Demand for this unique luxury project will be very high
Las Vegas, NV (PRWEB) November 3, 2006
In mid-November, selected VIP Real Estate Brokers will meet at the Bellagio to start the journey towards the launch of reservation sales at one of the most incredible projects ever built in Las Vegas. At a currently projected cost of $7 billion, Project City Center will overshadow any other construction project underway in Las Vegas.
Already the construction is underway for MGM's Project City Center. The projected count of construction cranes on this massive project is at least 20 at any one time. Just the thought of co-ordinating such a huge project introduces a high degree of complexity in one's mind. The first project currently under construction is the 60 story, 4,000 room hotel and casino designed by Pelli Clarke Pelli. Situated behind the two leaning residential towers known as Veer, this first project within City Center will result in an unusual S shape for the hotel-casino. Just one example of many where City Center's architecture and level of luxury will raise the bar for Las Vegas and possibly the world.
The Mandarin Oriental, already known world-wide for its top tier luxury service, will have residential condos at the top of its hotel tower in Project City Center. Approximately 227 condominium units will sit above the 400 room hotel tower. At a current projected price of $8 million each, several 4100 square foot penthouses will be designed into the hotel tower.
The first condominium-hotel project in City Center to be built will be the fifty story Vdara. With 1,543 condo-hotel units for sale with sizes ranging approximately 500 to 1,850 square feet, each unit will be fully furnished.
A second hotel, boutique in its design, will be known as The Harmon which will be operated by MGM Mirage. The Harmon is projected to have 228 condominiums above its 400 hotel rooms.
The leaning Veer twin towers will be at the Las Vegas Blvd entrance to City Center and will be 37 stories tall. Veer will be the only pure residential condo units in City Center with projected sizes ranging from 500 to 2,600 square feet.
"Demand for this unique luxury project will be very high," said Bruce Hiatt, broker and co-owner of Luxury Realty Group. "Due to the limited number of condo and condo-hotel units for sale, we hope interested buyers will register their interest with us very soon. While the US real estate market in general is currently being labeled as soft, City Center with its broad global reach will experience just the opposite level of interest. We fully expect strong buyer interest given how architecturally unique and high end this project will be when completed."
With such strong national recognition in Las Vegas luxury high rises, Bruce Hiatt, Aaron Auxier and Simon Chen of Luxury Realty Group have been selected as VIP real estate brokers to participate in the mid-November reservation pre-sale process for MGM Project City Center. Luxury Realty Group, having over 150 clients in luxury high rises along the Strip and being the #1 brokerage for total sales revenue at Sky Las Vegas, have the knowledge and experience to assist City Center prospective buyers in making the right City Center condo or condo-hotel selection that is best for them. You can stay current with the latest Las Vegas high rise condo projects by visiting Las Vegas High Rise Blog, where City Center and other luxury high rise projects are discussed.
CIty Center prospective buyers who register by November 18, 2006 with Luxury Realty Group will position themselves in a priority status for reservation. Public sales are projected to begin later in January, 2007. Luxury Realty Group aims to earn your City Center business as your broker representative for MGM Project City Center, the developer for City Center.
Prices, square footage and project descriptions are approximate and subject to change by the developer at any time and are not guaranteed by Luxury Realty Group, Inc. For additional information about Luxury Realty Group, contact Bruce Hiatt or visit http://www.LuxuryRealtyGroup.com.