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ScottG
Jun 19, 2006, 10:07 PM
May 28, 2006

John Katsilometes talks with longtime Klondike Hotel owner John Woodrum about the place closing on June 30

Thirty years ago the Welcome to Fabulous Las Vegas sign was out of juice - no power, and thus, no light emanated from the famous landmark welcoming visitors to the Strip. The sign had been dark for two or three years, at least, so John Woodrum did something about it.

"I ran a (power) line to the sign and fired it up," Woodrum said. "It started running then. But someone cut the line - the County Commission didn't like the line running from my place to the sign ¦ there was a big dispute about who would pay for the power to the sign and the meter had been turned off. So I said, 'I'll keep the sign lit and I'll pay the power bill.' "

The dispute has since been settled and the county pays to keep the sign lighted. But there's nothing like an old Vegas tale spun by an old Vegas guy, and Woodrum is one of those. So it is with a tinge of regret that we report Woodrum's Klondike Hotel on the east side of the Strip, just a 9-iron from the Welcome to Fabulous Las Vegas sign, will be shuttered on June 30. After running the 153-room hotel-casino since May 12, 1976, Woodrum has finally cashed out - and for a substantial profit. The buyer, Royal Palm Communities of Boca Raton, Fla., paid Woodrum $8 million per acre for his six-acre parcel ($48 million, according to my Casio).

Woodrum, who in 1975 split with Bill Boyd to start his own hotel, paid then-owner Ralph Engelstad $1.2 million for the Klondike. Woodrum said the establishment, already 15 years old in 1976, "was this old motel at the end of the Strip, condemned to be torn down. It's been a family-run operation ever since. Heck, when I came out here you could not see any light east or west of where we are now."

The new project to replace the Klondike, expected to cost $1 billion, will boast 1,200 hotel condominiums and an 80,000-90,000 square-foot casino. The McCarran International Airport height restriction on any project on the site is 25 stories; expect the new resort to touch that height, and construction could to begin in the first quarter of 2007.

Torn down will be the stately, crimson-painted Klondike. Gone will be the four $2 limit blackjack tables, two 10-cent roulette wheels, and the 24-hour restaurant that offers 99-cent breakfast specials (two hotcakes and one egg) around the clock. Between 70 and 80 employees will have to find new jobs.

"We'll take a lot of people out to Sunset," said Woodrum, whose family (principally, son Michael) owns the Klondike Sunset Casino on Sunset Road and Boulder Highway, which has not been sold. "A lot of people have been hanging on just because they didn't want to leave me in a lurch."

And when June 30 rolls around?

"It'll be a sad day for a lot of people," Woodrum said. "But there won't be any big fanfare. That's not us."
.....

Reverie
Jun 19, 2006, 11:05 PM
The Ivana site is now taking offers to buy the land and zoning rights. They have finally repainted over the Ivana logos on the sales center.

Still zoned for 923 feet as "the summit".

http://img233.imageshack.us/img233/6610/jj73ow.jpg (http://imageshack.us)

Cross your fingers, and hope someone buys it and builds it, probably Trump himself. I want this tower!

Come on Trump, be the king of the Strip once again, please? I know the 2nd Trump tower isn't even approved yet. (bet you didn't know that) Scrap making another golden tower and do the summit instead. Everything's approved, maybe make some minor chages to add your logo and whatever then away you go.

If you buy it I'll never make anymore jokes about your hair ever again, promise.

On the other hand, if someone buys it and builds a SHORTER tower... That would be an outrage!!

ScottG
Jun 19, 2006, 11:34 PM
http://www.vegastripping.com (great site):

Norm: Steve Wynn vs. Dragone - La Reve to be Overhauled
After a year of mixed or bad reviews, endless overhauls and tweaks, it looks like Steve Wynn has finally lost his patience with Franco Dragone's La Reve. Norm at the Review-Journal is reporting that Mr. Wynn has commandeered the faltering stage show and will be instituting major changes in the next 6 months... perhaps in an effort to move the show away from its Cirque du Soleil roots to something more fantasmic. VT isn't surprised by this, we took in this show in August of last year and were quite unimpressed if not straight up bored.

Here's an excerpt of Norm:



The status of "Le Reve" creator-producer Franco Dragone is in question. Sources say Dragone is "stepping back," with Steve Wynn taking control of the creative content of the aquatic production at Wynn Las Vegas. A Wynn front office executive, reached Saturday, said it would be inaccurate to say Dragone is "out," but declined further comment.

Wynn "wants lasers, pyrotechnics ... special effects as the emphasis of the show," according to an insider. All changes will take effect by Jan. 31, said one source.

...

