HENDERSON, NV—Elysian at The District, a luxurious 360-unitrental community here developed by the CalidaGroup of Las Vegas, is now under construction. Designed byKTGY Group Inc., the 18.95-acre new development islocated off I-215 and South Green Valley Parkway, anchoring TheDistrict at Green Valley Ranch,where residents can take fulladvantage of one of the most dynamic retail, dining andentertainment districts in Las Vegas, according to KTGY associateprincipal Bill Ramsey.
Ramsey exclusively tells GlobeSt.com that since overall housingprices in the Las Vegas market have been historically low comparedto other major metros, the marketplace has lacked high-end luxuryrentals. “In the past, the renting community wanted a low-to-midrange home due to due to either financial constraints or so theycould save money to purchase a home,” he says. “Today, manyrenters in the Las Vegas market are renters by choice and want theresort lifestyle that a high-end, amenity-rich, luxury apartmentcommunity offers. They don't want to be locked in to owning a homeand want to feel like they have everything at their finger tipswithout having to live on the Las Vegas strip. We are capitalizingon this unmet need in the transforming market.”
The Elysian at The District is the second ofthree projects that KTGY has designed for the Calida Group thattargets the high-end renter. Ramsey tells GlobeSt.com that “Elysianat Southern Highlands, a 255-unit townhome apartment community inLas Vegas, recently opened and has enjoyed tremendous successfilling a need for luxury, amenity-rich rentals. The apartmentcommunity features nine-foot ceilings in all the units, great viewsof the mountain or strip as well as two pools plus cabanas, twoclubhouses, a huge 24-hour fitness center plus tanning salon andmore."
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