Juhl Las Vegas condos, a $170 million mixed-used condominium real estate development located downtown Las Vegas, has construction continues on pouring the third and fourth floors of the parking structure and luxury condominium building.
Demand for luxury condominiums at this Las Vegas mid-rise is coming from local residents who’ve lived in high-rise projects in other cities such as Miami, New York and Chicago; investors; second-home and vacation home owners; and professionals who want to live near their offices.
San Diego-based CityMark Development is building Juhl condos and it will have 340 condominium units and 24,000 square feet of ground-floor retail space in a 15-story building. It will occupy nearly an entire city block.
Juhl real estate is about 60 percent sold with 214 “hard contracts,” or binding purchase agreements. Financing construction is Chicago-based Corus Bank.
A large percentage of the luxury condo owners will be primary residents in the building.
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