Originally Posted by
christianj
I think you will have to wait longer than the 2008 timeframe they have tossed out. I was in LV last month and jogged by the property and NOTHING had been done at the site other than them putting up boards around the property listing "Future home of W LV." Hyatt property at least had major construction going on!
At
http://highrises.blogspot.com/ "Has Starwood Pulled out of W Las Vegas High Rise Condo Hotel Project?"
At
http://www.reviewjournal.com/lvrj_ho.../11390644.html
and
http://www.casinocitytimes.com/news/...ntentID=163115 "Las Vegas-based Edge Resorts, developer of the W Las Vegas on Harmon Avenue, has hired Credit Suisse Group of New York to explore "strategic partnerships" in the $1.7 billion mixed-use project, Edge principal Reagan Silber said. The 46-acre property is not being listed for sale, though Silber said he has no doubt that there are investors who would like to buy the land."
****
"Sources in Las Vegas suspect that the land is being put on the market because Starwood is pulling out of the project. Calls to Starwood Senior Vice President Ross Klein in New York and to Credit Suisse were not returned."