Cosmopolitan Las Vegas Facts

So if anyone’s wondering – I came across some hard facts on the hotel/condo room split, and square footage of the common areas in the Cosmopolitan Las Vegas courtesy of GlobeSt.com and VegasTodayandTomorrow.com.

• 3,000 total rooms; of that:
• 2,000 are condo-hotel rooms
• 1,000 are straight up hotel rooms
• 641,850 square feet of back-of-house area
• 522,934 square feet of public area; of that:
• More than 150,000 square feet of convention and meeting space
• A 75,000-square-foot casino
• 300,000 square feet of retail, restaurant, and entertainment space
• An 1,800-seat theater
• Only 3,420 parking spaces – due to the 30% waiver from the required 5,029 spaces the zoning regulations call for
• 1,800 condo units are under contract as of present time (January, 2009)

Total Development Cost: $3.9 billion

Amount Foreclosed Upon By Deutsche Bank: $760 million

Amount Deutsche Bank Purchased Cosmo For From Foreclosure: around $1billion

Current Owner: Nevada Property One, LLC (an affiliate of Deutsche Bank)

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Related posts:

1. Cosmopolitan Las Vegas Is Rumored To Have 1,800 Units Under Contract
2. Cosmopolitan Las Vegas: Officially Foreclosed!! But Construction Will Continue
3. The Backstory of Bruce Eichner’s Cosmopolitan Resort & Casino

Tags: cosmopolitan las vegas, cosmopolitan room count, cosmopolitan square footage, las vegas, las vegas strip

Category: casino, commercial real estate, construction, design, Hotel Development, Hotels, las vegas, real estate, resorts