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Monday, July 23, 2007

What Happens in San Diego... May Just Happen in Las Vegas, High Rise Condo - wise

One of the greatest things about living in Las Vegas is its proximity to a number of amazing other cities you can visit with just a short car-drive away. As I write this, I'm sitting in my hotel room after a long day of looking at high rise condos and lofts in the San Diego area. What does this have to do with the Las Vegas high rise condo marketplace? Well, it just so happens that the developer of the Juhl Las Vegas downtown Las Vegas condo project has already created a number of highly successful projects in the downtown San Diego area.

And I wanted to see for myself just what the buzz was all about. If the completed Juhl project is anything like the properties I saw today, ladies and gentlemen, we'll have a winner.

CityMark's 90-feet tall Fahrenheit project is located at the corner of Island Street and Tenth Avenue and offers 77 lofts of 640 to 2,390 square feet. Then, in the heart of downtown - near Market and Tenth street - their M2I lofts offer views of Petco Park, East Village, and the downtown skyline. The company also built the Egyptian which contains 80 urban residences at Park Boulevard and University Avenue. And located in the Little Italy section of downtown San Diego stands Doma, 121 units distinguished by a preserved historic clock tower and a rooftop entertainment deck offering panoramic harbor views. Then there's Paseo, consisting of 18 townhouses offering spacious living, access to restaurants, shopping, entertainment, and trolley access. Finally, Cortez Hill was named the Best Attached Housing Product in 2002 and all homes offer private backyards and intimate roof decks.

In Las Vegas, you have to do your homework with respect to a project's developer. It's perhaps the biggest indicator of whether or not your Las Vegas condo project will succeed. With Juhl, you have a project from a developer who's string of successes is about as solid as it gets. Add to that all the positives you're already seeing in Downtown Las Vegas and the picture's clear: Juhl is happening... and it's affordable... and the numbers make sense. Get into this project right now.

It's happened already in San Diego and I've seen it with my own eyes. It'll happen in Vegas too! Only with this project, you don't have to keep it a secret from your friends.

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