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The Plaza Las Vegas $5 billion resort received preliminary round of approval from the Clark County Planning Commission this week approving the development of the commercial real estate in Las Vegas, NV.

Believe it or not in Las Vegas casino news,The Plaza is expected to be the the Strip’s largest casino on the 34.5 acres of land, previous site of the New Frontier, and adjacent to Trump Tower Las Vegas NV, hotel. The Wynn Resort has a 110,000 square foot Strip casino, Bellagio 160,000 square foot casino and The Plaza topping the list at 175,900 square foot gaming area.

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Stephanie Village mixed use development in Green Valley Las Vegas combines condos and townhomes living along with upscale gallery retail shopping. A mixed use real estate village setting is traditional for European and cosmopolitan cities. This helps both the living and commerce portions support the community.

Now Las Vegas, NV continues with this type of living in a 22.5 acre project in Henderson, Nevada which will enhance the residents in Stephanie Village.

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Boca Raton Las Vegas condos have first residents moving into the 378 unit luxury seven story condominiums located on the Strip. This is a $400 million development. Units are priced from the $400,000s.

Las Vegas is home to several other luxury mid rise condos being built including Manhattan, Park Avenue and Loft 5.  Several current in plans or construction mid rise projects include Promenada at Rainbow, Manhattan West, L5 and Stephanie Village.

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Las Vegas homes sales and Las Vegas mls figures show a small decrease in total number of condos, townhomes and listed homes for sale in Southern Nevada for September, 2007. Some of the areas included in Southern Nevada real estate include, Henderson, Green Valley, MacDonald Highlands, Summerlin, North Las Vegas, downtown Las Vegas and Lake Las Vegas.

The Las Vegas real estate market statistics show a $285,750 median sale price of single family homes. This is a 4.7 percent decrease from August of $299,900. Year to date mls figures show a 7.8 percent decrease from 2006.

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