The towering north Strip resort is set to open this year, following prior stops and starts.
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Las Vegas’ famed casino corridor is a highly lucrative and competitive tourism market, where massive resorts offer extensive and ever-changing menus of amenities.
One side of the street has massive resorts, but the other side has low-slung motel buildings, a boarded-up tavern and a never-finished Ferris wheel project.
The north Strip isn’t overrun with tourists, and it still has big pieces of land. But the area has gained momentum.
Brett Torino and Paul Kanavos have already teamed up to build retail projects in the heart of the casino corridor.
Ten years ago, Genting Group bought the Resorts World Las Vegas site at a bargain price.
Dreamscape Companies recently announced that it raised $850 million in capital and is launching a real estate investment trust.
Some casino operators touted the benefits of owning their properties or stated they aren’t looking to sell them and rent them back.
Las Vegas has some of the world’s biggest hotels, and resort operators and other businesses regularly roll out new ways to capture tourists’ attention and dollars.
A state Senate bill seeks to raise the transfer tax to fund assistance for “very low income housing,” supportive housing and supportive services.