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Northwest Resource Management Group (NWRMG) of Seattle, Washington
has announced plans for a new 414-unit condominium named "Cielo Vista"
on a 2.8 acre site at the southeast corner of East Washington Avenue
and Veterans Memorial Drive in downtown Las Vegas.
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"We are thrilled with the unanimous approval by the city council and
we look forward to providing the citizens of Las Vegas affordable
loft-style condominiums with magnificent views of the surrounding
mountains and city lights," said Steve Hartley, Partner of Northwest
Resource Management Group. "We are not looking to compete with the
multi-million dollar condominiums near the Strip. Our goal is to offer
affordable, luxurious homes for those that will make this their primary
residence. Providing more affordable homes on the edge of fast-growing
urban areas is a model that has worked very well for us," Hartley added.
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The first floor of the project will have 32,000 square feet of retail.
Above that will be six floors of parking and 18 floors of residential
units.
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During discussion of the Cielo Vista plans Las Vegas Mayor Oscar
Goodman said, "These may be the smartest guys (developers) down here,"
in reference to Cielo Vista’s anticipated price point of approximately
$315 per square foot which is about $100 less per square foot than the
average price for new condominium projects in the area.
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Highrise 
Downtown 
