Today, Southern Land Company broke ground on two luxury apartment buildings at Symphony Park in Downtown Las Vegas. Combined, the two new buildings will total more than 730,000 square feet and will bring 545 new units to the market.
One of the buildings is a five-story mid-rise that will have 275 one- and two-bedroom units from 570 to 1,297 square feet. The other building is a 22-story high-rise that will have 270 one- and two-bedroom units, along with penthouses, ranging from 570 to 3,160 square feet. The ninth floor will feature an outdoor fitness terrace and a resident lounge with bar. The building will have more than 16,500 square feet of commercial and retail space on the first floor. Both buildings will have lounge, concierge, dog run, fitness center, pool and hot tub, cabanas, bike storage, and other amenities.
Construction for both projects is estimated to take approximately 27 months with completion planned for mid-year 2025. GDA Architects designed both projects. Burke Construction Group is the general contractor for the mid-rise building while T.B. Penick & Sons is the general contractor for high-rise building.
Symphony Park is a 61-acre master planned mixed-use community home to the Smith Center, Cleveland Clinic Lou Ruvo Center for Brain Health, Discovery Children’s museum, and multiple apartment buildings. Symphony Park is adjacent to the Las Vegas Premium Outlets North, World Market Center, Zappos’ headquarters, federal courthouses and the Las Vegas Medical District. Southern Land Company’s first project at the Symphony Park was Auric, a luxury apartment development project opened in 2021.
At the ground breaking ceremony, Southern Land Company Founder and CEO Tim Downey also announced a $5,000 gift to The Mayor’s Fund for Las Vegas LIFE to support the Going Green for Good Health initiative, which is committed to planting 60,000-plus trees by 2050 in areas of the city most affected by the urban heat island. The gift will purchase 10 park-ready trees.