M Resort Las Vegas is expected to open for business on March 1, 2009. The local $1 billion Las Vegas hotel casino on 93 acres of land will have 390 rooms, nine restaurants, 90,000 square foot casino, 2.3 acres of luxurious pool, 20,000 square foot spa and 60,000 square feet of meeting areas.
A 47 story Las Vegas hotel casino proposed for downtown Las Vegas Union Park. The 1.6 million square feet resort will include 1,000 hotel rooms, 120,000 square feet of casino, meeting rooms, health club and spa.
UPDATE: 2/4/09 Las Vegas City Council approved plans for the Union Square hotel.
There hasn’t been a newly built downtown casino hotel since 1979. Forest City, the real estate developer, has another project it must complete before the city will agree to the Union Park 6.4 acres of land for the commercial real estate.
The current Union Park parcel needs approval of the City Council for a site plan and a zoning change for the height of the proposed 47 story hotel casino.
The City Council and a local union has second thoughts about a new city hall due to the downturn in the economy. The building will also need to be approved after being placed on the ballot box this year.
No money to buy a luxuy Las Vegas condo due to the tightened credit market and increased down payment? A new idea for a local Las Vegas real estate developer has come up with a solution for a slump in sales, rent unsold condominiums.
Now you can live like a king on a smaller budget. Trump Las Vegas will lease their furnished upscale apartments for up to one year. If all goes well, other developers could jump on the bandwagon. Slowed or stalled sales at future condo hotels including units at MGM Mirage Project CityCenter could follow.
Solar powered green homes in Las Vegas real estate are now available. Builder, Pulte Homes, is offering Villa Trieste “green†and more energy efficient homes for sale in Las Vegas. Homes are priced from the mid $200,000s.