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Turnberry Place

Coordinates: 36°8′15″N 115°9′22″W / 36.13750°N 115.15611°W / 36.13750; -115.15611
From Wikipedia, the free encyclopedia
Not to be confused with the nearby Turnberry Towers property.
Turnberry Place
Turnberry Place in 2010
Map
General information
StatusCompleted
TypeResidential
LocationWinchester, Nevada
Address2747 Paradise Road
Coordinates36°8′15″N 115°9′22″W / 36.13750°N 115.15611°W / 36.13750; -115.15611
Construction startedAugust 1999
Completed2001–06 (various towers)
Opening2001 (2001) (first tower)
Cost$650 million
OwnerTurnberry Associates
ManagementTurnberry Associates
Height477 ft (145 m)
Technical details
Floor count38
Design and construction
DeveloperTurnberry Associates
Other information
Number of units720
Website
www.turnberryplace.com

Turnberry Place is a luxury high-rise condominium complex near the Las Vegas Strip in Winchester, Nevada. It includes four, 38-story towers, each rising 477 ft (145 m). The complex also includes the 80,000 sq ft (7,400 m2) Stirling Club, offering various amenities to residents and other members.

The project was proposed in 1998, by Turnberry Associates. Construction of the first tower began in August 1999. At the time, residential high-rises were largely non-existent in the Las Vegas Valley, and the project was considered a risky endeavor. However, upon completion of the first tower in 2001, Turnberry Place helped to inspire a condominium boom in the Las Vegas Valley. The subsequent towers were completed in 2002, 2004, and 2006.

History

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Turnberry Place is a $650 million complex,[1] consisting of four 38-story condominium towers, each measuring 477 feet (145 m) in height.[2][1] The complex has a total of 720 units,[1][3] averaging 3,000 sq ft (280 m2) each.[4][5]

The property was once occupied in the 1960s by Thunderbird Downs, a horse racing track located behind the Thunderbird resort.[6] Turnberry Associates purchased the vacant property, consisting of 15 acres (6.1 ha), in December 1997.[7] The Turnberry Place project was announced in June 1998,[8][9][10] and construction of the first tower began in August 1999. Unit prices ranged from $400,000 to nearly $6 million.[11] The views from the towers were a top aspect of the project.[12] Most of the units were sold to out-of-state buyers, mainly from Chicago, Miami, New York, and southern California. Most buyers were retirees over the age of 55.[13][14][15]

The project was initially considered a risky endeavor.[16][17] Residential high-rises were largely absent from the Las Vegas Valley at that time.[11] Turnberry Place would be among the first such projects to be built in the area since Regency Towers in 1974.[18][19]

The first tower neared completion at the end of 2000, and construction was already underway on the second tower.[20] The first tower was completed in 2001, followed by the second tower a year later.[2][21] Upon its opening, Turnberry Place and the nearby Park Towers inspired a condominium boom in the Las Vegas Valley.[3][22][23][24][25]

Construction of the third tower began on June 24, 2002,[14] and concluded in 2004.[2]

A $4 million sales office was demolished in October 2004, allowing the fourth tower to be built in its place.[26] Construction of the final tower was underway at the end of the year.[27] It was topped off in January 2006, and all 180 units in the tower had been sold by that point.[3] The final tower was completed later that year.[2]

Notable residents have included Alan King,[28][29] Robert B. Lewis,[30][29] Joe and Betty Weider,[30][29][31] James Caan, Rita Rudner,[32] Lee Majors,[33] Rachel Uchitel,[34][35][36] Rich Little,[37] and Andy Walmsley.[38]

In 2018, a penthouse sold for $5.5 million, marking the highest-priced condo sale of the year.[39]

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In 2004, residents in the original tower filed a $21 million lawsuit against Turnberry Pavilion Partners, alleging construction defects. The lawsuit claimed that rain and wind intruded into the property, and owners in the third tower prepared to file a similar lawsuit.[40]

