Green Valley Lofts, a five-story, 41-unit project planned at 2905 N. Green Valley Parkway, would be the first mixed-use residential development in Las Vegas to use "green building" construction, developer Oleg Vydra said.Vydra
is developing the $25 million project in partnership with Euro American Glazing
, a European company that specializes in building glass and steel faades.Vydra is operations director for the North American division of EAG.
Entitlements and zone changes for the project have been approved by Clark County Commission
.Construction is scheduled to start in April.Tradewinds Construction
is the general contractor.
Green Valley Lofts will offer one of the most energy-efficient projects in Las Vegas, integrating sustainable design principles and advanced building technologies, Vydra
It's designed to meet criteria established by the U.S. Green Building Council for LEED
(Leadership in Energy and Environmental Design) certification and Energy-Star Rating by the Environmental Protection Agency
"We've done it by the books," Vydra
Homeowners' association fees, which normally run from 40 cents to 50 cents a square foot, will be cut in half because of the energy savings to operate common amenities such as the workout center, spa and pool, Vydra