City Center Could Make Or Break Las Vegas | wsj.com
CityCenter--also known as, "The Thing That (Almost) Ate MGM Mirage"--is getting ready to open its first phase in just a few weeks. A big concern is whether it will mark another successful expansion of the Las Vegas Strip or merely dump lots of new capacity onto a city where hotels have been begging for guests in the economic downturn. Jim Murren, the chief executive of MGM Mirage (MGM) and the driving force behind the massive $8 billion-plus mixed-use project, is calmly confident that not only will CityCenter boost his company's vacillating fortunes but it also will give the whole area a lift.
