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CHAPINM1
Jun 2, 2006, 6:59 PM
What's the update on Trump? Last update I saw was in April and it appeared to be on the 11th floor. How far up is construction now? Thanks in advance! ;)

The_Analyst
Jun 3, 2006, 12:31 AM
Montreaux's design is pretty unoriginal. I imagine the designers called a few construction suppliers. The conversation went something like, "Hello, I am calling on behalf of Phil Ruffin and we were wondering if you have any building materials we could buy really cheap." And someone responded, "Uhhh, yeah, we got some old wall panels and fake columns and roof tiles and stuff leftover from the Bellagio job. They're just sittin in our supply yard gettin dusty. If you want 'em, you can have 'em." And so the design was born.

Seriously, though, one must admit that if he is going for the midwest mom and pops, the quasi-southern European beaux-arts design probably comes pretty close to what they consider a 'fancy' casino. They probably can't afford $300+ per night at Bellagio so under $200 a night at something that looks similar is probably smart. I'll be curious to see if they go with really cheap fake details or try for something a little better quality. The interior designs look a little more interesting though.

InlandEmpire
Jun 3, 2006, 3:18 AM
So that's where all the cranes in this country are going! ;) Great projects going on down there... Vegas is growing up for sure!


http://img218.imageshack.us/img218/8867/gasworks0476mz.jpg

I'm really liking Sky:

http://img101.imageshack.us/img101/4138/gasworks0282fr.jpg

... but that Travelodge had some scary characters in the parking lot :sly: Can it be knocked down next?

BruceH
Jun 3, 2006, 5:25 AM
If you like Sky now, wait till you see the finished product. It is the most understated luxury condo in Las Vegas in the core Strip area. Inside the condos will be custom smooth walls, 6in detailed baseboards, granite kitchen counters, stainless steel back splash, special distressed wood cabinets for bathrooms, Bosch appliances, stone or wood floors, two tone painted interiors, sub-zero refrigerator, jetted master bathtub and the list goes on. The amenities are great from dog run, BBQ area, guard gated, three restaurants with one possibly being PF Changs, business center, movie screening room, party room, fitness center, racquetball court, cabanas along the pool and a lot more. The builders were so energy aware that they have two levels of tinted windows depending on the unit's sun exposure during the day. Amazing!!

ukmichael27
Jun 4, 2006, 5:58 PM
Cosmopolitan offers peek into Strip's future
By Liz Benston <benston@lasvegassun.com>
Las Vegas Sun

The Strip-front, 3,000-room Cosmopolitan Resort - with two towers of hotel rooms and condos and five stories of attractions - is a window into Las Vegas' sleeker, high-rise future.

While Las Vegas buzzes about other major high rises to open by 2010, the $2 billion hybrid Cosmopolitan is expected to open by New Year's Eve 2008, becoming the Strip's first mixed-use development.

With glass-enclosed shops overlooking the Strip sidewalk, rooftop beach club and hotel towers looking like rock crystals, the Cosmopolitan's flash-cube appearance will stand out like a New York socialite at a carnival.

In fact, the aptly named property, at the northwest corner of Harmon Avenue and Las Vegas Boulevard, will have more authentic New York flavor than the nearby New York-New York, with its faux art deco skyline and Statue of Liberty.

Cosmopolitan's developer is Ian Bruce Eichner, a New Yorker who built condo towers in his hometown and in Miami, but who until now hasn't ventured into the casino resort market.

By many measures, he reflects the kind of investor who previously had eschewed Las Vegas but has decided to come to town and tap its wealth.

Like other private investors, Eichner saw potential in Las Vegas' fledgling condo market. He has sold about 80 percent of the property's roughly 2,200 condo-hotel units - even after deciding to dedicate a few hundred hotel rooms to condo-hotel units midway through the design process.

Eichner wanted to take the next step by plopping residents atop a full-scale casino resort.

Business customers who stay at Hyatt hotels have already reserved more than $15 million worth of rooms in 2009 - the benefit of partnering with Hyatt and its reservation system to run the property's 800 or so hotel rooms.

The casino - at roughly 75,000 square feet - will be smaller than most Strip resorts. Its 275,000 square-foot retail area and 33,000 square-foot spa, located several floors up, will be on the large end of the spectrum.

Eichner said he hopes to create enough of a brand with his Las Vegas resort to take it to other high-end destinations.

And of course he'll have a headliner for one of two showrooms.

He is cultivating a home-grown management team with former Wynn Resorts Ltd. attorney Marc Rubinstein and former Mirage Chief Financial Officer Bob Kocienski.

Before the Cosmopolitan's developers can start building upwards, they've been digging down about 90 feet - to accommodate a five-level underground parking garage.

It's deeper than the underground garage Venetian developers are building at their neighboring Palazzo resort, but is similar in design.

The excavation of more than 1 million cubic yards of dirt will begin in July and take about six months to complete.

Extensive subterranean parking, a necessity in other major cities where buildings are sandwiched together and land is scarce, is a novelty here.

Deeper underground parking structures will become more commonplace as resorts take up virtually every bit of developable land, said Steve DeWees, Perini Building Co.'s senior project manager for the Cosmopolitan.

In fact, because the building will fill almost every square foot of the 8.5-acre site and there is no room for off-site construction cranes, the Cosmopolitan will be built using up to five cranes mounted to the side of the building as it moves upward.

Even though construction has just begun, analysts say Eichner's investment - at roughly $11 million per acre - already has at least doubled in value.

Vegas Grows Up
Jun 4, 2006, 9:54 PM
I had the the amazing chance to tour the SOHO Lofts the other day and it was AWESOME! I did not take any interior shots however I did take these shots and made a panorama of Downtown. The dirt lot in middle of the picture is JUHL.

Being 17 floors up and looking at Downtown really gave me an idea how these "villages" will play out. I saw real estate from a different angle then I ever have and cant explain how excited I am for downtown. For any of you on my newsletter I have a BIG downtown article coming soon. If you do not receive my article VIVA VEGAS feel free to email me at Aaron@LuxuryRealtyGroup.com to get on it.

http://img275.imageshack.us/img275/6341/1111114un.jpg

Reverie
Jun 4, 2006, 10:27 PM
Anyone have updates about the Club Renaissance? I would love to see that building break ground but last time there was still a house on the lot. A single house standing in the way of downtown's soon to be pride and joy...


W Will Save Our Las Ramblas and Hard Rock

No not Bush, but Starwood Hotels.


INSIDE GAMING: Rumored project will keep Harmon hot

Talk of the town suggests Starwood is putting together a deal to bring its W hotel project together with Las Ramblas and the Hard Rock condos. This would mean that the Harmon Avenue corridor transformation will survive the apparent demise of movie actor George Clooney's hotel-casino project, Las Ramblas, and Peter Morton's Hard Rock condominiums.

With the Cosmopolitan, Project CityCenter and the Planet Hollywood Hotel and Casino coming alive at Harmon's west end, it looks as if the area could still become Las Vegas' new urban core.

philip
Jun 4, 2006, 11:36 PM
Montreux has taken the first step toward bankruptcy.

Not only the hotel tower is obviously a Bellagio-copy like some of you already pointed out, but there is also nothing interesting about the shopping mall on the ground level either. Remember the last time someone did a straight-line shopping mall at the front entrance to his hotel"

YES: "ALADDIN".

In addition, there is nothing in the hotel that will make you want to get inside the building. Bellagio has the Conservatory, Venetian has the Canal, Paris and Caesars has the European streets. What makes Montreux think it will make me want to go inside the building just to shop when there is nothing else to look at. The interior decor is just awful, and the pillars are tacky. These pictures seem to have been taken from a hotel that's about to BE IMPLODED, not from a hotel that is about to BE BUILT !!

Someone will never learn from the mistakes.

http://www.bluesky-computers.de/images/product_pictures/casebadges/CST-0255.jpg

Reverie
Jun 5, 2006, 3:33 PM
"The first phase of units at W Las Vegas is 200 percent reserved, he said."


well if you had any doubts about the high rise demand in LV....

Edge Resorts plans boutique hotel district at Las Ramblas site


The 25-acre Las Ramblas project on Harmon Avenue has been sold to Las Vegas-based developer Edge Resorts for $202 million, an executive said Sunday.

Las Ramblas, a joint venture between Las Vegas-based Centra Properties and The Related Cos. of Florida, was announced in early 2005 as a $3 billion mixed-use project that would include 4,000 condo-hotel units, upscale shopping and restaurants.
Advertisement

Centra and Related paid $75 million for the property, currently the site of the Harbor Island apartments.

Actor George Clooney and nightclub owner Rande Gerber were brought on as partners to help make Las Ramblas a hip destination in Las Vegas, strategically located between the Hard Rock hotel and the new W Las Vegas hotel being developed by Starwood Worldwide and Edge Resorts.

Adam Frank, principal of Edge Resorts, said the new project, known as Edge East, will be developed as a complementary master plan to the W Las Vegas hotel.

"The idea is to have smaller hotels, boutique hotels, with a central casino," Frank said. "The concept is similar to the meat-packing district in New York or South Beach in Florida where you have this critical mass of contemporary, upscale hotels. It creates an enviroment that's different from what's in Las Vegas now."

Frank said it's too early to tell what the mix of condominiums and condo-hotel units will be, but he knows there's strong demand for condo-hotel product in Las Vegas. The first phase of units at W Las Vegas is 200 percent reserved, he said.

He said everyone was excited when some $20 billion of development was announced for the Harmon corridor last year, stretching from the Hard Rock expansion on the east to the Palms expansion on the west.

"Now we can really control the destiny of what gets built there," Frank said. "If you look at the access to all 50 acres, it's incredible. We've talked to a lot of hotel brands who want to be in Las Vegas."

Las Ramblas was rumored to be in trouble earlier this year when Related canceled plans to build the twin Icon Towers on Convention Center Drive.

Marty Burger, president of Related Las Vegas, denied reports at the time that Las Ramblas was "DOA" after Icon was canceled.

"Bottom line, look at whose projects are on the books here and who has the experience in getting it done," Burger told the Review-Journal.

Burger would not discuss details of the sale Sunday.

"It would be easy to say the project failed," Frank said. "The truth is they had a lot of options for that property. They could have held out. They could have developed it themselves. Ultimately, the best use was to have one developer."

philip
Jun 6, 2006, 1:59 AM
Google Map just updated its satellite pictures of the Las Vegas Strip. They are using a new 3D satellite system that can take images of the same object from different angles at the same moment.

http://www.bestonweb.net/smiley.jpg

Click here to see for youself (Look at Turnberry Place):
http://www.google.com/maps?f=q&hl=en&q=las+vegas&ll=36.137537,-115.155998&spn=0.00389,0.01339&t=h&om=1

LMich
Jun 6, 2006, 2:19 AM
Not the greatest news, but in my research for Emporis.com, I've found that because of its location to the airport, the architects of the W Resort are being forced to shortern their towers. They told me they'll let me know the new height when the complex floor plates are redesigned to make up for the height loss.

Bender13
Jun 6, 2006, 2:53 PM
Snuggled between Circus Circus and Sky, a Maxim magazine hotel and casino planned.

http://www.reviewjournal.com/lvrj_home/2006/Jun-06-Tue-2006/business/7793971.html
http://www.reviewjournal.com/lvrj_home/2006/Jun-06-Tue-2006/photos/maxim.jpg


Jun. 06, 2006
Copyright © Las Vegas Review-Journal

GAMING IN NEVADA: New north Strip hotel planned

Maxim magazine, developer slate $1.2 billion project

By HOWARD STUTZ
GAMING WIRE
The north end of the Strip has picked up another potential tenant.

Maxim magazine and Southern California-based real estate developer Concord Wilshire Partners announced plans Monday for an estimated $1.2 billion hotel-casino themed on the best-selling men's lifestyle magazine.

The magazine's publishing company said it hoped to open a 2,300-room hotel with a 60,000-square-foot casino just north of Circus Circus and Riviera in 2010.

"It's not a themed place along the lines of New York-New York or The Venetian, but it's what we would describe as a fun, stylish and modern resort with a four-star hotel that is accessible with great service and great amenities," said Barry Pincus, director of brand development for Dennis Publishing.

Concord Wilshire spent $90.25 million last year to acquire four parcels totaling 7.65 acres, according to the Clark County Assessors Office.

The largest parcel, 5.12 acres, has an entrance off Circus Circus Drive. Two smaller parcels give the property some valuable Strip frontage while a parcel of less than half an acre expands the entrance from Circus Circus Drive.

