Vegas 888 Las Vegas Condominium Resort
Vegas 888 Las Vegas Condominium Resort in development by Del American offers the latest in ultra-luxury condominium resort living. Located on the 10-acre parcel east of the Palms Casino, these premium units featuring Smart Technology will set a new standard for life in Las Vegas.
Condo Unit Floorplans
VEGAS 888 will have over five hundred units available, ranging from 803 sq. ft. to over 25,000 sq. ft. for the penthouse on the top two floors of the building. The building will feature flats with open floor plans, and two-story lofts with 20' ceilings. There will also be 10 three-story Villas available for sale next to the two-acre pool area.
Amenities
Building amenities includea 13,000 sq. ft. spa, a private club for the residents, andan exclusive nightclub, all on the 35th level overlooking the entire Strip.
Vegas 888 Special Amenities include:
- An exotic porte cochere entry featuring a symphonic waterfall with dazzling lights
- A spectacular two-acre pool area featuring a lagoon pool with beach entry, swimming pool with waterfall, rooftop hot tubs, rainforest showers, villas, bungalows and cabanas, and swim-up bar. Your Blue Glove Hostesses and Pool Attendants will satisfy your every desire.
- The Whale Club: Party close to the stars with your private membership to The Whale Club, Vegas 888's exclusive strip view night club for high rollers and their entourages which will be open to residents
- The Riviera Hot Spot, a private owners-only European sunbathing deck with signature day beds, private bar, plunge pool, cabanas and firepit adjacent to the Whale Club on the 35th floor
- Spa 35, a 12,000 square foot multi-level full service European resort spa
- World class gourmet restaurant (yet to be announced)
Unit Price Offerings
Pricing at Vegas 888 will range from the mid $700s to over $10 million and reservations will be taken starting in mid January with contracts to follow in April. Reservation deposits start from $50,000, and at contract the balance of 20% of the purchase price will be due with no further deposits necessary prior to closing.
The developer of Vegas 888 is Del American based out of Orlando Florida, one of nation's top developers of luxury multi-family residences who is also currently constructing Vegas Grand. Del American is being financed by Lehman Bros. for their initial loan which covers site prep, marketing, construction of the sales trailer, and salaries. Lehman will then put up hundreds of millions of dollars once presale numbers are hit. Del American has already signed marketing agreements with real estate companies all over the world ( Shanghai, Hong Kong, Columbia, Miami, New York, Hawaii and California) that have gathered buyers together in large groups. The number of buyers waiting to purchase in out-of-state areas right now is estimated to be enough to get Del American to their construction loan, without even taking Vegas buyers into account.
Perini is constructing the building in a joint venture with Tutor-Saliba, an enormous builder from California. Ron Tutor is the owner of Tutor-Saliba and the largest shareholder of Perini, so the joint venture makes perfect sense. Ron Tutor is the Managing Partner on the project, and has recently bought a unit at Park Towers and moved to Vegas so that he can be closer to the action. He has assured the developer that the project will get built on his end, with escalating construction costs already taken into consideration so that purchasers can buy with confidence.
