
June 15, 2004
Gemstone Development
To Break Ground on
Manhattan Condominiums
Lieutenant Governor Hunt to Participate in Festivities
(Las Vegas) - Alex Edelstein, managing partner of Gemstone Development LLC, announced today that the company will hold the Groundbreaking Ceremony for its Manhattan Condominiums project at 5 p.m. on June 23 at the site located on the northeast corner of Las Vegas Boulevard and Serene Avenue. Lieutenant Governor Lorraine Hunt will participate in the festivities and present a proclamation to Gemstone.
Manhattan Condominiums will provide a choice of one-, two- and three-bedroom units, along with spacious penthouse lofts. Ranging in price from $149,000 to more than $400,000, the floor plans range in size from 900 to 1800 square feet. Standard amenities include granite countertops, natural wood cabinetry, and large walk-in closets, as well as a rich selection of affordable upgrades to allow pre-construction buyers the opportunity to customize their residences. The project is scheduled for completion in Spring 2005.
"After a busy 10 months of pre-development, we are more than ready to begin construction," said Philippe Pageau-Goyette, developing partner of Gemstone Development. "The permitting process has been very smooth and we anticipate an unproblematic build out that will get our buyers into their condominiums well before the end of next year."
Community amenities are abundant at the Manhattan Club, which will include a spacious lounge, a large swimming pool, and a screening room where residents can check out DVDs and host private showings. The club will also contain extensive fitness facilities as well as a richly equipped business center, which residents can use for faxing, copying, printing, and Internet access.
"The increasing interest in the Las Vegas Boulevard condominium lifestyle is a testament to the growing excitement and magnetic attraction of the Las Vegas Strip," said Edelstein. "It also reflects the desire of thousands of Las Vegas residents to be part of a more vibrant community and to partake of a richer set of amenities than has traditionally been offered."
Gemstone Development is a leading developer of new condominiums in Las Vegas, Nevada. Founded by Alexander Edelstein and Philippe Pageau-Goyette, Gemstone Development focuses on Affordable Luxury, Rich Amenities, Low Maintenance Costs, and vibrant communities. The sales office is located at 7700 Las Vegas Boulevard, Suite 3, and the company can be reached at (702) 614-5963 or can be accessed at www.gemstonedev.com.
Contact:
Melisa Glasberg
Impress Communications
702.367-7771
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