North Las Vegas Strip continues an amazing metomorphisis
Posted by - October 8th, 2007
Categories: High Rise Condos
The initial renderings for the $4.9 billion Plaza Hotel and Casino, being developed on the land of the former Frontier Hotel and casino are out..if the renderings are anything close to the finished product, the Plaza will redefine the meaning of “Luxury”, on the Las Vegas Strip. More details of this north strip development are sure to follow in the near future….. Meanwhile Boyd’s Echelon, (another multi billion dollar project), located just north of the Plaza, is rapidly transforming the former site of the historic Stardust property. Grading is ongoing, groundbreaking imminent. This is a massive project and the core of Boyd gaming’s presence in the Las Vegas market moving forward.
Fountainebleu resort and casino, valued at nearly 3 Billion, is going vertical on the corner of Las Vegas Blvd. and Riviera Dr. The Rivera Resort and it’s huge parcel of strip frontage is a topic of continued speculation. The offer price from potential suitor’s has more than doubled in the last 3 years.
“View from Turnberry Place, overlooking future site of Fountainebleu”
Potentially topping all this in scope is a yet to be detailed development on the corner of Las Vegas Blvd. and Sahara Ave. This collaboration, a joint venture between MGM Mirage and Dubai World, will most certainly turn heads when it is announced. All indications are that this project is on the fast track. We expect groundbreaking before the opening of MGM Mirage CityCenter in late 2009.
In the middle of all this construction is a uniquely situated Luxury high-rise condominium. “SKY” Las Vegas, located directly across the blvd. from the Fountainebleu project. This newly completed project is just over 400 units, floor-plans start at 1100 Sq. Ft. and crest at nearly 5000 Sq. Ft. SKY is the only Luxury high-rise located directly on the prime area of the Las Vegas Strip. Those seeking to be near the action of what we consider to be future ground zero of the Strip. or those who may want to invest in the massive redevelopment of the north Las Vegas Strip may want to consider SKY Las Vegas.
More information regarding development on the North Las Vegas Strip, or the overall state of Las Vegas real estate is available from Tom Garcia, Luxury Realty Group. tom@luxuryrealtygroup.com or direct at (702)250-6355
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