Word: landed
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...Harmon boutique hotel, a victim of construction defects, won't be finished until the end of 2010. But the opening of Aria is a significant achievement, signifying the end of an era in Vegas. The days of visionary auteurs bringing extravagant casino dreams to eager banks are over. Land is too expensive if you don't already own it. Banks are reticent to lend to developers who lack land equity and plenty of cold hard cash. MGM Mirage owns a larger parcel than CityCenter a few miles north of it on the Strip. It's unlikely the company will attempt...
...soil and eventually seeped into the water supply. Thirty years later, the rare visitor to the former U.S. air base is provided with rubber boots and protective clothing. Residue from Agent Orange, which was sprayed to deny enemy troops jungle cover, remains so toxic that this patch of land is considered one of the most contaminated pieces of real estate in the country. A recent study indicates that even three decades after the war ended, the cancer-causing dioxins are at levels 300 to 400 times higher than what is deemed to be safe...
...rapid transformation. Old neighborhoods are torn down and rebuilt with remarkable speed. And while some homeowners come away with substantial compensation and improved accommodations when their former residences are demolished, complaints of underpayment or outright corruption are frequent. Official investigations have uncovered more than 1 million incidents of illegal land takeovers in the first half of this decade...
...have been enacted since 2001. Because of clashing interests, property rights have yet to be fully recognized in the demolition and relocation rules, Wang says. "Rapid urbanization across the country pumps up the demand for property, and therefore has made it harder to pass a bill that might thwart land acquisition," he says. "This boils down to the inevitable clash between urbanization - in which local governments and some real estate developers are often the biggest beneficiaries - and the protection of private property...
...threat of a potential Iranian ICBM had been slower to develop than previously estimated," Ellen Tauscher, the State Department's arms-control chief, told Congress. Some intelligence estimates say an Iranian ICBM might not happen until 2020. That assessment prompted the President, with Pentagon support, to scrap a land-based interceptor system based in Poland and the Czech Republic and instead to deploy ships capable of shooting down the short- and mid-range Iranian missiles that U.S. intelligence believes pose a more imminent threat - like the sort of missile test-fired by Iran this week. (Watch TIME's video "Ahmadinejad...