Top 10 Most Costly Construction Projects Ever
6. The Las Vegas Cosmopolitan
Place: USA
Completed Cost: $3.9 Billion
Year Completed: 2010
The Cosmopolitan of Las Vegas, developed by 3700 Associates, is a luxurious resort and casino that officially opened its doors in 2010 at a cost of $3.9 billion. This impressive complex features two striking buildings, each soaring to a height of 603 feet, making it a prominent landmark on the Las Vegas Strip.
Inside, the Cosmopolitan boasts over 3,000 hotel rooms, offering a blend of modern elegance and comfort. Guests can enjoy a wide array of amenities, including a 3,200-seat theater, a vibrant casino, and a spacious convention center, making it a versatile destination for both leisure and business travelers.
In conclusion, the Cosmopolitan of Las Vegas stands as a testament to the city's reputation for luxury and entertainment. Its grand architecture and extensive offerings have made it a key player in the Las Vegas hospitality scene, attracting visitors from around the globe.
Photo Credit: The Las Vegas Cosmopolitan ©Shutterstock/Kobby Dagan
In 2014, the Cosmopolitan of Las Vegas was sold to the Blackstone Group for $1.73 billion, just a year after being named "The World's Best Hotel" by Deutsche Bank. This accolade highlighted the resort's exceptional service and luxurious offerings. Prior to this sale, Deutsche Bank had acquired the property from 3700 Associates in 2008 for $1 billion.
Beyond its financial success, "The Cosmo" has made a significant impact on popular culture. It served as the setting for the fourth season of Top Chef Masters, showcasing its culinary excellence. Additionally, the hotel was featured in The Killers' music video for "Shot at the Night," further cementing its status as a cultural icon in Las Vegas.
In conclusion, the Cosmopolitan of Las Vegas is not only a luxurious destination but also a notable player in the entertainment and hospitality landscape. Its recognition in both the financial sector and popular culture underscores its influence and appeal, attracting visitors and media attention alike.
