Boca Raton Condo In Las Vegas First Phase Construction

Condo In Las Vegas Boca RatonBoca Raton Las Vegas luxury condominiums is currently in the first phase of real estate construction on south Strip near South Coast Casino.

Las Vegas’ single-family housing market has seen some slowdown that has been well documented over the past several months, but the trend toward Las Vegas luxury condo living continues to gain momentum.

Several mid-rise projects are taking shape on the south Strip, the area of Las Vegas Boulevard from Sunset Road to St. Rose Parkway, including Manhattan Condos, Urban Village Brownstones and Loft 5 luxury condos.

Manhattan condo in Las Vegas have received its certificate of occupancy for the first building, Boca Raton has nearly completed its seven-story concrete and steel framework and Las Vegas Loft 5 condos are on track for move-in early next year. Centex Destination Properties is grading 15 acres for the first phase of Urban Village Las Vegas which includes brownstones.

“Vegas has slowed down … no. Are you kidding? It’s remarkable how well it continues to perform on a day-to-day basis,” said Centex Destination spokesman C.J. Julen.

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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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