The Maxim project is directly across Las Vegas Boulevard from where Turnberry Associates and former Mandalay Resort Group boss Glenn Schaeffer said they would build a $1.5 billion Las Vegas version of the Fontainebleau, a Miami Beach hotel.

The site is surrounded by Circus Circus's low-rise motel rooms and the hotel-casino's recreational vehicle park and is in the shadow of the 40-story Sky Las Vegas condominium tower.

Concord Wilshire Chief Executive Officer Steve Sirang did not return phone calls Monday. In a statement, the company said it has $7 billion in projects under development but is new to the hotel and casino business.

In 1988, Sirang, a former stock market trader, was convicted in federal court of seven counts of bank and wire fraud in connection with bad checks and illegal fund transfers during the 1987 stock market crash. A federal appeals court upheld the convictions in 1995.

On six of the counts, Sirang was sentenced to one year imprisonment for each conviction to be served concurrently, five years suspended sentence on one count, and five years probation with a condition that he pay $1.4 million in restitution. It is unclear whether he spent any time in prison.

Dennis Publishing is aware of Sirang's convictions.

Pincus said a hotel operator and an experienced casino operator would be brought in to oversee the day-to-day operations of the Maxim. Design of the project is still preliminary, but Pincus said 2,000 of the rooms would be designated as condominium-hotel units, rooms that are owned by private investors but turned over to the hotel management and leased to guests when not in use.

Concord Wilshire, Pincus said, would handle financing for the project.

Gaming Control Board member Mark Clayton said even if Concord Wilshire is just the landlord for the Maxim hotel-casino, some investigation may be required by Nevada regulators.

"Given the criminal conviction, it seems we would have to examine the matter even if it's just an informal review," Clayton said.

With much of the land on the Strip's south portion accounted for, development activity has begun to focus on the Strip's north end.

The Sahara is for sale, the Riviera is being sold and Boyd Gaming Corp. is planning a $4 billion redevelopment of the 63-acre Stardust site.

Morgan Joseph gaming analyst Adam Steinberg said the Maxim project is a long shot from the start.

"You have two companies with no experience in the gaming industry and it's not in a great location," Steinberg said. "The subscribers list to Maxim is a decent start to a database, but they are going to have to bring in a very experienced team to run the casino."

Rob Frankel, a national branding expert, said Maxim has surpassed Playboy as the leading men's lifestyle brand magazine. If the property is built, the brand should translate easily to a Las Vegas audience.

"Maxim is what young men in Las Vegas are all about," Frankel said. "Las Vegas and Maxim are very compatible brands, far more than Playboy. Playboy was 'it' during the Rat Pack era but they are not the voice and style of young men today."

The Maxim, based on the magazine's emphasis toward the interests of a young and affluent male audience, would seem to be in the market to compete with the Palms and Hard Rock for customers. Maxim magazine has been published in the United States since 1997 and has a circulation of more than 2.5 million.

Dennis Publishing is being paid an upfront fee for use of the Maxim name. The magazine's owner would also collect an annual fee and would share in revenues generated by hotel rooms, restaurants and retail operations.

However, Pincus said Dennis Publishing would not pursue a Nevada gaming license and will not share in the casino's gaming revenue.

"Obviously, we're still in early in the project but Maxim will be actively involved in all aspects of the development of the hotel and casino," Pincus said. "We will decide the overall look and feel of the property."

Pincus said a lounge operated by Rande Gerber, who runs the Cherry nightclub at Red Rock Resort and the Whiskey Bar at Green Valley Ranch Resort, would be part of the Maxim.

Blender magazine, a music-oriented magazine operated by Dennis Publishing, would have involvement in the indoor and outdoor concert spaces.

The name, "Maxim," is not foreign to Las Vegas. A Maxim hotel-casino, not affiliated with the magazine, operated on East Flamingo Road across from Bally's for several decades. The property is now owned by Columbia Sussex Corp. and is known as The Westin.

"We think enough time has passed so there wouldn't be any confusion," Pincus said.

Reverie
Jun 6, 2006, 3:39 PM
here's Trump for the person who asked a while back.

http://img103.imageshack.us/img103/3764/0735cx.jpg (http://imageshack.us)

SKy Las Vegas, look how tall it is by comparing to the cars below

http://img319.imageshack.us/img319/3291/747pp.jpg (http://imageshack.us)

colemonkee
Jun 6, 2006, 5:02 PM
Damn! Trump's already starting on the glass...

CHAPINM1
Jun 6, 2006, 5:34 PM
Thanks for the update!

BrandonJXN
Jun 7, 2006, 2:45 AM
Any news on Stanhi? And when will we see renderings of Encore?

LMich
Jun 7, 2006, 2:59 AM
They never put out a rendering for Wynn Las Vegas; I doubt seriously that we'll see a rendering of Encore.

future29
Jun 7, 2006, 3:34 AM
you are never going to see any renders from Steve Wynn.

i really hope they clean up the junk around Sky. and its absoultely a disgrace to look at strip pictures like the one above and have to see line after line of electric and phone wires. Truly an ugly site. Atleast on the strip they should lay those lines underground if nowhere else. the huge power lines by Caesar's need to go too!

philip
Jun 7, 2006, 7:54 AM
the huge power lines by Caesar's need to go too!
I wonder why they haven't done it already. I thought they would put the power lines underground when they built the Augustus Tower, but they didn't. Now look how ugly it is to have that huge power line passing by their hotel windows.

JonVegas
Jun 7, 2006, 8:45 PM
Lmich, I heard this second hand but apparently there was a model of the Wynn that could be viewed in the Wynn Collection building(D.I.). Perhaps there will be a similar model for Encore.

Anyone else enjoy all the rain today?

vegasrain84
Jun 8, 2006, 3:15 AM
Anyone else enjoy all the rain today?

No, I just washed my car, and now its all dirty again!!

fflint
Jun 8, 2006, 12:02 PM
you are never going to see any renders from Steve Wynn.

i really hope they clean up the junk around Sky. and its absoultely a disgrace to look at strip pictures like the one above and have to see line after line of electric and phone wires. Truly an ugly site. Atleast on the strip they should lay those lines underground if nowhere else. the huge power lines by Caesar's need to go too!
I noticed that myself last week in the Caesar's pool--monster wires to the south. Really noticeable. Surprising for such a new city and for such a nice property.

ukmichael27
Jun 8, 2006, 2:11 PM
From today's Review Journal on Wall Street Towers: "Workers will break ground on the condo towers next week."

"The Las Vegas City Council on Jan. 18 voted 6-0 to approve its two 650-foot-tall condominium towers, plus retail and office space. But city staff and nearby residents opposed the development, citing traffic concerns and incompatibility with nearby industrial zoning, among other objections."

Im glad that project is getting off the ground.

Bender13
Jun 8, 2006, 3:11 PM
I saw this article this morning and and was going to post it, but you beat me to it. The article is actually about a second furniture mart called World View Plaza that will compete with the World Market Center. The new furniture mart is part of the Wall Street towers complex but has not been approved yet.
http://www.reviewjournal.com/lvrj_home/2006/Jun-08-Thu-2006/business/7835945.html
http://www.reviewjournal.com/lvrj_home/2006/Jun-08-Thu-2006/photos/worldmap.jpg
But the most important part of the article was that the condo portion of the project (Wall Street Towers) breaks ground next week. This is great news because personally I was thinking that these towers would end up on the cancelled list. I'm glad they proved me wrong.

Reverie
Jun 8, 2006, 4:03 PM
Another "T" crane is being put up now at the One Las Vegas condo tower site in the South Strip. It seems to be the Southernmost crane of that type in the Valley thus far.

For the record, I also know there's two T cranes in the far far northwest valley building a hospital in Centennial Hills.

Allure
http://img342.imageshack.us/img342/9044/765dz.jpg (http://imageshack.us)

LMich
Jun 9, 2006, 12:43 AM
From today's Review Journal on Wall Street Towers: "Workers will break ground on the condo towers next week."

"The Las Vegas City Council on Jan. 18 voted 6-0 to approve its two 650-foot-tall condominium towers, plus retail and office space. But city staff and nearby residents opposed the development, citing traffic concerns and incompatibility with nearby industrial zoning, among other objections."

Im glad that project is getting off the ground.

Can you please post the article? I'd be interested in reading it, in full.

Reverie
Jun 9, 2006, 1:44 AM
From Reviewjournal.com:


MARKETPLACE: Hearts set on second mart

Proposed World View furniture mart would become rival to World Market Center

By CHRIS JONES
GAMING WIRE

Wall Street Nevada wants to build a 1 million-square-foot furniture showplace and two high-rise condominium towers on land it acquired south of Charleston Boulevard.

Is there room enough in downtown Las Vegas for a second major furniture market?

The backers of World View Plaza could soon find out.

Las Vegas-based Pierce Development and The Merrill Cos. of Woodland Hills, Calif., have jointly assembled nearly 8 contiguous acres on the south side of Charleston Boulevard just east of Interstate 15.

Their partnership, collectively known as Wall Street Nevada, wants to build a 1 million-square-foot furniture showplace on the southern half of its land. The proposed 13-story tower would complement two high-rise condominium towers recently approved for the site's northern half.

World View Plaza's combined developments would cost approximately $700 million, Craig Katchen, Pierce Development's chief executive officer, said this week.

"We're steaming ahead," Katchen said.

Workers will break ground on the condo towers next week. Wall Street Nevada has "quite a bit of cash," Katchen said, though it has not raised all of the money required to build the furniture market.

If constructed, World View Plaza would be the first local competitor for World Market Center, a $2 billion furniture showcase located a mile or so north near the I-15-U.S. Highway 95 interchange.

Los Angeles businessmen Jack Kashani and Shawn Samson, in partnership with The Related Cos. of New York, opened World Market Center's $200 million, 1.3 million-square-foot first phase last July. It hosts biannual furniture shows that draw exhibitors from around the world.

Proponents hope World Market Center will enable Las Vegas to become the nation's top furniture showplace, a distinction enjoyed for nearly a century by High Point, N.C. Early returns suggest the local market is a hit thanks to its new, centralized campus and this city's world-class hospitality industry.

Wall Street Nevada is interviewing brokers who are familiar with furniture manufacturers who exhibit in North Carolina; it hopes to persuade some to also show their wares at World View Plaza.

"It's kind of a 'High Point West,'" Katchen said. "People who didn't get in on World Market Center would have an opportunity with us.

"People we've talked to in High Point feel that there's room for another spot. We're only doing 1 million square feet vs. World Market Center's 12 million square feet, but we're giving people a choice."

World Market Center's second tower will add 2 million square feet early next year. By 2012, developers plan to build six additional buildings, raising the 57-acre campus's permanent exhibition space to approximately 12 million square feet.

It's too soon to speculate whether Katchen's tenants would exhibit in late January and July, periods when World Market Center drew 70,000 to 50,000 visitors to its first two events.

World Market Center spokeswoman Dana Pretner said Wednesday her project is unlike World View Plaza because World Market Center is a trade-only showroom complex that does not include housing, stores and offices.

Pretner also suggested visiting furniture buyers would not favor the idea of traveling to a separate market, a practice that's frequently cited as High Point's biggest weakness.

"After six years of research and leasing, we know that industry buyers want to be part of our integrated campus," Pretner said via e-mail. "Our project is based on the principle of creating a critical mass."

However, World Market Center must now shuttle attendees to and from Mandalay Bay and the Las Vegas Convention Center until more permanent space is available at its downtown campus. World View Plaza would offer showgoers a much closer alternative.

Along with securing tenants and financing, World View Plaza must still clear several hurdles.

The Las Vegas City Council on Jan. 18 voted 6-0 to approve its two 650-foot-tall condominium towers, plus retail and office space. But city staff and nearby residents opposed the development, citing traffic concerns and incompatibility with nearby industrial zoning, among other objections.

Similar concerns could arise around the furniture showcase.

World View Plaza could also present a dilemma for Las Vegas Mayor Oscar Goodman, who's lived for 30 years in the tony Scotch 80s neighborhood just west of the World View Plaza site across I-15.

The mayor's support would bolster a project that could bring millions in tax revenue to the city. But a favorable vote would likely upset some of Goodman's neighbors.

"This neighborhood already suffers egregiously from people who drive through it to avoid the intersection of Rancho (Drive) and Charleston," said Sharon Green, who's lived in Scotch 80s since 1990.

But Dan Piper, a 20-year Scotch 80s resident and past president of its homeowners association, said the freeway should act as a buffer to any added traffic the furniture market might create. He's more worried about the height of the condo towers, a moot point given the city's January vote.