Hints at Coming Harrahs Strip Redevelopment Announcement
Jeff Simpson at the LV Sun interviewed Harrah's CEO Gary Loveman about the coming redevelopment of the 'Harrah's Strip' - the stretch of Harrah's properties that dominate the center strip. We've bullet pointed some of the more interesting revelations, those interested in what the middle of the strip might look like in 5 years should definitely read this article.

- there will not be one giant megamegaresort, instead there will be sub-megaresorts under a Disneyland(ish) 'sense of place' defined by signage.

- the sense of place will also be defined by the Total Rewards card system and other modern technologies - think BlackBerries and cell phones (and hand held gaming devices?) This technology will be used to stay in close touch with guests during their visits. This electronic leash (our words not his) would closely interact with customers, perhaps letting Paris guests know that tickets are available to see Celine Dion at Caesars .

- Strip frontage near Flamingo Road in front of Caesars and Bally's is underutilized and will be repurposed.

- the Horseshoe brand is strong, and available.

- Caesars, Harrah's, Paris and the Flamingo will remain; Imperial Palace won't, and Bally's, with one of its towers less than satisfactory, is a question mark.

- Harrah's wants Barbary Coast and current owner Boyd knows he wants it. Options include purchase of the property, an asset trade, or even an outright purchase of Boyd.
...
Cirque Hitches its Future to Elvis at Project CityCenter
Numerous sources on the internet have broke the story about Cirque du Soleil's next big Vegas project - an Elvis show. Now, we love Elvis, but Cirque doing another show that borrows from another artists legend for its material is beginning to smell like opportunism and dried up creativity. Has Cirque du Soleil run aground with a lack of original ideas? We can only see when LOVE debuts in previews on June 2.

The Strip Podcast [podcast] [website] has an interview with Cirque's Creative Director who says that Cirques 6th Vegas show (Elvis) will debut at Project CityCenter.

...

Westward Ho Project Scrapped
Centex has quietly backed away from its "Westward Ho" joint-venture development project on the Las Vegas Strip, TheStreet.com has learned. Last fall, the homebuilder and a private real estate partner purchased the old Westward Ho casino site for $145.5 million, or $9.6 million an acre. The property is located between the Circus Circus casino and the Stardust Resort and Casino, which is being knocked down next year to pave the way for a new casino and resort development called Echelon Place, to be built by Boyd Gaming and Morgans Hotel.

The plan was to build a mixed-use project, possibly including a casino, a hotel and residential condos. But in late March, Centex sold its joint-venture interest in the project back to its partner, says C.J. Julin, vice president of marketing with Centex Destination Properties, the division of the homebuilder that specializes in second homes and resorts.

Julin says he could not disclose whether Centex made or lost money on the deal, but he did say, "We never lose money."

"Vegas is still an exciting place," Julin says, but adds that the company decided to abandon the project to instead focus on its Urban Village project, on the southern end of the Strip, and its development in Lake Las Vegas.

"For us, we have so many resources and we said, you know, we need to make sure that things that we have in the market today, we are successful with," he says.
...
All MGM Mirage Properties To Get Significant Upgrades
MGM Mirage announced late last month that all of their Las Vegas properties will undergo significant upgrades in the coming years. Here's a quick rundown of what's been done and will be done in the coming years:

Mandalay Bay
Upgrading pool and beach area with more cabanas, bars and deck space
Redesign Rumjungle and 3950 Restaurants
Replaced slots with Ticket system

LuXor
Replacing RA nightclub
Replaced slots with ticket system

Excalibur
Replaced slots with Ticket system
Replacing sports book/poker room with restaurant
Building new sports book/poker room

MGM Grand
Upgraded hotel wing
Added Skylofts - high roller suites
Added two Joel Robuchon restaurants
Redesigned poker room

Monte Carlo
Replaced slots with Ticket systems
Upgraded rooms

New York-New York
Gave Rita Rudner the boot to build a night club

Mirage
New Cirque du Soleil Beatles show
New restaurants, tweaked casino layout
Upgraded rooms

Bellagio
Opened Spa Tower

Circus-Circus
$10M budget for upgrades

...
HUGE columna bout encore....
http://www.ratevegas.com/blog/2006/06/encore_at_wynn_4.html

Reverie
Jun 19, 2006, 11:39 PM
Ok, an Elvis show at citycenter, well although it sounds cheesy, it would be an interesting blend of old vegas and new vegas. Why not have the king himself eh at the $7 billion resort...

Indeed, one of the biggest questions now is really what Harrah's intends to do. Evrything else by now we already know, citycenter, echelon, montreux, etc.. I hope they build something unique...


New agendas for clark county today :)

Dynasty Tower seems to still be alive.

Lifestyle Las Vegas is getting permission for a sales center - good since it's a nice tower.

A bunch of other towers as well, including a cluster of them down near the Southern Highlands resort. That's gonna be a skyline in itself.

