Archive for the ‘Nevada Market’ Category

CITYCENTER NEARS COMPLETION AS IT TOPS OUT FINAL RESIDENTIAL COMPONENT, VEER TOWERS

Friday, May 22nd, 2009

LAS VEGAS – May 20, 2009 – CityCenter is celebrating a milestone with the recent “topping out” of its dramatically inclining high-rise condominiums, Veer Towers, CityCenter’s only pure residential offering. Preceded by Vdara Hotel, ARIA Resort & Casino and Mandarin Oriental, Veer Towers includes CityCenter’s fourth and fifth high-rise structures and the final residential component to be topped out in preparation of the urban resort destination’s opening later this year.

“The topping out of Veer Towers signifies the final stages of construction for CityCenter as we progress toward its grand opening just months from now,” said Bobby Baldwin, president and CEO of CityCenter. “Veer Towers’ cutting-edge architecture defines the core of CityCenter’s unique urban design. Inclined at five-degree angles – a feature celebrated by the development’s name – the towers will no doubt be an attraction in and of themselves when CityCenter debuts later this year.”

Designed by Helmut Jahn, Veer Towers will be a masterful translation of energy and excitement into physical form; its two glass towers will shimmer day and night and rise above Crystals, CityCenter’s retail and entertainment district. The overall lobby environment, with soaring ceiling heights, will showcase the beauty of its architecture with dramatic glass walls flooded with light, metal statements, exposed concrete walls and modern artwork. Veer residences will be filled with contemporary features and designer-selected fixtures. Open floor plans will feature floor-to-ceiling and wall-to-wall windows that capture spectacular views of Las Vegas and the surrounding CityCenter. Light-filled rooms, natural textures and a range of neutral palettes will infuse streamlined interiors with openness. Modern kitchens, living and dining areas will be ideal for entertaining and spacious spa-styled bathrooms will invite retreat.

Veer’s most compelling attribute will be its striking rooftop amenity floor. Positioned atop each striking 37-story tower, residents will enjoy an amenities floor featuring an unequaled view of Las Vegas complemented by an infinity-edge pool, hot tub, sun deck and patio for outdoor entertaining. Within, Veer will feature a media room; game room; fitness center with panoramic views; and men’s and women’s separate changing rooms, steam rooms and saunas. Veer’s west tower also will boast a business center and boardroom for residents who wish to conduct business from home.

Owners of Veer residences will enjoy access to the full spectrum of MGM MIRAGE properties in Las Vegas. Benefits include preferred access to MGM MIRAGE’s unequaled resorts, restaurants, entertainment, special events, nightlife, shopping, and golf and spa offerings.

Charting a new course for responsible growth in Las Vegas, MGM MIRAGE is pursuing the U.S. Green Building Council’s Leadership in Energy and Environmental Design (LEED®) certification at CityCenter. Designed with the environment in mind, Veer residences will feature extensive natural light, dramatically reducing lighting power requirements, and water-saving fixtures throughout. Its glass façades and fins will provide shade from the sun, diverting heat and enhancing circulation of cool air to promote energy-efficient climate control.

Veer Towers is part of CityCenter, a dazzling vertical city set on 67 acres between Bellagio and Monte Carlo resorts. A joint venture between MGM MIRAGE (NYSE: MGM) and Infinity World Development Corp, a subsidiary of Dubai World, the urban development will feature ARIA, a soaring 61-story, 4,004-room resort casino; three non-gaming hotels including Mandarin Oriental, Las Vegas, Vdara Hotel and The Harmon Hotel (opening 2010); approximately 2,400 luxury residences; a resident Cirque du Soleil show celebrating the legacy of Elvis Presley; and Crystals, a 500,000-square-foot retail and entertainment district. For sales information on Veer Towers or to inquire about CityCenter residential opportunities, please call (702) 590-5999, toll-free (866) 708-7111 or visit www.CityCenter.com.

10 Tips for First-Time Homebuyers

Friday, October 10th, 2008

The thought of owning your first home seems very exciting. Newlyweds, small families, or even independents make  same, common mistakes when purchasing their first home. Without proper help from a professional, such as a Realtor, first-time homebuyers will come across complications.

These following 10 Tips will help your first home buying experience a breeze:

1. Be picky, but don’t be unrealistic. There is no perfect home.

2. Do your homework before you start looking. Decide specifically what features you want in a home and which are most important to you.

3. Get your finances in order. Review your credit report and be sure you have enough money to cover your downpayment and your closing costs

4. Don’t wait to get a loan. Talk to a lender and get prequalified for a mortgage before you start looking.

5. Don’t ask too many people for opinions. It will drive you crazy. Select one or two people to turn to if you feel you need a second opinion.

6. Decide when you could move. When is your lease up? Are you allowed to sublet? How tight is the rental market in your area?

7. Think long-term. Are you looking for a starter house with the idea of moving up in a few years or do you hope to stay in this home longer? This decision may dictate what type of home you’ll buy as well as type of mortgage terms that suit you best.

8. Don’t let yourself be house poor. If you max yourself out to buy the biggest home you can afford, you’ll have no money left for maintenance or decoration or to save money for other financial goals.

9. Don’t be naïve. Insist on a home inspection and if possible get a warranty from the seller to cover defects within one year.

10. Get help. Consider hiring a REALTOR® as a buyer’s representative. Unlike a listing agent, whose first duty is to the seller, a buyer’s representative is working only for you. And often, buyer’s reps are paid out of the seller’s commission payment.

Especially in today’s economy, it is crucial that you have the right guidance and advice to from a professional.

CityCenter on the Rise

Friday, October 10th, 2008

CityCenter is a 76-acre urban resort destination located on The Strip in Las Vegas and developed by MGM MIRAGE. Distinguished for creating unparalleled resort, dining and entertainment experiences, MGM MIRAGE and CityCenter offer a level of amenities, services and standards that undeniably defies expectations. CityCenter will encompass residential living, a shopping district, restaurants, bars, clubs, hotel and gaming, and art accessible to everyone.

With the continued expansion and development of CityCenter, Las Vegas is forever changed. ARIA Resort & Casino and Vdara Condo Hotel have recently topped off, bringing the completion of the ultimate resort residential opportunity on The Strip that much closer.

Check out their live site cam.

More information can be obtained by us at CityRidge.com or simply go to their website with detailed information.

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