Goodman spent Wednesday in a daylong City Council session and could not be reached for comment, a city spokesman said.

Jeff LaPour, whose $3.4 million Holsum Lofts project is directly north of the World View Plaza site, was traveling Wednesday and could not be reached for comment.

World View Plaza's furniture market plan will be reviewed by the city planning commission "within the next 60 days," Katchen said. He expects a City Council vote sometime in August.

Wall Street Nevada is a limited liability company formed in January, Nevada secretary of state records show.

The Clark County assessor indicates the company in March 2006 paid $3.65 million for more than a dozen parcels that form its nearly 8 acre site. The property spans approximately one-quarter mile north to south between Western Avenue and Union Pacific's railroad tracks.

Chanos Cousins, a limited liability company established by Nevada Attorney General George Chanos, recently sold 3.47 acres to Wall Street Nevada, Katchen said.

Chanos Cousins still owns approximately one-third of an acre at the southernmost tip of Wall Street Nevada's land; the property will not be included in World View Plaza.

George Chanos last year placed Chanos Cousins in a blind trust to avoid conflicts of interest surrounding the land sale to Wall Street Nevada. His office is investigating the city's controversial land sales involving developer Bill Walters.

An investor prospectus obtained by the Review-Journal shows a proposed flyover linking Martin Luther King Boulevard and Industrial Road. The elevated roadway would run through the World View Plaza site and over Chanos' property, Katchen said.

That alignment could benefit Chanos, who told the Las Vegas Sun in January, "If (the Nevada Department of Transportation) wants to run their bridge over that little piece, they're welcome to. They'll just have to pay fair market value and I won't contest it."

Maps show Western Avenue would be realigned around World View Plaza, funneling traffic directly into Grand Central Parkway at Charleston. Wall Street would be vacated to make way for the development.


Note there is an image render of the new market center with the wall street towers in the actual newspaper which is not shown on the website.

2nd note that a camera pan ofthe project site shown on the news shows it still to be filled with some warehouse buildings. So this "groundbreaking" may first involve the usual bulldozing and grading before anything resembling a building takes shape. I havn't seen any advertising of units for sale yet either, which obviously must begin soon. It would be a damn fine sight to see the two towers driving along by I-15. They would look huge since they're so close. These will be icons of downtown LV no doubt about it...

Just learning to use Google Sketchup to place buildings on the map but here's my downtown.
http://img98.imageshack.us/img98/858/wst8ge.jpg (http://imageshack.us)

Patrick
Jun 9, 2006, 8:32 AM
nice^

Here are some updates (yes I'm still here but I've been busy lately which is why havent posted much lately)

- 4275 Dean Martin is now renamed Rocker Tower at 4275 Dean Martin according to the official website

http://www.4275deanmartindrive.com/

- Las Vegas Central finally has a new website after what a year or two? Not that many new things unless you register but there is a new rendering, Still like the old design but they still look cool :)

http://www.hiriselv.com/images/buildingsp.jpg

- Evolution is now called Evolution Lofts, according to the official website Tower One is about to start selling. The Tower is 28 floors high

http://www.evolutionloftsvegas.com/

http://img135.imageshack.us/img135/7480/ghj3nf.jpg

- Metropolis has a new designed website, with a picture of the finished tower (looks nothing like the renderings)

http://www.metropolislasvegas.com/index.html

http://img135.imageshack.us/img135/7391/ghj2du.jpg

- Streamline has a new website plus new renderings videos, and a webcam. Also according to the website excavation has started, utility relocation is completed.

http://www.streamlinetower.com/index.php

http://streamlinetower.com/gallery/pics/22_1134092466.jpg?1149840586 http://streamlinetower.com/gallery/pics/21_1134092340.jpg?1149840673 http://streamlinetower.com/gallery/pics/17_1134091063.jpg?1149840682 http://streamlinetower.com/gallery/pics/20_1134092182.jpg?1149840715

- The Pinnacle has a shiney new website, not much but the opening intro and a description.

http://www.thepinnaclelasvegas.com/

Patrick
Jun 9, 2006, 8:39 AM
Wall Street Towers Redesigned

The Wall Street Towers are now called the World View Towers according to the architects website. I think the new design is way better :)

http://www.wphinc.com/projects/highrise/wallstreet/mainwall.jpg

LMich
Jun 9, 2006, 8:58 AM
Hey, do you happen to know the status of these projects:

1. Kimberly Place Towers I-III: I guess this is proposed near Las Vegas Central?

2. Dynasty Tower/Rio Drive Tower/Hunter High-Rise

3. Flatiron

4. Mandarin Oriental Hotel for CityCenter: Has it been approved?

5. H.U.E. Lofts at Art Central: Has it been approved?

6. Vegas 88: Is this one still on?

Just trying to keep the Emporis status' current.

captkaos
Jun 9, 2006, 4:50 PM
Thanks for all the great pictures everyone. I was wondering if Planet Hollywood was still painting its building, does anyone have any new pictures of the Planet Hollywood??? Thanks

GeorgeLV
Jun 9, 2006, 5:22 PM
- Streamline has a new website plus new renderings videos, and a webcam. Also according to the website excavation has started, utility relocation is completed.

http://www.streamlinetower.com/index.php

http://streamlinetower.com/gallery/pics/22_1134092466.jpg?1149840586 http://streamlinetower.com/gallery/pics/21_1134092340.jpg?1149840673 http://streamlinetower.com/gallery/pics/17_1134091063.jpg?1149840682 http://streamlinetower.com/gallery/pics/20_1134092182.jpg?1149840715


Streamline is well under construction. The foundation has been poured and a crane erected.

Patrick
Jun 9, 2006, 10:24 PM
What do you guys think of my Montreux Las Vegas Diagram...UGH! its so ugly, I hate the fact that it looks just like the Bellagio just compare it to the real bellagio.

(both my drawings)

http://skyscraperpage.com/cities/?buildingID=7788&drawingID=40973 http://skyscraperpage.com/cities/?buildingID=7788&drawingID=27725

Reverie
Jun 9, 2006, 10:50 PM
Those two are so similar that it's scary.

World View, a better name I'd say. I won't have to kept thinking of the stock market anymore when refering to it. Except now I'll have to fix my 3d skyline though.

The new design is superb. It doesn't look boxy anymore.

Don't kill me for saying this, but I think World View looks like Las Vegas Central before the downsize.

I've heard about Tommy. Aside from Club Ren, this tower is a fav to me because it's so thin and efficient, like real buildings in denser cities around the country.

ScottG
Jun 9, 2006, 11:57 PM
i go away for 2 weeks and look what i miss.

so much can happen in vegas so fast - its crazy.

im sure montreu will be redisigned many times. - its looks like the left half is actually set back from the right half, meaning that central cylendical tower (like bellagio has) seperates the two wings, so looking down on the building its makes an angular 'S' shape - (im guessing)

how is wold view/ wall street under construction: no advertising, no sales, nothing ?! - the 4th design is real nice, resembles the first very much.

what happened today that so many projects are renamed, redesigned, or given more webspace. ?

club ren is slippin thru the cracks i beleive.......

a sec hotel (maxum) next to circus circus =/ - funny that kiddy place needs to go i say!

its great to see pinnacle, evolution, and central getting ground.

now things like stanhi, renzi, and conrad/majestic, echelon, west ward ho, fontainblau (which should be releasing 'stuff' soon) all need to get on the boat and get goin!

on the diagrams list there is an mgm hotl expansion - whats that about?

and the 4th and 5th tower for signature at mgm? they are alot taller than the other 3....?????

im think flatiron and the rest of those 702 groups renderings MIGHT be just a concept....=/

super glad the market isnt not only NOT poped but geting bigger as time goes!!!!!

(btw looks like trump towers are goin with the balcony design - notice in the montruex rendering there are white balconies....-bleh)

oh yea - vegas 888 has there sales office open...rumor has it the 50 million dollar penthouse on the top floor has been sold....

the fantasy tower at the palms is now up and running - even tho is still u/c (still u/c!!!!) visit palmsfantasy.com

also i herd sky is looking to buy near by land to make a second tower. (so i hear- no quoting!)

ScottG
Jun 10, 2006, 12:03 AM
any gueses on this 'new' resort?

http://img204.imageshack.us/img204/2797/untitled9al1.png

Daquan13
Jun 10, 2006, 12:51 AM
^^^^^ i thought club ren construction would not jump track as fast as it sounded.....:shrug: ....whats to come......?


_____________________________________________________________________
ANYWHO....

ever wonder what the stratosphere would look like with some damage?
http://img95.imageshack.us/img95/3064/untitled8cv.jpg
http://img95.imageshack.us/img95/2105/domino10rh.jpg
http://img97.imageshack.us/img97/8238/domino28nq.jpg
http://img95.imageshack.us/img95/663/domino38ev.jpg

YES THESE ARE FAKE!

so remember a while back, i mention this movie: DOMINO? well here are some screencaps of the ending.......(its not ruining the movie for ya- its shown in the trailer that the stratosphere gets blown)



WOW!!!

Those pics really look scary even though they're fake!!
Horribly reminiscent of 09-11!

I've been away from this thread for so long that I forgot about it.

Reverie
Jun 10, 2006, 4:05 AM
Quickly did some more buildings, yes most of them are box skeletons but I couldn't stand looking at an outdated skyline in google earth, and making buildings was somehow fun. But the height is correct since I used the diagrams page info from ssp!

And now I've put up a google earth file of the buildings for any other google earth user else who wants them added in the city.

http://www.yousendit.com/transfer.php?action=download&ufid=8BBB8DE832BCC7E5

Just download the file, open google earth, then open my kmz file and it will put the buildings into the map automatically.

If I update it again in the future I'll put up an updated version. (Or you could download google sketchup and try making some buildings yourself, it's not that hard and post them here). We could add all the best buildings and make an ultimate future vegas skyline file package.

Simulated view from the Stratosphere from some future buildings.
http://img98.imageshack.us/img98/2884/googlelv3mz.jpg (http://imageshack.us)

google sketchup download - program comes with a good tuorial that only takes a half hour or so to do.
http://sketchup.google.com/

placing your buildings into google earth
http://sketchup.google.com/support/bin/answer.py?answer=36241&topic=8539

ScottG
Jun 10, 2006, 4:56 PM
Pinnacle Condominium Price Increase
Pinnacle Las Vegas
Pinnacle Las Vegas
more images
Pinnacle Las Vegas has announced an increase of interest particularly in May 2006, and the current block of pre-released high rise residences is nearly sold out. At of the end of May they will release the next block in line. As a result Pinnacle Las Vegas also went though a 5% price increase.

Pinnacle condominiums will still be available at the original price for a short period of time for buyers that have previously expressed interest in the project. By placing a reservation now, buyers will benefit not only from the unit price increase but also from an amenities price increase.

The extension for expressed interested buyers in Pinnacle Las Vegas will have until Saturday, June 3rd at 5 pm (PST) to receive the reserved units at current pricing. Requests for the few remaining units in block one of Pinnacle condominiums will be accommodated on a first come first served basis, therefore, time is of the essence.


.....

heres a ton of renderings of the village at queenridge http://www.manhattanization.com/las-vegas/the-village-at-queensridge/images.rub

.....

Las Vegas Buyers Sue Developer
The Related Group
Exterior Rendering of Icon
>>more images
A large group of condominium buyers that bought into Icon Las Vegas, a now cancelled high rise project, have filed a lawsuit against the developer Related Las Vegas, claiming that the company violated the purchase agreements.

The lawsuit was filed last week in Clark County District Court by 16 buyers from both California and Nevada. They are going to argue that Related had no right to unilaterally cancel plaintiffs’ purchase agreements when it scrapped its plans to build Icon Las Vegas.

Related blamed its failure to build on the skyrocketing construction costs and failure to obtain purchase agreements for at least half of the 514 units at both Icon Las Vegas within 180 days of starting sales, according to buyers' Las Vegas-based lawyer, Jay Waller. However, when the project was canceled only eight units remained for sale in the first tower and 53 units were available in the second tower, give or take a few, he said.

"They sold way more than 50 percent and had no right to cancel. Our clients had a chance to buy at other places like Sky (Las Vegas)," Waller said. "These people make promises. That contract is a promise. Increased construction costs are not our problem."

Related spokeswoman Stephanie Wilson said Thursday the company does not comment on litigation.

Buyers received a letter from the developer explaining that "unforeseen delays, including lawsuits, together with increases in construction material costs, have significantly impeded our development plans for Icon and affected the viability of the project."


