In Las Vegas, eventually, everything that is old is new again. The north end of the Strip, which can be defined as everything north of Trump International Hotel and Tower is experiencing tremendous growth. There are many projects under development that will have an impact on the existing high rise condo towers on that end.
SKY LAS VEGAS, in particular, sits directly across the Strip from the former Fontainebleau site, which will soon become THE DREW in a few years. With gaming pro Bobby Baldwin, at its helm, this resort is sure to be a winner. The SKY Las Vegas high rise, has a Las Vegas Boulevard address, 2700 Las Vegas Blvd. South. Prices at SKY are still much lower that the pre sales prices & opening prices of 2005-2007 and way below current construction costs.
The Turnberry High rise condos sit east of SKY on and just off Paradise Road. And Metropolis is located just east of Genting’s Resorts World hotel – which is under construction, but has been topped off.
Presently, we have a fabulous value at SKY LAS VEGAS for sale. Unit 3906, a two bedroom unit offered at $389k for 1100 sq. ft. This is below $400 psf for a top of the tower condo located right on Las Vegas Boulevard, smack dab in the center of all the new redevelopment that the North end of the Strip is experiencing. We believe that investing in the luxury high rise condos on this end of the Las Vegas strip these days ( November 2019), will potentially have a darn good shot at experiencing significant appreciation over the next 5 to 7 years when the North end real estate will be in its new “Golden Age”.