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Thursday, September 15, 2005

Further Proof the MGM Residences is your Best Las Vegas High Rise Condo Hotel Option

Excavation has begun three months earlier than planned for the third and final 40-story condo hotel tower at the Residences at MGM Grand, a joint-venture project between MGM Mirage and Turnberry Associates.

I've said time and time again that the people involved in bringing you this project know what they're doing, and actually being ahead of schedule in such a crazy Las Vegas condo market speaks volumes. The first tower broke ground in January 2004 and sold out in 90 days. With construction on that tower scheduled for top off this month with completion in mid-2006 and with the second tower already sold out and currently under construction, do you really need further proof that this project is your best bet for high rise condo hotel ownership in Las Vegas?

This project will happen AND it makes cash-flow sense. The towers are being built on 20 acres in the northeast section of MGM Grand's 116-acre property located near Koval Lane and Harmon Avenue with an enclosed moving walkway that will connect the Residences with the MGM Grand hotel.

The project will generate $1.2 billion in sales. Although up to 6 towers can be built on the entire site, no plans have been made beyond the three condo-hotel towers. The good news is there's still time to get in on Tower 3, so don't wait any longer for ownership in the best condo hotel Las Vegas has to offer and contact me today.

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