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Luxury Condos In Las Vegas Dodging Higher Construction Costs

Sky Las Vegas CondosCondos in Las Vegas real estate and Las Vegas land rising construction prices have created major obstacles for entry into the Las Vegas hi rise condominium market, giving early projects such as Sky Las Vegas condos, SoHo Lofts, and Panorama Towers Las Vegas a clear advantage over newcomers, executives of two projects under construction said.

Anything built on or around the Las Vegas Strip is going to sell for $1,300 to $1,500 a square foot, some Las Vegas luxury real estate, said David Pourbaba, president of Sky Condos Las Vegas, which recently topped out construction of its 45-story condominium tower next to Circus Circus.

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Las Vegas Condos Communities In Las Vegas Real Estate

Las Vegas Condos In Las Vegas Real Estate

The Signature MGM Residences

Call 702-505-6988 for purchase of a high rise condo in Las Vegas Nevada

Club Renaissance
Location: Casino Center Boulevard and Bonneville Avenue
Size: 1 towers; 16 stories; 906 units
Developer: Philippe Pageau-Goyette

Echelon Las Vegas at Centennial Hills
Location: West 215 and North Durango Drive
Size: 6 buildings; 372 units (62 units per building)
Developer: Towne Vistas, LLC

Liberty Tower
Location: Las Vegas Blvd. North near Main Street
Size: 21 stories; 132 condominiums
Developer: Victor Altomare and Joseph Di Mauro

Metropolis Las Vegas High Rise Condos
Location: Desert Inn Rd. & Debbie Reynolds Dr.
Size: 20-story tower; 71 units
Developer: Transcontinental

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The Signature MGM Residences Condos July 3 2006 Listings

The Signature MGM Grand Residences Las Vegas Condos

July 2006 Listings

  The Signature Residences The Signature MGM Residences The Signature Residences
Address The Signature The Signature The Signature
Sub Division MGM Residences MGM Residences MGM Residences
SqFt 525 575 925
Year Built 2006 2006 2006
Bedrooms 1 1 1
Full Baths 1 1 1
3/4 Baths 0 0 1
List Price: $715,000 $689,900 $1,180,000
View: Las Vegas Strip Las Vegas Strip Las Vegas Strip
Floor: 31st Penthouse 18th 31st Penthouse
  Turnkey Turnkey Turnkey
Comments:   $40,000 Reduction  

Do you want to sell your The Signature MGM Grand Residences condo? Call me now. Curious of The Signature’s views? I have posted a previous blog post, with pictures of the Las Vegas Strip, from the penthouse. If you would like to own a The Signature MGM Residences there are several Las Vegas luxury condos located in tower 1 with a fast close.

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Las Vegas Strip Luxury Real Estate Building Boom

Venetian Las Vegas PalazzoThe 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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