The board told Lanni and Murren to bring Bobby Baldwin in on the project.
During a lunch break he told Murren to set up an easel with the drawing for CityCenter.
Board members wandered over to ask about the plan, and soon Murren found himself making an impromptu pitch.
That got Murren thinking that maybe there was a way to apply the mixed-use idea in Las Vegas.
Just before Christmas he talked to Kirk Kerkorian, who encouraged Murren to think about the next big thing.
Kerkorian stepped down as a director in June 2011, leaving it fully in the hands of CEO Jim Murren.
FORBES: MGM: 95-Year-Old Billionaire Casino Magnate Kerkorian May Increase Stake
Working with MGM's head of design, Murren came up with a rough sketch of how a city could fit on the land.
James Murren, MGM's chief financial officer, decided MGM should partner with Soffer to build condominiums at the mothballed 18-acre amusement park at the MGM Grand hotel.
In late 2000 Murren went to the board with the idea of building condos that residents could lend back to the hotel when not in use.
In May 2003 Murren went to the annual shopping center trade show, in Las Vegas of all places, to chat with developers about what was going on around the country.
The directors were uncomfortable with giving up a part of the MGM Grand property, even if the company was still managing it, and sent Murren back to do more homework on real estate economics.
Thank you so much to Jim Murren.
WHITEHOUSE: President Obama Addresses Business and Tourism Leaders
应用推荐