Three more luxury apartment complexes are coming to Las Vegas.
Miami-based luxury apartment developer, Related Development, says Las Vegas was chosen because of rent growth.
The new complexes are expected to be along the 215 beltway and possibly in the southwest portion of town, according to Related Development. As the company plans to invest upwards of $300 million and create 350 jobs.
Once open, the projects will bring more than 1,000 new rental units to the area with monthly rent starting at $1,400 for a two-bedroom apartment.