Urbanization!

Dec 12, 2006 6:23 AM

MGM MIRAGE’s CityCenter, an unprecedented $7 billion urban metropolis on the Las Vegas Strip, will next month begin selling an estimated 2,700 upscale residences.

The groundbreaking design underscored by breathtaking architecture introduces a unique vertical city concept to the heart of Las Vegas’ sprawling horizontal grid.

A design collaboration between MGM MIRAGE and seven internationally acclaimed architects, CityCenter will open in November 2009 on 76 acres between Bellagio and Monte Carlo resorts.

The ambitious project will feature a soaring 60-story, 4,000-room hotel/casino; two 400-room, non-gaming hotels; a 500,000-square-foot retail and entertainment district; and approximately 2,700 luxury residences.

"The development of CityCenter marks a significant milestone in our vision to create a living experience like none other in Las Vegas," said Terry Lanni, chairman and chief executive officer of MGM MIRAGE. "CityCenter’s stunning contemporary architecture coupled with its singular collection of amenities will set this global city apart as a place not just to visit, but to live."

In addition to the various offerings and amenities at CityCenter, owners will enjoy privileged access to the full spectrum of MGM MIRAGE properties in Las Vegas. Benefits include VIP treatment and preferred access to MGM MIRAGE’s resorts, restaurants, entertainment, special events, nightlife, shopping, golf and spa offerings, including in-home spa treatments.

At the heart of the project is the hotel/casino designed by Pelli Clarke Pelli Architects. The dramatic soaring hotel tower, casino and convention center will be CityCenter’s most iconic feature.

Although details are few at this early stage, the casino itself will be the city’s first-ever natural-light casino.

CityCenter’s retail district will feature fashionable clubs, gourmet restaurants, high-end retailers, galleries and more under a crystalline canopy. For the interior architecture, the Rockwell Group will create an neighborhood of unique retail shops, dining and entertainment venues will form the core of this urban metropolis.

"Individually, each of these projects is striking and refined," said Robert Baldwin, president and CEO of Mirage Resorts, an operating division of MGM MIRAGE. "Together, they reflect an integrated design approach that promotes discovery, enhances operational efficiencies and customizes the look and feel of this new urban Las Vegas experience."

Vdara condo hotel: This will be the complex’s sole condo hotel, a 50-story ebony tower that will feature approximately 1,543 residential units, including studios, deluxe studios, one-bedroom suites and one- and two-bedroom multi-level penthouse suites, ranging from 500 to 1,850 square feet. Amenities and services for residents and guests will include a luxurious spa and salon, pool with cabanas, a fitness center, a destination restaurant, 24-hour concierge service, state of the art conference and meetings facilities, in-room dining, housekeeping and valet parking. Residents also will have the option to rent out their units on a nightly basis, unlike a traditional condominium. Prices start from the $500,000s.

Veer Towers: Designed by architect Helmut Jahn, the Veer will appear as two glass towers leaning in opposite directions. The 37-story towers will each house more than 350 condominium residences, ranging from 500 to 2,600 square feet and available in studio, one- and two-bedroom flats, and penthouses. Atop each tower, residents and guests will enjoy an amenities floor featuring views of Las Vegas complemented by an "infinity edge" pool, fitness center, spa, cabanas and a patio for outdoor entertaining. Prices start in the low $500,000s.

Mandarin Oriental Hotel and Residences: The Residences at Mandarin Oriental will feature approximately 227 condominium residences situated on the upper floors of the 400-room hotel tower, with a private owner’s lobby and clubroom. Floor plans will feature one- and two-bedroom units, or two- and three-bedroom penthouses ranging from 1,000 to 4,100 square feet. Through the provision of bespoke benefits, residents are treated as permanent guests of Mandarin Oriental and enjoy privileged access to the exceptional services including access to gourmet cuisine via 24-hour room service, an array of concierge, doorman, housekeeping and valet services, as well as a wide range of dining, entertainment and well-being facilities. Prices start at $1.5 million.

The Harmon Hotel and Residences will feature a pool deck perched 100 feet above the Strip to accentuate the 400 hotel rooms and approximately 228 condominium residences from 800 to 4,200 square feet available as one- and two-bedroom flats and penthouses. Each room will be unique and offer stylish and fashionable design elements. Prices have not yet been announced.

A sales office for the new residences is expected to open in early 2007, and there’s already a preview center open at Bellagio.