MGM Mirage finally began construction on their $7 billion dollar CityCenter project, the largest privately financed construction project in the history of the United States.
The 18 million square foot mixed use urban village will integrate high rise residential condominiums and a major retail mall with a hotel-casino development and will eventually transform the Las Vegas Strip into a living experience like nothing Vegas has ever seen.
Perini Construction, one of the largest and most respected builders in Las Vegas, is the construction company hired to build CityCenter, which will include a 60-story, 4,000 room hotel-casino tower, two 400-room, nongaming hotels; 500,000 square feet of retail shops, dining and entertainment venues; and residential condominiums.
When the project is fully completed and opened, Project CityCenter will employ 12,000 people in the project's retail and residential components, and Las Vegas will have a totally modern urban residential district with high-end shops, gourmet restaurants and unique pedestrian trails.
In short, with the resources MGM Grand brings to the table, this project is poised to be a major success. You too can get involved with the most impactful project Las Vegas has ever seen by getting on an interest list to purchase the high rise condo units. Like I said before, it won't be cheap, but if you feel you've missed out on the Las Vegas high rise condo hotel craze, Project CityCenter will make it up to you.
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