Club Renaissance Announces Special Sales Event to Reserve Their Las Vegas High Rise Condos

Here's your invitation to the long awaited and highly anticipated private sales event for the Club Renaissance, which is poised to become one of the best affordable luxury high rise condominiums in downtown Las Vegas.

This is basically as ground floor as you can get in terms of pricing where the developers will offer the lowest pre-construction pricing before opening to the public, but in order to attend, you must RSVP. You can do so by following this link and clicking the link for "pre-registration".

I believe this project works for a number of reasons, the biggest of which is its price-points. The project has Las Vegas locals in mind and is being targeted to those who want a Las Vegas high rise lifestyle without spending Cosmopolitan-type money.

Register for this professionally planned and staffed event, which I'm sure will prove to be very unique, visually spectacular, and quite informative. If you like what you see, you'll be able to place a fully refundable deposit of 2.5% of the purchase price of your desired unit. I don't know exactly what the pricing structure is, but compared to other high rises in town, I think you'll be pleasantly surprised.

This project will sell out quickly, I'm sure. So don't miss your chance to own a piece of downtown at the best prices you'll get. I'm telling you - register and go to this event, if only for the complimentary champagne and delicious hors-d'Oeuvres they'll be serving.

Not All Las Vegas High Rises to be Built?... No!

There's a big story out of the Las Vegas Review Journal today where a Los Angeles financial executive stated that less than 20 percent of the proposed Las Vegas high rise condos will ever get built. And this is news? We've been saying that for awhile now, as has just about every industry expert.

David Rifkind, prinicipal of GSP Rifkind Capital Advisors states that even developers who have the financial and technical resources will have trouble finding general contractors willing to take on such lofty projects. And he's right, unless those developers are named Turnberry, MGM, Maloof, or even Trump.

That's why it's so important to get into the right project. And what defines the "right project"?... it means one that will actually get built. Trust me on this one - it doesn't matter what phase you get in on as long as everything about the project is strong. Remember 10% of something is better than 100% of nothing. I'll take Tower III of the MGM Residences in any phase over phase 1 Aqua Blue anyday.

With more than 175 residential towers comprising 47,500 luxury high rise condo hotel units in the works, it's easy to get overwhelmed with each project's hype. And while many high rise developers have shown excellent marketing expertise, the ones who have the technical knowledge required to successfully deliver the product remains to be seen.

We're here to help you make that choice. Take your first step to Las Vegas high rise condo hotel ownership by filling out our high rise form and you'll be well on your way towards that top 20%.

Groundbreaking Ceremony Set for Allure High Rise Condo

The Allure Las Vegas Condo project, consisting of 2 40-story high rise towers located at Sahara and Fairfield, has scheduled their groundbreaking ceremony for this Wednesday, September 28.

Groundbreaking's always a good sign, and in this case showcases the strengths of the project's developers, The Fifield Cos. out of Chicago.

Attend the event... have fun... and be witness to the next high rise project that will definitely happen in this town. Oh, and did I mention there was still time to get into this high rise project at preconstruction prices? Let me know if you're interested.

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!

Mandarin Oriental to Manage CityCenter's Anchor Hotel

It sounds like the name of the newest restaurant in town, but instead, the Mandarin Oriental Hotel Group is the name of the prestigious group that will manage the MGM Grand's $5 billion Project CityCenter's anchor hotel. Their goal is to make the hotel "Bellagio-like", creating a more intimate vacation destination than a 4,000-room hotel-casino can presently offer.

The Mandarin Oriental, currently operating 22 luxury hotels in 17 countries, is one of the pre-eminent worldwide hotel brands and will be a great addition to the Las Vegas inventory because of their ability to attract upscale visitors from Asia and Europe.

CityCenter represents the next major transformation of Las Vegas into an urban environment and will be a critical component for future growth in the Vegas valley. It's going to add to Las Vegas' impact on the world like no other project possibly could. Managing this largest single privately financed construction project in U.S. hisgtory will prove to be a major challenge, including parking and traffic disruption issues on the Strip. In fact, traffic flows were actually analyzed in order to produce a design that minimized disruptions for the MGM Mirage and the community with two primary automobile entrances on two sides, one at Harmon Avenue, and another from the Strip with building materials being brought in along Harmon Avenue and Frank Sinatra Drive.

