As Echelon Hits Brakes
GlobeSt. com - New York,NY,USA
LAS VEGAS-While Boyd's $4-billion Echelon project is being put on ice due to financing concerns the $9-billion CityCenter construction project here continues unabated and appears to have its financing under control, according to comments made by company executives on a conference call with analysts this week. The 19 million-sf development--rising all at once on 67 acres between the Monte Carlo and Bellagio casinos--is slated to open in late 2009. ...MGM Mirage executives told analysts that both it and its JV partner in the project, Dubai World--a conglomerate that owns the company developing the manmade ...
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