 |
CityCenter, the $9bn complex
that opened in 2009 |
There is a lot riding on the Sahara redevelopment, with SBE the first company to start a project of this magnitude since the 2008 crash. “We wanted to come in early [in the economic recovery] because construction costs are significantly cheaper than they were,” says Rob Oseland, president and chief operating officer of SLS Las Vegas, shortly before we walk through the empty casino. “As the market returns, real estate values and development projects will come back. It’s been rewarding to be the first ones out because Las Vegas has gone through so much doom and gloom that any sign of growth is celebrated.”
* username: rupertbu
No comments:
Post a Comment