Luxury high-rise planned for MacDonald Highlands

A $600 cardinal luxury resort-style condominium task is planned for MacDonald Highlands successful Henderson, and if approved by the city, it would beryllium the archetypal high-rise built since the Great Recession.

Called the Pinnacle Residences astatine MacDonald Highlands, the task with 2 towers totaling 183 units is acold on successful the readying process. The Henderson City Council volition see approving the task entitlements successful December.

One operation is projected astatine 24 stories and the different astatine 25 stories. The task calls for underground parking of 4 and 5 stories.

Prices and layouts haven’t been finalized but are expected to commencement astatine $1.5 cardinal and spell up to $13 cardinal for penthouses, which person their ain backstage excavation connected their terraces. About 140 reservations person been taken with customers putting down betwixt $10,000 and $100,000 successful refundable reservations. In aboriginal 2022, those reservations volition beryllium converted into acquisition and income agreements, requiring a 25 percent deposit with the equilibrium owed upon transportation of the residence by June oregon July 2024.

Veer Towers successful CityCenter, which started operation earlier the existent property downturn and opened successful 2010, is 1 of the past high-rises built successful the valley.

“It’s the astir breathtaking task to deed Las Vegas for luxury residential since CityCenter,” said Kristen Routh-Silberman, a Realtor with Corcoran Global Living, the exclusive listing cause for the Pinnacle Residences.

“The effect has been fantastic. It’s successful a beauteous canyon with arroyos each around, and 99 percent of radical successful MacDonald Highlands won’t adjacent cognize it’s there. It couldn’t person been successful a much beauteous location. People wondered wherefore Summerlin has this but Henderson doesn’t. They’ve been asking for lock-and-leave. Everybody wants it to beryllium embedded successful a five-star, guard-gated state nine assemblage with each the amenities and beauteous Strip views.

We tried to marque it similar a location successful the sky, and that’s wherefore the outdoor abstraction (for the units) is important for us.”

All of the units volition person extended outdoor areas with outdoor kitchens, outdoor eating and outdoor sitting areas.

The project, a improvement of Las Vegas- and Mexico- based Azure Resorts and Canada- and New York-based Luxus Developments is expected to commencement readying the tract pad successful the archetypal 4th of 2022 with vertical operation to commencement successful the 3rd quarter. It’s expected to instrumentality 27 to 30 months from May.

Azure President and laminitis Jim Reilly, a Henderson nonmigratory successful Seven Hills, said this volition beryllium their archetypal task successful the continental U.S. aft doing edifice residential villas successful Mexico, Hawaii and elsewhere. He said helium thought of the task with himself successful mind.

“I person lived present the past 12 to 13 years, and aft dealing with COVID, determination was not a full batch that was happening extracurricular the country,” Reilly said. “My lad is simply a elder successful precocious school, and we were reasoning astir what we were going to bash erstwhile helium leaves. I would similar to enactment connected the Henderson broadside of town, and we started reasoning astir whether we could physique a service-oriented luxury condominium task determination successful Henderson.”

The closest examination for Pinnacle Residences is One Queensridge Place successful the southwestern valley, which opened successful 2007 with 2 20-story towers of luxury residential living.

“We chose MacDonald Highlands due to the fact that it was the pre-eminent luxury, guard-gated, golf-course assemblage successful Henderson. I don’t deliberation there’s thing amended than that successful presumption of amenities, homes being developed and homes already developed.”

Reilly said prospective Pinnacle buyers making reservations are radical who unrecorded successful guard-gated communities successful Henderson, don’t privation to unrecorded connected the Strip and whitethorn person a 2nd location successful California. He expects that the adjacent signifier of buyers volition beryllium from residents from elsewhere successful the vale and the remainder volition beryllium radical from retired of state.

“It’s large for a mates of days oregon a agelong weekend, but astir (Henderson and Las Vegas residents) privation the quality to entree the Strip wrong 10 oregon 15 minutes but spell to their secluded country successful the suburbs wherever you tin person a mean beingness and not person the postulation and tourists,” Reilly said. “I privation to unrecorded successful a residential community, and the Strip is not a residential community. Once we started talking to radical astir this, we recovered a ton of request for this benignant of product.”

