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beets281
May 12, 2007, 6:00 AM
yup those were taken from either may or june of 2005 :tup:

Patrick
May 12, 2007, 9:32 AM
negativity out of vegas is hard to advertise. the hotels have a big say in what gets out into the media. they dont want the properties to seem unfit.

I agree, besides this site, I havent heard of the Bomb or Suicide, and a Bomb at Luxor? Thats intresting stuff, yet if it wasnt for this site, I wouldnt know it happened.

Silas
May 12, 2007, 11:54 AM
http://news.google.com/news?hl=en&q=luxor%20bomb&ie=UTF-8&oe=UTF-8&um=1&sa=N&tab=wn

Silas
May 12, 2007, 11:55 AM
http://news.google.com/news?hl=en&ie=UTF-8&oe=UTF-8&tab=wn&ncl=1116113798

Superfish
May 12, 2007, 2:56 PM
Review Journal has confirmed the W's demise. :(

DEVELOPMENT: W mixed-use project canceled

Edge Group folds plans after minority partner Starwood exits

By ARNOLD M. KNIGHTLY
REVIEW-JOURNAL

The W Las Vegas mixed-use project slated for almost 50 acres along Harmon Avenue was canceled Friday after minority partner Starwood Hotels and Resorts Worldwide pulled out of the project.

In a brief e-mailed statement, the Edge Group said its partnership with Starwood is scheduled to end and the project "could not overcome numerous significant challenges."

W Las Vegas was first proposed in 2005 for 22 acres on the northeast corner of Harmon Avenue and Koval Lane. It was billed as a $2.5 billion mixed-use project with 3,000 hotel-condominium units, 10 restaurants and nightclubs, a 75,000-square-foot casino, 300,000 square feet of convention and meeting space, a Fred Segal fashion emporium and a spa. It was to open in 2008.

The Edge Group had bought the land from home builder D.R. Horton for $108 million. The W Las Vegas was to neighbor the 4,000-unit hotel-condominium project, Las Ramblas, tied to actor George Clooney and nightclub magnate Rande Gerber. But poor unit sales forced Las Ramblas' cancellation and it sold 25 acres and entitlements to the Edge Group for $202 million in June 2006.


A Starwood pullout had been rumored since late last year, but Edge officials maintained in the past few months that the project was proceeding and cited a $10 million investment by Starwood last year as proof.

Project Co-Chairman and Chief Executive Officer Reagan Silber said in December that the company had hired financial consulting firm Credit Suisse to seek a joint-venture partner to join Edge Resorts and Starwood on the project. He added that rising construction costs and the extra land required a third party.

Edge spokeswoman Maggie Feldman said company officials could not comment further now but added that the group is selling assets including the land.

John Knott, executive vice president of the Global Gaming Group for CB Richard Ellis, said the land might fetch $12 million an acre if sold whole, or $17 million to $20 million an acre if broken up. He added that the property will interest mixed-use, urban developers and gaming companies.

"It's just an absolutely prime piece of real estate," he said.

The e-mail statement from Edge also said all condominium reservation deposits have been returned to the buyers. The company had held reservation agreements, but no hard contracts, for 750 units.

Jeremy Aguero, a principal at Applied Analysis, a Las Vegas financial consulting firm, said it shouldn't be hard to find a buyer for the land. He added that the parcel's size represents a significant development opportunity.

"Nowadays you see there is a desire for those larger areas because we are really taking a master-plan approach to resort development," Aguero said. "There are not very many 50- acre sites and this represents one of the last major development opportunities available."







JUHL is making quite an impact in downtown
http://i1.tinypic.com/5yx1213.jpg

So is Streamline
http://i8.tinypic.com/61vbybq.jpg

Newport's Crane is gone!
http://img266.imageshack.us/img266/106/11785505458423261rn5.jpg
http://i7.tinypic.com/4vg7ea8.jpg

Trump glass nearing final floor, suppose the white part will then be installed.
http://i8.tinypic.com/669wvn7.jpg

Encore
http://i6.tinypic.com/5ymz8tk.jpg

cosmo2k8
May 12, 2007, 9:38 PM
Hi everyone,

Just received the Cosmo newsletter for May 2007

In it they reveal the glass facade for the 100 foot podium:

Nice Piece Of Glass

A 14,000-mile trip, just to look at some glass? Not just any glass of course. Attention to detail and the absolute finest materials are what discerning individuals like you demand in a residence. That's why Ian Bruce Eichner led a group from Perini Building Company (General Contractor for The Cosmopolitan) on a trip to Shenzen, China to examine the prototype of The Cosmopolitan's glass facade. Everyone was thrilled with the result. Customized to our exacting standards by Far East Glass, the facade is sleek, modern and striking. The dramatic contours of the glass have never been seen before in Las Vegas. Veering out and over the Strip, it acts as a translucent canopy. Innovative. Thought-provoking. Utterly unique.

http://img160.imageshack.us/img160/825/cosmonewsletterversion2qy7.th.gif (http://img160.imageshack.us/my.php?image=cosmonewsletterversion2qy7.gif)

Cheers,
Kevin L. :yes:

Silas
May 12, 2007, 9:51 PM
I love the written description - but surely they are not referring to that UGLY thing in the photo, right?

:yuck:

cosmo2k8
May 12, 2007, 10:00 PM
http://i4.tinypic.com/4yjam15.gif
http://i4.tinypic.com/6f0gbc2.gif
http://i8.tinypic.com/63hfwqb.gif
http://i10.tinypic.com/6h8cc2g.gif
http://i1.tinypic.com/6bbbk1w.gif
http://i4.tinypic.com/52zb0bb.gif
http://i6.tinypic.com/67z3gc8.gif
http://i5.tinypic.com/5y81v69.gif
http://i10.tinypic.com/5zfz0k1.gif
http://i1.tinypic.com/4tung5l.gif
http://i1.tinypic.com/52kr2g7.gif
http://i2.tinypic.com/67qw0ly.gif
http://i10.tinypic.com/6evy0z9.gif
http://i1.tinypic.com/6b8vuyh.gif
http://i9.tinypic.com/68ctp3d.gif

Cheers,
Kevin L. :cheers:

NYC2ATX
May 13, 2007, 2:43 AM
I know I just commented about the W cancellation, but also, the W shouldn't bother with mixed-uses. I think they should just have a hotel, focus on making a fabulous hotel, and no condos, or hotel-condos or all that nonsense. I say a tall, sleek tower on a city block in Downtown. That would be soooo awesome.

LMich
May 13, 2007, 9:30 AM
I'm confused; why does so much water have to be pumped out of the Cosmopolitan site? I had no idea that had hit underground water. BTW, does anyone have a map of the underground rivers that travel through part of the Strip that I've heard of? It's the one that always helps flood the Forum Shops at Cesars.

mdiederi
May 13, 2007, 2:44 PM
http://www.lasvegasgmp.com/html/telemetry_map.html

http://img.photobucket.com/albums/v120/mdiederi/Misc/shallow-grndwtr_250.jpg

If you go into the southeast (sports book) parking garage at the Las Vegas Hilton there is one level below ground and there are a couple grates in the floor and you can hear a raging river flowing down below and I know it's over flowed through the grates in the past and flooded that level of the garage. I talked to somebody over there and they said it's a natural underground river that they had to build around. I think they might have since closed off access to that part of the floor down there where the grates are though.

Don't forget the Spring Mountains boarder the west side of the valley (Charleston Peak is almost 12,000 ft tall) and have a snow pack each year, and all the snow melts into the ground and flows towards the Las Vegas Wash and Boulder Canyon (now Lake Mead).

