Schulman Properties secures approval for 21-story condo-hotel in downtown Las Vegas
Summary
Schulman Properties has won planning commission approval to build the 21-storey Eterno Hotel, a 250-foot condo-hotel on a six-acre site at 1003 Iron Horse Court near Charleston Boulevard and Grand Central Parkway in downtown Las Vegas. Perlman Architect is listed as the project architect and groundbreaking is scheduled for January 2026, with completion targeted for Q2 2028.
The tower will house 312 hotel-condominium units (studios to 2,400 sq ft) across floors four to 20, offering both customisable owner units and standard layouts. Amenities include an eight-storey parking structure for 661 vehicles, 13,500 sq ft of convention space, a 4,980 sq ft restaurant, a greenhouse, a pool deck and extensive health and fitness facilities on the second and third floors. The rooftop (21st floor) will feature a 2,275 sq ft bar and restaurant. City filings note the tower height exceeds the FAA’s 200-foot restriction. The planned health club will operate with a limited-membership model to preserve exclusivity.
Key Points
- Las Vegas Planning Commission approved the 21-storey Eterno Hotel by Schulman Properties.
- Location: 1003 Iron Horse Court, downtown Las Vegas; groundbreaking aimed for January 2026.
- 312 condo-hotel units ranging from 503 to 2,400 sq ft, with studios and multi-bedroom layouts.
- Major amenities: 13,500 sq ft convention space, restaurant, greenhouse, pool deck, rooftop bar and extensive fitness facilities.
- Parking: attached eight-storey structure with capacity for 661 vehicles.
- Health club will be limited-membership to ensure an exclusive offering.
- Completion targeted for the second quarter of 2028; tower height exceeds FAA 200-foot guideline per filings.
Author style
Punchy. If you track Las Vegas development or hospitality trends, this signals downtown momentum and a strong tilt towards wellbeing-led, mixed-use resorts. Worth reading the details if you’re in real estate, hotel operations or urban planning — this isn’t just another tower, it’s aimed at a premium, lifestyle-driven market.
Why should I read this?
Quick and dirty: downtown Vegas is getting another high-rise that mixes condos with hotel operations and a heavy wellbeing/amenity play. If you care about investment opportunities, city development trends or how hospitality is leaning into health and exclusivity, this saves you a skim — it’s where demand and design are meeting money.