Friday, November 13, 2009

Small signs of economic recovery

From Las Vegas -

CityCenter is due to open soon.  MSNBC has the following description:

           SoHo with slot machines

Set to open its multi-billion-dollar doors in December, CityCenter is more than just another casino resort. It’s also the largest privately funded construction project in the U.S., a much-touted honorific that, in hindsight, strikes some as more burden than blessing. Conceived before the recession β€” and almost bankrupted by it β€” CityCenter is making its debut in a very different world.

And another mixed use development, Tivoli, is renewing construction work after taking time off during the (hopefully) worst of the recession.  While the residential real estate market in Las Vegas has a long way to go toward recovery, this commercial, mixed use construction is a promising sign.

Ngai Pindell

Las Vegas, New Urbanism | Permalink

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