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Patrick
Mar 14, 2006, 6:58 AM
Old Thread surpassed 2000 posts

Link to 1.0
http://forum.skyscraperpage.com/showthread.php?t=50286

Banner By Jazfingr, creator of the amazing Vegas Today and Tommorow website.
http://farm1.static.flickr.com/194/467984689_1334c44a40_o.jpg

VEGAS TODAY AND TOMMOROW
http://www.vegastodayandtomorrow.com/index.htm

VEGAS CONDO SCENE
http://www.vegascondoscene.com/

LUXURY REALTY GROUP
http://www.luxuryrealtygroup.com/

LAS VEGAS REAL ESTATE
http://www.lasvegasrealestate.com/

MANHATTANIZATION LAS VEGAS
http://www.manhattanization.com/

LAS VEGAS DIAGRAMS
http://skyscraperpage.com/diagrams/?14014822

LAS VEGAS SUN
http://www.lasvegassun.com/

LAS VEGAS MID AND HIGHRISE DIRECTORY
http://jenalpollard.tripod.com/id32.html

LAS VEGAS BUSINESS PRESS
http://www.lvbusinesspress.com/

LIVE CAMS
http://wwc.instacam.com/instacamimg/KLAST/KLAST_l.jpg?rnd=15-121720050102

Project maps from Jazfingr
http://www.vegastodayandtomorrow.com/VegasTaT_Maps.htm

BrandonJXN
Mar 14, 2006, 3:56 PM
So when will there be new rendrings for Palazzo?

Patrick
Mar 14, 2006, 5:55 PM
None have been released yet, besides that old one.

BrandonJXN
Mar 14, 2006, 7:29 PM
If I say this on SSC I'll get beheaded but the projects going on in Vegas are better than those going on in Dubai.

Juhl, H.U.E., Panorama, Las Ramblas, Stanhi, and Vegas 888 are my favorites.

Question: Why is Soho sitting on that massive base? Is there something in there?

Patrick
Mar 14, 2006, 7:43 PM
If I say this on SSC I'll get beheaded but the projects going on in Vegas are better than those going on in Dubai.

Juhl, H.U.E., Panorama, Las Ramblas, Stanhi, and Vegas 888 are my favorites.

Question: Why is Soho sitting on that massive base? Is there something in there?

Yeah thats a parking garage

JonVegas
Mar 14, 2006, 10:27 PM
There are some nice details on the base of soho but from far away theres really nothing to break up that flat white parking garage. I think it's a little too conservative. We'll see...

Ho-Dog
Mar 15, 2006, 12:17 AM
So when will there be new rendrings for Palazzo?

I am wondering about that as well, we need an update.

Vegas Grows Up
Mar 15, 2006, 1:38 AM
.

Chad
Mar 15, 2006, 2:54 AM
Wow...Great Compilation!!! @_@

mhays
Mar 15, 2006, 2:56 AM
Many nice looking projects!

I wonder how many of those "going to happen" projects will actually get built. If half of them break ground in the next few years I'll be impressed and surprised.

To say nothing of the "approved" projects, whatever "approved" means.

Patrick
Mar 15, 2006, 3:14 AM
Approved means they passed the city council and they said yes. So it probably will happen.

Those views are AMAZING, the Marriott and Signature @ MGM Tower make a great skyline cluster. The Aladdin Paintjob really sucks, the blue stands out too much.

mhays
Mar 15, 2006, 3:42 AM
Approved means they passed the city council and they said yes. So it probably will happen.



Getting a land use permit is easy.

The main killer of projects is a little detail called "market conditions". In LV the market conditions have turned negative for many projects, and they'll get worse.

The business media has been all over LV's plight -- Wall Street Journal, ENR, etc. Conventional wisdom has it that maybe 1/4 of LV's condo towers will get built anytime soon. A massive increase in construction prices is a key culprit.

GeorgeLV
Mar 15, 2006, 5:24 AM
Vegas Grows Up, just imagine how great those Panorama views will be when that parking lot is displaced by Project City Center...

comoneymaker
Mar 15, 2006, 5:33 AM
alright vegas needs 2 pages....one for casinos and the other commercial and res can i have a hard time telling which is which

Vegas Grows Up
Mar 15, 2006, 6:33 AM
.

Patrick
Mar 15, 2006, 8:50 AM
alright vegas needs 2 pages....one for casinos and the other commercial and res can i have a hard time telling which is which

Very few are actaully casinos or hotels, I'm slowly adding info to each project, but that takes a lot of time, I do it very slowly, so in the future you will be able too tell.

I have something very special on the way. I am going up again at night with my camera which does time exposure Stay tuned. And yes with City Center, it will rock!

That sounds cool! :D

SpeedyFarrar
Mar 15, 2006, 9:02 AM
mhays: Only a few projects are casinos so 1 thread is best. The casino projects are Red Rock, Encore @ Wynn, Cosmopolitan, Palazzo, City Center (main hotel), Echelon, W, and Las Ramblas. I may have missed one or two, but I got most of them.

VGU: Nice pictures! I wish I could hit the lottery and afford one of those condos.

The_Analyst
Mar 15, 2006, 6:37 PM
The Aladdin Paintjob really sucks, the blue stands out too much.

Hahaha...stands out too much? As opposed to emerald green MGM, a solid black pyramid, the skyline of Manhattan and the Eiffel Tower all within a mile? I do agree that the blue color is not esthetically pleasing but, hey, it's Vegas!

With respect to the view from Panorama I actually thought the opposite--once City Center is built out I am not sure the view will be that great. From the renderings and models I've seen the condo towers will be lined up in a boxy row along the freeway. Although they will not be a solid wall, the views directly east from Panorama will be mostly of those buildings. Views to the northwest and southeast should be amazing, though.

JonVegas
Mar 15, 2006, 9:37 PM
Getting a land use permit is easy.

The main killer of projects is a little detail called "market conditions". In LV the market conditions have turned negative for many projects, and they'll get worse.

The business media has been all over LV's plight -- Wall Street Journal, ENR, etc. Conventional wisdom has it that maybe 1/4 of LV's condo towers will get built anytime soon. A massive increase in construction prices is a key culprit.

LV's plight? The fact that any projects like this are being built in LV would have been unthinkable a few years ago. Even if every single project not now under construction was cancelled, LV would still have had a sizeable boom.

Even using your math of only 1/4 of the projects being built, that leaves 44 high-rise projects in the next 3 or so years.

Also in regards to conventional wisdom, in case you haven't noticed, it has never applied to Las Vegas. What makes you think it's right this time? :tup:

Ho-Dog
Mar 15, 2006, 10:12 PM
Sorry to get away from the present discussion, but Palms Place seems to be UC, steel is going vertical. Maybe someone else can drive up Hacienda and give us a second opinion.

mhays
Mar 16, 2006, 2:28 AM
LV's plight? The fact that any projects like this are being built in LV would have been unthinkable a few years ago. Even if every single project not now under construction was cancelled, LV would still have had a sizeable boom.

Even using your math of only 1/4 of the projects being built, that leaves 44 high-rise projects in the next 3 or so years.

Also in regards to conventional wisdom, in case you haven't noticed, it has never applied to Las Vegas. What makes you think it's right this time? :tup:

I agree that the numbers are still impressive -- no worries! Just not with the idea that "approved" or "selling units" means that specfic projects will probably get built.

JonVegas
Mar 16, 2006, 4:13 AM
I agree that the numbers are still impressive -- no worries! Just not with the idea that "approved" or "selling units" means that specfic projects will probably get built.

Agreed. The "probably" may be misleading.

Vegas Grows Up
Mar 16, 2006, 4:38 AM
With respect to the view from Panorama I actually thought the opposite--once City Center is built out I am not sure the view will be that great. From the renderings and models I've seen the condo towers will be lined up in a boxy row along the freeway. Although they will not be a solid wall, the views directly east from Panorama will be mostly of those buildings. Views to the northwest and southeast should be amazing, though.

Granted, City Center does look pretty full up against the freeway, but from this picture here, you can see why the view should still be amazing. From Left to right its good stuff. Only problem I see is Tower 3 will possibly block some of T1 and T2's North, Northwest views. This picture was taken from T1 21st floor.

http://img108.imageshack.us/img108/9154/panopanosmallsmall3ko.jpg

Coldrsx
Mar 16, 2006, 4:29 PM
alot of those arent very pretty, but damn thats a lot of towers

ScottG
Mar 16, 2006, 11:35 PM
http://www.vow2.com//library/images/reml/user/3/4027f2704491958eff06f77391755227.jpg

Trophy Towers, a multi-story condominium with panoramic views of both the world-famous Las Vegas Strip and Las Vegas Motor Speedway's 1.5-mile super speedway, is the latest addition to LVMS's multimillion-dollar makeover and will be a welcomed addition to the northeast valley.

