W Las Vegas Condos Blog Posts

W Las Vegas Condos Hotel And Resort Raising Money By Edge Group

W Las Vegas CondosTo raise money for its “W Las Vegas Hotel and Resort” and “Edge East” real estate developments Edge Group is selling 63 acres on the South Strip, across from Mandalay Bay. Weststate Holdings, both company and investors, bought the land less than two months ago for $201.7 million, or $3.2 million per acre. The Las Vegas land borders the west side of I-15, between Russell Road and Hacienda Avenue. Edge Group has decided to cash out.

Weststate Holdings is listing the property for sale with the starting price at $441 million, or $7 million per acre, which more than doubles its cost in just 60 days ago. The money will go toward paying off The Edge Group’s recent purchase of the “Las Ramblas” site, say sources.

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Fred Segal Announces Store For W Las Vegas Residences

Fred Segal W Las VegasFred Segal, announced plans to open a store in the W Las Vegas Condos, Hotel, and Casino, the Los Angeles fashion landmark that has attracted the fashionable and famous for decades, when the condo hotel opens in 2009. Located at the corner of Koval and Harmon, close to the Las Vegas Strip, the W Las Vegas Residences will feature multiple destination nightlife venues and dining, a signature W Hotel casino, a Bliss(R) Spa and now a 100,000 square foot Fred Segal store.

Fred Segal has been a world famous shopping destination in Southern California for more than four decades, and has a location in Santa Monica by the Pacific Ocean. W Residences Las Vegas“Fred Segal is the perfect partner for W’s lifestyle,” said Ross Klein, President of W Hotels Worldwide. “The brands share the same sense of perky pop culture and insider style making that has the world seeing us more as an authority on what’s hot than a place to sleep or shop.” Fred Segal’s presence within the W Las Vegas Residences will expand the experience, which has a loyal following worldwide, to a new market and to W condo owners and guests. W Las Vegas condo owners, who will be treated to Whatever/Whenever, W’s 24 hour concierge service and other signature hotel amenities, will now have access to what is hailed as the high-fashion holy lands by the who’s who of Hollywood, California.

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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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W Las Vegas Real Estate Next to Hard Rock Hotel Las Vegas

w las vegas condosW Las Vegas Residences introduces an opportunity to own a Las Vegas home at the W Las Vegas real estate where, as a resident, every superb amenity of the world’s top boutique hotel will be placed at your disposal. Located on the trendy Harmon Corridor, Hard Rock Hotel Las Vegas and W Las Vegas Real Estate will be at the center of this rapidly growing off-the-strip-hip hangout.

The W Las Vegas Residences and condos will be fully-furnished with contemporary interiors. Features will include a one-king or two-queen bedroom set, stunning bathrooms with dual sinks, vanity area with specialty lighting, and oversized showers. There will be a separate lounge area, an oversized desk and task chair, a full audio/visual media-style center, electronically controlled sheers and drapes, stylish kitchen, mini-bar, and more.

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