Developers of the Cello Tower in downtown Las Vegas have unveiled renderings of the units.
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Two new apartment projects could bring more than 300 apartments, retail and restaurant space.
Groundbreaking will take place soon for the downtown Las Vegas project, which will include ground-level restaurant and retail space.
Before the property sold in January for $6 million, the 2.3 acres, located a block away from Main Street, sold in 2011 for just over $322,000, according to Clark County property records.
The first renderings have been unveiled of Cello Tower, Las Vegas’ first residential high-rise condo building in more than a decade which will stand 379 feet when completed.
They have the vision of a 15-minute city type of neighborhood where residents can live an urban lifestyle and go about their daily lives without needing a car.
A mixed-use building is being proposed in the Arts District that would add more apartments, hotel rooms and commercial space to the area.
The new project is part of the larger Symphony Park master-planned community underway in downtown Las Vegas.
Developers are doling out a multitude of perks, including a free month’s rent or parking, to lure renters to their properties — a trend occurring across the country.
The complex in downtown Las Vegas is the first high-rise apartment development in Southern Nevada in more than a decade.