MGM Mirage's $10 Billion "Project CityCenter" between the Monte Carlo and Bellagio (Harmon & Las Vegas Blvd.) has begun!
Work gets humming for Project CityCenter
Some facts about this project:
"the largest privately funded building project ever in the United States with a construction value of $5 billion"
66 acre parcel
10,000 residental units
5,000+ hotel rooms
6,300 trade construction workers (an estimated 1/3 of the city's capacity!!!) at the peak of construction
will eventually employ 12,000 (remember Steve Wynn's rule, for every gaming job created, two are instiantly created to service those people in some way, and each person who moves hear for those now 36,000 jobs will bring another 2-3 people in their family.... basically 72-108,000 people will move to Vegas because of this project alone!!!)