LAS VEGAS | Boom Project Rundown! 2.0 - Page 329

lfc4life · #**6561** Posted **Apr 10, 2009, 11:30 PM**

Quote:

Originally Posted by justdefended

New plan calls for MGM Mirage, Dubai World and lenders to fully fund the remaining $3B needed to complete CityCenter.

http://online.wsj.com/article/SB123939646828409297.html

I'm not sure exactly how this helps MGM Mirage stay afloat if they need to put even more cash into the project, but at least Dubai is willing to put money in again.

$3b??

when did it rise, the number quoted for over a year now has been $1.2b

mdiederi · #**6562** Posted **Apr 11, 2009, 12:02 AM**

From the Molasky building.

CHAPINM1 · #**6563** Posted **Apr 11, 2009, 12:22 AM**

That is one awesome shot Mark!

That earlier shot from mac78130 shows that one of the cranes (the east crane) is already taken down! Both the Stratosphere and Fontainebleau stand proud in this photo with the rest of the great skyline following their leads.

justdefended · #**6564** Posted **Apr 11, 2009, 1:48 AM**

Quote:

Originally Posted by lfc4life

$3b??

when did it rise, the number quoted for over a year now has been $1.2b

Let's see, MGM Mirage just paid $200M, they pay another $70M on Mon., Apr. 13. From that they need another $530M to access a $1.8B credit facility to finish CC.

So, a total of $800M + $1.8B = $2.6B. Maybe the extra $400M is deferred for finishing The Harmon in 2010.

CHAPINM1 · #**6565** Posted **Apr 11, 2009, 2:46 AM**

If I'm not mistaken, is the construction of Union Park in the foreground of that last picture? Also, what used to be in it's place? A bunch of shitty old buildings I'm guessing.

Plokoon11 · #**6566** Posted **Apr 11, 2009, 3:13 AM**

Las Vegas could also be called City of colors.

Krases · #**6567** Posted **Apr 11, 2009, 5:36 AM**

Quote:

Originally Posted by mdiederi

From the Molasky building.

Wow! What a great shot!

It looks like they are building the road through the area. Has anyone else noticed a flurry of road building activity as of late? Especially when it comes to highway on ramps/off ramps/overpasses.

I wish there was news on the rest of the World Market center. They only built half of it so far. I will assume they will continue with construction after the economy recovers.

mac78130 · #**6568** Posted **Apr 11, 2009, 5:52 AM**

Octavius Tower almost enclosed
flickr photo by monicafreisem

Not a great pic, but you can see more blue strips of light on Cosmo
flickr photo by monicafreisem

mdiederi · #**6569** Posted **Apr 11, 2009, 6:10 AM**

Quote:

Originally Posted by CHAPINM1

If I'm not mistaken, is the construction of Union Park in the foreground of that last picture? Also, what used to be in it's place? A bunch of shitty old buildings I'm guessing.

It's Union Park and it's always been empty. Steve Wynn proposed building the Mirage on the land, but the city made it difficult, so he built it on the Strip instead, and the rest is history.

Quote:

Originally Posted by Krases

It looks like they are building the road through the area. Has anyone else noticed a flurry of road building activity as of late?

There was a lot of activity a few months back grading the roads and putting in utilities, but the site is dead now.

DMaldon762 · #**6570** Posted **Apr 11, 2009, 2:18 PM**

I anybody else having trouble with using Firefox to view the board? I had to use IE to check it out.

mac78130 · #**6571** Posted **Apr 11, 2009, 2:54 PM**

Quote:

Originally Posted by DMaldon762

I anybody else having trouble with using Firefox to view the board? I had to use IE to check it out.

No problem here

Krases · #**6572** Posted **Apr 12, 2009, 6:42 AM**

I guess the Culinary Union is still trying to block the new city hall from being built.

http://www.mercurynews.com/news/ci_12118026

They want to have a vote put on the next ballot that will let the voters decide.

How would you guys vote? If I remember correctly they had to expand into other nearby buildings due to the sudden growth of the city (I believe the current city hall was built in the 70's) and the need for more office space. They also built a big addition recently for parking and offices.

The current city hall is ugly. From an architecture standpoint we need a new building.

The question is whether this is the right time to build it?

CHAPINM1 · #**6573** Posted **Apr 12, 2009, 8:30 AM**

Quote:

Originally Posted by Krases

I guess the Culinary Union is still trying to block the new city hall from being built.

http://www.mercurynews.com/news/ci_12118026

They want to have a vote put on the next ballot that will let the voters decide.

How would you guys vote? If I remember correctly they had to expand into other nearby buildings due to the sudden growth of the city (I believe the current city hall was built in the 70's) and the need for more office space. They also built a big addition recently for parking and offices.

The current city hall is ugly. From an architecture standpoint we need a new building.

The question is whether this is the right time to build it?

Hell yeah, build it now! Build it while construction costs are not so high.

justdefended · #**6574** Posted **Apr 12, 2009, 7:06 PM**

Awesome new CityCenter videos from the Science Channel

Build it Bigger: Building the Veer

http://videos.howstuffworks.com/scie...veer-video.htm

Build it Bigger: Building the Aria

http://videos.howstuffworks.com/scie...sino-video.htm

Veer East actually leans 4.63 degrees north and 4.63 degrees northwest. Amazing.

Krases · #**6575** Posted **Apr 12, 2009, 7:29 PM**

Wow I did not know Veer leaned more than the tower of Pisa!

Its really amazing.

DrT · #**6576** Posted **Apr 12, 2009, 8:05 PM**

Quote:

Originally Posted by justdefended

Awesome new CityCenter videos from the Science Channel

Build it Bigger: Building the Veer

http://videos.howstuffworks.com/scie...veer-video.htm

Build it Bigger: Building the Aria

http://videos.howstuffworks.com/scie...sino-video.htm

Veer East actually leans 4.63 degrees north and 4.63 degrees northwest. Amazing.

Very cool videos. I'd love to see the whole episode.

hotdog · #**6577** Posted **Apr 14, 2009, 2:02 AM**

MGM gets funding for CityCenter:

http://www.marketwatch.com/news/stor...93}&dist=msr_3

DrT · #**6578** Posted **Apr 14, 2009, 3:31 AM**

Quote:

Originally Posted by hotdog

MGM gets funding for CityCenter:

http://www.marketwatch.com/news/stor...93}&dist=msr_3

Wow! That is fantastic news!

.....and you made no fanfare about it! You need to change your avatar to "Slydog" instead of "Hotdog".

Krases · #**6579** Posted **Apr 14, 2009, 4:44 AM**

Quote:

Originally Posted by hotdog

MGM gets funding for CityCenter:

http://www.marketwatch.com/news/stor...93}&dist=msr_3

Good news, but they need to get 70 million together before April 17th. I have no idea if they can do that or not. I would imagine 70 million would be easy for them to put together.

hotdog · #**6580** Posted **Apr 14, 2009, 6:50 AM**

Well, it's pretty minor news, it's just the next payment due that they are getting, not the entire amount needed. But the fact that the banks are lending this payment might mean they'll continue doing so.