Las Vegas High Rise Condos Go Uptown, Streamline Towers Leads Downtown Renaissance

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While media attention has so far been focused on the glitzy new high rise developments going in along the Las Vegas Boulevard resort corridor, Mayor Oscar GoodmanÂ?s redevelopment of the Â?Old StripÂ? along Fremont Street into a San Diego style gas light district may make downtown condos the next Â?hot buy.Â? First of its kind, the Streamline Towers project, scheduled to open its sales center in late July, could be a dream come true.

Downtown Las Vegas is in the midst of major redevelopment and investors are starting to snap up units in the still relatively less expensive high rise projects along Fremont Street before prices go sky high along with the rooflines. Relaxed zoning has changed the face of downtown business ownership in order to provide more non-gaming venues, and this relaxed zoning is making way for jazz and comedy clubs, coffee houses and a more urban pedestrian life style.

The redevelopment plan calls for a retro Las Vegas atmosphere with several distinct neighborhoods including an arts district, an entertainment district, a casino district, a performing arts district and an office district, as well as the 12-million-square-foot World Market Center and the Premium Outlet Mall with over 120 shops and restaurants. Several Las Vegas condo developments are starting in these districts to the delight of lawyers and other professionals who currently have no residential choices available in the downtown area.

Streamline Towers will be the first luxury high rise built in the heart of the new six block entertainment district featuring nightly live jazz venues, taverns, cafes, nightclubs and boutiques. Brilliantly located by the 200,000 square foot Neonopolis entertainment complex and the Fremont Street Experience, the building will be 21 stories high and have 251 elegant residences with private view balconies and 10- to 12-foot ceilings, rooftop pool, spa and terrace with views of the strip, a fully equipped fitness center with strip views, a 16th floor club house with strip views, 11,000 square feet of neighborhood retail space including hairdressers, dry cleaners, mail facilities and boutique coffee shop, private secured parking and 24-hour concierge service.

Streamline Towers also offers onsite executive leasing services for nightly, weekly and long-term rentals, making it an ideal property for vacation home owners and investors. Prices range from $425,000 to $1.1 million, and condos range in size from 756 square foot, one bedroom, 1.5 bath units, up to 1,889 square foot, three bedroom plus den, 2.5 bath units.

As an added bonus to investors, Streamline Towers contracts are assignable. (Very few Las Vegas preconstruction real estate projects offer assignable contracts as is common in Florida.) A total deposit of 15 percent will be placed into escrow upon contract signing, and the project is due to be completed at the beginning of 2007. Call for details and reservations at 702-596-7821. For floor plans go to our web site at: http://www.GreatLasVegasCondos.com/Streamline_Towers.htm

While there are nearly 100 Las Vegas condos and high rise projects in various stages of planning around the Las Vegas Valley, only an estimated 35 to 40 percent will actually be built. Streamline Towers is already fully backed and funded by Barclays Bank and ground breaking has started.

In addition, owners will be able to walk a mere 162 steps from their front door to Fremont Street and the new businesses going in including:

Hogs & Heifers - the original New York honky tonk bar

Beauty Bar - straight from Sex and the City a beauty parlor with cocktails

The Downtown Club - by the owners of Whisky Sky - serious nightlife arrives downtown

Take One - Everyone’s a star with live entertainment and a spectacular restaurant

511 Fremont - the nightclub

Hennessey’s Tavern - an Irish pub straight from SoCal, dude

Mickie Finnz Fish House - a great place for a great time

Seven the Comedy Club - the best comics in the world

601 Fremont - clubs, boutiques and more

Triple George and Cuba - new night spots in your neighborhood

For more information about other Las Vegas high rise properties please visit our web site at:

Las Vegas High Rise Condos

For information on Las Vegas homes please visit our web site at: Las Vegas Real Estate

For information on Las Vegas golf properties please visit our web site at: Las Vegas Country Clubs

For more information on Henderson Nevada, the fastest growing town in America, please visit our web site at: Henderson Nevada Real Estate

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

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