Bruton Smith, chairman of LVMS's parent company, has overseen condominium projects at three other SMI speedways: Lowe's Motor Speedway in Charlotte, N.C., Atlanta Motor Speedway and Texas Motor Speedway in Fort Worth. Each project has been met with rave reviews.

In addition to the private units, Trophy Towers will feature a swimming pool, spa, workout room, private parking and high-tech security. The individual units will range in size from approximately 1,750 square feet to 3,500 square feet for the penthouse. Each condo will have views of both the Strip and the speedway.

AI Design Group of Charlotte, N.C., is the architect for the project. AI Design also has planned the speedway's infield renovation and has been involved in many projects at other SMI facilities.

Trophy Towers is scheduled to break ground sometime this year.

http://www.manhattanization.com/las-vegas/trophy-towers/profile.rub


.......


is anyone else getting tired of projects having 'las vegas' in their name?

ScottG
Mar 16, 2006, 11:36 PM
Project CityCenter Update
Another Look Into the Project
Project CityCenter Rendering
more images
Scheduled to open in late 2009, Project CityCenter will encompass 2.3 million square feet of residential space, with more than 2,000 luxury condos, along with a 60-story, 4,000-room hotel casino, two 400-room, non-gaming hotels and almost 500,000 square feet of retail shops, dining and entertainment attractions. MGM Mirage will team up with Bloomfield Hills, Mich.-based Taubman Centers, Inc. to attract top-flight retail tenants.

"Project City-Center confirms a cultural and lifestyle revival of city living, reaffirms the growing sophistication and maturity of Las Vegas and sets a benchmark for new growth and exciting new experiences as the city moves into its next 100 years," said Terry Lanni, chairman and chief executive officer of MGM Mirage.


Rendering
At $7 billion, the ambitious proposal expects to be the most expensive privately funded development ever undertaken in the U.S. After estimated proceeds of $2.5 billion from the sale of condos, MGM Mirage expects the net project cost will be about $4.5 billion.

"Our financing plan for Project City-Center calls for significant residential proceeds to supplement our available borrowing capacity and free cash flow to efficiently fund this major development, while maintaining maximum flexibility for other expansion initiatives," said Jim Murren, president, CFO and treasurer of MGM Mirage.


Rendering
Project City-Center expected to break ground in the middle of the year, will be built on about 66 acres between Bellagio and Monte Carlo, and will be connected to these resorts via a state-of-the-art people mover system.

The project will incorporate elements designed to make it one of the world's largest environmentally sustainable urban communities. From garden roofs to the use of reclaimed water, to the creation of a central, on-site power plant, Project City-Center is promoting responsible use of water, electricity and natural gas -- and becoming eligible for Leadership in Energy and Environmental Design certification.

kazpmk
Mar 17, 2006, 3:41 AM
Here's a question that hopefully one of you vegas forumers can answer: I know the cosmopolitan site is very active with construction, but is there actual foundation work going on for the two main towers??? If there ism what year did foundation work begin, 2005 or 2006???

solstadwest
Mar 17, 2006, 3:06 PM
Excellent comment I'm very confused on this one. My understanding is that this will be like " the big dig" ala palazzo. 5 story underground parking. after this is completed they will need to seek mor finatial input from Duetche bank for the residual of the construction. The casino tower will be built first then the beach tower ( the small tower closer to the strip) this smaller tower as of today is only 40% sold out! why? I don't know. out of all the condos this by far has the best location

ebatcave
Mar 17, 2006, 8:18 PM
Excellent comment I'm very confused on this one. My understanding is that this will be like " the big dig" ala palazzo. 5 story underground parking. after this is completed they will need to seek mor finatial input from Duetche bank for the residual of the construction. The casino tower will be built first then the beach tower ( the small tower closer to the strip) this smaller tower as of today is only 40% sold out! why? I don't know. out of all the condos this by far has the best location
I agree that the beach tower has the best location. My hunch on why the beach tower is only 40% sold out is the same studio sold for a couple of hundred grand less in the main tower, which doesn't make it as good a value for investors. Also, there is a 30% down requirement for the beach tower versus the 20% for the main tower...

Big Sands
Mar 18, 2006, 3:06 AM
reviewjournal.com has banner ads for the W Las Vegas Residences. Advertised as "from $650,000". The studios have been reported to only be 500 sq feet. Is $1,300 a sq ft close to the top for the LV market?

The_Analyst
Mar 18, 2006, 4:16 AM
Cosmopolitan does have one of the best locations, particularly for those looking for a weekend getaway place, rather than a full time home. Aside from price and a general slow down in the market at this time of the year, I suspect that time to completion has something to do with it as well.

When you think about it, someone who is in the market for a half or full million dollar pad might want to move in to something sooner rather than later. Cosmo beach tower is several years away. But, with Panorama, Sky, MGM, etc. all coming on line soon, buyers might be hoping to find something available now or within a year.

Before the boom, there was no alternative to waiting since there was nothing already available. Now, there are some options that might be available sooner.

By the way, I got an e-mail from Las Vegas Central for an exclusive preview next week. So, looks like they are moving forward with their sales efforts finally.

GeorgeLV
Mar 18, 2006, 11:09 PM
Just in case the other Vegas forumers hadn't noticed, Palms Place is already going vertical.

vegasrain84
Mar 19, 2006, 5:06 AM
Las Vegas Review-Journal

Big work, big name, big time

Major concrete pour helps lift Trump high-rise condo project to new level

By HOWARD STUTZ
GAMING WIRE
New York developer Donald Trump doesn't like to do anything small.

http://www.reviewjournal.com/lvrj_home/2006/Mar-18-Sat-2006/photos/business.jpg

http://www.reviewjournal.com/lvrj_home/2006/Mar-18-Sat-2006/photos/trump.jpg

Take, for example, the task of completing the largest level of the $500 million Trump International Hotel & Tower, now under construction behind the New Frontier.

Perini Building Co., the project's general contractor, is overseeing a two-day placement of approximately 2,100 cubic yards of concrete that will form the tower's sixth-floor recreational deck. It isn't the largest single concrete pour the company has accomplished -- the basement levels of several Strip casinos were a greater magnitude -- but the challenge is the area of the building.

"It's a little more difficult because it's vertical," Perini Chairman Dick Rizzo said of the sixth-floor location. "What's most significant is the size of this building. For now, other than the Stratosphere, nothing will be taller."

Trump, builder of Manhattan skyscrapers and developer of prime New York real estate and star of NBC's "The Apprentice," said his first Las Vegas project was 20 years in the making.

"It's exciting to see this building take shape because I always thought it would be a total winner," said Trump, whose name had been rumored concerning the purchase of various Strip casinos and Las Vegas real estate over two decades. "It's going to be an amazing building in a great location. The Trump brand is good for the city."

The concrete pour began at 1 a.m. Friday and went for four hours with nonstop delivery of materials by more than two dozen trucks. The pour is scheduled to finish Monday with a second four-hour early-morning effort.

The recreational deck, the elevated public level of the 64-story, 1,282-unit project, will eventually encompass 36,000 square feet for the tower's pool area, spa, gym, meeting rooms, salon and a snack bar. A five-story parking garage and Trump International management offices will be below the recreation deck.

Once the level is completed, the 620-foot tower will begin to take shape.

Perini, which broke ground on the project last summer, said it expects to complete one floor every six days with a total construction period of 72 weeks. The first residents are expected to move into Trump International in early 2008.

Trump said his Las Vegas project has not been beset by factors that have hampered other proposed Las Vegas high-rise developments, mainly the growing cost of construction. Trump said he locked in 90 percent of his construction costs when he first announced plans for the development in 2004.

"Las Vegas has become a very expensive place to build," Trump said. "As soon as I finished my plans, I bought my construction. The elevated construction costs have hurt a lot people here."

Perini Building is also the general contractor on MGM Mirage's $7 billion Project CityCenter and the $1.8 billion Cosmopolitan. Trump, he said, had perfect timing for building his tower.

"He was out of the blocks first, which was important because his price was guaranteed," Rizzo said. "He'd done extremely well."

Rising fuel costs have driven up the price of building materials throughout the country, said Trump, who is developing residential projects in New York City and West Palm Beach, Fla., a 92-story tower in Chicago and a golf course and residential development outside Los Angeles.

"Concrete and steel prices have gone through the roof," Trump said. "A large part of construction is dictated by fuel costs. Construction costs have got to be the highest I've seen in years."

Labor issues, Trump said, haven't been a factor in construction of Trump International. A recent study by Deutsche Bank found that lack of qualified labor in Las Vegas is threatening the development of new casinos and high-rise condominiums.

"The advantage I have is that people want to work for me," Trump said. "I've had a good relationship with the contractors in Las Vegas."

Before groundbreaking, Trump International had been 100 percent reserved. The Trump sales force has been converting the reservations into actual sales for the studio, one-, two- and three bedroom condominiums that range in size from 635 square feet to 3,530 square feet.

As of early this week, about 100 units were still available.

