Friday, March 09, 2007

Mixed Use Project Hopes to Revitalize Downtown

Developers of Verge, a $135-million, mixed-use, mid-rise condominium development hope to do their part in revitalizing the downtown area. It plans 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 project, scheduled to break ground this summer and finish in the fall of 2008, will include a residential element that 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.

Las Vegas officials are hopeful that projects such as these will lend to the revitalization efforts of the downtown area. One major goal of the revitalization being bring affordable, high-quality living to those who live and work in the area. Verge's units which start at about $150,000 may help meet the city's affordability goal.


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