Palazzo Las Vegas Luxury High Rise Condos Could Be The Most Expensive

Palazzo High RisePalazzo Las Vegas luxury high rise condos could be the most expensive homes on the famed Las Vegas Strip ever. The luxury condominiums are being developed by Las Vegas Sands Corp.

Pre sales for the condos at Palazzo are expected to start by September, 2007.

The construction of the 632 foot high rise condo tower next to the Palazzo has begun. This new luxury casino hotel will have 3,000 rooms and total cost of $1.6 billion. The Strip hotel portion is expected to open by the end of the year.

Part of the mixed use real estate will include Barneys of New York, a high end men’s and women’s apparel store. The luxury residences will be located on top of the 90,000 square foot building.

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Las Vegas Sands Broke Ground on Marina Bay Sands Singapore Resort

Las Vegas SandsLas Vegas Sands Corporation last week broke ground on Marina Bay Sands in Singapore. Marina Bay Sands is a $3.6 billion real estate project.

Stockpiled sand was released Jan. 31 in Singapore after Indonesia banned sand last month for exports.

Indonesia, the main sand supplier, has banned exports of the material. Las Vegas Sands said transport costs of the sand for Singapore’s first casino might rise by a third.

The first casino resort in Singapore is scheduled to open in 2009.

Las Vegas Sands was awarded the first contract in May for casino gambling in 2005. A ban on casino gambling for decades has been reversed by Singapore to increase visitors to 17 million by 2015.

Middle class and millionaires are being courted by US casino operators in Asia.

There are 56 tour operators signed up with Las Vegas Sands Corp. to shuttle tourists to the resort when it opens.

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Palazzo Las Vegas Condominiums Planned By Las Vegas Sands Corporation

Palazzo Las VegasPalazzo Las Vegas high rise condos are are being planned for the Palazzo real estate project by Las Vegas Sands Corp. Operator of the Sands Expo and Las Vegas Convention Center have received approval from Clark County to add a Las Vegas condominium tower to its plans for the $1.8 billion Palazzo Resort next to the Venetian Hotel.

The Las Vegas condos addition to the commercial real estate project approved Wednesday is a 632-foot high rise tower to be built atop an already approved building that is planned to house an 85,000-sf Barney’s retail store among others. Rising at the corner of Spring Mountain Road and Las Vegas Boulevard, the Palazzo commercial real estate includes the 450,000-sf Shops at the Palazzo Resort Hotel Casino and an 1,800-seat theater, and a 3,000-room Las Vegas hotel tower.

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