Some citycenter updates as well.

http://dsnet.co.clark.nv.us/dsnetapps/AgendaWeb/nofa.aspx

BruceH
Jun 20, 2006, 4:52 AM
The Stratosphere Camera is broken, It is stuck on that view, thats not the World View Site, Thats A construction site near Circus Circus. There used to be a Downtown Camera but it dissapeared.

I'm making a new banner for the front page, since Las Ramblas was cancelled. What projects would you guys like to see on the banner

current banner
http://img458.imageshack.us/img458/7532/ghj8zj.jpg

How about Sky since it's really being built? It just completed the final floor this week.

ScottG
Jun 20, 2006, 7:56 PM
More Montreux Details
The chief architect behind the Frontier. replacement Montreux gave a virtual tour of the planned resort to media types and it looks like despite the fact that it is named after a famous town in Switzerland, this will not be another theme resort. Instead Montreux will be yet another “upscale” hotel with the kind of sleek, contemporary look found in posh Hollywood or Manhattan hot spots.
The hotel will feature 2,750 rooms, a 100,000-square-foot casino, over half a million square feet of retail space, an events arena, a third-floor pool deck overlooking The Strip, and a branch of the super posh Golden Door spa. In a Vegas first, some of the rooms will connect directly to the spa so guests don’t have to schlep past rows of slot machines for their facials.

The front of the hotel facing The Strip will be lined with boutiques, restaurants, and clubs (some Jazz themed to honor the hotel’s namesake festival) while the southern edge of the property along Fashion Show Drive will get a Rodeo Drive strip of high-end stores facing the Fashion Show Mall.

Oh, and don’t forget that giant Ferris wheel sitting right out front of the whole thing. Rising over 450 feet over The Strip, the enclosed, air-conditioned cars will give Vegas visitors a terrific view of the surrounding neighborhood.

The whole thing is expected to cost about $2 billion when you add it all up. There is still no official closing date for The Frontier so therefore no opening date for Montreux but it is sounding like the former will close before the end of 2006 with an opening date for the latter in 2009 or 2010.
...

Wet ‘n Wild Tries for Vegas Return
Lots of people are still wondering why Wet ‘n Wild, the water park on the north end of The Strip near The Sahara, closed in 2004 only to sit there for the better part of two years moldering in the hot desert sun. The short version is that the water park lost its lease, with the land owner making typically Vegas grand pronouncements about a new water themed hotel that was to be built on the property.

That hotel never happened of course and most analysts doubt it ever will, so what are the chances of Wet ‘n Wild returning to Vegas? Not bad it turns out, but just not on The Strip.

According to a story in the Las Vegas Sun, the water park company is actively looking at a couple of Las Vegas area sites for an all-new place to make a splash although they wouldn’t divulge where they were located. I’m figure somewhere on the outskirts of town near a major freeway so don’t be surprised if you see a big water slide coming up out of the desert near Interstate 15 sometime in the future.

There is no formal timetable or even a formal plan at this point, but it should be of some comfort to fans of the park that they are actively trying to bring it back.
,...

^^^all from http://www.vegas4visitors.com/column/index.htm

..

ALSO - last week i saw on the commisioner channel that THE GREAT MALL OF LAS VEGAS is back!

remember a while back there were planns to build the west coast' largest mall in henderson? then it died out. well now its up in summerlin. and i saw the the site plan was being proposed. There are several buildings, all 3 stories. This place will be pretty large. look for more on this soon! they said it took 2 years to come up with the design - guess thats why its been quiet for a while - makes sense.

CHAPINM1
Jun 20, 2006, 8:12 PM
According to Emporis, Trump only invested $300,000,000 for Trump Las Vegas, compare that to $750,000,000 that was put into Trump Tower Chicago, no wonder he's cutting corners in Vegas with the floor plans... :haha:

BruceH
Jun 20, 2006, 10:11 PM
According to Emporis, Trump only invested $300,000,000 for Trump Las Vegas, compare that to $750,000,000 that was put into Trump Tower Chicago, no wonder he's cutting corners in Vegas with the floor plans... :haha:

So why is $300,000,000 compared to $750,000,000 relevant? We don't see the cutting of corners at Trump Las Vegas. In fact, he has already increased the level of quality for the interiors. Demand continues for any Trump product and his branding is strong globally. We have been selling one of his new projects in another country to clients all over the world - unfortunately we cannot publically mention yet what and where it is but the architecture is awesome.

BruceH
Jun 20, 2006, 10:16 PM
More Montreux Details
The chief architect behind the Frontier. replacement Montreux gave a virtual tour of the planned resort to media types and it looks like despite the fact that it is named after a famous town in Switzerland, this will not be another theme resort. Instead Montreux will be yet another “upscale” hotel with the kind of sleek, contemporary look found in posh Hollywood or Manhattan hot spots.
The hotel will feature 2,750 rooms, a 100,000-square-foot casino, over half a million square feet of retail space, an events arena, a third-floor pool deck overlooking The Strip, and a branch of the super posh Golden Door spa. In a Vegas first, some of the rooms will connect directly to the spa so guests don’t have to schlep past rows of slot machines for their facials.

