San Diego-based general contractor T.B. Penick & Sons has reached a key milestone with the topping off of Las Vegas’ first all-rental apartment high-rise, according to an announcement last week from developer Southern Land Co.
The 22-story Capella, situated in the Symphony Park neighborhood, is set to feature 272 rental units upon completion. The residences will include a mix of one and two-bedroom apartments, as well as penthouse suites. Residents will enjoy sweeping views of the Las Vegas Strip, downtown, and the nearby mountains. Apartments will be outfitted with movable kitchen islands, upscale finishes, and smart home technology for modern convenience.
In addition to its residential offerings, Capella will incorporate around 16,250 square feet of space for retail and dining establishments, the release noted. Details on the overall project cost were not disclosed.
Capella’s development is part of a broader expansion in Symphony Park by Southern Land Co., which also includes Bria, a 275-unit mid-rise multifamily community. Both Capella and Bria are on pace to welcome residents next summer. This latest wave of development follows Southern Land’s earlier venture in the area, the Auric residential project, which debuted in 2021.
“The introduction of Bria and Capella advances our vision of transforming Symphony Park into a leading urban district where luxury living intersects with arts and culture,” said Tim Downey, founder and CEO of Southern Land Co., in the release. “The topping off of Capella marks a significant step toward making that vision a reality.”
Bria and Capella will each offer an array of upscale amenities, including resident lounges, co-working spaces, concierge services, and cutting-edge fitness centers with yoga studios. Outdoor features will include a resort-style pool with private cabanas, a hot tub, and a poolside lounge equipped with an outdoor bar, large-screen TVs, and grilling stations. Pet owners will appreciate the addition of a dedicated dog run.
The Symphony Park district spans 61 acres and is home to several high-profile cultural institutions, such as The Smith Center for the Performing Arts, the Cleveland Clinic Lou Ruvo Center for Brain Health, and the Discovery Children’s Museum. Additional projects in development for the neighborhood include the Las Vegas Art Museum, an AC Marriott Hotel, the mixed-use Origin at Symphony Park project, and the Cello Tower condominium.
Las Vegas Also Investing in Affordable Housing
On the opposite end of the housing spectrum, an initiative is underway to convert Las Vegas golf clubs into affordable housing developments.
According to a report by the local ABC affiliate, both the Royal Links Golf Club and Desert Pines are being transformed into affordable housing. The report details how the Desert Pines Redevelopment Project recently received $25 million in funding for the first phase of infrastructure, courtesy of State Infrastructure Bank. Nonprofit Urban Strategies and developer McCormack Baron Salazar will oversee the project.
“Nevadans deserve ample access to affordable and attainable housing options, and I’m proud to support the largest affordable housing project in Nevada history through the State Infrastructure Bank,” said Governor Joe Lombardo.
The state said the first phase of the Desert Pines redevelopment will cost around $57.3 million and $450 million overall.
When finished, the community will consist of 1,082 affordable multi-family homes and 280 market-rate homes. Other planned features of the community include:
- A 10,000 square-foot community center
- A 10,000 square-foot early education center
- A 30,000 square-foot job training center
- 75,000 square-feet of commercial space
“Nevada is in the midst of a housing crisis, and we are doing everything we can at the State-level to build more affordable places for families to live,” said Nevada State Treasurer Zach Conine.
Whether it’s a luxury apartment or an affordable, multi-family development, housing projects of all shapes and sizes share a common need for accurate data. You need to know what’s already in the ground before putting a shovel in the ground, and you need to be able to keep track of progress as the development moves along.
GPRS supports housing developments through our comprehensive suite of subsurface damage prevention, existing conditions documentation, and construction & facilities project management services. We Intelligently Visualize The Built World® to keep your projects on time, on budget, and safe.
What can we help you visualize?
Frequently Asked Questions
Will I need to mark out the utilities that GPRS locates?
No, GPRS will locate and mark all utilities for you. We have a variety of tools and markers we can use to highlight the locations of utilities, underground storage tanks and whatever else may be hiding.
Can you locate sewer pipes in addition to evaluating their integrity?
Yes! Our SIM- and NASSCO-certified Project Managers use Video Pipe Inspection (VPI) technology equipped with sondes, which are instrument probes that allow them to ascertain the location of underground utilities from an inaccessible location. This allows them to use electromagnetic (EM) locating to map sewer systems at the same time they’re evaluating them for defects.
