LAS VEGAS-Locally based developer Lauth has topped out on Montecito Point, a six-story, 187,000-sf office building in Northwest Las Vega. The speculative $50-million development is slated for delivery this fall.

Montecito Point is rising on the northwest corner of Hwy 95 and the 215 Loop in northwest Las Vegas. The project sits within Montecito Town Center, a 200-acre mixed-used development that includes retail, single and multi-family housing, a full service hospital, and recreational attractions.

“There’s very little existing class A product around our project and we are very well located,” Lauth’s VP of development Mike Orr tells “And we are right in the middle of a master-planned park, putting us within two miles of a power center and a grocery-anchored neighborhood center.”

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