What does it mean when an answering machine constantly picks up during business hours at a high rise condo project in Las Vegas? And what can one conclude when one drives by the sales office only to find it continually closed?
Well, it doesn't look good for the Club Renaissance downtown high rise condo project. All that's missing is the official notice in the Las Vegas Review Journal that the project's been cancelled. It looks like they're still taking reservations at their website, but I'm pretty sure at this point that's all for naught. Don't waste your time.
Originally intended as a "locals" project, pricing came out very "un-local" friendly. That, and the lack of groundbreaking progress, was the first clue that this project was in danger. But fear not: Club Renaissance is far from your only downtown high rise choice. And most definitely, there are downtown projects that are bargains TODAY!
As mentioned previously many times, Juhl Las Vegas is a winner. So is the Streamline Tower. And both Soho Lofts and Newport lofts have been complete successes to date as well.
If you had a reservation at Club Rennaissance, I would suggest you seriously look into Streamline at this point. They've got a very similar project - and it's actually moving forward construction-wise with move-ins anticipated for December '07.
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