Re: IP gets a reprieve
I, too, am waiting to hear what Clark has to say.
I understand that the TR program was highly valued in the Harrahs deal, almost as much as the land value. With everything on the Strip heading off into the ionosphere--as opposed to the Stratosphere--the Harrahs mid-priced properties must be really profitable and have the market sewn up, in case of a business downturn with regard to the luxury houses going up. I wonder how long it will be before we hear of a redevelopment plan, if any?
IP sits right in the middle of the drainage system. When it rains heavily, the water runs right down the driveway. Maybe this is why IP is thought of as the bottom of the barrel.
I love the IP. It gives me the opportunity to run over lots of tourists getting into the front.
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