Scheduled to open in November 2009, CityCenter includes a 4,000-room resort casino, 2,650 condominiums in multiple towers, two 400-room non-gaming hotels and 470,000 sf of retail and entertainment space. In August, MGM Mirage sold a 50% stake in the development for $2.7 billion to Dubai World, a conglomerate responsible for the Atlantis developments and the Palm and World developments off the coast of Dubai.
Bill McBeath, president of the Bellagio since early 2005, is now the president of the 4,000-room casino-resort under construction at CityCenter. McBeath also will oversee one of the planned 400-room non-gaming hotels, the Vdara Condo Hotel. Prior to the Bellagio, McBeath was president and COO of the Mirage.
Also moving over from the Bellagio is Jon Corchis, who has been named SVP and CFO of CityCenter, the same position he held at the Bellagio. He has been with the company since 1993, holding positions at The Mirage, Beau Rivage and Bellagio.
Recommended For You
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.