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Thursday, February 15, 2007

More Good News for Downtown Las Vegas High Rise Condos

Union Park - Remember the name. This $6 billion dollar development will soon be breathing new life into the downtown Las Vegas area, and when the 61-acre development is complete, it'll only make downtown Las Vegas high rise condos more attractive.

Just as Project CityCenter is transforming the Las Vegas Strip, Union Park - which is expected to be built out completely by 2012 - will be the project that'll reshape Las Vegas' downtown with a $250 million dollar performing arts center, the World Jewelry Center, a medical research center, 50-story towers, and storefront shops.

This is a high profile project with a very high likelihood of success. With so many people calling me or emailing me with comments such as "Las Vegas high rises are so expensive" and "are there any good deals out there on condo projects", I will reiterate that downtown is where the deals are at. Buy your high rise now and watch as projects such as Union Park not only rise from the ground, but raise your condo's worth right along with it.

In fact, in my opinion, the very best condo deal in Vegas is located downtown. (want to know what it is?) When Union Park's complete, I'd be amazed if EVERY unit in this project wasn't Turnberry Towers like in price. Just read the papers and keep up with the news: It's becoming clearer and clearer that as time goes by, Downtown Las Vegas is becoming less and less of a risk.

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