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Wednesday, September 21, 2005

Sky Las Vegas High Rise Condos Going Vertical

It took 45 trucks to deliver the 5,000 cubic yards of concrete that went into pouring the 15-foot foundation on the $325 million, 45-story Sky Las Vegas high rise condo project located on the north end of the Las Vegas Strip. Now the project's experienced developers plan to move vertical at a rate of a new floor every four days once the project reaches its deck rotation at the fifth floor.

The foundations and supporting underground systems for the retail area and parking garage are under construction and the first elevated deck is complete. That's obviously good news for the lucky people who already purchased into the project, most of whom purchased their units as future residents, not investors and are already seeing significant appreciation in their units. With the project approximately 80% sold, there's still time to secure one of your own at excellent price points for a luxury condo on the strip.

With the usual list of luxury amenities, the only conclusion you can draw is that Sky Las Vegas has the potential for excellent high rise condo ownership on the strip. So let's recap:

1) Strong development team including Aaron Yashouafar, (CEO of Milbank Real Estate Services in Los Angeles), David Pourbaba (a Southern California real estate investor), and general contractor M.J. Dean Co.

2) Attractively priced for a high rise condo located directly on the Strip with strong appreciation projected into the future.

3) Solid list of amenities

4) AND IT'S CURRENTLY BEING BUILT!!!

Sky Las Vegas is anticipating a December 2006 completion, but remember there aren't a whole lot of units left. Contact me to see if there's one that's right for you to live in. Come 2006, you'll be a happy high-riser!

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