"Perspective buyers drop out for various reasons, but we have a solid list of people who are interested in the building," said Jack Christie, vice president of sales and marketing for Trump International. "People are cautious, but there's a lot of demand to be part of the Trump project."

As reservations have fallen through, prices have gone up, about 15 percent overall. Today, the smallest unit sells for $755,000, Christie said. The failures of competitors have also helped the project, he added.

Trump International will allow its condominium owners to lease their units as hotel rooms, and Christie said there not many condo-hotels coming to fruition.

"There are probably only 5,800 condo-hotel units that are going to be built, so that has helped our sales," Christie said.

Trump said he was the first developer in Las Vegas to sell residential units for $1,000 a square foot. He said the prices have risen to now average $1,200 a square foot.

Trump is planning an identical second tower for the Trump International site, but by the time he's ready to release the building for sales -- possibly by year's end -- prices could increase 30 percent to 35 percent per unit.

"Where I come from (New York), prices are around $4,000 a square foot on Park Avenue, so it's all relative," Trump said, adding that rising construction costs will impact the overall price tag of the second tower.

The only question surrounding the project is the fate of neighboring New Frontier. Trump said he expects owner Phil Ruffin to shortly announce a redevelopment for the hotel-casino.



Find this article at:
http://www.reviewjournal.com/lvrj_home/2006/Mar-18-Sat-2006/business/6407284.html

vegasrain84
Mar 19, 2006, 5:29 AM
what ever happened to Sandhurst? I haven't heard much about the project, did it get lost in the dust so to speak??

jazfingr
Mar 19, 2006, 8:54 AM
Hi guys and welcome to all of the new folks. It's been a while since I've posted, but I'm always lurking here.

I've been busy (slowly but surely) working on a cosmetic makeover of vegastodayandtomorrow.com (http://www.vegastodayandtomorrow.com)

I had a chat with the Sandhurst folks. They told me that one of their investors backed out due to an article in the Wall Street Journal that panned the Las Vegas condo market. They are working with another investor and things are looking positive.

Damn the press, I hate uninformed, ignorant reporters. A few bad words can spoil the future of a city.

Sandhurst is an important key to the development of downtown. It is a beautiful project in a prime location. Let's hope this investor reads this thread.

vegasrain84
Mar 19, 2006, 6:06 PM
Hi guys and welcome to all of the new folks. It's been a while since I've posted, but I'm always lurking here.

I've been busy (slowly but surely) working on a cosmetic makeover of vegastodayandtomorrow.com (http://www.vegastodayandtomorrow.com)

I had a chat with the Sandhurst folks. They told me that one of their investors backed out due to an article in the Wall Street Journal that panned the Las Vegas condo market. They are working with another investor and things are looking positive.

Damn the press, I hate uninformed, ignorant reporters. A few bad words can spoil the future of a city.

Sandhurst is an important key to the development of downtown. It is a beautiful project in a prime location. Let's hope this investor reads this thread.


Thanks for the info Jazfingr! I hope all works out for Sandhurst, I really am looking forward to seeing it going skyward..

The site looks great, good updates, and the maps look good too. Keep up the good work!

As I was looking on Vegastodayandtomorrow, I was looking at the new PCC renderings, and so I decided to go to the websites of the architects. I noticed something when I was going through the website of Rafael Viñoly and was looking at some of the renderings of PCC, I noticed a couple of things, first the Oval Pedestrian bridge does not meet the corners of the Harmon realignment to the eastern intersection of Harmon.. I wonder if they will realign the eastern intersection of Harmon and LVB, or leave it be?? I thought that was interesting.. I noticed the oval "on ramp, off ramp" on what looks like an 8 lane SuperArterial Harmon Ave. I also noticed that the main tower had 2 distinct designs shown in the rendering, and that all the renderings appear to be much taller than the Cosmo being built next door.. From what I read in the County Commission website, the building has a maximum height of 600 feet, while Cosmo has a maximum height of 605 feet.. I thought that was interesting as well.. Plus with the curved building that Vinoly is designing I thought the Spiral tower was to be next to it, yet I dont see where there is room for the spiral tower, nor is it included in the rendering, however the zoning information on the County website includes it as part of the plan.. It seems James KM Cheng is hard to track down online, so i couldn't find info on the twisting tower design.. Perhaps because the Agenda is about a month old, dated 02/09/06, these renderings reflect changes, or perhaps the other way around, they do NOT reflect changes made to the building height. Cesar Pelli's Towers are both the same height (600 ft) according to the Agenda the north tower is 43 floors while the south tower is 48 floors. Which is confusing to me if they are both the same height, so perhaps there are some open spaces above the main floors. I hope to see a combined rendering of the entire project sometime with the final design to provide some clarity.. Construction on the first phase of the project should take place in April or May, as the Boardwalk is prepared for demolition in 9 days.

For more info, check out the wikipedia page of PCC:http://en.wikipedia.org/wiki/Project_City_Center

And the County Agenda Sheet for PCC:
http://dsnet.co.clark.nv.us/dsnetapps/agendaweb/Data/P0166576.htm

ebatcave
Mar 20, 2006, 4:56 PM
Vertical construction is well under way on Tower I of Allure Las Vegas and it's right on schedule, officials said.

The luxury high-rise has already grown six stories and when completed, the two 41 story towers that comprise Allure will offer 900 residential high rise units. Allure Las Vegas Tower II residences are also currently for sale and with the city-wide high-rise condo supply diminishing, they are proving to be quite a value.

"In a headline grabbing market like Las Vegas, being under construction means a lot," said Bea Goodwin, vice president of sales and marketing for International Sales Group. "You hear so much about the few projects that are announced but don't move forward and so little about those that are thriving and actually being built. I'm proud to announce that Allure is standing and growing tall."

Maintaining a 25-month overall construction schedule, the concrete structure is complete through the sixth floor. Once the seventh floor is poured, construction will accelerate to pouring a floor per week. When finished, Tower I will have 428 units comprised of studios, one, two and three bedroom residences, as well as tower suites and extraordinary penthouses. Mirroring the success of Tower I, Tower II will have 472 units with 14 distinct open floor plans being offered ranging in size from 669 to 4,218 square feet.

Every carefully planned Allure residence will have exceptional designer ready appointments and finishes. Impressive floor to ceiling windows and spacious balconies will allow for sweeping views of The Strip, the valley's breathtaking mountain ranges and the city lights of Downtown Las Vegas. Hands down, Allure offers the best views in Las Vegas.

Each home will provide an atmosphere of personal luxury with exceptional amenities and superbly executed finishes, such as stainless steel GE Profile appliances, granite counters, European style cabinetry, Italian tile floors and lush landscaping with an expansive pool deck surrounded by private exclusive cabanas equipped with Wi-Fi.

There also is something new and delightfully out of the ordinary at Allure. Unique to this community, Allure Now is Allure's new and very exciting Five-Star Concierge service. Allure Now will allow Allure purchasers to enjoy the Las Vegas lifestyle while their residence is still being built. Preparations are being finalized for the introduction of this unique concierge service exclusively available to buyers at the time of their Allure purchase.

Additional Allure Five-Star services include valet, storage spaces, 24 hour doorman, club room with catering kitchen, business center with Wi-Fi, media room and conference facilities, a private wine cellar and professional on-site management. Additionally, Allure offers peace of mind to homeowners as a gated community with enclosed and secure parking.

"Today's Las Vegas high-rise shoppers are increasingly savvy; they recognize that within this shrinking market Allure offers quality, value and a strategic location as well as a credible developer with a demonstrated track record," said Goodwin.

Strategically located on Sahara Avenue just west of the famed Strip, Allure is poised to become known as a premiere residential landmark in Las Vegas and will offer an unparalleled choice for homebuyers seeking an exciting and accessible lifestyle.

Allure is a project of Fifield Companies of Chicago, one of the nation's top developers and builders of high rise luxury towers. Established in 1977, Fifield has earned a reputation for creating superb living environments in some of the country's most renowned locations.

SpeedyFarrar
Mar 20, 2006, 5:56 PM
I'm pretty sure this is the W, I didn't know it would have so many condo units!

http://dsnet.co.clark.nv.us/dsnetapps/agendaweb/Data/P0170163.htm

Big Sands
Mar 20, 2006, 8:33 PM
I'm pretty sure this is the W, I didn't know it would have so many condo units!

http://dsnet.co.clark.nv.us/dsnetapps/agendaweb/Data/P0170163.htm

And...

1. Permit a 50 story, 1,000 room resort hotel/casino.

2. Permit a 50 story, 3,000 unit resort condominium tower.

None of the designs show either tower being significantly larger than the other, width-wise, so I don't know how they plan on isolating all of the condo units into one tower.

Some info was circulating saying that there might be only 2,000 units total and only 500 condo/hotel out of those, but I guess not. No way this gets built for $1.7 billion, but I guess if they sell $2 billion worth of condos it doesn't matter.

