An upscale Las Vegas flat analyzable that was destroyed successful a monolithic occurrence portion nether construction, and past rebuilt from the crushed up, has present been sold.
Las Vegas developer The Calida Group sold Ely astatine Fort Apache, a 206-unit rental property successful the southwest valley, for $57.5 million. It announced the woody past week.
The merchantability closed May 15, according to spot records that bespeak the purchaser was existent property steadfast UCR Group.
Calida co-founder Eric Cohen estimated the analyzable was astir 92 percent occupied astatine the clip of sale, and helium confirmed that Redlands, California-based UCR Group is the caller owner.
He besides said the full task had to beryllium rebuilt aft the occurrence determination successful aboriginal 2021.
Calida has said the apartment complex astatine 5055 S. Fort Apache Road, conscionable southbound of Tropicana Avenue, features a resort-style excavation country with backstage cabanas; an outdoor room with barbecue grills and kegerator; a clubhouse with a crippled country and fittingness center; and concierge services.
UCR, which says connected its website that it owns and manages flat properties successful Southern California, did not respond to requests for comment.
The occurrence astatine the then-under-construction Ely astatine Fort Apache, successful Las Vegas’ Spring Valley area, started astir 11:50 p.m. connected Jan. 18, 2021. It burned good into the pursuing time and was battled by astir 100 firefighters from antithetic departments passim the valley, the Las Vegas Review-Journal previously reported.
The towering, wind-whipped inferno was truthful aggravated that firefighters didn’t get a look wrong the partially built task until the blaze was over, and by that point, everything had each but turned to rubble, a Clark County occurrence skipper antecedently recalled.
The Bureau of Alcohol, Tobacco, Firearms and Explosives said that the occurrence was arson and caused astir $35 cardinal worthy of losses.
Calida, 1 of the biggest flat developers successful Southern Nevada, has said that nary 1 was injured successful the blaze.
The steadfast rebuilt the analyzable and held a ribbon-cutting ceremonial successful August 2022 to observe its debut and grant first-responders.
At the time, the Clark County Fire Department said that a fishy had been identified but that determination was not capable grounds to enactment an apprehension warrant, and that the lawsuit remained unfastened and nether investigation.
Contact Eli Segall astatine esegall@reviewjournal.com oregon 702-383-0342.
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