More than 16 years after the New Frontier was toppled, the Strip property hasn’t seen a new project take shape.
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 Clark County Building Department issued a demolition permit last week for the domed, Roman-themed structure.
Brett Torino and Paul Kanavos have already teamed up to build retail projects in the heart of the casino corridor.
Dream Las Vegas is estimated to cost around $550 million and slated to open in late 2024.
It was the latest high-priced deal in Las Vegas that did not produce transfer tax revenue that supports schools and low-income housing in Nevada.
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.
Fontainebleau hotel-casino developer Jeffrey Soffer is back at the helm, moving forward on the journey to complete the north Strip skyscraper.