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.
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.
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.
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.