March 8, 2009 at 11:16 pm
· Filed under Las Vegas Real Estate, Las Vegas News, Las Vegas Casinos, Las Vegas Resort
Luxury hotel tower construction stops as necessary redesign begins. Workers stopped interior work this week on the west tower Cosmopolitan high rise condo tower located on the Las Vegas Strip.
Exterior construction on the east and west towers, amenities and Las Vegas casino are continuing as planned. At completion, the 8.5 acres, will house 2,998 hotel condo units within Cosmoplitan.
Continue reading Luxury Hotel Tower Construction Stops As Necessary Redesign Begins
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March 19, 2008 at 9:25 pm
· Filed under Las Vegas Real Estate, Las Vegas News, Las Vegas Condos
Cosmopolitan Las Vegas condo hotel on The Strip begin foreclosure proceedings. Deutsch Bank notified the Cosmopolitan real estate developers a week ago that they will start bankruptcy due to the rising construction costs and volatile credit markets.
The luxury high rise is adjacent to the massive MGM Mirage Projecty CityCenter resort on the Strip.
Another potential construction delay or complete scrapping of a $6 billion development could be The Plaza at the previous site of the New Frontier across from Wynn Las Vegas, Nevada.
Continue reading Cosmopolitan Las Vegas Luxury Condos On The Strip Begin Foreclosure
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