The project was built on land previously used by the MGM Grand Adventures Theme Park.

Starting in 2007, hundreds of buyers filed suit against the property, alleging misleading sales pitches and income that was lower than expected.

On December 5, 2002, MGM Mirage announced that it had partnered with Turnberry Associates to build a condominium and hotel complex on the property, following the closure of the theme park earlier that year.

The project was part of an ongoing trend to build luxury condominiums in Las Vegas.

[15] The Signature was built with its own entrance, and it had a staff of bellhop, concierge and valet employees that was separate from the main resort.

[17] Eventually, the property also started offering cooking classes with hotel chefs, through 30-minute television programs.

In 2007, more than 40 buyers filed suit against the property with allegations of misleading sales pitches and income that was lower than expected.