List of condominiums in Las Vegas

Since the 1990s, various condominium projects have been proposed for the Las Vegas Valley. Park Towers and Turnberry Place, two high-rise condominium properties located near the Las Vegas Strip, were completed in 2001; they subsequently inspired a condominium boom that started in 2003, when various developers began announcing projects that were planned throughout the Las Vegas Valley.

Many projects were ultimately cancelled because of a rise in construction costs, as well as a lack of skilled construction workers and contractors who were qualified to build high-rises; both reasons were attributed to the large number of projects being announced. The following list includes notable condominium projects that were both completed and cancelled, as well as projects that are on hold.

Regency Towers, built in 1974, was the first high-rise condominium property to open in the Las Vegas Valley, with 226-units. The property was initially unsuccessful, selling only eight units before going into foreclosure. In the late 1990s, Las Vegas was the fastest-growing area in the United States. As a result, five new high-rise condominium projects were being planned for the Las Vegas Valley in 1998, for a total of 12 new condominium towers. Among the five proposed projects was Turnberry Place and Park Towers.

High-rise condominiums became a popular trend in the Las Vegas Valley after the opening of Turnberry Place and Park Towers in 2001. Numerous high-rise condominium projects were subsequently announced beginning in 2003. Real estate experts predicted that only 20 to 50 percent of the announced projects would actually get built. The condo-hotel concept was introduced in the Las Vegas Valley in September 2003, at MonteLago Village at Lake Las Vegas. At the end of the year, plans were underway for the first high-rise condominium in downtown Las Vegas: Soho Lofts.

The condominium boom was sometimes referred to as the "Manhattanization of Las Vegas". The term was first used in 1999, by Steve Bottfeld, the owner of a Las Vegas real estate consulting firm. The term was popularized by Richard Lee – director of public relations for First American Title Company – after he used it during a presentation. Lee was a well-known local proponent of the high-rise condominium boom, and spoke frequently about it at local conferences and seminars. Lee had used the term as early as 2003; it was later used as the title for Manhattanizing Las Vegas, a 2005 book by Paul Murad that chronicled the Las Vegas condominium boom. A website called Manhattanization.com was also created to cover the local high-rise market.

...
Wikipedia