Park Towers

Name

Park Towers

Legal name

Park Towers at Hughes Center

Website

https://parktowers.com

Company type

Private

Founded year

2001

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Luxury Residential Real Estate

NAICS

Traveler Accommodation (7211)

SIC

Hotels & Motels (7011)

akta.pro primary industry

Luxury Serviced Residences (THAGAEAJ)

akta.pro secondary industry

Ultra-Luxury Villas & Estates (THAMAEAA)

Keywords

• Luxury residential real estate
• High-rise condominiums
• Private residences
• Concierge services
• Luxury amenities

Headquarters

HQ city

Las Vegas

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure

Revenue model

1. Residence Sales: Sale of luxury residences ranging from 2,055 to nearly 9,300 square feet. Residences have changed hands at the highest figures the building has recorded.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Park Towers sells 84 ultra-luxury residences housed in two twenty-story Mediterranean-style limestone towers in Las Vegas, with floor plans ranging from 2,055 to nearly 9,300 square feet, each entered directly from its own private elevator with no shared corridor between units. The residential offering is bundled with 36,000 square feet of amenities—pool, wine cellar and tasting room, private screening room, Roman spa, fitness center, tennis court, Grand Salon, and landscaped gardens—plus 24-hour concierge, valet, and security services delivered by direct building employees.

Product overview

Park Towers at Hughes Center is a luxury residential complex consisting of eighty-four residences across two twenty-story Mediterranean-style towers completed in 2001. The offering combines spacious residences with extensive amenities including a pool, wine cellar, screening room, spa, fitness center, and tennis facilities, along with concierge, valet, and security services. The building sits on mature landscaped grounds within Hughes Center, one mile east of the Las Vegas Strip.

Differentiator

Problem solved

Functional benefit

Products and services

• Park Towers Residences Eighty-four luxury residences across two twenty-story towers in Las Vegas, each entered directly from its own private elevator with no shared corridor between units. Floor plans range from 2,055 to nearly 9,300 square feet and feature floor-to-ceiling windows plus private terraces with views of the Las Vegas Strip, the Sphere, or the Spring Mountains. The residences are offered to ultra-high-net-worth buyers through a private, relationship-driven inquiry process.
• Building Amenities Thirty-six thousand square feet of shared amenities for residents, including a 30-by-58-foot pool set within the gardens, a temperature-controlled wine cellar and tasting room held below grade, a private screening room, a Roman spa with separate men's and women's sauna and steam facilities and private massage rooms, a fitness center, a tennis court, mature landscaped gardens, a Grand Salon for up to 100 guests with a catering kitchen, a billiard and game room, and a library.
• Concierge and Valet Services Twenty-four-hour concierge and uniformed valet services staffed directly by the building, providing continuity of personalized service to residents and their guests through long-tenured personnel.
• Security Services Round-the-clock security staffing, card-access elevators, on-site management and engineering offices, and concierge coordination for resident and visitor logistics.

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Scale indicators5 records

Recent moves3 records

Direct peers

• The Ogden: Luxury high-rise residential tower in downtown Las Vegas with full amenities and concierge services. Comparable to Park Towers as a Las Vegas luxury residential high-rise serving affluent buyers seeking premium urban living.
• Sky Las Vegas: Luxury high-rise condominium tower just off the Las Vegas Strip with full amenities and concierge services. Comparable to Park Towers as a Las Vegas luxury condo address serving a similar ultra-high-net-worth buyer segment.
• The Residences at MGM Grand: Luxury condominium tower within the MGM Grand complex on the Las Vegas Strip, offering full ownership residences with hotel-style services. Directly comparable to Park Towers as a high-end Las Vegas residential product with concierge amenities.
• The Martin at The Venetian: Luxury residential tower adjoining The Venetian on the Las Vegas Strip, offering full-service condominium ownership with hotel-level services. Comparable to Park Towers as a luxury Las Vegas residence product targeting similar buyer profiles.
• Trump International Hotel Las Vegas: Luxury branded tower just off the Las Vegas Strip offering hotel condominiums and residences with full hotel services. Comparable to Park Towers in delivering luxury Strip-area living with concierge and valet amenities.
• Waldorf Astoria Las Vegas Residences: Luxury branded residences within the Waldorf Astoria tower on the Las Vegas Strip, serving ultra-high-net-worth buyers seeking trophy addresses with full hotel services. Closest direct competitor in the Strip-adjacent ultra-luxury segment.
• Veer Towers: Twin tilting luxury condominium towers at CityCenter on the Las Vegas Strip, offering branded full-service residences. Comparable to Park Towers in its twin-tower, luxury-amenity, Las Vegas positioning.
• One Queensridge Place: Ultra-luxury twin-tower residential high-rise in Summerlin/Las Vegas, frequently cited among the most expensive condominium addresses in Nevada. Directly comparable to Park Towers in luxury positioning and high-rise amenity model.
• Turnberry Place: Four luxury residential towers near the Las Vegas Strip with full-service amenities, private elevators, and large floor plans. Comparable to Park Towers as a Las Vegas luxury high-rise residential community targeting affluent buyers.

Broad incumbents

• Reservations at The Four Seasons (Las Vegas): Branded luxury residences integrated within a full-service Four Seasons hotel on the Las Vegas Strip. Comparable to Park Towers as a high-end Las Vegas residential offering, though it operates as part of a broader hospitality portfolio rather than a standalone residential address.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/park-towers

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Park Towers