
VEER TOWERS
VEER TOWERS CONTINUES TO LEAD CONDO MARKET RECOVERY IN VEGAS
Real
estate numbers are on the rise in Las Vegas, and Veer Towers, the only all-residential building on the Las Vegas
Strip, is helping to lead the way. Less than one year after beginning sales, Pordes Residential closed on 100 units at Veer Towers.
“There is nothing but good news coming from Las Vegas,” said Mark Pordes, CEO of Pordes Residential. “The business plan was to close on the first 100 sales while leasing out the rest of the
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inventory and then decide what to do with the remaining ones, but with the market accelerating into 2014 we are now ready to release the next 100 units for sale at Veer Towers.”
According to the Chairman of the Index Committee at S&P Dow Jones Indices, 12 cities
posted double-digit annual returns. “Regionally, the West continues to lead with LasVegas gaining 29.1% year-over-year,” said David M. Blitzer.
At Veer Towers, buyers have come from destinations across the United States and around the world. The strong attraction to the incredible location, the only residential building with a Las Vegas Boulevard address, will only continue to grow as new developments and venues come alive on the Vegas Strip.
A neighboring project being planned by MGM Resorts International provides further evidence that the market in Las Vegas is strong. The company has announced plans to build a state of the art 20,000- seat arena in partnership with entertainment powerhouse AEG. The arena will be the centerpiece of a complete revitalization of the area between New York-New York and Monte Carlo resorts, extending from Las Vegas Blvd. to Frank Sinatra Drive. The front
facades of New York-New York and Monte Carlo are being transformed into an outdoor plaza experience featuring a series of casual bars, eateries and retail destinations.
Those two new attractions are within walking distance of Veer Towers. In addition, Veer residents are surrounded by the luxury and convenience of The Shops at Crystals, the Gallery Row Shops, ARIA Resort & Casino, Vdara Hotel & Spa, and Mandarin Oriental, Las Vegas. No other community offers luxury shopping, fine dining, world-class entertainment and gaming within walking
distance. The two 37-story Veer Towers stand out from all other condominium projects in
Las Vegas. Designed by worldfamous Murphy/Jahn*, the towers lean across each other at a 5 degree angle, glistening in gold. Residents enjoy incomparable views of Las Vegas from their residence as well as the rooftop entertainment areas
Veer Towers Continues To Lead Condo Market
that feature infinity edge swimming pools, hot tubs, sun decks and summer kitchens.
“Veer Towers is the only allresidential offering on the Las Vegas Strip. It’s atrophy property in the heart of City Center, and it has become one of the most desirable addresses in the city,” said Jim Navarro, Vice President of Sales for Pordes Residential.
The Pordes Residential sales
team is selling studio, one- , two- and three-bedroom condominiums at prices of $275,000 to more than $1.8 million. For more information on Veer Towers, contact the Pordes Residential sales office at 702-748-8285.
Neither Pordes Residential or the owner of the Veer units is affiliated with MGM Resorts International.