Palazzo Resort Hotel Casino named largest LEED-certified project in the world. Will the Palazzo Luxury Condos be “green” like condominium properties at CityCenter?
Posted by Luxury Realty Group - May 9th, 2008
Categories: High Rise Condos
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?
Eco-friendly – sustainable living – Las Vegas.
Sands Corp. Chairman Sheldon Adleson loves to set new standards, and that he has done.
Competition between developers on the Las Vegas Strip means good things for architecture and amentity. An example? Steve Wynn recently announced his plans for the golf course behind the Wynn Las Vegas. Wynn says he plans to build a 20-acre lake with special water effects (approx. twice the size of Bellagio’s lake) surrounded with massive convention space (approx. 1.5 million square feet). Everyone knows that Steve Wynn and Sheldon Adelson continue to out-do each other, it’s extremely exciting to see just how awesome these two properties (Wynn Las Vegas and Palazzo Resort Hotel) end up becoming.
And then there is MGM MIRAGE CityCenter, an $8.4 billion mega-resort development which is also going after LEED Certification. High-rise properties within CityCenter such as The Harmon Hotel, Spa & Residences, Veer Towers, Vdara Condo hotel, and The Residences at Mandarin Oriental all intend on achieving the eco-friendly stamp of approval.
Photo of Palazzo Luxury Condominiums under construction – March 2008
To Balcony or Not to Balcony?
Why do balconies harm a projects chance of LEED Certification? Because they let hot/cold air in/out. Luxury condominium properties at MGM MIRAGE CityCenter do not offer balconies. Other high-rise properties on the Las Vegas Strip do feature balconies, a good example would be The Cosmopolitan Resort and Sky Las Vegas, however, neither project was designed to receive eco-friendly LEED Certification.
With a direct Strip location, it’ll be interesting to learn whether or not the luxury condos at Palazzo end up going for “green” or going for balconies. Perhaps the property will add to its amenities a roof-top deck where owners can take in the sites?
Closeup photo of Palazzo Luxury Condominiums under construction – March 2008
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Aaron Auxier, REALTOR®, ABR can be reached at 702-205-1818.
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Copyright © 2008 Aaron Auxier. All Rights Reserved.
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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.
Copyright © 2008 Luxury Realty Group LLC. All rights reserved.