Recently, it was announced that Sands Corp.’s Palazzo Resort Hotel Casino on the Las Vegas Strip had been awarded Silver LEED Certification by the U.S. Green Building Council. According to GlobeSt.com, the USGBC named the approx. 3,000 room, multi-billion-dollar resort, the largest LEED-certified building in the world (saying it was four times larger than any other “green” project in the world). Will the Palazzo Luxury Condo project (Get on our Interest List) under construction on the Las Vegas Strip feature “green” condos like those being offered at MGM MIRAGE CityCenter?
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By aaronauxier
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Posted in High Rise Condos
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Tagged casino, citycenter, eco friendly, green, hotel, las vegas, LEED, mgm mirage, palazzo, properties, property, resort, sands corp, sheldon adelson, strip, sustainable, wynn
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Located directly on the Las Vegas Strip and with an estimated opening in 2009, the $8.4 billion MGM MIRAGE CityCenter is expected to set a new level of standard when it comes to mega-resort construction, architecture, and amenity. From spectacular high-rise real estate offerings such as The Harmon Hotel, Spa & Residences, Vdara Condo Hotel, Veer Towers, and The Residences at Mandarin Oriential to an approx. 500,000 square foot retail and entertainment district called The Crystals, CityCenter has reached global appeal. And now, luxury jeweler Tiffany and Co. has announced it will appear at The Crystals.
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By aaronauxier
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Posted in High Rise Condos
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Tagged citycenter, construction, development, fine, harmon, jeweler, jewelry, las vegas, luxury, mandarin oriental, mgm mirage, project, strip, the crystals, tiffany, vdara, veer towers
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The national press is searching for horror stories about the Las Vegas high-rise luxury condo market. Recently, I received a call from a journalist looking for information on how horrible it had become to live in high-rise condominium properties such as Panorama Towers and Turnberry Towers. The journalist wanted to talk to owners who were going through foreclosures, seeking stories about how their quality of living has been impacted, trying to see if the buildings amenities had been compromised. But is it the press’ fault that they view things this way?
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By aaronauxier
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Posted in High Rise Condos
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Tagged , agent, Condos, high rise, information, inventory, journalists, land, las vegas, market, media, mls, press, properties, property, real estate, strip, update, values
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Unfazed by the nationwide slowdown in Real Estate, Steve Wynn, the casino developer who ignited the redevelopment of the Las Vegas Strip in 1989 with the opening of The Mirage Resort, continues to boldly go where no developer has gone before. At a local press conference in early May, Wynn announced that he will redevelop the prized Golf Course behind his flagship property, Wynn Las Vegas. The main tower at Wynn and the soon to be completed sister tower, Encore are located near many Luxury High-Rise Condos just to the north. Read More »
Construction Update: Very nice looking grey and yellow colored glass is starting to be installed on Veer Towers, two leaning luxury high-rise condominium towers on the Las Vegas Strip. Veer Towers consists of approx. 674 residential condos, divided up into two separate buildings. The success of MGM MIRAGE CityCenter (an $8.4 billion development) is good news for the local Las Vegas real estate market. While the media refuses to tell few positive stories happening in Las Vegas (especially on the Strip), CityCenter has set several records and has sold over $1.6 billion in real estate in just over a years time. But you didn’t see that on the news did ya?
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By aaronauxier
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Posted in High Rise Condos
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Tagged construction, development, harmon, high rise, investment, las vegas, luxury, media, properties, property, real estate, strip, veer towers
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Station Casinos has announced plans to build a $10-billion development just west of the Las Vegas Strip. The project (for now) is being called Viva, and is expected to consist of several casinos, hotels, and possible Las Vegas high-rise condominiums. We have included the first rendering and a map of the location.
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By aaronauxier
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Posted in High Rise Condos
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Tagged casino, condominiums, development, fertitta, high rise, hotel, inventory, land, las vegas, mega resort, panorama towers, property, real estate, resales, resort corridor, station casinos
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April 26, 2008 – 10:26 am
Turnberry Towers is a residential high-rise condominium project located in Las Vegas. Turnberry Towers is one of those developments that has been hit pretty hard by the current real estate downturn. Brand-new, never-lived-in resale units and penthouses are sometimes selling for less than what the seller paid during pre-construction. Let’s take a quick look at the latest inventory.
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By aaronauxier
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Posted in High Rise Condos
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Tagged high rise, investment, las vegas, listings, mls, penthouses, property, real estate, resales, turnberry towers, units
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April 19, 2008 – 10:58 pm
Panorama Towers in Las Vegas currently has 106 listings for sale, many priced below 500k. This Las Vegas high-rise condo project offers competitive price-per-square-foot opportunities when compared to prime-location properties on the Las Vegas Strip. Just how low?
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By aaronauxier
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Posted in High Rise Condos
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Tagged condo, condominium, high rise, inventory, las vegas, panorama towers, pricing, property, resales, sales, strip, updates
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April 15, 2008 – 10:09 pm
Some of the builders of residential Luxury high-rise condominiums in the Resort Corridor of Las Vegas deliver the units to buyers in a condition referred to as designer ready, or grey shell. This is true for the luxury towers at Turnberry Place, Turnberry Towers as well as Allure. The following is what you need to know before you take on the job of finishing a designer ready unit in Las Vegas. Read More »
I recently made an appearance on FOX 5 News talking about the Las Vegas Strip luxury condominium market. It was nice for them to let me share some of the facts that are not being reported. I have included a photo from the studio, as well as two photos from the “Rising Stars” award ceremony thrown by the Las Vegas Business Press and Mayor Oscar Goodman.
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By aaronauxier
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Posted in High Rise Condos
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Tagged aaron auxier, awards, fox, las vegas, listings, mayor oscar goodman, media, mls, plaza hotel, real estate, resales, rising stars, sky, turnberry
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