Las Ramblas
The project, led by Marty Burger and veteran Florida developer Jorge Perez, was initially hailed as one of the stronger of dozens of high-rise condominiums planned in Las Vegas because of its solid financing and seasoned development team.

Icon was the second time Related abandoned a Las Vegas project leaving doubts in the minds of realtors and buyers about the Las Vegas High Rise market. The first was in early October when they backed out of an agreement with the city to be the master developer of a 61 acre Union Park. The third where plans for a 514 luxury residential units in two 28 stories. The fourth and last on the list is Las Ramblas. In all situations Related Group put the blame on skyrocketing construction costs.
.........

World Market Center Las Vegas
Third Building Approved By The CityThe City of Las Vegas unanimously approved plans for Phase 3 of the project and the adjacent 9-story parking garage. At nearly 2.1 million square feet and 16-stories with a construction cost in excess of $500 million, Building 3 will be the largest and most diversified showroom structure planned for the 12 million square foot home furnishings campus.


World Market Center Las Vegas
World Market Center plans to pull permits and break ground on Phase 3 in the fourth quarter of 2006 with an 18-month construction timeline. Once complete in 2008, the first three buildings will total 5 million square feet of permanent home furnishings showrooms across all industry segments with an additional million-plus square feet available at temporary venues.

World Market Center officials have already begun leasing Building 3 with nearly 15% of the space already committed.

"We are bringing the best of each market segment to this building and under one roof," said Jack Kashani, Managing Partner of World Market Center. "Such diversification allows manufacturers to cross-sell and cross-merchandise in a whole new way, and will expand business opportunities for them to reach new buyers across all industry segments."

Building 3 will allow significant growth opportunities for sectors of the industry that World Market Center already caters to, such as furniture and decorative accessories, in addition to offering major expansion opportunities for lighting and floor coverings, as well as fostering the introduction of new segments such as textile and floral/seasonal goods.

"The third building is by far the most diverse line-up and will make World Market Center and its suppliers a true ‘one-stop shopping’ destination for buyers," said Dave Palmer, General Manager of World Market Center. "In the next few years, Las Vegas Market will be poised to deliver the entire spectrum of products in all segments."

The layout of the third building is as follows: open-daily Design Center showrooms on Floors 1, 3, 4 and 5; home accent, accessories and seasonal merchandise on Floors 6 and 7; floor coverings goods including rugs, carpets, hardwood, tile, stone and laminate on Floors 8 and 9; lighting showrooms including portable and fixtures on Floors 10 and 11; furniture showrooms with an emphasis on high-end goods and contemporary sector on Floors 12 through 16. Each floor will be connected by sky bridges to Building 2 and 1.

Night Time At The World Market Center
"The first three buildings are configured in such a way that if one segment of the home furnishings industry has greater demand, the segment can expand vertically into new floors as well as horizontally into new showrooms in adjacent buildings," said Babs Blair, Director of Leasing for World Market Center. "Manufacturers of a particular segment can be placed appropriately to create an efficient marketplace, keeping the segments together and enhancing the buyers’ experience in terms of shopping by category."

Building 3 will feature a contemporary architectural design and boasts many state-of-the-art technologies, amenities and conveniences. Each level of the building, totaling 140,000 square feet each, offers open, easy to walk floor plans with optimum racetrack circulation as well as sky bridges connecting to other buildings. Rounding out the amenities of the building are "smart" building technologies, wi-fi access, full service cafes, internet lounges, ample parking, easy access loading docks, freight elevators and much more.

Phase 2, currently under construction and opening for the January 2007 market, is an impressive 1.6 million square feet, 16-story structure and is the largest non-gaming construction project underway in the city of Las Vegas. "Building 2 is fully leased and is a well-anchored building with very strong companies and larger showrooms across the board," according to Blair.

The 57-acre integrated campus, when completed, will boast eight buildings totaling 12 million square feet, making the World Market Center the largest trade complex in the world. World Market Center’s managing partners Jack Kashani, Shawn Samson along with The Related Companies, LP will continue to oversee the highly-experienced management, construction, leasing and operations team. The development team for Phase 3 will include Jerde Partnership International as lead design architects, JMA Architecture Studios as executive architects, in addition to many other experienced subcontractors and members of the trade.

For leasing opportunities in Building 3 please call 888-416-8600. The next Las Vegas Market takes place July 24-28 at World Market Center and Pavilions; the Temporaries will be held at the Las Vegas Convention Center and open on July 25. In all the July 2006 Market will be the largest Las Vegas Market yet with more than 2.6 million square feet of permanent showrooms and temporary exhibits.

Daquan13
Jun 10, 2006, 5:43 PM
Tell me something;

Has a developer ever gotten first dibs on that empty vacant lot that sits across from the Sahara Hotel and the big souvineir store?

It's been vacant for so long.

Downtown Joe
Jun 10, 2006, 6:17 PM
Hey, do you happen to know the status of these projects:

1. Kimberly Place Towers I-III: I guess this is proposed near Las Vegas Central?

2. Dynasty Tower/Rio Drive Tower/Hunter High-Rise

3. Flatiron

4. Mandarin Oriental Hotel for CityCenter: Has it been approved?

5. H.U.E. Lofts at Art Central: Has it been approved?

6. Vegas 88: Is this one still on?

Just trying to keep the Emporis status' current.

Re: Flatiron - it looks dead to me. There's no action at the location and I can't find anything current about it on the internet. I would be shocked if it was actually ever built. Ditto with Renzi. The developer stuck up an ugly temp. building and a couple of signs near the location, but now the signs have spray-painted for sale messages at the bottom. There's no mention of the project on the renzi development website - www.renzidevelopment.com.
I think the whole project is pure fiction.

Patrick
Jun 10, 2006, 10:47 PM
New Renderings!

I found this recent project rundown (it was made on the 9th) of all the projects in Downtown. This has many new renderings such as Renzi or Club Reniassance and Stanhi

new renderings such as these
http://img54.imageshack.us/img54/2448/ghj2cq.jpg http://img213.imageshack.us/img213/4161/ghj7em.jpg http://img145.imageshack.us/img145/3442/ghj3zf.jpg

There are also many new projects with renderings. It took me a few hours to update everything, Information such as height is also provided on the pdf

Some of the new projects
http://img201.imageshack.us/img201/2310/ghj9fx.jpg http://img100.imageshack.us/img100/7539/ghj4fk.jpg http://img103.imageshack.us/img103/9762/ghj5ap.jpg

The Diagrams and front page have been updated.

Link
http://www.lasvegasnevada.gov/files/clv_newurb_projects.pdf

Daquan13
Jun 11, 2006, 1:23 AM
The buiding in the bottom middle pic looks like its facade is melting or peeling off or something.

sky-of-webs
Jun 11, 2006, 1:34 AM
AAwww, It looks like more of a DE-EVOLUTION than EVOLUTION.
Curvy cool to boxy. But it's still alive.
Yeah it does Daquan13. Definitely cool.

Reverie
Jun 11, 2006, 1:41 AM
Aside from Cherry projects and Strealine, there is yet to be actual construction on one of the tallers proposals, esp Stanhi and Club Ren. I find it strange how the Mayor has done all he could by approving all of these tall towers yet not a single one has worked.

Perhaps Wall Street, I mean World View will be the first.

On looking over the Vegas city website's maps, it is worth nothing that the Summit tower (formerly Ivana) is still approved and on the map. I'm taking it means the approval is still active and could be transfered to the new owner if they wish to build that tall (doubtful)

sky-of-webs
Jun 11, 2006, 1:44 AM
^^^That is Monument tower. The old liberty tower site.

ScottG
Jun 11, 2006, 2:52 AM
monument is the tower that has the funky fascade right?

it resembles a proposed chicago high rise called AQUA that reflect ripples in a pond

http://www.emporis.com/files/transfer/6/2006/03/447249.jpg

also, club ren is posted as only proposed not u/c

601 fremont has a better design now.

renzi prolly aint dead if it has this much detail/ info.

wht is that boxy building in the second rendering of stanhi - the one that has newport in it as well....there is a white boxed mass behind stanhi - its pretty large.

i hinestly would doubt the 'sumit' is dead. maybe for now, but the location and design fit perfectly. it WAS an AIA (architect institute of america) design award winner. plus it bein so tall and elegant, im sure SOMEONE wants to buy it off and take over. plus after a month from cancelation, why is it still on the boards?

juhl is permitting.....im guessing that means it will start construction soon.

evolution looks very promising
looking at 601 fremont again: it looks like it is actually TWO towers! each side view do not match, if it was one tower the elevations dont match one tower is longer than the other......it must be two towers

grand central tower looks too good to be built - thats a riskay design....

notice the design of wall street towers (no world view)

CORRECTION: that boxy building behind stanhi is actually a mass study for the elit tower - see how newport is next to it. beautiful design.


these renderings seem perfect to creat diagrams. i wish i knew how to make 'em. i'll leave the skills to the people who have them. :)

Reverie
Jun 11, 2006, 3:39 AM
Yea, I was talking about the Summit tower (the 900+ foot supertall), not the liberty tower. It's still on the map. One can only hope we'll see it again. Needless to say I was a little more then agry when they cancelled it. I don't care if Trump (the Donald, not Ivana lol) eventually buys it and build it and be able to brag about being the tallest building in vegas. For once I think his ego and name recognition may be able to make it happen. His current Trump tower will be overtaken by Clun Ren and Montreux anyway as taller buildings.

http://www.lasvegasnevada.gov/files/downtown_residential_projects.pdf
On page 2.

http://img103.imageshack.us/img103/1425/may068vo.jpg (http://imageshack.us)

Club ren would be able to start if they can get that last single house on the parcel to be sold and removed. It's just one house!

By the way, i ncase people havn't noticed, a bunch of parcels around downtown have been bought out and are being resold by a compnay called xyz properties. Their signs all say "pre assembled future high rise property for sale" If even half of those get built on, that will be something.

sky-of-webs
Jun 11, 2006, 4:40 AM
^^^ Yeah, you posted before I was writing. #14 in the above is the old Liberty site, now The Monument Tower.
That is a perfect idea, knowing Trump to be into having the tallest, he ought to be looking into the Ivana project.

ScottG
Jun 11, 2006, 11:14 PM
http://www.lasvegasmarket.com/
cool intro

ScottG
Jun 13, 2006, 12:13 AM
'Hairspray' won't stick in Las Vegas


The 300-plus mayors who attended the U.S. Conference of Mayors this week on Monday received these four new Mayor Oscar Goodman bobbleheads as souvenirs of the five-day conference, which ends today.


The producers of "Hairspray" announced Monday that the transplanted Broadway show, which opened at Luxor in February, is being canceled as of Sunday.

Cast members were told 30 minutes before the show.

Advertisement





"As a production we couldn't be happier, but we just never found the audience. It's very sad," said Myron Martin, the co-producer with Michael Gill.

Sunday's finale would be the 148th performance.

Tony Award-winning star Harvey Fierstein and his sidekick Dick Latessa were recruited for 12 weeks to get the musical off the ground.

But the Broadway success -- eight Tonys since opening in 2002 -- didn't follow in Las Vegas.

"Everyone loves it. We were incredibly proud of the show," said Martin, reached by telephone during the show.

Martin added that breaking the news to the cast was "a terribly tough time."
....

Las Vegas Avenue Q closes today
By Amy Somensky May 28, 2006, 1:49 GMT
printer email RSS Talkback




Las Vegas: The Las Vegas production of the Tony winning musical, Avenue Q, plays its final performance at the Wynn Las Vegas today. This closure will make way for another Tony winning musical, Monty Python's Spamalot, to move in.


Steve Wynn said previously in a statement, "As we finalized our architectural plans for Encore at Wynn Las Vegas, we realized that if we could convert the Broadway Theatre currently housing Avenue Q to the Grail Theatre for Monty Python's Spamalot, we would be able to most efficiently accommodate those new elements and meet the demands of our hotel addition. By releasing the producers of Avenue Q from their exclusive non-touring agreement, we were able to accomplish this architectural goal without having to invade our golf course real estate. Giving up the delights of Avenue Q was a very difficult, but necessary choice in view of all of the relevant factors."

As mentioned in the statement, the musical will be released from its non-touring agreement. Producer Kevin McCollum said, "Audiences and critics love Avenue Q. We look forward to sharing it with theatre audiences around the world."

Avenue Q opened on September 8th at the resort, and is currently playing the Golden Theater on Broadway, and will open at the Noel Coward Theater in London on June 28th.