The front of the hotel facing The Strip will be lined with boutiques, restaurants, and clubs (some Jazz themed to honor the hotel’s namesake festival) while the southern edge of the property along Fashion Show Drive will get a Rodeo Drive strip of high-end stores facing the Fashion Show Mall.

Oh, and don’t forget that giant Ferris wheel sitting right out front of the whole thing. Rising over 450 feet over The Strip, the enclosed, air-conditioned cars will give Vegas visitors a terrific view of the surrounding neighborhood.

The whole thing is expected to cost about $2 billion when you add it all up. There is still no official closing date for The Frontier so therefore no opening date for Montreux but it is sounding like the former will close before the end of 2006 with an opening date for the latter in 2009 or 2010.
...

Wet ‘n Wild Tries for Vegas Return
Lots of people are still wondering why Wet ‘n Wild, the water park on the north end of The Strip near The Sahara, closed in 2004 only to sit there for the better part of two years moldering in the hot desert sun. The short version is that the water park lost its lease, with the land owner making typically Vegas grand pronouncements about a new water themed hotel that was to be built on the property.

That hotel never happened of course and most analysts doubt it ever will, so what are the chances of Wet ‘n Wild returning to Vegas? Not bad it turns out, but just not on The Strip.

According to a story in the Las Vegas Sun, the water park company is actively looking at a couple of Las Vegas area sites for an all-new place to make a splash although they wouldn’t divulge where they were located. I’m figure somewhere on the outskirts of town near a major freeway so don’t be surprised if you see a big water slide coming up out of the desert near Interstate 15 sometime in the future.

There is no formal timetable or even a formal plan at this point, but it should be of some comfort to fans of the park that they are actively trying to bring it back.
,...

^^^all from http://www.vegas4visitors.com/column/index.htm

..

ALSO - last week i saw on the commisioner channel that THE GREAT MALL OF LAS VEGAS is back!

remember a while back there were planns to build the west coast' largest mall in henderson? then it died out. well now its up in summerlin. and i saw the the site plan was being proposed. There are several buildings, all 3 stories. This place will be pretty large. look for more on this soon! they said it took 2 years to come up with the design - guess thats why its been quiet for a while - makes sense.

Wish the Ferris wheel would go away - we already have Circus Circus!! It belongs on another property if the Montreux is truly as upper scale as described. So now you have Montreux next to a 5 star Trump hotel with a Ferris wheel - bring in the clowns - :jester: or at least charge $100 a ride on the Ferris wheel to bring it in line with the adjacent luxury properties.

illmatic774
Jun 20, 2006, 10:38 PM
To hell with Montreax, it looks like schitt

ScottG
Jun 21, 2006, 12:06 AM
im sure it will be redesigned ALOT more. and maybe the ferris wheel will be a great addition. The london eye in england is not a carney attraction. its a very upscale place for adults to picknic. have a romantic evening in the clouds over looking the city. and that design is just a hallow cart. the montruex design had bathrooms, is taller (i think) has lounge chairs. its basically a lounge, with 50 individual rooms, all revolving vertically. how is that not a great idea for vegas. one could have a bacholar party goin on, while someone is getting marrie din the next cart, while another cart is getting some riskay business goin on- its vegas. putting people in an enclose -private box for 30 minutes (thats how long it'll take to go around) you know it can get freakay- also each cart will have its own full service bar and air conditioning (of course)- you never know til its built- then if its a failure- you can point and laugh.

more articles (vegasTAT has great links!)

Desert Passage To Get Makeover
As the Aladdin gets converted to it’s new Planet Hollywood theme, many had been wondering what was going to happen to the similarly themed Desert Passage mall, which is owned by a different company. Now we know… say goodbye to the Arabian Nights and say hello to the Miracle Mile.
That’s the new name for the mall, which will receive a $50 million makeover to strip out the Middle Eastern detail and replace it with a swanky, upscale Madison Avenue style flavor.

The front entrance is already being torn apart to replace it with a Times Square style entrance with giant jumbo-tron style television screens and water features outside and three new outlets just inside: Urban Outfitters, a remodeled and expanded Sephora, and an outlet of the famed Los Angeles restaurant Trader Vic’s. The latter will get a two-level outdoor dining patio facing The Strip.

The exterior changes are expected to be done by the end of the year to coincide with the Planet Hollywood launch and interior changes will continue throughout 2007.

