CityCenter Releases Last of Luxury Residences

Limited Number of Upscale Condominiums Now Available for Purchase at The
Harmon Hotel, Spa & Residences

LAS VEGAS, Jan. 15 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM) today
released the last of CityCenter's exclusive residential offerings with the
sales launch of The Harmon Hotel, Spa & Residences. Recently accepted as a
distinguished member of The Leading Hotels of the World, The Harmon will be
one of the most luxurious, high-quality boutique hotels across the globe with
approximately 207 elite condominiums and an exceptional array of amenities.
Interested buyers can make appointments to preview The Harmon Residences at
CityCenter's Residential Sales Pavilion by calling 702.590.5999 or
866.708.7111, or visit www.citycenter.com for more information.
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"The release of The Harmon for purchase marks a significant milestone as
it represents the final opportunity for prospective residents to own a piece
of CityCenter. We are confident that sales for The Harmon will exceed
expectations, and with only 207 residences available, we believe the demand
will be extraordinary," said Tony Dennis, executive vice president for
CityCenter's Residential Division. "Through its remarkable architecture,
elite amenities, unmatched service and forward-thinking environmental
initiatives, CityCenter is quickly becoming recognized as one of the world's
most desirable residential communities."
Designed by the internationally renowned firm Foster + Partners and
operated by The Light Group, The Harmon's dynamic curving 47-story facade will
provide residents with sweeping views of the world's most dynamic boulevard
when it opens in late 2009. With 400 hotel rooms and suites, and
approximately 207 luxury condominiums, The Harmon will be a cocoon of comfort
for stealthy chic insiders, those who are intimate with the good life, yet
know better than to flaunt it. Luxury residences will range from nearly 1,000
to 3,700 square feet and be available as one- and two-bedroom flats and
penthouses.
Andrew Sasson, founder and principal partner of The Light Group said, "The
Harmon will be sophisticated and absolutely original. It will define
exclusive living on The Strip by offering a unique and highly stylish urban
concept, supreme service and amenities, and the very best location for those
seeking to shun the limelight in exchange for a secluded oasis."
The Harmon's modern, reflective exterior will give way to a world of
indefinable sophistication that delivers the precise mix of privacy and
profile to make it a classified, unambiguously stylized haven. Residents will
have full access to all hotel amenities including the newest creation of
international cultural icon Michael Chow with his first and only MR CHOW
restaurant in Las Vegas, a stunning hair salon by world-renowned hair stylist
Frederic Fekkai, a private lobby lounge for residents, other dining offerings,
the most elite retail offerings in Las Vegas, a luxurious spa (with in-room
services available), pool deck, valet parking and much more. The hotel's pool
deck will be perched 100 feet above The Strip providing full views of the
world's most dynamic boulevard below.
Residents will be cared for by a professional staff of experts whose
primary goal is to remain one step ahead of the needs and desires of a
discerning clientele. This superior commitment to service recently earned the
boutique-style property a place among the world's finest hotels and resorts as
a member of The Leading Hotels of the World. To be selected for the coveted
membership, The Harmon passed a meticulous inspection covering 1,500 separate
criteria that define first-class service as a norm rather than an exception.
In 2006 alone, more than 600 hotels applied for membership in The Leading
Hotels of the World and a mere 42 were accepted.
The Harmon, in line with Sasson's other enterprises, also will be
committed to the core values of green design and responsible living. "The
Harmon will define a new era of sustainable luxury," said Sasson. "It was
designed to be an amalgamation of every great lifestyle experience in the
world; only better."
A design collaboration between MGM MIRAGE and eight internationally
renowned architects, CityCenter will feature a soaring 61-story, 4,000-room
hotel/casino; two 400-room, non-gaming hotels; a 500,000-square-foot retail
and entertainment district; and approximately 2,650 luxury residences.
World-class architects and designers have joined to create this unrivaled
urban residential experience -- a destination that has it all: high style,
impeccable design and a fast-paced life. CityCenter will be the address where
people live, work and play.
THE CITYCENTER COMMUNITY
Residents and guests to CityCenter will enjoy the urban community's gaming
resort and retail district. Designed by Pelli Clarke Pelli, CityCenter's
iconic resort-casino will become the focal point of the Las Vegas skyline. In
the resort's dramatic entertainment venue, Cirque du Soleil will introduce a
new production celebrating the legacy of Elvis Presley. At the heart of
CityCenter, its retail and entertainment district will feature high-end
retailers, fashionable clubs, gourmet restaurants, galleries and more under a
crystalline canopy of unprecedented brilliance designed by Studio Daniel
Libeskind as consultant to AAI Architects, Inc. For the interior
architecture, David Rockwell and Rockwell Group will create an experiential
environment to complement the overall city scene.
Charting a new course for responsible growth in Las Vegas, MGM MIRAGE is
pursuing the U.S. Green Building Council's Leadership In Energy and
Environmental Design (LEED) certification at CityCenter. The 18-million-
square foot, multi-use project will incorporate a variety of elements -- from
the use of reclaimed water to on-site power generation -- to make it one of
the world's largest environmentally sustainable urban communities.
About The Light Group
The Light Group is one of the nation's leading nightlife, restaurant,
hospitality and lifestyle development organizations. Founded by Andrew Sasson
and his partner, Andy Masi, The Light Group's properties include The Bank
Nightclub, FIX Restaurant & Bar and Caramel Bar & Lounge at Bellagio; JET
Nightclub, STACK Restaurant & Bar and Bare Pool Lounge at The Mirage; Mist at
Treasure Island, and Diablo's Cantina, a south-of-the-border eatery located at
Monte Carlo. As operators of The Harmon Hotel, Spa & Residences (a high-end
boutique hotel under construction at CityCenter), The Light Group is the first
lifestyle company to fully embrace green practices setting the bar for
responsible building, design and living. Coming this year, The Light Group
will open Brand, a fine dining steak house at Monte Carlo and an
ultra-contemporary Japanese restaurant at Bellagio. For additional
information, please visit www.lightgroup.com.
SOURCE MGM MIRAGE

Jim Havey of Lisa Long Adler Communications, +1-615-251-8802, jim@llac.com; or
Natalie Mounier of Kirvin Doak Communications, +1-702-737-3100,
nmounier@kirvindoak.com, both for MGM MIRAGE