Las Vegas Condo Construction - Element House tops off at Manhattan West

By
Real Estate Agent with Simply Vegas Real Estate

More good news about Las Vegas, that won't get blasted by the national media. I've written about Manhattan West Condominiums before, and now they've just topped off their 9 story signature building, 'Element House'. It's part of the 20 acre $350 million mixed use development that is moving right along. It's located in the southwest side of the Las Vegas Valley, just off the 215 Beltway at Russell Rd. Local ABC affiliate KVBC - TV13 gave it a brief mention with a quick flyover video, click the image below to watch it.

Link to Manhatten West Video at KVBC - TV 13 Las Vegas

This new tower will offer a variety of choices from studios up to 3 bedrooms with floor to ceiling glass along with many standard upgrades, and designer options available. This building is also the center of the community and will have a 7000 square foot fitness area that is part of the 2 floors of clubhouse. The top floor is the rooftop lounge with outdoor patio and lounge pool offering panoramic views of the entire valley. On the ground level is an outdoor lap pool, and a 'Funpool' that starts from inside the building and features a large waterfall coming from within the grotto's ceiling, and a swim up bar. There will also be a community BBQ area at the building, along with interior gardens, indoor / outdoor koi ponds, and stone features including backlit alabaster. All to represent the elements of earth, wind, fire, and water. While there are only 70 units in within Element House itself that start from the $400,000's, these amenities are open to all owners in the community that offers other levels of pricing. It's all part of the unique social aspect of this project, called Friendscape™.

As a mixed use project there will also be 200,000 square feet of retail, restaurant, and office space on completion of the 12 planned buildings. Elixer Coffee House and Wine Bar has announced it will be part of the project as well as Don Antonio's Restaurant. Also slated is a boutique market offering prepared foods, sundries, and packaged liquors. A preliminary agreement has been signed with Intercontinental Hotels for a 120 room Staybridge Suites for business travelers.

Yes this is yet another positive real estate story from Las Vegas that could quietly escape you, if you believe only the bad news blasts from the media. I've mentioned several others in my blogs, including the
billions in current resort projects and other industries coming to Las Vegas. Of course there is even much more around the Vegas Valley, like you'll find on the Boulder Strip, or Condo projects such as Palms Place where closings are going well, to work underway for Las Vegas' expansion well beyond the valley itself.

Gemstone Development CEO Alex Edelstein of Manhattan West is also fed up with all the negativity of the news, particularly about the headline grabbing use of Las Vegas. The media's insistence on misleading market information and negative spin has him frothing! That's why he has also started his own blog "Dedicated to the Truth About Housing and the Economy", that's found at FrothingDeveloper.com. Of course you can find out more information about his Manhattan West here at the website
.

<<<  UPDATE  >>>

Manhattan West construction has been suspended as of 12 - 16 - 2008 due to financing, but hopes to obtain a new source to resume construction.

Story in Las Vegas Review Journal

 

If you are interested in relocating to Las Vegas or would like information on Las Vegas real estate, please email me roberta@search4lasvegashomes.com or call me at 702-354-8988. I look forward to hearing from you!

Roberta's Las Vegas Real Estate Blog

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Topic:
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Tags:
las vegas condos
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gemstone development
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Rainmaker
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Anthony Stokes-Pereira
Better Homes and Gardens Rand Realty - Nanuet, NY
Realtor

Hi Roberta;

 Great Post!!!!!!!!!!!!

Very nice buildings..........good luck.........................

Anthony

Aug 18, 2008 02:01 PM #1
Ambassador
2,262,296
Robert Vegas Bob Swetz
Realty ONE Group - Las Vegas, NV
Las Vegas Henderson Homes for Sale

Roberta, I really enjoy reading your posts on Las Vegas, you know why! Your posts are so full of information.

Aug 18, 2008 06:58 PM #2
Rainmaker
1,039,575
Charles McDonald
Charlottesville Real Estate Solutions - Charlottesville, VA
REALTOR®, Blogger, Principal Broker®, Owner

They will not stop building until they reach the Pacific Ocean!!!

your friend in Charlottesville!

Aug 19, 2008 05:16 AM #3
Rainmaker
325,771
Esko Kiuru
Bethesda, MD

Roberta,

Excellent news from the Las Vegas real estate scene. There are developments that are proceeding as scheduled, so the market is moving along. Slowly, as we see, but it's alive and kicking.

Aug 19, 2008 04:19 PM #4
Rainmaker
1,763,924
John Novak
Keller Williams Realty The Marketplace - Las Vegas, NV
Henderson, Las Vegas and Summerlin Real Estate

Nice to see some positive news in the Las Vegas condo market. I really like the philosophy and design of this project, and hope that it will draw enough residents to support the commercial areas.

Aug 19, 2008 04:58 PM #5
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484,357
Roberta LaRocca
Simply Vegas Real Estate - Las Vegas, NV
REALTOR®, Broker, Salesperson, Property Management

Anthony: Thanks! It will be nice when it's done.

Robert: Glad you enjoy them. Always good to pass along the good news that gets overlooked.

Charles: I think CA sort of already did that, Las Vegas is just filling the gap! LOL

Esko: Exactly. The news isn't all good, but it's not all bad, either. There's an awful lot still happening here.

John: Station Casinos announcing that Durango Station should begin construction next year, that corner has been spurring more interest in that corner of the valley. By the time Manhattan West comes online there will be a lot more resort openings and jobs, and a need for more housing. Manhattan West also offers a tenant program for investors, so there are a lot of options.

Aug 19, 2008 10:15 PM #6
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Roberta LaRocca

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