One Las Vegas condos on The Strip receives occupancy certificates. The two high rise 20 story luxury towers located near I-15 and Blue Diamond Boulevard have opened its doors for their first residents. Approximately 40 condos have closed escrow. The $150 million project first phase offers 359 units within the towers.
Local residents and second home buyers have become more interested in the price point that One Las Vegas has to offer. Even during the credit market crunch increased interest in the real estate along the Strip.
Recreational areas for residents have had permits submitted for completion. The construction completion for the main entrance and swimming pool should be soon. The next three months should have the valet area, cabanas, spa, barbecue and tennis courts finished.
Construction delays at One include the inspection of life safety systems and the huge amount of construction in the valley.
A recent closing at One Las Vegas includes a $1 million luxury condo.
The two completed towers are not the final part to the 20 acres of land. Joint venture partners BSR Group of Israel and AmLand expect to add retail, three additional towers and a total of 1,000 condominiums. Plans for a 220 room hotel by a local Las Vegas hotel chain is in the works.
One Las Vegas condos on the Strip receives occupancy certificates.
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