High Rise Condominiums
Due to the high cost of steel and concrete construction, this category is primarily luxury housing. Standard interiors often will include stainless steel appliances, granite countertops, hard woods and similar high quality features. Buyers may find higher maintenance fees, which are driven by amenities. Professional couples and singles are attracted to this lifestyle as they want to be where the action is, but they still want their privacy, security and service. Amenities such as valet parking, porter service to deliver groceries and mail collection are key factors along with other amenities such as a swimming pool, party room and health club/workout facility.
Also in this category, you’ll find condominiums built above major hotels. Condo owners have their own amenities separate from the hotel but can also utilize hotel services, such as room service.
While this type of property is also above a hotel, it differs from the high rise condominium described above. Here, the buyer may choose the property for rental or purchase. A condo-hotel owner could buy a unit and place it back into the hotel’s rental pool from which the owner would derive income. The owner could, hypothetically, use the property for several weeks out of the year, then.
As expected, the interiors will all be high-end luxury and homeowner association fees are typically higher than those in a luxury condo. This option attracts very wealthy people who are drawn by the amenities, including the availability of hotel room service. Examples of properties in this category include Cosmopolitan, Trump Tower, the Residences at MGM Grand, MGM CityCenter, and the Platinum.
Also called “sticks and bricks” construction or a garden-style condo, a mid rises are usually constructed without steel or concrete and are under 100 feet. There is usually garage-type parking underground, and all the floor plans are smaller. With this type of property, not many amenities are offered. However, buyers typically find lower maintenance fees for mid rises versus luxury high rise properties.
C2 Loft’s award-winning developer has a history of creating stunning homes. Priced from the $400,000s, eight dynamic loft designs are available, ranging up to more than 3,300 square feet. Upscale amenities, planned for C2 Lofts in Summerlin, include a beautiful heated pool, two spas, and a fitness center. lasvegashighriseprojects.com/c2_Lofts.html
The six-story Loft 5 building is located south of McCarran Airport near Las Vegas Blvd and the South Point resort. Floor plans range from 600 square-feet to more than 2,000 square-feet and include studios, one bedroom, and two-bedroom units. Amenities include unique courtyards with relaxing pools, peaceful gardens, recreation pools, hot tubs, and fire pits. There are lifestyle centers with a fitness spa, a club lounge and theater screening rooms, complete with a professional concierge. loft5st.com
Allure Las Vegas
This imposing property is actually a stunning 41-story luxury condominium tower, that opened its doors to residents in early 2008. Owners and their guests enjoy wonderful views of the Las Vegas Strip and surrounding mountain landscape, superb amenities and exceptional finishing. Conveniently located with easy access to major roads and the downtown area, Allure Las Vegas features 428 units. Choose from any of the 15 distinct studio, one, two and three bedroom floor plans, as well as tower suites and extraordinary two-story penthouses. Remarkably priced from the $200,000s, Allure Las Vegas sets a new standard for upscale urban living in Las Vegas.
Sky Las Vegas
These condos include 409 units from 870 to 5,500 square feet, priced from approximately $500,000 to more than $5 million. In addition to penthouse units, Sky Las Vegas is offering premium three-story suites with rooftop garden patios. Sky’s well-furnished condos include access to an outdoor recreation area with over one acre of pool and garden space complete with putting green, outdoor fire pit, barbecue area, and dog run. Indoor amenities include a social room overlooking the Las Vegas Strip, a spa and fitness center, business center with private meeting room, private screening room, billiard room with bar, valet parking, concierge services and impeccable security. skylasvegas.com
Boca Raton is a seven-story mid rise community property located midway between the established Strip resorts and the developing south Strip. Designed to be a relaxing escape from the hustle of the city, Boca Raton is designed with a vintage Florida seaside resort feel. With numerous floor plans to choose from, Boca Raton features the finest quality Type 1, fire-proof construction, breathtaking classic design and unparalleled luxury. bocaratoncondoslasvegas.com
Perhaps the most eagerly anticipated property in Las Vegas is CityCenter, the $7 billion dollar, 67-acre “city within a city” metropolis developed by MGM and Infinity World. It contains 2,800 luxury high rise condominiums, including Vdara, the condo hotel. Opened in late 2009 between Bellagio and ARIA Resort & Casino, Vdara offers contemporary interior spaces with modern amenities and services, a rooftop pool, lounge and wellness spa, all wrapped up in an atmosphere bound to surpass every expectation. Future residences will include Veer Towers and the Residences at Mandarin Oriental. citycenter.com