...
Frontier to be Imploded in December… Maybe
There was an interesting article on Forbes.com last week with the architect who is designing the replacement for The New Frontier. In it he stated, with a great deal of confidence, that the old hotel will be imploded in December to make way for construction of Montreaux, a 2,750-rooom resort with a Swiss village theme based upon the famous Jazz Festival town in Europe.
Here’s the problem with the story… nobody else seems to know that the hotel is going to be imploded in December. In fact, nobody that I spoke to could even confirm when, or even if, the hotel is going to close this year, something you figure would have to happen before they blow the place up.

Calls to the press department were not returned and conversations with other casino employees ranged from “Really? December?” to “No, I heard it wasn’t going to be until 2007.” One phone reservation agent put it quite succinctly by saying “We read about it in the papers just like everyone else.”

Regardless of when the hotel will be closed and torn down, it seems the replacement is fairly well set in stone. Montreaux will reportedly have a 100,000-square-foot casino, a mall that opens up onto the Strip, the typical restaurants and nightclubs (some with a jazz theme to honor the namesake), and the typical spa and pool areas associated with a resort of its size.

The centerpiece of the hotel will be the 465-foot-tall observation wheel out front, sort of a giant Ferris wheel on steroids, patterned after the London Eye next to the Thames.

According to the architect in the Forbes.com report it will cost just under $2 billion to build and will charge room rates of around $200 a night when it opens in early 2009.
...
Stratospheric Nightclub
Now that they have closed and dismantled the roller coaster high atop the Stratosphere Tower you may be wondering what kind of dangerous, heart pounding thrill they plan on putting in its place. Well, if they have their way it will come in the form of a packed dance floor.

Officials with the hotel are planning a 7,000-square foot club at the top of the tower that would include an outdoor, revolving observation deck and skyboxes with what would undoubtedly be the best nightclub views in the city.

This is the just the beginning of a bunch of new projects for the Stratosphere including a remodeled and perhaps expanded casino, more shopping, and even a new hotel tower at some point in the future.

...

The Next Wave of Strip Development
So now that most of the big parcels of land from Mandalay Bay to The Sahara have been spoken for, where is future development of The Strip going to go? It looks like south and west might be the direction as a major deal closed last week involving 63-acres of land on the west side of Interstate 15, directly across from Mandalay Bay. The players involved are heavy-hitters including the owner of the Desert Passage mall at Planet Hollywood, Starwood Resorts (Sheraton, Westin, etc.), and Edge Resort, developers of the upcoming W Hotel and Residences on Harmon Avenue. Nobody is getting specific about what they are planning to put on the land but with 63 acres you could develop a project that could rival the $7 billion Project CityCenter or $4 billion Echelon Place developments going in on The Strip, which will take up 66 and 63 acres respectively. The group says they are not going to rush into anything and will make their decisions when they are darned good and ready (I’m paraphrasing). The total value of the land deal? About $200 million. Yes, that works out to just over $3 million an acre.

And you thought land was expensive where you live.

return to the top

But Wait, There’s More
A little bit further south on Las Vegas Boulevard, near the Silverton Hotel and Las Vegas Outlet Center, is a 65-acre parcel of land that could one day house the largest, privately financed sports complex in the country. A Texas-based company says they have a deal in place to buy the land and will build an 80,000-seat stadium and a 25,000-seat arena for major sporting events.

The big, unanswered question is: what events? Several analysts were quick to point out that there is little, if any, chance that a major sports franchise will be associated with a Las Vegas facility due to skittishness over nearby gambling. Both the NCAA and NFL have resisted any attempt to bring big-time events to the city and other major and college-league sports have remained mum about the town as well.

Full details of the plan for the stadium and arena should be announced soon and may clear up some of the mystery but I’m taking a “believe it when I see it” approach on this one.
....

Golden Nugget Expansion To Break Ground in June
Construction on a fourth hotel tower at Downtown’s Grande Dame the Golden Nugget is expected to begin in June of this year, all part of a massive overhaul of the aging hotel by its new owners. Landry’s Restaurants bought the property last year and has been in the process of a $100 million facelift for months now that includes revising and upgrading the hotel’s dining facilities, remodeling rooms, updating the spa and theater, a new sports book and poker room, a new nightclub, and new décor in the lobby and other public spaces.

The biggest changes will surround the aforementioned new hotel tower, being built across the street to the north, and a dramatic new pool area that will feature a 30-foot-deep aquarium with all manners of undersea life separated from the swimming area by a see-through wall.

