Christopher Milam makes second bid for real estate on Las Vegas Strip. The Texas real estate developer is making a second attempt to purchase the land on the old Wet n Wild site for $618 million, or $22.9 million per acre located next to Sahara hotel. This news was distributed from a filing with the Securities and Exchange Commission.
Project CityCenter Las Vegas opens applications for jobs on January 5, 2009. The Las Vegas resort will need more than 12,000 jobs filled by an estimated 100,000 job applicants. Employment for the $9.3 billion resort will commence early January.
Update 1/5/09: Project CityCenter Jobs are now available.
Hiring for CityCenter’s nongaming hotels, Vdara, Mandarin Oriental and Harmon will be administered by MGM Mirage. In addition, they will oversee Aria and the dining, entertainment and retail real estate for Crystals.
Manhattan West Las Vegas condos stopped construction on development in west Las Vegas real estate. The mid rise development by Gemstone Development cites mortgage lenders terminating financing.
The local real estate developer is looking to create an investment group for buying discounted senior notes for completion of the development.
This past year in Las Vegas the pricing for residential real estate has deeply been discounted. Many developers have lowered their prices to levels of at or below their cost. At this pace many builders are going bankrupt or out of business. (more…)
Calendar of Conventions in Las Vegas Nevada Hotels
Las Vegas Convention Schedule For Jan 6 - 12 2009