The rumors have started again about the future of the planned $3 billion high rise condo/hotel being backed by among others actor George Clooney. Clooney reportedly invested $10 million of his own money in Las Ramblas. But according to the Review-Journal, the sales office for Las Ramblas is no longer taking reservations, and the paper goes on to note:

"Two sources in the high-rise condo industry said the 25 acre site...is under contract to be purchased by Edge Resorts Group, a partner in the W. Hotel being developed next to Las Ramblas."

But a spokesperson for Las Ramblas (woken up by the Buffet this morning, sorry) says that the sales office, in fact, is still selling condos and denies the R-J report. Since, the cheapest unit is around $500,000 I will not be bothering to go to the sales office on Convention Center Drive to find out the answer myself.