The Village at Queensridge, a mixed-use Summerlin Las Vegas real estate development by Peccole Nevada Corp. at the northeast corner of Alta Drive and Rampart Boulevard, is ready for the next phase of construction.
Grading permits for the Village at Queensridge in Summerlin are expected to be pulled within the next 45 days, an executive for the project said.
Culvert work is virtually complete for the 30-acre real estate parcel that has a wash running through it, said President Frank Pankratz of Executive Home Builders.
Other site work includes soil samples to better understand soil composition and preliminary staking for early grading that is scheduled to begin in the fall.
The Village at Queensridge in Summerlin Las Vegas is expected to have 700,000 square feet of restaurants, cinemas, boutique shops and professional office space, along with 340 luxury Las Vegas condominium units in two five-story towers and one 10-story tower, pricing from the $600,000s to more than $1 million.
Plans for the retail space include a 24,000-square-foot gourmet food store, a 20,000-square-foot bookstore, a 16,000-square-foot luxury auto showroom and restaurants and cafes.
The estimated cost of the Village at Queensridge in Summerlin, Nevada is now $750 million, a 50 percent increase from what was previously reported. The increase is due to rising construction costs and to changes in design of the Las Vegas homes component.
Queensridge Las Vegas Nevada real estate is developed by Peccole Nevada Corp. and Executive Home Builders. They are the same real estate developers building One Queensridge Place high-rise condos in the same area. It’s located near Suncoast Casino and the Boca Park shopping center.
Parking for this development will be in a 3,500 space two-story underground parking structure that is 1.4 million-square-foot.
Moss DG A/E of Nevada is the Architect of Record; G.C. Wallace, Inc. of Las Vegas is the Civil Engineer; M.A. Engineering Inc. of Las Vegas is the Structural Engineer; Development Design Group, Inc. of Baltimore serves as the Design Architect.
The first permit application will be submitted Sept. 19 and The Village at Queensridge real estate condo construction is expected completion in late 2008. Source: LV Review Journal
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