Kirk_B
Mar 21, 2006, 12:20 AM
I have been following the new major projects in the Las Vegas Valley very closely and have compiled an extensive list. Here it is. All info I have got off of the internet, no confidential info is on here to my knowledge. Please edit it with any info you all have, especially names, locations, opening dates, and status, architects, developers, interior designers, etc. Thanks

Purple = Status Unknown
Blue = Proposed
Orange = Under Construction
Green = Completed
Red = Dead

EDITS:
3/22/06
GeorgeLV - 3883 Hughes is under construction.
LMich - And Majestic isn't dead, right?
Ho-Dog - ^ I believe it's still active, they did change the design.
SpeedyFarrar - Town Center is under construction, and I'm not sure if the Hard Rock Residences is totally dead yet, but it's pretty close, I'd catagorize it as Unknown
ScottG - Molasky...steal beams are goin all over the site- its goin up fast!

Name - Location - Opening - Status

3883 Hughes Center
4275 Dean Martin - 4275 Dean Martin
601 Freemont Street
Aliante Station
Allure - LVBLVD/ Sahara - 2007
Aqua Blue - Flamingo/ Koval
Blu Las Vegas
Boca Raton - LVBLVD south - 2009
Bourbon Street Site - LVBLVD/Flamingo
Boyd Development - Centennial/Lamb
Castaways Site - BLDR HWY
Chinatown
Cielo Vista - Washington/ Veterans - Mid '07
City By the Bay Resort
City Center - LVBLVD/ Harmon - 2009 - BG mid 06
Club Renaissance - Casino Cntr./ Bonneville - 2007
Conrad
Cosmopolitan - LVBLVD / Bellagio - 2008
Crescent - Wells Fargo Center
Curve - 215/Durango
Domus Las Vegas
DRH Condos - Flamingo/Koval
Durango Station
Dynasty Tower
Echelon Place - Stardust
Eighty on Fourth
Ellis Island - Flamingo / Koval
Encore @ Wynn
Evolution
Flatiron - LVBLVD/Main
Fontainebleau - LVBLVD/Riviera - 2008 - Questionable
French Quarter Lofts
Gateway - Charleston/LVBLVD
Golden Nugget Expansion
Grand View
Hard Rock Residences
Highland/Polaris - Highland/Polaris
Holsom Lofts - Charleston/I15
HUE Lofts - Charleston/ Casino Ctr. - 2007 - Questionable
Icon - LVBLVD/ Conv. Cntr.
Inspirada
Ivana Tower - Sahara/LVBLVD
Juhl Lofts - Downtown - 2007 - Questionable
Kennedy Towers
Key Largo Condos - Paradise/ Flamingo
Kimberly Place
Krystle Sands - LVBLVD/ Riviera
Las Ramblas - Harmon/ Paradise - 2008 - Questionable
Las Vegas & Garces
Las Vegas Cay Club
Las Vegas Central - Convention Center - 2007 - Questionable
Liberty Tower - LVBLVD/ St. Louis - (Could be revived as 'Monument')
Live/Work Las Vegas
Loft 5 - LVBLVD/ Pebble - Spring '06
London Hotel Casino - LVBLVD
Majestic - LVBLVD/ Conv. Cntr.
Manhattan - LVBLVD/Serene - Late '06
Metropolis - DI/ Paradise - 2005
MGM Residences - MGM
Molasky Corporate Center
New Frontier
Newport Lofts - Casino Cntr./Hoover - Late '06
One - LVBLVD/ Shelbourne
Onyx Condos - Tropicana/Koval
Palazzo - Venetian - Mid 2007
Palms Place - Palms - Late '07
Panorama Towers - Industrial/ Harmon - Early 06
Paradise Bay Resort
Park Avenue - LVBLVD/Pebble
Pinnacle Towers - Tropicana/ Decatur - Late '08
Platinum - LVBLVD/ Flamingo - June '06
Renzi Towers - 3rd/California
Royal Resort
Sandhurst - Charleston/Grand Cntrl. - 2008 - Questionable
Sky - LVBLVD/ Circus Circus - Late '06
SoHo Lofts - 4th/Hoover - Jan. '06
South Beach Hotel Casino - LVBLVD/Dean Martin (Golden Palm site)
Southern Highlands Resort
Spanish View Towers - 215/ Buffalo - Mid '06
SprMtn/Polaris - SprMtn/Polaris
Stanhi - Downtown - 2008
Streamline Tower - LVBLVD/ Ogden - Early '07
Sunset/Durango - Sunset/Durango
The Curve - Durango/ 215 - 2007 - Questionable
The Flatiron
Town Center - LVBLVD/215
Trophy Towers - Speedway - BG 2007
Tropical Bay Resort
Tropicana Hotel Site - Trop/LVBLVD
Trump Towers - LVBLVD/ Spr. Mtn. - Mid '07
Twain/Polaris - Twain/Polaris
Tycoon Resort Casino
Ultimate Sports Resort - LVBLVD North(near speedway)
Vegas 888
Vegas Grand - Flamingo/ Swenson - Questionable
Versailles Condominiums
Voyager - LVBLVD/Westward Ho - Questionable
W Hotel - Flamingo/Koval - Questionable
Wall Street Towers
Westgate/Planet Hollywood - Aladdin - 2007
Wild Wild West Site - Trop/Polaris

GeorgeLV
Mar 21, 2006, 3:04 AM
3883 Hughes is under construction.

LMich
Mar 21, 2006, 5:17 AM
And Majestic isn't dead, right?

Ho-Dog
Mar 21, 2006, 8:07 PM
^ I believe it's still active, they did change the design.

Glad to see you posting again Jaz, site is looking good, it's nice to see the site evolving and expanding over time, good job.

SpeedyFarrar
Mar 22, 2006, 4:02 AM
Town Center is under construction, and I'm not sure if the Hard Rock Residences is totally dead yet, but it's pretty close, I'd catagorize it as Unknown

ScottG
Mar 22, 2006, 6:57 AM
http://img15.imageshack.us/img15/6185/ghj6bw.jpg

not sure if you had this up there.......steal beams are goin all over the site- its goin up fast!

Kirk_B
Mar 22, 2006, 3:21 PM
http://img15.imageshack.us/img15/6185/ghj6bw.jpg

not sure if you had this up there.......steal beams are goin all over the site- its goin up fast!

what project is that?

ScottG
Mar 22, 2006, 5:43 PM
the molasky corporate center- its goin next to the IRS building downtown (notice the plaza hotel in the background)

its taking on 'green' architecture being a LEED building - environmentallly friendly

GeorgeLV
Mar 23, 2006, 2:58 AM
Does anybody know how tall/how many floors the Golden Nugget Expansion will be? According to Jaz's page site prep is underway. http://www.vegastodayandtomorrow.com/golden_nugget.htm

Bender13
Mar 23, 2006, 10:49 PM
Had some extra time today, so I had fun with the Statosphere webcam. Took pictures of most of the projects under construction. Hope you like em.

MGM Signature
http://img468.imageshack.us/img468/8944/mgm3if.th.jpg (http://img468.imageshack.us/my.php?image=mgm3if.jpg)

Panorama Towers, second tower is getting close to the top.
http://img296.imageshack.us/img296/1096/panor8jm.th.jpg (http://img296.imageshack.us/my.php?image=panor8jm.jpg)

Harrahs/Venetian garage, this is kind of wierd. Is anything going in between those two garage towers?
http://img460.imageshack.us/img460/8655/garage4bq.th.jpg (http://img460.imageshack.us/my.php?image=garage4bq.jpg)

Palms Fantasy Tower, that's one big Playboy logo.
http://img463.imageshack.us/img463/5560/palm3nn.th.jpg (http://img463.imageshack.us/my.php?image=palm3nn.jpg)

Trump Tower
http://img296.imageshack.us/img296/4494/trump5dn.th.jpg (http://img296.imageshack.us/my.php?image=trump5dn.jpg)

Sky Hilton Grand Vacations 2
http://img460.imageshack.us/img460/9053/skyhgv26ny.th.jpg (http://img460.imageshack.us/my.php?image=skyhgv26ny.jpg)

Turnberry Place 4, getting close to completion.
http://img463.imageshack.us/img463/4286/turnp45sc.th.jpg (http://img463.imageshack.us/my.php?image=turnp45sc.jpg)

turnberry towers 1
http://img460.imageshack.us/img460/487/turnt11ak.th.jpg (http://img460.imageshack.us/my.php?image=turnt11ak.jpg)

turnberry towers 2
http://img460.imageshack.us/img460/5793/turnt26yo.th.jpg (http://img460.imageshack.us/my.php?image=turnt26yo.jpg)

Newport Lofts, that center elevator shaft is getting high.
http://img460.imageshack.us/img460/6821/newport0ad.th.jpg (http://img460.imageshack.us/my.php?image=newport0ad.jpg)

ScottG
Mar 24, 2006, 12:25 AM
The Station Casino’s are joining the craze
Red Rock Residences


The newest addition to the Stations: Red Rock Casino is opening April 18th and following close behind, Red Rock Residences, will break ground around October. This new phenomenal highrise project on the horizon is being developed by three of Las Vegas' most successful and multigenerational developers. The Fertittas, Molaskys, and Cloobecks are respected for the success and quality of their projects. With the strength of these local developers and the location of the project The Residences at Red Rock will be a very desirable project.

