MGM City Center Condominiums
Las Vegas High-Rise - Real Estate

MGM City Center is now open.

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 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.

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.

The Harmon - The Harmon Hotel, Residences & Spa will have an elliptical layout and will have a reflective exterior. The pool deck will be perched 100 feet above the Strip. No condo units are built as there was issues with construction.  It is located on the northeast corner of the project at the intersection of Las Vegas Boulevard South and Harmon Avenue. Please note that the projected condos at the Harmon will not be built. The building will top off much lower than expected due to construction difficulties.

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.

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.

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
CENTURY 21 Aadvantage Gold
Toll Free 1-888-449-3463
Home office 1-702-363-5599
E-Mail Millie!
millie@milliefine.com 

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