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ScottG
Feb 4, 2007, 2:35 AM
blue glass on the polazzo?

(pic at vtat)

the model showed black glass.

black was more classy, blue? blue with a tan facade? oh ma

Daquan13
Feb 4, 2007, 3:21 AM
Amazing to watch the process of preparing Stardust for implosion. Each day more and more floors are exposed so you can look through the building to the mountains. No glass, just concrete and steel remaining.

http://img406.imageshack.us/img406/8422/stardustreadyimplodeweb3as.jpg

This was shot today and each night more floors are prepared. http://www.luxuryrealtygroup.com/echelon-resort.html Echelon will start soon to take its place!!



I really did like that hotel, though I never stayed in it, it was spaectaculor at night with it red and blues colors that help light up the Strip!

Now it's fading in the dust. Like watching an old friend die!!

VegasMatt
Feb 4, 2007, 3:21 AM
In case you missed these, here's some news about Citycenter...

The first article has some details about an interesting ice sculpture they're planning on displaying on the property.

http://www.lasvegassun.com/sunbin/stories/consumer/2007/jan/21/566630061.html

http://www.lasvegassun.com/sunbin/stories/consumer/2007/jan/22/566633186.html

-----

Here's one on Palazzo...

http://www.lasvegassun.com/sunbin/stories/consumer/2007/jan/18/566620162.html

-----

One more - I'm not sure this is exactly appropriate for a high-rise forum, however Vegas enthusiasts should find it interesting...

http://www.lasvegassun.com/sunbin/stories/consumer/2007/jan/18/566620162.html

Enjoy

ScottG
Feb 4, 2007, 5:35 PM
"Everything about CityCenter is outsized. Even the "construction trailer," the building we're standing in, is part of a two-building, $40 million complex that is something of a rarity. Not only was it meant to bring together this team of some of the best architects, bean counters, contractors and artists in the world, but after construction, it will be demolished to make way for future expansion of CityCenter. "

ScottG
Feb 5, 2007, 7:16 AM
the thrid phase at world market center shall be HUGE. there are FIVE cranes up already.....

mdiederi
Feb 5, 2007, 6:20 PM
Not really news, but downtown developers for Urban Lofts, Club Renaissance, Evolution Lofts and Sandhurst have all filed for extensions of time to develop their sites (http://www5.lasvegasnevada.gov/sirepub/pubmtgframe.aspx?meetid=123&doctype=Agenda) (items 82-88). Basically, they say that construction is too expensive right now, but it probably also makes it easier to sell the lots if the plans and approvals are still active.

NYC2ATX
Feb 5, 2007, 8:14 PM
VegasMatt, the third article on the Palazzo, is actually just a copy of the fourth article. Just so you know.

VegasMatt
Feb 5, 2007, 11:39 PM
VegasMatt, the third article on the Palazzo, is actually just a copy of the fourth article. Just so you know.

Thanks,

Here is the article I intended to point you towards,

http://www.lasvegassun.com/sunbin/stories/consumer/2007/jan/18/566620162.html

justdefended
Feb 5, 2007, 11:44 PM
Las Vegas Rates Rolling High Despite New Supply

Interesting article about higher room rates in Vegas and non-gaming hotels (including condo hotels) becoming more popular with corperate meetings.

http://www.btnmag.com/businesstravelnews/headlines/frontpage_display.jsp?vnu_content_id=1003541265

Here's a snippet:

"Another smaller property is the 255-room, $85-million Platinum Hotel that opened in 2006, about one-half mile east of the Strip. Both of these nongaming hotels, like a lot of other ones here, are very popular for smaller corporate meetings."

"These and other smaller hotels, such as condo hotels—a mixed-use property of private residences and hotel rooms that has proven to be a very successful idea in Las Vegas—have come online over the last five years and are ideal for corporate meetings," Murphy said. "Hilton Garden Inn hotels, low-rise and nongaming, and with very limited meeting space, do very well with individual business travelers."

"Trump Tower, a 64-story hotel and condo, is to be completed in late 2006. It will have corporate suites and is expected to be a favorite with corporate groups, such as boards of directors, that want to trade on the Trump name," Murphy said.

future29
Feb 5, 2007, 11:54 PM
Thanks,

Here is the article I intended to point you towards,

http://www.lasvegassun.com/sunbin/stories/consumer/2007/jan/18/566620162.html

i am seeing the same freemont east article as before.:(

VegasMatt
Feb 6, 2007, 1:10 AM
i am seeing the same freemont east article as before.:(

Finally,

Here's the Palazzo article:

http://www.reviewjournal.com/lvrj_home/2007/Feb-03-Sat-2007/business/12367217.html

There is an interresting bit in this about their condos too...

Steven C.
Feb 6, 2007, 3:34 AM
Found this on Wikipedia:

Haven't been able to locate the actual report they are quoting. But obviously, after Echelon and Fontainebleau open, Circus Circus will not be able to compete with its new neighbors. Plus, there's a huge area attached to Circus Circus that is currently just an RV park that could be developed into something significant. But don't expect anything to happen until PCC is finished or near complete.

i have to wonder if the markets will be the same. If they do not compete with one another, and there is still a need for a low rate hotel, the CC may have some more life left in it.

If mgm mirage hasnt mentioned it yet, i doubt it will happen. and all that would be needed to make the site a little more bankable may be to tear down the circus circus "manor" in the back, build some nice new towers, and replace the KOA rv park with something else... but who knows how long KOA has a lease back there.

mdiederi
Feb 6, 2007, 3:45 AM
blue glass on the polazzo?

(pic at vtat)

the model showed black glass.

black was more classy, blue? blue with a tan facade? oh ma
Got a close look at it today and don't think the glass is blue, more a cool gray which does seem to intensify the reflection of the blue sky somehow if you get at just the right angle.

http://img.photobucket.com/albums/v120/mdiederi/buildings/Palazzo/Pw.jpg

Steven C.
Feb 6, 2007, 3:53 AM
the luxor light was off tonight! i drove past at 9 pm and it was oddly dark. weirdly black in that area- that light really makes a difference. but it was off!

and i SWEAR i was something on top of the pyramid....it looked like a person was standing on the very tip of the thing....i know the over rated chris angel is doin his show there...maybe some--over rated- stunt is going on there...

i walked thru the aladin tonight too. and i must say i really like what they did. are doing to the place. the casino is one of best on the strip. i like the faux wood they have on the walls (even tho you can tell its laminate) and the black tile all over is real classy. it reflects like well. i like the silver, brown, and black theme they have goin. sexy

the mall on the other hand has yet to be touched. and that will be alot of work, they have changed some signage reading miracle mile, but that its. they are actually workin fast on the hotel. construction is constant. day and night.

oh and they are asvertisements on the new planet hollywood towers....so is coming. coming soon.

but the mall on the north side of the property is brand new. i cant recall the name, but it is something like the miracle mile... millenium mall? cant remember. The inside is very angular, and very orange and white, which seems to be all the rage lately.

And the ads for the planet hollywood towers have been around since last year. Westgate is doing timeshare tours at the showcase mall for the properties.

PeteK
Feb 6, 2007, 6:06 AM
Thanks for the article justdefended. I see the reason for a niche in the LV condotel market for the business traveler. When I'm out of town on business, it's preferable to stay in a studio or 1 bedroom condo as opposed to the regular hotel room. So much is written about the average guest in LV only "needing a place to sleep" as opposed to the business traveler who would rather have a place to work, eat and rest without being crowded. I just wonder percentage wise how many people will pay extra for the studio or one bedroom condo?:koko:

mdiederi
Feb 6, 2007, 10:59 PM
The corner of the Monte Carlo that was demolished will be a Diablo's Cantina restaurant.

http://img.photobucket.com/albums/v120/mdiederi/buildings/MC.jpg

justdefended
Feb 6, 2007, 11:23 PM
That glass looks very cool on the Palazzo! Maybe it's comprised of a blue-gray formula that reacts to sunlight.

Got a close look at it today and don't think the glass is blue, more a cool gray which does seem to intensify the reflection of the blue sky somehow if you get at just the right angle.

http://img.photobucket.com/albums/v120/mdiederi/buildings/Palazzo/Pw.jpg

justdefended
Feb 6, 2007, 11:45 PM
According to that article the average Vegas hotel room rate in 2005 was $103.42 and is expected to jump to $120 in 2006.

