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MGM City Center CondominiumsLas Vegas High-Rise - Real Estate
Search City Center Condo Resales Focused search reflecting only those units currently listed for sale at City Center. Note that I have been able to remove homes in "contingent" status from the search results. The results you receive by clicking on the link above should produce only currently available properties. This information is updated every 24 hours. This is a showcase of a few of the currently listed properties at City Center. All time sensitive information below regarding the condos, condominiums at City Center is accurate as of October 24, 2011. This 16,000,000 sq. ft. mixed use development is currently under construction just south of the Bellagio, between the Strip and Interstate 15. This is project cost in excess of 8 billion dollars. Approximately 2,650 condominium and hotel-condo units and approximately 4,800 hotel rooms, are distributed within several high-rise and mid-rise towers around The Crystals, a Retail and Entertainment District. It is designed to have all commodities for daily life, featuring a 4,000-room hotel and casino, two 400-room boutique hotels, The Residences at Mandarin Oriental has 227 residential condo units respectively located on the upper floors of the building. It also features a strictly residential offering ,Veer Towers, and a Vdara, a condo-hotel. The Crystals, a 500,000 sq. ft. retail and entertainment district will house the first grocery store on the Strip. The Cosmopolitan has replaced The Harmon as another hotel option at City Center. The options for condo living are described below. If you have any questions about any of the below developments, let me know. My contact information is at the bottom of the page. As your representative, my services to you are free as the builders pay my fee and you pay no more. This is the first of what looked to be three large multi-billion dollar mixed-use projects planned for the Strip area. "Echelon" and the "Plaza Hotel" project north of City Center and also with Strip frontage have not as of yet broken ground and may not for a few years, given the economy. Note that most of these projects have made some price concessions to those individuals already under contract, due to the changes in the marketplace. Word of caution, other the possible exception of Mandarin Oriental, the other options at City Center have not sold that well. Did a quick walking tour and took some photos, click here to view. Mandarin Oriental - This development was released for purchase Feb. 2007 and was 90% sold out within the first 14 days. Units range from 1,000 sq. ft to over 4,100 sq. ft. Base prices range from approximately $1,500,000 to over $8,000,000. At the time of this writing, only a few larger penthouse units are available. The 227 condominium residences are situated on the upper floors of the 400-room hotel tower. Owners will have a private lobby and clubroom but access to all of the hotel's amenities. This building fronts on Las Vegas Blvd. The Mandarin Oriental "brand" is associated with several luxury hotels around the world. Mandarin Oriental shows 65 closings at prices ranging from $997,000 to $6,966,000. There have been six closings since Jan. 1, 2011 ranging in price from 1,173,000 to $6,213,000. The Veer Towers - The Veer Towers, a purely residential offering consists of two towers, leaning in opposite directions (five degrees from center) that is adjacent to the Crystals, Retail and Entertainment District, and across the street from the Mandarin Oriental tower. The twin 37-story towers will each houses 337 luxury condominium units ranging from a 500 sq. ft. studio to a 2,600 penthouse. Atop each tower, there are amenities including a pool, fitness center, spa, cabanas and a patio for outdoor entertaining. Prices range from approximately $500,000 to over 4 million. Veer now shows 213 closings ranging in price from $342,000 to $1,2,450,000. There have been 10 closings since Jan. 1, 2011 at prices ranging from $372,000 to 1,180,000. Vdara Condo-Hotel - This will be a fifty story ebony glass fronted condo-hotel with 1,542 units. These are furnished and turn-key residences. Vedra is located on the northwest side of the project a couple of minutes walk to The Crystals, retail and entertainment district. Amenities include pool and cabanas located on 4th floor rooftop, full-service spa, restaurant, conference facilities (7,000 sq. ft.), 24-hour concierge, 24-hour security and valet parking. It is a hotel/condo and as such can participate in the on-site rental program. This can be an attractive option for those individuals that spend considerable time in Las Vegas but do not want the expense or hassle of conventional condo ownership. Home sizes range from approximately 500 sq. ft. to 1,740 sq. ft. Prices range from the low $600,000's to approximately $2,000,000. Vdara has now closed 157 units at prices ranging from $270,000 to $1,617,000. No closings since March 1, 2009. Other condo hotel options include Palms Place, Platinum, MGM Grand Residences Turnberry, Trump Tower and possibly The Cosmopolitan.
This is a caveat I would apply to all those local high-rise communities still
selling new. There may be some jeopardy here. See my concerns on my
high-rise directory page Millie Fine
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