Cherry Development begins construction of Las Vegas community

Rendering of the DOWNTOWN Fremont East share. Image courtesy of Cherry Development

Cherry development began construction on its second community in downtown Las Vegas which is part of its shareDOWNTOWN brand.

The developer broke ground on the shareDOWNTOWN Fremont East and expects to complete construction by the end of 2022, said Sam Cherry, CEO of Cherry Development. Multi-Accommodation News. Cherry also said MNH that the project team understands Breslin Builders, Helix Electric, sound plumbing and Mechanical Ares.

The four-story DOWNTOWN Fremont East share will have 84, 480-square-foot one-bedroom units, Cherry said MNH. Cherry Development will build the units with quartz countertops, stainless steel appliances, washer/dryers, smart thermostats and rooftop solar panels. Community amenities will include a fitness center, courtyard, business center, observation deck, community kitchen and entertainment area. The developer also tapped local artist SNIPT to design a mural for the exterior of shareDOWNTOWN Fremont East.

The community will be located at 231 N. 11th St. and will include retail space on the ground floor. The central location will also allow residents access to the many restaurants, retail and entertainment options in downtown Las Vegas. Cherry said in prepared remarks that the company plans to increase shareDOWNTOWN’s presence, but also to form partnerships with local businesses.

EXPANDED DOWNTOWN VEGAS PORTFOLIO

When complete, the Fremont East community will be the company’s second property to share DOWNTOWN in Las Vegas. Cherry Development previously opened the first shareDOWNTOWN community in the Las Vegas Arts District in 2020. The three-story community, located at 1300 S. Casino Center Blvd., was fully leased in the first six months, according to Cherry Development. .

The company’s portfolio also includes two luxury mixed-use condo buildings that are not under the shareDOWNTOWN brand. Apart from residential properties, Cherry Development also has several commercial properties in its portfolio including a speakeasy bar, beer garden, grocery store and pizzeria. But, said Cherry MNH that the company plans to build more shareDOWNTOWN buildings in downtown Las Vegas.

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