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Monday, April 18, 2005

Platinum High Rise Foundation Work Complete

Take 60 concrete trucks pouring concrete at a rate of 440 cubic yards an hour, then add 50 construction workers plus 17 hours of concrete pouring and what do you get? The 5,300 cubic yard foundation for the 16 story Platinum hotel condo located at 211 E. Flamingo Road, just east of Koval Lane. The Platinum is the first of two luxury high rise condo hotel projects planned by developer Michael Peterson and his company Diversified Real Estate Concepts. The 1.6 acre site will be home to a mix of 255 one and two bedroom units, with completion scheduled for May of 2006. Peterson's other project, Aqua Blue, is located around the corner from the Platinum at the site of the Super 8 motel on Koval Lane.

Because there's no room to store materials on the Platinum site, all of the exterior panels and rebar cages must be prefabricated and delivered to the site. Vertical construction will start after the rebar cages are set for the columns.

With the growing doubt as to which of the over 100 planned Las Vegas high rise projects will actually get built, it looks like the Platinum is one that's definitely moving forward. Let me know if you'd like reservation or pricing information.

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