Liz Benston in the June 4th Las Vegas Sun has two bullish stories on future growth. The first is on increased investor interest in Las Vegas gaming and condos. The second report is on Cosmopolitan, going up between Bellagio and CityCenter.
Investment appetite for Las Vegas is hotter than ever.
Categories: Business of Gaming, CityCenter, Las Vegas Strip
Oh boy, more.... Bland glass towers!
Doesn't anyone have any imagination left anymore? At least the Palms can make a building look unique without sticking out like a fun house, but all these out of town developments are dull looking. Cosmopolitan has a pretty good chance of making it because of it's location but the others, ehh, I kind of breathe a sigh of relief each time another condo/timeshare tower bites the dust.
Maybe it's the "now that I live here nobody else should" mindset that's in human nature, but I prefer that if we're going to have high-rises, they have soem flavor. There's absolutely nothing in anybody's plans that looks as unique as Luxor, or NY-NY, or even the new Wynn buildings.
Bollocks to all these developers running into town to build what is essentially a big box with little personality. If you want high-rises that all look the same as one another, go to NYC.
But what of the poor forlorn Jockey Club? Any news on what is going to happen there? It is somewhat (let's see, what's a nice word for it) incongruous to the rest of the development in the area.
I believe Jockey Club timeshare is owned by the same company that operates Polo Towers, Diamond Resorts International. Jockey Club is sitting on some very valuable property. If they wanted to sell, how do you sell a timeshare?
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