New Las Vegas Luxury Condos Pinnacle Condo Resort

New Las Vegas Luxury Condos Pinnacle Condo Resort

The Las Vegas Pinnacle Condominium Resort, an 1,100 unit project, will be managed by Interstate Hotels and Resorts.

Pinnacle Condominium Resort is a twin-tower, 36 story development currently in presale with ground breaking set for this fall and completion in the second quarter of 2009.

Arlington-based Interstate Hotels and Resorts (NYSE: IHR) says it is the largest independent hotel management company in the nation.

The $850 million Pinnacle Las Vegas condo resort is being developed by The Falcon Group, which is owned by investors from Pennsylvania and Las Vegas. The complex, which sits on 12 acres off the west strip Las Vegas real estate, is designed to have a mix of resident owners, vacation owners, second-residence owners and Las Vegas resort guests.

Condos are being priced at more than $600,000 each.

Source: Washington Business Journal

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New Las Vegas Luxury Condos Pinnacle Condo Resort.