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CityCenterDC, colloquially called CityCenter, is a mixed-use development consisting of two condominium buildings, two rental apartment buildings, two office buildings, a luxury hotel, and public park in downtown Washington, D.C. [1] It encompasses 2,000,000 square feet (190,000 m 2) and covers more than five city blocks. [2]
CityCenter would include condo hotel units, giving owners the option to rent them out. Murren believed that the project's residential element would appeal to baby boomers . [ 1 ] Gaming analysts expressed skepticism about the success of CityCenter's condominiums, citing the large number of residential units already planned for the Strip. [ 171 ]
City Center, formerly known as CentrePointe, [1] is a residential, commercial, and retail building in downtown Lexington, Kentucky that opened in 2020. [2] The plan consists of a 12-story office tower incorporating premium luxury condominiums in its top three floors, two hotels, retail spaces and an underground parking garage.
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A condo hotel, also known as a condotel, hotel condo, or a contel, is a building that is legally a condominium but operated as a hotel, offering short-term rentals, and which maintains a front desk. Condo hotels are typically high-rise buildings developed and operated as luxury hotels, usually in major cities and resorts. [ 1 ]
A condominium (or condo for short) is an ownership regime in which a building (or group of buildings) is divided into multiple units that are either each separately owned, or owned in common with exclusive rights of occupation by individual owners.