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#64023 - 11/17/10 02:58 PM
Re: How is City Center Doing?
[Re: will800]
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Member
Registered: 08/01/01
Posts: 6002
Loc: Las Vegas NV , USA
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I think you got it all, Mr City Center. I can an unrelated fact that I saw much of the Viva Elvis wrap removed from the Harmon. Who knows what they will replace it with.
There is speculation that while the lawyers argue back and forth over millions of dollars, The Harmon is probably just fine at it's current height. If it were to open as is, it would be easier to fill up than if it were 3 times taller, especially in this economy. Also buildings are designed to be overbuilt beyond current structural minimums. It remains unclear just exactly how unsafe The Harmon is. Maybe it can withstand a 6.8 earthquake, if code required it to handle 7.0. Maybe it has 3 percent less rebar in certain areas than code, but the structural integrity could be easily reinforced. Maybe it doesn't meet requirements for a hotel room, but is above code for an office building, commerical building, or other usage which might be better since we don't need the hotel rooms.
Unrelated to any of this is the fact that the Cosmopolitan is being lit up and will be a major player on the strip. MRI might need to consider that The Harmon might be there only new player on the strip that could compete with the Cosmo.
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