HENDERSON, NV—Elysian at The District, a luxurious 360-unit rental community here developed by the Calida Group of Las Vegas, is now under construction. Designed by KTGY Group Inc., the 18.95-acre new development is located off I-215 and South Green Valley Parkway, anchoring The District at Green Valley Ranch,where residents can take full advantage of one of the most dynamic retail, dining and entertainment districts in Las Vegas, according to KTGY associate principal Bill Ramsey.

Ramsey exclusively tells GlobeSt.com that since overall housing prices in the Las Vegas market have been historically low compared to other major metros, the marketplace has lacked high-end luxury rentals. “In the past, the renting community wanted a low-to-mid range home due to due to either financial constraints or so they could save money to purchase a home,” he says. “Today, many renters in the Las Vegas market are renters by choice and want the resort lifestyle that a high-end, amenity-rich, luxury apartment community offers. They don’t want to be locked in to owning a home and want to feel like they have everything at their finger tips without having to live on the Las Vegas strip. We are capitalizing on this unmet need in the transforming market.”

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.