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MGM Mirage Project CityCenter Las Vegas adds an extra $1 billion to the cost of the mixed use development according to a filing. Previous cost of construction budget estimations was near $8.1 to $8.4 billion.

Nationwide skyrocketing construction costs has weighed very heavily on Las Vegas real estate market. This mega resort is owned 50 percent by Dubai World in a buyout they completed last year.

Continue reading MGM Mirage Project CityCenter Las Vegas Adds Extra $1 Billion To Cost

Simon Restaurant at Palms Place Las Vegas opened today by chef Kerry Simon. The $7.2 million restaurant is a business partnership with Elizabeth Blau and Palms owner George Maloof. Another restaurant in Las Vegas, Nevada includes the Simon kitchen + bar at the Hard Rock hotel casino.

Simon, managing partner, recently won the Iron Chef America award.

Continue reading Simon Restaurant At Palms Place Las Vegas Opened Today By Kerry Simon

Las Vegas homes for sale in Southern Nevada by Pardee are now EnergySmart. The EnergySmart standards are green building standards that exceed local, state and national building codes for energy savings.

An independent certification assures at least a 15 percent savings in the energy code requirements for building green.

Pardee Homes building now includes vinyl framed and spectrally selective glass windows for energy efficiency. The new home will stay warner in the winter and cooler in the summer, and improved indoor air quality with sealed ducts.

Continue reading Las Vegas Homes For Sale In Southern Nevada By Pardee Now EnergySmart

Las Vegas NV Real Estate

Las Vegas Luxury Real Estate Home Sales For April 29 - May 5 2008

$1.48 million, Anthem Country Club Real Estate, 4,706 square feet, 5 bedrooms, 5.5 baths, crown molding, travertine floors, view deck overlooking the Strip, mountain and city views,

$1.1 million, Red Rock Country Club Real Estate, 3,601 square feet, 4 bedrooms, 3.5 baths, gated courtyard with fountain, granite counters, custom pool, spa, four-car garage, Strip and golf views.

Continue reading Million Dollar Luxury Las Vegas Real Estate Sold From May 6-12 2008

Las Vegas visitor totals show declines for occupancy, rates and traffic for March. Results released last week show the total amount of visitors to Las Vegas was 3.4 million, or a decline of one percent. With everything in Las Vegas, Nevada rising, including the once 99 cents shrimp cocktail, Las Vegas hotel owner’s lowered their nightly rates.

Hotel rooms in Las Vegas occupancy fell to 92 percent, a two percent decline. This brought the average hotel room rate to $135 per night. One influencer to the occupancy rate is the addition of 4,000 hotel rooms including Palms Place, Signature MGM Grand and Trump Tower Las Vegas NV hotel.
Continue reading Las Vegas Visitor Totals Show Declines For Occupancy, Rates & Traffic

Guggenheim Hermitage Museum closes its doors today at the Venetian Las Vegas, NV hotel. Closing after seven years of showcasing world class artists from the 1870s through the 20th century’s first several decades. For almost a year an exhibition of 37 masterpieces, the Modern Master Guggenheim Collection from New York’s Guggenheim Museum, has been on exhibit.

Continue reading Guggenheim Hermitage Museum Closes Doors Today At Venetian Las Vegas