LAS VEGAS REAL ESTATE | HOMES FOR SALE IN LAS VEGAS | LAS VEGAS NEW HOME

Grand Hyatt Las Vegas Will Operate Cosmopolitan Condos

At a ceremony held before a gathering of Las Vegas local officials, dignitaries, business leaders, and members of the media, Hyatt and The Cosmopolitan Las Vegas condos executives, using a large backhoe, cracked through the asphalt to mark the beginning of an approximately three year Las Vegas real estate construction process. The Grand Hyatt Las Vegas at The Cosmopolitan Resort & Casino condos is projected to open in mid-2008. Hyatt will operate the property’s 3,000 hotel rooms, suites and condo-hotel units.

“Few addresses on the Strip have a better location,” said Thomas Pritzker, chairman and CEO, Global Hyatt Corporation. “Hyatt is thrilled that it will be offering customers a unique ‘Vegas’ experience in Grand Hyatt style that includes impeccable service, and exceptional facilities for leisure and business travelers.”

“The Cosmopolitan Las Vegas homes represents a new era in Las Vegas commercial development,” said Ian Bruce Eichner, CEO of 3700 Associates, LLC, the developer of The Cosmopolitan condos. “We’re building something different on The Strip, the likes of which Las Vegas has never seen before and may never see again. The sheer ‘verticality’ of this development as it towers 600 feet above The Strip is more akin to the urbanization of Manhattan, or other cosmopolitan cities around the world,” said Eichner, who spent the past 30 years developing more than six million square feet of luxury high-rise residential, office, hospitality, and retail space in such prominent locations as New York City and Miami Beach.

At the height of construction, the Las Vegas Cosmopolitan project will generate approximately 3,000 construction jobs and stimulate millions in tax revenues. Upon opening in mid-2008, Grand Hyatt Las Vegas and The Cosmopolitan Las Vegas condos will create approximately 2,400 jobs at its center Strip location.

Vertically Integrated

Grand Hyatt Las Vegas at The Cosmopolitan Resort & Casino condos, one of the many announced hotel projects along the emerging Harmon Avenue corridor, will be the first to open in mid-2008. The property will redefine Vegas’ skyline with a vertical design that contrasts sharply with the horizontally developed, replicated cities and themed hotels that bracket Las Vegas Boulevard. Located down the strip from Hilton Grand Vacation Club Las Vegas.

Continue reading Grand Hyatt Las Vegas Will Operate Cosmopolitan Condos

The Las Vegas real estate 3,000-room Cosmopolitan Condos Resort - with two towers of hotel rooms and condos and five stories of attractions - is a window into Las Vegas high-rise future.

While Las Vegas buzzes about other major high rises to open by 2010, the $2 billion hybrid Cosmopolitan condos is expected to open by New Year’s Eve 2008, becoming Las Vegas real estate first mixed-use development.

With glass-enclosed shops overlooking the Las Vegas Strip sidewalk, rooftop beach club and hotel towers looking like rock crystals, the Cosmopolitan’s flash-cube appearance will stand out like a New York socialite at a carnival.

In fact, the aptly named property, at the northwest corner of Harmon Avenue and Las Vegas Boulevard, will have more authentic New York flavor than the nearby New York-New York, with its faux art deco skyline and Statue of Liberty. Continue reading Las Vegas Cosmopolitan Condos Offers Peek Into Strip’s Future