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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: redfish who wrote (29469)4/12/2005 8:16:04 PM
From: patron_anejo_por_favorRead Replies (2) of 306849
 
Amazing stuff in the Vegas papers today....not one, but 2 separate high rise condo projects announced, and both are enormous:

lasvegassun.com

Diversified Real Estate Group will unveil plans today for a $1 billion, 2,400-condominium development on Las Vegas Boulevard South.

lasvegassun.com

The world's largest privately held time-share company plans to build a 52-story time-share tower at the Aladdin, the company announced.

Orlando, Fla.-based Westgate Resorts will begin construction of the $400 million, 800-unit development later this year with completion of the first suites targeted for New Year's Eve 2007.


Good to see that the dreaded condo shortage problem is being addressed!<G> If anyone out there is interested in a 1250 sf, 2 BR, 2 BA, one car garage condo in Summerlin, it's their's for the low, low price of half a mil. PM me for details!<G>
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