Las Vegas’ long-delayed north Strip resort has seen owners come, go and, in one case, return.
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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.”
A tribal nation that acquired most of the Route 91 site is buying the former White Sands Motel for more than $10 million.
Ex-NBA player Jackie Robinson narrowly kept his long-delayed arena and hotel project plans alive this week, overcoming skepticism of his financing plans.
The hotel-casino’s shopping district will span 90,000 square feet and feature around 35 “luxury retail concepts.”
Dream Las Vegas is estimated to cost around $550 million and slated to open in late 2024.
F1 owner Liberty Media purchased nearly 40 acres for a 50-lap Grand Prix in Las Vegas next year.
Nigro Development is scheduled to hold a ribbon-cutting ceremony Tuesday for a 119-room TownePlace Suites.
The north Strip skyscraper’s history is marked by bankruptcy proceedings, halted construction, different sets of owners, and national economic meltdowns.