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Michael Jordan's Aqua Blue Condo/Casino Sunk

By Chuckmonster on Tuesday, 28th June 2005 10:37pm
  » filed under Las Vegas  comments: 0

   

The volatile Las Vegas high rise market has claimed another victim, Aqua Blue. Aqua Blue was to be a 46-story Las Vegas high rise located near the famous Las Vegas Strip, just behind Ballys Casino. World famous NBA superstar Michael Jordan backed the $600 million dollar project with a proposed 65,000 square foot Michael Jordan Athletic Center and planned on expanding his restaurant businesses by adding a Michael Jordan Steak House and Michael JordanŐs 23 to the Aqua Blue High Rise. The project developer cites increased construction costs as the primary reason for the cancellation. The high rise was over 50% sold out and refund checks will be sent back to buyers shortly via Nevada Title.

[ Air ball? Read original VT news item on this (including Architectural Drawing). - Ed ]



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