"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.
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Las Vegas City Center Half Sold Out
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.