More Good News for Downtown Las Vegas High Rise and Mid Rise Condos

Once again, we have even more good news regarding the revitalizaiton of Downtown Las Vegas, and in the process making ownership of the high rise and mid-rises in the area continually more attractive.

The Las Vegas City Council has selected Michigan-based REI Neon LLC group to pursue a proposal to build a 22,000-seat sports arena as part of a $9.5 billion project to reform 85 industrial acres in the downtown area.

This project will be called "Pulse" and is expected to feature a $500 million arena and 1.2 million square feet of retail space in its first phase of development. Later additions would include 6,000 hotel rooms, 1,500 residential units and up to 300,000 square feet of gambling space all branching outward from the arena. Officials are hoping that the arena, which could be built by the fall of 2011, will become home to NBA and NHL teams.

How does Juhl, Verge, and Streamline Towers look to you now? You should already have purchased units in at least one of those condo projects already. If not, don't wait - promising new developments such as Pulse will continue to catalyze future growth in downtown Las Vegas. Believe it, because it's happening. Will you be a part of the profits?