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Club Renaissance

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242:. The tower, expected to be 702 feet high, was one of the taller high-rise projects to be approved for downtown Las Vegas. Sales began in October 2005, at which point the starting price for units had increased into the $ 400,000 range because of rises in steel, concrete and labor costs. As of February 2006, the cottages remained on the site, with little progress on the Club Renaissance. Gilles Pageau, a Canadian developer and the uncle of Philippe Pageau-Goyette, said he had invested $ 60 million of his money into the project and that he had been offered an additional $ 400 million from various banks to cover the construction costs. Pageau said at the time that the project would still be built. 246:
victim of construction costs. Financing has dried up to a large extent for Las Vegas. We're redesigning, trying to value engineer, to do something affordable. We're in negotiations with some large construction companies to joint venture at this point, because that's the only way to finance it." Mussina estimated that it could be up to a year before the start of construction, to which Goodman responded, "I'm not interested in a year. I've been to three groundbreakings there so far and haven't seen ground broke." Approximately $ 8 million or $ 9 million had already been spent on the project up to that point.
223:. The target demographic consisted of young professionals who wanted to live in the downtown area. The Club Renaissance was one of several new projects being built in the downtown area, which was seeing a surge in redevelopment. Downtown Las Vegas was chosen for the project because of the area's large employee base, including lawyers. 249:
The city council ultimately granted the project a six-month extension. At the time, part of the property that was to be used for the project was in foreclosure. By March 2007, the project had been purchased out of foreclosure by Los Angeles architect Mark Vaghei and engineer Nabih Yousseff for nearly
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In February 2007, Goodman gave the developers two weeks to demonstrate to the Las Vegas City Council that the project was nearing construction; otherwise, he said the approval for the project would be revoked. Leanord Mussina, a spokesman for the project, had told the city council, "We're just a
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The entire project would cost $ 300 million, and would include 20,000 sq ft (1,900 m) of retail space, located on the first floor. Other amenities on the lower floors were to include restaurants, a food market, child day care, and dry cleaners. An additional 78,000 sq ft
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initially praised the project for its affordability, noting the $ 150,000 starting price of its condo units, although he later threatened to revoke approval of the project in 2007, as construction had yet to begin. The project was ultimately canceled following financial issues.
227:(7,200 m) of office space would be located on the 13th and 14th floors, with condominium units beginning on floor 15. The top two floors were to include a private club and fitness center. The building would include several floors of parking, with a total of 1,400 spaces. 202:
Marketing of the Club Renaissance began in December 2004. The project was officially announced the following month, by developers Diversified Real Estate Group and Downtown Redevelopment Group. Club Renaissance would consist of a 60-story condominium tower with 950 units.
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noted the $ 150,000 starting price for condominiums in the project, saying, "I like the affordability of it." Philippe Pageau-Goyette, the president of Diversified Real Estate Group, planned for Club Renaissance to be the least-expensive high-rise condominium in the
216:, and said 95 percent of the project's inhabitants would be local residents: "I don't want to go after luxury, I want to go after locals. As of right now, we have no competition in the locals affordable market. A lot of guys are doing luxury." 183:. Besides residential units, other features would include office space, retail, and restaurants. The project was announced in January 2005, and construction was originally scheduled to begin later that year. 695: 1016: 230:
Construction was originally scheduled to begin in July 2005, and was expected to last about 18 months, with completion by 2007. The project received approval from the
