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CONDO PROJECTS IN THE LAS VEGAS VALLEY Many high rise purchasers are finding that they are wasting time and tying up resources on developments that never come to fruition or are not good values to begin with.. Typical story of the last few years: Despite substantial sales hype over the past year and several lavish promotional events, Australian developer Victor Altomare announced that he has closed down operations on his Las Vegas high rise condo project, Liberty Towers. Even though it was over 85% sold out, the Liberty Towers site has already been purchased. Unlucky buyers in Liberty Towers believed they had firm contracts on their units, but the developer has definitely confirmed that this project is not going forward. And the highly touted Ivana site is now for sale.
With so many excellent projects to choose from, these buyers are angry that they have lost huge potential profits waiting on projects that were well-advertised but under-funded. In an effort to provide consumers with information on which projects seem most viable, below is a list of the 40 most well known developments, their price ranges, and their current status. Already Under Construction or Completed: Cosmopolitan -- with over 1800 condo hotel units, Cosmopolitan broke ground in August of 2005 with estimated completion now 2011. Streamline Towers -- Vacant Panorama -- Multiple buildings with more than 1200 residential units. A few of Panorama's towers are already occupied and many units are in re-sale. Some good buys available that are short sales and foreclosures Turnberry Towers -- with 636 residences, Turnberry has limited inventory. Re-sales are available. Signature at MGM Grand -- Over 1600 condo hotel units. Many re-sale units available and some are very good values. Resales, short sales & Foreclosures. Allure -- 404 residential units, Resales, short sales & Foreclosures.
Trump Towers -- 1,282 condo hotel units now being rented out. Park Towers -- completed in 2004, Park Towers is comprised of only 84 exclusive residential units. Resales, short sales & Foreclosures. Boca Raton -- with 756 low rise residences, Boca Raton broke ground in November 2004 and the two buildings are done with residents moved in. There are new and resales available. One Queensridge Place -- with 219 custom residential condos, One Queensridge Place ranges from $1.2 million to $20 million. Fabuloius units are available for re-sale. Manhattan -- is completed. Manhattan has 700 residential low rise units. Resales, short sales & Foreclosures. Newport Lofts -- with 168 loft units in the downtown arts district, Newport Lofts is finished. Resales, short sales & Foreclosures. Loft 5 -- Is completed. Resales, short sales & Foreclosures. Palms Place -- 599 condo hotel units, Palms Place is completed andunits are available. One Las Vegas -- Located on the South end of the strip, Condos are available. CityCenter - Is being completed in stages. Prices have been reduced by 30%. For latest prices and availability on ALL high rise projects in Las Vegas 702-263-4949 / www.gethighrises.com Las Ramblas -- Cancelled The Curve -- Cancelled HUE Lofts -- Cancelled. Las Vegas Central - Cancelled
For latest prices and availability on ALL high rise projects in Las Vegas 702-263-4949 / www.gethighrises.com Ivana -- Aqua Blue -- Majestic -- Krystal Sands --Urban Village - Liberty Towers -- Icon-. Pinnacle Towers. | ||||||||||||
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