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Center City Las Vegas
Havent seen any talk about this development, with the biggest part set to open just a month away. What's your thoughts on this, New best hotel or a bust? Seems like the approx 7000 new hotel rooms could put a huge damper on the rest of the hotels, including its sister hotel the MGM grand. Seems like the 200+ condos are still selling in this down market, for a whoping 1.7mil each
The 12000 new jobs it will be offering sure seem like it will help there local economy.
around 17 million square feet makes it the biggest property on the strip.
Claims to be the largest privately financed development in the United States. I just dont see it as being anything super special. Whats your thoughts?
Might be time to buy MGM stock!
-Scott
Also shows much developing can actually cost alot more then you plan, orignally set at a 4 billion dollar project ending up costing around 11 billion, and thats with losing 25 storys on one of the hotels!
-Scott