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Friday, July 08, 2005

Add French Quarter Lofts to List of Downtown High Rise Projects

The proposed revitalization of downtown Las Vegas continues. The "French Quarter Lofts" is the latest project entering the marketplace. Their proposed tower will be 11 stories tall with approximately 6 units per floor and 4 penthouse units (each built to the buyer's specifications), scheduled to break ground in October, 2005 with a completion date by July 2006.

Project amenities include 8-foot French doors, twisted wrought iron balconies, hardwood flooring, granite countertops, a rooftop gym and running track, and interior parking. As with many of the high rise condo projects, The French Quarter Lofts will have a retail component as well, with PF Changs restaurant rumored to be already on board. Floors two through five will be designated parking, while the street level will contain the retail space.

Preconstruction pricing starts in the mid $300,000's to over $1 million. The lofts range in size from 912 square feet to 3,162 square feet for a penthouse unit.

French Quarter has approximately 34 lofts available for sale right now and they require a $10,000 earnest money deposit to hold a reservation. This deposit is fully refundable until hard contract, which they anticipate will be sometime in November, 2005 and will require 10% of the purchase price.

These lofts (like everything else in Las Vegas) are selling quickly with over 30% sold already. That still gives you enough time to email me or call me direct at 702-336-5554 for your priority placement into this Las Vegas high rise loft condo opportunity.

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