I think over the years as Vegas has evolved into a premier travel destination with 5 star restaurants, hotels, and entertainment, the town is aware that is has to offer the most discerning product to lure visitors.

As the properties become more sophisticated I'm sure the trend to stay at non-gaming hotels will only improve. There needs to be offerings that cater to business travelers who want to work first and play later in addition to those who want to party 24/7.

I know if I was there for a convention I would much rather come back to The Signature after a day of massive crowds. Peace and quiet will the key attraction to the non-gaming condo hotels and I'm betting there will be a lot of people willing to pay for it.

Thanks for the article justdefended. I see the reason for a niche in the LV condotel market for the business traveler. When I'm out of town on business, it's preferable to stay in a studio or 1 bedroom condo as opposed to the regular hotel room. So much is written about the average guest in LV only "needing a place to sleep" as opposed to the business traveler who would rather have a place to work, eat and rest without being crowded. I just wonder percentage wise how many people will pay extra for the studio or one bedroom condo?:koko:

ScottG
Feb 7, 2007, 3:16 AM
i was JUST about to post with the hypothesis that the 'blue'glass was just a reflection of the sky. i like the greyness....

peltecs
Feb 7, 2007, 8:50 AM
Sad news! Already, two CityCenter construction workers have died after a prefab
wall fell on top of them. Two were injured :(

http://www.chron.com/disp/story.mpl/ap/nation/4532489.html

DMaldon762
Feb 7, 2007, 11:25 PM
Control board recommends approval of land swap
The Nevada Gaming Control Board today recommended approval of a swap of two gaming properties on the Strip.

Boyd Gaming wants to trade Barbary Coast for the old Westward Ho property, owned by Harrah's. The trade would give contiguous properties for big casino projects planned by each company.

Barbary Coast would be reopened as Bill's Gamblin Hall and Saloon, after Bill Harrah.

The proposal now faces the Nevada Gaming Commission, which has the final say.

DMaldon762
Feb 7, 2007, 11:30 PM
More details on the City Center deaths

http://www.reviewjournal.com/lvrj_home/2007/Feb-07-Wed-2007/news/12444128.html

ScottG
Feb 8, 2007, 7:15 AM
venetian makin bank!

Achieves Record Consolidated Adjusted Property EBITDAR of $831.5 Million for the Full Year 2006 and $244.3 Million for the Fourth Quarter of 2006
The Venetian Achieves Record Quarterly Adjusted Property EBITDAR of $134.1 Million, the Highest Earned by Any Property in the History of Las Vegas

future29
Feb 8, 2007, 8:51 AM
Vegas sportsbooks win big in Super Bowl XLI betting
Less money bet on the Super Bowl, but more profit for Vegas sportsbooks.

http://www.covers.com/articles/articles.aspx?theArt=129854

Speculation was this could be the state’s first $100 million Super Bowl, but it didn’t happen. There are several theories why.

For the first time, there was no Stardust. That legendary casino closed in 2006 and there also weren’t many new rooms open, unlike the previous few years.

“For the first time in a long time there were no major hotels opened,” said longtime Las Vegas professional sports bettor Dave Malinsky.

ScottG
Feb 10, 2007, 3:49 AM
the lou ruvo alztiemers research center had a ground breaking ceremony today.....

drew11
Feb 10, 2007, 7:33 AM
update

proposed

Las Vegas Tower
http://www.emporis.com/files/transfer/6/2006/12/505684.jpg

ScottG
Feb 10, 2007, 8:32 PM
^^^ that was random

VegasMatt
Feb 10, 2007, 9:41 PM
The Verge?


I've seen some advertisements for this development popping up.

Here's the info I know about it...


Verge, is slated to be built on a 2.7-acre parcel on the northeast corner of Main Street and Bonanza Road. It is being advertised as a proposed commercial and residential

Verge formally known as Aquitania Loftsis scheduled for 296 units in eight stories with two levels of underground parking. The first floor would have 35,000 square feet of retail space.

Lofts range from 825 square feet for one-bedroom units to 1,600 square feet for three bedrooms, selling from the low $200,000s. Dennis Rusk is the architect.

--------------

Does anyone have more info or pictures?

Thanks!

AhChu
Feb 11, 2007, 7:36 AM
On a side note. Anyone know what's the prices for L5? I know that the amenties for them are lower than loft 5, but how does one justify the difference in cost?

hotdog
Feb 11, 2007, 6:55 PM
Since L5 is on the noisy freeway, it will be cheaper.

MrVegas
Feb 12, 2007, 5:15 AM
Here is an interesting article and rendering of the downtown Union Park Project:

http://www.lvnewspapers.com/realestate/REFeb-11-Sun-2007/12409854.html

manabouttown
Feb 12, 2007, 5:50 AM
Now that Las Vegas appears to have its own version of the 'big dig', the obvious question is what happens next? It is pretty obvious tha there is a major problem keeping the project from going forward. One can easily see that other mega-projects that were started concurrently or after this one are in various stages of completion. I drove by the Pallazo and was amazed that much of the building has glass and exterior covering. It is built out to the sidewalk and is moving unbelievably fast. The Encore is growing every day. The City Centre is a project on steroids. Even the golden popsycle on Industrial Rd. is nearing completion. (I know its near the mall). Then there is the 'big dig'. It is a beautiful hole in the ground, if you like holes. What else is there to say about it. On any given day there are thousands working on the neighboring projects, even Planet Hollywood is showing major changes. The most workers that I have ever counted at the the 'big dig' are a handful driving in their little construction vehicles. If you look at the pictures or better yet, watch the project first-hand as I have, nothing substantial has been done for months. They have sent out placating gestures, ie. delaying the third deposit and lately a lame explanation of how long the hole took to dig.

If you remember, this project broke ground a year and 10 months ago, long before most others. The projected finish date was early 2008. They are slightly behind schedule. Maybe a couple of years.

What do I think is going on? I dont know for sure, but I have some analysis.

The developers bought the land for a couple of million per acre in 2004. The latest sales on the strip are around $20 million per acre (Tropicanna and Imperial Palace). You could throw in Barbary Coast just for fun at $30 mill.+, but that was a special case. The property in question has 1100 feet of frontage on Harmon Ave. plus the strip frontage and a 'corner lot' that is worth more in commercial real estate valuations. The property would go well to complete the monopoly-like sequence on that side of the street. If you dont think that is important, Harrahs was rumored to be willing to trade the whole Rio for the Barbary Coast, to consolidate their properties. And as the kicker, the hole is already dug. It all adds up to a one of a kind premium property, for the big boys to snap up. They arent making any more property like this.

So with a potential profit of $100 million and no struggling to bring the project in on budget. ? What would you do?

It would be a shame if the project is scraped. It had all the criteria to be the top project in the city, from a condo-owners perspective. Premium size, price, balcony, ammenities within the project, hotel management company,and the most importantantly,a STRIP LOCATION.

50-50 chance the project will not be built in its current form.

MrVegas
Feb 12, 2007, 6:15 AM
Not really news, but downtown developers for Urban Lofts, Club Renaissance, Evolution Lofts and Sandhurst have all filed for extensions of time to develop their sites (http://www5.lasvegasnevada.gov/sirepub/pubmtgframe.aspx?meetid=123&doctype=Agenda) (items 82-88). Basically, they say that construction is too expensive right now, but it probably also makes it easier to sell the lots if the plans and approvals are still active.

Last week, the Las Vegas City Council gave a pair of developers two weeks to show they've made progress toward starting construction on their approved plans. Otherwise, Las Vegas mayor Oscar Goodman said he wants to take approvals for the projects away.

When Leanord Mussina, spokesman for Club Renaissance, asked the council for a one-year extension on their site plans, the mayor said "I'm not interested in a year. I've been to three groundbreakings there so far and haven't seen ground broke".

Sandhurst Development, planning a 35-story, 413-unit condominium tower at Iron Horse Court near Grand Central Parkway, got the same two weeks, but only after a tongue-lashing by Goodman. "The last word I got was saying it was dead. I want to give you a good burial," Goodman told Joseph Manzella, of Sandhurst Development and Jeff Theobald of Taurus, which owns the property.