The bulk of the upgrades will be done in time for the hotel’s 60th Anniversary at the end of August with the hotel tower coming online sometime in late 2007.
...
More Outlets for Your Shopping Addiction
The hugely popular Las Vegas Premium Outlets near Downtown Las Vegas will undergo a major expansion soon that aims to add nearly 100,000 additional square-feet of retail bliss to the facility. Considered a bit of a risk when it opened in 2003 mostly due to its location in the neglected Downtown area, the shopping center has been drawing big crowds of tourists and locals since day one. Details about the new expansion were not released except to say that the additional outlets would hue closely to the upscale model that fills most of the storefronts in the facility today. Construction could begin as soon as this fall.
...
What’s That Smell?
The Equestrian Center at the South Coast, a large indoor arena with outdoor stockyards designed to host various events of the horsing around variety, opened recently and while it drew praise from the people (and presumably animals) there to use it, it is drawing criticism from some neighbors. Why? Well, think about what a thousand horses and a couple thousand head of cattle smell like. Yeah. Although the animals are not there all the time, large events generate a lot of odor and some residents in the surrounding community are apparently not too happy about it. Officials with the hotel say most events to be held at the arena won’t be as big (or as smelly) as the ones that inaugurated the facility and that they are actively working on odor control methods.

By the way, in case you’re wondering: they load it all on trucks and take it out to a compost site in the desert near the town of Pahrump.
...
“Fremont East” Project Moves Forward
The latest in a string of development projects designed to “rescue” a struggling Downtown Las Vegas appears to moving full-steam ahead with the unveiling of details for “Fremont East,” an eight-block stretch of Fremont Street extending from Las Vegas Boulevard to 8th Street, just east of the Fremont Street Experience.
A redevelopment plan has been in the works for some time, aimed at turning the seedy mixture of gift shops and rundown motels into a hopping nightclub and entertainment scene – sort of a Vegas version of Bourbon Street. Included now in the plans is a major landscaping effort that will redo the entire area with a retro ‘50s theme including neon signs down the middle of the street, gateway arches at both ends of the district, and wider sidewalks to add room for al fresco dining and the anticipated cafes and saloons that may open there.

The El Cortez, the only major hotel-casino in the area, is getting a makeover to coincide with the Fremont East effort. It has already received some much needed sprucing up in the guest rooms and a few of the public areas but more is on the way with revised entrances, new carpet and marble throughout, and updated machines in the casino.

A couple of new nightclubs are already operating in the area including a Vegas version of the popular LA and NY Beauty Bar, but more are on the way according to city officials. As part of the incentive program, potential tavern owners pay about a third of the norm for a liquor license but in return have to promise at least four nights of live entertainment so expect lots of music in the future for Fremont East.

The street improvements are expected to begin in August and be complete in early 2007.
...
Rita Rudner Show To Close
This is getting annoying. A couple of weeks after the announcement of the closure of one of my Vegas favorites, “Avenue Q,” comes the surprise announcement that Rita Rudner’s very popular (and very funny) stand-up stint at New York-New York is over come this June. The hotel will reportedly turn the space into yet another nightclub (just what we need) and Rudner was quoted in the Las Vegas Review Journal as saying that she is in negotiations to move to another property this fall.

But just in case a new home for Rudner doesn’t come through, you should do yourself a favor and catch her show before it closes. It’s one of the funniest, most entertaining experiences in town.
...
Southern Highlands Wins Approval
Southern Highlands, the new “locals” casino hotel planned for the southern part of Las Vegas, won approval from the Clark County Commissioner to bring in the construction crews and get to work. The resort will be built at the intersection of St. Rose Parkway and Interstate 15 about 10 miles south of Mandalay Bay and will feature a 3,200 room hotel (done in phases with the first phase containing about 1,400), a huge casino, restaurants, entertainment facilities, and more. Ground breaking on the first phase is expected this summer with completion anticipated for early 2008.
...
Stratosphere Suicide
A 27-year old man from Bristol, England climbed two security fences and threw himself off the top of the Stratosphere Tower on Saturday, February 3. Authorities have ruled the death of Neil Greg Roberts as a suicide. Sadly this is not the first time that people have chosen this dramatic way out as an exit. Despite alarms, fences, and security personnel three other people have leapt to their deaths from the top of the more than 1,000-foot tall tower.
.....
Lady Luck Closes
A downtown staple for more than 40 years has closed its doors, at least temporarily. The Lady Luck hotel and casino was shuttered on Saturday, February 11 in anticipation of an extreme makeover. The company that runs the joint still isn’t saying what they intend to do with the place but rumors seem to indicate that it will not be as radical as tearing it down and starting over but will be more than just a new coat of paint. Expect major overhauls from the ground up with a new casino, new restaurants, new rooms, and more. There is also no firm opening date but early 2007 is likely.
...
Harrah’s Considering Extreme Makeover
Word out of the Harrah’s corporate offices seems to indicate the company is considering a massive redevelopment of several of its flagship Las Vegas properties that could wind up being the biggest project in the city’s history. This is all just rumor and conjecture so far based on rather opaque comments from the company’s executives, but what they are apparently considering is taking a wrecking ball to everything between Harrah’s and Flamingo Road all the way back to Audrie Lane and beyond. This would include Harrah’s, the Imperial Palace, The Flamingo, O’Shea’s, the now closed Bourbon Street hotel, and Barbary Coast if they decide to buy it from competitor Boyd.
All of this is in addition to consideration being given to revamping or perhaps starting over on the Bally’s property.

