Blog Archive

MGM Positions Itselft for Project City Center North

MGM Mirage, which is currently building the massive $7 billion Project CityCenter on 66 acres on the south Strip, has assembled the acreage to construct a similar and potentially larger development on the Strip's northern end.

The Las Vegas-based casino operator will announce this morning it has finalized two Strip land acquisition deals worth a combined $575 million that will give the company more than 100 contiguous acres for development stretching north from Circus Circus Drive to Sahara Avenue.

Another massive project that according to the article in the Review Journal should start before City Center I is completed.

Stay tuned.

Olivia

Olivia McClellan, ABR, GRI, RRG
Broker/Salesperson, REALTOR®
Liberty Realty
7674 W Lake Mead Blvd, Ste 150
Las Vegas, NV 89128
Direct: 702-372-2671
Fax: 702-543-4845

Sands Corp and Palazzo Condos Over $1000 Sq Ft

The casino company run by billionaire Sheldon Adelson said Tuesday it expects about $1 billion in net proceeds from the sale of luxury condominium units under construction at its Palazzo property on the Las Vegas Strip.

The Palazzo hotel will be a 50-floor luxury tower with approximately 3,025 luxury suites. The hotel lobby will feature a 60-foot glass dome, multiple two story fountains, imported marble, bronze case columns and special custom wall finishes. Guests arriving from the street will enter the domed entry lobby while those approaching from the Venetian Casino Resort will make the transition through a towering octagonal structure, itself topped by a glass and decorative iron dome. The floors throughout will complement the spaces with numerous interlocking patterns of polished veined marbles and colorful inlay strips. The landscape will be made up of palm trees, tailored paintings and exotically shaped topiaries.

This development is located in the heart of the strip amist some of the most valuable property in Las Vegas.

Call me for details.