The NRP Group has broken ground on a $133 million, 390-unit luxury community in Las Vegas. The Cleveland-based multifamily developer is partnering with Haseko North America, the U.S. subsidiary of Japan’s largest condominium construction firm, on the Class A community.
This marks The NRP Group’s third groundbreaking in Las Vegas in 2025, underscoring the firm’s confidence in the fast-growing market, which is seeing robust job growth and sustained in-migration patterns. Construction also started earlier this year on North & Valley, a 105-unit affordable housing community in North Las Vegas, and Miraluna, a 342-unit Class A community near the Southern Highlands master-planned community. By the end of 2025, nearly 1,200 units across four developments will be under construction in the market.
Located in the Spring Valley submarket, the new community is being built across the street from the Durango Casino & Resort and adjacent to The UnCommons, a mixed-use destination with Class A apartments and office space as well as retail and dining.
“This development is a premier example of NRP’s market-rate luxury portfolio,” said Mike Moriarty, vice president of development. “Its proximity to the Durango Casino and The UnCommons, combined with true walkability outside the Strip, makes it a rare and highly desirable location. From the luxury finishes to the thoughtfully curated amenities, this community will serve as our flagship in Las Vegas and set a new standard for upscale living in the region.”
The four-story building will comprise studio, one-, two-, and three-bedroom floor plans with high-end finishes and in-unit washers and dryers. The suite of resort-style amenities will include a swimming pool, a 24-hour fitness center, indoor bicycle storage with a repair station, and an indoor pet wash. The clubhouse will offer residents a community kitchen, a coffee station, a pool table, and a multi-sport simulator. Completion of the community is slated for the third quarter of 2027.
“Our partnership with The NRP Group reflects Haseko’s commitment to aligning with best-in-class developers who share our vision for creating transformative communities,” said Kain Matsumoto, Haseko North America president and chairman. “This project is a strategic milestone for us, combining thoughtful design, walkable urban planning, and long-term value creation in one of the most dynamic housing markets in the country. We’re proud to collaborate on what will become a flagship destination for luxury living in Las Vegas.”