Here is a link to the complete article:

http://www.reviewjournal.com/lvrj_home/2007/Feb-11-Sun-2007/news/12515962.html

mdiederi
Feb 12, 2007, 6:31 AM
It all adds up to a one of a kind premium property, for the big boys to snap up.
You might be right: "I just wish we owned it." - Terry Lanni (when asked about the Cosmopolitan at the MGM shareholder meeting, May, 2006).

future29
Feb 12, 2007, 10:27 AM
i highly doubt cosmo is going to get cancelled. digging holes for parking takes a long time. i remeber it seemed like years that the Palazzo had just a big hole in it. the hardest part of the whole thing is making that hole. it will get done soon enough.

Daquan13
Feb 12, 2007, 11:48 AM
Now that Las Vegas appears to have its own version of the 'big dig', the obvious question is what happens next? It is pretty obvious tha there is a major problem keeping the project from going forward. One can easily see that other mega-projects that were started concurrently or after this one are in various stages of completion. I drove by the Pallazo and was amazed that much of the building has glass and exterior covering. It is built out to the sidewalk and is moving unbelievably fast. The Encore is growing every day. The City Centre is a project on steroids. Even the golden popsycle on Industrial Rd. is nearing completion. (I know its near the mall). Then there is the 'big dig'. It is a beautiful hole in the ground, if you like holes. What else is there to say about it. On any given day there are thousands working on the neighboring projects, even Planet Hollywood is showing major changes. The most workers that I have ever counted at the the 'big dig' are a handful driving in their little construction vehicles. If you look at the pictures or better yet, watch the project first-hand as I have, nothing substantial has been done for months. They have sent out placating gestures, ie. delaying the third deposit and lately a lame explanation of how long the hole took to dig.

If you remember, this project broke ground a year and 10 months ago, long before most others. The projected finish date was early 2008. They are slightly behind schedule. Maybe a couple of years.

What do I think is going on? I dont know for sure, but I have some analysis.

The developers bought the land for a couple of million per acre in 2004. The latest sales on the strip are around $20 million per acre (Tropicanna and Imperial Palace). You could throw in Barbary Coast just for fun at $30 mill.+, but that was a special case. The property in question has 1100 feet of frontage on Harmon Ave. plus the strip frontage and a 'corner lot' that is worth more in commercial real estate valuations. The property would go well to complete the monopoly-like sequence on that side of the street. If you dont think that is important, Harrahs was rumored to be willing to trade the whole Rio for the Barbary Coast, to consolidate their properties. And as the kicker, the hole is already dug. It all adds up to a one of a kind premium property, for the big boys to snap up. They arent making any more property like this.

So with a potential profit of $100 million and no struggling to bring the project in on budget. ? What would you do?

It would be a shame if the project is scraped. It had all the criteria to be the top project in the city, from a condo-owners perspective. Premium size, price, balcony, ammenities within the project, hotel management company,and the most importantantly,a STRIP LOCATION.

50-50 chance the project will not be built in its current form.



I truly hope that theirs turns out to be much better than the one in Boston, which ultimately became a nightmare traffic-wise and a $15b hunk of junk!!

cosmo2k8
Feb 13, 2007, 1:35 AM
Hi everyone,

Just spoke with Annette at the Cosmo Sales Office and she assured me that what manabouttown is implying is simply untrue. I have directed her to this thread so that she may give updates on the Cosmo as they happen.

Then there is the 'big dig'. It is a beautiful hole in the ground, if you like holes. What else is there to say about it. On any given day there are thousands working on the neighboring projects, even Planet Hollywood is showing major changes. The most workers that I have ever counted at the the 'big dig' are a handful driving in their little construction vehicles. If you look at the pictures or better yet, watch the project first-hand as I have, nothing substantial has been done for months. They have sent out placating gestures, ie. delaying the third deposit and lately a lame explanation of how long the hole took to dig.

Yes it is true the 'hole' is 98% complete and they are now hauling in the materials needed to construct the elevator shaft and lay the foundation. I've been informed that the Cosmopolitan will indeed be going vertical sometime in Q2 2007.

If you remember, this project broke ground a year and 10 months ago, long before most others. The projected finish date was early 2008. They are slightly behind schedule. Maybe a couple of years.

You are incorrect. The Cosmo broke ground on October 25th, 2005 so about a year and 3 months ago according to VTAT:

http://www.vegastodayandtomorrow.com/cosmopolitan.htm

The project is scheduled to open early 2009 (which is still earlier than CC) as indicated on Hyatt's website:

http://grandlasvegas.hyatt.com/hyatt/hotels/index.jsp

What do I think is going on? I dont know for sure, but I have some analysis.

The developers bought the land for a couple of million per acre in 2004. The latest sales on the strip are around $20 million per acre (Tropicanna and Imperial Palace). You could throw in Barbary Coast just for fun at $30 mill.+, but that was a special case. The property in question has 1100 feet of frontage on Harmon Ave. plus the strip frontage and a 'corner lot' that is worth more in commercial real estate valuations. The property would go well to complete the monopoly-like sequence on that side of the street. If you dont think that is important, Harrahs was rumored to be willing to trade the whole Rio for the Barbary Coast, to consolidate their properties. And as the kicker, the hole is already dug. It all adds up to a one of a kind premium property, for the big boys to snap up. They arent making any more property like this.

So with a potential profit of $100 million and no struggling to bring the project in on budget. ? What would you do?

You are spot on with your analysis and thank you for sharing. I'm sure Bruce Eichner and his partners at 3700 Associates are looking at a similar figure but they were wise enough to lock in the labor as well as the materials for construction years ago. These guys aren't rookies at this game as his previous project Continuum I & Continuum II currently in construction in South Beach, FL with a finish date of 10/2007 have been solid all the way through with no delays. Even if Cosmo were to sell out MGM would still have to deal with the biggest NIMBY of them all... Jockey Club timeshares.

It would be a shame if the project is scraped. It had all the criteria to be the top project in the city, from a condo-owners perspective. Premium size, price, balcony, ammenities within the project, hotel management company,and the most importantantly,a STRIP LOCATION.

50-50 chance the project will not be built in its current form.

Aye, it would definitely be a shame if the Cosmo didn't go all the way... 600 sq ft. studio (700 if you count the balcony). Grand Hyatt name brand and Hyatt as the hotel manager (there are only 29 GH's in the world Cosmo would be the 30th), fantastic amenities, plus 3700 Las Vegas Blvd as the property address...

Cosmo is definitely a winner with the Beach Tower (tower 8) basically the rival to CityCenter's yet to be released lifestyle hotel The Harmon but with a better view IMO...$100 million as short term profit is wonderful but a potential for hundreds of millions more once the project is completed in the long term may be what Bruce & Co. is aiming for. I don't think they will pull off a Related Group type stunt at the present time...

Found the complete transcript regarding the Cosmo/CC regarding MGM's shareholder meeting last May:

One local shareholder asked about the effect of the independent development of the $1.8 billion Cosmopolitan on 10 acres between Bellagio and Project CityCenter.

"I expect a symbiotic relationship that works rather well," Lanni said. "It's not like we're operating gas stations where you fill up once. We're going to attract lots of the business that goes to the Cosmopolitan. We'll benefit. I welcome it. I just wish we owned it."

http://www.hotel-online.com/News/PR2006_1st/May06_MGMBorgata.html

99% chance that this project will continue as planned.

Thanks for reading everyone. Cheers! :tup:

Vtown420
Feb 13, 2007, 3:12 AM
Yeah, I wouldn’t worry about Cosmo. Palazzo took a year and a half to do their parking garage. I haven’t looked down that hole in a while but I imagine the steel must be rising soon.

I was watching a time lapse from the Stratosphere on the news and Fontainebleau is definitely in full construction mode. Lots of trucks moving around, looks like they might be digging a pit of their own.

mdiederi
Feb 13, 2007, 4:51 AM
Stop by the Cosmo site about twice a month and they've had the base of the tower cranes in place since at least December, but they're not quite ready to assemble the cranes yet. They've been doing a lot of foundation concrete pouring and last week looked like most of the bottom of the hole is covered now and you can see where each of the pillars will start rising upward. Does anybody know if the high-rise towers will be concrete or steel frame? Steel will go up a lot faster, as we're seeing with Palazzo.

Yeah, the Font is doing a lot of digging, looks like two big holes. Will they have underground parking? So far they aren't that deep. Think they can't go too deep because the water table is a lot closer to the surface on the north end of the strip (there's a raging river running under the Hilton). Probably just mostly extensive grading and excavating and will start the actual foundation soon.

