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Photo: The Final Floor Of Harmon Hotel Being Removed

By Chuckmonster on Tuesday, 11th August 2015 9:20am
  » filed under Las Vegas  comments: 3


Big thanks to VT superfriend VegasGalB for sharing this photo of construction crews demolishing the very last floor of the Harmon Hotel taken from her office at Veer. Veer was also plagued with the botched rebar issue that took out Harmon, but they fixed it.

Five years after we broke the news that The Harmon is Toast, the Harmon is officially toast. We'll always have these exclusive interior photos to rumple and fetish.

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?

Tagged: harmon hotel   mgm resorts   ipso facto jimbo   


Comments & Discussion:

#pocketpark #murrenfail

In the immortal words of Roy Orbison, 'it's over"

I lost track of all of the litigation...what was the final cost to MGM of the Harmon debacle? I know they settled, but I'm guessing MGM didn't get it all back. The terms of the settlement may have been confidential but many "confidential" details like this are often disclosed in SEC filings. Anyone know what they actually lost on this building?

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