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The project was planned for a 1.5-acre parcel owned by Diversified, located at the southeast corner of Casino Center Boulevard and Bonneville Street in
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on the property. After their purchase, they began redesigning the project to be smaller, but Club Renaissance ultimately did not materialize.
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Manhattanizing Las Vegas - How to Profit from the Next Phase of Mega Growth
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was a proposed 60-story condominium tower that would have been built in
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located on the property were expected to be relocated to the
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Unbuilt buildings and structures in the United States
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Proposed residential tower in Las Vegas, Nevada, U.S.
600:"City Council sees flip side of 'flipper' argument" 634: 276:"Salvation Army auxiliary dolls it up for charity" 532:"Club Renaissance will get built, developer vows" 998: 575: 552: 449:"Developer plans condominium project for locals" 569: 592: 546: 506:"Cottages may make way for downtown high rise" 696: 576:McGrath Schwartz, David (February 22, 2007). 553:McGrath Schwartz, David (February 11, 2007). 409: 407: 405: 403: 442: 440: 438: 436: 703: 689: 304: 302: 300: 298: 296: 1022:Proposed skyscrapers in the United States 497: 400: 308: 433: 379: 377: 375: 373: 371: 339: 337: 335: 333: 331: 309:Shubinski, Jennifer (January 7, 2005). 293: 999: 660:"High-rise plans go flat in Las Vegas" 383: 269: 267: 1007:Buildings and structures in Las Vegas 684: 657: 624: 555:"Council pressures downtown builders" 529: 503: 469: 446: 413: 384:Curtis, Lynnette (January 26, 2005). 368: 356:from the original on January 25, 2005 343: 274:Foyt, Elizabeth (December 22, 2004). 328: 273: 530:Smith, Hubble (February 13, 2006). 264: 13: 447:Smith, Hubble (January 31, 2005). 14: 1033: 658:Smith, Hubble (August 2, 2009). 625:Smith, Hubble (March 23, 2007). 504:Kulin, Dan (February 15, 2005). 414:Kulin, Dan (February 17, 2005). 344:Illia, Tony (January 14, 2005). 651: 618: 711:Residential properties in the 627:"Renaissance gets renaissance" 523: 463: 1: 257: 146:Diversified Real Estate Group 148:Downtown Redevelopment Group 7: 981:Hilton Grand Vacations Club 10: 1038: 236:historic railroad cottages 234:in February 2005. Several 197: 181:downtown Las Vegas, Nevada 112:$ 300 million (originally) 56:Downtown Las Vegas, Nevada 958: 873: 855: 832: 761: 728: 719: 386:"Condos to start selling" 165: 157: 152: 142: 137: 129: 124: 116: 108: 69: 61: 51: 43: 35: 30: 26: 21: 762:Near the Las Vegas Strip 664:Las Vegas Review-Journal 631:Las Vegas Review-Journal 582:Las Vegas Review-Journal 559:Las Vegas Review-Journal 536:Las Vegas Review-Journal 453:Las Vegas Review-Journal 350:Las Vegas Business Press 120:702 ft (214 m) 93:36.164242°N 115.147946°W 138:Design and construction 232:Las Vegas City Council 98:36.164242; -115.147946 865:One Queensridge Place 542:on February 16, 2006. 459:on December 15, 2005. 396:on November 27, 2005. 881:Charlie Palmer Hotel 470:Murad, Paul (2005). 814:Trump International 639:on February 9, 2019 606:. February 23, 2007 89: /  31:General information 1012:Downtown Las Vegas 834:Downtown Las Vegas 476:. pp. 25–26. 221:downtown Las Vegas 994: 993: 954: 953: 588:on March 1, 2007. 565:on April 4, 2007. 483:978-0-9769531-8-0 173: 172: 153:Other information 125:Technical details 1029: 886:Club Renaissance 824:Turnberry Towers 769:Allure Las Vegas 726: 725: 713:Las Vegas Valley 705: 698: 691: 682: 681: 675: 674: 672: 670: 655: 649: 648: 646: 644: 638: 633:. Archived from 622: 616: 615: 613: 611: 596: 590: 589: 584:. Archived from 573: 567: 566: 561:. Archived from 550: 544: 543: 538:. Archived from 527: 521: 520: 518: 516: 501: 495: 494: 492: 490: 467: 461: 460: 455:. Archived from 444: 431: 430: 428: 426: 411: 398: 397: 392:. 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Index

Downtown Las Vegas, Nevada
Coordinates
36°09′51″N 115°08′53″W / 36.164242°N 115.147946°W / 36.164242; -115.147946
downtown Las Vegas, Nevada
Las Vegas
Oscar Goodman
Las Vegas
Oscar Goodman
Las Vegas Valley
downtown Las Vegas
Las Vegas City Council
historic railroad cottages
Springs Preserve
liens


"Salvation Army auxiliary dolls it up for charity"





"Another condominium complex planned for downtown Vegas"





"Real Estate"
Archived

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