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Mar. 19, 2007
Copyright © Las Vegas Review-Journal


See you in September: Allure heads for finish

Condo tower work on building schedule to finish in 25 months

By HUBBLE SMITH
REVIEW-JOURNAL



Construction continues Tuesday on the 41-story Allure Las Vegas condo tower at 200 W. Sahara Ave.
Photo by Jeff Scheid.

Construction of the $150 million, 41-story Allure luxury condo tower on Sahara Avenue is on track for completion in September, an executive for the Chicago-based developer said.

"Clearly we are well beyond just being under construction," said Alan Schachtman, senior vice president and principal of Fifield Cos. "It's exciting to see the building continue to evolve and to know that we are even closer to our goal of delivering a luxury residential high-rise that offers both quality and value. There are few high-rise projects in Las Vegas that can say that."

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Maintaining a 25-month construction schedule, general contractor Bovis Lend Lease is starting work on the parking garage.

Inside the building, framing of the interior units is nearly complete, along with window installation and exterior glass balcony handrails. Tile, cabinets, counters and plumbing fixtures have been installed in lower-level units, which will be the first to be occupied by residents.

Most of the rooftop mechanical equipment is in place and the ornamental "crown" is taking shape. Schachtman said it will become the tower's signature design element.

Allure has 428 studio, one-, two- and three-bedroom units ranging from 671 square feet to 4,400 square feet. Prices start in the mid-$500,000s.

Amenities include an outdoor pool deck with cabanas, fitness center with locker rooms, media center, conference room, catering kitchen, business center with high-speed Internet computers, Wi-Fi in all public spaces, resident storage, 24-hour security and valet parking.

Andrew Fonfa, owner of the 5-acre site and joint venture partner with Fifield, told the Review-Journal in November that a second taller tower is planned for a condo-hotel project with 350 to 400 units. Estimated construction cost is $300 million to $400 million.

DOWNTOWN OFFICE: TWC Construction has started work on a two-story, 5,700-square-foot office building for Crighton Real Estate Holdings at Bonneville Avenue and Sixth Street.

Construction of a wood and structural steel support shell and interior work is estimated at more than $1.1 million. Completion is scheduled for second quarter.

The building's exterior is designed as a Mediterranean-style residence to blend in with the historic downtown neighborhood.

NEW HEADQUARTERS: SR Construction is building an 18,000-square-foot corporate headquarters for Poggemeyer Design Group at 6960 Smoke Ranch Road in Mountain View Professional Business Park. Estimated construction cost is $5.4 million. Completion is scheduled for fall.

TRANSACTIONS: Bret Davis of CB Richard Ellis represented Tomorrow 35 Century in leasing 3,760 square feet of office space at 1771 E. Flamingo Road to Global Financial. The five-year lease is valued at $422,353.

Kevin Higgins of Voit Commercial represented Arthur Ruben in the purchase of a 9,845-square-foot industrial building at 5151 W. Oquendo Road for $1.2 million. The seller was A&J Venture.



MILLION-DOLLAR HOME SALES

Luxury Homes of Las Vegas reported the following million-dollar home sales last week.

$1.95 million, 2,805 square feet, 3 bedroom, 3 bath, Strip views, Turnberry Place.

$1.56 million, 4,975 square feet, 4 bedroom, 5 bath, waterfront custom on half acre, resort-style pool and waterfall, Desert Shores.

$1.03 million, 4,148 square feet, 4 bedroom, 4 bath, golf and mountain view on TPC course, stone exterior front, pool and spa, Summerlin.

$1.05 million, 4,576 square feet, 5 bedroom, 5 bath, granite counters, three fireplaces, Summerlin.

$1.59 million, 5,713 square feet, 5 bedroom, 5 bath, entertainer’s delight with butted glass, marble floors, gourmet kitchen, Spanish Hills.

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