>CityCenter sees year of ups, downs

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It’s the largest private development ever built in the United States, and a year after its opening, CityCenter still holds an outsized sway over the Las Vegas hospitality market.
It has been an adventure: From opening a passel of boutiques and earning more than 20 industry awards to scrapping an unfinished tower and writing down the property’s value, CityCenter, which turns 1 on Thursday, has provided its share of ups and downs for local gaming observers to follow. Both its successes and its stumbles offer important lessons and indicators as the city prepares to welcome yet another megaresort in The Cosmopolitan of Las Vegas, which is scheduled to open Wednesday.

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