Friday, November 27, 2009

Las Vegas CityCenter Nears Completion


If you've been to the Las Vegas in the last few years, you've probably seen the enormous construction going on next door to the Bellagio. The massive project dubbed "CityCenter" is an attempt to revolutionize the Strip. Billed as a hotel, living, dining, shopping, and entertainment complex, it's a big gamble.

At a cost estimated to be $8.5 billion, it was a monumental undertaking from the beginning. Add to that the suffering economy, the credit crunch, and the housing collapse, which has resulted in a drop in visitors to the gambling paradise, and you can see that the timing for this project couldn't have been worse.

Still, the CityCenter will no doubt be impressive. It's City within a City is filled with artistic touches and state-of-the-art technology to gives its guests and visitors an unparalleled experience. Will the concept of CityCenter deliver a profitable model for its ownership? Time will tell.

CityCenter is scheduled to begin a phased opening beginning December 1 with the Vrada Resort/Condo. For more information, please see Las Vegas' new CityCenter a big gamble, prepares to open.

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