W Las Vegas-a Strip Project!
A high profile condo project on the Strip is being canceled. The W Las Vegas was supposed to go up on 50 acres of land near Harmon. This does not bode well for other high profile projects like Project City Center and Cosmopolitan! Although those other projects are doing strong in sales, does this mean that there aren’t as many nuyers as others have thought
It appears that financial backers have pulled out of the W Las Vegas, and now the project is dead. There is no word on what is being planned for the location now.
A strong sentiment here at ‘the las vegas real estate showroom blog’ is that the “Casino Condos” don’t have the draw or staying power that Urban Villages do. They are not creating anything more then more rooms on the strip for people to stay in, regardless of whether they come here for weeks a year or not. And that is not what is needed, what is needed is an advanced sophistication for teh living styles of Las Vegas…Urban Villages.
Projects like Manhattan West, Sullivan Square and Brickwater are delivering a high quality, neighborhood lifestyle unlike anything ever avaialble in Las Vegas or Henderson. The Master Plan Communities that ahve been built in the last 20 years have paved the road for this more sophisticated reality and it is the belief of this blog that those projects will provide a much needed “Growing Up” for the City of Sin and Neon.
Till nextime Vertical Junkies!