Planet Hollywood is still drilling pylons for their new towers.

justdefended
Feb 13, 2007, 7:23 PM
I think the Cosmopolitan is the most luxurious hole in Vegas to date.

Kidding aside, construction next door at CityCenter is so rapid that Cosmo construction looks nonexistent.

I hope it turns out. It was one of the more secure bets during the 2005 hotel condo boom and the project is great to look at. It also has the same views that the $1.5 million Mandarin and Harmon units will have at CityCenter.

On a side note, the CityCenter rep said that foundation has been poured for four properties, the main casino hotel resort (already building), Mandarin, Veer, and Vdara.

ScottG
Feb 14, 2007, 10:28 PM
so i hate to breake the bad news about fountainbleau but......


ITS UNDER CONSTRUCTION!

....driving down riviera drive, a tthe back (where the property butts up against the turnberry place towers) they are digging a huge as hole! and looks like they have been for a while since its quite large and deep. so im thinking once that is done, then youll see some cranes up..... looks like thats the new thing in vegas, it may not be cheap, but having underground parking is favorable.....

tumbleweed
Feb 14, 2007, 11:21 PM
I am not sure that undergound parking is favorable as a guest experience but is just the result of higher density and the price of land along the strip.. fontainbleau will be nice, Steelman is doing a good job there. anyone know when they are trying to open?

mdiederi
Feb 15, 2007, 12:16 AM
Shot these last week. Hopefully gmcclenon will be posting some shots from a better angle up in Sky as this thing progresses.

http://img.photobucket.com/albums/v120/mdiederi/buildings/Font1-1.jpg

http://img.photobucket.com/albums/v120/mdiederi/buildings/Font2-1.jpg

They certainly have more land at the Font than the Cosmo for above ground parking.

john doe
Feb 15, 2007, 4:26 AM
Wow, Las Vegas is really booming!

gmcclenon
Feb 15, 2007, 3:01 PM
Shot these last week. Hopefully gmcclenon will be posting some shots from a better angle up in Sky as this thing progresses.

http://img.photobucket.com/albums/v120/mdiederi/buildings/Font1-1.jpg

http://img.photobucket.com/albums/v120/mdiederi/buildings/Font2-1.jpg

They certainly have more land at the Font than the Cosmo for above ground parking.

Wow, you must be hacking into my Southwest account or something. Funny thing, I'm flying out to Las Vegas today. I'll take some more pictures around Sky and Fountainebleau. Don't think I'll have a chance to get up into the building however. I'll post what I see.

philip
Feb 15, 2007, 10:09 PM
http://msnbcmedia.msn.com/j/msnbc/Components/Photos/060921/060921_sheldon_hmed_12p.hmedium.jpg
Sheldon Adelson is confident about his Cotai Strip Plan

Growth Potential??

Wynn has a huge parcel of land to expand, MGM has the city center and many other vacant land to build upon, but Adelson is running out of space to expand.

He seems to expanding VERY QUICKLY in the Asian market where he is building the whole Cotai Strip in Macau and the Marina Sands in Singapore. However, he doesn't seem to have a long-term plan for the Las Vegas property. He should at least be thinking about buying new land if he intends to have continued growth beyond the Palazzo project.

Adelson is a very smart man (and the 3rd richest man in the United States), I am just trying to figure out what his rationale behind this decision is. Does he think there is not much growth potential in Las Vegas in the future?

Any thought?
(I may post this in skyscrapercity to get more opinions ;) )

mdiederi
Feb 15, 2007, 11:59 PM
Sheldon Adelson is confident about his Cotai Strip Plan

Growth Potential??

Wynn has a huge parcel of land to expand, MGM has the city center and many other vacant land to build upon, but Adelson is running out of space to expand.

He seems to expanding VERY QUICKLY in the Asian market where he is building the whole Cotai Strip in Macau and the Marina Sands in Singapore. However, he doesn't seem to have a long-term plan for the Las Vegas property. He should at least be thinking about buying new land if he intends to have continued growth beyond the Palazzo project.

Adelson is a very smart man (and the 3rd richest man in the United States), I am just trying to figure out what his rationale behind this decision is. Does he think there is not much growth potential in Las Vegas in the future?

Any thought?
(I may post this in skyscrapercity to get more opinions ;) )
Adelson has some sort of plan for that land across Koval beyond the Sands Expo. But that's off-strip, so a gaming analyst in one of the business newspapers speculated that the buyout of Harrah's by private equity groups interested in flipping a quick buck might foil their plan to remake the center strip and force a selling off of some assets, and Adelson was mentioned as somebody who might be interested in buying the Harrah's and Imperial Palace hotels which are adjacent to his Venetian, so that he could replicate the Cotai strip in Vegas, otherwise there's not much else land left on the strip for Adelson. Pure speculation, of course, because on the other hand, another analyst said that going private would allow Harrah's to more easily finance their massive makeover because they won't have to worry about scaring shareholders with such a huge long term investment. It's like a big monopoly game.

future29
Feb 16, 2007, 2:03 AM
it seems like we are never going to see what Harrahs has/had planned for center strip project. i have always felt that they were a sub par company and their casinos scream second rate to me. they got some class with the acquisition of Caesars, but who knows whats going to happen now after getting bought out.

on another note, the mayor is trying to lure an NBA team to the city but now is backing off the claims. http://www.ratevegas.com/blog/2007/02/nbas_memphis_gr.html

with the all star game in town, it would be great for anyone to post pictures around town what the festivities are like. I think MGM is putting up a huge poster on the building, any pics would be nice.

ScottG
Feb 16, 2007, 4:26 AM
love the posted pic on vegastat

i like the grand chaeau one...great billboard. is that the vegastat staff? lol

the encore with the stardust fire and bare buildings look like is a war zone!

Mojava
Feb 16, 2007, 9:04 PM
Great sales at Mandarin...

LAS VEGAS, Feb. 14 /PRNewswire-FirstCall/ -- More than 90 percent of the luxury residential offerings at CityCenter's Mandarin Oriental Las Vegas have sold in a mere 14 days and generated more than $600 million, signifying a robust market for Las Vegas' next generation development. The first of CityCenter's four residential developments to be released to the public for purchase, The Residences at Mandarin Oriental achieved prices well above expectations.

Still available is the Mandarin Penthouse collection, including luxurious two- and three- bedroom units ranging in size from 2,065 square feet to 4,259 square feet. These residences are priced from $3.7 million to $9.1 million and will be delivered as grey shells.

CityCenter, MGM MIRAGE's (NYSE: MGM) $7 billion dazzling vertical city, will open in the heart of the Las Vegas Strip between Bellagio and Monte Carlo resorts in late 2009. The development combines approximately 2,700 private residences; two 400-room non-gaming boutique hotels; a dramatic 60-story, 4,000-room resort casino; and a 500,000-square-foot retail and entertainment district into a single urban core. CityCenter is a design collaboration between MGM MIRAGE and eight of the world's foremost architects including Foster and Partners, Gensler, Helmut Jahn, KPF Architects, Pelli Clarke Pelli, Rockwell Group, RV Architecture LLC led by Rafael Vinoly and Studio Daniel Libeskind.

"The tremendous success of Mandarin sales, in terms of price and pace, demonstrates the value CityCenter offers the sophisticated residential real estate buyer and indicates that CityCenter is more than a city-within-a-city; it is a real estate micro-market with its own supply, demand and prices," said Tony Dennis, Executive Vice President of CityCenter's Residential Division. "Through its remarkable architecture, elite amenities, unmatched service and forward-thinking environmental initiatives, it is clear that CityCenter is making its stake as one of the world's most desirable residential communities."

CityCenter began taking reservations for two additional residential offerings in January and will begin to convert those to contract within the next month. Early demand far exceeded expectations. Vdara Condo Hotel, designed by RV Architecture LLC led by Rafael Vinoly, has already taken well above 700 reservations for its approximately 1,543 units and will go to contract beginning February 20. Veer Towers, distinctly designed by Helmut Jahn will be released for contract in March and has already taken more than 600 reservations for its approximately 674 units.

The final of the offerings, The Harmon Hotel & Residences, designed by Foster and Partners will be released in June. Each offering will be a superb architectural achievement, reflecting the brilliance and individuality of its designer. Dramatic exteriors will be matched by breathtaking interiors, where every appointment, texture and detail is the result of thoughtful consideration.

