Our Chinatown is very young. The first dining and retail center built in the district, Chinatown Plaza, opened only 21 years ago, which means that, despite the rapid way Chinatown has grown since then, it’s still not really a town. There are residences hidden away behind the strip malls, but no apartments in the heart of the action on Spring Mountain Road. Fore Property Company aims to change that, by building a four-story, 295-unit luxury apartment building at the corner of Spring Mountain and Procyon Street.

Fore’s development director Alison Burk thinks the time is right for Chinatown to grow upward. “With its proximity to the Strip, it’s an amenity [Chinatown] was lacking,” she says. “There’s really a need for luxury apartments in that area. A lot of the condos that went to rentals during the downturn have gone back to the sales side.”

Fore’s Chinatown property, the company’s first urban infill project in Las Vegas, is being tailored to young professionals who “don’t want to have to drive everywhere; they want to use Uber to get to the Strip, or to get to work,” Burk says. For $1,000 to $2,400 monthly, they’ll get apartment units with 10-foot ceilings; two “resort-style” pools with cabanas; private garages with direct access to the building’s interior hallways; a rooftop deck with a Strip view; 9,000 square feet of ground-level retail and more. Basically, residents need only walk across the street to the Golden Tiki to enjoy a complete quality-of-life scenario.

It might seem like a risk, but Burk sounds confident. “That whole area is zoned commercial/tourism. The code on a lot of those parcels allows for multifamily use, up to 50 units an acre,” Burk says. “We think it’ll be a hot area.”