development: CityCenter condos could play a key role - 08/07/08 06:34 PM
Just a few days ago MGM Mirage reported that it is about to wrap up financing for its huge CityCenter project on the Strip. The total cost of the development is tagged at $9.2 billion and it still needs about $3 billion to cover the rest of the construction. According to … (6 comments)
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development: CityCenter by MGM Mirage spiffs up with art - 03/11/08 12:26 AM
CityCenter has for some time made nice-sized headlines with the scope of the mammoth project and its upward-revised $8 billion price tag. This cost figure will buy the gaming giant one of the most unique resort experiences in the world of leisure and entertainment. The small city within Las Vegas will … (6 comments)
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development: CityCenter condos selling briskly - 01/18/08 12:44 PM
MGM Mirage's CityCenter is a massive entertainment and residential enterprise located right on the Las Vegas Strip south of Bellagio. Construction is moving forward on schedule and the project is estimated to open its doors in November of 2009.
The development will have a total of 2,650 luxury condominiums in four separate … (8 comments)
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development: Las Vegas approves Union Park high-rise - 01/15/08 11:23 PM
Union Park is a large tract of land, 61 acres in all, southwest of downtown and for years the City of Las Vegas has identified it as one of the priorities for development. Progress has been agonizingly slow, though, for a number of reasons, one of them being the current woes … (2 comments)
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development: Las Vegas developable land hunt - 12/07/07 10:53 PM
Downtown and its surrounding areas have long had a questionable reputation and a leisurely drive through there will quickly spell it out why. The only bright spot has really been the Fremont Street Experience with its well-lit casinos. Only the brave would choose to go that way after dark, much less … (6 comments)
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development: M Resort under construction in Henderson - 11/10/07 01:44 PM
Lately a lot of attention has been directed at the north end of the Strip where Wynn Resorts is building the Encore, Boyd Gaming is putting up the Echelon Place and The Palazzo next to the Venetian is about to open. All that and the condominiums going there and later other … (2 comments)
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development: Las Vegas Strip land gets top dollar - 11/07/07 12:17 PM
Generally speaking Las Vegas land prices are heading south these days due to lack of demand. The residential real estate sector specifically continues wrestling with serious overbuilding issues that can last for another while. But there is one location that seems immune to the normal shifts in the marketplace.
And that would … (0 comments)
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development: MGM Mirage has plans for Atlantic City - 10/16/07 03:58 PM
The progressive Las Vegas casino and hotel developer is at it again. They have the CityCenter project well underway here right on the Strip and now they've turned their sights east. Atlantic City is the second-largest gaming market in the country, so heading that way with their great brand makes a … (6 comments)
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development: Turnberry spawned Las Vegas luxury condo market - 09/29/07 03:19 PM
Roughly ten years ago Turnberry Associates jetted into town and bought some land in the north end of the Strip, on Paradise by the Las Vegas Convention Center. It had already carved itself a stellar reputation as a luxury condominium developer over in the Miami area, so valley observers knew what … (0 comments)
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development: CityCenter development has a new partner - 08/24/07 01:08 PM
The mixed-use project right on the Strip is coming steadily off the ground as we speak. The construction site is full of activity and some of the buildings have already reached up to about 15 stories. It will include several hotels, 2,650 high-rise condominiums, a casino and a huge retail, dining … (0 comments)
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development: Southern Nevada tightens screws on homeowners - 07/31/07 05:49 PM
It's no secret that Southern Nevada is in the tight grip of a worrying drought. Actually has been for several years now. As a result, several water use restrictions have been implemented. Homes built after 2003 are generally banned from having front lawns and turfs in the back have limits. Clark … (8 comments)
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development: U.S. Green Building Council's new program - 05/02/07 12:46 PM
The new initiative is called Leadership in Energy and Environmental Design for Neighborhoods, or LEED-ND. It's actually the first time the Council is working on a program with outside participants, who in this case are the Congress for the New Urbanism and the National Resources Defense. There is something else new. … (6 comments)
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development: National homebuilder under scrutiny. - 04/18/07 01:39 PM
This appears to be part of the subprime turmoil. Federal investigators have recently launched a criminal probe into the mortgage lending methods and other financial transactions of Beazer Homes. Several agencies are involved, among them HUD and IRS. They are emphasizing, though, that an investigation alone doesn't necessarily mean there has … (0 comments)
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