Downtown Las Vegas Set to Soar with $750 Million Luxury Hotel-Condo Tower

Downtown Las Vegas is poised for a magnificent transformation with the unveiling of a colossal 61-story luxury hotel-condominium tower, an ambitious $750 million endeavor spearheaded by The Siegel Group. This landmark project promises to redefine urban living and hospitality in the heart of the city, bringing an unprecedented level of opulence and sophistication to an already vibrant area.

Slated for a prime 0.82-acre vacant lot near the flourishing Arts District, specifically at 930 E.

Stewart Ave. and 901 E. Ogden Ave., this towering development will be a beacon of modern luxury. The plans submitted to the city detail a breathtaking structure housing 399 exquisite hotel rooms and 304 high-end condominium units, catering to both discerning travelers and those seeking an unparalleled residential experience in downtown Las Vegas.

Michael Siegel, the visionary founder of The Siegel Group, expressed immense enthusiasm for the project, highlighting its potential to elevate the downtown landscape.

“We look forward to bringing a world-class luxury hotel-condominium project to downtown Las Vegas, creating a new iconic landmark and bringing additional visitors and residents to the area,” Siegel stated, emphasizing the group's commitment to delivering a truly exceptional development.

Residents and guests alike will be treated to a comprehensive array of premium amenities designed to offer the ultimate in comfort and convenience.

The plans include chic ground-level retail spaces, an assortment of exquisite restaurants, a rejuvenating spa, and a spectacular rooftop pool and lounge, providing panoramic views of the city. For practicality, a robust 10-story parking garage will accommodate 712 vehicles, ensuring ample parking for all.

The project's location is strategically chosen, capitalizing on the ongoing renaissance of downtown Las Vegas and its burgeoning Arts District.

This area has seen significant investment and growth in recent years, with developments like the Circa Resort & Casino, various Fremont East projects, and a flourishing arts scene contributing to its dynamic atmosphere. The new luxury tower is expected to further catalyze this growth, drawing more residents and visitors to explore and invest in downtown's unique culture.

Construction on this monumental project is anticipated to commence in the third quarter of 2024, with an ambitious completion target set for late 2027 or early 2028.

This timeline underscores The Siegel Group's commitment to bringing this vision to life efficiently, ensuring that downtown Las Vegas soon welcomes its newest architectural marvel and a significant boost to its economy and appeal.

This development is not just another building; it represents a bold statement about the future of Las Vegas—a city continually evolving, embracing luxury, and expanding its horizons beyond the Strip.

With its blend of sophisticated living, top-tier hospitality, and strategic location, The Siegel Group's 61-story tower is set to become an enduring symbol of downtown's resurgence and a new chapter in the city's storied history.