When a Residence is connected to a Casino, it means more then just an elevator ride to slot machines; it means you get a piece of the pool, spa, and amenities available to casino visitors only it’s your backyard. More than three acres of poolside perfection will beckon at your bare feet, with 19 irresistible private cabanas, swim up gaming and an exotic island. Or, cruise over to the Sand Bar, where you can enjoy refreshing bites, cool cocktails and frou-frou drinks galore.


http://www.vow2.com//library/images/reml/user/3/6feaea128732f877ab53369a07cbffd6.jpg

The Residences are being built in the fastest growing community in the United States, Summerlin. Located to the west of the Las Vegas strip at the base of the beautiful Red Rock Mountains, Red Rock Residences will be a part of Station Casino's one billion dollar plus Red Rock Casino and Spa.

With the strip on one side and the wondrous mountains of Red Rock on the other who can refuse such a project, truly the best of both worlds. The Penthouses as well as selected units will encompass the spectacular beauty of both directions.

....................

Red Rock Residences Las Vegas


Red Rock offers more than 70,000 square feet of stunning meeting and conference facilities accommodating any size event, from 15 to 1,500. Many of the spaces are naturally-lit and overlook the stunning Red Rock Canyon and 3 acre pool backyard. Wow factor: guaranteed.

Relish your late-night rendezvous with contagious beats in a high-energy dance club. Watch the sun set over the enchanting pool back yard with a glass of champagne. Or simply relax and enjoy the latest entertainment acts in our alluring lounges. No matter your party style, Red Rock offers every flavor of nightlife.

Join the dance floor at Cherry Nightclub is an edgy dance club, hosted by the area's hottest DJs, or just chill at the Onyx Bar martini in one hand and the view stretching ahead. You could also drop the kids off at Kids Quest a the specially-designed floor-to-ceiling climbing maze and play structure and head out to the fabulous strip just a few minutes away. The next day wash away your sins at the state-of-the-art fitness center, salon and spa.

http://www.manhattanization.com/las-vegas/red-rock-residences/profile.rub

CHAPINM1
Mar 24, 2006, 6:26 PM
I was so sad when I saw the Ivana canceled... :( However, I am so glad to see the Wall Street Towers being build along with a few others that have just started construction. I was wondering though, even though the Trump Tower Hotel will be 64 floors, why such a low height? I mean 622 feet divided by 64 floors doesn't even equal 10 feet between floors, it will probably not have high ceilings, that's my explanation... In condos where people will be paying top dollar and especially in the penthouses poeple will want ceilings. Who knows though, they may suprise us and build them higher yet and emporis might have the figures wrong, they need to dramatically update their Las Vegas Page, they don't even have the Club Renaissance listed as under construction. Also since there are 2 Trump towers, is one going to strictly be hotel and the other strictly condo? I should start a thread just for the Trump Towers, Stanhi, and Club Renaissance even though I can't get frequent pictures of them, they would be great places for people to share updates.:) Anyway lemme know what you guys think.:D

Also, if Trump is using concrete that might explain the fact that they might not need as much space between floors as they would steel... That's all I could think of for that.

ScottG
Mar 24, 2006, 7:20 PM
was the stratosphere SO great that is should be replicated? Not really

Birmingham thinks otherwise!

City's skyscraper theme park plan

http://newsimg.bbc.co.uk/media/images/41481000/jpg/_41481000_pinnacle.jpg

The tower is similar to the Stratosphere casino in Las Vegas
A £60m skyscraper with theme park rides and a restaurant at the top could be built in Birmingham.
The 175m (574ft) Birmingham Pinnacle will be built next to Millennium Point, if the city council approves the plans.

Rides include a high level seesaw, a freefall parachute drop, a bungee drop and a 50-passenger gyro ride.

The building would be the Midlands' tallest, the first of its kind in Europe and would resemble the Stratosphere tower in Las Vegas.

Richard Pawley, chairman of ROC International Towers which is behind the proposal, said he had been working with Birmingham City Council for the past 12 months.

In 2003, the council said it encouraged well placed, high quality tall buildings that would enhance the city's image.

Mr Pawley said: "The leisure market is set to grow steadily over the next few years and the challenge for us has been to find innovative ways to capture people's imagination. I am sure this theme park will do that."

'Vertical entertainment centre'

Councillor Ken Hardeman, cabinet member for regeneration, said he thought the Pinnacle would be a "magnet" for visitors.

It is hoped that it would attract one million visitors in the first 12 months.

Birmingham City Council confirmed it had been in discussion with the developers and is "broadly supportive of their proposals". It anticipates a planning application "in due course".

If plans are approved, developers said they hope that the "vertical entertainment centre" would be open within two years.

The building would be illuminated by lasers at night and visitors can view the city from an observation point from the top two storeys.

Due for completion later this year, Beetham Tower will become Birmingham's tallest building at 122m (400ft).

The 39-floor tower will include 160 apartments, a hotel and health club.

http://news.bbc.co.uk/2/hi/uk_news/england/west_midlands/4840984.stm

GeorgeLV
Mar 26, 2006, 1:01 AM
Looking over the agendas, I found that six 22 story (268 ft) condo towers have been proposed for Hughes Center on Paradise & Sands. http://dsnet.co.clark.nv.us/dsnetapps/agendaweb/Data/P0170245.htm

Patrick
Mar 26, 2006, 1:55 AM
Wierd huh? Well I already added them to the database

sky-of-webs
Mar 26, 2006, 2:56 AM
With their great web site, and huge amount of financial investment in the project so far, not to mention the best looking condo tower, amenities wise, I have total belief Club Renasiance will be built. But having it listed as under cunstruction is still to premature, most of the old houses are still on-site. There is no trailer, no fencing and no ground work to speak of.
And for Streamline, behind the plywood fence only a level dirt lot exists.
I'm not negative on these properties, I just want to keep the thread up to date and factual.
By the way, the red and white tower cranes at Sky are cool looking.
And I was wondering who had such a large creeper crane up behind the Union Plaza. The Molasky center.

ScottG
Mar 26, 2006, 6:49 AM
^^^^^ i thought club ren construction would not jump track as fast as it sounded.....:shrug: ....whats to come......?


_____________________________________________________________________
ANYWHO....

ever wonder what the stratosphere would look like with some damage?
http://img95.imageshack.us/img95/3064/untitled8cv.jpg
http://img95.imageshack.us/img95/2105/domino10rh.jpg
http://img97.imageshack.us/img97/8238/domino28nq.jpg
http://img95.imageshack.us/img95/663/domino38ev.jpg

YES THESE ARE FAKE!

so remember a while back, i mention this movie: DOMINO? well here are some screencaps of the ending.......(its not ruining the movie for ya- its shown in the trailer that the stratosphere gets blown)

Patrick
Mar 26, 2006, 7:50 AM
Wow cool screencaps, I love movies with destruction :) Finally Vegas get something destroyed in a new movie.

Ho-Dog
Mar 26, 2006, 6:25 PM
Wow, nice special effects, that is awesome.

ScottG
Mar 27, 2006, 9:24 PM
the vegas888 sales office is almost complete, they are putting pavment down.

palms place now has an erected crane up (they shall go vertical soon!)

vegasrain84
Mar 28, 2006, 8:56 AM
Hey guys.. It looks like the forum has slowed down.. The development hasn't, except it seems that there aren't as many new proposals coming out like there were a few months ago. Where is everyone?
Great news on Palms place and I noticed that Molasky(sp?)Center is up to the second floor it looks like. It seems to be going up pretty fast. Allure is sprouting up at a pretty good pace as well. I wonder what they are going to do with the plot of land on the other side of allure next to HGVC. Anyone know?

vegasrain84
Mar 28, 2006, 8:59 AM
Oh and about the movie DOMINO.. Horrible movie. I saw it in a free sneak preview, I was just glad that the movie was free. I think the only interesting aspect of the movie was the scene with the Stratosphere because of the special effects.. sorry for the rant..

Bender13
Mar 28, 2006, 3:56 PM
Yea there hasn't been alot of news lately, but I did find some bad news. The Curve is delayed and is offering refunds on its sales.:(

http://www.reviewjournal.com/lvrj_home/2006/Mar-28-Tue-2006/business/6546528.html



Mar. 28, 2006
Copyright © Las Vegas Review-Journal

Curve taken out of the loop

Sales suspended for condominium development, but exec says project isn't dead

By HUBBLE SMITH
REVIEW-JOURNAL
Letters have been sent to nearly 100 buyers at the Curve high-rise residential project planned in the southwest Las Vegas Valley offering to refund their deposits or extend their contracts by 150 days, an executive with the development said.