Avenue Q is the story of Princeton, a bright-eyed college grad who comes to New York City with big dreams and a tiny bank account. He soon discovers that the only neighborhood in his price range is Avenue Q; still, the neighbors seem nice. Together, Princeton and his newfound friends struggle to find jobs, dates, and their ever-elusive purpose in life.


.....

i wonder why shows arent doin so well. at the mirage, LOVE - a cirque show based off beatles songs has opened. it replace siegfried and roy.

spamalot is goin to replace avenue Q, i wonder what will replace hairspray and why it closed so hastfully... there are rumors CHER is goin to replace celine dion once her contract is up. and phantom of the opera is now at the venetian. Weird set of shows being offered in vegas. and its even more weird how some like moma mia are extremely successful and others tank.

Lecom
Jun 13, 2006, 12:33 AM
Architectural reasons is such a bs reason to cancel a show. 50 bucks says that ain't the real reason for cancellation of Avenue Q.

Reverie
Jun 13, 2006, 5:49 AM
In between the New York New York and Monte Carlo hotels, where that little standalone restaurant used to be, the land is now cleared and has a sign stating "Project City Center Sales Office"

I have never visited any of the other condo sales offices but I will definitely check by this one often just to see some nice renderings and models.

Continuing north a little, I was fortunate to pass by the Boardwalk hotel, of which only the front facade was still standing after the implosion a while ago. Unfortunately my timing was such that I saw it while two bulldozers were in the process tearing it down and consequently I happened to see a bulldozer smash the "Surf Buffet" sign in half. The famous clown was already demolished, so I did not see it.

Spa Lofts


Club magnate plans Spa Lofts for SW valley
BY TONY ILLIA
BUSINESS PRESS

Andrew Sasson, the thirty-something nightclub entrepreneur, recently unveiled a new mid-rise condominium project called Spa Lofts in the southwest valley. The three-building, 142-unit complex is located at Badura Avenue and Rainbow Boulevard, just south of the Beltway.

While the transition from club king to high-rise developer seems unlikely, Sasson is an unlikely success story. The high school drop out from London has a knack for defying the odds. He came to Miami Beach at age 17 on a student visa and he never went back. Starting as a doorman, the brassy Brit worked his way through the ranks to develop a nightclub empire before heading to Vegas.

After cold-calling Bobby Baldwin, the president and CEO of Mirage Resorts, for five years to set up a meeting, the two eventually launched Light at the Bellagio in 2001. Sasson and partners, Andy Masi and Sean Christie, subsequently formed The Light Group, the firm responsible for FIX, Light and Caramel at Bellagio, JET and STACK at The Mirage and Mist at Treasure Island.
An architect's rendering showcases a modern interior featured at Spa Lofts.

HIT WITH CELEBS

Sting, Bruce Willis, Leonardo DiCaprio, Paris Hilton, Owen Wilson, Tobey Maguire, Mark Wahlberg and Demi Moore all frequent Light hot spots. Last year, more than 2 million people visited Sasson's bars, nightclubs and restaurants.

"You have to be strong in sales and marketing in the nightclub business and take care of people," said Sasson. "You want people to have fun and party, but you're also responsible for their safety and welfare."

It's a juggling act that Sasson handles well in addition to maintaining a high-octane aura around his Light properties as the hip, happening places in town. His foray into high-rise development came by accident.

"I was looking for a place to live," Sasson said, "but there were only these tract homes that looked exactly like the home next to it. You couldn't tell them apart."

It was something he decided to change, so Sasson and partner Laurence Hallier built Panorama Towers just west of the Strip. The twin 33-story, blue-glass towers consisting of 646 luxury condominium homes sold out quickly.

Sasson, in fact, used the same architects and designers from his restaurants and nightclubs to create Panorama Towers. The project's success led to a third and fourth tower, although Sasson has since sold out to Hallier.

But now he's back with Spa Lofts. Designed by Graham Downes Architecture of San Diego, the project consists of three Bauhaus-style mid-rise buildings that form an outdoor courtyard with pools, cabanas and landscaping. Homes range from 1,276 to 1,500 square feet, with loft-like interiors that include open floor plans, double-height ceilings and balconies. Residences feature top-of-the-line finishes, fixtures and appliances manufactured by Kohler and GE. Each standard unit comes with hardwood and slate flooring, European cabinets and marble bathrooms. The five-acre project is being developed under the direction of Sasco Real Estate.

'ORGANIC STEP'

"Mid-rise projects are the next evolutionary step in the valley's move from a low-rise dominated residential market to a vertical market," said John Restrepo, principal of Restrepo Consulting Group, a Las Vegas-based real estate research firm. "It's a more organic step and mid-rise projects also work well in both urban and suburban settings."

Spa Lofts, as its name suggests, will additionally feature a 5,000-square-foot spa-and-fitness center that offers yoga, pilates and strength training as well as massages, facials and body treatments. The 70-foot-tall buildings will have four levels of residences, with covered parking below. Prices start at $360 per square foot which seems inexpensive when compared with comparable resort-style condominiums.

"Having a mid-rise in the suburbs makes sense especially with the success of The District," said Bea Goodwin, president of Las Vegas High-Rise and Condominium Alliance. "It provides a stylish, affordable mid-point between a high-rise and a single-family home."

Spa Lofts, as a result, is expected to sell out quickly, with construction scheduled to begin by year's end. The project is anticipated to finish by February 2008. A contractor has yet to be named.


I don't know about yopu but while high rises are indeed cool, I also support all of these midrises being built. Many locals may be more willing to live in these high density units and manhattanize Vegas a lot more then a luxury $2 million strip units geared towards people from out of town.

Other midrises I can think of are Vantage Lofts, Juhl, Manhattan, Boca Raton, Loft 5...

http://www.spaloftslv.com/
http://www.vantagelofts.com

Patrick
Jun 13, 2006, 5:53 AM
I found the latest model of the Hilton Grand Vacations Club on the Las Vegas Strip. From the architects website, they say the whole project will be completed in 2011.
http://www.mbharch.com/portfolio/hospitality/development/hgvclv.jpg

Reverie
Jun 13, 2006, 6:14 AM
Before I forget, take a look at this blog I found as well about Project Citycenter, nice pictures of construction.

link fixed
http://table-tango.pokerworks.com/2006/06/01/project-city-center/

"the largest civil engineering project in history" Man I like the sound of that! Most of us are used to it since we already know what's going to be built and maybe pass by the site everyday but still perhaps the proper thing to feel as just sheer awe of the scope of what they're gonna build.

http://table-tango.pokerworks.com/blog/before.JPG

Another twisted though but at first glance this bulldozed parking lot for citycenter looks like a farm field. Put a tractor in the middle and it complete the illusion. Not even Siegfried and Roy magic's could make anyone believe you could actually farm anything in Vegas though! It's one very expensive farm field.

Patrick
Jun 13, 2006, 7:32 AM
^umm The link dosnt work for me.....

ScottG
Jun 13, 2006, 3:27 PM
notice the tram is now down^^^^^

also hilton vacation club look weird having all the buildings at different heights.

GeorgeLV
Jun 13, 2006, 7:17 PM
notice the tram is now down^^^^^

also hilton vacation club look weird having all the buildings at different heights.

They we're originally all planned to be 40 stories tall, but the first tower was scaled back in the aftermath on 9/11. From the model, it looks like the the 3rd and 4th towers will be getting some make up floors.

CHAPINM1
Jun 13, 2006, 7:33 PM
Is it just me, or is Donald Trump being extremely cheap here. On the new Trump Las Vegas it is only 622 feet tall yet 64 floors. That is not even 10 feet from floor to floor. For a luxury establishment, most people expect a floor to floor ratio of at least 10 feet. Just something that crossed my mind.

vegasrain84
Jun 13, 2006, 10:25 PM
Is it just me, or is Donald Trump being extremely cheap here. On the new Trump Las Vegas it is only 622 feet tall yet 64 floors. That is not even 10 feet from floor to floor. For a luxury establishment, most people expect a floor to floor ratio of at least 10 feet. Just something that crossed my mind.

It works out to a little over 9 1/2 feet per floor. So I assume that the ceilings are about 8- 8 1/2 feet if you take at least a foot for ventilation systems and electrical.. I find the height of the building a little interesting myself.. Perhaps the Donald couldn't build any higher due to Airspace restrictions..

sky-of-webs
Jun 14, 2006, 12:24 AM
I found the latest model of the Hilton Grand Vacations Club on the Las Vegas Strip. From the architects website, they say the whole project will be completed in 2011.
http://www.mbharch.com/portfolio/hospitality/development/hgvclv.jpg
Good find Patrick.
I'm glad to see they are going to fix the symmetry of the towers by adding more height to tower 4. Tower 2 and 3 are mirrored and the same height, they just look off in that angled shot, plus the large space between them.
Now how tall is #4 going to be? YEA!!!!! TALLER!!!!:tup:

BruceH
Jun 14, 2006, 5:29 AM
It works out to a little over 9 1/2 feet per floor. So I assume that the ceilings are about 8- 8 1/2 feet if you take at least a foot for ventilation systems and electrical.. I find the height of the building a little interesting myself.. Perhaps the Donald couldn't build any higher due to Airspace restrictions..

Not sure you can count the floors like that. The first residential floor is 16 and floors below that are commercial. Penthouse floors start at 60 and they have higher ceilings. Some floor numbers were skipped due to international customs.

BruceH
Jun 14, 2006, 6:06 AM
Snuggled between Circus Circus and Sky, a Maxim magazine hotel and casino planned.

http://www.reviewjournal.com/lvrj_home/2006/Jun-06-Tue-2006/business/7793971.html
http://www.reviewjournal.com/lvrj_home/2006/Jun-06-Tue-2006/photos/maxim.jpg

Will be interesting to see if this project goes forward. 1) The odd shape of the lot combined with the new County set back requirements makes the lot not very usable for a high rise 2) Two of the major players in this project have criminal backgrounds and am curious what the major lenders will say about that for construction financing.

Patrick
Jun 14, 2006, 7:24 AM
Not sure you can count the floors like that. The first residential floor is 16 and floors below that are commercial. Penthouse floors start at 60 and they have higher ceilings. Some floor numbers were skipped due to international customs.

Lmich sent a e-mail message to the architects to find out the real height. The Agendas say its 645 feet high, the website says its 622 Feet High.

Speaking of Trump Las Vegas, I just did a Diagram of the Two Towers. Here is the Full Size version, and the normal version :cool:

http://img158.imageshack.us/img158/7092/diagram29wj.gif http://skyscraperpage.com/cities/?buildingID=7788&drawingID=41021

ScottG
Jun 14, 2006, 3:21 PM
arent they going with the balconies? - the montruex rendering showed balconies...

Reverie
Jun 14, 2006, 3:35 PM
there's no balconies, by loking at the 3 or so floors already covered in glass, it's all glass.

BruceH
Jun 14, 2006, 3:54 PM
arent they going with the balconies? - the montruex rendering showed balconies...

The original drawings had balconies but they were later removed in part due to liability concerns. Can you imagine some bachelor party throwing furniture off the balcony onto the roof of the Fashion Show Mall?

ScottG
Jun 14, 2006, 7:05 PM
^^^ all turnberry towers have balconies. i cant image NOT havin them. whats the point of buying a high rise condo if you cant enjoy being up so high. and i cant image a bachelor party goin on in the trump. people buying a high rise arent rowdy - i would think. and plus trump is behind the mall, no where near it. The summit/ ivana had balconies. exept the penhouses. if i remember correctly- being THAT high up would be scary to have a balcony. look at panorama. if you want to throw furnitue on the freeway you can.

Patrick
Jun 14, 2006, 7:44 PM
arent they going with the balconies? - the montruex rendering showed balconies...

Ummm what balconies??
http://img116.imageshack.us/img116/4962/ghj0rb.jpg

Reverie
Jun 14, 2006, 10:33 PM
I heard there were bulldozers sighted on the world view towers site removing the old warehouses standing there. This great project may actually have a chance.

They still have to sell some units first, so maybe it's for a sales center. They can't just build a tower outright.

ScottG
Jun 14, 2006, 11:05 PM
^^^ that is what i think.

grand chattaeu should break ground anyday now (so i hear).

i swear the white parts on the front of trump remind me of the balcony rendering.

my first impression of it was that they (or the litter front) are balconies.

is the world view site visible from the stratosphere cam? i dunno how to work that, nor where it is.

Patrick
Jun 14, 2006, 11:16 PM
is the world view site visible from the stratosphere cam? i dunno how to work that, nor where it is.

