The latest high rise project slated for the downtown area is Seattle-based Northwest Resource Management Group's Cielo Vista Condominiums. This 25 story tower with 414 loft-style units sits on almost 3 acres at East Washington Avenue and Veterans Memorial Drive, one block from Las Vegas Boulevard and ten blocks from Fremont Street.
Preliminary plans for Cielo Vista call for condos ranging from 1,000 to 2,000 square feet and priced from $295,000 to the upper $500,000s.
The first floor of the project will have 32,000 square feet of retail. Above that will be six floors of parking and 18 floors of residential units. One, two and three bedroom condos will be available.
Escrow on the $1.2 million land deal has closed and construction will start late this year with completion anticipated for early 2007. MWT Ofra of Las Vegas is the design architect.
The project is generating plenty of industry buzz lately and a $5,000 refundable deposit is required for reservations. Contact us if you need further info on this project or others. From what I've been hearing, I'm almost certain that this project will obtain approval from the Las Vegas planning commission.
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