The $8.5 billion CityCenter mega project is set to open next week in Las Vegas. Many say it's likely to be the last major project in the struggling city for years.
"The $8.5 billion joint venture by MGM Mirage Inc. and Dubai World features the work of eight top architects and several luxury hotel and condo towers, a major retail complex, and, not least, a full casino.
It represents the next wave of uber-resort-casinos with everything under one roof. And it could be the last project of its scope to be built in Las Vegas for several years, analysts say, because of the credit squeeze, low demand, and an oversupply of hotel rooms."
CityCenter is the only mega project to complete in Las Vegas in 2009, as the global economic recession has caused countless others to stall or completely dissipate.
FULL STORY: CityCenter raises stakes on the Vegas Strip
Depopulation Patterns Get Weird
A recent ranking of “declining” cities heavily features some of the most expensive cities in the country — including New York City and a half-dozen in the San Francisco Bay Area.
California Exodus: Population Drops Below 39 Million
Never mind the 40 million that demographers predicted the Golden State would reach by 2018. The state's population dipped below 39 million to 38.965 million last July, according to Census data released in March, the lowest since 2015.
Chicago to Turn High-Rise Offices into Housing
Four commercial buildings in the Chicago Loop have been approved for redevelopment into housing in a bid to revitalize the city’s downtown post-pandemic.
Ohio Lawmakers Propose Incentivizing Housing Production
A proposed bill would take a carrot approach to stimulating housing production through a grant program that would reward cities that implement pro-housing policies.
Chicago Awarded $2M Reconnecting Communities Grant
Community advocates say the city’s plan may not do enough to reverse the negative impacts of a major expressway.
New Park Opens in the Santa Clarita Valley
The City of Santa Clarita just celebrated the grand opening of its 38th park, the 10.5-acre Skyline Ranch Park.
City of Costa Mesa
Licking County
Barrett Planning Group LLC
HUD's Office of Policy Development and Research
Mpact Transit + Community
HUD's Office of Policy Development and Research
City of Universal City TX
ULI Northwest Arkansas
Town of Zionsville
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