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Cosmopolitan News |
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This
page was updated 6/14/08 |
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Visit the
Cosmopolitan
website |
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Buy
Cosmopolitan Las Vegas
Condos |
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The Cosmopolitan Resort
and Casino
This
$3-billion, hotel/condo/casino will feature luxurious appointments and state-of-the-art
amenities such as flat-screen televisions and VIP access to the rooftop
beach-club, as well as a fantastic casino, restaurants and nightclubs. Available floor
plans will include 600+ square foot studios and 900+ square foot one-bedroom
condo-hotel units. The condos will be managed by the hotel at the request of
the owners.
The
Cosmopolitan Resort & Casino will be include:
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3,000 condo-hotel and hotel rooms
managed by Grand Hyatt
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More
than 150,000 square feet of convention and meeting space
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A
75,000-square-foot casino
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300,000
square feet of retail, restaurant, and entertainment space
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An
1,800-seat theatre
The project is expected to open
in the first quarter of 2010
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Cosmopolitan Renderings
Click image to enlarge |
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This
full-size mock-up shows how the ziggity-zaggity facade
of the Cosmo will be configured. The rendered humans are for
scale. |
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Latest
Exterior Rendering 10/06/06 |
8/7/06
Rendering (above) shows the Beach Club on top of
Cosmopolitan's roof. Swimming with a strip view (nice). |
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Latest interior renderings 4/10/07 |
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4/20/07
A Look Inside
Check out these detailed floor-plates.
Click image to enlarge |
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1/21/07
See the floor plans
for the three podium levels
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Casino Level |
Retail Level |
Dining and Meeting Level |
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Cosmopolitan
Construction Photos
Click images to enlarge
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The first shot of the framing
for the interesting glass facade on the Strip-front podium levels. (top
left)
The other shots show the progress.
All photos 6/11/08 by Aaron Auxier |
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Cosmo rising
quickly.
Photo 6/8/08 by VegasRain |
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Although some of Cosmopolitan's
glass appears to be opaque,
I believe there is a protective paper backing on the inside.
This would also keep the floors cooler during construction.
Cosmopolitan refused to comment on this or anything
during their corporate uncertainties.
Photo 5/21/08 by Aaron Auxier |
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I doctored this photo by Richard
Sanderson,
in order to separate the Cosmopolitan from
the CityCenter
construction behind it. The Jockey Club
is shrinking more and more.
Photo 5/6/08 |
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Cosmo's Beach Tower is rising
nicely
There seems to be three colors of glass;
blue for the windows, charcoal for the sliding-glass-doors,
and aqua for the balconies. This might just be a protective coating.
Photo 5/4/08 by Scott Becker |
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Photo (far left) 4/16/08, shows
the Cosmopolitan rising behind the Jockey Club, with CityCenter rising
behind it.
Photo (left) 4/20/08, by Mark Diederichsen, shows glass balconies on Cosmo |
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Cosmo in full swing
Photo 3/10/08 by Aaron Auxier |
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Cosmo, rising behind the Jockey Club -
Vdara, rising behind Cosmo and
Panorama Tower 3,
rising behind Vdara.
Photo 3/7/08 by Jennifer Miller |
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Cosmopolitan, as seen from
Panorama Towers (far
left)
Photo 3/5/08 by Aaron Auxier
Cosmo's first glass (near left)
Photo 3/9/08 by Jsnod |
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The Big Hug
Cosmopolitan's embrace of the Jockey Club
as seen
from the Eiffel Tower at Paris
Photo 2/26/08 by Tony |
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Coming around
the west side to the front of the Jockey Club, Cosmopolitan construction is
still in full swing. The wooden forms in the background are for the first
two floors of the rooms tower (which will be concrete).
Photo 2/4/08 by Mark Diederichsen |
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A view from Planet Hollywood
shows the
progression of the Cosmopolitan
Photo 11/18/07 by Nate I. |
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What hole?
Where's the Jockey Club?
Photo 11/03/07 by Scott Becker shows
much progress when looking at Cosmo
from behind. |
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Work is progressing nicely on
the
100' tall podium levels surrounding the
Jockey Club. Photo 10/17/07 by Aaron Auxier |
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Taken from
the roof of the Marriott Grand Chateau,
these photos show the scope of the Cosmopolitan project
Photos 9/10/07 by Mark Adams |
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Lots of steel, Cosmopolitan's
hole
is filling in nicely.
