While Las Vegas has certainly been hit by the economic downturns in the last year, it is starting to show some recover. One example of this recovery is the new CityCenter project being built by MGM Mirage. With a total price of 9 billion dollars, CityCenter is employing 8 well known architects and many urban planners for their Las Vegas strip location.
One thing that makes CityCenter particularly unique is that it’s aiming to be the first and largest LEED certified project in Vegas. As part of CityCenter, there will be three residential buildings.
This economic and real estate rejuvenation is good news for Las Vegas real estate investors such as Sightline Acquisition with Kirk Sanford, the Prominent Realty Group and many others.