MGM Mirage and Dubai World Conclude Vegas CityCenter Deal - ENR | McGraw-Hill Construction
Keywords: finance, construction methods, markets, government, costs, business conditions, ENR, legislation
Full Article Price:
$4.95
Delivery: Immediate Online Access
Publication Date: 19-NOV-07
Format: XML document
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Article Description| MGM Mirage and Dubai World, four months after its initial announcement, completed their joint-venture agreement on Nov.15, resulting in a 50/50 ownership of the $7.4-billion CityCenter mixed-use development on the Las Vegas Strip. MGM Mirage contributed CityCenter assets valued at $5.4 billion, while Dubai World paid $2.96 billion for a 50% project stake. ... |
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