Metreon Las Vegas mixed use real estate $33 million first phase June completion. The developer of this live work project is Kennedy Commercial.
The general contractor is Breslin Builders. Breslin is the same company for Newport Lofts and SoHo Lofts in downtown Las Vegas, Nevada.
Cosmopolitan Las Vegas condo hotel on The Strip begin foreclosure proceedings. Deutsch Bank notified the Cosmopolitan real estate developers a week ago that they will start bankruptcy due to the rising construction costs and volatile credit markets.
The luxury high rise is adjacent to the massive MGM Mirage Projecty CityCenter resort on the Strip.
Another potential construction delay or complete scrapping of a $6 billion development could be The Plaza at the previous site of the New Frontier across from Wynn Las Vegas, Nevada.
Las Vegas Luxury Real Estate Home Sales For March 4 - 10 2008
$2 million, Summerliln Real Estate, 4,586 square feet, 3 bedrooms and 3.5 baths.
$3.5 million, Seven Hills Real Estate, 8,422 square feet, 4 bedrooms and 4.5 baths.
Las Vegas Luxury Real Estate Home Sales For Feb 26 - March 3 2008
$1.6 million, Signature MGM Residences, 874 square feet, 2 bedrooms, 2.5 baths, luxury 35th-floor penthouse, Strip views, designer furniture and plasma televisions.
$1.18 million, Red Rock Country Club Real Estate, 3,085 square feet, 3 bedrooms, 3.5 baths, built-in barbecue, custom flooring, courtyard entry, mountain, golf and Las Vegas Strip views.