(To read more on the multifamily market, click here.)
LAS VEGAS-Downtown Las Vegas' revitalization plans are receiving a boost from Verge, a $135-million, mixed-use, mid-rise condominium development that is set for fall 2008. Verge is helping along the region's plan to develop an urban core by providing units of all sizes and prices, upscale amenities and direct access to all areas within the Las Vegas Valley.
The residential section of this Downtown urban-style community, which is owned and operated by Verge Living Corp., will consist of 296 residences and more than 300,000 sf. Unit options will include studios, lofts with 23-foot ceilings, and one-, two- and three-bedroom condos.
Many units include balconies and private terraces that look onto Downtown and the surrounding mountains and valley. Shared amenities consist of a 10,000-plus-sf fitness center, a rooftop pool, a spa and deck on the fourth floor, and a lap pool and pet park on the ninth floor roof.
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