Las Vegas Breaks Ground on First Residential-Only High-Rise in 15+ Years

Las Vegas is going vertical again — and this time, it’s in Symphony Park. On April 29, 2025, developers and city officials gathered to celebrate the groundbreaking of Origin at Symphony Park, a transformative mixed-use development that signals a bold step forward for the city’s urban core.

At the heart of this project is Cello Tower, a sleek, 32-story high-rise that marks the first new residential-only tower in Downtown Las Vegas in over 15 years. With luxury homes, modern amenities, and walkable city living, it’s a game-changer for the area — and a strong indicator that demand for elevated urban lifestyle is here to stay.

Symphony Park’s Evolution Into a Modern Urban Village

Located off Grand Central Parkway, Symphony Park has long been viewed as a cornerstone for future growth in Las Vegas. The new Origin development, led by Red Ridge Development, is set to deliver:

• Cello Tower: A luxury residential tower with 240 modern homes and more than 40,000 square feet of private amenities.
• Retail & Lifestyle Hub: Plans include over 100,000 square feet of retail, dining, and creative office space — including a grocery store and national restaurant brands.
• Cultural & Educational Anchors: A performing arts school has already committed to the site, bringing vibrancy and long-term value to the community.
• Future Expansion: A second tower is already in design, alongside plans for a new art museum honoring the late Elaine Wynn.

From Suburbs to Skyline: A New Buyer Appetite Emerges

With over $140 million in homes already under contract, Cello Tower is drawing attention from both Las Vegas locals and out-of-state buyers who want lock-and-leave convenience, skyline views, and proximity to the Strip, Arts District, and Downtown action.

Industry leaders believe this is a sign of Las Vegas maturing into a true urban lifestyle destination — similar to what cities like Austin and Nashville have seen over the past decade.

“There’s a clear shift in what today’s buyers want — luxury, location, and lifestyle without the upkeep of traditional single-family homes,” says top local real estate experts.

A City Building Up, Not Just Out

With land in the Las Vegas Valley becoming increasingly scarce, Mayor Shelley Berkley reinforced that vertical growth will be essential to meet housing demand.

“We’re nearly out of land to build outward. The smart path forward is density, walkability, and sustainable development in the urban core,” Berkley noted at the event.

Why Symphony Park, and Why Now?

What makes this area so compelling for future homeowners? Symphony Park offers unique advantages:

• Direct access to the Strip, Arts District, and major transit lines
• Cultural neighbors like The Smith Center and World Market Center
• A balance of urban energy and neighborhood-scale walkability

Construction on Cello Tower is expected to span roughly 22 to 30 months, with full project completion anticipated in late 2027.

Disclaimer: This blog was created for informational and marketing purposes by The Batchelor Hanna Group – REAL Broker. Details provided about Origin at Symphony Park and Cello Tower are based on publicly available sources as of April 2025 and are subject to change. The Batchelor Hanna Group is not affiliated with Red Ridge Development or the sales team representing Origin or Cello Tower. All interested parties should contact the developers directly for the most current information.