MGM CityCenter Getting Set for Kickoff -- Register Now for Pre-Sales Information

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Things are ramping up into high gear for the newest mega development in Las Vegas. This week the MGM Mirage mailed invitations to their “Friends and Family” contacts for the MGM CityCenter project, a sure sign that the next phase, a pre-sale release, will soon be forthcoming.

With less than a month left before the MGM CityCenter project announces detailed information on its new 66 acre urban lifestyle community in the heart of the famed Las Vegas Strip, buyers from around the world are registering for the Priority interest list. The CityCenter, which is already under construction, will officially open its sales center in January 2007, but reservations will probably commence in early to mid November. The total cost of the project is expected to exceed $7 billion, making it the largest privately financed development in the United States.

Detailed floor plans for the condo hotel suites and residential units should be released within the next three to four weeks. To register for the Priority interest list or to request information on first phase pricing and deposits, please go to: http://www.greatlasvegashomes.com/mgm_city_center_registration.htm or call 702-985-7654.

All registrants will be emailed this information simultaneously the moment it is made available -- after that reservations will be accepted on a first come, first served basis.

The CityCenter will be a mixed-use development designed by a who’s who collaboration of the world’s most renowned architects. The project is composed of a “skyline” of two small boutique hotels, one 4,000-room hotel and casino, a condo-hotel tower, two towers of residential units, and 500,000 square feet of upscale retail, gourmet dining, and premiere entertainment. At finish, the total number of buildings will be between 40 and 50, with the tallest soaring just over 600 feet above Las Vegas Boulevard. Construction began in late June 2006 and completion is expected by late 2009.

At the rear of the project will be the 60 story resort hotel and casino featuring two massive curved hotel towers plus an ebony condo hotel tower with 1,543 units. At the north and south ends of the project will be the two boutique hotels including the Mandarin Oriental Hotel and Residences, which is expected to draw sophisticated overseas guests. The Mandarin Oriental will include 400 hotel suites as well as more than 200 condominiums. Multiple glass-enclosed sky bridges will connect the hotel with the rest of the development.

The project’s centerpiece will be the two glass residential towers with a total of 810 lofts and over 500,000 square feet of retail space. The retail district will feature international luxury brands

and high-end couture under a crystalline canopy of unprecedented brilliance. This inviting neighborhood of rooftop gardens, unique retail shops, dining and entertainment venues will form the core of CityCenter’s urban metropolis. MGM has already signed with the producers of Cirque du Soleil to create a permanent Elvis Presley show which will open with the hotel/casino in 2009.

The impact of the CityCenter on future developments around the country cannot be underestimated. It will take the finest features of older urban centers like New York, San Francisco, London, Paris and Rome, and fuse them into one scintillating dynamic haven for a fortunate few. The Las Vegas real estate market should expect a huge boost once sales at the CityCenter commence in earnest, and neighboring high profile Las Vegas condo projects like the Cosmopolitan Resort should reap immediate benefits.

“This is not intended to be an offering or solicitation for sale in any jurisdiction where this project is not registered in accordance with applicable law or where such offering or solicitation would otherwise be prohibited by law.” By registering for this project with our office or on our web site you agree to be represented by the Tonnesen Team of Prudential Americana Group Realtors as cooperating broker working with the MGM Mirage as developer.

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