Silas
May 13, 2007, 3:45 PM
From VegasTaT.com:

Mysterious Footprints A few years ago, in the Stratosphere's parking garage, shoeprints could be seen on the overhead concrete beams. A form of self expression - perhaps, A buzzed youth prank - more likely. Whatever the origin, it has become a form of interactive art. The Stratosphere's garage now has thousands of shoeprints on every level (mine included). This phenomenon has since spread to the Sahara's garage (ya, mine are there too).
I think this is an interesting trend (the originators must be proud) and I hope the resorts don't clean (or paint over) them. In fact, I encourage you, my gentle readers, to spread this art form to other resort garages on the Las Vegas Strip. You can send photos of your "work" to comments@vegastat.com Please let me know which garage you christened. Once I've gathered a few, I will open a new page to display them.

gmcclenon
May 13, 2007, 10:52 PM
http://www.lasvegasgmp.com/html/telemetry_map.html

http://img.photobucket.com/albums/v120/mdiederi/Misc/shallow-grndwtr_250.jpg

If you go into the southeast (sports book) parking garage at the Las Vegas Hilton there is one level below ground and there are a couple grates in the floor and you can hear a raging river flowing down below and I know it's over flowed through the grates in the past and flooded that level of the garage. I talked to somebody over there and they said it's a natural underground river that they had to build around. I think they might have since closed off access to that part of the floor down there where the grates are though.

Don't forget the Spring Mountains boarder the west side of the valley (Charleston Peak is almost 12,000 ft tall) and have a snow pack each year, and all the snow melts into the ground and flows towards the Las Vegas Wash and Boulder Canyon (now Lake Mead).


Awesome find on the ground water maps! Yeah, not many people realize that Las Vegas is Spanish for The Meadows (http://en.wikipedia.org/wiki/Las_Vegas,_Nevada).
In the 1800s the water table was actually above the ground in many places creating artisian wells. Most construction on the strip has to deal with ground water that is only 5 to 10 feet below the surface. Look at all the pumps still installed at the Fontainebleau site. Typical for Las Vegas construction.

Las Vegas is ringed by mountain ranges and is sitting on top of all the runoff. Blows my mind that the Cosmo is taking 100,000 gallons of water per day and pumping it into the storm drains. Seems like they could use it for drinking water.

philip
May 14, 2007, 3:17 AM
From VegasTaT.com:

Mysterious Footprints A few years ago, in the Stratosphere's parking garage, shoeprints could be seen on the overhead concrete beams. A form of self expression - perhaps, A buzzed youth prank - more likely. Whatever the origin, it has become a form of interactive art. The Stratosphere's garage now has thousands of shoeprints on every level (mine included). This phenomenon has since spread to the Sahara's garage (ya, mine are there too).
I think this is an interesting trend (the originators must be proud) and I hope the resorts don't clean (or paint over) them. In fact, I encourage you, my gentle readers, to spread this art form to other resort garages on the Las Vegas Strip. You can send photos of your "work" to comments@vegastat.com Please let me know which garage you christened. Once I've gathered a few, I will open a new page to display them.
I was a little uncomfortable with what was being encouraged here too. Vandalizing private properties not only destroy the look and feel of the resort, companies may have to spend thousands of dollars to clean them. From both a legal and ethical perspective, it is never OK to vandalizing something that does not belong to you. But Freedom of Speech also gives people the right to say whatever they want, so there is nothing we can do about what is being said on the website. I think that as a responsible person, I just ignored the statement and make my own judgment.

LMich
May 14, 2007, 3:54 AM
Awesome find on the ground water maps! Yeah, not many people realize that Las Vegas is Spanish for The Meadows (http://en.wikipedia.org/wiki/Las_Vegas,_Nevada).
In the 1800s the water table was actually above the ground in many places creating artisian wells. Most construction on the strip has to deal with ground water that is only 5 to 10 feet below the surface. Look at all the pumps still installed at the Fontainebleau site. Typical for Las Vegas construction.

Las Vegas is ringed by mountain ranges and is sitting on top of all the runoff. Blows my mind that the Cosmo is taking 100,000 gallons of water per day and pumping it into the storm drains. Seems like they could use it for drinking water.

If it's going into Lake Mead, it is eventually being used for drinking water.

Does anyone have any maps of the washes in the valley? I'm interested in seeing the fully course of the Flamingo Wash. I remember back not too long ago the flash floods that swept through the Las Vegas wah destroyed parts of the Miracle Mile mobile home park on the eastside.

Silas
May 14, 2007, 4:24 AM
not really sure that 'Freedom of Speech' specifically allows this. If someone specifically encouraged others to vandalize my home or business I would hope/assume that this is against some law already on the books.

I personally do not like to 'look the other way' in these circumstances. I take the other route -- I choose to shine the light of truth on the situation.

hotdog
May 14, 2007, 5:10 AM
I agree with Silas. Incitement is definitely a crime (see http://en.wikipedia.org/wiki/Incitement for example); so I would encourage VT&T to take that down; even though he obviously meant no harm. Even though shoe prints may seem innocuous, it is a slippery slope from there to common graffiti tagging, which seems innocuous and artistic in Hispanic cultures. Wouldn't that be a blow to the Strip, if the youth of the city viewed hotels (parking lots and more) as canvases in much the same way that they view bathroom stalls and freeway overpasses? So why should we encourage it?

LMich
May 14, 2007, 5:27 AM
I'm not so sure this would qualify as conventional vandalism. In a structure used for cars with all kinds of even worse concrete stains, this would seem like normal and expected wear-and-tear that could definitely not be anymore vandalism than spinning out on a parking garage, or tracking in mud, or dripping oil, etc.

Superfish
May 14, 2007, 5:38 AM
True, parking garages aren't exactly the cleanest of facilities. However, you expect tire marks and such on the ground, but these shoe marks are of course done on the ceiling (or rather the low hanging support beams). I take it people take off their shoes and jump up to strike the ceiling to leave a print.

From a cultural point of view it's rather interesting. Unlike graffiti which can and is usually gang related, this is unlikely due to that. Maybe it's some underground art form? A rite of passage for tourists? (I have to visit and shoeprint every hotel parking garage I go to) or something like that. Although it's still vandalism when you boil it down.

Semi related, I have seen various posters around town in the past few years or so with the words "indecline" These things are obviously printed somewhere, and are glued to walls and other surfaces around town, usually in mass groups.

This may be related to the older "Obey" posters which I have also seen posted in vegas before the newer "Indecline" posters started showing up.

info on the obey posters
http://en.wikipedia.org/wiki/OBEY

Pictures of the "indecline" posters.
http://images.google.com/images?source=ig&hl=en&q=indecline&btnG=Google+Search&ie=UTF-8&oe=UTF-8&um=1&sa=N&tab=wi

Silas
May 14, 2007, 5:44 AM
LMich -

You may not be so sure that this is vandalism, and a clear crime. But rest assured, all of us responsible citizens do indeed recognize it clearly for what it is. It is a crime

If you people choose to desecrate your own bodies with tatoos, I say wonderful for you. But do not try to bring the entire society down by blurring the lines. This is not 'art'. It is vandalism. Let's get real.

LMich
May 14, 2007, 6:07 AM
LMich -

You may not be so sure that this is vandalism, and a clear crime. But rest assured, all of us responsible citizens do indeed recognize it clearly for what it is. It is a crime

If you people choose to desecrate your own bodies with tatoos, I say wonderful for you. But do not try to bring the entire society down by blurring the lines. This is not 'art'. It is vandalism. Let's get real.

Stop with the attitude, already. It's getting old. You don't know me, or any of the rest of us here. You can take your anger against counter-culture elsewhere. You're obviously trying to make a bigger point, one that doesn't need to be made (i.e. desecrate your own bodies with tatoos). I'm starting to get the feel that this probably isn't the right forum, for you.

