It would be the most expensive development project in India, and a third of the bill would be paid by Japanese public and private money.
But it is located just across West 62nd Street from one of the most expensive new developments of the last decade, 15 Central Park West.
A preliminary tabulation of sales completed in May shows that median and average apartment prices edged up slightly, to a record level, nearly $1.54 million (excluding recent closings at two of the most expensive new developments ever, at 15 Central Park West and at the Plaza Hotel).
The projects included the William Beaver House, a luxury condominium high-rise going up at William and Beaver Streets in the financial district; 15 Central Park West, one of the most expensive new condominium developments in the city; and a large new housing complex on West 52nd Street called Archstone Clinton.
Other versions of this are more luxurious, such as Dinner, where Heston Blumenthal provides typically quirky English food as part of the attractions of One Hyde Park, the most expensive housing development on Earth.
But no project more overtly articulates the Strip's response to the comeback of the American city than MGM's CityCenter, which opened in 2009 at a cost of nearly $10bn, the most expensive private development in the country.
"As one of the most expensive offshore basins globally, with development costs per barrel having increased five times over in the last 10 years, this report couldn't have come at a more crucial time for the sector and we believe its guidance will prove invaluable in setting the skills agenda for the sector".
While the prince, whose outspoken views against modern architecture are well-known, will not be called to the stand, his presence is expected to loom large in the proceedings as letters and other documents reveal his influence over development at one of the most expensive pieces of real estate in the UK.
With an expected construction cost of $5 billion, CityCenter will be the most expensive private development ever in the U.S., more than the cost of the Time Warner Center in New York, the Millennium Dome in London and Disney Concert Hall in Los Angeles, combined.
The "three variants of the F-35 Joint Strike Fighter, the most expensive weapon development program, are expected to reach initial operational capability by February 2019, according to a joint service report submitted to Congress today [May 31 , 2013]
