ARIA Resort & Casino is the focal point not only of the Las Vegas skyline but of the entire hospitality industry. "It has to be distinctive and it has to be more urban and it has to feel contemporary," said Terry Lanni, the chairman and chief executive of MGM Mirage. The developers major objective for CityCenter is to outstand in the Las Vegas landscape and to mark a new era in the style of urban architecture. The MGM CityCenter is a mixed use development on 66 acres in the heart of the Las Vegas Strip between the Monte Carlo and Bellagio Resort Hotel and Casino - on the city's famous strip.

What is unique about -MGM CityCenter- is its unprecedented combination of striking architecture, sustainable design, high-end service and spectacular amenities... It is the first project on this scale ever to implement all the resources and present technology of the Green Architecture. Will incorporate integrated technologies never before used in the hospitality industry.

• Investors... MGM & Dubai World partner

LAS VEGAS, Jan. 16 /PRNewswire -FirstCall/ -- MGM MIRAGE (NYSE: MGM) and Dubai World today jointly announced that they will increase their offer to purchase shares of MGM MIRAGE common stock from 10,000,000 to 15,000,000, and set the tender price at $80.00 per share from the previously announced price range of $75.00 to $80.00 per share.  The offer price represents approximately a 20.4% premium over MGM MIRAGE's closing stock price of $66.47 - January 15, 2008.

• MGM CityCenter Project - Sustainable Architecture -

The MGM CityCenteris a mixed use development on 66 acres in the heart of the Las Vegas Strip between the Monte Carlo and Bellagio Resort Hotel and Casino - on the city's famous strip. Las Vegas is taking the lead in green development by planning the largest privately financed development in the history of North America vying for the USGBC's LEED certification. At 18 million square feet, the new sustainable spot on the strip called CityCenter boasts a square footage that is bigger than all current LEED certified buildings combined.

• Architects, Interior Designing and Artists

Whether the MGM Mirage project signals a shift, in Las Vegas High Rise Buildings Architecture, to tall and sleek modern towers remains to be seen. But architects say that either way, it will be a new architectural chapter for the city. Read more >>> CityCenter Hotel and Casino

MGM Mirage City Center Project - with respective areas:

• 4,004-room 61-story ARIA Resort & Casino (Cesar Pelli)
• 165,000-square-foot casino (Cesar Pelli)
• 400-room + 227 condos - Mandarin Oriental Hotel/Residences (Pedersen / Tihany)
• 400-room + 227 condos - The Harmon Hotel/Residences (Foster and Partners)
• 1543-unit Vdara Condo/Hotel tower (Rafael Viñoly)
• Twin, 337-unit luxury condo towers Veer (Helmut Jahn)
• 500,000 square feet of retail and entertainment space The Crystals Mall (Daniel Libeskind)
• $40 million worth of modern sculptures and installations by world famous artists including Maya Lin, Jenny Holzer, Claes Oldenburg, Coosje van Bruggen, Nancy Rubins, Frank Stella, Henry Moore and Richard Long.
• 225,000 square feet of convention and meeting space
• 900,000 square feet for back-of-house operations
• 2,000-seat theater
• 70,000-square-foot spa.
• 7,500-car parking garage

• Residential Sales  

Residential opportunities within the MGM City Center: Vdara,  The Veer, The Mandarin, The Harmon.

MGM City Center Prices Starting in the Low $600s. PPF (price-per-foot) Previously, the most expensive price per square foot sale for a residential property (single family home or condo) in the Las Vegas valley was just over $1,300 a square foot.

The CityCenter condos as per latest sales (The Harmon Residences ) are $1,500, $2,000 or over $2,400 per square foot as reported by Aaron Auxier REALTOR®

Condo Hotel High Rise - Vdara will be a 50 story luxury condo hotel tower. Vdara tower will feature 1543 fully furnished condo hotel suites

Residential High Rise - The Veer residential condos. The two distinctive glass towers will rise 36 feet and feature @ 700 modern loft-like residences.  

The Mandarin Oriental Hotel and Residences - The Mandarin will be a five star hotel and residential.  Mandarin Oriental will offer 227 luxury residential units on its top floors, and will be the most lavish and costly of all City Center's four residential buildings.

The Harmon Hotel and Residences - The Harmon Residences. -A $9+ billion development, to open late 2009- By far the most hip and trendy  to the MGM City Center project will bring the ultimate residences catering to the ultra chic and young celebrities. 

• Prices range from approx. $1.3 - $10+ million. Units range from @. 980 - 3,700 sq. ft.
• 227 luxury condo - 15 penthouses with 49 floors - approx. 552 feet
• PPF (price-per-foot): $1,500, $2,000 or over $2,400 per square foot

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