Cosmopolitan Resort and Casino Las Vegas    
 
 

The Cosmopolitan Resort & Casino is intended to have a four-star rating. It will be built on Las Vegas Boulevard between the Bellagio and MGM Mirage's recently announced 66-acre, master-planned urban complex, Project CityCenter. The Cosmopolitan is projected to break ground in 2005 and open in late 2007 or early 2008.

The Cosmopolitan Resort & Casino will be a condo hotel destined to redefine the Las Vegas skyline with its stunning design. A $1.5 billion development, it will consist of two 61-story glass towers on an 8.5-acre site right on the Las Vegas Strip.

The Cosmopolitan Resort & Casino will encompass:

  • Over 4 million square feet
  • Approximately 2,200 rooms comprised of condo hotel units and hotel rooms
  • Over 150,000 square feet of convention and meeting space
  • A 70,000 square foot casino
  • Over 300,000 square feet of retail, restaurant, and entertainment space
  • A 50,000 square foot fitness center and spa
  • 1,800 seat theater
  • 400 feet of Strip frontage
  • A four-level parking garage

Phil Gutman, head of sales for the Cosmopolitan project, said, "This market is so hot, we took reservations on literally hundreds of units on our first day despite virtually no advertising and our sales office not yet being opened." Guttman was quick to add, "For those who didn't get in on day one, rest assured that there will be more prime units that are being held back for a few more months. Those people shouldn't feel as though they missed out. They will still have a good selection of units to choose from."

The developer of The Cosmopolitan is a group called 3700 Associates. Ian Bruce Eichner, CEO of 3700 Associates, is one of the nation's premier developers of luxury time share and condominium properties, including The Manhattan Club in New York and the Continuum development in Miami's South Beach district.

Condo hotel units in The Cosmopolitan Resort & Casino are available from the 14th through the 61st floors. Choose from studios (600 sq. ft.), one bedrooms (900 sq. ft.) and studio combos (1,200 sq. ft.). All units include balconies. Prices range from $485,000 - $1,300,000.

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