Friday, June 24, 2011

Las Vegas: Bubble Monuments

by Bill McBride on 6/24/2011 09:39:00 PM

Steve Kanigher at the Las Vegas Sun presents several photos of bubble monuments in Nevada: Abandoned projects leave lasting reminder of economic crash

"It wasn’t long ago that hotels, high-rise condominiums and massive retail and office complexes sprang up in Southern Nevada seemingly faster than one could drive from one end of the valley to the other. Take that same drive today, though, and you’ll likely see vestiges of the Great Recession: partially built structures with exposed foundations or steel beams ..."
Check out the photos ...

It sure seemed like projects with names like "Manhattan West" (see the 4th slide) or "Central Park West" were doomed.