Vegas Grows Up
May 14, 2007, 6:21 AM
I went and recently took a whole bunch of construction pics of Cosmo. Below are some, you may see the rest at the link at bottom of page or by going to Cosmopolitan Resort Images (http://activerain.com/blogsview/97996/New-Photos-Cosmopolitan-Las).

These guys take HUGE risks
http://item.slide.com/r/1/95/i/FSU5giAl7j-07BG29nd9D7rea5I17ul8/

Sorry Jockey Club pool, you are about to be shaded
http://item.slide.com/r/1/7/i/impvYDbR3j-sfxJ2pfPex4ySZ1AggFWE/

Major work welding!
http://item.slide.com/r/1/125/i/GgWdc5DF0T_grW-uSKijKHJi8r1FfxrO/

From LV Blvd
http://item.slide.com/r/1/89/i/rEB_uGdwxz-Ik3VpOTtWv8bM2Ogfq6et/

Again the rest can be seen at Cosmopolitan Resort Images (http://activerain.com/blogsview/97996/New-Photos-Cosmopolitan-Las).

heyyoucharlie
May 14, 2007, 6:28 AM
[QUOTE=Superfish] "Unlike graffiti which can and is usually gang related, this is unlikely due to that. Maybe it's some underground art form? A rite of passage for tourists? (I have to visit and shoeprint every hotel parking garage I go to) or something like that. Although it's still vandalism when you boil it down."



:jester: Could this be considered gang related if the shoe prints are from Nike or Adidas shoes!!! :jester:
M M m m Mmyyyy ADIDAS!!! :tup:

This has been going on "forever" in Vegas!!! I have not done it for 10+ years or so...but as a teenager we made a game of it, "Who can get the highest print in the garage". Kinda like, who can touch the bball rim in Jr High......

I would much reather see shoe prints in a casino garage, then graffiti all over our freeways... One does not lead to another!!! + if you actually drive on Vegas freeways you're bound to be at a stand still, and then all you will see is the damn graffiti...

heyyoucharlie
May 14, 2007, 6:34 AM
[QUOTE=Vegas Grows Up]
Sorry Jockey Club pool, you are about to be shaded
http://item.slide.com/r/1/7/i/impvYDbR3j-sfxJ2pfPex4ySZ1AggFWE/


From LV Blvd
http://item.slide.com/r/1/89/i/rEB_uGdwxz-Ik3VpOTtWv8bM2Ogfq6et/



It is TIME for the Jockey Club to GO!!! When Cosmo and CC are finished this little building will be sooooo out of place...

Superfish
May 14, 2007, 6:36 AM
I went and recently took a whole bunch of construction pics of Cosmo.
Sorry Jockey Club pool, you are about to be shaded
http://item.slide.com/r/1/7/i/impvYDbR3j-sfxJ2pfPex4ySZ1AggFWE/



must be cool to be at that pool and see cranes and metal go up all around you. if it's still open that is.

jazfingr
May 14, 2007, 6:42 AM
Great photos VGU Aaron...thanks:tup:

Vegas Grows Up
May 14, 2007, 6:54 AM
must be cool to be at that pool and see cranes and metal go up all around you. if it's still open that is.

The pool is open and there are huge steel beams being installed just feet away! There was a guy drinking a beer and watching the whole thing like it was a baseball game. By the time I left my photo session I had met multiple Jockey Club people who were coming up to me and asking questions!

Glad you like Jazfingr

True Blue
May 14, 2007, 7:25 AM
Aaron, nice pic’s of the Cosmo. Maybe some of you can answer a question I have about the long-term affects of building residential units on and around the Strip. These mega-resorts will be beautiful for years to come, but the footprint they leave will be around a lifetime. I feel it will next to impossible to implode a residential hi-rise building once it’s built. Look at the Jockey Club as an example. That building should have been razed years ago, but it’s still around because hundreds of individual timeshare owners bought into it. It would be like a Lawyers feeding frenzy in order to be able to implode and rebuild!

After the current hi-rise building boom is over, will we ever see anything new built on the Strip? I guess in 25 years, the next construction boom would be to implode many of the themed Casinos built in the 90’s. Are the days of the Strip re-inventing itself almost over with?

Vegas Grows Up
May 14, 2007, 7:55 AM
True Blue,

You bring up great points. There are some key factors however that we must consider.

1. It is much harder for a developer to purchase a "timeshare" property to destroy due to the high number of owners. From what I hear The Jockey Club has something like 22,000 owners! Compare this to only 400 units at "residential" projects like Sky which are mostly owned by 1-2 owners (some may have more as partners or llcs) Basically each unit is owned by one entity, not 52 who each own a week.

2. Las Vegas Boulevard will never become a high rise condo corridor. This is why we have had so many people demanding LV Blvd addresses in 2007 while other areas have suffered. High rise condo towers with a LV Blvd address or very closeby are numbered. The Strip is for casinos and entertainment...we need that as a city to keep tourism in the 40+ million range annually.

3. As far as the high rise building boom coming to an end, Vegas is out of land and that is fact. We are also in the desert and need to conserve our resources. With over 8 thousand new residents coming to our city a month it is absolutly neccessary to build upwards. I do not look at what is happening as a boom but rather a fact of life. New York high rise living is not a boom, its the way things are. This will be a trend we as a city MUST continue with for decades to come unless we want to ruin our resources.

Lets take a look at the "residential" and "condo hotel" projects on or near strip as of right now or coming in near future.

Can anyone see where more may be coming in located in core areas? I do not see many over the next 5-10 years.

Residential Strip

Sky (open)
Veer (2009)
The Harmon (2009)
Residences at Mandarin Oriental (2009)
Palazzo Condos (2009)

Residential close to Strip

Turnberry Towers (opening tower 1 soon)
Turnberry Place (open)
Allure (September 2007)
Panorama Towers (T1 now, T2 Summer 07, T3 2009)

Condo Hotels on Strip

The Cosmopolitan (2009)
Fontainebleau (2009)
Vdara (2009)

Condo Hotels Near Strip

Trump (2008)
MGM Signature (open)
Platinum (open)

Silas
May 14, 2007, 11:58 AM
LMich -

Let me point out the irony of your own tag lines:

"A great civilization is not conquered from without until it has destroyed itself from within." - Will Durant

"If you don't stand for something, you'll fall for anything."

MrV
May 14, 2007, 12:32 PM
Looking at those pictures makes me wonder if the Jockey Club has any future, since it seems to me as if it will be almost completly surrounded by the Cosmopolitan. Are its owners entitled to any kind of compensation for the fact that for example their swimming pool will have to do without direct sun, or that the views from a lot of rooms will be blocked by the Cosmopolitan?


LMich -

Let me point out the irony of your own tag lines:

"A great civilization is not conquered from without until it has destroyed itself from within." - Will Durant

"If you don't stand for something, you'll fall for anything."


I don't want to be rude but what on earth are you talking about? This is a discussion board about (high rise) construction in Las Vegas and I don't see in what ways you contribute to this discussion with that post.

Silas
May 14, 2007, 12:44 PM
One thing I contributed by my recent posts is that I caused VegasTaT guy to remove his strange statement which encouraged people to vandalize parking garages. His bizarre statement was especially confusing because his web site seems to celebrate the new construction -- and his advertising comes from the new hotels, casinos and condos.

My posts have benefitted everyone. They have benefitted VegasTaT guy the most. The worst thing that could have happened for him is for people like you to just look the other way - and for others to actually take his advice and desecrate the parking garages at CityCenter, Trump, Cosmo, Bellagio, etc. Do you know what trouble VegasTaT would be in with the major Vegas players? So, VegasTaT guy is the big winner by my posts.

