{"id":1004142792,"date":"2016-05-04T02:10:11","date_gmt":"2016-05-04T10:10:11","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004142792"},"modified":"2022-12-08T23:11:46","modified_gmt":"2022-12-09T07:11:46","slug":"las-vegas-largest-rental-developments-completed-in-2015","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/las-vegas-largest-rental-developments-completed-in-2015\/","title":{"rendered":"Las Vegas\u2019 Largest Rental Developments Completed in 2015"},"content":{"rendered":"

\u00a0<\/em><\/p>\n

Las Vegas<\/strong>\u2014Last year, 11 major rental communities came online in Las Vegas with 50 or more units, bringing more than 2,500 apartments to the market. Compared to other US markets, this growth is not at all outstanding, but considering that it\u2019s more than triple the number that entered the market in 2014\u2014around 760 rental apartments in 50+ unit buildings\u2014it\u2019s safe to say that Las Vegas developers shuffled their cards well in 2015.<\/p>\n

According to data collected by\u00a0Yardi Matrix<\/a>, apartments for rent in Las Vegas<\/a> command $840 on average per month. However, units in post-2010 developments cost an average $1,176 to rent.<\/p>\n

Check out some of the latest and greatest apartment developments completed in Las Vegas in 2015:<\/p>\n

\"The<\/a>

The largest apartment developments completed in Las Vegas in 2015.<\/p><\/div>\n

\u00a0 \u00a0 \u00a01. Lyric, 376 units<\/strong><\/p>\n

PIER Construction & Development, LLC\u2019s 407,462 square-foot property at 304 East Silverado Ranch Blvd. consists predominantly of two- and three-bedroom apartments targeting young families. However, given the size of the development, there was still enough room left for 122 one-bed apartments alongside more than 250 larger units. An electric vehicle charging station and other modern touches make the community appealing to young professionals. (Image courtesy: Lyric Website<\/a>)<\/em><\/p>\n

\u00a0 \u00a0 \u00a02. Volare, 376 units<\/strong><\/p>\n

The focus shifts from families to singles and young couples at DG Development Corporation\u2019s 376-unit resort-style project, which offers just shy of 200 studios and one-bed units, at the expense of larger apartments. Again, the development measures 344,804 square feet, so families still have plenty of 131 two-bedroom units and 30three-bedroom apartments to choose from. The community is pet-friendly, and there\u2019s even an on-site dog park. (Image courtesy: Volare Website<\/a>)<\/em><\/p>\n

\u00a0 \u00a0 \u00a03. Union, 338 units<\/strong><\/p>\n

Overseen by Westcorp Management Group, the 338-unit Union community at 4450 South Hualapai Way is yet another contemporary development catering for the needs of the young, active population of Las Vegas. Located close to public transportation, with quick access to shopping, entertainment and restaurants, Union offers a wide range of amenities, including state-of-the-art media lounge and an electric car charging station. (Image courtesy: Union Website<\/a>)<\/em><\/p>\n

\u00a0 \u00a0 \u00a04. SW, 310 units<\/strong><\/p>\n

The 310-unit SW is another Westcorp-managed property, comprising 2-story buildings with a total of 333,410 square feet. The electric car charging station, which seems to be on the way to becoming a standard in new multifamily developments, is also a featured amenity\u00a0here, alongside other modern touches\u00a0such as a movie theater with stadium seating and a dog park with pet wash station. (Image courtesy: SW Website<\/a>)<\/em><\/p>\n

\u00a0 \u00a0 \u00a05. The Wyatt, 308 units<\/strong><\/p>\n

This luxury apartment community at 7017 South Buffalo Drive (also managed by Westcorp) follows the same trend as the properties presented above, offering in large part two- and three-bedroom units (166 and 32, respectively) along with 110 one-bed apartments, all with expansive living areas, stylish interiors, and sophisticated amenities. As anticipated, the fitness center, resort-style pool, private theater and electric vehicle charging station are part of the offer. (Image courtesy: The Wyatt Website<\/a>)<\/em><\/p>\n

For more of 2015\u2019s largest apartment projects in Las Vegas, check out the complete list on the RENTCaf\u00e9 Blog<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Developers completed\u00a011 major rental communities with 50 or more units in Las Vegas in 2015, boosting the rental inventory by more than 2,500 apartments.<\/p>\n","protected":false},"author":35,"featured_media":1004142803,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21782,1593,21742,15],"tags":[],"class_list":["post-1004142792","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-development","category-las-vegas","category-latest","category-west"],"acf":[],"yoast_head":"\nLas Vegas\u2019 Largest Rental Developments Completed in 2015 - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/las-vegas-largest-rental-developments-completed-in-2015\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Las Vegas\u2019 Largest Rental Developments Completed in 2015\" \/>\n<meta property=\"og:description\" content=\"Developers completed\u00a011 major rental communities with 50 or more units in Las Vegas in 2015, boosting the rental inventory by more than 2,500 apartments.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/las-vegas-largest-rental-developments-completed-in-2015\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2016-05-04T10:10:11+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-09T07:11:46+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/04\/CPE-MHN-largest-developments-2015-Las-Vegas.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1366\" \/>\n\t<meta property=\"og:image:height\" content=\"813\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Balazs Szekely\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/las-vegas-largest-rental-developments-completed-in-2015\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/las-vegas-largest-rental-developments-completed-in-2015\\\/\"},\"author\":{\"name\":\"Balazs Szekely\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/623e95293ca6c6791bedc7473f548d7f\"},\"headline\":\"Las Vegas\u2019 Largest Rental Developments Completed in 2015\",\"datePublished\":\"2016-05-04T10:10:11+00:00\",\"dateModified\":\"2022-12-09T07:11:46+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/las-vegas-largest-rental-developments-completed-in-2015\\\/\"},\"wordCount\":498,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/las-vegas-largest-rental-developments-completed-in-2015\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2016\\\/04\\\/CPE-MHN-largest-developments-2015-Las-Vegas.jpg\",\"articleSection\":[\"Development\",\"Las Vegas\",\"News\",\"West\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/las-vegas-largest-rental-developments-completed-in-2015\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/las-vegas-largest-rental-developments-completed-in-2015\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/las-vegas-largest-rental-developments-completed-in-2015\\\/\",\"name\":\"Las Vegas\u2019 Largest Rental Developments Completed in 2015 - 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