Las Vegas Preconstruction and the Las Vegas Condo Craze - Cosmopolitan Resort Ready for Release

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After Trump Towers sold out through 44 floors in only two days, investors who missed the boat are anxiously awaiting the release of the new Cosmopolitan Resort and Casino, the 64 floor luxury condo high rise scheduled to open for reservations sometime in late January.

The Cosmopolitan is the stunning new $1.5 billion dollar hotel and casino being developed by high rise veteran Ian Bruce Eichner whose previous enormously successful projects in Miami and New York City have happy participants in those developments eagerly following him on to his new Las Vegas enterprise. The resort will total more than four million square feet of pure luxury, and will have a 70,000-square-foot casino, a 50,000-square-foot full fitness and spa and more than 300,000-square-feet of retail and restaurant space.

And the Cosmopolitan could easily prove be the most profitable of all the Las Vegas condo hotel projects currently being constructed. Brilliantly located between the elegant Bellagio Hotel and the new MGM City Center project, Cosmopolitan has the best location on Las Vegas Boulevard, and every room will have incredible panoramic Strip views. There will be approximately 2200 rooms in the resort, with about 1480 of them sold as condo hotel units. These units will be professionally managed and rented out by the hotel at the request of the owners, and first release prices are estimated to range from $475,000 - $675,000 for the 670 square foot studios to $650,000 - $850,000 for the 970 square foot one bedroom suites.

The Grand Opening of Cosmopolitan will be on February 14th at 9am at the Four Seasons Hotel. Interested buyers can obtain more information or make an advance deposit for a reservation by contacting Las Vegas Realtor Diann Tonnesen at 702-596-7821 as soon as possible. The Las Vegas preconstruction condo market is booming and a couple of the other new Las Vegas high rise condos set to open for reservations this month are:

Boca Raton at Palm Beach Resort - a residential seven story Las Vegas mid-rise condo project that will ultimately consist of four luxury buildings totaling just under 800 residences. Located just south of the Las Vegas Strip Boca Raton is at the start of the emerging “new Strip,” an exciting new neighborhood of urban residential and boutique casinos and restaurants. Floor plans range in size from one bedroom Casitas of 584 sq ft to three bedroom Penthouses of 2132 sq ft, with prices ranging from the mid $200s to over $1 million, and there will be resort style pools, state of the art fitness center, 10,000 square foot club house and private theater. Reservations are being taken as of this week.

Newport Lofts - a $75 million project at Casino Center Boulevard and Hoover Avenue in the thriving Arts District - home to shops, restaurants, galleries and other unique businesses in this eclectic neighborhood of downtown Las Vegas. The development will offer loft-style living for those seeking a cosmopolitan lifestyle in what is quickly developing into the Las Vegas “Gaslight “ district. The 23 story tower has 168 loft-style floor plans on the eighth floor and higher from 900 square feet to 1,600 square feet and priced from the $300,000s to $700,000s. Two-story penthouse suites range from 1,700 to 3,000 square feet starting in the $900,000s. This development is set to start reservations in late January.

You can obtain more information on the Las Vegas condos currently under construction, on preconstruction sales of Las Vegas new homes, Henderson Real Estate,or general Las Vegas real estate by contacting Diann Tonnesen and the Tonnesen Team at 702-596-7821. Or email us by clicking on the link at the right of this press release.

Also see our articles at:

[Preconstruction Real Estate Investments - Buy Now, Pay Later

[Las Vegas Real Estate Investments - Is the Boom Over or Just Getting Started?

[Las Vegas Golf Course Homes - An Endangered Species?

[The Las Vegas Condo Craze - Cosmopolitan Resort Ready for Releases!

Las Vegas High Rise Condos - Hard Rock Hotel Preconstruction Reservations

Las Vegas Condos - Make Sure Your High Rise is Low Risk

Las Vegas Condos - The High Rise Market Skyrockets Again

Las Vegas Real Estate Investments - What’s Hot, What’s Not

Las Vegas High Rise Condos Move Uptown - Streamline Towers Lead Downtown Renaissance

Diann Tonnesen

Prudential Americana Group Realtors

871 Coronado Center Drive Ste 100

Henderson, NV 89052


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