TITLE

Work stops on mixed-use condo project

AUTHOR(S)
Smith, Hubble
PUB. DATE
December 2008
SOURCE
Las Vegas Business Press (10712186);12/29/2008, Vol. 25 Issue 52, pP15
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports on the suspension of the construction of the Manhattan West mixed-use condominium development in Las Vegas, Nevada. According to Gemstone Development chief executive officer Alex Edelstein, the $350 million project fund is no longer available and the new financing is uncertain. It is inferred that the cause of the mismatch between the cost of the building and the capability of people to pay for condominiums and office spaces. It is also cited that the recent economic events made a difficult environment for real estate development.
ACCESSION #
36293315

 

Related Articles

  • A slice of the Big Apple comes to the valley. Illia, Tony // Las Vegas Business Press (10712186);5/21/2007, Vol. 24 Issue 21, p24 

    The article reports on the construction of mixed-use urban complex ManhattanWest in Las Vegas Valley, Nevada. The project, valued at $350 million, combined 700 condominium residences with commercial office and retail space. The complex is located at the southwest corner of Russell Road and the...

  • New mixed-use project planned.  // Las Vegas Business Press (10712186);5/28/2007, Vol. 24 Issue 22, Special section p16 

    The article presents information on the ManhattanWest, a mixed-use urban complex taking place in southwest Las Vegas, Nevada. The $350 million project combines 700 condominium residences with 150,000 square feet of office space and 43,000 square feet of shops. The complex will consist of 11...

  • ONE Las Vegas units nearing completion. Stephens, Ben // Las Vegas Business Press (10712186);7/16/2007, Vol. 24 Issue 29, p2 

    The article announces that ONE Las Vegas development will be delivering units to the first 270 buyers by the first quarter of 2008. ONE Las Vegas offers customer upgrade packages where buyers can incorporate the latest technological amenities into the units. ONE also allows buyers to coordinate...

  • Ain't got that bling: World Jewelry Center construction on hold. Spillman, Benjamin // Las Vegas Business Press (10712186);6/8/2009, Vol. 26 Issue 23, pP12 

    The article reports on the postponement of construction on the 2 million-square-foot World Jewelry Center in Las Vegas, Nevada. Originally scheduled to start construction in 2009, developers have also scrapped plans to include residential condominiums in the project. According to Robert...

  • Trump International. Moises, Christian // New Orleans CityBusiness (1994 to 2008);2/25/2008, Vol. 28 Issue 31, p22A 

    The article reports on the $400 million Trump International hotel and tower project in New Orleans, Louisiana. It is said that the developers of the 72-story tower project hopes to break ground this summer but it depends on final approvals and securing the necessary condominium documents....

  • LANDMARK TOWERS POISED TO TAKE SHAPE IN COLOMBO.  // Elevator World;Dec2013, Vol. 61 Issue 12, p30 

    The article reports on the sale of condominiums in the Krrish Square mixed-use project in Colombo, Sri Lanka and mentions topics including its developer, target completion date and number of towers.

  • Floating Floor Systems.  // Sound & Vibration;Dec2011, Vol. 45 Issue 12, p1 

    The article focuses on the Éilan project in San Antonio, Texas which is a mixed-use construction developed by Wereldhave USA.

  • With no opposition, huge Queens project advances. Potkewitz, Hilary // Crain's New York Business;11/30/2009, Vol. 25 Issue 48, p7 

    The article reports on the development of Hunter's Point South, a 175 million dollars residential and retail development, in Queens, New York City. The design calls for 5,000 housing units, 60% of which will be set aside for middle-income residents; 100,000 square feet of retail space; an...

  • According to plan.  // New Hampshire Business Review;4/1/2016, Vol. 38 Issue 7, p4 

    The article reports on the approval on the first phase of Tuscan Village mixed-use development project by the Salem Planning Board in New Hampshire.

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics