Cosmopolitan Las Vegas Now In Lights

The last resort casino expected to open on the strip over the next few years is getting closer to completion.

Although the Cosmopolitan of Las Vegas has had several hurdles to overcome, the recent launch of the resorts website and the lighting of a 65 foot marquee signaled that the resorts newest owners have overcome those obstacles.

The resort originally being developed by 3700 Associates broke ground in late 2005, however by 2008 developers defaulted on more than $760 million in construction cost and was foreclosed.

Deutsche Bank as leading lender invested another $1.1 billion to complete the project originally named The Cosmopolitan, but faced a trademark infringement suit in June 2008. Hearst Corp filed the suit as the owners of the Cosmopolitan magazine and the resort was renamed to the Cosmopolitan of Las Vegas.

A soft opening for the resort is scheduled for December 15 with grand opening events planned over New Year’s Eve.

The 2,995 room resort will also include a 43,000 square foot spa, a 100,000 square foot casino, 60,000 square feet of retail space, 11 restaurants, three pools including one adult pool and a nightclub.