A new development is looking to bring the resort lifestyle to Las Vegas residents. KAKTUSlife located at 10650 Dean Martin Drive will open next month.
The $70 million apartment complex plans to bring convenience to young professionals.
“It’s going to change apartment living in Las Vegas,” said Timothy Jason Deters, the CEO of Tru Development Resort Living. “We’re raising the bar; we’re raising the standard.”
According to Deters, the project will be setting a trend.
“This is an urban village or mixed-used development, Deters said. “We’re the first in Clark County and what it’s intended to do is connect commercial, retail, residential all together in a group.”
The idea behind the 210-unit apartment complex with more than 21,000-square-feet of commercial space is for residents to not go far for services.
“I’ve been heavily influenced by the Southern California market,” Deters said. “I have offices in DTLA and the population there — we typically followed LA like 12-24 months behind the certain trends.”
According to Deters, with 36 percent of southern Nevada’s population growth coming from California, that trend of convenience is moving to the Las Vegas valley as well.
“The location gives people right by the McCarran International Airport direct access out of town to L.A.; [the] Raider stadium is just north of us so there’s a lot of things in this area that people are attracted to,” Deters said.
The view of the Strip is not the only perk residents at KAKTUSlife will get. There will also be a retail and commercial space housed in the community.
“This is the first lead certified residential multifamily building in the state of Nevada,” said Deters.
The complex offers one and two bedroom apartments that include amenities such as cabanas, fire pits, and a rooftop lounge.
“What we see is a lot of people in that 24-36 age bracket don’t want a home, they don’t want to maintain a yard. They want the flexibility to be able to move and not be tied down to a mortgage,” Deters said.
Rent in the complex ranges from $1,500 to $1,800 for a one bedroom unit, and $2,100 to $2,400 for a two bedroom unit.
More than 175 people are on the waiting list.