Paula James, vice president of the Curve, said sales have been suspended, but the project has not been canceled.

Developers had a 180-day contingency period to reach 75 percent presales required for financing and failed to meet that goal, she said.

Most lenders want to see at least 60 percent in presales before signing off on financing.

"It (presale percentages) kept going up as the media got more negative," James said. "The number kept going up as other properties continued to not be built. It just made lenders nervous."

The first tower at the Curve was 53 percent sold with 97 entities putting 10 percent of the purchase price down on units that sold from $385,000 to more than $1 million.

James said she's received calls from buyers who were saddened by the news and want to come back into the project with the 150-day extension. Their money is still refundable.

"We're looking forward to building the project. We're not interested in selling the land and we're not in a position that we have to sell," she said. "That would be the easy way out. It's tempting to look at the offers coming in for a straight sale. We just need to regroup. We ran out of time."

Sheila and Bob Joseph, business owners from California, bought into the project soon after it was announced last year and canceled their contract in January when they didn't see construction beginning as scheduled at the 45-acre site.

"We were just reading a lot about real estate in that area and taking a look while we were there at what wasn't moving," Sheila Joseph said. "Not only reading, but the gut feeling we got about the project."

Bob Joseph said he liked the looks and location of the Curve, but he didn't like the contract. The deal, he said, allowed the developer to change the floor plan specifications and required the buyer to pay the escrow fee and seller's tax.

"That's when I started to say it's not the right deal," he said. "We were looking at it as a rental. If there's going to be a glut of condos built in Las Vegas, it's not going to be a seller's market."

Bruce Hiatt of Luxury Realty Group said his clients had little interest in the Curve because of its location at Durango Drive and The Las Vegas Beltway.

"It was quite expensive. What could you sell it for later? My clients decided they'd have better appreciation on the Strip. They weren't sold on the suburbia condos, unless they specifically lived in that area. Then it tends to be work-related. But if they're an investor, they want to be in the heart of things," Hiatt said.

It's much tougher to convince developers about projects in the suburban market, Tim Sullivan of the Sullivan Group said at a housing seminar last year.

"My thought is if we had the Curve developed, it would be highly successful," he said. "But they've got to prove it. Right now, there's a lot more hype than reality."

Partners in the Curve include two general contractors -- Mike Dean of M.J. Dean Construction and Bill Richardson Sr., a former Mandalay Resort executive who runs W.A. Richardson. Other partners are Dan Juba of Klai-Juba Architects and local developers Randy Black Jr. and Mike Chernine of Land Baron Investments.

Construction of the $300 million first phase of the Curve, which would include two 18-story luxury condo towers and 12 commercial buildings, was supposed to start late last year.

The project is designed to cater to the growing southwest submarket, which is projected to double in population to 220,000 by 2010. More than 30 percent of the people are 25- to 35-years-old age and their median income is nearly $67,000.

Ron Snyder of Rise Realty, who is marketing the $850 million Pinnacle project on Tropicana Avenue, said although suspension of the Curve's development is unfortunate for stakeholders, at the end of the day, the market rules.

"Enlightened developers invest in understanding the market, not just who the buyers are, but what motivates them, and are designing product to meet their needs," he said. "Being a high-rise condominium developer in Las Vegas today requires that you research and analyze, target and stay focused, and be a realist, meaning that you approach a development with an optimist's heart and a pessimist's antennae."

Luxury Realty's Hiatt said he thought the Curve was a "cute" project overall, but its location was a challenge. Had it been closer to the Strip or even downtown, it might have done well, he said.

With projects such as the Curve and the Hard Rock Hotel expansion being suspended and others such as Icon, Krystal Sands and Aqua Blue being canceled, Las Vegas is coming into a "perfect storm" with dwindling supply and continued demand, Hiatt said. That has raised entry-level pricing for most of these luxury high-rises to $600,000 and $700,000 a unit, he said.

AhChu
Mar 29, 2006, 1:22 AM
The Curve huh? I was told by them that they were moving onsite... There are so many lies going around in this industry. I guess it makes sense that they stopped sales of tower 2 2 months ago. EIther way, they are fairly close to that 60% threshold. Perhaps, they may be able to find a couple of investors and sell off those units at a discounted rate... Just a thought.

WonderlandPark
Mar 29, 2006, 1:41 AM
Hard Rock was cancelled? Those twin 750ft towers?

vegasrain84
Mar 29, 2006, 2:10 AM
Hard Rock was cancelled? Those twin 750ft towers?

yes Hard Rock was cancelled, but they were not 750 foot twin towers. I believe you are thinking of Wall Street Towers, those are the only 750 foot twin towers I am aware of, and they are not cancelled.

vegasrain84
Mar 29, 2006, 2:12 AM
I finished the W Hotel. What do you guys think?

http://www.skyscraperpage.com/cities/?buildingID=43058&drawingID=40078http://www.skyscraperpage.com/cities/?buildingID=44435&drawingID=40079

dcmcgov
Mar 29, 2006, 2:18 AM
This is awesome!
I love the Flatiron Vegas, as well as the Renzi and the Stanhi.
Vegas is great I cant wait to stay in the new W hotel.

WonderlandPark
Mar 29, 2006, 2:31 AM
You're right, got Hard Rock mixed up with Wall st, they are twin 600 footers. Sorta suprised they got cancelled. Last time I looked at the US master list of buildings started in 2006, the Hard Rock towers were in there.

Patrick
Mar 29, 2006, 2:47 AM
WOW, W looks great!!

vegasrain84
Mar 29, 2006, 3:29 AM
This is awesome!
I love the Flatiron Vegas, as well as the Renzi and the Stanhi.
Vegas is great I cant wait to stay in the new W hotel.

W is one of the more interesting designs in Vegas just because of the alternating black white clad glass, and multiple layers.

I also love Flatiron, and I hope she gets built, it would be a great segway into downtown. Renzi will be spectacular and so will Stanhi, although I hear rumors she may be reduced in size to 50 floors, which is still impressive. Of those three projects, the one with the best chances of being built is Stanhi because Cherry already has 2 building under construction, and gaining name recognition. Look for more Sam Cherry buildings in the future! :D Can't wait!

Ho-Dog
Mar 29, 2006, 3:37 AM
It seem that the "Curve" is on the ropes...

Anyway, that is a great diagram of the W VegasRain, awesome.

vegasrain84
Mar 29, 2006, 4:52 AM
With regard to The Curve, I have to agree with what was said about the location (if it were planned downtown, I believe it would have succeeded) and just the general idea that the market weeds out projects. I expect at least 40% of the projects that are already proposed to bite the dust. You never really know for sure which ones will and which ones wont, but it greatly depends on location, financing, and experience of the developers. You cant expect that a company who hasn't done high rise development before is going to succeed unless they are really wise or lucky. Although that being said, I am suprised by the large failure of Related Co. with Icon. That was a shock to most.

dryheat
Mar 29, 2006, 5:48 AM
Does any one have any idea as to the status of Las Ramblas????

Big Sands
Mar 29, 2006, 3:51 PM
Does any one have any idea as to the status of Las Ramblas????

Not much, other than what is in the reviewjournal. They have stopped taking reservations and may be selling the land.

http://www.reviewjournal.com/lvrj_home/2006/Mar-29-Wed-2006/business/6596239.html (http://www.review-journal.com/lvrj_home/2006/Mar-29-Wed-2006/business/6596239.html)

The article mentions the Edge Group, which is already developing the W next door to Las Ramblas, as a potential buyer. I was hoping that the two projects would complement each other by offering two distinct visions.

With Hard Rock expansion on hold and Las Ramblas in serious doubt, that only leaves the W, which maybe is not a bad thing. All of the proposed development along Harmon might just have been too much, too soon for the market. But if, and that's a big IF, the W is completed, then future projects along Harmon might be developed along a more reasonable time frame, instead of all at once.

highriseLV
Mar 29, 2006, 7:09 PM
[QUOTE=vegasrain84

Of those three projects, the one with the best chances of being built is Stanhi because Cherry already has 2 building under construction, and gaining name recognition. Look for more Sam Cherry buildings in the future! :D Can't wait![/QUOTE]


Why is it that Sam Cherry is able to get these projects off of the ground when so many other projects (many by big companies or big names behind them) are having so much trouble? I was in downtown the other day and it looks like Soho is almost done and Newport looks like the elevator shaft is already about 12-15 floors up! I couldn't believe how much downtown is changing - although there is still a ways to go. I guess that is also the exciting part about any redevelopment; seeing it actually start to change! Any idea when new Stanhi renderings will be released? I also can't wait for this one - because you have to figure Cherry will find a way to get it built!

Too bad to see the Curve fall apart - but never really understood why they'd want to put a high rise out in the burbs?

What's the status of Las Ramblas?

Ho-Dog
Mar 29, 2006, 7:28 PM
News to me about Las Ramblas, Related has to put some kind of condo project in the air. They seem to be beat at every turn (excluding WMC) lets see what happens.