All CityCenter owners will enjoy exclusive privileges at MGM MIRAGE resorts in Las Vegas within its unmatched array of entertainment, gaming, shopping, dining, spa and nightlife offerings. Privileges range from priority restaurant reservations and access to preferred seating at shows, to exclusive invitations for special events and celebrity-style treatment at nightclubs and lounges.

For detailed views of CityCenter's spectacular residences and design possibilities, prospective owners can visit the development's stunning Residential Sales Pavilion, located at 3780 Las Vegas Blvd. South and open daily from 10 a.m. to 7 p.m. The Pavilion showcases full-scale models, unit locations, floor plans and the multitude of interior design options available for Vdara, Veer Towers and The Residences at Mandarin Oriental.

justdefended
Feb 17, 2007, 1:02 AM
I can't believe how fast those sold, starting at $1.5M!!

It's a strong indication that Veer and Vdara will perform well above expectations when they start going to contract this month and next month.

When you walk into that $22M sales center with a live camera of the construction it's probably hard to resist, especially when there are projects that have been announced for years and haven't seen half the development that CityCenter has.

Great sales at Mandarin...

LAS VEGAS, Feb. 14 /PRNewswire-FirstCall/ -- More than 90 percent of the luxury residential offerings at CityCenter's Mandarin Oriental Las Vegas have sold in a mere 14 days and generated more than $600 million, signifying a robust market for Las Vegas' next generation development. The first of CityCenter's four residential developments to be released to the public for purchase, The Residences at Mandarin Oriental achieved prices well above expectations.

Still available is the Mandarin Penthouse collection, including luxurious two- and three- bedroom units ranging in size from 2,065 square feet to 4,259 square feet. These residences are priced from $3.7 million to $9.1 million and will be delivered as grey shells.

CityCenter, MGM MIRAGE's (NYSE: MGM) $7 billion dazzling vertical city, will open in the heart of the Las Vegas Strip between Bellagio and Monte Carlo resorts in late 2009. The development combines approximately 2,700 private residences; two 400-room non-gaming boutique hotels; a dramatic 60-story, 4,000-room resort casino; and a 500,000-square-foot retail and entertainment district into a single urban core. CityCenter is a design collaboration between MGM MIRAGE and eight of the world's foremost architects including Foster and Partners, Gensler, Helmut Jahn, KPF Architects, Pelli Clarke Pelli, Rockwell Group, RV Architecture LLC led by Rafael Vinoly and Studio Daniel Libeskind.

"The tremendous success of Mandarin sales, in terms of price and pace, demonstrates the value CityCenter offers the sophisticated residential real estate buyer and indicates that CityCenter is more than a city-within-a-city; it is a real estate micro-market with its own supply, demand and prices," said Tony Dennis, Executive Vice President of CityCenter's Residential Division. "Through its remarkable architecture, elite amenities, unmatched service and forward-thinking environmental initiatives, it is clear that CityCenter is making its stake as one of the world's most desirable residential communities."

CityCenter began taking reservations for two additional residential offerings in January and will begin to convert those to contract within the next month. Early demand far exceeded expectations. Vdara Condo Hotel, designed by RV Architecture LLC led by Rafael Vinoly, has already taken well above 700 reservations for its approximately 1,543 units and will go to contract beginning February 20. Veer Towers, distinctly designed by Helmut Jahn will be released for contract in March and has already taken more than 600 reservations for its approximately 674 units.

The final of the offerings, The Harmon Hotel & Residences, designed by Foster and Partners will be released in June. Each offering will be a superb architectural achievement, reflecting the brilliance and individuality of its designer. Dramatic exteriors will be matched by breathtaking interiors, where every appointment, texture and detail is the result of thoughtful consideration.

All CityCenter owners will enjoy exclusive privileges at MGM MIRAGE resorts in Las Vegas within its unmatched array of entertainment, gaming, shopping, dining, spa and nightlife offerings. Privileges range from priority restaurant reservations and access to preferred seating at shows, to exclusive invitations for special events and celebrity-style treatment at nightclubs and lounges.

For detailed views of CityCenter's spectacular residences and design possibilities, prospective owners can visit the development's stunning Residential Sales Pavilion, located at 3780 Las Vegas Blvd. South and open daily from 10 a.m. to 7 p.m. The Pavilion showcases full-scale models, unit locations, floor plans and the multitude of interior design options available for Vdara, Veer Towers and The Residences at Mandarin Oriental.

gmcclenon
Feb 17, 2007, 7:56 PM
Shot these last week. Hopefully gmcclenon will be posting some shots from a better angle up in Sky as this thing progresses.

They certainly have more land at the Font than the Cosmo for above ground parking.

Ok, here are the shots from yesterday of the Fontainebleau site. And a couple of shots around Sky.

http://i127.photobucket.com/albums/p131/gdog137/Fontainebleau/FontainebleauL.jpg

http://i127.photobucket.com/albums/p131/gdog137/Fontainebleau/FontainebleauR.jpg

http://i127.photobucket.com/albums/p131/gdog137/Fontainebleau/FontainebleaufromSahara.jpg

Day and night shots of Sky and what's left of the Stardust
http://i127.photobucket.com/albums/p131/gdog137/Sky/NewandOld.jpg

http://i127.photobucket.com/albums/p131/gdog137/Sky/SusnsetonStardust.jpg

The_Analyst
Feb 17, 2007, 8:47 PM
I hope whenever they get around to taking down the 'El Rancho' sign that someone preserves it. Has there been any casino sign in Las Vegas that has stood so long advertising a casino that no longer existed? Even after years of the hotel being boarded up, numerous coverups (Countryland, Spacequest, Turnberry) and the demolition of the actual hotel, it still soldiers on. :haha:

mdiederi
Feb 17, 2007, 11:45 PM
Great shots. That'll be cool watching it grow from there. But I hope the construction isn't too noisy for you when you try to sleep there because they will be working all night long probably. When are they officially letting residence move into Sky anyway?

That is funny about the sign. It was recently covered with a Turnberry banner, but I think that blew off in a wind storm. The only other really old sign on a defunct casino I can think of is the Moulin Rouge on Bonanza Rd. And now everyone's wondering if the Lady Luck is going to end up that way?

cosmo2k8
Feb 18, 2007, 1:49 AM
Hello everyone,

If you're looking for some nicely designed flash brochures on CC and Vdara click on the link bdelow to view or download. The Vdara file is pretty expansive! Really all you need to know about about this particular condo-hotel can be found there as well as a real sweet looking rendering of the entire CC project located on page 15:

http://www.citycenter.com/citycenter/citycenter_brochures.aspx

Cheers! :cheers:

gmcclenon
Feb 18, 2007, 4:09 AM
Lower floors of Sky could be ready by mid March. The noise, unfortunately, will just have to be chalked up to the sweet sound of progress. I bought there almost two years ago in hopes of the north strip eventually being developed. Unlike the southern end where you pay $1200 to $1500 a foot for a unit with a strip address in the middle of the action, Sky is $500 to $750 a foot and with any luck in three years the action will come to it. (Here's me with my fingers crossed.)

Interior shot of 9 1/2 foot ceilings
http://i127.photobucket.com/albums/p131/gdog137/Sky/Almostdone053.jpg

Now if I can keep the kids from spitting on the sidewalk...
http://i127.photobucket.com/albums/p131/gdog137/Sky/SpitontheSidewalk.jpg

ScottG
Feb 18, 2007, 5:29 PM
thatview is toast...burnt up by maxim....thats the bad thing about highrises- the views are exciting until another tower goes up right infront of you :(

gmcclenon
Feb 18, 2007, 5:49 PM
Thankfully my unit is only 60 feet off the strip while Maxim's setback is about 150 feet. But you are right, be careful what you ask for. That's the problem with being in the middle of it all, can't see the forest for the trees....

justdefended
Feb 18, 2007, 6:06 PM
I love the CityCenter and Vdara brochures! They went to such lengths to describe the vision behind the project and Vdara it's incredible.

Looking at the Vdara brochure, it looks like it will be MGM's W Hotel. Chic, modern, only with personalized service that they can deliver. Also, with prices starting in the low $500,000s and a center strip address, it's hard to see how the W residences can compete with the juggernaut that is CityCenter.

