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LAS VEGAS-Vertical construction is drawing nigh for the Village at Queensridge, a 1.35-million-sf, 18-building development that includes 340 luxury residential units and subterranean parking for some 3,300 vehicles. The $850-million development is slated for completion in late 2008.

The Village at Queensridge will rise several miles west of Downtown at the intersection of Rampart Boulevard and Alta Drive. The 30-acre development site sits across from One Queensridge Place–a related 219-unit condominium tower that recently topped out and is 80% sold–and the Suncoast Hotel & Casino. Infrastructure work for the project began in November 2005 and workers are now focusing on the two-level underground garage upon which much of the Village will be built.

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