Vegas News - Vegas Grand Luxury Condominiums - Foreclosed condo project...

By
Real Estate Agent with KELLER WILLIAMS LAS VEGAS

Vegas Grand up for sale, but no official asking price stated; bids due June 12

What one time was a luxury condos the Vegas Grand Condominiums in Las Vegas is now up for grab.

Luxury Condo Midrise-Lowrise - The Vegas Grand Condominiums - is a Mediterranean-style towers with open floor plans, volume ceilings, oversized terraces and private balconies, with careful attention to every detail. The condos feature a serene ambiance and private enclave.

Vegas Grand is a $325 million Italian inspired luxury condo development on Flamingo Road , just east of Swenson Street .

COURTESY CB RICHARD ELLIS
The 20-acre, 212-unit Vegas Grand development will accept offers starting June 5.

COURTESY CB RICHARD ELLIS
Bids for the near-completed $72 million Vegas Grand are due June 12.
Vegas Grand, the local condominium complex in foreclosure, will finish construction next month. The project is up for sale, with bids due on June 12.
Although the Vegas Grand was originally envisioned as luxury condos, the property is now expected to be used as apartments, time shares, student housing or hotel rooms.

Meanwhile, mid and low-rise development offer a solution to the valley's future workforce housing solution.

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There is no official asking price but about $107 million has been spent so far on the development...

Vegas Grand is close to the Strip, University of Nevada, Las Vegas, and the Las Vegas Convention Center.

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Show All Comments
Rainmaker
1,508,528
Laura Cerrano
Feng Shui Manhattan Long Island - Locust Valley, NY
Authentic Feng Shui Expert

Arina, It's hard to believe that beautiful place went into foreclosure, it really looks beautiful.  Maybe someone will buy it and be able to complete it...and buyers will come.

Jun 10, 2008 10:18 PM #1
Rainmaker
531,769
Liz Moras
Harrison Hot Springs, Cultus Lake - Chilliwack, BC
Chilliwack Realtor, Garrison Crossing,Chilliwack, Abbotsford

Readyour comment on Gary's post........it was very moving and touching!  You're one lucky girl to have such an amazing family!

Jun 11, 2008 02:44 PM #2
Rainer
42,906
Kevin McGourty
MovingHelp.com - Phoenix, AZ
Moving Help - nationwide

Nice rendition of Vegas -- and you too.  Do you do much with Twitter?  What about mybloglog? -- I still don't really understand it unless it is just a little tracking device.

Jun 11, 2008 03:51 PM #3
Rainmaker
283,252
Arina Hanciulescu
KELLER WILLIAMS LAS VEGAS - Las Vegas, NV
KELLER WILLIAMS LAS VEGAS

Carole, This is one of the condominiums project who went down this path... there are others on the way. One think is good in all this, will be used as apartments, time shares, student housing,,.

Jun 12, 2008 12:29 PM #4
Rainmaker
283,252
Arina Hanciulescu
KELLER WILLIAMS LAS VEGAS - Las Vegas, NV
KELLER WILLIAMS LAS VEGAS

Kevin, I hardley have time to blog on ActiveRain and an other real estate blog I have... as far as the others I started once but don't do it anymore

Jun 12, 2008 12:32 PM #5
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Rainmaker
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Arina Hanciulescu

KELLER WILLIAMS LAS VEGAS
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