FlyerTalk Forums - View Single Post - W Las Vegas taking deposits for residential units
Old Jan 4, 2009 | 9:10 am
  #53  
Kagehitokiri
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Join Date: Jun 2006
Location: IAD/DCA
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dead.

still a chance W might end up managing cosmopolitan though.

The Wall Street Journal is reporting that Related Companies (the New York developer) along with Starwood Hotels and Resorts Worldwide Inc.'s W Hotel group are teaming up to make a bid to take over the troubled Cosmopolitan Resort Casino. This could bring the high-end W Hotel brand to the project...

Deutsche Bank now owns the project and is continuing the construction while seeking a partner. MGM Mirage, Hilton, Hyatt and Starwood are on the short list...

Deutsche Bank still owns the project and is vetting possible hotel operators. Meanwhile, Related Cos. will oversee the completion of the resort...
http://www.vegastodayandtomorrow.com/cosmopolitan.htm

* hyatt (grand hyatt) was original management co.

* hilton cancelled conrad/waldorf. depending on the current state of condo sales, they might like this as a replacement. theyve also been rebranding waldorfs like crazy recently.

mgm certainly isnt interested now.

this would actually be better than original W project, especially if they dont restrict residential rentals. - there are several penthouses with fairly large private pools.

boo - delayed.

Originally Posted by detroit1051
This week's Clark County Planning and Zoning meetings have several agenda items regarding Cosmo, an extension of prior approvals because the project is not anticipated to be completed until the end of 2010.
http://agenda.co.clark.nv.us/sirepub...doctype=agenda
(vegas today tomorrow still says Q1 2010)

Last edited by Kagehitokiri; Jan 4, 2009 at 6:41 pm
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