The El Rancho resort, previously the Thunderbird, had closed in 1992 and was considered an eyesore, especially for the future residents of Turnberry Place. In 2000, Turnberry Associates purchased the El Rancho and demolished it.[41][42] In 2005, the company announced plans to build the Fontainebleau resort on the former El Rancho property.[43][44] Construction of the resort began in 2007, although residents took legal action against Turnberry Associates over the Fontainebleau's parking garage. The structure was built adjacent to Turnberry Place and it obscures the views from some residential units.[45][46][47]

Jeffrey Soffer, the head of Turnberry Associates, said the company did a "respectful job" of building the Fontainebleau's hotel tower away from Turnberry Place residents. He also said the property was zoned for a hotel and casino, and that residents knew such a project would eventually be built on the site: "We're not going to buy a 20-acre property and leave it as a vacant lot. It's a property with proper zoning and nothing was ever promised. It's as simple as that. […] The bottom line is you can't please everyone."[46] A judge ultimately ruled in favor of the Fontainebleau.[48] Residents had also been concerned about the increased traffic that the Fontainebleau would bring to the area.[49]

Stirling Club

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The 80,000 sq ft (7,400 m2) Stirling Club was marketed as the centerpiece of Turnberry Place. The private club included a bar and lounge, a swimming pool and spa, tennis courts, a fitness center, and a cigar and wine room.[50][51][52] It also had dining,[53] including a restaurant by chef Charlie Palmer.[54] The club frequently featured singers,[55] and was a popular hangout for celebrities.[56][57] Construction began in mid-2000.[58][59] It was built on 3.3 acres,[60] located in the center of the Turnberry Place complex.[51] The Stirling Club cost $40 million to build.[14][61] It opened in late 2001.[62]

The club's operations were funded through $400 monthly HOA membership fees paid by Turnberry Place residents.[50] The club suffered financial losses following the Great Recession,[63][57] and it was eventually closed in May 2012,[64][55] resulting in approximately 100 job losses.[50] Turnberry Place residents accounted for 80 percent of the club's revenue. The club had 1,300 members, including non-residents who purchased memberships for $2,500.[50] Turnberry Associates was unable to find an operator to continue running the Stirling Club.[64] A prospective buyer, resident Steve Siegel, was unable to work out a deal with the HOA.[65][51] Shortly after its closing, the club was put up for sale at a price of $18 million.[65][66][67]

A group of Silicon Valley entrepreneurs, incorporated as JDLB LLC, purchased the club for more than $10 million in late 2013, with plans to eventually reopen it.[64][60][68] However, the group lacked a clear vision for how to use the facility.[69] JDLB never reopened the club, as the executives believed that trying to operate it would take away time from their jobs in Silicon Valley. The club was put up for sale in 2015,[70] and again in 2017.[56] A sale was finalized in 2018, to DK Hospitality, which paid nearly $12.4 million. The company planned to make various improvements to the aging facility.[71] A new spa was added, along with a Starbucks and a high-end convenience store. Renovations were done on the pool, lounge, tennis courts, and event spaces.[72] At the end of 2018, a New Year's Eve party was held to attract new members for the Stirling Club, which was scheduled to formally open in 2019.[72][73][74]