The Stratosphere Camera is broken, It is stuck on that view, thats not the World View Site, Thats A construction site near Circus Circus. There used to be a Downtown Camera but it dissapeared.

I'm making a new banner for the front page, since Las Ramblas was cancelled. What projects would you guys like to see on the banner

current banner
http://img458.imageshack.us/img458/7532/ghj8zj.jpg

Reverie
Jun 14, 2006, 11:24 PM
A banner? You gotta have citycenter of course. Use one of the nice pictures from this page:
http://en.wikipedia.org/wiki/Project_City_Center

Cosmopolitan is pretty nice as well to round out the hotels.

For condo towers, world view tower :) and maybe Tommy Rocker Tower. (use the image on the website which looks straight up at it from street level)

Trump would be good too but I don't really like his golden look.


Might as well post some interesting construction related articles for today:

Brokers lose money and time after high-rise project plans vanish

http://www.reviewjournal.com/lvrj_home/2006/Jun-14-Wed-2006/photos/business.jpg
Broker Beverly Lacey worked to sell luxury condos in Krystal Sands and Aqua Blue before the projects went bust. Trump International tower, seen here under construction, has a payment structure in place for brokers. Therefore, one broker calls the project the best in town.


Beverly Lacey will show high-rise luxury condos to clients if that's what they want to see, but she feels obligated to warn them of the challenges and pitfalls exposed by Las Vegas projects that have fallen by the wayside.

Lacey, owner and broker of Vertical Vegas, said she was heavy into sales at Krystal Sands and Aqua Blue last year when developers canceled the projects. It cost her about $200,000 in commissions.
Advertisement

"Sometimes a dose of reality is a good thing," she said. "You've got to roll with the punches. Yeah, I ate it for a couple hundred thousand in commissions, but you have to move forward."

Lacey is among a handful of brokers who worked long hours catering to clients and building relationships with developers only to be left hanging over defunct projects such as Krystal Sands, Aqua Blue, Hard Rock Hotel, Ivana Las Vegas, and Icon.

Several lawsuits alleging breach of purchase contract have been filed on behalf of buyers as a result of the Las Vegas high-rise fallout.

Most brokers will never see payment. High-rise failures in Las Vegas reverberated to Wall Street, where financial institutions have become more leery about making construction loans. The failures have also put a crimp in brokers' bank accounts.

"In this market, you look for things that are going to happen," said Todd Grotstein, director of high-rise division for Prudential Americana. "One of the things you look for is if the developer is willing to pay commission to the brokers. If you look at the ones that did not go, consistently most of the ones that did not move forward never paid a dime in commissions."

That's why Grotstein thinks Trump International tower behind the Frontier hotel on the Strip is one of the best projects in town.

Trump has a payment structure in place for the standard 3 percent broker commission, starting with 1 percent paid within 30 days of executing a sales contract and taking a reservation deposit. Brokers get another 1 percent a year later when buyers enter a "hard contract" with 10 percent nonrefundable deposit. The final installment will be paid at the close of escrow.

Trump has paid nearly $9 million in commissions to brokers so far, said Jack Christie, director of the sales at the 64-story, 1,282-unit tower that's taking shape on the Strip. He said 90 percent of sales have come from outside brokers such as At Home Realty, Ezra International and Prudential Americana.

"We started to hear about unrest, about brokers not being paid," Christie said. "We amended our broker agreement so that if a buyer cancels and forfeits their deposit, we do not charge back the broker for fees already paid. That was very well received. To be honest, we keep the 10 percent deposit, pay the brokers 2 percent, keep 8 percent and turn around and sell it again."

Bruce Hiatt, owner and broker of Luxury Realty Group in Las Vegas, said he only sells condos that pay advance commissions early in the process; commissions are nonrecourse, meaning they don't have to be paid back if the project fails; the time period from reservation to signed contract by the developer is less than four months; and the first advance fee is paid within two months of signing the contract.

"Very few can play in that game," Hiatt said. "This way we don't waste our time and we earn at least part of the commission if the project doesn't go forward. It's time the high-rise developers realize the game rules have changed and luxury high-rise brokers are onto the game of the land flippers."

Hiatt said he felt misled by developers who used his time and services to pump up the value of their land to flip it. Such situations caused agents to "lose face" with their buyers, many of whom became disenchanted with Las Vegas after their negative experiences.

Lacey managed to salvage a few clients from Krystal Sands after Florida developer Freddie Schinz sold the 3-acre site to Turnberry Associates and walked away with $46.5 million profit. She put them in the Hard Rock expansion instead.

Developers now have to convert 60 percent to 75 percent of reservations to hard contracts to get construction financing, Hiatt said. He won't help them achieve that goal if they don't pay advance commissions.

"The two I applaud in Las Vegas are Trump and Sky Las Vegas," Hiatt said. "You truly have to investigate these projects to see if they're real. Each project has a different reason for us to recommend a caution notice to our clients."

A number of top-producing brokers got stung when Related Las Vegas canceled Icon in January, said Paul Murad, developer of the proposed Gateway Las Vegas high-rise in downtown Las Vegas.

Some of the brokers had purchased units and were anticipating appreciation gains. Others had clients who bought at Icon and they were counting on commissions and making purchases based on future earnings, Murad said.

"Realtors were confident that their payday would arrive because companies like Related seldom cancel publicly announced projects," he said. "The buzz Icon created was heard from Miami to San Diego and even from South America and Europe."

Once Icon's cancellation occurred, the Las Vegas Realtor community discouraged clients from buying in another Related project, Las Ramblas on Harmon Avenue. In response, Related increased commissions to 4 percent -- a first in the local high-rise condominium market. Other developers have followed suit, some offering commissions of 5 percent or 6 percent, Murad said.

Las Ramblas, backed by actor George Clooney, also failed and the land was recently acquired by Las Vegas-based Edge Resorts for $202 million.


Meet the new kings of the Strip


BY IAN MYLCHREEST
BUSINESS PRESS

Real estate developers are looking for a few good operators -- casino operators, that is. Just in case you hadn't noticed, the big push for Strip development, and even some of the stuff that's been happening downtown, has created a huge business opportunity.

More and more hotel companies and developers are looking to be landlords and not casino moguls. This is nothing new but regulators will have to rethink the current policy.

Now real estate is king on the Strip. And more and more, it is men with the souls of real estate developers who are taking over. Skeptical? Look at some recent developments ...
Ian Mylchreest

The MGM Mirage buyout of Mandalay Bay was a classic real estate play. In the old days, casinos competed with exotic entertainment, cool atmosphere, loose slots and cheap food. That made sense when every 400 yards a tourist walked on the Strip brought him or her to a new property. If you start at the Four Seasons, you have to walk a few miles now before you even get anywhere that isn't an MGM Mirage resort.

Just like you want to buy the yellow and the green and the blue properties on the Monopoly board, MGM wanted to make it very hard to go anywhere on the south end of the Strip without landing on one of the company's squares.

But MGM is still playing by the old rules; it still thinks that the casino is a revenue center. But lots of the new players do not.

Analysts have long been saying it's not just about the casino anymore. Room rates, entertainment, golf, swimming pools, food and just about everything else were originally used as incentives to get people to play in the casino. The casino was the only profit center.

Then casino companies figured out that they should be making all the other stuff pay as well. With the right branding and marketing, it's worked.

What is different about the new players is that they're happy to cash in on the real estate value of the Strip and cash in on the brand loyalty of hotel customers but leave the casino business to somebody else.

We hardly noticed a few years ago when J.W. Marriott declined to get into slots and cards and left Millennium Gaming to create the Rampart Casino at its Summerlin resort. Well, that was just a company policy.

But then came the Westin Casuarina. Again, a strong hotel brand wanted a piece of the Las Vegas action. So it bought the old Maxim and renovated that sad-looking hotel. Now it can offer its loyalty customers a location near the Strip with the ultra-comfortable beds for which it wants to be famous. And it brought in a casino operator to run its relatively small gaming operation.

Now that model is rapidly expanding. In the past 12 months, we've seen Barrick Gaming disappear from the scene. In its wake emerged Tamares, a Liechtenstein-based corporation whose interest in downtown was apparently a real estate play. It owned the land under the casinos Barrick operated.

When that company left the scene almost as mysteriously as it had arrived, Tamares emerged as the owner of the properties. It decided to get an operator for the casinos rather than go through the licensing process, which might have raised questions about its investments in what it euphemistically describes as "technology development" and "manufacturing." One of its products is a self-propelling howitzer. Its investments are private and it preferred to keep them that way, so it would not expose itself to the licensing process.

Morgans Hotel Group has also decided to bring in a casino operator for the recently acquired Hard Rock. Its business is upscale, boutique hotels and it's sticking to it. Meanwhile, it will outsource the casino.

Last week, we saw the latest development in the stretching of this loophole that allows owners to deploy licensed casino operators. Real estate developer, Concord Wilshire Partners, has teamed with the publisher of "Maxim" to brand a new hotel with the name of the magazine. It's famous for short articles, frat-boy humor and models that look like they've walked off a shoot for Victoria's Secret.

But it's not the brand that's the problem; it's the developer.

Concorde Wilshire Chairman and CEO Steve Sirang was convicted of wire and bank fraud in 1987. That kind of felony would kill any chances of a gaming license. So again the solution is to hire an operating company.

But what about the rest of the deal? Maxim is being paid millions of dollars in fees and operating revenue for the use of its brand. That's the free market. If Concord thinks it's worth it, let it pay it.

Now, however, convicted felons can get a major piece of a Strip casino as a real estate play and it's legal to install a licensed operator. But the outlines of this deal show how easily the Gaming Commission's licensing regime can be circumvented by "branding" and "leasing" agreements.

Operators are necessarily captives of the landlord. What is to stop a collusive agreement between the two that would effectively siphon off gaming money as unusually high rent payments? A branding agreement can easily be used to do the same.

There is not the least suggestion that anyone has done this or is even planning it.

The system was not, however, supposed to work like this. In the old days, a casino license was a license to print money and it still pretty much is. A number of companies have decided, however, that it's not worth the time and trouble to actually go through the licensing process and all they need do is find a willing operator.

Both the Gaming Commission and the next Legislature will have to deal with this unanticipated consequence of rising Strip real estate prices. They should do it soon before operating agreements become the means by which the unlicensable skim money from casinos.



Check out JMA Arch's new updated site.

A new project is called Harmon Plaza:
http://www.jmaarch.com/hospitality.htm

Patrick
Jun 15, 2006, 8:15 AM
I made 4 different banners: tell me which one you guys think is the best, the one with the most votes will go on the front page :)

#1 The popular buildings, so far
http://img154.imageshack.us/img154/6073/ghj1qo.jpg

#2 All evening renderings
http://img154.imageshack.us/img154/6821/ghj0ee.jpg

#3 All Day Renderings
http://img213.imageshack.us/img213/9307/ghj2ha.jpg

#4 All Night Renderings
http://img213.imageshack.us/img213/1803/ghj3bp.jpg

What do you guys think? My Vote goes for #2 All evening renderings

vegasrain84
Jun 15, 2006, 11:38 AM
All of them are great Patrick! I cast my vote for #2 as well.. I like those evening renderings!

ScottG
Jun 15, 2006, 3:37 PM
i dont think ive seen that city center rendering you have for banner 1.

i like 1 and 4. club ren is annoying me. - i am lossing faith in it.


also: driving north on the 15 there or dozens of bulldozers, cement trucks, etc. along frank senatra dr. from the back of NY NY to Bellagion. then behind monte carlo are drilling cranes. a mess of cranes on city center, and drills drills and more drillls on cosmo. its a crazy mess there.

aladin is about a stroke away from being done painted. It is HORENDOUS! Its tacky- they kept the arabian windows, took down the jewls atop the tower, and left the brown paint in the middle (on top) so the aladdin is now blue at the bottom (it used to be brown) then the body is tan (it used to be dark tan) with blue vertical strips that used to be brown. It aint no planet holly wood.

the best renovation was down on the maxim. they completely took down the fascade and put up a BETTER one to turn it into the westin. even hooters looks like and after thought.

you
d think- to change the scope of bankrupcy, they'd want to get rid of all traces of the aladdin sceem and completly convert the builging into a better, more hip style.

Mission failed.

(my venting must stop - i just HATE the aladin now)

sky-of-webs
Jun 16, 2006, 12:30 AM
I really like the color and style of shots in #4, but I'm going to go with #2 because of the unique and curvy group of buildings. It shows Vegas' eclectic style of current and future buildings. There's no toothpaste box towers in our backyard.

