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Element Las Vegas hotel is a new Westin hotel brand by local real estate developer Jeff LaPour. The $19 million, 125-room, extended-stay facility will be located at the southeast corner of the Beltway and Town Center Drive.

Element hotel in Las Vegas will be one of the first in the country. Starwood Hotels & Resorts, Westin’s parent company, has been developing the product over the last two years.

Element Summerlin hotel is an upscale boutique concept that is sophisticated and modern. It is intended to compete with Marriott Residence Inn, but with a more contemporary feel.

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Venture Commerce Center Las Vegas real estate construction will be completed this month on the Center located at Eastern Avenue near McCarran International Airport Las Vegas. Venture Commerce Center real estate will consist of 38 privately owned business properties in four separate buildings.

Westgate Retail Center by Nigro Construction has started work on at Warm Springs Road and Gillespie Street. Westgate Resorts is the developer for the $5.4 million Westgate Retail Center Las Vegas scheduled to be complete in February 2007.

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Luxury Las Vegas Condos Construction News

The Signature MGM Grand Residences Las Vegas high rise condos completion is set for mid-2007 for the third and final tower of The Signature MGM Residences condos. The second 40-story high rise Signature tower B was recently completed. The first Signature tower A debuted in June. Less than 90 of the 1,727 luxury condo-hotel in Las Vegas suites remain.

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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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