More than 16 years after the New Frontier was toppled, the Strip property hasn’t seen a new project take shape.
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Vici Properties generated $2.6 billion in revenue last year and said about 45 percent of the haul stemmed from its properties on Las Vegas Boulevard.
The new 12-story building at the Henderson casino-resort is slated to feature 375 rooms and about 15,000 square feet of additional ballroom space.
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.
A long-shuttered motel site on the Las Vegas Strip is getting a new owner: a North Dakota tribal nation that owns nearly 22 acres along the south edge of the famed resort corridor.
The developer said he owes approximately $25 million to $30 million for work on the resort, and that construction “will restart once the terms of the financing are finalized.”
The Clark County Building Department issued a demolition permit last week for the domed, Roman-themed structure.
Penn Entertainment’s application to city officials also includes a convention center and a theater for the west Henderson resort.
Hard Rock International is looking to build a 600-room high-rise along Las Vegas Boulevard.
The casino operator’s logo is now at the top of a new 10-story suburban office building just south of Las Vegas Ballpark.