SDRP > Market Watch > New Apartment Complex Coming to the Strip

New Apartment Complex Coming to the Strip

Four years after an office building fire in 2019, a Las Vegas Developer, The Calida Group has plans to build a five-story, 400-unit apartment complex. In front of the site is a retail center of about 60,000 square feet that the developer has also been touching up. A newly built, almost completed parking garage is also included on the site but will be later covered up by the apartment complex. According to Eric Cohen, co-founder of The Calida Group, the apartments will be costly and range around 650 to 1,700 square feet. Construction is scheduled to start in four to six months, on Paradise Road between Flamingo Road and Twain Avenue.

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