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The Mercer Las Vegas condos construction has begun. This is a mid rise condominium project with prices starting from $422,000 for a two bedroom home for sale.

The real estate development is located on 5 acres in southwest Las Vegas, Nevada. JDL Development from Chicago is grading the site.

Occupancy is expected for The Mercer sometime in summer 2008. The sales have been strong with approximately half of the Las Vegas homes sold.

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CL3 Lofts, a North Las Vegas mixed use project, has delayed construction. Kayne Nelson, a New Zealand real estate developer, has had difficulties from building code issues that have stalled this residential, office and warehouse space.

Expected completion was expected last month when the ground broke a year ago.

Would you believe that North Las Vegas hasn’t had code for all three, warehouse, residential and office space uses? Since ground breaking the International Building Code has also been changed.

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Element hotel in Summerlin real estate has finished the franchise agreement for LaPour Partners to own and operate. Starwood Hotels & Resorts has branched out into a new extended stay brand called Element. The Element hotel will be a new 123 room hotel on the Western side of the Las Vegas valley.

The Element branded hotel by Starwood will be the first hotel built and owned by a developer Jeff LaPour of LaPour Partners. Starwood owns and operates one other Element in Lexington, MA.

The Summerlin hotel will be built at Town Center Road and Interstate 215 next to the Nevada Cancer Institute. Expected ground breaking for the development is within the next three weeks with an opening sometime in October 2008.

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Pinnacle Las Vegas luxury condos names Dick Corp. as general contractor. Pinnacle real estate, is a $740 million condo resort development with 1,100 units near the Orleans hotel. Dick Pacific Construction is the Honolulu, HI subsidiary of the Pittsburgh contractor who will oversee the daily construction of the real estate.

Some notable construction projects for the general contractor include the Atlantis resort in the Bahamas and the Venetian Las Vegas resort.

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