Remember the name The Cosmopolitan Chelsea Tower. This luxury resort casino and hotel stands tall on the Las Vegas Strip in Paradise Nevada. The Cosmopolitan is often called The Cosmo.
The Cosmopolitan Chelsea Tower boasts an impressive 184 meters height. It shares this height with its sister the Boulevard Tower. Both towers opened on December 15 2010. The entire project cost about $3.9 billion.
The Cosmopolitan features 3027 rooms. Many rooms include private terraces. The casino spans 110000 square feet. Retail and restaurant space covers 300000 square feet. A 40000 square feet spa and fitness facility caters to guests. The resort also houses a 3200 seat theater and 150000 square feet of meeting space.
In 2013 Gogobot declared The Cosmopolitan Chelsea Tower the “Best Hotel in the World”. Condé Nast Traveler added it to their Gold List in 2015. They named it one of the “Top Hotels in the World”.
The Cosmopolitan is home to the Marquee Nightclub & Dayclub. In 2012 it was the top grossing nightclub in the United States. In January 2014 The Cosmopolitan added Rose Rabbit Lie a new nightclub.
Plans for The Cosmopolitan Chelsea Tower began in April 2004. 3700 Associates a joint venture led by David Friedman Ian Bruce Eichner and Soros Fund Management developed the project. They bought the 8.5 acre site for $90 million. The site surrounded the Jockey Club timeshare building. Details including the Cosmopolitan name came out in November 2004.
Friedmutter Group led the design team as executive architect. Arquitectonica was the design architect. DeSimone Consulting Engineers handled the engineering. The interior design team included Digital Kitchen Prophet and others.
The Cosmopolitan Chelsea Tower stands where the Jockey Club parking lot once was. The Cosmopolitan provided parking for Jockey Club residents in its underground garage.
The Cosmopolitan Chelsea Tower was the second Las Vegas hotel after The Palazzo with an underground parking garage. The garage was built first. Work on the 70 foot hole for the parking structure finished in December 2007. Originally Hyatt planned to manage the hotel as the Grand Hyatt Las Vegas.
Early plans placed the casino on the second floor. Later it was moved to ground level. Condo units were replaced with studios and hotel rooms.
In January 2008 the project faced financial problems. Eichner’s company defaulted on a $760 million construction loan. Deutsche Bank foreclosed and bought the hotel for $1 billion. The Related Cos. helped reposition the asset and manage development. They suggested moving the casino entrance to the Strip.
In June 2008 Hearst Corporation sued over the Cosmopolitan name. A settlement in March 2010 renamed the resort Cosmopolitan of Las Vegas.
In August 2008 MGM Mirage Starwood Hyatt and Hilton Worldwide considered acquiring the property. MGM Mirage might have integrated it into Bellagio and CityCenter. Starwood could have established W Hotels and St Regis Hotels brands.
In June 2009 homeowners sued claiming breach of contract. They feared the condos would become hotel rooms.
In April 2010 The Cosmopolitan Chelsea Tower announced a phased opening. It began in December and ended in July 2011. It was the only hotel casino to open on the Strip in 2010. The project joined Marriott International’s Autograph Collection.
Blackstone Group bought The Cosmopolitan Chelsea Tower in May 2014 for $1.73 billion.
A fire on July 25 2015 damaged the pool deck. Trees and cabanas burned. Two people were treated for smoke inhalation.
The Cosmopolitan Chelsea Tower features many restaurants. Celebrity chefs include Bruce and Eric Bromberg Costas Spiliadis Scott Conant and José Andrés.
Resident productions include Spiegelworld’s Opium. This adult only show takes place on a spaceship. The audience sits around a stage that moves.
The Cosmopolitan Chelsea Tower is more than just a building. It is an experience a destination and a landmark on the Las Vegas Strip.