Boulevard Properties and the Greenwald Group, developers of more than 5,000 residential high rise units and hundreds of multi-million dollar custom homes across the nation, are now setting their sights on the Downtown Las Vegas Arts District with their latest high rise condo project Evolution Lofts.
The 28 story building will feature 19 distinct floor plans with amenities such as a private theater, gym, business center, relaxation lounge, pool and sundeck, access to world-class shopping, dining and nightlife off the Las Vegas Strip, 24 hour concierge service, private secured parking, bicycle storage, cable TV and high-speed internet access.
Designed by JMA Studios (Las Vegas' biggest and best architectural firm), units will have 10' - 11' ceilings with floor-to-ceiling windows to take in the breathtaking views of either the Sierra Mountains or the Las Vegas Strip from the balconies and will be offered in 1, 2, and 3 bedroom floor plans ranging in size from 806 square feet to 2,100 square feet at prices starting at $450,000 to over $1.5 million.
So how do you take advantage of this all? They're going straight to contract right now, where you'll need a check for 10% of the purchase price of your unit. Then at ground breaking (scheduled for January, 2007), you'll need another 10% down - so you'll be in it for 20% total until closing, which is estimated to be sometime in January, 2009.
... Not a bad way to control a hopefully appreciating asset for a small cash outlay. Let me know if you need me to check specific availabilities and prices for you.
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