October 11

Perini Building Company, a division of Perini Corporation, signed a $1 billiion construction deal with 3700 Associates LLC, to build The Cosmopolitan Resort & Casino. The total likely project cost, including construction is over $1.8 billion.

Ground breaking is scheduled for the end of October. The Cosmopolitan Resort & Casino is scheduled to open for business in the middle of 2008.

The urban high-rise casino resort development will inundate the Vegas skyline with its spectacular architecture and vertical design.

Being built on nearly eight and a half acres, the project's look includes over 5 million sq. ft. of development on the Las Vegas Strip. The contract includes constructing two high-rise hotel and condo-hotel towers approximately 600 ft. tall with a total of approximately 3,000 luxury hotel rooms and suites and condo-hotel residences.

More than 150,000 square feet of convention and conference space and a 75,000 square foot casino, some 300,000 square feet of exclusive shopping and fine-dining restaurants.

The new casino resort will even feature an 1,800 seat theater. This resort will compete with big names by providing all the necessities like a spa and more.

Stepping-up to newer buildings on the Strip like the Wynn, the Cosmopolitan will feature breath taking architectural features.

Online casino players love visiting Vegas, this will be one more reason to go in 2008.