Wednesday, June 18, 2008 | 4:15 p.m.
MGM MIRAGE Hospitality, a subsidiary of MGM MIRAGE, along with its joint venture partner Diaoyutai State Guesthouse announced in a press release today that they have made agreements with Sinosteel International Plaza Co., Ltd. to provide developmental and management services for "Sinosteel International Plaza," a major mixed use project in Tianjin, China.
The company will develop and operate a 350 key luxury hotel that will be called "MGM Grand Tianjin," a 50 suite "Skylofts at MGM Grand," and 60 luxury MGM Grand condominium residences. There will also be spa, restaurant and auxiliary facilities.
Groundbreaking for the first phase of the two-phase project is expected later this month.
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