Surviving in the City

When CityCenter opened nearly three years ago, the timing couldn’t have been worse. With the recession taking a heavy toll on Las Vegas, the $8.5 million, 67-acre CityCenter negatively impacted other properties in the Valley, and risked becoming a colossal failure. The New York Times recently reported on CityCenter’s progress, and found that despite some remaining struggles, such as what will become of the unfinished Harmon tower, occupancy has been steady because of reduced room rates, and high-end retailers have been moving into Crystals, CityCenter’s luxury shopping mall. Perhaps the city within a city will make it after all.

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