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The Las Vegas building boom worth $20 billion, a five year timeline, is under way on the Las Vegas Strip. It will roughly double the inventory of luxury hotel rooms costing $200 a night or more, a new Standard & Poor’s study said.

This newfound focus on upscale visitors is largely a response to continuing Las Vegas demographic shifts.

Real estate projects that S&P said probably would be completed include:

• The $1.8 billion Palazzo Las Vegas high rise with 3,025 rooms.

• The $1.7 billion Encore Wynn Las Vegas with 2,054 rooms.

• The $7 billion MGM Mirage Project CityCenter with 7,700 rooms.

• The $4 billion Echelon Place with 3,300 rooms.

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The Signature MGM Grand Residences at The MGM Grand Las Vegas

Current Listings for June 2006

Address	145 E Harmon	145 E Harmon	145 E Harmon
Sub Division	Signature at the MGM	Signature at the MGM	Signature at the MGM
SqFt	925	575	525
Year Built	2006	2006/UC	2006
Bedrooms	1	1	1
Full Baths	1	1	1
3/4 Baths	1	0	0
List Price:	$1,225,000	$729,900	$725,000

Including all the folks in Plano, Texas, and many in Orange County, Los Angeles Area, California and Northern California, requesting the update to The Signature MGM Residences, here are the latest Las Vegas luxury condos for sale.

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The Signature MGM Residences Las Vegas Real Estate Views

I just returned from visiting the newly opened The Signature MGM Grand Residences at the MGM Grand Las Vegas, Nevada. These pictures were take from Tower 1 on the 25th floor penthouses. If you were at all curious what your view might be like then the Las Vegas luxury condos with strip views will have a fantastice view of the Project City Center including a panoramic view of New York New York to the Venetian Las Vegas.

The Signature MGM Grand Residences

Las Vegas Strip View South from 25th floor

The Signature MGM Residences Las Vegas

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More than 1,600 of the 1,727 condominium-hotel suites at The Signature MGM Residences at MGM Grand Las Vegas have been sold since January 2004, and the demand for this lifestyle in Las Vegas real estate remains strong.

Sales of the furnished residences are not the only thing progressing rapidly. Construction is on the fast track with The Signature Residences condos’ first 40-story tower completed and owner escrow closings are happening. Meanwhile, Signature MGM Tower B has surpassed the 32nd floor and The Signature condos Tower C already has reached the tenth floor.

A joint venture between real estate developer Turnberry, Ltd. and MGM Grand Las Vegas, The Signature Residences offers junior, one- and two- bedroom suites. As each tower is sold out, it will be turned over and operated as a luxury hotel. Part of the MGM MIRAGE portfolio, the property has been renamed The Signature at MGM Grand Residences.

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