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What this means for the Strip area is more limited supply of higher priced, high-rise residential condo and hotel condo projects as that appears to be the primary area that can obtain financing for such projects. That of course does not mean that financing is easier in the Strip area under current market conditions, it just shows how Downtown is changing its focus for the type of condo project it wants to see built.

Downtown is also planning more Class A type office buildings and more commercial services for urban dwellers to compliment the new urban living loft style residential condominium projects it seeks to be built.

Clearly more trends are underway for the Las Vegas condo and hotel condo projects from low to mid-rise to high-rise in the future. As we learn more of these trends we will report them here on the Las Vegas High Rise Blog.

If you are seeking to buy or sell your luxury Las Vegas condo or hotel condo please contact Bruce Hiatt at (702) 456-7080 x201.

Copyright © 2008, Luxury Realty Group LLC. All Rights Reserved.

Disclaimer: All information in this post is subject to change without notice. Subject matter is not guaranteed and is often considered time-sensitive.

Bruce Hiatt, Broker, CRS can be reached at 702-456-7080 x201.
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All information in this blog is subject to change without notice. Subject matter is not guaranteed and is often considered time-sensitive. See DISCLAIMER.