Reverie
Jun 16, 2006, 12:54 AM
#2 for me, even though I wanted citycenter in it, the curvy towers are nice.

News:

Klondike Hotel closes by end of month. It's becoming the Paramount condos.

Strip Booms Again


The five-year, $20 billion building boom under way on the Strip will roughly double the high-end inventory of rooms costing $200 a night or more, a new Standard & Poor's study said.

This newfound focus on upscale visitors is largely a response to continuing demographic shifts, the report said.
Advertisement

But it will leave Las Vegas vulnerable to the throes of the national economy and could prove challenging to absorb.

Projects that S&P said probably would be completed include:

• The $1.8 billion Palazzo with 3,025 rooms.

• The $1.7 billion Encore at Wynn Las Vegas with 2,054 rooms.

• The $7 billion Project CityCenter with 7,700 rooms.

• The $4 billion Echelon Place with 3,300 rooms.

Projects whose fates S&P called uncertain include:

• The $2 billion Cosmopolitan with 3,000 rooms. <- You're kiddin' me? It's under construction! </commentary

• The $1.5 billion Fontainebleau with 4,000 rooms.

• The canceled $3 billion Las Ramblas with 1,225 rooms.

• The $1.7 billion W Las Vegas with 3,000 rooms.

Las Ramblas was sold to Edge Resorts for $202 million earlier this month.

Together, those projects represent a 30 percent increase in room inventory, gaming space, convention space and retail space.

"A key factor (in deciding which proceed) will be the capital markets' willingness to fund many of these projects, particularly single-site developments pursued by less established gaming industry investors," according to the S&P report.

The expansion mainly will be in the high-end segment of the market, which at the end of 2005 accounted for about 15,000 of the 75,000 total rooms on the Strip.

If some of the more speculative projects fail to materialize, S&P said that would still mean an 80 percent increase in the Strip inventory charging $200 a night or more. If all materialize, a 150 percent increase in the upscale room inventory on the Strip would result.

"While the current positive operating momentum on the market will likely continue to increase demand for higher-end hotel rooms in the near term, the state of the (national) economy will be a major determining factor relative to absorption," S&P analyst Michael Scerbo said in the report.

He said the gradually changing characteristics of the average Las Vegas visitor are driving the transformation of the Strip into a ritzy resort destination. The report found the average Las Vegas visitor is wealthier, younger and spends more on each trip, both on gaming and amenities.

"This is evidenced by the higher-end properties on the Strip, such as Bellagio, Venetian and Mandalay Bay, that have consistently been some of the best performers in the market," Scerbo said.

Deutsche Bank analyst Andrew Zarnett said all such developments start with customer demand. The leisure and business markets are demanding more luxury capacity in Las Vegas and are willing to pay "that price point."

"The Venetian, Bellagio and Caesars' new tower all proved the point. There is sufficient demand for existing capacity and a lot more. And then Wynn Las Vegas showed the market is willing to pay still higher prices, around $300 a room," Zarnett said.

The S&P report found the biggest risks for the Strip developments involve the addition of residential components, several of which include condominiums. Operators are adding such components to meet demand from prospective, upscale visitors and to help finance the high-ticket developments, Scerbo said.

Simple hotel developments have to pay themselves off over years of renting out rooms one night at a time, while condominiums are paid for upfront, cutting the time for which developers have to leave their capital at risk.

S&P cited many risks for the developers, the Strip and Las Vegas.

"First, high-end residential development is dependent upon the real estate cycle, both for pre-selling and financing," the report said.

Second, construction costs continue to escalate in Las Vegas and could result in presale prices insufficient to cover development costs.

"Third, the lending environment for single-site development projects by new entrants on the Las Vegas Strip seems to be becoming less attractive due to higher interest rates and the uncertainty regarding consumer spending," the report said.

Zarnett said there is an appetite for residential development in Las Vegas among investors, but condominiums make the most sense financially when the buyers are also residents.

In either instance, however, he said rising interest rates probably will slow development, not stop it, and in the long run, that may cut the cost of construction, too.

"In other words, the market will work it out. There is some price point where more expensive room rates won't work," he said. "But market pressures will tip developments away from (the danger zone)."

David Schwartz, director of the Center for Gaming Research at the University of Nevada, Las Vegas, said the market for upscale, adult leisure will keep pace with developments and the supply they generate.

Demand created by the new resorts will exceed the supply of high priced rooms they add to the market, as it has in the past, Schwartz said.

"Developers, promoters, and marketers have been supremely successful in establishing and continually updating the brand identity of Las Vegas as an adult playground (to keep building demand)," Schwartz said, and they probably will keep growing the market, barring any national calamity.


Trump Tower + Sky
http://img152.imageshack.us/img152/7490/tt7zn.jpg (http://imageshack.us)


For obvious reasons there are road portions I havn't driven on... ever. It's a big city after all. Desert Inn was one of them. In doing so I "discovered" this old high rise. It's probably at least decades old, and yet another one of those rare high rises in Vegas from that time that isn't a hotel casino. It seems to be an apartment tower. Not bad, I would love for a couple dozen of these mid rise residential types of varying designs to be scattered around town.

http://img223.imageshack.us/img223/1631/848ff.jpg (http://imageshack.us)

ScottG
Jun 16, 2006, 3:02 AM
what part of town do you live? i go down DI all the time- the MARK 1 apartments (wheres mark 2?) have been for a while - but i think the polo club tower was the first high rise res. tower...the two are close by. bother behind the convention center.

BTW you know how Desert in is a 'special' street. It goes UNDER the convention center, then UNDER the strip, THEN over the freeway and roads.

I herd a while back the city was thinking of doin the same to saharah, makin it a super arielial as well. DI is the best street to get across town. Unless theres an accident on it- then its hell.

i dont get that report^^^^^ cosmo under construction. Fountain Blu (how the F is this spelled- this and Montreux) Fountain blu is under way with design. It takes a while. and what has failed under turnberry. Think for a moment.....nothin. Plus there are office and construction trailers on site workin away. now that the 4th tower is almost down - watch the rest of the property wil get turned over.

also the W is not weak, is buyin land to Expand!


:previous: Weird article.:previous:

Reverie
Jun 16, 2006, 3:44 AM
I live in Silverado Ranch.

I guess the Mark I was pretty low key that's why I never saw it. I knew about that big (and really ugly) condo tower overlooking the Hilton Golf Course.



WELL, I'm trying to not have all my buildings look like boxes and actually put some effort into a model of Club Ren.

I took me an hour to make just this craptastic model of it. (The other side is actually very scary so I'm lucky this side looks ok)

http://img107.imageshack.us/img107/6893/image17qd.jpg (http://imageshack.us)

Of course I was going to try and make some custom buildings, I wonder what are the odds of seeing some tall buildings like thse on that empty Sahara plot.

The tall black tower is 1200' even to roof, with a 250' antenna. It's supposed to be bluish but google earth somehow makes it black :(

Poor Allure, so short now...

http://img61.imageshack.us/img61/3885/image27dd1.jpg (http://imageshack.us)

ScottG
Jun 16, 2006, 4:02 AM
ok was a bit bored, and entertained myself with google map....

i noticed a couple of interesting things when looking down on the strip. Let me share:

http://img222.imageshack.us/img222/8489/untitled8az1.png
Excalibur: notice on the inside of the 4 towers, there is a strip of planting seperating the hotel towers and the casino building. ALSO lok at the bottom horizontal tower. the bottom few floors, the view they get is 5 feet of space infront of the casino building. that would suck.

http://img206.imageshack.us/img206/9483/15of2.png
i watch this happening about a month ago. notice on each luxor tower - how the back facade was getting replaced. the right tower is finished here and the left is getting the new fascade. Does anyone know why the took down and replaced the glass on the two towers. it was only this backside of the tower too. They are finished with the renovation now.....

http://img206.imageshack.us/img206/8260/29xv.png

check out how mammoth the runway is for the airport compared to the strip.
BTW the las vegas airport hasthe nations longest runway (anyone know why?)

http://img225.imageshack.us/img225/7708/38gl.png
i never understood what this is. "The mansion at MGM" is this a suite expansion to the mgm. its been there a while now.

http://img153.imageshack.us/img153/9950/45fx.png
ok to the far left is the city center parking lot. to the far right is the parking lot for paris and aladdin (er, planet hollywood)...the 2 largest parking garages. Look how much bigger the city center garage is compared to the previos largest garages.

http://img215.imageshack.us/img215/7679/55fs.png
this is grand chateau. see how the southside of the lot is cleared. also see the shadows this tower (and many more) create. More later.....
(BTW thats Planet hollywood towers lot on the top of the image)- also see vegas' first roof top pool...

http://img131.imageshack.us/img131/6039/71wx.png
here is wanted to point out just how large the wynn property is. Im guessin the biggest on the strip - including city center. Wynn has a LARGE backyard waiting to be filled up.

http://img99.imageshack.us/img99/958/69bf.png
another cause of overlapping shadows. many more resorts do this.
poor design planning on the venetian's part. the pool is on the north east side of the property, the tower blocks the pool from the sunlight. also much like ceasars palace, the expansion is more of an after thought. placed unstrategically. the second tower takes away from the design (and the venetian shows older videos/pictures of the resort without the second expansion for publicity and advertisments) i dont like that the windows get no views. ceasars is the worse when it comes to this.


last thing. The bellagio is a beautiful building, very classical with its perfectly symmetrical design, EXCEPT!.....atop the building on either side there are 2 geometric ornaments, one spherical and one rectangular. on the left (if facing the front) the spherical one is on the front of the building, on the right side the rectangulars one is on the front. this realy bothers me. If something is goin to be symmetrical, be symetrical!
next time you look at the front or back side of the bellagio look for this. the expansion tower does not have this A_SYMMETRICAL problem.
http://img152.imageshack.us/img152/5009/338iu.pnghttp://img161.imageshack.us/img161/4595/224np.png
^^^main tower...maybe a mistake in design?
http://img113.imageshack.us/img113/5637/3334zr.png
^^^new tower corrected mistake????

Patrick
Jun 16, 2006, 5:31 AM
#1 - I
#2 - III
#3 -
#4 - I

looks like number 2 is winning, I might rearrange the renderings though.....

sky-of-webs
Jun 16, 2006, 6:21 AM
Hey ScottG,
You got me flippin around google earth, check out the World View Plaza site.
Yes it's an outdated aerial shot but as you zoom on in to the roof of the big wherehouse something will jump into clarity. Nice catch by the satelite; and what is the shutter speed?

ScottG
Jun 16, 2006, 4:00 PM
you talking about this funky looking 'bird'

http://img478.imageshack.us/img478/2962/untitled8sr.png

i think if you look on desert inn road to the east of convention center you will eventually come across a small jet as well.

Funny stuff.
shutter speed's gotta be pretty quick if it can pick up on the blades of the helicopter.

jazfingr
Jun 16, 2006, 9:08 PM
Hi Guys

I like #4 Patrick, it's all night and Majestic is an outstanding rendering.

If you haven't been by the site lately, I have a new map of the S W "curve" area. I guess that area is being called "West Village"
THE Southwest Map (http://www.vegastodayandtomorrow.com/map_curve.htm)

For fun:
Google Earth's recent Vegas update was shot in the winter and the shadows are long. This lets you see what people are doing on the sidewalk. This shot is in front of the Wynn sign on Las Vegas Blvd. Looks like the dude is carrying the shopping bag while his girlfriend (and her friends) travel light. What a pussy!

http://static.flickr.com/59/168491978_e341bfed92_o.jpg

sky-of-webs
Jun 17, 2006, 12:34 AM
What are these guys playing chase, this is the whirly bird I saw. Oddly enough I didn't even notice the writing on the roof until I saved the pic for here. This is about 300 M south and 20 M east of that one. Yeah, the blades look stopped.

http://img47.imageshack.us/img47/4366/worldview5wx.jpg (http://imageshack.us)

Reverie
Jun 17, 2006, 2:16 AM
Does anyone know if Stanhi truely is as tall as it is? From the tower model from the Las Vegas Downtown Projects map, it looks like it has been downsized?

A gut feeling tells me it probably was.


Goodle Maps eh? You can sure kill a few hours just flying around it.

