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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A Dec. 13 opening will mark new chapter for the north Strip hotel-casino, whose saga of construction began in 2005 and saw years of delays.
The Fontainebleau project in Las Vegas has a long history marked by bankruptcy proceedings, halted construction, different sets of owners, name changes, and national economic meltdowns.
Las Vegas’ long-delayed north Strip resort has seen owners come, go and, in one case, return.
The Three Affiliated Tribes acquired 23 acres along Las Vegas Boulevard, but some tribal citizens believe money could be better spent on the reservation.
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.
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.
Clark County cleared the way for a guitar-shaped hotel tower to be developed at The Mirage, a project that would spell the end of the resort’s iconic volcano attraction.
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.
Brett Torino and Paul Kanavos have already teamed up to build retail projects in the heart of the casino corridor.
Hard Rock International is looking to build a 600-room high-rise along Las Vegas Boulevard.
Vici Properties, the biggest property owner on the Strip, generated $2.6 billion of revenue last year, up 72 percent from 2021.
MGM Resorts International announced that its nearly $1.1 billion cash sale of The Mirage’s operations to Hard Rock International is complete
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