Ship comes in at Chesapeake
Builder keeps prices down at Chesapeake in Auburn Bay
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.