CityCenter will also have 18,000 parking spaces, all close to individual properties and hidden from view. Plans also call for a people-mover connecting to the monorail through the Mandalay Resort Group properties south of the project which will eventually connect through Caesars with a people-mover at the Mirage and Treasure Island sites.

The idea is to create an urban transit-type of transportation system and a forward-looking urban project, not just transportation and hotel rooms, but with all the elements of modern urban living.

In addition to the architectural group of Ehrenkrantz Eckstut & Kuhn, the roster of architects working on CityCenter also includes Cesar Pelli and Associates, Cesar Pelli, Rafael Vinoly Architects, Kohn Pedersen Fox Associates, Adam Tihany and Sir Norman Foster with Gensler acting as executive architecture firm overseeing the overall design of CityCenter. Tishman Construction Corp. is the executive construction manager, Perini Corp. is the general contractor and the Light Group, which operates the Light nightclub and Fix restaurant at Bellagio, will operate a second boutique hotel.

Details of the 400-room Mandarin Oriental project will be announced after the final negotiations on the management contract have been completed. Construction on the project, which is expected to start in four or five months, should take 40 more months to complete. In addition to the Mandarin Oriental, the completed project will include a 60-story, 4,000-room hotel-casino, 500,000 square feet of retail space, a second 400-room, nongaming boutique hotel and two 500-unit condominium high-rises.

So what do we take from all this? Most importantly, MGM Grand continues to do everything right. And it's becoming more and more clear that if anyone will be successful in generating new visitors and condominium purchasers to the Las Vegas market, MGM Mirage has the resources and talent to do it with their CityCenter and Residences projects. You'd be very wise to look into the Project CityCenter highrises with great anticipation and get in on the interest list right now by contacting me immediately for more details.

MGM Mirage to reveal Project CityCenter High Rise Condo Hotel Details

Folks, this is huge news! Please read this article that was printed in the business section of Thursday's Las Vegas Review Journal and contact me if you're interested in getting on the interest list that's forming for these high rises.

I hate to sound like a broken record, but if you feel like you've missed out on some of the best Las Vegas high rise condo hotel opportunities in town, Project CityCenter will make it all up to you. It's that good...

Further Proof the MGM Residences is your Best Las Vegas High Rise Condo Hotel Option

Excavation has begun three months earlier than planned for the third and final 40-story condo hotel tower at the Residences at MGM Grand, a joint-venture project between MGM Mirage and Turnberry Associates.

I've said time and time again that the people involved in bringing you this project know what they're doing, and actually being ahead of schedule in such a crazy Las Vegas condo market speaks volumes. The first tower broke ground in January 2004 and sold out in 90 days. With construction on that tower scheduled for top off this month with completion in mid-2006 and with the second tower already sold out and currently under construction, do you really need further proof that this project is your best bet for high rise condo hotel ownership in Las Vegas?

This project will happen AND it makes cash-flow sense. The towers are being built on 20 acres in the northeast section of MGM Grand's 116-acre property located near Koval Lane and Harmon Avenue with an enclosed moving walkway that will connect the Residences with the MGM Grand hotel.

The project will generate $1.2 billion in sales. Although up to 6 towers can be built on the entire site, no plans have been made beyond the three condo-hotel towers. The good news is there's still time to get in on Tower 3, so don't wait any longer for ownership in the best condo hotel Las Vegas has to offer and contact me today.

Newport High Rise Condo Lofts Announces VIP Final Sales Release

The Newport Lofts high rise condo project has just announced their exclusive last chance opportunity to get into the their new high rise condo located in Downtown Las Vegas and the Arts District.

They have held back some of what they consider their best loft-style residences especially for this VIP Final Sales Release where you have one of the first opportunities to purchase before these units are made available to the general public, which is scheduled to be held on October 20th, 2005.

This new VIP Final Sales Release will open on September 22nd, so please contact me if you're interested in being included in this release.

The Wait's Almost Over for Juhl High Rise Condo Lofts

Over the weekend, I received a notice from the people over at the Juhl Las Vegas high rise loft condominiums. It looks like we won't have to wait much longer for pricing and reservation information as they hope to have it all in the next week or two.

I'm predicting that the price points for these condos will come in much lower than the other projects in town. What that means for you is if you've always wanted a Las Vegas high rise condo, but don't have the $700-800k that the higher end ones are commanding, then this may be the project for you.

