This book features the design details of the largest and most innovative examples from such cutting-edge firms as Archi-Tectonics, ARO, Escher GuneWardena, and Office dA, among others. Its pages offer ...
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The co-developers of the massive CityCenter project in Las Vegas announced they have reached an agreement with their lenders to fully fund the project. The announcement, by MGM Mirage and Dubai World subsidiary Infinity World 50/50, ends weeks of speculation over the fate of the $9 billion complex, whose first phase is slated to open late this year.
Under the plan, Dubai World and MGM Mirage will fund their remaining equity contributions to CityCenter through letters of credit. In addition, CityCenter's lenders will immediately fund the full $1.8 billion senior secured credit facility.
The companies also announced that Dubai World is dropping the lawsuit it filed against MGM Mirage last month over concerns about the CityCenter's financial viability.
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