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Project CityCenter Las Vegas shows plans for luxury Las Vegas condos by MGM Mirage in the $7 billion 66-acre real estate project including five Las Vegas high-rise condominiums within four developments.

All 2,700 condominiums for sale in Las Vegas CityCenter will begin in January, when MGM Mirage opens CityCenter’s 30,000-square-foot sales center.

Luxury condos for sale in Las Vegas at Project CityCentre will be priced from $500,000 to $8 million.

The homes for sale in Las Vegas Project City Center choices will include two condo developments that will be built on top of boutique hotels, one condominium project, and one free-standing Las Vegas condomimum-hotel.

Project CityCenter construction by MGM Mirage has commenced on the Strip south of the Bellagio. The huge Las Vegas real estate project most prominent feature, a 60-story, 4,000-room hotel-casino designed by Pelli Clarke Pelli.

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World Market Center Las Vegas real estate is headed for an exponential expansion. Las Vegas Market, the organizing entity of the World Market Center, is looking at producing over a dozen additional trade shows per year, including a gift-industry market in Las Vegas. The gift-industry market would have a building only for the gift exhibitors.

Approximately 14 annual trade expos will be held at the World Market Center real estate once the market reaches its build out of eight buildings and 12 million square feet of exhibit space in 2013.

The Las Vegas Redevelopment Agency initially anticipated six shows, with that number growing to 15, including the two furniture shows. The third World Market Center building, Building C, 16-story tower, a 2.1 million square-foot, is expected to open in the summer 2008.

The market would eventually grow to produce trade shows focusing on furniture-related industries. There could be two large markets and 10 to 12 smaller markets. We’ll probably open up to a couple segments like lighting fixtures and floor coverings.

Facilitating the production of those trade shows will be 400,000 square feet of exhibit space built into both Buildings D and E. That space can be used to house other trades. (more…)

The Village of Centennial Springs Las Vegas real estate will have 75,000 square feet of shops and restaurant pads and 41,000 square feet of office space. Lease rates for the Las Vegas commercial real estate range from $2.25 to $3.50 a square foot.

After two years of planning and development, The Village of Centennial Springs mixed-use project in northwest Las Vegas is developing as construction begins on three office buildings, Rick McCarty of Rhapsody Partners said.

Rhapsody, from Kirkland, Wash, founded by Mark Doppe, former president and chief executive officer of Carina Corp., is developing the $42 million Las Vegas commercial real estate portion of the “new urbanist” village. Carina built more than 1,800 homes in Las Vegas’ “Lamplight” communities before Doppe sold the company to Lennar Corp., a national home builder, in August 2005.

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Green Valley Lofts mid-rise condos for sale in Henderson real estate by Green Valley Lofts LLC is currently developing a five-story, 41-unit Las Vegas condo complex. The $25 million Green Valley, Nevada condos will consist of 1,200- to 2,100-square-foot luxury homes, with four floor plans with prices from $400,000 to over $1 million. Architectural Workshop from Denver, the designer, of the Henderson condo project is seeking a Gold LEED certification.

This Green Valley NV real estate mid-rise condo project could be the Las Vegas Valley’s first residential development to seek tax credits for pursuing LEED (Leadership in Energy & Environmental Design) status. U.S. Green Building Council has set up the rating system called LEED. It grades real estate projects on energy efficiency, water conservation, environmental quality and other things. The more points, the higher the rating, which goes from basic certification to Silver, Gold and Platinum.

The flooring will be bamboo, natural lighting and low-energy appliances. The Green Valley Nevada condos additionally will have granite from a company that replants trees in the rain forest, and will use glues, paints and sealants free of noxious emissions. Roof-mounted solar panels will power the concrete-and-glass building generating 35 kilowatts of electricity. An average Las Vegas home uses 4 to 5 kilowatts a year. General contractor is Tradewinds Construction, a certified LEED builder. (more…)