HomeDiagramsDatabaseMapsForumSkyscraper Posters
     

Go Back   SkyscraperPage Forum > Global Projects & Construction > City Compilations

Reply

 
Thread Tools Display Modes
     
     
  #7761  
Old Posted Dec 9, 2009, 8:56 AM
heyyoucharlie's Avatar
heyyoucharlie heyyoucharlie is offline
Make me a TACOOOOOOOOO!!!
 
Join Date: Feb 2007
Location: Lost Wages, NV
Posts: 522
Also, being the VIP week/weekend, I wonder if it was because of the VIP atmosphere they were trying to set for the opening... A dress code just to enter a building will never survive in the tempature extreems that vegas goes through.
Reply With Quote
     
     
  #7762  
Old Posted Dec 9, 2009, 12:42 PM
leftopolis leftopolis is offline
Earthling
 
Join Date: Oct 2003
Location: San José
Posts: 1,360
Quote:
Originally Posted by Krases View Post
I guess another bidder may enter the bidding war for FB.

http://www.lasvegassun.com/news/2009...fontainebleau/

I have seen some of their other plans before. I guess they want to target military personnel and veterans. Honestly seems a bit odd to me.
Good find...However, these guys sounds very un-serious--in the "competent business people/investors" sort of way. Frankly, the only thing keeping them from being laughed at is the patriotic, "we support the troops" mentality. Unfortunately, it's a lame idea to focus a giant-ass LV Strip resort--just for veterans. Just a wild guess on the figures, but they'd be shutting out 80-90% of foot traffic, for starters. Worse yet, they're using patriotism in an attempt to pull off a con.
__________________
"There is no endeavour more noble than the attempt to achieve a collective dream. When a city accepts as its mandate its quality of life; when it respects the people who live in it; when it respects the environment; when it prepares for future generations, the people share responsibility for that mandate, and this shared cause is the only way to achieve that collective dream." - Jaime Lerner
Reply With Quote
     
     
  #7763  
Old Posted Dec 9, 2009, 2:49 PM
cbotnyse cbotnyse is offline
Chicago Enthusiast
 
Join Date: Jun 2007
Location: River North, Chicago
Posts: 1,620
Quote:
Originally Posted by mdiederi View Post
There are dress codes at many restaurants in Las Vegas resorts, usually what they call "casual business attire", and some of the ritzier restaurants, like Alex at Wynn, say "no casual attire, jackets suggested".
http://www.wynnlasvegas.com/#dining/alex/
sure thats certainly understandable, but the poster said he couldnt even get in the building! But if MO has no casino, then I can see a strict dress code, but not just to walk around the lobby and explore (especially with my camera). I cant wait to get there and check it out! (I'll be staying at Varada this weekend)
Reply With Quote
     
     
  #7764  
Old Posted Dec 9, 2009, 4:44 PM
mdiederi's Avatar
mdiederi mdiederi is offline
4
 
Join Date: Sep 2006
Location: JT
Posts: 4,685
Quote:
Originally Posted by cbotnyse View Post
sure thats certainly understandable, but the poster said he couldnt even get in the building!
I was responding to someone else.
Quote:
Originally Posted by VegasMatt View Post
I always felt one of the thing that made Vegas kinda cool and unusual, was the fact you could show up for fine dinning in shorts and a t-shirt.
Reply With Quote
     
     
  #7765  
Old Posted Dec 9, 2009, 5:06 PM
mac78130 mac78130 is offline
Sleep is for quitters
 
Join Date: Sep 2008
Posts: 921
CityCenter's 5 new creations by WET Design: Lumia, Focus, Latisse, Glacia and Halo.

http://www.4-traders.com/MGM-MIRAGE-...egas-13287906/
Reply With Quote
     
     
  #7766  
Old Posted Dec 9, 2009, 5:28 PM
mdiederi's Avatar
mdiederi mdiederi is offline
4
 
Join Date: Sep 2006
Location: JT
Posts: 4,685
Just over a year and a half ago Station Casinos announced that the site of the Wild Wild West casino on the corner of Tropicana and Dean Martin would be developed into an ambitious super maga resort project called Viva Las Vegas, and rival CityCenter in size. Well, today they have announced that the Wild Wild West will be rebranded as a Days Inn. So much for ambition.

