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In 2013, the hotel was rated “The Best Hotel in the World” by Gogobot. In 2015, the resort was named to the Condé Nast Traveller Gold List as one of the “Top Hotels in the World”. Dayclub, cosmopolitan las vegas opening date was the top grossing nightclub in the United States in 2012. In January 2014, the Cosmopolitan added a new nightclub concept, Rose.

Plans for the property were first announced in April 2004. The Cosmopolitan’s design team was led by Friedmutter Group as executive architect, with Arquitectonica as the design architect for the building’s themed exterior. The resort was built on what used to be the parking lot for the Jockey Club. Because the Cosmopolitan occupies much of the parking lot, it was agreed that the Club residents could use part of the Cosmopolitan’s parking garage. The Cosmopolitan was the second Las Vegas hotel, after The Palazzo, to feature an underground parking garage underneath the hotel.

As a result, the parking garage was built first. Original plans called for the casino to be on the second floor, but this was later changed and the casino was built on ground level, like most other Las Vegas hotel-casinos. Planned condo units were cancelled and replaced with studios and other hotel rooms. 760 million construction loan from Deutsche Bank when the developer missed a payment after failing to secure refinancing for the project.

Construction moved forward as the developers searched for new financing. In June 2008, Hearst Corp filed a trademark suit against the owners of the casino. Hearst owns the trademark to Cosmopolitan magazine. In March 2010, the suit was settled, and the resort was renamed Cosmopolitan of Las Vegas.

Resorts Worldwide, Hyatt and Hilton were in talks to acquire the property. In June 2009, 400 homeowners filed a lawsuit against the developers, claiming breach of contract and seeking refunds for their deposits. They believed that the projected finish date of June 2010 was unrealistic and expressed fear that the developers might turn the condo rooms into hotel rooms only or “finish the building as a shell and not do any interior work. In April 2010, it was announced that the Cosmopolitan would open in stages, beginning in December and ending in July 2011. It was the only hotel-casino to open on the Strip in 2010. The project officially opened on December 15, 2010, and became part of Marriott International’s Autograph Collection, a collection of independent hotels with access to Marriott’s reservation and rewards system.