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April 19, 2024

Vdara

Vdara: Views from the Inside (12-1-09)

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By Katharine Euphrat · December 1, 2009 · 11:30 p.m.

MGM Mirage and Dubai World executives unveiled the first phase of the CityCenter project on Dec. 1, 2009. We take you on a tour of Vdara's new Silk Road restaurant, its 18,000-square-foot spa, and some of its 1,495 rooms.

Transportation secretary envisions nation connected by high-speed rail
Wednesday, October 13, 2010
By Kyle B. Hansen
U.S. Transportation Secretary Ray LaHood told a Las Vegas gathering of transportation officials from western states that he expects 80 percent of American cities to be connected by high-speed rail in 25 years.
Vdara 'death ray' captures imagination of world's media
Vdara 'death ray' captures imagination of world's media
Saturday, October 2, 2010
Compiled by Mr. Sun
On warm days, Vdara’s glass-sheathed curve focuses the sun into a beam capable of melting plastic and burning skin. MGM Resorts is examining the CityCenter hotel’s architectural flaw.
A look at the new model condos April 14, 2010, at the Mandarin Oriental Las Vegas at CityCenter.
CityCenter condo closings slow in down economy
Prospective buyers cautious amid sour real estate market, Perini dispute
Friday, May 28, 2010
By Buck Wargo
The closing of condo sales at CityCenter has gotten off to a slow start, according to analysts who track the housing market. Through the end of April, MGM Mirage and Dubai World, the owners of the project, have closed on 78 of 1,543 units at the Vdara condo-hotel, according to SalesTraq.
The Vdara Hotel and Spa is shown during a tour of MGM Mirage's CityCenter project Wednesday, Nov. 18, 2009.
Lawsuit filed against CityCenter over Vdara condo-hotel units
Courts:
Friday, April 16, 2010
By Liz Benston
A California man who put down a deposit to buy a condo-hotel unit at Vdara filed a class-action lawsuit Friday against MGM Mirage's CityCenter, alleging developers unlawfully sold the units as securities without providing investors details on what they were buying. The lawsuit comes a month after CityCenter began the process of closing escrow with Vdara buyers. It’s been a slow process, as about 30 Vdara’s 1,495 units had closed escrow as of last week.
A look at the new model condos April 14, 2010, at the Mandarin Oriental Las Vegas at CityCenter.
Mandarin Oriental at CityCenter unveils model condominiums
Thursday, April 15, 2010
By Amanda Finnegan
More than four months after debuting its Las Vegas hotel, Mandarin Oriental at CityCenter unveiled its model condos Wednesday in an effort to grab more luxury buyers.
CityCenter condos may outperform market
Friday, February 5, 2010
By Buck Wargo
CityCenter is starting to finalize sales of condominiums, which coincides with already difficult conditions in the Las Vegas high-rise condo market, analysts said.
A view of the Veer Towers during a tour of MGM Mirage's CityCenter project in November.
CityCenter unveils financing program for condo buyers
CityCenter closings are scheduled to begin in January
Wednesday, December 9, 2009
By Las Vegas Sun Staff
Three weeks before CityCenter starts closing on condominiums, it unveiled a program today to provide financing to some buyers and help others arrange for the loans they need. CityCenter buyers have been awaiting word on the program because of the difficulty in obtaining high-end loans to purchase condominiums.
A room in a "Panoramic Suite" during the opening of the Vdara on Tuesday, Dec. 1, 2009. The 57-story, 1,495-suite luxury property is the first to open in MGM Mirage's $8.5 billion CityCenter project.
Vdara exec predicts strong sales at new hotel
Despite optimism, hotel is only sold out one night in next few months
Thursday, December 3, 2009
By Amanda Finnegan
After a night of grand opening festivities, Vdara’s first public guests checked into the hotel Wednesday and while the hotel has only sold out for one night in the next few months, Vdara’s general manager is predicting strong occupancy through the month.
Jim Murren, MGM Mirage chairman and CEO, applauds employees as they enter Vdara during its opening Tuesday, Dec. 1, 2009. The 57-story, 1,495-suite luxury property is the first to open in MGM Mirage's $8.5 billion CityCenter project.
Vdara hotel marks opening of CityCenter
After party Tuesday night, 1,495-suite property will accept guests today
Tuesday, December 1, 2009
By Amanda Finnegan
MGM Mirage and Dubai World executives on Tuesday marked the unveiling of the first phase of their CityCenter project — Vdara — giving invited guests and media a glimpse inside the first completed property at the urban metropolis. The non-gaming, 1,495-room hotel marks the first of CityCenter’s openings, with Crystals and Mandarin Oriental opening their doors later this week.
A view of MGM Mirage's CityCenter project Wednesday, Nov. 18, 2009.
MGM Mirage begins lifting veil on CityCenter today
Tuesday, December 1, 2009
By Amanda Finnegan
MGM Mirage has placed its biggest bet ever, an unprecedented $8.5 billion, on its new CityCenter complex - planned to be a city within a city – with residences, hotel towers, gourmet restaurants and an upscale retail and entertainment district.
How CityCenter’s room rates will compare with Strip rivals’
Tuesday, October 20, 2009
By Liz Benston
Online reservation sites are offering discounted room prices that reflect the effects of the recession on the three hotels opening for business in December at MGM Mirage’s CityCenter complex.
CityCenter reduces condo prices 30 percent
MGM Mirage planning one-on-one meetings with buyers
Monday, October 5, 2009
By Liz Benston
CityCenter has reduced prices of its condos by 30 percent in an effort to satisfy concerns from condominium buyers who signed purchase contracts for the units more than two years ago, when the real estate market was booming. "We believe that in this economic climate this price reduction is an appropriate step to take on behalf of our buyers as to provide them greater flexibility in closing on their residences," Bobby Baldwin, president and CEO of CityCenter, said in a statement.
Eco-friendly resorts: Construction continues on the CityCenter on the Strip between Monte Carlo and Bellagio. Aria and Vdara were given the second-highest certification by the U.S. Green Building Council.
Strip hotels garner LEED gold
Friday, September 18, 2009
By Nicole Lucht
Aria and Vdara — hotels and convention space within CityCenter — were given the second highest certification by the U.S. Green Building Council. The gold certification was based on standards set by the council’s Leadership in Energy and Environmental Design program.
How much will CityCenter slash its condo prices?
Friday, September 11, 2009
By Buck Wargo
CityCenter, by the end of September, is expected to announce how much it will cut condominium prices, but one gaming research group says co-owner MGM Mirage will have success trimming those prices about 30 percent.
A view of MGM Mirage's CityCenter along the Las Vegas Strip.
CityCenter gives condominium buyers hope for price cuts
real estate:
Saturday, August 15, 2009
By Liz Benston
Buyers of CityCenter condos, grumbling about the drop in real estate values and other concerns, say MGM Mirage officials who were previously reluctant to discuss the issues are now reaching out to them. Buyers say they hope the talks lead to price reductions on existing sales contracts, which is their primary goal. MGM Mirage officials, worried that some buyers will not want to close on their units, are also inviting customers to discuss their concerns about construction problems uncovered at CityCenter in recent months.