Hello everyone,

If you're looking for some nicely designed flash brochures on CC and Vdara click on the link bdelow to view or download. The Vdara file is pretty expansive! Really all you need to know about about this particular condo-hotel can be found there as well as a real sweet looking rendering of the entire CC project located on page 15:

http://www.citycenter.com/citycenter/citycenter_brochures.aspx

Cheers! :cheers:

peltecs
Feb 19, 2007, 10:21 AM
The brochure says of CC.
"For all that is momentus, it will inhabit the moment."
WTF? :sly:

vegastat.com had to remove all renderings of CC...which sucks for historical reasons.

here is a tube of the view of the model of CC from "Panorama" towers.
http://www.youtube.com/watch?v=ZrXx7LRV0lc

BruceH
Feb 20, 2007, 4:56 AM
Great shots. That'll be cool watching it grow from there. But I hope the construction isn't too noisy for you when you try to sleep there because they will be working all night long probably. When are they officially letting residence move into Sky anyway?

That is funny about the sign. It was recently covered with a Turnberry banner, but I think that blew off in a wind storm. The only other really old sign on a defunct casino I can think of is the Moulin Rouge on Bonanza Rd. And now everyone's wondering if the Lady Luck is going to end up that way?

Closing for Sky condos begin in March with move-ins after mid-March.

illmatic774
Feb 20, 2007, 12:54 PM
Sky is gorgeous. The rendering did it little justice.

future29
Feb 21, 2007, 2:09 AM
not skyscraper related but troubling none the less....
http://sports.espn.go.com/espn/page2/story?page=simmons/070220
Al Harrington, who pooh-poohed Vegas' future as an NBA team by warning everyone before last weekend, "The biggest thing about Vegas is that there's no police. ... I lived out there for two months this summer and I probably saw one cop car, so it's a free-for-all. ... If people want to come in and start trouble, they've got a free pass because the only security or police is in the casinos. Anything outside, do whatever you want."

I read that quote and thought to myself, "Wait, he's right, when do you ever see cops outside the casinos in Vegas?" Then I made a mental note to keep track during the weekend. Shockingly, Harrington was a prophet. There were barely any cops along the Strip, even though tens of thousands of people were walking around at all hours, even though there were tons of legitimately sketchy people cruising around who seemed to be sizing everyone up and didn't seem to be heading in any specific direction (reminiscent of the shady guys who walk around during Mardi Gras looking everyone over), even though cab lines and gridlock were forcing everyone to walk more than they expected to walk. Again, this was a free-for-all: Walk around at your own risk.

After initial reports that the weekend was relatively quiet, more and more information about shootings, arrests and brawls keeps trickling out. (Check out this story on Channel 8's Web site that carries the headline, "Violence Erupts During All-Star Weekend," or another story on the same Web site about the poor behavior of some of the NBA "fans"). I know for a fact that the Strip was closed twice on Friday night because of shooting incidents (saw it myself), that there was a 20-person brawl outside the Mirage's cab line at 5 a.m. that same night (my friend Marty saw it), that paramedics were covering up something that looked to be a corpse in front of the MGM Grand on Saturday morning (Sully saw it), and that I threw myself into the spirit of the weekend and shot somebody outside of Treasure Island because they were wearing a Yankees cap (fortunately, no witnesses). Who knows what else happened? Was it in Vegas' best interest to report every unflattering crime or brawl that happened? Probably not.

Here's the lingering question: Since Vegas' ultimate goal was to win everyone over and prove its worth as an NBA city, and since All-Star Weekend has previously proven itself as a destination spot for every gangbanger and troublemaker within a 750-mile radius, why not import extra policemen and National Guardsmen like New Orleans did before Super Bowl XXXVI, just to make sure everyone felt totally safe? Why would they want visitors saying stuff like "I don't care how long this cab line is, there's no way I'm walking the Strip" and "I wonder if we'll have the biggest riot in the history of sports this weekend?" In my opinion, Vegas dodged a major bullet this weekend. No pun intended.
I have mixed feelings how Vegas came out of this All-Star weekend. the article makes it seem like violence was rampant and people were afraid to walk down the street so instead opted an hour cab ride from Caesars to the Wynn. ridiculous if you ask me.
What a strange weekend. There was gambling and partying and Vegas and basketball -- four of my favorite things -- with a fashion convention and Chinese New Year happening as well, which meant Vegas was throwing three blockbuster weekends at once. There were so many big-time celebrities in town, a rumored Michael Jackson cameo came and went without a single shrug. So many parties happened that it was impossible to keep track of everything. Unfortunately, the stifling gridlock made it impossible to hit multiple events in one night unless you could afford a limo or helicopter (or were robbing someone who could afford a limo or helicopter). So many gangbangers and troublemakers flooded the Strip that late-night gamblers willingly chose 75-minute cab lines over a 15-minute walk to their next casino. So many wild stories floated around about shootings, robberies and everything else that we never knew what to believe; still, every tale seemed reasonable because there were no cops to be seen. On Saturday night, one of my friends even joked that the city might have to declare martial law, only none of us laughed because we didn't realize he was joking.

This brings me to another topic which i have adressed before with Vegas. there needs to be transportation alternatives. right now there is none. The monorail is NOT an alternative at this time because it goes nowhere. there needs to be a dedicated train in the middle of the strip as well as spokes branching out down the east west streets (Harmon, Flamingo, Tropicana). People have told me, "you walk the strip in Vegas." apparently not anymore because too many people are afraid of getting shot. and besides, nobody wants to be walking all the time on their vactation. Driving on the strip is a lost cause. The mayor thinks he is on the path to becoming a real city, but how can you constanlty overlook the transportation issues and think along those lines? if there is one thing that the government is needed for in this city, it is public transit. The casinos do not care about the traffic because they want the people staying in their hotel at all times. Look at the construction happening and planned on the strip and its only going to get worse. Capicity on the strip will double in 5 years and as far as I've seen, nothing is going to be done to the infrastructure to deal with this capacity. the strip is over crowded already today, so imagine 5 years from now at double that. good luck getting anywhere!

I was ready to actually start calling Vegas a real city myself, but this past weekend brought too many issues that need to be fixed to the forefront. I believe there is no way now that a pro team can call Vegas home in the foreseeable future. Vegas will always be a great place to visit, but it is still a place i would not want to live in.

Derek
Feb 21, 2007, 8:10 AM
wow...im looking out the window of my new york new york hotel room and i cant believe how much this city has grown over the past few years...its incredible!! and it seems like the towers go up very fast here...i was just out on the strip and saw workers still moving cranes at this hour! thats something you dont see in SD:rolleyes:

keep it up las vegas!!;)

LMich
Feb 21, 2007, 10:17 AM
I'm confused about Renzi Towers. Kobi Karp has a few images of it, with this one being the most confusing:

http://www.kobikarp.com/images/renzimontage002.jpg

This shows the tower down in Spring Valley, and considerably less than the 700+ feet, but the proposal was downtown, I thought? Is 'Renzi Development' just shopping around?

One more image

http://www.kobikarp.com/images/NewRenzi06a-site.jpg

mdiederi
Feb 21, 2007, 2:44 PM
That first shot looks like the site where 888 was supposed to be built.

edit: No, wait, actually that's off the southwest corner of the 888 site.

ScottG
Feb 21, 2007, 9:34 PM
Aladdin Planet Hollywood Transformation to Be Completed by October

For what seems like an eternity, the transformation of the cursed Aladdin Hotel & Casino into the gleaming and shiny (and still-cursed) Planet Hollywood Hotel & Casino will apparently be completed in October 2007. We've heard this all before, so don't start booking your rooms quite yet. We continue to suggest that all VT readers take a pause on staying at Aladdin until the dust has settled.

It does look, however, that the end may actually be in sight. The Review-Journal conducted an interview with A/PH honcho Robert Earl, wherein he says that progress has been slow, but they've invested must more money into the property than originally anticipated. The description of the strip frontage is semi-interesting.

The large desert-stonelike features topped by an Arabian-style dome are being pulled down to be replaced by a "Times Squarelike" front with large light-emitting diode screens and bright colors to make the property more inviting.

"By the middle of this year, you'll never know the Aladdin existed," said Earl, adding that the dome that sat above the Aladdin sign was removed Thursday.

"That 700-foot run all along the front will all glow and change colors and show images," Earl said of the new plaza. "It will be a fantastic billboard."

