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The 65,000 square-foot space was originally conceived as a theater, but sat empty while the rest of the casino sprung to life. Unwin said he has been trying to get the project off the ground since 2009. The Cosmopolitan's existing venue, the Chelsea Ballroom, where Jay-Z and Coldplay played the New Year's Eve concert that marked the casino's opening, will be renamed. Unwin said that Deutsche Bank's willingness to invest in the glass factory theater demonstrates commitment to what has been an expensive project. "It's encouraging because they continue to invest money in delivering a better return," he said. Asked about the project's price tag, Cosmopolitan spokeswoman Amy Rossetti said the company does not disclose capital costs. Construction is expected to begin in March. And because this is Las Vegas, designers already have demarcated a VIP seating area and lounge.
[Associated
Press;
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