Add that to the on-hold Echelon which is directly across the street from The Plaza, and you have one flat, barren area on the north end of the Vegas Strip. Good thing Wynn's Encore is still scheduled to open! Or else this part of the Strip would start looking like no-mans land.
Second, Deutsche Bank has finally foreclosed on the Cosmopolitan. Cosmo Condo Deposit Holders do not fear! They are actively continuing construction, while looking for another partner - supposedly on the short list are:
· Hyatt who was supposed to operate the hotel portion of the Cosmo.
· Starwood Hotels who was rumored to convert the project into a W and St. Regis.
· Marriott who apparently just decided to join in on the whole Las Vegas development explosion, er, we mean implosion.