Ship comes in at Ch­e­sa­peake

Builder keeps prices down at Ch­e­sa­peake in Auburn Bay

Calgary Herald - Calgary Herald New Condos - - Front Page - KATHY MCCORMICK

Eight years and go­ing strong.

As­pire Condo Liv­ing, es­tab­lished in 2002, is Jay­man MasterBuil­t’s foray into the multi-fam­ily hous­ing mar­ket — and it has proved to be a pop­u­lar choice for new home­buy­ers of all types.

“There is a mar­ket for our type of homes,” says Derek Squirell, vice-pres­i­dent of As­pire Condo Liv­ing by Jay­man and In­no­va­tions by Jay­man.

“One of the things we’re able to of­fer is great value be­cause of the size of our com­pany. We’re able to ne­go­ti­ate re­ally good prices for ma­te­ri­als and labour — then our con­do­minium units are priced to re­flect that.”

The lat­est devel­op­ment for the builder is an ex­am­ple of just that.

Ch­e­sa­peake in Auburn Bay re­cently opened a pre­sen­ta­tion cen­tre in the pop­u­lar south­east Carma De­vel­op­ers com­mu­nity and a mix of po­ten­tial buy­ers has al­ready stepped up, says Squirell.

“We have two dif­fer­ent homes we are fea­tur­ing in the neigh­bour­hood, with street town­homes with un­der-drive dou­ble garages and sizes from 1,602 to 1,639 square feet, and back-to-back town­homes with lofts from 1,312 square feet,” he says.

SEE PRICES, PAGE J2

So while the Ci­tyCen­ter devel­op­ment, like oth­ers in the U.S., got caught in the eco­nomic mael­strom of the last sev­eral years and has re­quired fi­nan­cial in­jec­tions from the par­ent com­pany de­vel­op­ers, it has moved for­ward with con­struc­tion on the biggest ur­ban vil­lage in the Ne­vada desert.

And it has moved for­ward with prices 30 per cent lower than orig­i­nally an­nounced, along with sell­ers’ fi­nanc­ing for qual­i­fied buy­ers.

This month and next — as the lat­est part of a project Den­nis de­scribes as “new ur­ban­ism” in the ur­ban sprawl of Las Ve­gas — Ci­tyCen­ter has un­veiled its up­scale Res­i­dences at Man­darin Ori­en­tal and the twin Veer tow­ers.

The strik­ing Veer is named from the fact the two 37-storey glass tow­ers will shim­mer day and night, each at a five-de­gree an­gle so that it ap­pears they are “danc­ing with each other,” say pub­lic­ity ma­te­ri­als.

The tow­ers are the only en­tirely res­i­den­tial op­tion in the devel­op­ment. Show mod­els in the ac­tual tow­ers open in June, al­though you can visit a ver­sion in the com­pany’s sales of­fice.

Each of the tow­ers has about 335 con­dos — from stu­dios to three-bed­room units and pent­houses — rang­ing from 500 to nearly 3,300 square feet.

The con­dos are mod­ern in a con­tem­po­rary open plan, with wall-to-wall win­dows giv­ing nat­u­ral light and un­lim­ited views across the city.

At the top of each tower is an amenity floor that in­cludes an in- fin­ity edge pool, hot tub and sun deck. There are also recre­ation rooms and a fit­ness cen­tre.

Prices start at $300,000 and go to $3 mil­lion.

The Res­i­dences at Man­darin Ori­en­tal is the gate­way to the Ci­tyCen­ter project and sits atop a 47-storey tower.

The bot­tom half of the tower has a 400-room lux­ury ho­tel, with the floor di­vid­ing the ho­tel from the con­dos hous­ing a 27,000-square-foot spa, the Man­darin Bar and Lounge — and Twist, the first U.S. res­tau­rant by three-star Miche­lin Chef Pierre Gag­naire.

The Man­darin’s fa­cade is a mix of glass and metal with tra­di­tional Chi­nese mo­tifs in the in­te­rior.

Own­ers in the res­i­dences — which range in price from $1 mil­lion to more than $7 mil­lion — have sep­a­rate res­i­den­tial en­trances and valet, and a pri­vate el­e­va­tor for di­rect ac­cess to all of the Man­darin’s ameni­ties.

Other ser­vices in­clude ac­cess to ho­tel ameni­ties like house­keep­ing, pri­vate cater­ing and concierge ser­vices.

The 225 res­i­dences in­clude one-, two-and three-bed­room units rang­ing from 1,100 to 4,000 square feet. A show suite in the stun­ning res­i­den­tial build­ing and the ho­tel and its ser­vices are open for busi­ness.

The res­i­dences fea­ture high ceil­ings and win­dows that show­case the breadth of the Ve­gas sky­line and the moun­tains be­yond, and all the lux­ury fin­ish­ings ex­pected in mil­lion-dol­larplus res­i­dences.

The res­i­dences are also LEED (Lead­er­ship in En­ergy and En­vi­ron­men­tal De­sign) cer­ti­fied by the U.S. Green Build­ing Coun­cil — con­tribut­ing to the sta­tus of the over­all Ci­tyCen­ter project as be­ing the largest pri­vate green devel­op­ment in the world.

To­talling 18 mil­lion square feet, it’s also one of the world’s largest sus­tain­able com­mu­ni­ties.

Ci­tyCen­ter is a joint ven­ture be­tween MGM Mi­rage and In­fin- ity World Devel­op­ment Corp. (a sub­sidiary of Dubai World). At com­ple­tion, it will have 2,400 res­i­dences and more than 6,000 ho­tel rooms.

Also in­cluded in the ur­ban vil­lage, which sits be­tween the Bel­la­gio and Monte Carlo ho­tels, is the al­ready-opened, 57-storey all-suite condo ho­tel Vdara (non­smok­ing and with­out a casino).

An artist’s ren­der­ing of Ch­e­sa­peake on Auburn Bay by As­pire Condo Liv­ing by Jay­man. A pre­sen­ta­tion cen­tre re­cently opened for the project.

The Veer tow­ers in the devel­op­ment each have 335 condo units.

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