Las Vegas Sun

April 25, 2024

Growing new high rises

Sam Cherry, a downtown Las Vegas developer, has one condominium tower nearly finished, another in mid-construction and a third in the design phase - and he is looking for land for two more high rises.

"We're definitely looking for more land, trying to keep the ball rolling," Cherry said.

He's looking for land near his other three projects, which are near Hoover Avenue between Casino Center and Las Vegas boulevards.

While dozens of plans for new high rises have been approved by the City Council, Cherry's is about to open. people will begin moving into his Soho Lofts at Las Vegas Boulevard South and Hoover Avenue during the first week in May, Cherry said.

His second project, Newport Lofts, is already making its mark on the city skyline, and should be done sometime around the summer of 2007.

And Stanhi, the third condo high-rise project, could be coming out of the ground by the end of this summer.

Michael Treanor, Tamares investment manager, said they hope to acquire part of the 61 acres nearest to their property for a new hotel tower. The new tower would be connected to the existing property - they would be on opposite sides of railroad tracks - by one of at least two pedestrian crossings.

The Plaza occupies a strategic location in relation to the 61 acres. it lies across the railroad tracks from most of the 61 acres' eastern border, and is between Fremont Street and the now-vacant city property.

Also, now that Mayor Oscar Goodman is talking about putting a new City Hall near, but not on the 61 acres, Treanor said there's a chance the city would be interested in land on the southern end of the Plaza property.

Treanor said the talks are very preliminary, and the two sides are far from bringing a proposal to the City Council for approval. He would not say whether they are talking about buying land on the 61 acres, or trading land with the city.

The 61 acres is to be home to performing arts and Alzheimer's research centers, plus residential and office high rises.

And Councilman Larry Brown said areas probably most affected will be the neighborhoods near downtown and the Rainbow curve on U.S. 95.

Most of the redistricting is expected to move ward boundaries north to account for rapid growth in Councilman Steve ross' ward, where the population increase is far outpacing the rest of the city.

Brown said his ward, which is west of rainbow and several blocks north and south of Cheyenne Avenue, will probably see the least change.

Councilman Lawrence Weekly said he doesn't expect any fighting among council members over redistricting.

"We're going to see some big changes, but at the end of the day we have to help out Councilman ross," Weekly said.

Weekly said the redistricting process could drag on into the fall, but Brown predicted the council could vote on the new ward boundaries in June or July.

Dan Kulin can be reached at 259-8826 or at [email protected].

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