Major cities in U.S have seen tremendous growth and developments in the past few years. The new developments and projects were consequently pushed away from the center to the edge of the city, in the last few years.

But now once again the developments are taking place in the heart of the city and they are growing vertically. The credit of Las Vegas downtowns trend to growing vertically towards high-rise buildings goes to Sam Cherry. Many residential buildings have been proposed and approved for the downtown Las Vegas, but Cherry’s Soho Lofts is the only project that is making its mark in the skyline of Las Vegas and it can be occupied by the owners by January.

Construction at Cherry’s other project, the Newport Loft has also begun while his third high-rise project, Stanhi is going for approval to the city council. Developers had doubt whether such high-rise project with their high prices will be a success among people. The Soho condominium had units from $379,000 to $2.7 million. Cherry has proved that downtown had a market for expensive condos.

This entry was posted on Friday, October 28th, 2005 at 5:01 am and is filed under News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.