Some interesting, eh here's one of those all too common Vegas car accidents, in front of the Allure tower.

http://maps.google.com/?ie=UTF8&ll=36.143688,-115.160534&spn=0.000903,0.001808&t=k&om=1

TALLTOWER
Jun 17, 2006, 2:18 AM
cool

The_Analyst
Jun 17, 2006, 8:42 PM
I like Banner number 2--the night renderings are more reflective of the "Vegas" lights atmosphere. However, I don't know if they should show the projects that are still somewhat in the possible, rather than actual under construction.

Also, comment on the rooms at Excalibur that look out on to a wall: here in San Francisco you pay $300 a night for a standard room that looks out across the alley at a wall of the next building! At least at Excalibur when you are paying $50 a night you would not expect much.

jazfingr
Jun 17, 2006, 8:45 PM
Goodle Maps eh? You can sure kill a few hours just flying around it.

Some interesting, eh here's one of those all too common Vegas car accidents, in front of the Allure tower.

http://maps.google.com/?ie=UTF8&ll=36.143688,-115.160534&spn=0.000903,0.001808&t=k&om=1

Not Google Maps, Reverie, Google Earth. Earth is fully interactive, can be tilted, has 3-D topography, displays 3-D buildings, does not require screen refreshes and allows deeper zooming capabilities.

Here is the same car crash using Google Earth.

http://static.flickr.com/75/169100629_4493f5182e_o.jpg

future29
Jun 18, 2006, 12:38 AM
check out how mammoth the runway is for the airport compared to the strip.
BTW the las vegas airport hasthe nations longest runway (anyone know why?)
hmm.. maybe so when aliens arrive they have a big enough spot to land?
ok to the far left is the city center parking lot. to the far right is the parking lot for paris and aladdin (er, planet hollywood)...the 2 largest parking garages. Look how much bigger the city center garage is compared to the previos largest garages.
just wait until you see the Sands/Harrahs 15 story beast!
this is grand chateau. see how the southside of the lot is cleared. also see the shadows this tower (and many more) create. More later.....
(BTW thats Planet hollywood towers lot on the top of the image)- also see vegas' first roof top pool...
i thought Binion's had a rooftop pool....

sky-of-webs
Jun 18, 2006, 2:27 AM
roof pool. binions yes, and the old vegas world tower now stratosphere, hilton if you consider low rise roof.
the runway has to be longer so fully loaded and fully fueled large jets can take off in the summer heat. I believe pheonix or denver has a longer runway, somewhere in the us does.

sky-of-webs
Jun 18, 2006, 2:37 AM
With the las vegas sands corp. winning the right to build the casino property in Singapore, I thought someone would post the rendering (I can't find one) for what is one hellofa cool building. It's a true "logans run" circa sci-fi city scape kind of building. I want it here. The trees on the roof platform give light to the scale of it. It's like putting sunset park on top of three 50 story building.

Reverie
Jun 18, 2006, 2:49 AM
Not Google Maps, Reverie, Google Earth.

Yea, I know and use google earth well :) Otherwise I wouldn't be able to put building models like in the screenshots I posted above. I uses google maps that time since I was too lazy to open up earth to make a screenshot.

It should be known that google maps sometimes has differently dated photos then earth, which can be interesting to check out. Earth is updated more often but not always.


Anyway here's Sky Las Vegas I was working on in google Sketchup. I added cranes because it looks cool.

You guys should really try google sketchup, it's free and fun.
http://sketchup.google.com/


http://img153.imageshack.us/img153/109/image19vw.jpg (http://imageshack.us)

once I finish the base, I'll post up the file for others to add to thier gogole earth vegas skyline.

Reverie
Jun 18, 2006, 4:40 AM
Sky was giving me a headache, I messed something up, I felt like doing the Rocker Tower (4275 Dean Martin) instead, and I finished it.

Other then the main tower hieght, it's pretty hard to make these from just looking at one or wo renderings, at least with curvy towers like this one. I had to assume the heights of the lower portions like the two side thingys.

Here ya go, if you download it tell me if it works.

Open google earth, then open my file and it will load it into google earth. Drag the folder out of the temporary places and into your my palces folder on the left menu so it doesn't get deleted when you close google earth.

http://img228.imageshack.us/img228/9121/rocker8ek.jpg (http://imageshack.us)


File
http://www.yousendit.com/transfer.php?action=download&ufid=9E0BF58A37FD8A52

Here's Club Ren as well, I still don't know how to make the curvy circle thing on top but it's close enough.
You will appreciate the size of this building immediately!
http://www.yousendit.com/transfer.php?action=download&ufid=AED809C511432C33

Reverie
Jun 18, 2006, 4:57 AM
With the las vegas sands corp. winning the right to build the casino property in Singapore, I thought someone would post the rendering (I can't find one) for what is one hellofa cool building. It's a true "logans run" circa sci-fi city scape kind of building. I want it here. The trees on the roof platform give light to the scale of it. It's like putting sunset park on top of three 50 story building.

At first I thought WTF? I still don't know if I like it or not.
http://img215.imageshack.us/img215/2016/image59sh.jpg (http://imageshack.us)

This thing is indeed insane. Why can architects think of such cool futuristic resorts when instead we get something like that boring Montruex.


Plans For Las Vegas Sands' Singapore Resort Outlined

May 30, 2006 03:19 PM

A top executive at Las Vegas Sands Corp. said Tuesday that the $3.6 billion casino resort project it recently won the license to build in Singapore would make the Southeast Asian nation a key conference and tourism destination.

William Weidner, company president and chief operating officer, said the Marina Bay Sands will be operating by 2009 and account for 1 percent of Singapore's annual gross domestic product.

He cited his Las Vegas-based company's integrated resort track record in Las Vegas -- where it owns The Venetian -- and its "Asian footprint" in Macao -- where it operates the Sands Macao as key factors in their win of the hotly contested license, which was awarded Friday.

"One of the primary reasons we think we won is our position in the (meeting, convention and exhibitions) business," Weidner told a news conference. "It has been very important for us for decades and we bring that network and that expertise to Singapore. We believe that we can help reposition Singapore as 'the' worldwide destination in the region. We're dedicated to doing that."

He said the resort would "triple or quadruple" Singapore's meeting and convention visitors to nearly 900,000 annually, in addition to increasing tourism, a key goal of the city-state.

Singapore last year reversed its decades-old ban on casino gambling, and said it would award licenses to operate a casino resort at Marina Bay and another on the resort island of Sentosa to boost tourism and help the city-state shed its straight-laced image.

U.S. casino operators have been rushing to expand in Asia to tap the region's fast-growing ranks of millionaires and middle-class consumers.

The design of the Marina Bay Sands project, by internationally known architect Moshe Safdie, incorporates three tall towers sharing a common rooftop garden -- 558 feet above the ground and the size of an aircraft carrier -- an arts and science museum, 1 million square feet of retail space and a waterfront promenade.

It will occupy a 50.9-acre waterfront site in southern Singapore, with a skyline view of the city. It emphasizes green architecture and open space, said Safdie.

Safdie, who designed the National Gallery of Canada and the new Holocaust History Museum at Israel's Yad Vashem memorial, said his 6-million square foot design represented "the spirit of Singapore."

He said the art-science museum, with its dish-shaped roof that will collect rain into an indoor fountain, was designed as a "gesture of welcoming," and that the hotel complexes and roof park formed "a gateway to the city."

Weidner said Las Vegas Sands had received over $6 billion of commitments from investment and commercial banks and others and was discussing the most efficient way to finance the project.

He said the resort, which will employ 10,400 people and create 30,000 jobs overall, would help Singapore accomplish some of its goals in terms of tourism and employment.

"It means the hiring and reskilling of older workers. It means enhancing the service standards of Singapore," he said. "It means addressing social issues like problem gambling. It means partnering with local business ... to make sure that we are doing the right thing in terms of maximizing the value for Singapore overall. It means enhancing the vibrancy of Singapore as a worldwide tourist destination."

The company plans to offer over 75 percent of the jobs created to Singaporeans, including key management positions, the group said in a statement.

Las Vegas Sands was selected for the Marina Bay license over three other bidding groups -- MGM Mirage and CapitaLand Ltd., Harrah's Entertainment Inc. and Keppel Land Ltd., and Genting International PLC and Star Cruises Ltd.

(Copyright 2006 by The Associated Press. All Rights Reserved.)



http://www.msafdie.com/

sky-of-webs
Jun 18, 2006, 5:32 AM
Thanks for the pic post Reverie.:tup:
I just noticed the tower legs open up from left to right and the low sky bridge slopes.
Denver runnway 16,000 ft, vegas 14,000 ft ish, pheonix 12,000 ft ish. My guess is vegas and phoenix just couldn't go longer with existing roads and development. Denver's runway is just open or still being built (google earth) and its got all the room it needs. Why so long, the thin air, they can, and the new juuuummbbo jets.

Patrick
Jun 18, 2006, 8:22 AM
Nice Models! I've been working on Google Earth too, here is my shot of Downtown so far.
http://img138.imageshack.us/img138/9210/ghj7rc.jpg

Downtown Joe
Jun 18, 2006, 6:52 PM
Update on Renzi. According to http://hiriseherb.com/ it's for sale for $17 million. It seems doubtful that someone would actually sell a $17 million property through hirise herb, but then again it seems doubtful that a credible company would leave his signs on the property for any length of time. It looks like another fantasy project that was only designed to hike up the price of the land with no real prospect of actually being built.
http://ranchopollodelmar.com/hrh4.JPG

Bender13
Jun 19, 2006, 3:14 PM
That really sucks about Renzi. Those towers looked like they were going to be awesome. Also on that hiriseherb site is the land for French Quarter Lofts, I kind of figured that project was close to dead since we've heard nothing from it for like over a year.

In good news, I found this article in todays RJ. A mixed use development at Main and Bonanza. Not the best location but hopefully that area will improve with this project. It not that tall only 8 stories, but what I love is that it's designed and priced for middle class locals. This is what I think downtown needs more midrises that are priced for the middle class who will be working there. It's a mix of all types of people living and working there that will make downtown vibrant and alive. That can't be done with hi rises for the upper class alone.
http://www.reviewjournal.com/lvrj_home/2006/Jun-19-Mon-2006/business/7969268.html
Aquitania lofts would mix homes, shops

Proposed complex would have shops, 296 residences

By HUBBLE SMITH
REVIEW-JOURNAL

A 2.7-acre parcel on the northeast corner of Main Street and Bonanza Road has been fenced off with a wrap advertising Aquitania lofts, a proposed commercial and residential mixed-use project.

Darren Dunckel, president of Orange County, Calif.-based Aquitania, said he filed a tentative map with the city of Las Vegas seeking approval of 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.

Dunckel said he did his "due diligence" on Las Vegas before he joined Aquitania three months ago and felt the location isn't as bad as people think.

"Looking at the space and what's around it now, I agree, it's not the greatest space. It's not between Bellagio and The Mirage. But look at what's going on downtown. There's empty land to the north of us on Main Street and they're looking at developing residential," he said.

"I see an opportunity to come in and build a reasonably priced high-value project for the working class. I'm not developing for people coming from Newport Beach who come to Vegas once a month for the weekend. I'm building for people who live in Las Vegas and those who work downtown."

Downtown Las Vegas has 97 future projects proposed, including dozens of high-rises that have yet to scratch the surface such as Elite Condo Tower (45 stories, 451 units), Main Street Tower (39 stories, 411 units), Eighty on 4th (39 stories, 89 units), 930 @Third (five stories, 86 units), Grandview Towers (20 stories, 1,445 units), Renzi Towers (63 stories, 1,011 units), Evolution I (28 stories, 159 units), Evolution II (47 stories, 280 units), Simayof Tower (24 stories, 460 units), The View (25 stories, 472 units), Wall Street Towers (600 feet, 3,012 units) and French Quarter Lofts (11 stories, 34 units).

There's also the five square blocks acquired by New York investors David Mitchell and Barnett Lieberman for $100 million to build a project called Live/Work Las Vegas Condos.

Also in the same article the land for Icon has been sold
ICON LAND: Tarsadia Hotels, a private hotel company based in Orange County, Calif., has reportedly purchased the 5-acre site of the canceled Icon high-rise condo project on Convention Center Drive from Related Las Vegas for $37 million.

Established in 1976, Tarsadia concentrates its business in Anaheim, Calif., with several hotels around Disneyland, as well as San Francisco, Los Angeles, San Diego and Las Vegas, where the company owns Atrium Suites hotel at 4255 S. Paradise Road.

Tarsadia has completed more than 100 hotel transactions in the past decade, from 50-room limited-service hotels to 1,000-room full-service convention properties. The company currently operates 15 hotels with 4,300 rooms and has nearly 1,700 rooms in various stages of development.