![]() During the financial crisis, Eichner ran out of money, he could not pay an outstanding instalment, but the complex was not even half finished. In January 2008, however, it became known that financing problems existed for the project. ![]() ![]() Originally the hotel was to be operated as Grand Hyatt Las Vegas the Deutsche Bank wanted to grant a loan to the real estate mogul Eichner. The Cosmopolitan has an underground car park instead of a multi-storey car park next to The Palazzo as a second hotel. Since this remained in place, it was agreed before construction that residents of the Jockey Club could use part of the new hotel garage as a substitute. The resort was built on a site that used to serve as a parking lot for the Jockey Club, a smaller apartment complex. Construction began in October 2005, opening on December 15, 2010. The project was designed by Ian Bruce Eichner. Atypical for Las Vegas, most of the rooms have balconies and openable windows. It houses a 9300 m² casino, 28,000 m² of restaurants, bars and retail space, a spa and fitness centre, several pools, conference facilities and a theatre with 1800 seats. The complex consists of two 61-storey towers, each with 2995 rooms and suites, as well as the plinth area. The hotel was opened in December 2010 and is located south of Bellagio on the Strip. The Cosmopolitan (officially: The Cosmopolitan of Las Vegas) is a casino and hotel complex located in Las Vegas, Nevada. ![]()
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