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Old 01-15-2011, 01:00 PM
Location: Rockport Texas from El Paso
2,601 posts, read 8,519,567 times
Reputation: 1606


I know the Ritz is re-opening with a new name but I am way more interested in viability and prices.

Has interest picked up?

Aren't some of the units condo-hotels?
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Old 01-16-2011, 07:59 PM
Location: Bellevue WA /Lake Las Vegas
529 posts, read 1,390,192 times
Reputation: 142
@ Ocean,

Check out some of my old posts/threads that I started regarding Lake Las Vegas. I own a condo in the Viera Condo-Hotel building, which is located right in the village. From what I can tell, prices are stablizing there. A nice condo with a good location is generally bought within a few days after being on the market. There are a few locations in the building that move a bit slower.

We won't know what the affect of the hotel and the re-opening of the casino will be, but it seems likley prices will go up. The largest hurdle for LLV Development was emerging from bankruptcy. This happened last summer and untangled lots of messes. Another thing trying to get untangled is the water rights issues between the new owners of the falls/reflection bay courses and the city as well as the pump house so that phase 2 can begin constructing homes. The home lots in phase 2 are going to be AMAZING!! West views will have the strip and the east views will have Lake Mead.

I keep in constant contact with the city, the commercial realtor and many key people at LLV. I have alot of information. If you have a specific question, I can give you a 'fact based" answer as well as my own opinion.

There are currently new homes being built in the Belle Fiore neighborhood and the LLV parkway road improvements are to begin in Jan 2011.
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