Now obviously it's still too early to determine the feasibility of this project, but after Juhl and their parent company City Mark Development come out with price data, my gut feeling is that this (along with the Club Renaissance project) will definitely be worth looking into. In the meantime, I urge you to contact me to get on their reservation list while it's still forming - It can't hurt to get on the list, and if the price-points are to your liking, you'll be in a good position to purchase an excellent unit of your choice. And if you don't like it, no harm done.

MGM CityCenter Project to Cost $5B

How much of that would you like?

MGM Mirage next week will reveal the design for its massive CityCenter development proposed for 66 acres on the Strip between Bellagio and Monte Carlo. This week, it said the $5-billion project would be the largest privately funded project in the history of the US, according to its consultants' research.

MGM Mirage’s board or directors signed off on the project in November. The project is slated to include a 4,000-room casino-hotel, three 400-room boutique hotels, 550,000-sf of retail, dining and entertainment facilities and 1,650 units of for-sale housing, including luxury, hotel-condo and timeshare components.

The design and permitting phase is expected to take an additional nine months to complete. The construction of the first phase of the complex will take approximately 42 months with an opening anticipated in late 2009.

MGM says it will partner with residential developers, hotel operators and retailers in financing and operating the project. The initial phase is expected to create 7,000 construction jobs followed by 12,000 permanent positions. Further phases are envisioned over time on contiguous company-owned land.

MGM engaged three urban planning firms to create competing master plans for the site. After an eight-month process, the board selected the master plan design of Ehrenkrantz, Eckstut and Kuhn Architects, a New York-based firm known for master planning both Battery Park City in New York City and the Baltimore Inner Harbor East in Maryland. The project design will be revealed at a press conference scheduled for 11 a.m. next Thursday, September 15, in the Bellagio Grand Ballroom.

W Hotel High Rise Coming to Las Vegas

It's official - The "W Hotel" is coming to Las Vegas.

Edge Resorts has entered a joint venture with Starwood Hotels and Resorts and will be a 75 percent owner of the Las Vegas W hotel, while Starwood will own the remaining 25 percent and manage the hotel.

The project, intended to be a flagship for Starwood, will consist of more than 3,000 rooms and condos, a 75,000 square foot casino, and about a dozen restaurants and upscale clubs.

The hotel will be constructed at the corner of Harmon Avenue and Koval Lane, just behind the Aladdin (soon to be the Planet Hollywood) and MGM Grand, and right next door to the massive Hard Rock Hotel and Casino expansion.

Condo hotel and residential units will go on sale sometime in mid-October priced from approximately $550,000, and offering a combination of poolside cabanas, studios and one and two bedroom condominiums all attached to the W hotel.

This will be the W brand's first project to include a casino. Construction should start in early 2006 and expected completion is in 2008. Contact me now to be placed on the priority list for the "W Hotel" project. This is about as close to ground floor reservations as they get!

Las Vegas Makes for Excellent High Rise Location

In the aftermath of the devastating hurricane that hit New Orleans last week comes an interesting article in today's Las Vegas Review Journal titled "Despite Warnings, Americans Crowd Coasts". The author goes on to mention how scientists and environmentalists have cautioned for years that the nation's coast-line is becoming dangerously overbuilt as high-rise condominiums and sprawling beach homes have proliferated in areas such as Miami and Mississippi that are subject to severe weather catastrophes.

I wonder why it took so long for the high rise condo hotel frenzy to hit the Las Vegas market! In Las Vegas, it hardly rains, the weather's almost perfect for the young and retirees alike, there's never any hurricanes, a severe earthquake is highly unlikely, you'll never see flooding to the extent of the New Orleans tragedy, you avoid the tornadoes you see in the mid-west, you'll never freeze, and you can't beat the state tax situation!

Sure you don't get the beaches, but living in a Las Vegas high rise condo hotel will get you amazing views of the City of Lights in addition to breathtaking views of the mountains, without the fear of Mother Nature lashing out on you.

Don't wait any longer to explore the Las Vegas high rise market.

Living in Las Vegas ... priceless!

Las Ramblas is Las Vegas' Newest High Rise Condo Hotel Preconstruction Project

Remember we mentioned before that the Related Group, Developers of ICON Las Vegas, had a big announcement in store for the near future? Well, the near future is now: Related and Centra Properties of Las Vegas have teamed with actor George Clooney and Scott & Rande Gerber to build a unique urban village called Las Ramblas which will consist of 11 separate buildings and 150,000 square feet for commercial use such as shopping, restaurants, etc.