Harrah’s is already the biggest casino company in the world in terms of properties and value but they are behind MGM Mirage in the Las Vegas market, which has more hotels and more revenue. Leveling the block would give Harrah’s more than 150 acres to play with, which by way of reference, is about 2 ½ times the size of the lot on which MGM Mirage is building its $5 billion Project CityCenter, a massive development of hotels, a casino, condos, and more between Bellagio and Monte Carlo.

Expect an announcement on the company’s Las Vegas plans in the first half of 2006.
...

THATS ENOUGH FOR NOW

JonVegas
Jun 21, 2006, 4:55 AM
Yes, Le Reve stinks. I was bored the whole time. Ave. Q was fantastic.

ScottG
Jun 21, 2006, 7:40 PM
Guests Evacuated During Circus Circus Fire

June 21, 2006 07:33 AM PDT




Investigators are looking into what caused a fire at the Circus Circus late Tuesday night.

The two-alarm fire broke out just before midnight between the walls of a building on the east end.

Firefighters quickly put the fire out but it did spread from the first to the third floor. As a precaution, 250 guests were evacuated while firefighters made sure there were no hot spots.

Officials say no injuries were reported.


isnt this the second fire at Circ, over the past 3 years?



....

North Las Vegas Ranks Near Top of List

June 21, 2006 09:41 AM PDT




North Las Vegas is the second-fastest growing city in the nation. That according to the U.S. Census Bureau which cites the population boom as the reason for the ranking.

According to the Census Bureau, North Las Vegas' population grew by 11.4-percent, from 158,540 in July 2004 to 176,635 in July 2005.

North Las Vegas has remained in the top three ranked large cities in the country in terms of growth since 2003.

The fastest-growing city is Elk Grove, California, a new city south of Sacramento.

Three other Nevada cities make it into the top 50-fastest growing. They are Henderson which ranked 20th, Reno which ranked 30tha and Las Vegas which ranked 42nd.

....

BTW

The PINNACLE site is still vacant, BUT driving past it you will see a new billboard, displaying a nice renderings of the towers and a marquee saying 'VISIT OUR SALES OFFICE" (or something like that) with an arrow point across the street. The pinnacle has both side of the billboard, both pointing across the street. i couldnt see any sales office across the street tho.

nice to see it movin along

Reverie
Jun 22, 2006, 12:33 AM
Westward Ho site could join mixed-use craze

>Well that's nice, now build the thing. I'm sick of people juggling land back and forth.

http://www.reviewjournal.com/lvrj_home/2006/Jun-21-Wed-2006/photos/westwardho.gif


Westward Ho site could join mixed-use craze

Tharaldson Cos. planning $1.8 billion resort after purchasing 14 acres

By JENNIFER ROBISON
REVIEW-JOURNAL

Just months after it bought the Westward Ho on the Strip, Centex Destination Properties has ceded most of the property to a partner involved in the purchase.

And plans for the site have shifted from a high-rise condominium project to a $1.8 billion mixed-use resort tentatively set to include 1,000 condominium-hotel units, 600 residential condominiums, a 600-room hotel, an 80,000-square-foot casino and 200,000 square feet of retail.
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"It sort of goes along with what everyone else is doing, with what the Stardust is planning next door (with the $4 billion Echelon Place) and what MGM (Mirage) is doing (with the $7 billion Project CityCenter)," said Gary Tharaldson of the Tharaldson Cos., a North Dakota business that is the new majority owner of the Westward Ho site. "It's the only use you can build when you pay the kind of money we paid."

Centex Destination Properties and Tharaldson bought the Westward Ho parcel together for $145.5 million in September, with Centex as the managing partner. Centex Destination Properties is a subsidiary of publicly traded Centex Corp., a Texas home builder with a market capitalization of nearly $6 billion and $14 billion a year in sales.

In March, a separate Tharaldson business shelled out $170 million to buy all but one acre of the 15-acre plot. Centex continues to own the one-acre sliver that Tharaldson didn't buy.

David Atwell, a real estate broker specializing in properties on and around the Strip, said the land's location could boost its prospects.

"It's dynamite. It's between two major hotels," Atwell said. "They're not making any more Strip property. It's like having gold bars in the bank."

Tharaldson said he wasn't sure when construction on the now-vacant Westward Ho site would begin.