The prospective buyers unrecorded successful homes of 6,000 quadrate feet to 7,000 quadrate feet with 5 bedrooms worthy astir $3 cardinal to $5 cardinal and are funny successful three- to four-bedroom condos astatine a akin terms of $3 cardinal to $4 million, Reilly said.

“We tried to marque these condos surviving similar single-family residences with outdoor eating space, outdoor surviving space, a backstage store and backstage elevator that leads straight into your residence,” Reilly said.

About 15 months ago, aboriginal successful the pandemic, Reilly said helium approached MacDonald Highlands, and its developer, Rich MacDonald, loved the conception and lifestyle. MacDonald took it to Henderson officials, who were favorable astir it. Azure and Luxus came to an statement to bargain 11 acres from MacDonald Highlands that volition beryllium consummated erstwhile entitlements are obtained. MacDonald Highlands is an capitalist successful the project, but Azure and Luxus support control.

“This is simply a three-quarter-of-a-billion task and it’s successful the lone determination we would let it to be, and it’s a large merchandise and the impervious of that is that it’s (mostly reserved), close now,” MacDonald said. “The reservations are bouncing up each day, and determination hasn’t been immoderate existent advertizing yet, but conscionable to the vicinity and friends.”

MacDonald said it’s an accidental to springiness radical different manner choice. As radical age, it’s bully to person a portion to crook the key, fastener the doorway and instrumentality a travel and travel backmost and everything is the mode you near it.

“It’s large for the valley,” MacDonald said. “It gives america a caller modular for excellence. The plan and decor of this task is implicit the apical that it has forced maine to remodel the clubhouse.”

The developers hired WATG, a steadfast that designs projects crossed the world, arsenic the designer for the project. The plan volition beryllium godforsaken modern with immoderate modern features and volition consciousness akin to caller homes nether operation successful MacDonald Highlands, Reilly said.

“It is an upscale task that volition astir apt beryllium $750 cardinal to $800 cardinal successful full sales,” Reilly said. “That volition mean astir $6 cardinal a twelvemonth for the metropolis of Henderson successful spot tax. They similar that it’s upscale luxury compared to rental apartments and smaller condos, and it’s not age-restricted, truthful we’re not going to person a batch of request for schools oregon constabulary services. It’s a nett affirmative for the city, and we’re going done the process close present to person the last plan approved.”

The task won’t beryllium implicit the ridgeline, Reilly said. It’s nestled into an arroyo and designed to blend successful with the earthy situation with the mountains down it. There’s thing down it, truthful it won’t artifact immoderate views wrong MacDonald Highlands, helium said.

Two-bedroom units commencement astatine 2,500 quadrate feet for the interior and 650 quadrate feet for the exterior. Units spell arsenic precocious arsenic 9,000 quadrate feet for the interior of penthouses with a 7,000-square-foot exterior. There are 2 penthouses connected each tower. The penthouses and inferior penthouses connection 5 bedrooms.

While the inferior penthouses and penthouses volition person outdoor backstage pools connected terraces, 5 ground-floor units tucked successful beforehand of the store volition person backstage plunge pools wherever you tin locomotion retired to them from your terrace.

MacDonald Highlands is location to the DragonRidge Country Club, tennis halfway and diversion center. Pinnacle Residences volition person 24-hour concierge, valet and security; a gourmet edifice and lounge with metropolis and Strip views; country service; backstage cook service; backstage eating room; peculiar events specified arsenic vino tastings and backstage dinners; nonmigratory vino cellar and vino lockers; resort-style, multilevel excavation with Strip view; thigh pool; poolside nutrient and beverage; outdoor Jacuzzi and grotto; barbecue grilling area; backstage cabana; lawsuit tract with catered nutrient service; full-service gym and spa; idiosyncratic training; fittingness lounge; steam rooms; indoor Jacuzzi; play simulator; crippled room; media screening room; children’s room; favored spa; parcel acceptance; boardroom and gathering spaces and library.

The task besides volition person 4 edifice rental suites that condo owners tin usage erstwhile they person friends and household visit.

“It volition consciousness a small much similar a luxury edifice resort,” Reilly said.