Second winners are the people visiting these resorts who do not want to pay up to $300/night to see grafitti smeared all over the structures. They would also pay more next time for the clean up.

Third benefactors from my post are those chumps who would have actually broken the law by vandalizing, then incriminated themselves by sending in photos for all to see.

Fourth benefactors are casino and resort operators, such as MGM, Harrah's who make the world go 'round in Vegas

Fifth are those good people who are in the real estate industry, who are loosely affiliated with VegasTaT guy. All those guys who post the great photos on these sites. They do not want to be associated with vandalism, of course.

Sixth is general society at large. If people pointed these sort of things out in general and held people (all people) accountable, then, IMO, everyone is better off and we as Americans can be proud of our cities (like Vegas) and our society. If we choose to ignore these types of statements (why would we?) then we can only accept any grafitti, 'tagging' whatever we would call it anywhere and everywhre in our society.

highriseLV
May 14, 2007, 3:29 PM
Can anyone see where more may be coming in located in core areas? I do not see many over the next 5-10 years.



What about downtown?

Don Pacho
May 14, 2007, 4:20 PM
Hi everyone,

Just received the Cosmo newsletter for May 2007

In it they reveal the glass facade for the 100 foot podium:

Nice Piece Of Glass

A 14,000-mile trip, just to look at some glass? Not just any glass of course. Attention to detail and the absolute finest materials are what discerning individuals like you demand in a residence. That's why Ian Bruce Eichner led a group from Perini Building Company (General Contractor for The Cosmopolitan) on a trip to Shenzen, China to examine the prototype of The Cosmopolitan's glass facade. Everyone was thrilled with the result. Customized to our exacting standards by Far East Glass, the facade is sleek, modern and striking. The dramatic contours of the glass have never been seen before in Las Vegas. Veering out and over the Strip, it acts as a translucent canopy. Innovative. Thought-provoking. Utterly unique.

http://img160.imageshack.us/img160/825/cosmonewsletterversion2qy7.th.gif (http://img160.imageshack.us/my.php?image=cosmonewsletterversion2qy7.gif)

Cheers,
Kevin L. :yes:


Wow!! Love that facade !!

Amazing design.


http://img160.imageshack.us/img160/825/cosmonewsletterversion2qy7.gif

VegasMatt
May 14, 2007, 5:24 PM
Here's a smaller mixed-use project going up near the Henderson airport.


http://s187904055.onlinehome.us/City-Crossing/renderings/Rendering1.jpg

More info on City Crossing can be found here:

http://www.plise.com/

There are plenty of pictures following the link.

Enjoy!

Vegas Grows Up
May 14, 2007, 5:44 PM
What about downtown?

Downtown is an entirely different animal. Also, downtown highrises are not replacing potential casino sites there, they are replacing 50 year old neighborhoods as well as blank land such as the 61 acres.

True Blue asked about The Strip in his question. We were discussing how highrise condos could potentially landlock Strip parcels in the future. This is also why I included the word "core areas" meaning Tropicana to Sahara.

Superfish
May 14, 2007, 5:50 PM
That reminds me.

Remember that one midrise project from long ago that had problems? What was it called.. Vegas Grand.

Apparently it's still alive and kicking. The parking garage is done and they have a couple 4 story building complexes fully framed already.


Good to see it progressing.


Many of these smaller mixed use midrises/lowrises such as what vegasMatt posted are popping up all over the valley. I think they're great as they create higher density living and moves us away from simple single family suburbs.

It also creates a more urban atmosphere then any suburb would with the retail they provide. Most of them since they are one project have an overall water saving design too. No acres of water wasteful and unused lawns here.


Here's a couple:

Pretty big project in the southwest.
http://www.manhattanwest.com/

I'm sure many already know about Sullivan Square, pretty nice architecture here.
http://www.sullivansquarelasvegas.com/

Promenada is another down by Rainbow.
www.promenadaatrainbow.com

There are several in the far northwest as well.

True Blue
May 14, 2007, 6:14 PM
It seems that practically every new project has some sort of residential component in them. My guess is it’s easier to get financing in order to construct the building. As far as I know, the Echelon Place Resort is the only project introduced that does not offer residential units.

Aaron, I suppose in the waaaaaay distant future, a developer could try to purchase the 400 units of the Sky, for instance, in order to implode and rebuild. I wonder if the city would get involved and use imminent domain powers to force the last holdouts to sell. I'm sure this would not be financially feasible for any developer. The Sky doesn't have enough acres to make it attractive to rebuild. As I said, this is a long way in the future and I won’t be around to worry about it. Right now I'm going to sit back and enjoy all the new hi-rises being built.

mdiederi
May 14, 2007, 8:40 PM
Speaking of midrises, what project is this? It's in the middle of that empty land on Tropicana east of the MGM.
http://img.photobucket.com/albums/v120/mdiederi/buildings/_.jpg

mdiederi
May 15, 2007, 12:25 AM
The Hoover Dam Bypass Project just released some new photos of the Colorado River Bridge (also known as "The Mike O'Callaghan-Pat Tillman Memorial Bridge"). They were shot in March.

http://img.photobucket.com/albums/v120/mdiederi/buildings/Hoover%20Dam%20Bypass/CRB.jpg

http://img.photobucket.com/albums/v120/mdiederi/buildings/Hoover%20Dam%20Bypass/CRD2.jpg

Vegas Grows Up
May 15, 2007, 1:23 AM
Awesome Pics! ^

kenratboy
May 15, 2007, 5:05 AM
I just hope that bridge will open up the area at/on the dam to more stuff (for example, easier and better to walk around).

cosmo2k8
May 15, 2007, 5:44 AM
Hi folks,

Just visited the CityCenter website and it looks great! Some new renders and The Harmon's official logo are revealed!

Check it out: www.citycenter.com

Cheers! :yinyang:

MrVegas
May 15, 2007, 6:06 AM
Speaking of midrises, what project is this? It's in the middle of that empty land on Tropicana east of the MGM.
http://img.photobucket.com/albums/v120/mdiederi/buildings/_.jpg

That's the BlueGreen Timeshare project.

mdiederi
May 15, 2007, 5:24 PM
I just hope that bridge will open up the area at/on the dam to more stuff (for example, easier and better to walk around).
I haven't heard of any new amenities planned for the dam, but it will alleviate the traffic congestion across the top. The bridge will have a pedestrian walkway under the road so that tourists will be able to walk across and get the famous aerial view of the dam without having to fly a plane.

Lecom
May 15, 2007, 5:34 PM
On one hand, I'm afraid the bridge would ruin classic views of the dam. But then again, it probably will end up complementing it in a great way, like the Rainbow Bridge complements the Niagara Falls. Besides, imagine the views of the dam/canyon from the bridge itself :slob:... instant postcard classics. Congratulations to Nevada on building a new landmark that is very functional at the same time.

Any renders of the bridge by the way?

mdiederi
May 15, 2007, 9:22 PM
Any renders of the bridge by the way?
http://img.photobucket.com/albums/v120/mdiederi/buildings/Hoover%20Dam%20Bypass/57505017.jpg
Bruce Campbell Sr

http://img.photobucket.com/albums/v120/mdiederi/buildings/Hoover%20Dam%20Bypass/Comp_3-stitch-PEsmall.jpg

Superfish
May 15, 2007, 11:48 PM
I wonder how long it will take for someone to attempt a bungee jump off that thing once it's open.


