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Monday, August 14, 2006

MGM Announces CityCenter Realty to Sell Their Newest Las Vegas High Rise Condo Development

It was just a matter of time, but Las Vegas-based MGM Mirage just formed a condo sales company called "CityCenter Realty" to oversee sales of their 2,800 luxury condominiums at its Project CityCenter development.

Previously the CEO of Coldwell Banker Premier Realty, Bob Hamrick now becomes the corporation's new senior vice president with Grant Murray serving as vice president of sales. Murray was the former sales director for Concord Pacific Place in Vancouver. Rounding out the newly announced team is Anna Houssels, who will serve as the director of sales.

The 76-acre 18 million-square-foot, hotel, residential, and entertainment undertaking - with a reported pricetag of $7 billion - officially broke ground on June 26.

Chicago-based Murphy/Jahn Architects is designing two leaning glass towers, combining for 810 units; Rafael Vinoly Architects of New York is doing a 50-story ebony tower with 1,543 units; New York-based Kohn Pederson Fox Architects' Mandarin Oriental Hotel and Residences will have 215 units; and The Light Group's tower will make up the remaining units.

While the sales center will open in January 2007, Project CityCenter is tentatively scheduled to finish by November 2009. It'll be here in no time. If you're not currently on the interest list for this project, definitely e-mail me with your contact information and I'll make sure you get first crack at reservations once they become available.

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