Residents moving into Boca Raton condominiums

It took a little longer than expected, but the 378-unit first phase of Boca Raton is completed and residents have begun moving into the seven-story luxury condominium complex on Serene Avenue near Las Vegas Boulevard.

More than 140 units have closed escrow and about 70 people have been living at Boca Raton since July, said Jerry Peterson, managing partner and chief executive officer of Las Vegas-based Palm Beach Resort Condo. The project is about 80 percent sold, he said.

The $400 million Boca Raton is part of a wave of mid-rise luxury condos completed in Las Vegas over the last few years, including Park Avenue, Manhattan and Loft 5, all located south of the Strip.

Boca Raton, priced from the $400,000s, advertises a resort environment with two swimming pools, a 10,000-square-foot clubhouse, fitness center, 24-hour concierge service, private screening room, meeting space and underground parking.

The project was announced in 2004 after Palm Beach Resort Condo bought 15 acres for $12.8 million. When the project broke ground in November 2004, completion was scheduled for February 2006. That date was pushed back to December 2006, then June 2007.

Peterson said the delays were due to construction, not financing. J.P. Morgan Chase provided a $134 million construction loan for the first phase. Martin-Harris Construction took over as general contractor from UPA in 2005. PGAL is the architect of record.

Peterson said ground-breaking for the second phase is a year to 18 months out. Upon completion, Boca Raton will have 756 units.

C2 LOFTS: On the west side of Las Vegas Valley, C2 Lofts welcomed more than 20 residents to the first completed building.

C2 Lofts Vice President of Marketing Erika Geiser said it’s the "first authentic loft development" in the master-planned Summerlin community. Christopher Co. developed the 36-acre "live, work and play" urban center, off Charleston Boulevard west of the Las Vegas Beltway.

The lofts have exposed duct work, expansive windows and ceiling heights of 12 feet for single-story units and 22 feet in two- and three-story units. Floor plans range from 900 square feet to 3,300 square feet and units are priced from the $400,000s to more than $1 million.

SPANISH RIDGE: GSG Development broke ground on the 20-acre second phase of The Park at Spanish Ridge with a ceremony that included an art tour for fifth-graders from the developer’s "adopted" school, Petersen Elementary.

GSG principal Kenneth Smith said art is a key component to a healthy and creative work environment, but is not often found in Las Vegas office developments.

GSG has placed 26 artworks among three of its Las Vegas office parks.

The $50 million commercial project will bring 367,000 square feet of office space in 16 buildings to the southwest submarket. Perkowitz + Ruth Architects designed the office park; SR Construction is the general contractor. Completion is scheduled for third quarter 2009.

BANK DONE: Crisci Builders has completed $443,000 in tenant improvement work for Service 1st Bank at 8965 S. Eastern Ave. Construction on the 4,100-square-foot project began in June. Jerry Williams served as project manager for Crisci. JMA Architecture did the design.

Crisci and JMA also finished the 8,600-square-foot corporate office for Service 1st Bank in Centra Business Park at Durango Drive and the Las Vegas Beltway. The contract was for $280,000.

NEW TERRITORY: Las Vegas-based retail developer Territory Inc. is building 150,000 square feet of upscale lifestyle retail space at Newpark, a $350 million mixed-use development near Park City, Utah. A 30,000-square-foot Best Buy will anchor the development.

LEED CERTIFIED: The Animal Foundation’s regional shelter on Mojave Road has been awarded the first LEED (Leadership in Energy and Environmental Design) certification in Las Vegas.

The shelter, designed by Henderson-based Tate Snyder Kimsey Architects, uses solar energy for power, wind for ventilation and captures energy from the sun to heat the floors in the animal runs with radiant heat.

Newsweek magazine named the animal shelter was named one of the top 10 "green buildings" in the nation. The shelter also won a national award from the American Institute of Architects.