Besides increasing safety at the dam by taking major truck traffic off of it, a 2nd major reason for this bridge is a little known corridor called the CANAMEX, which goes right through Vegas and links Mexico, the US and Canada in a north-south series of highways.

described as a "seamless and efficient transportation of goods, services, people and information between Canada, Mexico and the United States" and vital to NAFTA implementation.

http://www.canamex.org/

jazfingr
May 16, 2007, 5:48 AM
"seamless and efficient transportation"

:haha: They've obviously never been on the I-15 through Vegas.

hotdog
May 16, 2007, 6:13 AM
CANAMEX and I-15 only coincide north of downtown, so traffic is not that bad on CANAMEX.

mdiederi
May 16, 2007, 6:54 AM
Tuesday night the Wall Street Journal website is reporting that Elad Group will announce on Wednesday a $5 billion project on the Strip. The project will be called the Plaza and open by 2011.

mdiederi
May 16, 2007, 2:27 PM
Okay, now it's pretty official.

http://www.lvrj.com/news/7530232.html

MORE THAN $1.2 BILLION: New Frontier sale sets record

Purchase price goes where no Strip land has gone before

By HOWARD STUTZ

An Israeli-owned real estate investment group, in what is being called the most expensive large-site transaction on the Strip, has bought the New Frontier and its 36 Strip acres for more than $1.2 billion, the casino's current owner, Phil Ruffin, confirmed late Tuesday.

...Ruffin said El Ad Properties, which controls several landmark New York City buildings, signed the purchase agreement last week for the hotel-casino site...

...He said a $100 million deposit on the deal arrived Monday...

...Ruffin and gaming sources familiar with the deal said El Ad will close the aging Western-themed hotel-casino when the transaction is completed in 90 days. The 984-room New Frontier will be demolished, and El Ad will build a replica of New York's landmark Plaza Hotel on the site...

...Ruffin said the deal with El Ad does not include the seven acres on the backside of the New Frontier site which hold the $1.2 billion Trump International Hotel & Tower...

...At more than $1.2 billion, the 36 Frontier acres sold for more than $33 million an acre, which Knott said is the most expensive large-site transaction on the Strip...

More recently, the New Frontier has been known as the home of Gilley's Saloon and Dance Hall, which features bikini bull riding three nights a week and live mud wrestling twice a week.
Only in Vegas can a place featuring mud wrestling sell for over a billion bucks.

Will it have the same architecture?
http://img.photobucket.com/albums/v120/mdiederi/buildings/plazanite.jpg

So, if they call this thing the "Plaza" won't there be some marketing confusion with the grungy Plaza Las Vegas downtown?
http://img.photobucket.com/albums/v120/mdiederi/buildings/plaza.jpg :shrug:

LOL, here's another article about the deal (http://home.businesswire.com/portal/site/google/index.jsp?ndmViewId=news_view&newsId=20070516005316&newsLang=en) and they call Wynn's new project the "Anchor" instead of "Ancore" LOL. TYPO!

Edit: Reading more news stories about this on the web, a whole bunch of them are repeating the "Anchor" typo! LOL! :haha: :rolleyes:

Edit again: Uh, I meant to spell "Encore", duh. :rolleyes:

BruceH
May 16, 2007, 4:04 PM
The sale of the New Frontier continues to underscore just how high end the North Strip is becoming. MGM Mirage is already on record about creating another great project like CityCenter in place of the Circus Circus, Fontainebleau Las Vegas (http://www.luxuryrealtygroup.com/fontainebleau-resort.html) is under construction, Echelon breaks ground in June, Encore is under construction as part of Wynn, Trump Las Vegas tower one (http://www.luxuryrealtygroup.com/trump-las-vegas.html) gets topped off May 25 and so on.

The developers for Sky Las Vegas luxury condos (http://www.luxuryrealtygroup.com/sky-las-vegas.html) paid just over $4 million an acre for that land. The New Frontier sale at a record breaking $33 million an acre puts Sky's land at 8 times valuation. That doesn't mean Sky's luxury condos are now 8 times more appreciated. It does mean if the Las Vegas Plaza intends to sell hotel condos you know to make a profit given the land price paid the price per square foot will set records in Las Vegas.

These are amazing times in Las Vegas during a soft real estate year across the US. What is that telling you about future announcements for land and hotel purchases to come?

True Blue
May 16, 2007, 5:04 PM
We can now say bye-bye to the Montreux and the 465 foot tall Farris Wheel. I never liked that design and then having a gimmick Farris Wheel to boot.

It will be a matter of time before the wrecking ball comes looking for the pink clown’s rear-end. The 2 star Circus Circus will be surrounded by 5 star hotels. In a few years, it will be MGM CityCenter part 2 for the north end of the strip

Superfish
May 16, 2007, 5:09 PM
Good news. This Plaza may very well take luxury to the next level. We would all like to forget Montreux and now we can.

Guess that really leave Riveria as the last piece in this north strip puzzle. It'll go soon enough.

ebatcave
May 16, 2007, 5:17 PM
I saw some other information regarding the Frontier sale:

Plans are to invest $3.5 billion to build a huge complex named after his flagship New York property, The Plaza, that will include a casino, 3,500-room hotel, residential construction, convention center and retail space.

Superfish
May 16, 2007, 5:42 PM
To no surprise, "Donald has already heard about the deal, and he was thrilled to death," Ruffin said. "This is going to be a really good deal for the towers, and it will help them out tremendously."

Thrilled to death, wow. Possibly one of the few things able to do that to him, besides firing people on his show.


Wynn probably is rejoicing too, the more luxury across the street the better.

Silas
May 16, 2007, 5:48 PM
I may be wrong about MGM land banking and North End stagnating. Seems like this deal is real. If it turns out otherwise then I'll know it was Trump cooking up something to sell Tower 2.

The dynamics of the market will be interesting to watch. For sure places like Sky and Trump will be in a construction zone for the next three or four years. That can't be good short term. Longer term it will be all about supply/demand. As the North End gets built up, the demand will go up - but so will supply. So ....?

Regardless of any market interactions, it will be great to see the Frontier come down and hopefully something awesome go up. Not sure how well 'The Plaza' in NYC will translate to Vegas. The Plaza has Central Park and midtown Manhattan action. It is perfect location - but what can itself bring to the table for fun? If it's just expensive hotel rooms/condos then I can't get too excited about it.

mdiederi
May 16, 2007, 5:59 PM
How many acres is the Riviera lot? The most recent bid is $374 million from Bruce Eichner (the Cosmo developer), which sounds like a steal compared to the Frontier deal. Riviera executives are scheduled to review the bid on Wednesday. Riv Acquisition withdrew their lower bid on Monday but said they might come back with a higher bid.

Superfish
May 16, 2007, 6:24 PM
It's 26 acres.

That big gap filled with random stores and other buildings between the Encore and Riviera is really unfortunate. The only other thing still alive there is the Majestic/Astoria but it's been silent for a while now.

The Icon, remember that? It would have been nice to see it. It may have even been completed by now if it had started.

But who knows maybe someone will come in, assemble those parcels, and buy it when the time comes.

MayDay
May 16, 2007, 6:55 PM
I'll be in Vegas this weekend, any requests for photos of construction projects? :)

The_Analyst
May 16, 2007, 7:16 PM
How many acres is the Riviera lot? The most recent bid is $374 million from Bruce Eichner (the Cosmo developer), which sounds like a steal compared to the Frontier deal. Riviera executives are scheduled to review the bid on Wednesday. Riv Acquisition withdrew their lower bid on Monday but said they might come back with a higher bid.

I was thinking the same thing. Anyone do the math on the cost per acre for New Frontier vs. Riviera? Riv is not in as prime a location but I wonder just how much of a discount is warranted for that. It's not like it is next to Stratosphere.

