Florida developer Jeffrey Soffer aims to open the towering resort in 2023, after initially breaking ground in 2007.
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MGM Resorts International’s purchase of The Cosmopolitan of Las Vegas, the company’s planned sale of The Mirage and remarks by Penn National CEO make gaming headlines.
The company owns six undeveloped sites and likes the idea of “essentially doubling the size of our current operating platform here in Las Vegas.”
Southern Nevada prices have been on a stomach-churning ride the past two decades: The market floors it, hits the brakes, and repeats.
The company announced that due to a “backlog in renovations and operational capacity constraints,” it will not sign any new contracts to buy homes “through the end of the year.”
While Southwest Airlines resolves how its employees get COVID-19 vaccinations, the tourism industry watches and waits to see if it could ultimately affect them.
Rep. Dina Titus and LVCVA President and CEO Steve Hill say highway gridlock is hurting Southern Nevada’s tourist economy, but the problems can be fixed.
Locals have long predicted better days ahead for the north edge of the Strip, but a burst of news shows the area is still in flux.
Real estate pros have long figured the Durango site would be the first among Station’s desert parcels to get developed.
Last week’s announcement of the transaction makes sense in terms of corporate strategy and many people already view the Cosmo as an extension of MGM’s CityCenter.