One Queensridge Place — Las Vegas, Nevada

Services Provided:
Contract Management
Change Order Management
Onsite Management

Location: Las Vegas

High-rise condominium
219 high-end custom homes
Average home price is $2.3M

One Queensridge Place is a high-rise condominium development located in the city's western suburban market. This project includes two 18-story buildings containing 219 high-end custom homes. One Queensridge Place is approved for three 18-story and one14-story buildings of 385 homes. Construction began in April 2005.

The project is among the first high-rise residential buildings to come to fruition in the suburban Las Vegas market. Homes are nearly 70 percent sold out with hard contracts and nonrefundable deposits. The average size is approximately 3,600 square feet and an average price of $2.3 million. Prices for homes start at approximately $1.3 million. The first residents are expected to move in late 2006 with the building completion estimated in late 2007. FoxCor is providing contract management, change order management, and onsite management.