"Really?" Maloof said during a tour of the 47-story luxury high rise that will have 599 suites when completed. "I hadn't even noticed that. I'll have to take a look at that."

That may be the only detail Maloof overlooked at the residential component of the Palms that opens for move-in Feb. 29 and is attached to the popular Palms casino by an enclosed, elevated "SkyTube" that will move residents and guests to and from their rooms on moving walkways.

"We wanted to get a completely different feel here than what we have at the Palms," Maloof said. "We think we've done that because this is a quiet, relaxing environment with tons of landscaping, but the Palms is where all the partying is going on."

The 520-foot tower features 442 600-square-foot studio units, 136 1,200-square-foot one-bedroom suites and 21 penthouse units that range from 2,000 to 7,000 square feet. The tower also is home to a 50,000-square-foot pool and spa complex that includes Las Vegas' first hammam, a co-ed Turkish bath treatment, and a Sunset Tan studio as well as a restaurant by celebrity chef Kerry Simon.

The suites include hardwood and marble flooring, state-of-the-art kitchens, king-size beds and 42-inch plasma television sets. The larger units have multiple balconies overlooking the city, living rooms with fireplaces and bathrooms with jetted tubs as well as showers. The penthouse suites feature dining rooms, outdoor cantilevered whirlpool spas with some floor plans incorporating pool tables.

Kiss guitarist Paul Stanley, singer Jessica Simpson and professional wrestler Hulk Hogan are among the big names that have put money down on Palms Place residences.

The price of the units rises with height. The studio apartments started at $450,000, increasing by about $7,000 per floor to $650,000. The one-bedroom units ranged from $700,000 to $1.2 million while the penthouses - on the top four floors of the tower - are priced to as much as $5 million.

"I think this is the best view in the valley," Maloof said looking west toward Red Rock Canyon from Stanley's still-under-construction penthouse atop what is now the tallest building west of Interstate 15.

Maloof said he expects about 80 percent of the owners at Palms Place will rent their dwellings to Palms guests, effectively increasing the hotel's capacity from the existing 702 rooms. Condo unit owners will get half the rental money under subleasing agreements the Palms will have with those owners.

Palms guests will be able to use the Drift Spa at Palms Place, which will have a separate staff from the existing spa facility at the hotel. Guests also will be able to use Sunset Tan and the Simon Restaurant and Lounge, but not the pool.

Developer George Maloof leads a tour of his new Palms Place condo tower. LEILA NAVIDI / STAFF PHOTOGRAPHER

Maloof calls the Palms Place pool "an anti-Vegas pool" because the abundance of landscaping that will make it more of an escape than a party spot. Nineteen cabanas will be available for rent, and the pool area will have waterfalls and fire pits.

In addition to the hammam, the spa will include couples treatment rooms as well as steam rooms, saunas, indoor hot and cold plunge soaking pools and private garden relaxation lounges.

Sunset Tan will have eight treatment rooms, high-pressure European tanning beds and sunless spray tan rooms.

The 8,400-square-foot Simon Restaurant and Lounge, which overlooks the pool area, will serve steak, seafood and sushi when it opens for breakfast, lunch and dinner in April.

Simon, who has had restaurants in Las Vegas for 11 years, operates the CatHouse at the Luxor and used to have the Simon Kitchen at the Hard Rock. His restaurant will offer a room-service menu for Palms Place guests