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Residence at Mandarin Oriental Hotel condominiums for sale at Las Vegas City Center

May 20th, 2010 · No Comments · City Center Las Vegas, Las Vegas high-rise condos, Las Vegas Real Estate

Mandarin Oriental Hotel Residence condos for sale at Las Vegas City Center, Las Vegas, Part One

In order to discuss Mandarin Oriental Hotel Residence condos for sale at Las Vegas CityCenter I have to talk about Aria Casino. Karen and I visited Aria Casino, which has the same name as my sweet nephew, shortly after MGM Grand’s grand opening of City Center and I hated it. I thought it was DARK, cold and impersonal and without attractions that other MGM Grand casinos have like the Mirage Volcano or Bellagio Fountains. Aria comes in two flavors, shades of white and brown and not much of any other colors and the ceiling and the casino are lit up by spotlights. We never went back to Aria.

The deal is that MGM Grand decided to (replicate?) their high roller areas of their other casinos in the Aria casino and I believe that they have failed miserably. I have never been a high roller and don’t know what these guys want in their casino, but most of the people that I talk to don’t like or go to Aria either.

Having said all that, the rest of MGM Grand’s CityCenter non-gaming hotels are doing fine and I believe that MGM Grand has succeeded in building the other City Center hotel towers like any luxurious big city hotel and the hotel guests can register and go to their rooms without dealing with large lines and traffic in other casino hotels and have a pocket of tranquility in the middle of the best shopping and dining establishments on earth.

Mandarin Oriental Hotel Residence condos succeeded in providing rich people a quiet, luxurious and relaxing environment which is surrounded by energy and activity and that is cool, if you can pay for it.

Mandarin Oriental Hotel Residence condos entrance is in a smaller yard which is separate from other City Center areas and the residences have their own entrance and elevators that is separate from the hotel guests’ entrance.  There are a total of 42 penthouses divided among Mandarin Oriental’s top seven floors. This means that with 6 condominiums per floor and a location such as Mandarin Oriental, these condos should fetch millions.

I don’t know if MGM Grand can close escrow on the remaining condos at Mandarin Oriental, only the future will answer this. However if they don’t close on these condos and thousands of their other residential condos in other towers, something has got to give.

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Related web-site pages: Investing in Las Vegas Real Estate, Las Vegas homes, luxury condos and commercial real estate for sale, Las Vegas high rise condominiums for sale

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