In the early 2000’s, Las Vegas, like many metropolitan areas, began to explode vertically. These new residential highrises became their own real estate animal all together, still following the general principles of valuing real estate, but with a twist. When you are talking about highrise, in important to understand that you are talking about a lifestyle, a luxuriously unique way of being, not just an investment or somewhere to call home. Below are all of the major highrise projects currently built or underway in the valley and the five biggest items people look for in highrise real estate:
5 Major Factors to Highrise Value
3. Amenities & Construction Quality/Design
4. Height of the unit and tower
Highrise, Midrise, and Loft Living
- Boca Raton (Palm Beach Resort)
- Park Avenue
- Loft 5
- One Las Vegas (2 towers)
#1 through 5 are located in area 303 on the MLS Map in the South of the Valley
- Panorama Towers 1,2,and 3
(NOTE: Panorama 3 is now called ‘The Martin’)
10. Veer Towers (2 towers)
11. Mandarin Oriental
12. MGM Signature (3 Towers)
13. Palms Place
14. Westgate @ Planet Hollywood
15. Trump Towers
16. Sky Las Vegas
17. Allure Tower
18. Turnberry Towers
19. Turnberry Place (4 Phases)
20. Jockey Club
#5 through #21 are located in areas 501, 502, 503, 301 & 302 of the MLS Map in the center of the Las Vegas valley. These highrises are what most people consider ‘The Strip’ highrises. All are built post 2000 except for Jockey Club. About half of these highrises are attached to a major casino.
22. Regency Towers (28 Story built in 1974)
24. Platinum Hotel
25. Marie Antoinette
26. Royal Crest Circle (5 story built in 1976)
27. Wimbleon (11 story built in 1975)
#22 through #27 are located in areas 301 & 302 of the MLS Map in the center of the Valley. These highrises are off the strip. None of these projects are attached to a casino.
29. Soho Lofts
30. Newport Lofts
31. Streamline Tower (The Ogden)
#28 through #31 are located in area 301 of the MLS Map in the center of the Valley. These highrises are all built post 2005 and are known as the “Old Strip” highrises as they are located only a few blocks from Fremont Street in downtown. None of these projects are attached to a casino.
32. C2 Lofts
33. One Queensridge Place (2 towers)
#32 are #33 are located in areas 502 and 404 of the MLS Map in the northwest Las Vegas (Summerlin). These projects are both very high end and are not attached to a casino.
34. Manhattan West
35. Vistana Condominiums
#34 through #36 are located in areas 502 and 504 of the MLS Map in the west and southwest Las Vegas. These projects are not attached to a casino.
37. Luna D
#37 and #38 are located in area 603 of the MLS Map around Lake of Las Vegas, an exclusive, destination resort consisting of two golf courses and three hotels (one of them is a casino) approximately 20 miles to the east from Las Vegas Boulevard.