Las Vegas Real Estate News

General Las Vegas real estate news and market conditions in the Las Vegas Valley area and updates on REMAX Associates.

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Name: Konnel Peterson
Location: Las Vegas, Nevada, US

Saturday, June 11, 2005

Downtown Las Vegas' "Newport Lofts" to Break Ground in Just Weeks!

Las Vegas’ very own "Newport Lofts LV" will be breaking ground in just weeks! The downtown Las Vegas high rise project has done incredible with their sales, and is right on schedule to begin construction. The "Newport Lofts" will boast luxury, loft-style residences ranging from 912 to almost 1,700 square feet, and also offers twelve, exclusive penthouse lofts, which surpass 3,000 square feet in size!

The project will be a joint-venture between Las Vegas’ well-known developer, Sam Cherry and the Seegmiller Partners, who are based out of Newport Beach, California. Cherry, who is also responsible for developing downtown Las Vegas’ "Soho Lofts", is very excited about the project!

The downtown region of Vegas is being totally re-developed and many new economies are moving to the area. The World Market Center, Las Vegas Premium Outlet Mall, and new IRS building are just a handful of thriving examples. The recently purchased “61-Acres” is also downtown, and will encompass a performing arts center, a 5-acre city park, a medical research center which will focus on “Alzheimer’s Disease”, and maybe even a future baseball stadium!

The "Newport Lofts" has a total of 168 units, 110 of which are already sold! Prices start at $530,000 and vary depending on size and location. If this downtown Las Vegas high rise sounds like just the project for you, call us today, and we will use our hard-earned, personal relationships in order to make sure that you have a VIP chance to purchase at the "Newport Lofts"!

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