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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