Last edited by mdiederi; Dec 10, 2009 at 3:26 AM.
Reply With Quote
     
     
  #7767  
Old Posted Dec 9, 2009, 6:36 PM
justdefended justdefended is offline
Registered User
 
Join Date: Jan 2007
Posts: 323
CityCenter condo financing arrives

Good news for condo buyers:

CityCenter Selects PennyMac as a Lending Resource for Residential Buyers and Introduces a Seller Financing Program

http://www.prnewswire.com/news-relea...-78861297.html
Reply With Quote
     
     
  #7768  
Old Posted Dec 9, 2009, 10:03 PM
mac78130 mac78130 is offline
Sleep is for quitters
 
Join Date: Sep 2008
Posts: 921
ARIA's new website

http://www.arialasvegas.com/
Reply With Quote
     
     
  #7769  
Old Posted Dec 10, 2009, 2:38 AM
ScottG ScottG is offline
Registered User
 
Join Date: Jul 2005
Posts: 802
houston, we may have a problem....


driving home from work i took lv blvd (i know its not a commuters route - but i was just curious how the front of city center was coming along)


well, i spent about 10 minutes driving along the front of city center (traffic) and i witnessed two separate parties walking over and across the landscape barrier to jay walk over las vegas blvd - looks like people do not want to shlep up and over the pedestrian bridges as they are inset into the city center propery and might just be easier to risk the walk across the street instead (hey its the tourist mentality)

ALSO, there were only about 20 people walking along the crystals sidewalk - (maybe they were all inside?) across the street tho there was the normal pedestrian traffic....

maybe people still think that side is unwalkable, maybe people get absorbed into the building instead of along it - maybe there needs to be access to the pedestrian bridges closer to the sidewalk.

or maybe tourists' depth perception gets thrown off because of the size of city center and cant distinguish between the distance from across the street compared to where the (tall) ped. bridges are......

time will tell if they need to put higher walls along the sidewalk so people arent climbing up and over the landscape. < classy
Reply With Quote
     
     
  #7770  
Old Posted Dec 10, 2009, 10:09 AM
mac78130 mac78130 is offline
Sleep is for quitters
 
Join Date: Sep 2008
Posts: 921
Came across a few Cosmopolitan Night club renderings a while back, forgot to post them here..

http://www.moodesign.net/apps/photos...lbumid=3000324

Reply With Quote
     
     
  #7771  
Old Posted Dec 10, 2009, 4:52 PM
CosmoVegas CosmoVegas is offline
Registered User
 
Join Date: Sep 2007
Posts: 42
Is anyone else starting to get a feeling that citycenter may not end up being as big of a deal as mgm had hoped? Just browsing through other message boards and news articles I found a couple of kind of interesting points. The second link is just someone on a message board, but his numbers do look close to correct. Any thoughts?

http://www.nypost.com/p/news/busines...jKaED4yu9GCiVM

http://messages.finance.yahoo.com/St...=2&frt=2&off=1
Reply With Quote
     
     
  #7772  
Old Posted Dec 10, 2009, 5:40 PM
mdiederi's Avatar
mdiederi mdiederi is offline
4
 
Join Date: Sep 2006
Location: JT
Posts: 4,685
Quote:
Originally Posted by CosmoVegas View Post
Any thoughts?
Seems logical. Sometime in just a few months Harrah's or Carl Icahn will probably start buying the debt for pennies on the dollar and take the place over in bankruptcy. That's the only outcome I can see at this point. There is no possible way CityCenter will make enough money to cover the debt payments they owe in 2010. They can try to take CityCenter public, but the offering probably won't attract enough investors because of the massive debt. I'm estimating that they have to make about three million dollars a day just to pay the interest on the debt, which doesn't leave much room for operating expenses, and you can totally forget about any profit.

Last edited by mdiederi; Dec 10, 2009 at 7:40 PM.
Reply With Quote
     
     
  #7773  
Old Posted Dec 10, 2009, 10:08 PM
justdefended justdefended is offline
Registered User
 
Join Date: Jan 2007
Posts: 323
Quote:
Originally Posted by CosmoVegas View Post
Is anyone else starting to get a feeling that citycenter may not end up being as big of a deal as mgm had hoped? Just browsing through other message boards and news articles I found a couple of kind of interesting points. The second link is just someone on a message board, but his numbers do look close to correct. Any thoughts?
CityCenter will not file for bankruptcy.

What the NY Post didn't attempt to research is that the $1.8 billion secured for CityCenter is a $1.8 billion credit facility that doesn't mature until April 2012 with certain financial covenants modified to provide CityCenter with flexibility in the first 18 months of operations.

Why would a consortium of banks lend $1.8 billion and expect to see short term results? This is a long-term investment not only for CityCenter but for the city of Las Vegas. To lend to a project of this scale only to place the borrower in a position of default would be absurd in the current economic climate.

MGM said this month that it doesn't expect the need to sell any more properties like the TI transaction. But if it was in dire need of cash, there are plenty of high-profile properties and land assets to sell off to reach certain short-term commitments. Also, Murren told Bloomberg this week that CityCenter is inoculated against any default by its owners, and future borrowings would be based on the project's credit rating and projected cash flow.

The Dubai debt situation doesn't affect CityCenter - it's fully funded. However, Dubai may be required to liquidate assets in order to pay creditors. That could involve their share of CityCenter, which would only benefit MGM Mirage.

