Tuesday, August 23, 2005

Ivana Las Vegas High Rise

Ivana Las Vegas has competition with many other projects that are coming up in the nearby areas. Ivana Las Vegas has an advantage over the other projects by having creative architecture; better forecasting of the construction costs, and having better construction people. The pricing of the towers has been very aggressive at $2,000 per square foot. The whole construction cost is expected to be $500 million. If the project succeeds in spite of such huge rates then this will have an impact on the other condominiums as well.

The condominiums will have area of 500 square feet to 1,900 square feet while the penthouse, which will cost $35 million, will cover an area of 20,000 square feet. The price of one bedroom unit is expected to begin at $550,000. The penthouse will comprise of 9 bedrooms and a recording studio. The other facilities included in the project are pool, spa, gym, business center and a coffee shop.