Real Estate Partners Announce Another Vegas Project
Staff -- Tradeshow Week, 10/24/2005
The Las Vegas Strip is getting another mixed-use residential and entertainment resort with convention space to help keep rooms full midweek.
Last month, 3700 Associates — a partnership between East Coast real estate developer Bruce Eichner and Las Vegas gaming developer David Friedman — unveiled plans for the $1.8 billion Cosmopolitan Resort & Casino, described as a boutique hotel-condominium high-rise. Construction contractor Perini Building is set to break ground in late October on 8½ acres next to MGM Mirage's Bellagio Hotel & Casino. Its opening is scheduled for mid-2008.
As planned, the Cosmopolitan would include 3,000 rooms and residences, a 75,000 square foot casino and an assortment of shops, restaurants, theaters and other leisure amenities.
The design also includes 150,000 sq. ft. of convention space to span two floors of the main building. Comprised of boardrooms, breakout rooms and a carpeted ballroom attached to a five-acre pool deck, the space is meant to cater to small corporate and association meetings and tradeshows, as well as incentive groups.
