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MGM Mirage is planning to
develop a multibillion-dollar “urban
metropolis” on the Strip between Bellagio
and the Monte Carlo.
The 66-acre development, named Project
City
Center for now, will accelerate the
evolution of Las Vegas into a sophisticated,
multidimensional city, said Jim Murren,
President and Chief Financial Officer of MGM
Mirage.
The 18 million-square foot first phase of
the project calls for a 4,000 room hotel and
casino, three 400 room boutique hotels to be
operated by internationally recognized
companies not currently in Las Vegas, 1,650
luxury condominium-hotel units and 550,000
square feet of retail, dining and
entertainment space.
-Excerpt from Hubble Smith’s Review
Journal Article 11/10/04 |