Photo 8/24/07 by Steve Covington |
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Cosmopolitan Las Vegas is
creeping around all three
sides of the Jockey Club. This panorama view is based on three photos
by Aaron Auxier 8/18/07
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Say goodbye to southern
views, Jockey Club,
Cosmopolitan is filling in the gaps. Cosmo is also
creeping around JC's west side.
Photos 7/15/07 by Mark Diederichsen.
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Shot from the new Bellagio
employee garage,
this photo 7/9/07 by Scott Becker gives us a unique
view of Cosmopolitan as it rises from the great hole. |
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The west side of
Cosmopolitan's 100-foot-tall podium
has reached the height of the Jockey Club.
Photos 6/17/07 by Aaron Auxier |
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Watching the Jockey Club
slowly disappear.
Cosmopolitan is filling up the big hole
Photo 5/21/07 by Scott Becker |
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The pool area
at the (soon to be embraced) Jockey Club
is getting the last few months of visible sun as the
Cosmopolitan rises a few feet from its edge.
Photo 05/10/07 by Aaron Auxier |
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Steel rising from the great hole with
CityCenter in the background.
Photo 05/05/07 by Mark Diederichsen |
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The underground
parking structure is finally
being built. Construction will speed up
greatly from now on
Photo 4/22/07 by Mark Diederichsen. |
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Photo
(left), shows the west side (Casino/Hotel Tower)
elevator shaft, well under way.
Photo
(right) shows the (Spa Tower)
shaft and foundation in progress.
Photos
4/1/07 by Mark Adams |
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Finally going
vertical, the elevator shaft is coming out of the big hole.
Photo 3/4/07 by Aaron Auxier of www.VegasCondoScene.com |
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The foundation work continues on the east
side of the deep hole.
Photo 2/14/07 by Mark E. Adams |
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Cosmo's hole is as deep as
the Jockey Club is tall.
Let's call it "Jockey Canyon"
Photo 1/2/07 by Aaron Auxier of
HighRiseHookups.com
Click image to
enlarge |
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This photo (taken
11/19/06 by Mark Diederichsen) shows the
foundation work finally
underway. The 90 foot deep hole is
finished and the pad is being
poured.
Click image to
enlarge |
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This photo (taken
9/24/06) shows the deep hole for Cosmopolitan's underground parking
structure. Most of the work thus far has been on the
slurry wall,
which keeps Harmon Ave. from collapsing into the hole.
Also seen in this
photo are;
Panorama Towers, the new Bellagio
employee parking garage and MGM's massive
CityCenter main
hotel tower (now working on the
third floor).
Click image to
enlarge |
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Cosmopolitan
News and Views |
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News 3/22/08 Will Cosmopolitan become a W
Hotel?
The Wall Street Journal is reporting that
Related Companies (the
New York developer) along with
Starwood Hotels and Resorts Worldwide
Inc.'s W Hotel group are teaming up to make a bid to take over the troubled
Cosmopolitan Resort Casino. This could bring the high-end W Hotel
brand to the project.
Related
Companies is no stranger to Vegas. They headed the failed
Icon project in 2005 and teamed with Starwood on the failed
W Hotel project that was cancelled last year.
Maybe three times is a charm. News 3/15/08 Cosmopolitan Foreclosure Imminent
According to the WSJ, the deal between
Marathon and Eichner fell through and Deutsche Bank (the primary lender) is
beginning its foreclosure proceedings on Eichner's $760-million loan. We'll need to wait and see who will
step in and pick up the reins. Meanwhile, construction is still moving at
full steam.
News 2/23/08 Cosmo Saved
Marathon Asset Management has agreed to partner
with the Hyatt Hotels to buy out Cosmopolitan developer and owner Ian Bruce
Eichner. The partners will invest enough additional equity to finance the
remainder of the project. Once open, Hyatt will manage the hotel and
convention operations.
News 1/19/08 Work to
Continue
Perini Building and Deutsche Bank had
reached an agreement that construction could continue as scheduled while new
investors are sought.
News 1/16/08 Is the
Cosmopolitan in trouble
(AP) Deutsche Bank took the first step toward
foreclosing on the $3 billion Cosmopolitan Resort & Casino project. The
construction loan of $760 million went into default Wednesday.