See also

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References

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  1. ^ a b c "Turnberry's tale adding stories". Las Vegas Review-Journal. September 28, 2007. Retrieved January 5, 2021.
  2. ^ a b c d "Turnberry Place". Emporis. Archived from the original on March 10, 2018. Retrieved March 9, 2018.{{cite web}}: CS1 maint: unfit URL (link)
  3. ^ a b c Smith, Hubble (January 7, 2006). "High-rise market taking some hits: Icon latest project to fall from skies". Las Vegas Review-Journal. Archived from the original on January 11, 2006. Construction of the fourth and final 38-story tower at Turnberry Place is being topped off next week and all 180 units are sold, Riordan said. That completes a 720-unit project that started in 1998 and sparked a wave of high-rise condo development in Las Vegas.
  4. ^ Smith, Hubble (August 8, 2005). "Turnberry exec says condo demand down". Las Vegas Review-Journal. Archived from the original on August 11, 2005.
  5. ^ Smith, Hubble (February 26, 2007). "Turnberry exec says condo market rebounding". Las Vegas Review-Journal. Archived from the original on March 4, 2007.
  6. ^ "View from the Riviera, September 1965". Vintage Las Vegas. March 19, 2020. Retrieved January 5, 2021.
  7. ^ Berns, Dave (February 16, 1998). "Turnberry Associates buys parcel owned by ITT Corp". Las Vegas Review-Journal. Archived from the original on February 20, 1999.
  8. ^ "Massive luxury LV condo project coming". Las Vegas Sun. June 30, 1998. Retrieved March 9, 2018.
  9. ^ Smith, Hubble (July 1, 1998). "Plans unveiled for upscale condo tower". Las Vegas Review-Journal. Archived from the original on September 14, 2000.
  10. ^ "Strip condos". Associated Press. July 3, 1998. Retrieved January 5, 2021 – via Newspapers.com.
  11. ^ a b Padgett, Sonya (September 22, 1999). "Living the high life". Southwest View. Archived from the original on September 3, 2000.
  12. ^ "Virtual view helps developer sell unbuilt condos in Vegas". Sun-Sentinel. August 16, 1999. Retrieved January 5, 2021 – via Newspapers.com.
  13. ^ Caruso, Monica (April 12, 1999). "High Society". Las Vegas Review-Journal. Archived from the original on September 9, 1999.
  14. ^ a b c Smith, Hubble (June 25, 2002). "Developer credits lifestyle changes for project's success; third tower under way". Las Vegas Review-Journal. Archived from the original on August 4, 2002.
  15. ^ Witcher, T.R. (April 28, 2005). "Sky Rise Scrutiny". Las Vegas Weekly. Retrieved January 5, 2021.
  16. ^ "Aladdin to sell land for condos, hotel". Las Vegas Sun. November 6, 2000. Retrieved January 6, 2021.
  17. ^ "Condos fit for 'Rat Pack' high-end living". Associated Press. June 4, 2002. Retrieved January 5, 2021 – via Newspapers.com.
  18. ^ Macy, Robert (April 8, 1999). "Developers pitching pricey penthouses as Vegas enters the condo market". Las Vegas Sun. Retrieved January 5, 2021.
  19. ^ Smith, Hubble (March 12, 2006). "High-rise builders bide their time, wait their turn; Failures of quick-to-market projects have developers delaying sales". Las Vegas Review-Journal. Archived from the original on September 10, 2006.
  20. ^ "One Up, Three to Go". Las Vegas Review-Journal. October 10, 2000. Archived from the original on June 20, 2001.
  21. ^ Smith, Hubble (May 15, 2001). "Luxury towers eclipse rivals". Las Vegas Review-Journal. Archived from the original on August 12, 2002.
  22. ^ Shubinski, Jennifer (August 27, 2004). "Onward and upward". Las Vegas Sun. Retrieved March 9, 2018.
  23. ^ Shubinski, Jennifer (December 16, 2005). "LV condos toppling before they start". Las Vegas Sun. Retrieved March 9, 2018.
  24. ^ Fontein, Caroline (December 30, 2005). "Condos on the Strip offer the life of luxury". Las Vegas Business Press. Archived from the original on April 27, 2006.
