Comments on: Las Vegas Mega Hotel and Casino Projects: 3 Years, $30 Billion, 30,000 Rooms http://www.lasvegasfocus.com/news/2008/03/las-vegas-mega-hotel-and-casino-projects-3-years-30-billion-30000-rooms/ The best in Las Vegas news and information for the smart traveler. Tue, 08 Oct 2019 16:37:21 +0000 hourly 1 http://wordpress.org/?v= By: John http://www.lasvegasfocus.com/news/2008/03/las-vegas-mega-hotel-and-casino-projects-3-years-30-billion-30000-rooms/comment-page-1/#comment-3105 John Tue, 08 Apr 2008 22:28:37 +0000 http://www.lasvegasfocus.com/news/2008/03/las-vegas-mega-hotel-and-casino-projects-3-years-30-billion-30000-rooms/#comment-3105 With blood running in the streets in Financial Centers it was just a question of time before we saw the effects reach The Strip. 2 major projects ( Crown Las Vegas and ELAD's New York Plaza ) have been cancelled in just the past month. The Cosmopolitan is on very shaky ground indeed and MGM/Mirage could just be waiting for the right time to snap it up and convert the site into a parking structure for City Center. Recent blogs and podcasts have offerered a a variety of opinions about what these developments hold in store for Las Vegas. Some of it is good because City Center is so huge and it's a sure thing. Less so for parts of Echelon and Fountainbleau but with Encore ( also a sure thing ) coming online around the same time as City Center in 2009, Las Vegas will be getting approximately 8 - 9 thousand new high end hotel rooms. The timing of this could be good because properties like Mirage, Paris, Mandalay which are long built and paid for but still good quality accommodations would mean attractive lodgings for visitors and convention goers. With blood running in the streets in Financial Centers it was just a question of time before we saw the effects reach The Strip. 2 major projects ( Crown Las Vegas and ELAD’s New York Plaza ) have been cancelled in just the past month. The Cosmopolitan is on very shaky ground indeed and MGM/Mirage could just be waiting for the right time to snap it up and convert the site into a parking structure for City Center.

Recent blogs and podcasts have offerered a a variety of opinions about what these developments hold in store for Las Vegas. Some of it is good because City Center is so huge and it’s a sure thing. Less so for parts of Echelon and Fountainbleau but with Encore ( also a sure thing ) coming online around the same time as City Center in 2009, Las Vegas will be getting approximately 8 – 9 thousand new high end hotel rooms. The timing of this could be good because properties like Mirage, Paris, Mandalay which are long built and paid for but still good quality accommodations would mean attractive lodgings for visitors and convention goers.

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