Transcontinental Unveils Plans for $59M Sin City Project
The company has announced its newest development, The Abode Red Rock Apartments, which will total 308 units.
Las Vegas—Transcontinental Realty Investors Inc. has revealed plans for The Abode Red Rock, a multifamily development in Las Vegas. The company secured a $59 million construction loan and will break ground this month. The property is slated to come online in July 2018.
Located at 9436-9450 W. Hacienda Ave., the 308-unit Class A community will feature one-, two- and three-bedroom units. Amenities will include indoor common areas, swimming pools, courtyards and an internal parking structure. The mid-rise building’s design will feature multi-color roof tiles, a warm Mediterranean colored façade, towers and columns, real and simulated stone, private courtyards and pedestrian areas with cobblestone sidewalks.
Situated just off the Las Vegas Beltway, the apartment community offers convenient access to a wide range of retailers, including Tropicana Beltway Center, the tenant roster of which includes Office Depot, Walmart and Ross Dress for Less. The property is also located north of Southern Hills Hospital and the Medical Pavilion at Southern Palms.
Rendering courtesy of Transcontinental Realty Investors