  25. ^ Smith, Hubble (March 29, 2006). "Clooney high-rise condos hit snag: Actor among backers of Las Ramblas, which has halted reservations". Las Vegas Review-Journal. Archived from the original on April 5, 2006.
  26. ^ "Turnberry sales office demolished". Las Vegas Sun. October 12, 2004. Retrieved January 5, 2021.
  27. ^ Smith, Hubble (November 14, 2004). "Housing Market: Looking Up". Las Vegas Review-Journal. Archived from the original on November 16, 2004.
  28. ^ "Alan King buys condo in Vegas". Florida Today. May 21, 2000. Retrieved January 5, 2021 – via Newspapers.com.
  29. ^ a b c Sandler, Linda (June 7, 2000). "High-Rise Luxury Housing Sprouts For High-Rollers; Builders Place Bets". The Wall Street Journal. Retrieved January 5, 2021.
  30. ^ a b "Viva, Las Vegas condos". Sun-Sentinel. October 2, 1999. Retrieved January 5, 2021 – via Newspapers.com.
  31. ^ Schorr, Melissa (February 24, 1999). "Vegas Rising". Las Vegas Sun. Retrieved January 5, 2021.
  32. ^ "Condos". The Daily Herald. June 9, 2002. Retrieved January 5, 2021 – via Newspapers.com.
  33. ^ Smith, Hubble (August 23, 2006). "Company to file liens against Turnberry Place owners". Las Vegas Review-Journal. Archived from the original on December 1, 2008.
  34. ^ David, Mark (December 8, 2009). "Velvet Rope Queen Rachel Uchitel–Otherwise Known as the Alleged Mistress of Tiger Woods–Lists Las Vegas Condo". Variety. Retrieved January 5, 2021.
  35. ^ McCaskey, Katie (December 9, 2009). "Tiger Woods Alleged Mistress Selling Condo". AOL. Retrieved January 5, 2021.
  36. ^ Clarke, Norm (March 3, 2010). "Uchitel takes gig on TV news show". Las Vegas Review-Journal. Retrieved January 5, 2021.
  37. ^ Stone, Susan (July 24, 2015). "Legendary impressionist Rich Little voices love for his Las Vegas home". Las Vegas Review-Journal. Retrieved January 5, 2021.
  38. ^ Stone, Susan (March 6, 2017). "'Millionaire' TV set designer loves living in Las Vegas, but has bad luck in real estate". Las Vegas Review-Journal. Retrieved January 5, 2021.
  39. ^ Wargo, Buck (February 15, 2019). "$5.5M Turnberry Place penthouse No. 1 highest-priced condo in 2018". Las Vegas Review-Journal. Retrieved January 5, 2021.
  40. ^ Smith, Hubble (May 22, 2005). "'Manhattanization' of Las Vegas". Las Vegas Review-Journal. Archived from the original on December 21, 2005.
  41. ^ "EI Rancho sold". Associated Press. May 24, 2000. Retrieved January 5, 2021 – via Newspapers.com.
  42. ^ Simpson, Jeff (October 4, 2000). "El Rancho crumbles like clockwork: Developer says he wanted to remove eyesore from Strip". Las Vegas Review-Journal. Archived from the original on June 17, 2001.
  43. ^ Benston, Liz (May 12, 2005). "Turnberry, Schaeffer plan new resort on the Strip". Las Vegas Sun. Retrieved January 5, 2021.
  44. ^ Stutz, Howard (May 13, 2005). "Back on the Strip: Developer counts on LV touch". Las Vegas Review-Journal. Archived from the original on January 1, 2006.
  45. ^ "Turnberry residents allege turnabout by developer who's ruining their views". Las Vegas Sun. July 23, 2007. Retrieved January 5, 2021.
  46. ^ a b Smith, Hubble (October 18, 2007). "Fontainebleau plans viewed with wrath". Las Vegas Review-Journal. Retrieved January 5, 2021.
  47. ^ Benston, Liz (April 22, 2008). "Garage goes up next door, and condo owners want out". Las Vegas Sun. Retrieved January 5, 2021.
  48. ^ Smith, Hubble (20 October 2007). "Ruling favors casino". Las Vegas Review-Journal. Retrieved January 5, 2021.
  49. ^ Stutz, Howard (September 21, 2006). "Traffic concerns prompt delay in Fontainebleau zoning vote". Las Vegas Review-Journal. Archived from the original on July 5, 2008.
  50. ^ a b c d Smith, Hubble (February 17, 2012). "Stirling Club members unhappy about pending club closure". Las Vegas Review-Journal. Retrieved August 22, 2018.
  51. ^ a b c Katsilometes, John (May 19, 2012). "Stirling Club hosts its last dance, but is it really over?". Las Vegas Sun. Retrieved January 6, 2021.
