Tuesday, November 23, 2010

City Center Question? -

I know that Vdara, Aria, and the Mandarin Oriental are opening in December, but when are the other portions going to be open? Should they be open by the end of March?

Here is CityCenter s opening Schedule: Vdara opens December 1, 2009 Aria opens December 16, 2009 Crystals retail and entertainment district at City Center opens December 3, 2009 Mandarin Oriental, opens December 4, 2009 The Harmon Hotel opens Late 2010 Residential occupancies will begin mid-January 2010

I am not sure what you mean by the other portions . The Cosmopolitan Resort Casino is physically next to City Center, and MGM almost took it over (but declined). That will be 3000 rooms, but is not going to open until a year from now [ the same timeframe as the Harmon Hotel (400 rooms) ].As for the rest of Vegas:(0) Golden Nugget Rush tower (opens today) 500 rooms(1) Planet Hollywood Towers by Westgate 3667 ( 721 timeshares 480 hotel rooms)(2) Hard Rock Hotel expansion (375 rooms on top of the 490 rooms added on August 1)(3) The Grandview at Las Vegas tower #6 in July 2010 (400 rooms--------------------(4) The bidding has begun on the Fountainbleau so that might be completed next year (3800 rooms)(5) The Octavius Tower at Ceasars Palace is finished on the outside. Can be done quickly (665 rooms)(6) The half finished tower on the Venetian is stalled indefinitely (1000 rooms)============The Echelon which is only steel girders on the site of the old Stardust is stalled indefinitely. No one knows if they will have to take the steel down at some point. (4000 rooms)============Everything else is simply on paper or the land has been cleared but no construction has begun. When that starts again is anyone s guess. The most visible land clearing is the site of the old New Frontier casino across from the Wynn. If past is prologue then Steve Wynn will start it up again in the future with his 3rd of 4 towers built around the golf course. However, in the first quarter of operations, the Encore + Wynn has revenue only slightly higher than the Wynn did alone the previous year. That s a lot of capital investment for almost no revenue increase.

lv review journal on line channel 8 local news on line. they both did some tours the other day with all the dates and info. that will give you the best timetable and some are printable.

Everything is slowly opening over the next several months.