This weekend, over 2,100 cubic yards of concrete is being poured to form the Trump International's 6th floor recreational deck, which will eventually include over 36,000 square feet for the tower's pool area, spa, gym, meeting rooms, salon, and snack bar for the 64-story, 1,282 unit condo hotel project. Perini Construction, one of Las Vegas' oldest and most respected builders, is overseeing the pour and has plans to complete one floor every six days for a total construction period of 72 weeks.
Pricing for Trump units has raised 15% since they've been converting reservations to hard contracts. That's great news for those who've gone ahead with their contracts. But what's even better news is that there are still about 100 units left. With the smallest unit selling at $755K, buying into the project at $1,200 a square foot may seem a bit pricey, but remember Trump is planning an identical second tower at the site. When sales start for this second tower, you could very well see more price increases in the 30-35% range.
No one brands themselves better than Trump. And regardless of whether you like or dislike him, he delivers on his real estate projects. Trump locked in 90% of his construction costs when he first announced his development plans in 2004 and doesn't look to be bothered by the higher construction costs that have hampered (and even killed) other Las Vegas high rise condo projects. Partnering with Perrini was a "no-brainer" since whenever they're involved, good things happen. The construction progress you see at the development site confirms this project is moving forward nicely, and you'd be wise (if you have the money) to investigate the possibility of being one of the first condo hotel unit owners to move into Trump International when it's completed in early 2008.
Contact me for Tower 1 availabilities or to be on the Reservation List for Tower II.
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