A new front entrance on the Strip property's northern end has already opened while construction on the front continues. Retail tenants and restaurants are being added along Las Vegas Boulevard.

MrVegas
Feb 22, 2007, 5:47 PM
Clark County commissioners on Wednesday approved use permits for the Maxim condo-resort project despite concerns by representatives and residents from the neighboring high-rise Sky Las Vegas.

Here is the link to the complete article:

http://www.reviewjournal.com/lvrj_home/2007/Feb-22-Thu-2007/business/12736237.html

Vegas Grows Up
Feb 22, 2007, 6:39 PM
I have added 4 new blogs (post NBA All Star Game) in regards to Cosmo Construction, NBA All Star Game, How MGM MIRAGE CityCenter is getting close to already being totally reserved as well as an article on Vdara.

www.LasVegasHighRiseBlog.com

VegasMatt
Feb 22, 2007, 6:48 PM
Wet Las Vegas update...

Wet Las Vegas is now reporting that thier indoor waterpark is going to be expanded to 350,000 square feet making it the largest indoor water park in North America. That would make it 100,000 square feet larger than the current largest indoor waterpark in the U.S.

It will be the second largest in the world.

Source:

http://themeparks.about.com/od/findindoorwaterparks1/ss/LottaWater_7.htm

manabouttown
Feb 22, 2007, 9:05 PM
Maxim will certainly block many of the anticipated views of the strip from neighboring buildings, namely Sky Condominiums. It didnt seem that the Commissioners were in the mood for protecting views on the resort corridor, but they never have been in the past, so why would anyone expect them to change now? It should be incumbent on realtors to do some due-diligence on surrounding properties before they slam their customers into pet projects, sadly it often isnt done. It was public knowledge that a big developer had owned the land for several years and had plans for a casino/resort. It seems that realtors are often more concerned about which projects pay the highest commission and have non-recourse on the commissions rather than the best long-term investment for their customers. But in Vegas, it doesnt matter if it is the County Commisioner, State Treasurer, Governor or long-term Senior Senator, it is all about 'their cut' of the pie.

BruceH
Feb 23, 2007, 3:44 AM
Maxim will certainly block many of the anticipated views of the strip from neighboring buildings, namely Sky Condominiums. It didnt seem that the Commissioners were in the mood for protecting views on the resort corridor, but they never have been in the past, so why would anyone expect them to change now? It should be incumbent on realtors to do some due-diligence on surrounding properties before they slam their customers into pet projects, sadly it often isnt done. It was public knowledge that a big developer had owned the land for several years and had plans for a casino/resort. It seems that realtors are often more concerned about which projects pay the highest commission and have non-recourse on the commissions rather than the best long-term investment for their customers. But in Vegas, it doesnt matter if it is the County Commisioner, State Treasurer, Governor or long-term Senior Senator, it is all about 'their cut' of the pie.
Nevada Supreme Court ruled some time ago views are not protected. Views were not the primary point about the Maxim and Sky debate. The RJ totally ignored the most important part of yesterday's meeting which I attended and spoke. The requested setback and height variances by Maxim were put on hold until a final design can be created with input from both MGM Circus Circus and the Sky home owners. The Commissioners gave stronger support to residential home owners in Sky than expected as Sky is the first residential tower to have an adjacent commercial property. Interesting point you make about commissions since we sold a ton of Sky condos at 1.5% commission because we liked the developers and the project. Careful where you point the "greed" finger if you don't know the real facts.

ScottG
Feb 23, 2007, 4:20 AM
:)

manabouttown
Feb 23, 2007, 4:35 AM
What you wrote is a distinction without a difference. I stand by everything I wrote. If a lower commission was paid on some units, then there was a quid pro quo somewhere else. Perhaps a lower priced unit was purchased, than was available to the general public. Too many non-recourse projects are pushed by some brokers, at the expense of better projects where the commissions are not paid until the closing.

There may be some minor adjustments with Maxim, but nothing significant. They only have 7 acres on an oddly shaped parcel of land. There is only so much fine-tunning on the design that will be possible. Sky owners at least wont be totally in the ghetto when Maxim is built. The Maxim developers have the clout because they bring jobs and a revenue stream to the north strip.

BruceH
Feb 23, 2007, 6:15 AM
What you wrote is a distinction without a difference. I stand by everything I wrote. If a lower commission was paid on some units, then there was a quid pro quo somewhere else. Perhaps a lower priced unit was purchased, than was available to the general public. Too many non-recourse projects are pushed by some brokers, at the expense of better projects where the commissions are not paid until the closing.

There may be some minor adjustments with Maxim, but nothing significant. They only have 7 acres on an oddly shaped parcel of land. There is only so much fine-tunning on the design that will be possible. Sky owners at least wont be totally in the ghetto when Maxim is built. The Maxim developers have the clout because they bring jobs and a revenue stream to the north strip.
Too bad you have such a negative view of real estate agents. There are those that stand for integrity which apparently you haven't met.

One can do a lot of different designs on 7 acres, especially height, and Maxim may very well take on a different shape in its final design.

manabouttown
Feb 23, 2007, 7:41 AM
There are good agents and greedy ones, that is for certain. I was only advising people to search for the ones that have the customers interests paramount. I think you are being obtuse when you act like you dont know who the finger points at. Which recourse projects do you sell?

jazfingr
Feb 23, 2007, 11:36 AM
.

jazfingr
Feb 23, 2007, 11:39 AM
.

mdiederi
Feb 23, 2007, 1:55 PM
Station Casinos broke ground yesterday on Aliante Station (http://www.reviewjournal.com/lvrj_home/2007/Feb-23-Fri-2007/business/12764442.html). It will cost $600,000,000 and will be their 17th property in southern Nevada. LV Business Press story. (http://lvbusinesspress.com/articles/2007/02/23/news/news_update/doc45de7e3dbe37b950487044.txt)

Hmm? With only 200 hotel rooms, that comes to a construction cost of $3 million per room. Shit, I remember when everybody was aghast when the Wynn cost one-million dollars per room to build, and that was just a couple years ago.

BruceH
Feb 23, 2007, 4:30 PM
There are good agents and greedy ones, that is for certain. I was only advising people to search for the ones that have the customers interests paramount. I think you are being obtuse when you act like you dont know who the finger points at. Which recourse projects do you sell?Well let's see. There's been Juhl, Newport Lofts, SoHo Lofts until they sold out, Turnberry Place until it sold out, MGM Signature, Turnberry Towers, Trump for its first 6 months (where the buyer can also change the brokerage at contract leaving you at total risk) and Sky in its first year of sales. Does any brokerage like to sell recourse projects when the tower can fail to go to contract after all of your money and marketing effort to promote it or since it takes two years to build one before any of your agents get paid? No, but there are solutions to such problems which we've implemented. Like I've said about your posts multiple times, learn the real facts before firing shot gun comments.

VegasMatt
Feb 23, 2007, 6:14 PM
Need Input

Your site is Incredible,

What sort of Input are you looking for?


How about an entry for Triple Five's "Great Mall of Las Vegas"?

bobmcelligott
Feb 23, 2007, 10:03 PM
To manabouttown

Stop adding to this thread. You clearly do not understand anything about Las Vegas high rises and are just taking up space. Remember, it is better to keep your mouth closed and appear a fool than to open it and remove all doubt. Have somebody explain that to you after you go away

thanks.

Love Bob

jazfingr
Feb 23, 2007, 10:39 PM
To manabouttown

Stop adding to this thread. You clearly do not understand anything about Las Vegas high rises and are just taking up space. Remember, it is better to keep your mouth closed and appear a fool than to open it and remove all doubt. Have somebody explain that to you after you go away

thanks.

Love Bob

Thanks Bob, and let me add that this is a forum about BUILDINGS, and until manabouttown showed up, it was a peaceful forum for thousands of posts since 8/1/2004. It's just folks talking about high rise buildings in Las Vegas. No flamers or spammers, just a great group of folks.

Manabouttown, If you want to challange someone off topic, take it private. All you're proving, is how unappreciated you are in this forum.

Love Jaz :D

jazfingr
Feb 23, 2007, 10:43 PM
Station Casinos broke ground yesterday on Aliante Station (http://www.reviewjournal.com/lvrj_home/2007/Feb-23-Fri-2007/business/12764442.html). It will cost $600,000,000 and will be their 17th property in southern Nevada.