Also, regarding Circus Circus: I wonder if MGM Mirage has consistenly said it is staying as a way to ensure the employees dont all start leaving for other jobs. Redevelopment of CC is a few years off and I would think that announcing a demolition within a few years would not be good for employee morale or longevity during this interim time period.

mdiederi
May 16, 2007, 7:38 PM
I'll be in Vegas this weekend, any requests for photos of construction projects? :)
PH Westgate, Fontainebleau and CityCenter

Riv is not in as prime a location but I wonder just how much of a discount is warranted for that. It's not like it is next to Stratosphere.
Don't forget that the Strat just recently sold for over a billion, of course that included some smaller casinos elsewhere, but the Strat was the main thing the buyer wanted.

beets281
May 16, 2007, 8:09 PM
http://img365.imageshack.us/img365/5048/img4324ob8.jpg
You can really get an idea of how much taller the Plazzo is.
http://img53.imageshack.us/img53/2841/img4329ux7.jpg
Encore and Trump.

beets281
May 16, 2007, 8:19 PM
The correct spelling of the Wynn's new building is Encore BTW.

mdiederi
May 16, 2007, 9:22 PM
Oops, that typo thing is contagious. LOL

Where'd you shoot those photos from? The monorail?

You can see in that photo that the forms are off of the top of the core on Palazzo, so the core is topped out.

mdiederi
May 16, 2007, 9:55 PM
Riv Acquisition withdrew their lower bid on Monday but said they might come back with a higher bid.
Well, they just came back today with a $34 per share cash bid for the Riviera. It's a bidding war.

(http://lvbusinesspress.com/articles/2007/05/16/news/news_update/doc464b5be2a6ef6576788526.txt)

beets281
May 16, 2007, 11:34 PM
The pictures were taken from the top of the Renaissance parking garage. Infact you can get a nice view of the building clusters from there.

http://img175.imageshack.us/img175/5640/untitledtruecolor01pe0.jpg

http://img175.imageshack.us/img175/3903/untitledtruecolor04xh5.jpg

http://img521.imageshack.us/img521/2784/untitledtruecolor05pm0.jpg
:dancing: :awesome: :banana:

Superfish
May 17, 2007, 3:16 AM
Ah yes, the Metropolis. A pioneer in the current high rise boom. Too bad the backside sucks. Did they backside was somehow invisible? It's not the only one.

Turnberry Towers also does it though. For the great Turnberry there is no excuse. Even Allure makes the backside look great even though the area behind it is a ghetto.

I do think Icon tried to do it also as well.

Nice pix.

jazfingr
May 17, 2007, 7:31 AM
Great news about The Plaza

Great photos Beets.

The backside of Metropolis reminds me of the old days 20's-50's when they ignored the sides and back of buildings in most downtowns around the USA.

VegasBound
May 17, 2007, 4:00 PM
Great news about The Plaza

Great photos Beets.

The backside of Metropolis reminds me of the old days 20's-50's when they ignored the sides and back of buildings in most downtowns around the USA.

And to add insult they left off the spire on top that was part of the original design.

VegasMatt
May 17, 2007, 4:40 PM
^^^^

Yes, that Metropolis is a big disappointment. I had high hopes for that project. There was one good thing that came out of it though. After it was built, new rules were enacted ensuring all sides of new buildings, surrounding the Strip, must be fully finished.

mdiederi
May 17, 2007, 4:53 PM
Horse-drawn carriages downtown. (http://www.lvrj.com/news/7549757.html)

A downtown reverend and his cowboy business partner got the giddyup on Wednesday to run horse-drawn carriages through scenic downtown Las Vegas.

Superfish
May 17, 2007, 5:21 PM
:previous: yeah I just read about that. I lov downtown of course but even I don't know what to think of this.

But you will never know if it works if you don't try it first. I just hope the valley's crazy drivers don't cause too many equine accidents!

Superfish
May 17, 2007, 5:24 PM
Once again the stadium that always makes news but never gets anywhere proposes yet another location. Just build the freakin thing already or stop wasting our time with these "proposals." This is worst than all the proposed Voyager Ferris Wheels we had back then.


West Las Vegas among potential stadium sites
BY VALERIE MILLER

Talk about building a stadium in Las Vegas has developers on the move. Local businessman Jeffrey Fine is in the process of assembling land along Martin Luther King Boulevard for the proposed Las Vegas Events Center, while another developer has expressed interest, according to city officials and other sources.

As of last week, only one group had submitted questions to the city about building an events center. Nevada-based New Century Fun Parks has sent an inquiry to the city, according to Adam Sumner, the senior economic development officer on the project. A meeting is scheduled for Monday at 8 a.m., at City Hall, to discuss the events center project.

ALL IN THE FAMILY

Another would-be arena developer is eyeing a spot in West Las Vegas.

Jeffrey Fine, son of developer Mark Fine and the head of more than a dozen local Coffee Bean & Tea Leaf stores, is trying to acquire the 10-plus-acre site that includes the Cox Communications facility at 121 S. Martin Luther King, near Discovery Drive. The approximately 2.5-acre Cox complex belongs to Las Vegas Sun Publisher Brian Greenspun -- Jeffrey Fine's uncle. Greenspun's MLK Holdings is listed as the owner.

The site will be available soon. "The lease is up in 2008. That's why we are building our own building," said Cox spokesman Jürgen Barbusca.

The Cox building is across MLK from Costco Wholesalers and diagonal from land owned by Mark Fine. The elder Fine also has 17 acres at the northwest corner of MLK and Alta Drive.

Mark Fine acquired his parcel from Atlanta-based Ambling Development Co. for $27.6 million in February 2006. Resident protests had killed Ambling's proposal to build a $350 million condominium project there.

While the city only requires 10 to 12 acres as a minimum for building an events center, ideally it would like to see a larger project accompanying it, Scott Adams, the city's director of business development says.

That would make the combination of the potential Jeffrey Fine acquisitions and the old Ambling site attractive to the city, he adds. "So there is potential to tie the site together and maybe even more acreage," Adams opines. "That could be a large-scale development."

Retail, residential, mixed-use and restaurants could be staples of any project surrounding the Las Vegas Events Center, Adams says. That would enhance the potential profits.

Jeffrey Fine is also seeking to purchase the nearly 15-acre Desert Park Apartments at 100 S. Martin Luther King Blvd., just north of Costco, according to sources inside the city and neighborhood groups as well. Jeffrey and Mark Fine, and apartment owners Desert Park Holdings couldn't be reached for comment at press time.

ONE LITTLE PROBLEM

Even if Jeffrey Fine amasses enough land along MLK to develop the type of arena project the city desires, there may be one big strike against the site: The area is known for controversy.

Not only was the Ambling project quashed by neighborhood opposition more than a year ago. West Las Vegas residents have also fought a contentious battle for a neighborhood supermarket in the area for the past three years.

Vons vacated the shopping center at MLK and Lake Mead Boulevard but still owns the lease on Edmund Town Center, thereby controlling who the future tenant will be.

City officials were on the receiving end of plenty of blame at a community meeting last week. The gathering at Dolittle Senior Center on J Street brought out hundreds of residents to hear proposals from grocers including Tesco, Save-A-Lot and Mario's Westside Market. The city is offering to give $5 million in construction costs to the store selected.

While not mentioning the Martin Luther King-and-Alta area, Adams said the city had a desire for non-controversial locale for the events center. "We want to put it on a site that has the maximum impact, most chance of success. Obviously, one that might get caught in public controversy is not what we want," he added.

STICKER SHOCK

Any potential arena will likely have more than enough controversy to go around. Last year, the task force studying the arena estimated its price tag to be $404.7 million, not including infrastructure and property acquisition.

Without public money, the task force estimated the arena would lose $10.9 million annually over 30 years. That would amount to $17.3 million a year if an NBA or NHL team was to play there and share in the revenue.

