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Thursday, January 08, 2009

CityCenter Cancels Harmon Residences High Rise Condo Hotel Project

As many of you Las Vegas high rise condo hotel followers have noticed, the Harmon Residences portion of MGM's Project CityCenter has been in the news recently - and not in a good way. CityCenter has announced they have cancelled the project due to "construction issues".

Here's text of an email letter I received today directly from the source:
"You may have heard or seen information about The Harmon Hotel, Spa & Residences in recent news. As a Broker or Agent affiliated with CityCenter, we want to ensure you have the most accurate and up-to-date information.

MGM MIRAGE announced that it would cancel The Harmon Residences and delay the opening of The Harmon Hotel and Spa by one year. Please visit here to read the complete press release.

Although we are no longer continuing with The Harmon Residences, the remainder of the CityCenter project
is proceeding forward towards completion and there are still opportunities for ownership of a residence within our community.

For a different perspective on this story, read this article published in yesterday's Las Vegas Review Journal. Then go directly to the comments section at the bottom for some interesting takes from the Las Vegas gallery...

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