Hmm? With only 200 hotel rooms, that comes to a construction cost of $3 million per room. Shit, I remember when everybody was aghast when the Wynn cost one-million dollars per room to build, and that was just a couple years ago.


Great news, I get this on the site tonight. Thanks

jazfingr
Feb 23, 2007, 10:44 PM
Your site is Incredible,

What sort of Input are you looking for?


How about an entry for Triple Five's "Great Mall of Las Vegas"?

I'll look into that, thanks for the INPUT

sky-of-webs
Feb 24, 2007, 1:58 AM
An answer to an older question about favorite building-architecture.
The Adventure Dome at Circus Circus is not relatively tall but it has IMHO great shape and a true colored glass. It stands out in aerial photos and east facing strip shots. The look and feel inside is awesome, very well designed and constructed. I think the asymetric stepping domes adds a nice departure from the hum drum.
I was reminded that I didn't put my 2 cents in; with the new talk of MGM eventually replacing the Circus Circus. It will be a big loss architectually and for the last remaining fun place in town.

( Wet lv should be great:fingerscrossed: )

future29
Feb 24, 2007, 3:12 AM
edited

ScottG
Feb 24, 2007, 5:50 AM
go to vegasTAT and look at the front image......

brilliant!!

'TARD'


LMAO!

justdefended
Feb 24, 2007, 7:30 AM
Haha, that sign is awesome. I think it could work as a brand new luxury hotel brand.

go to vegasTAT and look at the front image......

brilliant!!

'TARD'


LMAO!

Vegas Grows Up
Feb 24, 2007, 8:29 AM
( Wet lv should be great:fingerscrossed: )

I am a HUGE fan of water parks and amusement park design. I really hope this project goes forward for it would be great for local children!

Should be a fun place.

ScottG
Feb 24, 2007, 7:49 PM
question of the day:

WHAT WOULD LAS VEGAS LOOK LIKE IF IT WAS DESTROYED BY MASSIVE SAND STORMS....SIMILIAR TO NEW YORK IN THE 'DAY AFTER TOMORROW' MOVIE, YET INSTEAD OF WATER ITS SAND.

ALSO HOW WOULD THE CITY LOOK IF ZOMBIES ALSO TOOK IT OVER AT THE SAME TIME?

CHECK IT OUT HERE

http://movies.yahoo.com/feature/residentevilextinction.html


ITS THE TRAILER FOR THE 3RD RESIDENT EVIL MOVIE. in it las vegas s detroyed (some how) and zombies take over (some how). the trailer is pretty cool witht he vegas shots. even though their strip isnt totally correct its pretty neat. in the second half you can see they fight at the 'ruins' of the venetian.

but whats up with the welcome sign?

Vegas Grows Up
Feb 25, 2007, 12:03 AM
question of the day:

WHAT WOULD LAS VEGAS LOOK LIKE IF IT WAS DESTROYED BY MASSIVE SAND STORMS....SIMILIAR TO NEW YORK IN THE 'DAY AFTER TOMORROW' MOVIE, YET INSTEAD OF WATER ITS SAND.



I am already a fan of the series but now I am really excited to see our city in the movie! This looks awesome.

Good find.

jazfingr
Feb 25, 2007, 5:30 AM
An answer to an older question about favorite building-architecture.
The Adventure Dome at Circus Circus is not relatively tall but it has IMHO great shape and a true colored glass. It stands out in aerial photos and east facing strip shots. The look and feel inside is awesome, very well designed and constructed. I think the asymetric stepping domes adds a nice departure from the hum drum.
I was reminded that I didn't put my 2 cents in; with the new talk of MGM eventually replacing the Circus Circus. It will be a big loss architectually and for the last remaining fun place in town.

( Wet lv should be great:fingerscrossed: )

I could see MGM MIRAGE blowing up most of Circus Circus and reinventing the property with an upscale cirque theme. They could keep and expand the Adventure Dome into the new development.

But with all the high-end developments coming to that neighborhood and the fact that they have enough land there to build a CityCenter sized development, we will most likely see the A-Dome crash and burn.

Vegas Grows Up
Feb 25, 2007, 10:16 AM
I could see MGM MIRAGE blowing up most of Circus Circus and reinventing the property with an upscale cirque theme. They could keep and expand the Adventure Dome into the new development.

But with all the high-end developments coming to that neighborhood and the fact that they have enough land there to build a CityCenter sized development, we will most likely see the A-Dome crash and burn.

I do not believe the Vegas Strip is a good place for an amusement park anyways. I do not like how people always claim Vegas could not have an amusement park and use the park at MGM Grand as an example. Lets be honest, that was more of an after thought then anything.

People like to say that Vegas is not for kids. My opinion is "The Strip" is not for kids. But a DisneyWorld sized theme park "off strip" maybe South Strip area or even half way between State Line and The Strip would be awesome!

Familys could come in and their kids could have something "healthy and educational" to do, while the parents went and did their thing. I believe it would be great if we built an entire resort that also featured a large aquarium type of park as well as water parks and full blown amusement parks as well.

Sometimes I drop this idea by Moms here in Summerlin and their mouths drop! They LOVE the idea of having something like that for their kids. Vegas is way short on educational stuff for children to do. There is close to 100k residents in Summerlin alone and that is set to double by 2020. With close to two million Vegas residents and 47 or so million visitors a year I say its time we build a resort off strip like I speak of above.

cosmo2k8
Feb 25, 2007, 6:40 PM
Hi folks,

In addition to Vdara and CC info the Veer Towers brochure is now online.

http://www.citycenter.com/citycenter/citycenter_brochures.aspx

They redesigned the entire website by the way. Looks great!

Cheers! :cheers:

mdiederi
Feb 26, 2007, 3:23 AM
The Wall Street Journal is reporting that the Station Casinos board has accepted the private buyout offer from Fertitta Colony Partners after it was raised to 5.5 billion dollars. This might make it easier for them to finance new projects even faster. Station Casino projects in the pipeline in Las Vegas include Aliante Station casino, which broke ground a couple days ago on the north side of the valley; Durango Station casino at south Durango and the 215, across from Sullivan Square; a partnership to develop a large highrise urban village on the land south of Palace Station all the way down to Desert Inn along I-15, and a large mega resort planned for the Wild Wild West property on the corner of Tropicana and I-15. Haven't heard if Station management will take control of the Las Vegas Hilton which Colony owns, that might be separate from this buyout because this deal is an investment partnership and not really a merger.

Patrick
Feb 26, 2007, 6:13 AM
Yikes, I've never seen Jazfingr post this much ;)

Hmm, looks like I've lost much intrest in Vegas, I must say though, Project CityCenter Looks great (still not much of a fan of VEER although)

JonVegas
Feb 27, 2007, 12:13 AM
Sometimes I drop this idea by Moms here in Summerlin and their mouths drop! They LOVE the idea of having something like that for their kids. Vegas is way short on educational stuff for children to do. There is close to 100k residents in Summerlin alone and that is set to double by 2020. With close to two million Vegas residents and 47 or so million visitors a year I say its time we build a resort off strip like I speak of above.

Las Vegas is ripe for more family fun parks. Have you ever seen how crowded the LV Mini-grand prix is on the weekend? And to be honest, that place isn't really all that fun. It's just a product of the dearth of non-adult activities in the city. Scandia, Mountasia, MGM theme park, Wet and Wild: all gone. I can't imagine being a parent of young children and trying to find something for them to do.

Anyway, If there was a water park in Summerlin, I'd have a season pass.

DMaldon762
Feb 27, 2007, 2:53 AM
Here are some cool models of the planned expansion.

http://www.kga-architects.com/hospitalitycurrentsample.htm

LMich
Feb 27, 2007, 3:53 AM
Las Vegas is ripe for more family fun parks. Have you ever seen how crowded the LV Mini-grand prix is on the weekend? And to be honest, that place isn't really all that fun. It's just a product of the dearth of non-adult activities in the city. Scandia, Mountasia, MGM theme park, Wet and Wild: all gone. I can't imagine being a parent of young children and trying to find something for them to do.

Anyway, If there was a water park in Summerlin, I'd have a season pass.

Man, I used to love going to Scandia, and Las Vegas Mini Grand Prix in the northwest. Las Vegas really is lacking in terms of family entertainment places, but, you guys have some awesome public parks and community centers, at least in the west and northwest, which is the only part of town I'm really familiar with.