In fall 2006, developers of The Mercer said their suburban Las Vegas condo project would have a modern flair and be “a hot property.”
But the economy later crashed and The Mercer was lost to foreclosure — just another unfinished zombie project blighting the valley during the recession.
Today, The Mercer is a luxury rental complex that’s open for business, offering a rooftop deck and a resort-style pool. The goal, developer Wayne Laska said, is to “create that ‘wow’ factor.”
Laska, owner of StoryBook Homes, builds single-family houses and is dwarfed by competitors in that line of work. But with The Mercer, his first apartment complex, he opened a project that’s different from other rental properties popping up around town, and it’s pricier than average.