Bruce Eichner of 3700 Associates LLC said, "This action by our lender comes
as no surprise. With the current challenges within the real estate and debt
capital markets, which are out of our control... we both anticipated and
planned for this. We have had multiple conversations with several groups of
interested investors, which continue to be ongoing." he continued, "the
demand for the condo units is strong, with 84 percent of the 2,184 units
sold, and added it was not the cause of the financing problem."
Eichner is seeking an investor with $400 million
to throw at the $3-billion project.
I expect this will do little more than delay the
opening date.
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Construction Photo 08/11/06
Click image to enlarge
This model can be seen in the sales office on
Harmon. Looks like the skinny tower got fatter. The purple area is the roof
of the existing Jockey Club.
Cosmo's underground parking structure is
under way.
Jockey Club in the foreground. Photo 5/01/06
Early rendering Click to enlarge |
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Jockey Club new Porte-Cochère under way |
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Porte Cochère
almost
complete
Photo 2/14/07
by Mark E. Adams
The Jockey Club
makeover begins with a new Porte Cochère and lobby
Photo 9/26/06
by Mark E. Adams
Click image to enlarge |
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8/11/06 Jockey
Club's Renovation may be Funded by Cosmopolitan
The Cosmopolitan is upholding their end of the bargain
with the Jockey Club Timeshares. According to the Jockey Club, the
Cosmopolitan has the option to remodel the exterior of the Jockey Club. Other improvements to the Jockey Club are a result of an agreement with
Cosmopolitan, and include:
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assigned
parking in Cosmo's underground lot
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elevators from
the new garage to Jockey Club's lobby
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elevators from
the Jockey Club to the Cosmo's tennis courts
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a new and
relocated (to the north side) lobby
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A new and
relocated (to the north side) Porte Cochère
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a
state-of-the-art fire and safety system throughout
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north side
landscaping
The folks at the
Jockey Club are very happy with the improvements and do not refer to the
Cosmopolitan as swallowing their property but rather embracing it. After
all, the 14,000+ owners of the Jockey Club will now have a great casino
resort right in their laps and will be able to stay indoors on their
short walk to it.
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Jockey Club Face Lift
The Jockey Club's exterior
face lift can go two ways; they can either try to emulate the look of the
Cosmopolitan or the Bellagio.
Your humble author feels that the Bellagio is the better choice in this
case. The Jockey Club is close to the Bellagio's lake and visible from the
pedestrian lakeside perches. A Bellagioesque makeover would blend the Jockey
Club into the lovely scenery letting the Dynamic architecture of the
Cosmopolitan, rising behind it, have its own presence. Time will tell.
The Bellagio uses
double scale windows
(two floors high) which makes the Jockey Club look like a little scale-model
sitting next to it. I worked up a paint and roof scheme which visually
changes the scale of the JC to match the Bellagio. I've presented the
renderings to the JC and they are impressed with them. It's possible that my idea
will come to fruition. My renderings (before and after) are below.
 Click
the image to enlarge. |
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4/24/06 New Stats
Cosmo's room count has been increased
from 2,500 to 3,000. The Casino size has been increased from 70,000 to
75,000.
10/26/05 Cosmopolitan
Breaks Ground
With a modest
groundbreaking ceremony, the Cosmopolitan is now on its way to reality.
Construction begins on the resort's infrastructure. Perini Building
Co. is removing more than 1 million cubic yards of dirt from the site to
construct a 90-foot-deep excavation that will house a 3,800-space parking
garage.
The new rendering
and model show an interesting glass facade which looks to be inspired
by Frank Gehry's bizarre hap-hazard design approach. Two rooftop pool areas can be seen
on the model, both will overlook the Strip
Jockey Club to be
Swallowed (ok, embraced) by Cosmopolitan
The Cosmopolitan Resort and Casino is under
construction on the Las Vegas Strip, directly south of the Bellagio and
directly north of
CityCenter and
will surround the 11-story Jockey Club timeshares on three sides. There will be no more southern views
from the Jockey Club. Jockey Club timeshare
owners will have an assigned parking area within the Cosmopolitan's parking
garage (as the Cosmopolitan is being built on the Jockey Club's parking lot. The northern rooms of the JC will still have the amazing front-row view of the Fountains of Bellagio.
Hyatt to Run
Cosmopolitan's Hotel
The 1,000-room
hotel portion of the Cosmopolitan Resort will be operated by Hyatt. This is
Hyatt's first Vegas Strip hotel. Hyatt will also manage the condominium
leasing program.
Cosmopolitan
press release 10/25/2005
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Jockey Club to be Embraced |
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