Luxury apartment project next to Las Vegas casino breaks ground

An aerial view of a construction site where developers broke ground on an apartment complex wes ...

A Las Vegas developer broke ground on an apartment project next to a popular suburban casino.

The Calida Group started grading the site of a planned four-story, 397-unit luxury complex next to the Durango in the southwest valley, co-founder Doug Eisner recently confirmed.

Eisner said that he expects to go vertical on the Ainsley-branded project in summer 2026 and have it ready for move-ins in the second quarter of 2027.

Calida has developed numerous Elysian-branded projects in Southern Nevada, but it also built an Ainsley apartment complex on Paradise Road just east of the Strip. It boasts a yoga and pilates studio, Himalayan salt cave, red-light therapy room, poolside cabanas and other amenities.

The new project, just south of the 215 Beltway near Durango Drive, would have visibility along the freeway and be walking distance from Station Casinos’ newest resort in Las Vegas, which opened in late 2023 and draws big crowds.

Station is already expanding the Durango with a new parking garage and more casino space.

The locals-focused casino chain previously owned 71 acres at the site. But after it started building the hotel project, it sold 21 acres of excess land for nearly $24 million to apartment landlord Ovation Development Corp. in 2022.

Late last year, Ovation sold a 13-acre chunk of the site to Calida for more than $18 million.

Ovation still owns 8 acres and plans to build a 381-unit apartment complex, Clark County records show.

Contact Eli Segall at esegall@reviewjournal.com or 702-383-0342.

.....We hope you appreciate our content. Subscribe Today to continue reading this story, and all of our stories.
Unlock unlimited digital access
Subscribe today only 25¢ for 3months
Exit mobile version