The Cosmopolitan moves up.

The high-rise project originally broke ground a year ago by starting to excavate down for a four-level parking garage. Now it's heading up out of the pit. The location at the corner of the Strip and Harmon is ideal, especially when later on everything else at the area gets finished. Planet Hollywood across the street is being reconfigured and Project CityCenter next door is under way.

The Cosmopolitan will include two towers with a total of 2,000 condominium units, 90% of which are sold. In addition it features a 1,000-room hotel, a large casino, plenty of convention space, a spa and the usual mix of restaurants and shops. It's projected to open in early 2009.