Damn the Bubble, Let's Build a City!

Pomerantz, Dorothy
October 2005
Forbes Asia;10/3/2005, Vol. 1 Issue 3, p44
The article looks at the state of real estate development in Las Vegas, Nevada with the establishment of a miniature city called CityCenter under MGM Mirage, as of October 2005. CityCenter will be a real village, about the size of Manhattan's SoHo neighborhood, complete with 1,600 condominiums, a drugstore, a dry cleaner and a supermarket. With an expected construction cost of $5 billion, CityCenter will be the most expensive private development ever in the U.S.


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