A Silver Lining for a Hotel Developer | nytimes.com

EVEN in flush times, CityCenter was an ambitious undertaking. Sprawling over 67 acres on the Las Vegas Strip, it was to contain four hotels, one of them with more than 4,000 rooms, and hundreds of condominiums offering hotel services. The owners — MGM Mirage, the publicly held casino operator, and Dubai World, an investment arm of the Dubai government — have together spent nearly $9 billion on CityCenter, which they hope to open by December.