The Signature at MGM Grand

The Signature at MGM Grand
Alternative names	The Residences The Residences at MGM Grand The Residences: A Condo Hotel by Turnberry
General information
Status	Operating
Type	Hotel
Location	Paradise, Nevada
Address	145 East Harmon Avenue
Coordinates	36°06′24″N 115°10′00″W
Groundbreaking	2004
Construction started	2004
Opening	May 12, 2006
Owner	MGM Resorts International Turnberry Associates
Management	MGM Grand
Technical details
Floor count	38
Other information
Number of rooms	1,728
Parking	400
Website
signaturemgmgrand.com

The Signature at MGM Grand is a condo-hotel at the MGM Grand Las Vegas resort, in Paradise.

It was built by a partnership between MGM Mirage and Turnberry Associates on the location of the former MGM Grand Adventures Theme Park, though it officially holds an off-strip address of 145 East Harmon Avenue. It features three identical 38-story towers, each consisting of 576 fully furnished units.

Most of the condo units were to be privately owned. If a unit owner chooses, he or she may join the “rental program”, placing their units into the hotel's room inventory to be offered as luxury suites by The Signature when they are not occupied by the owner. The owner, minus fees for hotel maintenance, marketing, and upkeep, receives a split of the rental rate of the owner's unit.

545 condo owners brought a fraud lawsuit alleging the Chapter 11 bankruptcy petition by the developers of The Signature Towers at MGM is just a ploy to delay discovery in the case.

History

On December 20, 2003, MGM Resorts International and Turnberry Associates announced the formation of a partnership to build the luxury condo hotel, stating that they would build up to six towers each rising up to 40 stories. The first phase of this project involved the sales of condo units to individuals and investors. During this phase, the project was referred to as The Residences, The Residences at MGM Grand and/or The Residences: A Condo Hotel by Turnberry. The first tower sold out within 90 days, proving that the concept was well received. The second tower was already 50% sold by the time construction began in late 2004.

In October 2004, The Residences celebrated its ground-breaking, making it the first high-rise condo-hotel project overlooking the strip to begin construction. Other ventures of this type have begun since in Las Vegas, with many of them failing to obtain necessary financing and/or support. On May 12, 2006, the first tower opened for occupancy. The successful opening of The Signature at MGM Grand appears to be aided by its connection to the resources and amenities of The MGM Grand Hotel & Casino.

Amenities

Each tower has a private pool with a hot tub. Tower 1 has a cocktail lounge. Towers 1 and 3 have a workout room for the guests of all three towers. Starbucks is available at Tower 1. Signature guests have full access to all MGM Grand amenities as well.

Access To The MGM Casino

The Signature is connected to the main MGM Grand Casino via several moving walkways that traverse through two of the 3 towers (Tower 1 & 2). Tower 3 is accessible via a hallway between tower 2 and 3. Time to the main casino to the furthest tower (Tower 3) is about 8 minutes for the average walker.

Parking

There is no self parking on the Signature property, all parking is by valet (free.) Each tower has valet parking on the ground level.

Gallery

• 
  Harmon Ave East
• 
  The Signature at MGM Grand, Las Vegas
• 
  File:The Signature at MGM Grand Tower

External links

• The Signature at MGM Grand official site