Located east of Las Vegas Boulevard in between the Hard Rock Expansion and the site of Starwood's proposed "W" hotel-condominium on the corner of Harmon & Koval, the high rises - called "The Gateway Towers" - are being designed by the award winning architectural firm, Arquitectonica, and will be built in front of the Las Rambles community. Reservations are currently being accepted for the east Gateway Tower for 1, 2, and 3 bedroom units. 344 condos comprise the 42 story tower with the first 6 floors being parking and retail related.

Building amenities include 24-hour valet, covered parking, a swimming pool, a full-time concierge staff, and priority access to the hotel, spa, gourmet dining and casino. In addition, housekeeping services will be available as well as an on-site fitness center.

The fully-furnished hotel condo units, measuring 880 square feet to 1,910 square feet, feature 9ft, 6" ceilings, wall to floor ceiling windows, spacious walk-in closets, and of course will have the latest in technology including state of the art touch screen and plasma TVs, high speed internet, data/voice, and satellite access. The European style kitchens will feature granite countertops and appliances and the bathrooms will include marble flooring and countertops with custom designed vanities and walk-in marble showers (including a spa tub in the master bath).

A 10% deposit is required at contract in November 2005 and a further 10% at ground breaking in early 2006, with completion estimated to be sometime in mid 2008. When completed, Las Ramblas will span more than 4,400 condo & hotel units in nearly 8 million square feet. Reservation deposits for the residences at The Gateway will start at $30,000 for a one bedroom unit, $40,000 for the two bedroom units and $50,000 for the three bedroom units. Reservation deposits for the condo hotel units will start at $25,000 for studios, $50,000 for one and two bedroom units, and $100,000 for penthouse and bungalow suites.

With 300 hotel units, 2,764 condos, 1,326 condotel units and 19 bungalows, you're certain to find something that meets your investment criteria before the project's first phase is complete in early 2008. Then again, we haven't talked prices yet. In the meantime, for priority placement into this project, please contact me. Whether you like George Clooney or not, anything the Related Group is associated with is worth looking into further.

French Quarter Lofts 50% Sold Out

The French Quarter Lofts are already 50% sold out. The loft project will be located a 1/2 block east of Las Vegas Blvd - about 2 blocks from the new courthouse in the heart of the lawyer district in downtown Las Vegas.

The project consists of 34 lofts ranging in size from 912 to 2,464 square feet with the lowest price-tag now at $411,900 for a 945 square foot loft on the eight floor. (that runs about $435 per square foot, which is actually pretty good in this market at this time.)

The lofts include 8 foot french doors, flower lined balconies, twisted wrought iron, hard wood floors, slab granite counter tops, travertine tile in the bathrooms, 11'8" ceilings, category 5 wiring, double ovens, and direct elevator access to some lofts.

The building will have 2 elevators for the 34 units along with a rooftop running track, a swim spa, and a fitness center, with parking on the 2nd and 3rd floor including residential parking on floors 4 and 5.

If you want to get on their reservation list, they require a $10,000 refundable deposit made out to "Old Republic Title" to reserve a unit and they anticipate going to contract in January of 2006 with the remainder of the 10% downpayment. So that gives you some time to decide whether to move forward or not. They anticipate project completion in the fall of 2006.

If any of this sounds good to you, let me know and I'll get you info on the specific units they still have available.

Club Renaissance High Rise Condo Update

For those of you considering the "Club Renaissance" project, here is a quick overview of the features and amenities you can expect from this 60-story downtown skyscraper.

Club Renaissance is expected to offer residents a place to re-energize in the state-of –the-art country club and fitness center. The expansive fitness center will be located on the 59th and 60th floor of the condo tower. This fitness center will offer Nautilus equipment, free weights, and an Aerobics studio. There will also be separate men’s and women’s locker rooms. To compliment the enormous fitness center the rooftop will feature a sun-deck and infinity edge pool.

The lower levels will feature a full-service concierge and secure parking with valet service. Charlie Palmer is also expected to open his first ever fresh food market and wine shop to cater to Club Renaissance’s residents and guests. All will be located downtown near local casinos, the premium outlet mall, municipalities, professional offices, and convenient public transit.

Residents of Club Renaissance can expect a wide variety of services right outside their front door. So if all this sounds good to you, let me know and I'll add you to my list for updates on this project.