MGM Mirage has announced plans to develop a US$3bn mega-resort in Abu Dhabi.
The US casino giant has teamed up with Mubadala Development Company, an Abu Dhabi government-owned investment firm, to create a huge mixed-use development that will serve as an iconic gateway to the UAE capital.
The MGM Grand Abu Dhabi will be strategically located at a prominent downtown waterfront site on Abu Dhabi Island.
This initial phase will utilise 50 acres and consist of an MGM Grand hotel and two additional MGM branded luxury hotels each appealing to a distinct market segment.
Later stages of development will see the construction of a major entertainment facility, high-end retail shops and world-class dining and convention facilities.
The MGM Grand Abu Dhabi is anticipated to open in 2012.
