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April 7, 2005
Seattle-based Northwest Resource Management Group has announced plans to build a 25-story, 414-unit condo, Cielo Vista, in Las Vegas. Partner Steve Hartley says the project won't compete with multi-million dollar condos near the Strip but offer "affordable, luxurious homes" for people who work in the area. The loft-style condos will range from 1,000 square feet to 2,000 square feet, with prices from $295,000 to more than $500,000. Cielo Vista will have 18 floors of condos above seven stories of parking and first-floor retail. MWT Ofra of Las Vegas is the architect. The contractor will be announced soon, according to a company representative. Wade Renquist of Coldwell Banker Wardley Real Estate is selling the condos. Construction is to begin in late 2005 and be completed in early 2007.