GMA quoted in the Nevada Independent
Strip’s failed condo market remains quiet, but analysts hint at a comeback
by Howard Stutz
Hiding beneath a torn and disintegrating tarp that mimics the neighboring Venetian and Palazzo resorts, the unfinished St. Regis condominium tower stands at the center of the Las Vegas Strip.
The structure is a symbolic monument to an era more than a decade ago when the gaming industry sought to blend high-rise residential complexes into the international tourist destination.
Except for a handful of projects, the concept failed.
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