Las Vegas Grand
in Las Vegas, United StatesCategory: Attraction
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818 E Flamingo Rd, Las Vegas, NV 89119, USA Print route »
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Las Vegas Grand is an apartment complex located east of the Las Vegas Strip in Paradise, Nevada. The project was announced in August 2003, and was originally planned as an apartment and condominium complex. The project was announced by Chris DelGuidice, who planned to develop it through his Florida-based company, Del American. The apartment aspect was removed from the project later that year because of rising construction costs. The condominium project, to be known as Vegas Grand, was to consist of 880 residential units.A class action lawsuit by condominium buyers was filed against Del American in 2005, after they were informed that the prices on their units would be raised in order to cover rising construction costs. The lawsuit was settled a year later. After several delays, construction began in March 2006. Lehman Brothers, which co-financed Vegas Grand, took control of the project in October 2007, after Del American defaulted on its loan. The project was ultimately completed as an apartment complex.