Yeah, Cherry seems to be able to get things done, hopefully he will continue revitalize DT well into the future.

dryheat
Mar 29, 2006, 8:30 PM
well, I just called las ramblas since I have a deposit with them and I was informed that they are going to email me the cancellation since it does appear that they are about to sell the land to someone with the W group. He said an announcement should be happening soon, he did not have many other details. He said in his opinion it is a done deal.

vegasrain84
Mar 29, 2006, 9:10 PM
I have decided that Related Sucks.. Seriously.. I mean they have built many a skyscraper, and they have completely failed Las Vegas.. The management of Related must be incompetent at the very least.. We had Union Park, that was a bust (although now, Dan Van Epp has taken over) then Icon, and now Las Ramblas.. I don't think its a lack of demand, its a lack of ability of Related Co. Cosmo is going up in the Air, Project CityCenter will break ground in the next few months, Westgate is U/C, MGM Signature, Marriott Grand Chateau, and soon W hotel and Condo.. The Harmon corridor is Hot, and perhaps W is the best one to buy up that land, because perhaps they will actually do something with it, maybe not this year, but perhaps in a few years..

dave8721
Mar 29, 2006, 9:34 PM
Why do you think it is that Related has had such trouble in LV when they seem to have no trouble building in NY and Florida, with some projects in Atlanta as well? I know one of their New York buildings failed recently but that was because they couldn't get a permit for a Cirque du Soliel theater that was to be part of the project. I assume that have a person in charge of development for each city, so I guess the guy they put in charge in LV is getting fired.

highriseLV
Mar 29, 2006, 9:53 PM
The only thing I can put together is that Related has come into the LV market not understanding that construction costs are totally different here than they are in FL, or any other part of the country - because of the labor shortages and casinos. They start selling the buildings at prices they think they can get it built for, and then once they get the bids for construction, they see that they'll either lose money or profits will be minimal. It ends up making more sense for them to just scrap the project and sell the land. Why else would they not build a project (such as Icon) that is for the most part sold out?

Bender13
Mar 29, 2006, 11:54 PM
You would think a company as experienced as Related would have anticipated the differences in the Vegas market. Maybe it was a case of nepotism and someone inexperienced got put in charge of their Las Vegas division. Do they still own the land for Icon? Are they going to build something new on there?

I had to go downtown today and had look around whie I was there. It's been mentioned before, but Club Renniasance in not under construction. There are still some of those old houses on the site and zero activity.

Juhl on the other hand looks to be progressing. The whole site has a construction fence around it and it seems that everything existing on the site has been demolished. When I drove by they were starting to clear out the big trash pile from the demolitions. Hopefully they should start construction soon.

GeorgeLV
Mar 30, 2006, 2:21 AM
I have decided that Related Sucks.. Seriously.. I mean they have built many a skyscraper, and they have completely failed Las Vegas..

There's 3 million sq ft of showrooms at the World Market Center that say different...

Dale
Mar 30, 2006, 3:41 AM
I think it is the case that everything that Related has proposed for Florida is getting built or is highly likely to be built. Out of their scores of Florida projects, I can't think of a one that has been cancelled.

BruceH
Mar 30, 2006, 6:31 AM
Look for renderings to be released in a few weeks for Stanhi. We are the first brokerage to have access to it by private invitation by Sam Cherry. His vision for that area is bang on and he really understands the downtown high rise market.

BruceH
Mar 30, 2006, 6:41 AM
Can't understand how these projects start taking reservations when they haven't finalized their construction costs?. They told us two weeks ago they still haven't finalized their construction contractor and are still interviewing them. How can a high rise set their reservation prices when they have not finalized construction costs, available labor pools, timeline to build etc? We're passing on such projects as the odds are too high they won't make it. If they do that's great because architecturally it's a cool project.

BruceH
Mar 30, 2006, 6:45 AM
Can't wait to see Sky top out in June. Will be something to see it when driving Las Vegas Blvd!!

Pictures were taken this week from the 24th floor - scroll thru pics on the link:

http://www.luxuryrealtygroup.com/condo.asp?CBID=48

Big Sands
Mar 30, 2006, 9:06 PM
Colony Capital, owners of the LV Hilton, is making a play for the Tropicana. Personally, I would rather see the Trop in the hands of Pinnacle. Colony likes to buy properties in depressed conditions, that certainly describes the Trop, but they also like depressed markets. Does this describe Las Vegas?

vegasrain84
Mar 31, 2006, 3:09 AM
There's 3 million sq ft of showrooms at the World Market Center that say different...

Ok, not "completely".. But they are 1 for 4.. WMC doesnt require a lot of effort to complete a project such as that since its a commercial venture, with high demand for showroom space. Residential Development is something that I thought Related was good at understanding based on their projects across the East Coast. They were able to pull off Time Warner Center, a huge undertaking, but it just seems to me that someone was asleep at the wheel when it came to Vegas. They assumed that they could waltz in on the vegas high rise wave without having to do the research and the work, and they failed miserably with that approach. They didn't anticipate the future costs, and it was a simple fact of poor planning. Again, they assumed that the high rise wave would simply do the work for them, and they didn't realize that that same wave carried a heavy cost. Contruction material costs, land costs, labor costs have soared, and they didn't anticipate that, and they failed. Its as simple as that. I think it makes the Vegas market look like its not as robust as it really is, when it is not the case at all. Its just the poor planning of developers. I would say the same thing about other companies who fail to deliver.. But this company of all companies with their background, and level of expertise was shocking to see them with not one, but three failed attempts in Las Vegas.. Thats all I am saying..

SpeedyFarrar
Mar 31, 2006, 11:53 PM
I found another new rendering of Project City Center:

http://media.corporate-ir.net/media_files/irol/10/101502/Wynn3_21.pdf

It's page 20 of that PDF. With all these different PCC renders, it's hard to figure out which one is accurate to what will be built :haha:

Patrick
Apr 1, 2006, 2:05 AM
I'm so tired of redrawing City Center millions of times, I'm not drawing City Center until its under construction or built! :)

LMich
Apr 1, 2006, 3:08 AM
I wish more people would do that, Pat. lol

ScottG
Apr 1, 2006, 4:58 AM
i dont know if i like that 'frank gehry' thing in the center- i like the model design the best. these new renderings are makin me question how dense this project actualy will be...=/

ScottG
Apr 1, 2006, 5:27 AM
does anyone watch the show LAS VEGAS on nbc? i do not- i get enough of this city as it is, but im tuned to it right now and i just saw a shot of the fake reosrt the show takes place in, its an interesting design- large building too. the internet only has this picture:

http://www.geocities.com/lucas92122/Montecito.jpg

(see the excalibur in the back ground & is that a water fall in the middle- i like the LCD screen on top the building)

im wondering if theres more pictures of this. i like seein renderings of buildings with las vegas incorporated. i know CSI had some fake resort downtown they showed alot, its comical to see these - ovbiously- fake designs on the strip. make you wish vegas actually had some of these buildings. (like ivana) :( - the tower that is ;)

sky-of-webs
Apr 1, 2006, 6:21 AM
Gotta love the MGM Macau; on page 32.

SpeedyFarrar
Apr 3, 2006, 4:11 AM
A bit OT, but those of you with Google Earth (or without), they just updated their Vegas strip & downtown data to March 06 imagery, so you can get a good look at alot of the latest stuff being built. You can get GE free at http://earth.google.com

ScottG
Apr 4, 2006, 3:56 AM
lets not forget some good news comes out every now and then

.........

4/02/06 Wynn Inflates Encore Plans

The price tag for the upcoming Encore at Wynn Las Vegas has bees increased to $1.74 billion. The new plans increase the room count to 2054, move the employee parking (see my projection below), and build an employee pedestrian bridge over Sands Ave. Stay tuned for more as this project nears its planned April 28th ground breaking.

.......

april 28th ground breaking?!

(its good encore is getting bigger)


AND

.....

4/02/06 Harrah's Plans a $1 Billion Expansion of Caesars
With the success of the Augustus Tower and the increase of foot traffic it has spurred, Harrah's Entertainment is planning to raise the stakes again with a $1 billion expansion and upgrade to the famed resort, in an attempt to reel in more high-rollers. At this point, We can only guess what this might entail. A formal announcement will be made in a few months.
......

wow caesars should be around 4 billion by the end of this expansion...looks like that site will always have some new project goin up!


(all this came from vegastodayandtomorrow.com [of course ;) ])

vegasrain84
Apr 4, 2006, 7:28 PM
Las Vegas Review-Journal

Aztar draws Ameristar as newest suitor

$2.25 billion bid is third buyout proposal for owner of Tropicana

By HOWARD STUTZ
GAMING WIRE

An aging lady that couldn't get a date for more than a year now has a full dance card.

Las Vegas-based Ameristar Casinos on Monday became the third gaming company submitting a proposal to acquire Aztar Corp., bidding $42 a share, or $2.25 billion, for the owner of the timeworn Tropicana.