Adams believes the project is workable without public funds. "Absolutely, you could do it without public money, but the problem is you would have to have the perfect site," he said. "You might be able to do that."

The city is considering using a newly-enacted Tourist Improvement District designation as a way to help finance an events center, he says. That would allow the city to rebate sales tax dollars to project developers.

beets281
May 17, 2007, 7:28 PM
This is worst than all the proposed Voyager Ferris Wheels we had back then.

Now that the Montreux is cancelled dont be surprised if this project is proposed again :dissy:

Superfish
May 18, 2007, 12:48 AM
Ferris wheels aren't that bad actually. Singapore is doing one. It's just that you need to have it in a good location. In many other cities a ferris wheel instantly becomes a focal point on the skyline. For Vegas though, simply sticking one in on the strip won't cut it. It will be overshadowed by other hotels.

I thought the original Rio location for the Voyager wasn't that bad.

Taurus702B
May 18, 2007, 2:59 AM
Ferris wheels aren't that bad actually. Singapore is doing one. It's just that you need to have it in a good location. In many other cities a ferris wheel instantly becomes a focal point on the skyline. For Vegas though, simply sticking one in on the strip won't cut it. It will be overshadowed by other hotels.

I thought the original Rio location for the Voyager wasn't that bad.

Yeah same here about Voyager. If they do build a ferris wheel it should have cool color and shape changes to it at night like the ones in Japan. We need more neon in Vegas!

Superfish
May 18, 2007, 3:52 AM
A flashing one eh? That would be pretty cool. We don't know yet but if many of the newer hotels will just have one single color on all the time at night it will be kinda drab.

A couple flashy lighting ones like that used with the Palm's logo, and of course the Stratosphere's nighttime pod lighting lights gives the city a more dynamic feel.

A 400ft wheel doing this will just take it to the max..

Superfish
May 18, 2007, 3:54 AM
</double post>

True Blue
May 18, 2007, 5:47 PM
I received an email from the Trump Sales Department related to the Plaza Hotel purchase. They of coarse are thrilled to have the Plaza Hotel next to them. Here’s part of the email they sent me.

1. TRUMP is synonymous with NEW YORK luxury. It never meshed with The New Frontier, or even the proposed Montreux. Now with a NEW YORK super luxury theme, we just moved onto 5th Avenue in New York where Trump Towers sits 4 acres away from the PLAZA Hotel (same owners).

2. Our buyers now will know what is coming next door instead of wondering if the aging property would remain. For a developer to pay $33 million an acre just for the land ASSURES our buyers that a spectacular project will rise on that site.

3. The condo offerings at The Plaza will be extremely high end (preliminary plan in discussion) and limited to about 300 super-luxury units. Should have no effect on our hotel-condo units except that we are sitting on land adjoining other real estate offerings that will be most probably priced at $2,000-$2,500 sq ft.

4. Our buyers who buy for the New York Luxury experience will now not only have the TRUMP branded restaurants and spa, but can also experience the flavor of an iconic New York landmark that will offer the world famous OAK ROOM, OAK BAR, PALM COURT etc. and most probably will bring into the project other New York experiences at the high end of luxury (no New York-New York type offerings at this project).


I remember when the Trump Tower hit $1,000 per sq ft back in 2005 and everyone thought that was crazy. Now were looking at $2,000 a sq ft and up.

Silas
May 18, 2007, 5:54 PM
problem for Trump Tower(s) is that it will be surrounded by a construction site for 3.5 years. It will be very isolated to say the least, connected to nothing and only landscaping seems to be its own multi-story parking structure.

It appears that Trump will be sitting fairly pretty in four or five years. Until then ..................... ?

Daquan13
May 18, 2007, 5:59 PM
Las Vegas itself will ALWAYS be u/c as far as hotels, condos rwestaurants and casinos go!

Business there is really booming!!

beets281
May 18, 2007, 6:38 PM
I work at UPS and yesterday a box busted open in the schutes and out came a bunch of silver cases with CityCenter CDs. I was pretty tempted to take one of the CDs to see what was on them. However it not worth losing a job over :haha:

RazzMan
May 18, 2007, 7:06 PM
I received an email from the Trump Sales Department related to the Plasa Hotel purchase. They of coarse are thrilled to have the Plasa Hotel next to them. Here’s part of the email they sent me.

1. TRUMP is synonymous with NEW YORK luxury. It never meshed with The New Frontier, or even the proposed Montreux. Now with a NEW YORK super luxury theme, we just moved onto 5th Avenue in New York where Trump Towers sits 4 acres away from the PLAZA Hotel (same owners).

2. Our buyers now will know what is coming next door instead of wondering if the aging property would remain. For a developer to pay $33 million an acre just for the land ASSURES our buyers that a spectacular project will rise on that site.

3. The condo offerings at The Plaza will be extremely high end (preliminary plan in discussion) and limited to about 300 super-luxury units. Should have no effect on our hotel-condo units except that we are sitting on land adjoining other real estate offerings that will be most probably priced at $2,000-$2,500 sq ft.

4. Our buyers who buy for the New York Luxury experience will now not only have the TRUMP branded restaurants and spa, but can also experience the flavor of an iconic New York landmark that will offer the world famous OAK ROOM, OAK BAR, PALM COURT etc. and most probably will bring into the project other New York experiences at the high end of luxury (no New York-New York type offerings at this project).


I remember when the Trump Tower hit $1,000 per sq ft back in 2005 and everyone thought that was crazy. Now were looking at $2,000 a sq ft and up.



Does anyone agree the Plaza news will help sell units for Trump Tower II in the short term? I do!!! How many units have reserved so far???
I think this will be incredible for the North strip and any buyers in Trump will do well over time. Even if SILAS is negative............maybe jealous.

bobmcelligott
May 18, 2007, 7:28 PM
Silas, put down the crack pipe, get a job and move out of your mother's basement. Try to contribute something positive. I'm only trying to help you friend.

mttbox
May 18, 2007, 7:51 PM
Silas, put down the crack pipe, get a job and move out of your mother's basement. Try to contribute something positive. I'm only trying to help you friend.

As a future Trump-LV owner to be, I actually think Silas maybe right on this one.

beets281
May 18, 2007, 8:14 PM
Trump is a residential building not a tourist attraction, the location is great.

RazzMan
May 18, 2007, 8:36 PM
As a future Trump-LV owner to be, I actually think Silas maybe right on this one.


Why do you think Silas is right...Silas may be right as a statement but it won't hurt your appreciation as any savvy investor will see this is a smart investment long term. I dont think it will hurt appreciation short term either. It just may make Tower I owners a little annoyed w/ the construction but wont hurt their investment. It validates why Trump's prices are high as he was the first visionary to see where the North strip is headed.

The_Analyst
May 18, 2007, 9:14 PM
It validates why Trump's prices are high as he was the first visionary to see where the North strip is headed.

I don't think I'd credit Trump with being a visionary of the North Strip. He did take a bit of a risk in developing a building a block off the Strip and behind a casino on its last legs, but you'd have to credit the Soffer family (Turnberry Place) with actually gambling that people would pay big money to live in a high rise on the north end of the Strip. Then Steve Wynn legitimized the direction of the gaming establishments in heading North. And, Allure and Sky were already underway well before Trump came along.

Of course, you might also have to thank Bob Stupak for building the Stratosphere as the first new development up that way in decades. But, you'd probably have to say he was just a wildcatter who managed to get something built on property he owned, rather than having a grand vision of the whole area.

RazzMan
May 18, 2007, 9:19 PM
I don't think I'd credit Trump with being a visionary of the North Strip. He did take a bit of a risk in developing a building a block off the Strip and behind a casino on its last legs, but you'd have to credit the Soffer family (Turnberry Place) with actually gambling that people would pay big money to live in a high rise on the north end of the Strip. Then Steve Wynn legitimized the direction of the gaming establishments in heading North. And, Allure and Sky were already underway well before Trump came along.