  52. ^ "Executive Snapshot". Las Vegas Business Press. February 25, 2008. Retrieved January 6, 2021 – via NewsLibrary. There, Gustafson introduces prospective members to the 80,000-square-foot Stirling Club's amenities, which include fine dining, a spa, a fitness center and Pilates studio, a beauty salon, indoor and outdoor swimming pools, a cigar room and a piano bar, among other features.
  53. ^ Stevens, Muriel (August 17, 2001). "Stirling Club promises community involvement". Las Vegas Sun. Retrieved January 6, 2021.
  54. ^ Stevens, Muriel (April 4, 2003). "Charlie Palmer makes a Stirling move". Las Vegas Sun. Retrieved January 6, 2021.
  55. ^ a b Katsilometes, John (February 18, 2012). "Sammy Shore shining, Stirling Club shutting down and Strat entertainment sizzling". Las Vegas Sun. Retrieved January 6, 2021.
  56. ^ a b Moore, Thomas (October 27, 2017). "Long-dormant Stirling Club to be auctioned next month". Las Vegas Sun. Retrieved January 6, 2021.
  57. ^ a b Katsilometes, John (November 19, 2017). "Stirling Club, Turnberry Place's great fortress, again for sale". Las Vegas Review-Journal. Retrieved January 6, 2021.
  58. ^ "Private club set to break ground". View News. May 24, 2000. Archived from the original on July 21, 2002.
  59. ^ Foyt, Elizabeth (June 14, 2000). "Stirring groundbreaking for Stirling Club". Las Vegas Sun. Retrieved January 6, 2021.
  60. ^ a b Katsilometes, John (November 14, 2013). "In a game of crazy 8s, Silicon Valley group claims the Stirling Club". Las Vegas Sun. Retrieved January 6, 2021.
  61. ^ Smith, Hubble (May 24, 2003). "On the high road to success". Las Vegas Review-Journal. Archived from the original on August 18, 2004.
  62. ^ Maddox, Kate (November 30, 2001). "Bellagio weighs in with Light". Las Vegas Sun. Retrieved January 6, 2021.
  63. ^ Smith, Hubble (February 13, 2012). "Stirling Club at Turnberry Place faces May closure". Las Vegas Review-Journal. Retrieved January 6, 2021.
  64. ^ a b c Robison, Jennifer (November 19, 2013). "Tech executives buy shuttered Stirling Club at Turnberry Place". Las Vegas Review-Journal. Retrieved August 22, 2018.
  65. ^ a b Katsilometes, John (July 19, 2012). "The strange saga of the Stirling Club". Las Vegas Sun. Retrieved January 6, 2021.
  66. ^ Galante, Meredith (June 21, 2012). "Estate of the Day: With This $18 Million Las Vegas Mansion, You Can Avoid The Strip Altogether". Business Insider. Retrieved January 6, 2021.
  67. ^ Katsilometes, John (January 24, 2013). "The Stirling Club remains closed, but the dance continues; Santana channels Lennon; Guns N' Roses rocks 3D". Las Vegas Sun. Retrieved January 6, 2021.
  68. ^ Katsilometes, John (October 12, 2013). "Stirling Club has a buyer, but many questions remain unanswered". Las Vegas Sun. Retrieved January 6, 2021.
  69. ^ Katsilometes, John (April 19, 2015). "Sale of Stirling Club in limbo three years after closing". Las Vegas Sun. Archived from the original on April 20, 2015.
  70. ^ Robison, Jennifer (August 5, 2015). "Vegas Stirling Club: High-end, private and back on the market". Las Vegas Review-Journal. Retrieved August 22, 2018.
  71. ^ Katsilometes, John (March 29, 2018). "New owners of the Stirling Club in Las Vegas are ready to party". Las Vegas Review-Journal. Retrieved January 6, 2021.
  72. ^ a b Katsilometes, John (November 24, 2018). "Stirling Club in Las Vegas welcomes nonresidents to the party". Las Vegas Review-Journal. Retrieved January 6, 2021.
  73. ^ Katsilometes, John (January 1, 2019). "Las Vegas' regal Stirling Club parties again on NYE". Las Vegas Review-Journal. Retrieved January 6, 2021.
  74. ^ Katsilometes, John (March 24, 2019). "A cool hang at Stirling Club, and a crash course in driving at Plaza". Las Vegas Review-Journal. Retrieved January 6, 2021.
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