Bellagio, MGM Resorts International’s luxury hotel turns 20
The more than 3,000-room Bellagio hotel is situated on the site of the former Dunes Hotel. The Dunes was imploded in 1993, and construction of the Bellagio started in 1996. It cost $1.6 billion to build, making it the most expensive hotel in the world at the time. The Bellagio was former Wynn Resorts Ltd. Chairman and CEO Steve Wynn’s second major casino on the Strip after The Mirage. MGM Resorts International acquired the property from Steve Wynn in 2000. (Tara Mack/Las Vegas Review-Journal)
Facial recognition software at G2E – Todd Prince
Shing Tao, CEO of Las Vegas-based Remark Holdings, talks about his facial recognition product. (Todd Prince/Las Vegas Review-Journal)
Former NBA player, Shaquille O'Neal, speaks about his new Las Vegas chicken restaurant
Former NBA player, Shaquille O'Neal, speaks about his new Las Vegas chicken restaurant. Bizuayehu Tesfaye/Las Vegas Review-Journal @bizutesfaye
Bobby Baldwin to leave MGM
MGM Resorts International executive and professional poker player Bobby Baldwin is set to leave MGM.
Caesars has new armed emergency response teams
Caesars Entertainment Corp. has created armed emergency response teams. They are composed of former military and law enforcement officials. "These teams provide valuable additional security capabilities,” Caesars spokeswoman Jennifer Forkish said. Caesars is hiring Security Saturation Team supervisors, managers and officers, according to LinkedIn. The company did not say how many people it plans to hire for the units. (Las Vegas Review-Journal)
Las Vegas, airlines prepare for CES
CES in January is expected to attract more than 180,000 attendees. (Las Vegas Review-Journal)
AGS partners with Vegas Golden Knights
AGS is the nation’s second-largest manufacturer of Class II slot machines used primarily in tribal jurisdictions. It announced a marketing partnership with the Vegas Golden Knights NHL team. (Las Vegas Review-Journal)
Lehman Brothers bet big on Las Vegas
Lehman Brothers collapsed 10 years ago, helping send the country into the Great Recession.
Fremont9 opens downtown
Fremont9 apartment complex has opened in downtown Las Vegas. (Marcus Villagran/Las Vegas Review-Journal) @marcusvillagran
Ross & Snow launches in Las Vegas
Luxury shoe brand Ross & Snow has opened in Las Vegas, featuring "functional luxury" with premium shearling footwear. (Bailey Schulz/Las Vegas Review-Journal)
Remote Identification and Drones
DJI vice president of policy and public affairs discusses using remote identification on drones. (Bailey Schulz/Las Vegas Review-Journal)
Drones and public safety in Nevada
Two representatives in the drone industry discuss UAV's impact on public safety. (Bailey Schulz/Las Vegas Review-Journal)
Frontier Airlines to launch flights from Las Vegas to Mexico
Frontier, a Denver-based ultra-low-cost carrier, will become the first airline in more than a decade to offer international service to Canada and Mexico from Las Vegas when flights to Cancun and Los Cabos begin Dec. 15. (Rick Velotta/Las Vegas Review-Journal)
MGM Resorts International CEO Jim Murren addresses Oct. 1 lawsuits
MGM Resorts International Chairman and CEO Jim Murren addresses criticism his company has received for filing a lawsuit against the survivors of the Oct. 1 shooting. (K.M. Cannon/Las Vegas Review-Journal)
MGM Resorts International opens the doors on MGM Springfield
Massachusetts’ first hotel-casino opens in downtown Springfield. The $960 million MGM Springfield has 252 rooms and 125,000-square-feet of casino. (K.M. Cannon/Las Vegas Review-Journal)
MGM Resorts International prepares to open MGM Springfield
Las Vegas-based MGM Resorts International gave news media and invited guests a preview of the $960 million MGM Springfield casino in Massachusetts. The commonwealth's first resort casino will open Friday, Aug. 24. (K.M. Cannon/Las Vegas Review-Journal)
A Walk Through Circus Circus
It only takes a short walk through Circus Circus to realize it attracts a demographic like no other casino on the Strip: families with young children. (Todd Prince/Las Vegas Review-Journal)
Morphy Auctions, a vintage slot machines seller, wants gaming license
Vice president Don Grimmer talks about Morphy Auctions at the company's warehouse located at 4520 Arville Street in Las Vegas on Thursday, Aug. 16, 2018. (Rick Velotta/Las Vegas Review-Journal)
Nevada's venture capital money doesn't stay in state
Zach Miles, associate vice president for economic development for UNLV, said there’s venture money in Southern Nevada, “but trying to find the right groups to tap into for that money is different.” According to a 2017 report from the Kauffman Foundation, Las Vegas ranked number 34 out of 40 metropolitan areas for growth entrepreneurship, a metric of how much startups grow. With a lack of growing startups in Las Vegas, investment money is being sent outside of state borders. The southwest region of the U.S. received $386 million in funding in the second quarter, with about $25.2 million in Nevada. The San Francisco area alone received about $5.6 billion. (source: CB Insights)
Neon wraps can light up the night for advertising
Vinyl wrap company 5150 Wraps talks about neon wraps, a new technology that the company believes can boost advertising at night. (Marcus Villagran/Las Vegas Review-Journal) @brokejournalist
Nevada on the forefront of drone safety
Dr. Chris Walach, senior director of Nevada Institute for Autonomous Systems, talks to a reporter at NIAS's new Nevada Drone Center for Excellence of Public Safety, located inside the Switch Innevation Center in Las Vegas. K.M. Cannon Las Vegas Review-Journal @KMCannonPhoto
Motel 8 on south Strip will become site of hotel-casino
Israeli hoteliers Asher Gabay and Benny Zerah bought Motel 8 on the south Strip for $7.4 million, records show. They plan to bulldoze the property and build a hotel-casino. Motel 8 was built in the 1960s and used to be one of several roadside inns on what's now the south Strip. But it looks out of place today, dwarfed by the towering Mandalay Bay right across the street.
News Headlines
Add Event
Home Front Page Footer Listing
You May Like

You May Like