Project
Description:
We
challenge you to find a better location. Few addresses can place you
so exactly in the center of entertainment. Few towers can so
dramatically alter a skyline and elevate a city’s architectural
standards. Few
properties can create a new way to game, a new way to relax, a new
way to play, indeed, a new way to experience the city you love. The Cosmopolitan Resort
& Casino is creating a new paradigm of Las
Vegas living at one of the most sought-after
addresses in the world, the corner of
Harmon Avenue
and the Las Vegas Strip.
Following the
groundbreaking in October 2005, The Cosmopolitan finalized
construction financing through Deutsche Bank in January 2006. Since that time, the
development has made significant progress. In the summer of 2006,
Perini Building Company began a massive excavation of the site,
removing an unprecedented 800,000 cubic yards of earth, making way
for a 4,000-car subterranean parking garage. By January of 2007, the
project will go vertical with concrete and steel and it is projected
to open in early 2009.
Sales
Demand:
Condo-hotel residences at
The Cosmopolitan’s 700-unit Tower at The Beach Club have been in
high demand. Following
the record-setting sell-out of the 1,300-unit
West
Tower, this is tremendous
news for the market.
Adjacent to the Cosmo Beach Club, the Tower features
elegantly appointed Studio, 1-bed- room and penthouse condominiums
with plush, designer interiors, marble bathrooms, flat-screen
televisions and spacious terraces. Floor-to-ceiling windows will
frame breathtaking views of the famed Bellagio fountains, the
Eiffel
Tower at Paris Las Vegas,
the skyline at New York,
New York, the Mandalay Bay Resort
and the majestic Red
Rock
Canyon. Elevators from the Tower
will connect directly with high-end shopping, state-of-the-art
convention and gaming spaces, a 1,800 seat production theater, and
the freshest collection of restaurants in Vegas.
"The
Cosmopolitan represents a new era in Las
Vegas development," says Ian Bruce Eichner,
visionary developer behind The Cosmopolitan. "We're building
something different on The Strip, the likes of which
Las Vegas has never seen
before and may never see again. The sheer 'verticality' of this
development as it towers 600 feet above The Strip is more akin to
the urban terrain of Manhattan, or other cosmopolitan cities around
the world." Eichner, has spent more than 30 years developing
renowned luxury high-rise residential, office, hospitality, and
retail space in such prominent locations as
Manhattan and South
Beach Miami.
The Cosmopolitan
Facility:
Ø
Approx. 2,000 luxury condominium
units
Ø
Approx. 1,000 hotel rooms managed
by the Grand Hyatt
Ø
Approx. 75,000 square-foot
full-service casino
Ø
Over 150,000 square feet of
integrated business, convention and conference space available for
meetings or special functions
Ø
Over 300,000 square feet of
exclusive and brand-name retail boutiques, fine-dining restaurants,
and exciting entertainment
Ø
Approx. 1,800 seat theater
featuring a world-class production
Ø
The Cosmo Beach Club hovering
above the Las Vegas Strip—over 5 acres of round-the-clock beach
club, pools, nightclubs and restaurants designed to tease and please
you.
It’s all
designed with you in mind.
The best services and amenities. The most luxuriously
decorated condominiums.
The most Strip’s most desirable address. Inquire now about the most
successful condo-hotel project in Las
Vegas’ history and take advantage of
pre-construction pricing.