The towering north Strip resort is set to open this year, following prior stops and starts.
Casinos & Gaming
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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.
The locals-focused casino chain has outlined plans to develop more projects and sell some properties.
Las Vegas has a long history of blowing up buildings to clear space for new ones. And now, a pipeline of big demolitions is set to remake parts of the Strip and other pockets of Southern Nevada.
According to Las Vegas city records last year, the one-story project will span more than 21,000 square feet and sit on a 5-acre plot of land.
Over the past year or so, Las Vegas has seen a rising tally of sales and construction plans involving vacant land, retail properties and hotels on or near its famed casino corridor.
Major projects do get built in America’s gambling capital, and there are always people willing to spend time and money outside the casino floors.
The proposal marks yet another new venture for Water Street, a once-sleepy corridor that city officials have long sought to revitalize.
After unveiling a lucrative deal to sell its Boston-area casino and rent it back, Wynn Resorts’ boss put the kibosh on doing the same in Las Vegas during an earnings call this week.
A contractor named Morry Mason linked the swanky Miami Beach hotel to America’s gambling capital.
Just over four years after Wynn Resorts announced it was acquiring land next to Fashion Show mall, it still hasn’t confirmed what it will do with that site.
Southern Nevada spent the past year grappling with the pandemic but also saw a burst of lucrative casino deals.
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