"The demand for this product is there," Dennis said. "What our sales figure show is that the high-end residential market is much more buoyant and resilient than the general residential home market. We're comfortable we'll reach a sell-out mark by opening."The project will require thousands of employees to support it creating many jobs. The residential market will heat up simply because of the demand for workers.
Around 50% of the 2650 units have sold at the Las Vegas City Center project. The units are high-end homes located right on the strip. The project is huge. It will cost around $7.8 billion when all is said in done in November 2009.