings are Fone of the most successful has been associated with the compa- turned over more quickly and profits land-planning and real estate devel- ny since 1988. "One was to continue are reinvested in new projects. opment companies in Las Vegas. Led to flourish as a real estate company, "The family tended to hold on to by Irwin Molasky, its real estate for the long- pioneering ventures are term," Worthington legendary—from build- says. "That mind-set ing the Boulevard Mall, doesn't reflect the way the town's first fully en- financial performance closed shopping center, of assets are evaluated to igniting the high-rise today. So the company phenomenon with Park evolved from that." Towers. For example, the Mo- And furthering the lasky Group of Compa- mystique, the company's nies sold 1,700 units of quality and commitment apartments, retail cen- to the community re- ters and older compo- main unsurpassed. nents of its portfolio and Why change the for- started reinvesting the mula? Because the Mo- funds in projects such as lasky Group of Compa- condo conversions and nies' success has been its into some new market ability to keep up with niches such as govern- the times. In 21st centu- ment works—starting ry Las Vegas, that means with the Internal Rev- MBA-style discipline, enue Service building progressive diversifica- and continuing with the tion and other new ways Social Security Admin- of thinking about real istration and Nevada estate development in Department of Correc- this booming but ever- tions—as well as some changing market. "one-off projects" like More specifically it private jet hangars at means that more trust McCarran airport. is handed over to top "As a result of ranking company offi- our refined focus cials whose last name is on opportunistic not Molasky. The stra- strategies," Sher says, tegic "Executive Team" "our investment for the Molasky Group objectives have been re- is comprised of Richard S. Worthing- and the second was to help transition evaluated allowing the company to ton (President), Suzanne Sanders (VP the company from entrepreneurial pursue a broader range and greater Design and Development), and Brad- founder and sole proprietor to the scope of projects. This has helped ley Sher (VP Finance). next generation." increase the volume of our business It's Worthington who is charged The Executive Team has brought quite a bit. We're more efficient and with transforming the family-run a different brand of fiscal discipline this office is now a more professional business into a cutting edge opportu- and professional management into development company." nistic development corporation. the organization. The change of phi- That doesn't mean the handshake up to a dynamic portfolio of com- mercial, residential and mixed-use properties that has a great influence not only in Las Vegas, but Southern California as well. Meanwhile, the land develop- ment pioneer himself—Irwin Mo- lasky, continues as chairman of the board. "Irwin is active in everything," says Worthington. "He thrives on that, he loves what he does and he fosters that in his employees, espe- cially me. He inspires us all." Preserving Molasky's legacy is another key component in Worthing- ton's ever increasing role as leader of intimacy the Molaskys have honed through expansions and contractions. the Molasky Group of Companies. for years is being run out by MBAs So we like to stay lean and mean. He breaks it down into two missions: wielding sharp pencils. One part of That makes it easy to communicate. 1. Continue the tradition of creating the Molasky mission statement seeks You're not just a cog in the wheel a lot of great projects throughout the to foster win-win relationships with around here; you're involved." Las Vegas landscape and 2. Preserve our employees, business partners, That involvement very much in- the legacy of a pioneering company and the community. According to cludes the family, including the four that will thrive longer after the com- Sher, "Finding a core group of em- pany founder is gone. ployees that share the integrity, pas- That legacy seems to grow by the sion and social responsibility that Ir- "You're not just a cog in the month, not just in terms of landing win Molasky has lived his life by was wheel around here; you're major projects but the quality of each important for the Molasky Group to of them—thanks to one aspect that grow as an organization." involved." will never change. From blueprints An important consideration is to bricks and mortar, the Molasky creating good experiences for our —Rich Worthington, Molasky Group of Companies looks to sus- employees whereby they can grow Group of Companies tain its uncompromising tradition of professionally while creating a bal- excellence with a team of topflight ance between work and life. As personnel, award winning designers Sanders notes, "As a lean organiza- Molasky children—Steven, Andrew, and skilled craftsmen. tion we have to sometimes work long Alan and Beth—who are all partners The centerpiece of the "next hours, but everyone within the orga- in the company, each having earned a generation" philosophy will be the nization is committed to achieving distinguished reputation for strategic Molasky Corporate Center, and this our defined goals." land planning and progressive real landmark in the making will fea- The Molasky Group of Com- estate development.
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