(For more retail coverage, click GlobeSt.com/RETAIL and to read more on themultifamily market, click here.)

LAS VEGAS-Boyd Gaming Corp. is not looking at downsizing its5,300-unit Eschelon Place project as one gaming analyst suggestedlast week, a company source tells GlobeSt.com. "We're still veryconfident of what we said in January," says the source. "We're notexpecting the scope to change materially; I can't speak to thebudget until we are done getting through the design phase; it's notgoing to be less."

JP Morgan gaming analyst Harry Curtis said with confidencelastMonday that Boyd is evaluating changes that would either reducethe cost or scope of its $4-billion replacement for the StardustCasino on the Las Vegas Strip. "Depending on the magnitude, areduction in cost/scope would be positive for the shares because itwould reduce concerns about returns…[and] improve negativesentiment/supply concerns for Las Vegas as a whole since Echelonaccounts for a significant portion of the capacity entering themarket by 2010," wrote Curtis in a memo to investors thatreiterated JP Morgan's "Neutral" rating on the company'sshares.