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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The White Sands Motel, built in the 1950s during Las Vegas’ mafia days, is a run-down property across from the Luxor that many people likely don’t even realize is there.
Las Vegas’ famed casino corridor is a highly lucrative and competitive tourism market, where massive resorts offer extensive and ever-changing menus of amenities.
The Howard Hughes Corp., developer of Las Vegas’ largest master-planned community, named Frank Stephan as its Nevada regional president.
The City Council gave the green light to sell almost 6 acres in Symphony Park to a developer who plans to build a mixed-use project with residential and commercial space.
Vici Properties reached a deal to purchase financial giant Blackstone’s 49.9 percent stake in the properties, which are leased to casino giant MGM Resorts International.
Construction is underway on the 15,274-square-foot Museum of Illusions, which is scheduled to open in early spring 2023.
Nevada HAND receives 2,000 calls a day from people seeking affordable housing and only has a “handful” of vacancies in its 4,700-unit portfolio, the president and CEO said.
Dream Las Vegas is estimated to cost around $550 million and slated to open in late 2024.
The buyer, British businessman Simon Dolan, made headlines for challenging the U.K. government in court over the country’s pandemic lockdowns.