Thursday, June 14, 2007

Allure Las Vegas Leads Way for North Strip Development

With the flurry of recent announcements regarding property acquisitions and real estate transactions, the north end of the Strip has quickly become the focus of redevelopment activity. More than three years ago, developer Steven Fifield had the foresight to put down stakes on this prime real estate. As a result, residents of Allure Las Vegas, one of the very few true high-rise condominium projects, are expected to move in this fall thus pioneering a new era of North Strip living.

Las Vegas, NV (PRWEB) June 13, 2007 -- With the flurry of recent announcements regarding property acquisitions and real estate transactions, the north end of the Strip has quickly become the focus of redevelopment activity. More than three years ago, developer Steven Fifield had the foresight to put down stakes on this prime real estate. As a result, residents of Allure Las Vegas, one of the very few true high-rise condominium projects, are expected to move in this fall thus pioneering a new era of North Strip living.

Anchoring the northwest corner of Sahara Ave and Las Vegas Blvd, construction on Allure Las Vegas continues to heat up as the 41 story high-rise tower of makes its final push towards completion through the next few months. Allure Las Vegas is quickly approaching one of its last major milestones with the near completion of the five story parking structure, making way for construction to begin on Allure's expansive pool, deck and cabanas.

"The North Strip has some of the most desirable land in the city and will soon be known for its high-end hotel-casinos and mixed use projects," said Alan Schachtman, Senior Vice President and Principal of the Fifield Companies. "For Fifield, developing Allure at this enviable location is strategic, and creates a fantastic opportunity for residents on a site that is increasing in value everyday."

Once completed, the sixth floor pool deck will feature a lushly landscaped pool surrounded by private cabanas. Available for purchase, each cabana comes equipped with air-conditioning, securable sliding-glass doors and are power and cable-TV ready. Also, high-speed wireless Internet is available on the pool deck and public spaces.

"The progress on the building is right on track," said Schachtman. "Now that the garage structure is in place, we are starting the finish work on the sixth floor pool and pool deck. It is exciting to stand on the pool deck and take in the views that our residents will enjoy when they are relaxing by the pool."

Maintaining an aggressive 25-month overall schedule, work on the building's facade is almost complete, with glass infill being done in strategic locations. Allure's place in the skyline is assured as the building is visible from many vantage points in and around Las Vegas. The signature crown will be lit sometime next month, which will make Allure all the more discernible on the Vegas skyline.

Allure Las Vegas features 428 units and 15 distinct open floor plans with studio, one, two and three bedroom residences which range in size from 671 to 4,400 square feet, in addition to tower suites and extraordinary two-story penthouses.

Allure's large outdoor pool deck with cabanas is overlooked by a well-appointed fitness center with locker rooms, and a media center, conference room, catering kitchen and business center equipped with high speed internet computers, wi-fi in all of the public spaces, resident storage, 24-hour security and valet parking. In addition, due to its close proximity to fiber optic lines, Allure will have a large bandwidth connection available to all units for video and data. A private wine cellar will offer climate controlled storage for residents. Allure Las Vegas is also the only high-rise residential development in Las Vegas offering feng shui design.

With remaining residences remarkably priced from the mid-$500,000s, Allure Las Vegas is more than 92% sold out of its luxury units. Each of its remaining residences offer premium views of Las Vegas and the surrounding mountains, superb amenities and exceptional finishes.

There is also something new and delightfully out of the ordinary at Allure. Unique to this community, Allure Now™ is Allure's new and very exciting concierge service. Like having your own personal assistant and lifestyle management expert, Allure Now™ allows Allure purchasers to enjoy the Las Vegas lifestyle while their residence is still being built.

Allure Las Vegas is a project of The Fifield Companies, in a joint venture with CB Richard Ellis-Strategic Partners and ABF, Inc. -- an Andrew Fonfa investment company.

One of the nation's premier developers of luxury high-rise condominiums, rental apartments and urban office towers, The Fifield Companies has earned a reputation for creating superb living and office environments in some of the country's most renowned locations, including Chicago, Ft. Lauderdale, Los Angeles, San Francisco, Las Vegas and Honolulu. Fifield has developed and built more than 50 projects in the United States worth more than $4 billion. The company also has 13 additional projects under development worth an estimated $2 billion.

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