Las Vegas Homes Urban Village Condos Includes Brownstones

Urban Village Homes For Sale in Las Vegas includes Brownstones

Urban Village Las VegasUrban Village Las Vegas homes by Centex Destination Properties has started development on the $1.5 billion, 2,400-unit “Urban Village” mixed-use project on Las Vegas Boulevard South, between Pyle and Frias avenues. The development firm purchased the 50-acre Las Vegas real estate site and project plans from Diversified Real Estate Group in December.

Las Vegas county records show that Centex paid $35 million for 13.59 acres being used for the first phase, or $2.575 million per acre. Diversified, by contrast, purchased the entire site in 2004 for $34.8 million, or $696,000 per acre, county records show. Reservations for the initial brownstones at Urban Village Las Vegas homes have been initiated. The brownstone and master plan theme are similar to Diversified’s original plan, but the finishes and amenities package have been upgraded.

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