Chef Charlie Palmer Las Vegas Condominium Hotel Luxury Resort Planned

Charlie Palmer Condo HotelThe Charlie Palmer Las Vegas Hotel could finally be in Las Vegas real estate? The 426-room resort will include at least 100 condo-hotel units. The celebrity chef plans on developing the first condo-hotel in Union Park.The city, through its non-profit City Parkway V, is proposing a land sale price of $9.8 million for the 3.1-acre site in the heart of Union Park. That works out to about $3.2 million per acre or $72 per square foot. According to Scott Adams, the city’s director of business development, the price was an average of two fair-market appraisals.

San Francisco-based City-Core has formed a joint real estate venture with chef Charlie Palmer to develop the site. The planned Charlie Palmer condo hotel will be serving a niche market, according to City-Core Development.

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Chef Charlie Palmer Las Vegas Condos Cancelled On Golden Palm Land

Charlie Palmer HotelCharlie Palmer Las Vegas condo-hotel has been cancelled. The Golden Palm Las Vegas real estate owners have tried for the past seven years to redevelop the corner property at Dean Martin Drive and Tropicana. Golden Palm will close March 12, 2007 and will be sold April 5, 2007.

Golden Palm real estate has been appraised in November 2006 for $46.6 million. Clark County has approved a future Las Vegas hotel for the property which stands 41 floors, 100,000 square feet of restaurants and shops and 560 rooms.

The Las Vegas Land that this aging hotel sits on is on a small 3 acre island that makes redevelopment difficult.

The Golden Palm sale is necessary because of the inability to find a joint venture partner and rising construction costs.

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Las Vegas Condo Hotel Planned by Star Chef Charlie Palmer

Las Vegas Charlie Palmer Hotel CondosCharlie Palmer celebrity chef plans a boutique Charlie Palmer Las Vegas condo-hotel at Dean Martin Drive and Tropicana Avenue.

The $400 million Charlie Palmer real estate development is scheduled to break ground later 2006, with completion expected sometime 2008.

The Charlie Palmer condo-hotel will have mostly studio and one-bedroom condo units ranging from 550 - 800 square feet and priced starts at the high $400,000’s.

Celebrity chef and entrepreneur Charlie Palmer likes to see the immediate results of the restaurant business. Now, it will be a couple of years in his newest business creation.

Owner of Charlie Palmer Steak at Four Seasons Hotel, Aureole at Mandalay Bay, plans to build Charlie Palmer Hotel and condos, a 35-story boutique Las Vegas condo-hotel, on three acres at Dean Martin Drive and Tropicana Avenue, the current site of the Golden Palm hotel.

The Hotel Healdsburg, Charlie Palmer, built three years ago in California’s Sonoma County, will be similar to this current boutique condo hotel slated for Las Vegas. Being self contained and not associated with a resort is the Charlie Palmer Condo’s goals different from other projects such as Cosmopolitan condos, Project City Center and Echelon Place.

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