Of course, you might also have to thank Bob Stupak for building the Stratosphere as the first new development up that way in decades. But, you'd probably have to say he was just a wildcatter who managed to get something built on property he owned, rather than having a grand vision of the whole area.


Analyst - I think you know what I meant since the topic was about challenging Trump. He may have not been the visionary but everyone keeps doubting his location, project and price points. With two Towers, Plaza, Palazzo, Echelon, and Sky - I think he deserves some credit as the first real high end Tower and soon to be a bargain against some other one's.

gmcclenon
May 18, 2007, 10:17 PM
As an owner at Sky sitting in the middle of a construction and dust bowl, you take the bad with the good. The ONLY reason you can buy there still for $500 per square is because of the dust and crap everywhere. If one can hang until Fontainebleau and Echelon are done, you might make a tidy profit. So all that dust and noise is just music to my ears. Then again, ask in a few months of continuous pile-driving going on while I'm trying to sleep. No wait, that's San Francisco construction noise....

Anyway, people with money who are looking for lifestyle and no dust will gladly pay $1500 a foot at Project City Center or Palazo.

While everyone at Trump is waiting for The Plaza, Echelon and Encore, it has brand in the mean time.

All this condo stuff is really helping finance all these mega-construction projects. Can't wait to see what MGM has up its sleeve for the RV Park. I'm sure they'll cram it with hotel/condos. Wonder if the pricing will finally stabilize by then.

Vegas Grows Up
May 18, 2007, 11:42 PM
Just so everyone knows Trump Tower 2 (http://www.vegascondoscene.com/trump-las-vegas.html) has already reserved around 400 units out of the 1,280.

As of this writing, only 2 out of the 10 3 bedroom penthouses remain in T1 and are priced between 5.8 to 6.5 million. They are 3100 square feet.

In T2 there is only 4 units with this same floorplan (3 bedroom)

1 of the 4 is reserved with 3 remaining priced between 6.9 to 7.5 million.

bobmcelligott
May 19, 2007, 1:27 AM
Is anyone aware of the numbering system being employed on Trump? Someone mentioned this earlier, but this explains it in more detail. I'm not too happy considering I purchased a studio in Trump I on the "20th" floor, but it seems I'm actually on the 13th. Not concerned about the superstitious part, just that it's 7 floors lower than what I thought I bought:

Project Description

The standard method for numbering residential towers in the Las Vegas Valley is that the floor number corresponds to the level of the floor within the building. The units on that floor are then numbered corresponding to the floor in which they are located. For example, Floor 3 would be the 3rd level of the building and the units on that level would be numbered 301, 302, 303, etc. With this application, the applicant is requesting to deviate from the standard numbering system to allow an alternative floor/unit numbering system for the Trump Towers project. According to the applicant, during the design process, it was determined that the final height of the tower would be 640 feet high. Because of this, the top level of the building was assigned Floor 64. The numbering then proceeded down the building, ending with Floor 16 as the first level with condominium units. Below this level are 8 floors containing offices, recreation areas, parking and the lobby. If the building were numbered in the standard way, the first level of condominium units would be Floor 9 and the highest floor would be Floor 57. The applicant states that the individual unit numbers were assigned based on the floor numbers of 16 through 64 and contracts have been tendered based on those unit numbers.

The applicant states that in an effort to respond to concerns from emergency service providers, the project will be operated as a hotel with a front desk, security, FCC and phone switchboard. In addition, 24 hour security will be available to respond to any Emergency Response Teams. Any emergency in the building would be handled through the front desk, as is currently the case for hotels in Clark County.

Tower I is currently under construction and the application process has already started for Tower II. To maintain consistency between the two towers, the applicant is requesting that this numbering system be approved for both Towers I and II.

philip
May 19, 2007, 2:20 AM
I work at UPS and yesterday a box busted open in the schutes and out came a bunch of silver cases with CityCenter CDs. I was pretty tempted to take one of the CDs to see what was on them. However it not worth losing a job over :haha:

I am glad that you have the courage to resist the temptation, it was the right thing to do. Kudo to you man !!

RazzMan
May 19, 2007, 2:29 AM
Just so everyone knows Trump Tower 2 (http://www.vegascondoscene.com/trump-las-vegas.html) has already reserved around 400 units out of the 1,280.

As of this writing, only 2 out of the 10 3 bedroom penthouses remain in T1 and are priced between 5.8 to 6.5 million. They are 3100 square feet.

In T2 there is only 4 units with this same floorplan (3 bedroom)

1 of the 4 is reserved with 3 remaining priced between 6.9 to 7.5 million.


Aaron, those PH's in Tower I remaining have been on sale for over 18 months now w/ no bidders and they continue to lower/raise the prices every couple of months on those two units left. I thought the lowest PH left was 6.3M, now its lowered again to 5.8M. In Tower II they said all PH's were reserved except for one now its reversed and 3 of the 4 remain available. I already own a 3BR PH in tower I and concerned the deep pockets of the rich and famous are not going to come and eventually want in. With the Apprentice showing these units should have all reserved. Now there is no marketing ploy to sell the remaing 800+ units left.

Vegas Grows Up
May 19, 2007, 3:52 AM
Aaron, those PH's in Tower I remaining have been on sale for over 18 months now w/ no bidders and they continue to lower/raise the prices every couple of months on those two units left. I thought the lowest PH left was 6.3M, now its lowered again to 5.8M. In Tower II they said all PH's were reserved except for one now its reversed and 3 of the 4 remain available. I already own a 3BR PH in tower I and concerned the deep pockets of the rich and famous are not going to come and eventually want in. With the Apprentice showing these units should have all reserved. Now there is no marketing ploy to sell the remaing 800+ units left.

When I called yesterday those are the numbers they told me.

LMich
May 19, 2007, 4:58 AM
Can someone help me on something? I haven't been keeping up with the Echelon Place Resort, and just noticed, today, that the Shangri-La, Resort, and Suite hotels are all structurally one tower, now, though they will be ran as different hotels, apparently.

I also saw some shots and overviews on VegasTodayandTomorrow and noticed that the Mondrian and Delano also looked as if they'd been combined, but it wasn't quite as apparent in the renderings as the other three. So, are the Delano and Mondrian, structurally, one hotel tower with two different wings that will function as two different hotels? Or, are they also structurally two different hotels?

NYC2ATX
May 19, 2007, 6:21 AM
You know what's so funny? It just hit me now reading these recent posts that Trump and the new Plaza will be right next to eachother. :doh: :haha: Ah well.

That's gonna be pretty nice, to have to developments together in Vegas that won't be primarily tourist magnets. I hope that the plaza is some kind of attractive building that's not wide (like Montreux would've been, or like the many other megaresort towers in the city), but slender and tower-like. I also hope that its not an exact replica of the Plaza, but a reasonably modern building that pays homage to the grande dame in New York (Think 15 Central Park West!) Maybe the street-front buildings will resemble high-end New York shops, now that'd be something else. :D

LMich
May 19, 2007, 6:44 AM
No, I think the developer means replicating the Plaza as well as you can with modern materials and cheap construction methods, of course. This is Vegas we're talking about.

I have one more questions of any of you that keep up on LV development. I was just looking over an old proposal called Kimberly Place, that was to have risen at the southeast corner of Sierra Vista Drive and Swenson, which would have been directly east and south of Las Vegas Centrla just west. The development group, out of California, I believe, but in an application for rezoning back in October of 2005, but I haven't heard anything, since. Has anyone else heard about this one? Does Buchanan Street Partners still own this land?