Ameristar, which doesn't own a casino in Las Vegas, offered $1 more per share than Las Vegas Hilton owner Colony Capital, which reportedly submitted a bid for Phoenix-based Aztar last week.

On March 13, Pinnacle Entertainment entered an agreement with Aztar's board of directors to buy the five-casino company for $38 a share, or $2.1 billion. If that deal falls through, Aztar would have to pay Pinnacle $42 million as a breakup fee and cover up to $13 million of the company's expenses.

Aztar spent almost 18 months starting and stopping on plans to redevelop the 34-acre Tropicana site. Most analysts believed Aztar was seeking either a joint-venture partner or a sale of its assets, but neither solution ever appeared until last month.

Ameristar's emergence as third bidder for Aztar surprised most gaming industry observers.

"Was this out of the blue? Absolutely," CRT Capital Group analyst Steve Ruggiero said.

Late Monday, Aztar issued a statement saying the company would enter discussions with both Colony Capital and Ameristar about their proposals.

Ruggiero said it was unclear if the bidding war will lead to a company overpaying for Aztar.

"It really depends on who the buyer is," Ruggiero said. "Colony has the flexibility of being a private firm and they're not worried about answering Wall Street analyst questions on a conference call. That gives them an advantage. Certainly, Pinnacle has an edge because it already has a signed agreement, but the question is who can put together best financing package and who wants it the most."

Ameristar Chairman Craig Neilsen sent a letter Sunday to Aztar Chairman Robert Haddock, explaining his company's intentions. Neilsen said that Ameristar's proposal was "clearly superior" to the offer submitted by Colony Capital and the signed deal with Pinnacle Entertainment.

"I placed a courtesy call to Bob (Haddock) last night, but he wasn't home," Neilsen said Monday following a conference call with analysts and investors to discuss the proposal. "We've looked at Aztar for sometime, but we stepped up our efforts once it went into play. There's a widely divergent view of what the assets are worth. I guess we'll stand by and see what happens."

The next move is up to Aztar's board of directors. The company's management will have to evaluate the proposals to see whether they are superior to the Pinnacle Entertainment deal.

If Aztar accepts the higher offer from Ameristar, Pinnacle Entertainment would have a right to increase its offer or accept the breakup fees. Colony Capital, a privately held real estate investment firm that owns six casinos through Resorts International, could also make another bid.

"We believe that higher bids could be likely from both Colony and Pinnacle," Deutsche Bank gaming analyst Marc Falcone said in a note to investors.

Ruggiero questioned whether Pinnacle would increase its bid; a higher offer would result in a higher leverage and financing costs to the company, he said.

Wall Street's reaction Monday seemed to lean toward a higher bid. Aztar closed up $2.61 in heavy trading on the New York Stock Exchange, finishing at $44.60, a 6.22 percent increase. Almost 5.5 million shares were traded, the third straight session Aztar volume topped 3.7 million.

Ameristar shares closed at $24.01 on the Nasdaq National Market, off $1.78, or 6.9 percent. Pinnacle Entertainment shares closed at $28.76 on the Nasdaq, up 59 cents, or 2.09 percent.

Neilsen has built Ameristar from two small casinos near the Nevada-Idaho border to a company that reported $961 million in revenue in 2005 from seven casinos, properties in St. Louis, Kansas City, Mo., and just outside Denver.

Ameristar built The Reserve hotel-casino in Henderson (now known as Fiesta Henderson), but sold it to Station Casinos. The deal brought Ameristar company its Missouri gambling halls. Ameristar is spending almost $600 million to expand Ameristar St. Charles, Ameristar Black Hawk (Colo.) and Ameristar Vicksburg (Miss.).

The key to the Aztar transaction, Neilsen said, is the 34-acre site for the Tropicana. Although Colony has not said what it would do with the deteriorating 1,880-room hotel-casino, Pinnacle Entertainment said its would invest some capital into the Tropicana and operate the property for two years before demolishing the buildings in favor of an estimated $3 billion to $4 billion rebuilding project.

"It's a great site, one of the best, if not the best site available," Neilsen said. "We obviously will evaluate it in much greater detail. At some point we would plan to tear it down, but it would be at least two, 2 1/2 years minimum to plan a new facility and come up with a concept."

Purchasing Aztar would broaden Ameristar's national footprint, giving the company casinos in the major gaming capitals of Las Vegas and Atlantic City, and in America's heartland.

The transaction would jump Ameristar from the ninth in revenue among gaming companies to fifth. It would have 12 casinos in seven states, encompassing 774,000 square feet of casino space. In 2005, Ameristar and Aztar had a combined net revenue of more than $1.87 billion.

The interest in Aztar perplexed some casino watchers. There are differing opinions on whether acquiring Aztar would be good for Ameristar, which lost out to Harrah's Entertainment in 2004 in an attempt to buy rival Horseshoe Gaming.

"Aztar is an attractive acquisition. This would take the company where it wants to go," Jefferies & Co. gaming analyst Larry Klatzkin said.

Bear Stearns gaming analyst Joe Greff said Ameristar may run into trouble trying to redevelop the Tropicana site.

"(It) poses a potential risk as the company has had little experience designing and executing on a project of this size," Greff said.

Greff also said the 2,129-room Tropicana Atlantic City, which reported revenue of $490 million in 2005, could also face tough competition over the next few years.

"Slot play at Harrah's, Borgata and Caesars, as well as the introduction of alternative slot destinations in New York and Pennsylvania could stunt growth at the Atlantic City Tropicana," Greff said.




Find this article at:
http://www.reviewjournal.com/lvrj_home/2006/Apr-04-Tue-2006/business/6682242.html

MsuMix
Apr 6, 2006, 1:12 AM
A bit OT, but those of you with Google Earth (or without), they just updated their Vegas strip & downtown data to March 06 imagery, so you can get a good look at alot of the latest stuff being built. You can get GE free at http://earth.google.com

Yeah looks like Sitework has begun on Project CityCenter.. I can't wait to get out there and start working. :D

alequevedo
Apr 6, 2006, 1:43 AM
[QUOTE=dave8721]Why do you think it is that Related has had such trouble in LV when they seem to have no trouble building in NY and Florida, with some projects in Atlanta as well? I know one of their New York buildings failed recently but that was because they couldn't get a permit for a Cirque du Soliel theater that was to be part of the project. I assume that have a person in charge of development for each city, so I guess the guy they put in charge in LV is getting fired.[/QUOTE

Do you know who is the person in charge? Do you have some more information about Las Ramblas?

vegasrain84
Apr 6, 2006, 6:51 AM
Does anyone know any more information on this new tower called ELITE Tower??

City of Las Vegas
PLANNING COMMISSION MEETING
FEBRUARY 23, 2006

54. SUP-11245 - SPECIAL USE PERMIT - PUBLIC HEARING - APPLICANT/OWNER: ELITE
TOWER, LLC, ET AL - Request for a Special Use Permit FOR A PROPOSED MIXED-USE
DEVELOPMENT at 801, 805, 809 and 815 South Casino Center Boulevard (APNs 139-34-410-066
through 069), C-2 (General Commercial) Zone and R-4 (High Density Residential) Zone under Resolution
of Intent to C-2 (General Commercial) Zone, Ward 1 (Tarkanian).

55. SUP-11249 - SPECIAL USE PERMIT RELATED TO SUP-11245 - PUBLIC HEARING -
APPLICANT/OWNER: ELITE TOWER, LLC, ET AL - Request for a Special Use Permit FOR A
PROPOSED 538-FOOT TALL BUILDING WITHIN THE NORTH LAS VEGAS AIRPORT
OVERLAY DISTRICT at 801, 805, 809 and 815 South Casino Center Boulevard (APNs 139-34-410-066
through 069), C-2 (General Commercial) Zone and R-4 (High Density Residential) Zone under Resolution
of Intent to C-2 (General Commercial) Zone, Ward 1 (Tarkanian).

56. SDR-11240 - SITE DEVELOPMENT PLAN REVIEW RELATED TO SUP-11245 AND SUP 11249
- PUBLIC HEARING - APPLICANT/OWNER: ELITE TOWER, LLC, ET AL - Request for a Site
Development Plan Review FOR A PROPOSED 45-STORY MIXED USE DEVELOPMENT,
CONSISTING OF 451 RESIDENTIAL UNITS AND 7,940 SQUARE FEET OF RETAIL FLOOR
SPACE; AND WAIVERS OF THE STEPBACK AND BUILD-TO-LINE STANDARDS OF THE
DOWNTOWN CENTENNIAL PLAN on 0.80 acres at 801, 805, 809 and 815 South Casino Center
Boulevard (APNs 139-34-410-066 through 069), C-2 (General Commercial) Zone and R-4 (High Density
Residential) Zone under Resolution of Intent to C-2 (General Commercial) Zone, Ward 1 (Tarkanian).