Haseko North America, the U.S. base for one of Japan’s largest condominium builders, is part of a joint venture that’s beginning work on a 390-unit residential development in Las Vegas.
Irvine-based Haseko North America teamed up with Cleveland-based The NRP Group LLC to secure financing on the $133 million luxury condominium project directly across from the Durango Casino & Resort in Las Vegas.
Haseko North America and The NRP Group broke ground on the 390-unit condominium project earlier this month. The condominiums are being built next to the UnCommons, a mixed-use development with upscale apartments, retail, dining and class A office spaces.
All 390 units would be built within one four-floor building. On-site amenities include a fitness center, bicycle storage, indoor pet wash, community kitchen, coffee station, pool table and sports simulator.
“This project is a strategic milestone for us, combining thoughtful design, walkable urban planning and long-term value creation in one of the most dynamic housing markets in the country. We’re proud to collaborate on what will become a flagship destination for luxury living in Las Vegas,” Haseko North America Chairman and President Kain Matsumoto said in a statement.
Haseko North America is based in Irvine but is a wholly owned subsidiary of Haseko Corp., a residential construction firm that was founded in Japan in 1937. Haseko Corp., which has been listed on the Tokyo Stock Exchange since 1965, has built more than 700,000 condominium units and has $9.1 billion in total assets (Tokyo: 1808).
The company reported fiscal 2025 revenue climbed 7.6% to USD $7.9 billion.
