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2 Acres Where The Harmon Stood

Discussion in 'Casino Industry & Development' started by smartone, Aug 7, 2015.

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  1. leo21

    leo21 VIP Whale

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    I don't have one. I think they need to spend some money on something free that will add excitement to the area. Maybe like an interactive art piece to draw folks to the other artworks in City Center. I am realistic. I know any money they spend needs to produce revenue. But we had a good idea the Harmon would be turned into retail before they even had permission to tear it down because MGM is that damn predictable. It would be nice to think they spent part of the last couple years at least contemplating something else.
     
  2. lithium78

    lithium78 VIP Whale

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    CityCenter really has nothing to distinguish it from other places on the Strip. It doesn't even have one of the good Cirque shows. (Zarkana is pretty meh.) I never go to CityCenter unless I have free show tickets (and now that I've seen Zarkana twice, I don't really see a reason to go back again.)
     
  3. PayTriple

    PayTriple VIP Whale

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    My suggestion would be a strip club. That would be a money maker given its central location. But I doubt the zoning board would approve the permit.
     
  4. waverunner

    waverunner ------VEGA$------

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    I love the smell of armpits in the morning...........it smells like.........Butter Bean.
     
  5. wanker751

    wanker751 Dutch Rudder Enthusiast

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    Highest grossing strip club in usa I bet. Only if mgm had the balls
     
  6. earth-3

    earth-3 VIP Whale

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    Very little of what we say will have impact. Our surprise is that the majority of owners have no idea what we want.
     
  7. leo21

    leo21 VIP Whale

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    Oh they have focus groups to back everything they do supposedly. I have no idea who they are actually talking too but my hunch is that it usually a narrow demographic in terms of where they live and their Vegas experience.
     
  8. Nevyn

    Nevyn VIP Whale

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    Don't assume that they don't know. They don't care, thus knowing is beside the point.
     
  9. thecarve

    thecarve Misanthrope

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    There seems to be a fair number of VMBers with countdown timers. I think "they" might have a reasonable handle on what some folks want.
     
  10. PayTriple

    PayTriple VIP Whale

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    Point to Shifter.
     
  11. Funkhouser

    Funkhouser In Charge of the Big Door

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  12. ski-doo_rider

    ski-doo_rider Low-Roller

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    In my five trips (yes only 5 times, pathetic, I know) to Vegas I have never once gone shopping or even thought about shopping (other than picking up souvenirs for my son). I go to Vegas to gamble, drink, enjoy all the eye candy, and forget about the real world for a few days :)
     
    Last edited: Aug 11, 2015
  13. etm117

    etm117 Low-Roller

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    Yes, yes and yes on my Vegas gameplan.

    With that said... if MGM can do well by their shareholders to put retail in because that will pay bills more than any other options then that is their prerogative. I am not a shareholder, but I am realistic to understand that the Bellagio fountains are a once in a lifetime (not generation, but lifetime IMO) use of space that no one else can copy. And that is the real world we live in as these gigantic hotels are not cheap. If you think putting in free stuff is a "great idea for the company", then you live in a different reality than the rest of the world because free still gets paid for by someone...
     
  14. The Stig

    The Stig VIP Whale

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    Here's hoping they can get rid of all that now as it can be a bottleneck sometimes round there
     
  15. nostresshere

    nostresshere Mr. Anti Debit Card

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    And it will bottleneck again when they start building
     
  16. ken2v

    ken2v Wish I was in Bend

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    Bad boy. Bad, bad boy.
     
  17. gpburdell

    gpburdell Low-Roller

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    I've always wondered if a hotel/casino would dare to open a strip club on premise. In my experience, the people who go to strip clubs are typically your gamblers vs non gamblers. This could help keep those people from leaving and introduce a new revenue stream. I'm not sure how the shareholders would like it though.
     
  18. Bubbavegas

    Bubbavegas VIP Whale

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    :nworthy::clap:
     
  19. Terry Benedict

    Terry Benedict VIP Whale

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    I loved the pondering at the end of the VT article.

    I wonder how Las Vegas would be different today if Perini Corp. didn't botch the construction of the Harmon Hotel. Would opening expenses have been the straw that broke MGM's back? Would The Light Group have transitioned from F&B to hotelier and avoided the Morgans Hotel Group acquisition? And what about Hakkasan Limited... would they have gotten their foot in the Vegas door with a big and burly Light Group in the way? Would having a nightlife centric hotel have saved Haze? harmed Marquee? Would an operational Harmon cannibalize other MGM offerings? provide fuel to CityCenter's slowly growing bright spot of profitability? decimate Cosmopolitan? move the needle at Encore?

    A strip club would be so expensive and make SO much money.
    I think none of us, ten years ago, would have predicted the obscene (translation: gobs and gobs) money nightclubs and dayclubs are now bringing in. The decision makers who brought in the most profitable nightclubs in America rather than invest in competing with local tribal casinos have earned my respect. $5mil operating cost vs. $17mil revenue for Crystals is better than I expected also. The Linq turned out a lot better than I expected. I will spend some money in the restaurants down there. I hope the Bazaar grows up better than I expect.

    Good luck to them. Make our Strip better!
     
  20. leo21

    leo21 VIP Whale

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    The problem with Harmon would have been the condos that would not have sold. I don't know if the hotels rooms would have hurt because I don't remember ever seeing a clear concept that would give a clear idea of who would have been drawn to them. It would have been the first boutique hotel with just four hundred rooms. Getting Aria open without taking too much business from Bellagio was the real challenge.
     
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