The NY Post article attempted to lump Dubai's debt situation with an incorrect assessment of loan terms regarding CityCenter, not to mention not including cash flow generated from other MGM Mirage properties that could offset debt commitments.

Last edited by justdefended; Dec 10, 2009 at 10:53 PM.
Reply With Quote
     
     
  #7774  
Old Posted Dec 11, 2009, 5:41 AM
Krases's Avatar
Krases Krases is offline
Registered User
 
Join Date: Nov 2008
Location: Las Vegas
Posts: 1,227
Exactly. MGM has a lot of assets that it would be willing to part with to stay afloat. Not just casino's, but empty plots of strip front property.

VTAT has a map of MGM's properties here in the valley.
__________________
There are many things money can buy. But one thing money can't buy is your momma, she's for free and everyone knows it.
Reply With Quote
     
     
  #7775  
Old Posted Dec 11, 2009, 6:41 AM
mac78130 mac78130 is offline
Sleep is for quitters
 
Join Date: Sep 2008
Posts: 921
CityCenter opens new fire station

http://www.lasvegassun.com/news/2009...on-citycenter/
Reply With Quote
     
     
  #7776  
Old Posted Dec 11, 2009, 12:35 PM
mac78130 mac78130 is offline
Sleep is for quitters
 
Join Date: Sep 2008
Posts: 921
flickr photo by So Cal Metro
Reply With Quote
     
     
  #7777  
Old Posted Dec 11, 2009, 2:42 PM
cbotnyse cbotnyse is offline
Chicago Enthusiast
 
Join Date: Jun 2007
Location: River North, Chicago
Posts: 1,620
I'm off to City Center! I have my camera and tripod packed. Expect lots of pics on Monday!
Reply With Quote
     
     
  #7778  
Old Posted Dec 11, 2009, 7:42 PM
ScottG ScottG is offline
Registered User
 
Join Date: Jul 2005
Posts: 802
interesting viewpoint on CC:
http://www.casinoguide.com/blogs/lif...-for-optimism/

I feel like the honeymoon is over before it’s even started.

’ve been trying to cheerlead my ass off, but I have to face facts. I’m a lousy cheerleader.

Yay, Vdara’s open!
Yay, Crystals is open!
Yay, Mandarin Oriental is open!

Now what?

Aria.

Then what?

I … Don’t … Know.

What in the hell does Las Vegas need with two goddamn non-gaming hotels? Didn’t Trump already try that? Despite the size of the property, it’s still going to have one, single, solitary casino. Oh stop the presses, Vegas is getting a casino.

Reality is starting to rear its ugly head. We are now one week removed from City Center’s official open, and I have yet to go back. I haven’t wanted to do so. There is nothing to do there except shop for diamonds, and ride a tram.


Granted, they don’t have a casino yet, but for christ’s sake, there are already 200 casinos in the Las Vegas Valley. Pick a game, any game, and I can go and play it right now. Are tourists really hoarding their gambling cash so that they can run em-masse and drop it at a table in Aria?

How much better can it really be than Planet Hollywood across the street? What criteria would Aria have to meet for the Vegas gambler to call it the greatest casino ever built?

I almost don’t want it to open because deep down I know that it’s written a check that it simply can’t cash. I fear that everyone likes the idea of City Center more than they will like City Center itself.
Reply With Quote
     
     
  #7779  
Old Posted Dec 11, 2009, 10:27 PM
_ttam_ _ttam_ is offline
Registered User
 
Join Date: Jun 2009
Posts: 2
Quote:
Originally Posted by ScottG View Post
.... Despite the size of the property, it’s still going to have one, single, solitary casino. Oh stop the presses, Vegas is getting a casino.

Reality is starting to rear its ugly head. We are now one week removed from City Center’s official open, and I have yet to go back. I haven’t wanted to do so. There is nothing to do there except shop for diamonds, and ride a tram. ....
City Center will be connected by tram to 3 MGM casinos. The beauty is 2 of them have already been built! Monte Carlo and Bellagio.
Reply With Quote
     
     
  #7780  
Old Posted Dec 11, 2009, 10:55 PM
Complex01's Avatar
Complex01 Complex01 is offline
Endless Moments...
 
Join Date: Aug 2006
Location: Texas...
Posts: 2,927
Great pic from up above. Fancy...
__________________
Wizard's First Rule: People are stupid; given proper motivation, almost anyone will believe almost anything. Because people are stupid, they will believe a lie because they want to believe it's true, or because they are afraid it might be true.
Reply With Quote
     
     
This discussion thread continues

Use the page links to the lower-right to go to the next page for additional posts
 
 
Reply

Go Back   SkyscraperPage Forum > Global Projects & Construction > City Compilations
Forum Jump


Thread Tools
Display Modes

Forum Jump


All times are GMT. The time now is 12:00 AM.

     

Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2017, vBulletin Solutions, Inc.