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Vegas Grand luxury condos now controlled financially by Lehman Bros. A local Las Vegas commercial real estate company is now marketing the development. Vegas Grand is located near Swenson Street and Flamingo.

About a year ago, the land for Vegas Grand in Las Vegas, Nevada was appraised for $72.5 million, or about $4.55 million an acre with the cost of construction is approximately $78 million.

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Loft 5 Las Vegas condos construction progress for building one of its first phase 136 units is expected completion in late February, almost two years after the condo project broke ground. Loft 5 Las Vegas is a $30 million South Strip real estate project.

These luxury Las Vegas lofts use engineered lumber and a three coat stucco system to the exterior of the buildings to give them straight lines.

Loft 5 real estate developers are using two independent walls, separated by an inch of air, making the lofts quiet. This is the extra effort Loft 5 developers go for a better product.

Vanguard Construction is the general contractor for this 10 acre site in Las Vegas, Nevada. There is usually 250 to 350 workers onsite daily.

The buildings at this mid rise condo project are all lathed in phase one with stucco applied on two buildings, sheet rock and interior insulation is being installed in buildings two and three and decks and windows are being placed in building four.

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Luxury Las Vegas Condos Construction News

The Signature MGM Grand Residences Las Vegas high rise condos completion is set for mid-2007 for the third and final tower of The Signature MGM Residences condos. The second 40-story high rise Signature tower B was recently completed. The first Signature tower A debuted in June. Less than 90 of the 1,727 luxury condo-hotel in Las Vegas suites remain.

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Vegas 888 Las Vegas high rise condos developer Florida-based Del American, developer of Vegas Grand Las Vegas luxury condos on Swenson Street at Flamingo Road, has changed its business plan for the 8.6-acre site next to the Palms Las Vegas that was originally planned for Vegas 888 Las Vegas real estate. The developer now plans to build a mixed-use Las Vegas luxury resort hotel-casino.

Vegas Grand Las Vegas condos 212-unit first phase, named Vegas Grand Bella Venezia I, has begun vertical construction by general contractor Summit Builders. Vegas Grand Las Vegas Bella Venezia II, which includes 213 mid-rise residences and a 12-story, 129-unit Las Vegas condo mid-rise tower, will begin construction soon.

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