Platinum Las Vegas Condo Hotel And Spa opened last week as one of the first Las Vegas condo-hotels near the Las Vegas Strip. The $100 million commercial real estate project was 80 percent pre-sold when Platinum real estate received construction financing 20 months ago and sold out.
Platinum Las Vegas condos includes a 16-story residential tower and a five-story, 238-slip parking garage on a two acre site, one block east of the Bally’s, Bellagio and Caesars Palace Las Vegas casinos. The real estate developer is a joint venture of Chicago-based Diversified Real Estate Concepts and Marcus Hotels & Resorts of Milwaukee.
Priced between $400,000 and $1 million, the Las Vegas condos range from 911 sf to 2,166 sf and include 24-hour room service, a full kitchen, a balcony, a fireplace, a 42-inch HD plasma television, an oversized whirlpool bath, town car service and complimentary high-speed Internet access. Platinum Las Vegas amenities include an indoor and outdoor swimming pools; a poolside lounge and a lobby café; a luxury spa; a 4,500-sf rooftop terrace overlooking the Strip and an upscale restaurant and bar.