Juhl Las Vegas condos, a $170 million mixed-used condominium real estate development located downtown Las Vegas, has construction continues on pouring the third and fourth floors of the parking structure and luxury condominium building.
Demand for luxury condominiums at this Las Vegas mid-rise is coming from local residents who’ve lived in high-rise projects in other cities such as Miami, New York and Chicago; investors; second-home and vacation home owners; and professionals who want to live near their offices.
San Diego-based CityMark Development is building Juhl condos and it will have 340 condominium units and 24,000 square feet of ground-floor retail space in a 15-story building. It will occupy nearly an entire city block.
Juhl real estate is about 60 percent sold with 214 “hard contracts,” or binding purchase agreements. Financing construction is Chicago-based Corus Bank.
A large percentage of the luxury condo owners will be primary residents in the building.
Juhl condos for sale in Las Vegas is attracting some buyers who had their deposits returned from failed Las Vegas high-rise condos in the valley such as Las Ramblas, Ivana and Red Rock Residences. The price points of $400 to $500 a square foot for Juhl luxury homes are quite favorable compared with $1,000 a square foot on the Strip.
Martinez-Cuitri is the architect and Turner Construction is the general contractor.
Juhl’s on-site workers include about 115 construction workers are on site daily and the number will grow to 200 to 225 during the next 15 months. About 70 percent are concrete workers, 20 percent are rebar workers and the rest are mechanical and electrical trades.
Call 702-505-6988 for VIP Las Vegas condo representation for Juhl Las Vegas by a Las Vegas real estate agent.
Buying, selling or refinancing a piece of Las Vegas Real Estate today? Visit Fine Homes Real Estate for more information and VIP representation by a Las Vegas Luxury Real Estate REALTOR for investment Las Vegas Real Estate, 1031 exchange, condos such as Trump Towers Las Vegas, Turnberry Towers, Allure, Panorama Tower, The Signature MGM Residences, W Residences, RED Rock real estate, commercial, residential and Las Vegas land.
Juhl Las Vegas condos for sale in downtown Las Vegas are 60 percent sold and construction update.