Las Vegas’ $8.5-billion CityCenter development—the country’s largest privately backed project—may soon have the country’s largest mechanic’s lien.
Tutor Perini Corp., Sylmar, Calif., recently notified co-developers MGM Mirage Inc., Las Vegas, and Infinity World Development Corp. that it planned to file a $492-million mechanic’s lien on the seven-building, 18-million-sq-ft complex of hotels, homes and entertainment space. The news was disclosed in a Mar. 12 MGM Mirage (NYSE: MGM) Securities and Exchange Commission filing.