However, he said he was readying plans for county approval and preparing for the construction-permitting process. He noted that it took two years to finish planning and development paperwork and begin construction on the Bond, a five-story, 118-unit timeshare a Tharaldson affiliate is building near Russell Road and Interstate 15. The Bond is scheduled to open in 2007.

Tharaldson said he will finance the construction of the Westward Ho land's condominiums through his existing business.

Because he hasn't owned a gaming property before, Tharaldson said he's considering a joint venture on the casino with an experienced industry operator. If he strikes such an agreement, Tharaldson said, he'll seek casino-construction funds from institutional investors and banks on Wall Street.

The 24-year-old Tharaldson Cos. encompasses a multitude of businesses. A development division builds hotels, while a property management entity operates 355 hotels with 6,000 rooms in 36 states under nameplates such as Marriott's Residence Inn, Courtyard and Fairfield Inn brands and Hilton's Hampton Inn and Homewood Suites concepts. Tharaldson has also built and operated Holiday Inn Express and Comfort Inn properties.

In Las Vegas, Tharaldson developed four hotels clustered around Russell and Interstate 15: Las Vegas Courtyard, Las Vegas Fairfield Inn & Suites, Las Vegas Holiday Inn Express and Las Vegas Residence Inn.

On March 31 -- the same day Tharaldson closed on its majority takeover of the Westward Ho property -- Whitehall Street Real Estate Funds bought 130 Tharaldson hotels for $1.2 billion. Tharaldson said Whitehall is under contract to buy 10 more of the company's properties.

Whitehall, a Goldman Sachs-managed real-estate investment firm, has retained Tharaldson as the hotels' property manager.

Tharaldson is also slowly unloading its ownership interest in Urban Village, a mixed-use project that Centex Destination Properties is developing on Las Vegas Boulevard South near Cactus Avenue.

Urban Village will include about 2,700 homes. C.J. Julin, vice president of marketing for Centex Destination Properties, said it will also have a "resort-style amenity and club" and commercial space with restaurants, entertainment and retail. Centex officials haven't yet planned the size and design of Urban Village's commercial space.

"With I-15 right there and a large part of the Las Vegas market being from Southern California, the access point with the Cactus interchange that's going to be put in is exciting," Julin said. "We're not going to have a casino, but casino developers are in that area, and with the proposed airport location (in Ivanpah), the South Strip is really a great place to have a development in Las Vegas. We're excited about the opportunity we have down there."

Tharaldson assembled the 48.6-acre Urban Village site in 2004 for about $71 million, Clark County Assessor records show.

Tharaldson said he has sold about 30 percent of the site to Centex, and will spin off the rest of the property to the home builder as it builds out the land.

Julin said company officials shifted their efforts from the Westward Ho parcel to the Urban Village project because Urban Village is further along in the development process and will enable Centex to sell homes sooner.

The company is already accepting reservations for its four-story brownstones, which will range from 870 square feet to 1,805 square feet and are priced from $375,000 to $795,000. Grading on the site began in May, and residents will move in about two years from now.

By contrast, it could take up to three years to obtain plan approvals and building permits on a high-rise condominium tower, and an additional two years to build the property. That places residential occupancy about half a decade away.

Tharaldson said investors frown on publicly traded companies that hold undeveloped land for several years, and the pressure to "turn their money every four to six months" led Centex officials to approach him about buying most of their share of the Westward Ho acreage so they could focus on Urban Village.

"Wall Street doesn't like the time it takes to build a high-rise," Tharaldson said.

Julin declined to discuss any profit Centex made on flipping its Westward Ho holdings.

But Tharaldson said the $24.5 million difference in the property's purchase and sale prices likely wasn't the quick profit it looks to be on paper.

First, while the Centex purchase closed in September, the sale price was likely negotiated several months earlier, he said. Thus, it took well over six months for the price to jump from $145.5 million to $170 million.

Second, Centex demolished the 700-room Westward Ho.

"Centex tore the building down and incurred some additional costs during that period," Tharaldson said. "It's not all profit."

Atwell agreed.

"Any time you can sell for more than you paid, it's worthwhile, but I think this was more a prearranged deal for (Centex)," Atwell said. "I don't think anyone walked away making a lot of money on it."

Tharaldson said that though he's committed now to building his mixed-use resort, he wouldn't rule out selling the land if its value jumped significantly.

"You've always got to be taking a look at what your best options are," he said. "If prices continue to rise, the nice thing is, you always have the option of exchanging it for something else. I think you've always got to keep your options open. But from the day I bought it, it had casino rights, and I was going to figure out a way to do that part of it."


The Battle Against High Rises

>NIMBYs to the bitter end, this is LAS VEGAS BLVD for crying out loud. Anyone with half a brain would know by now that you wouldn't be able to live your pseudo peaceful life in your house on LAS VEGAS BLVD especially after seeing all the developments over the years.

http://www.reviewjournal.com/lvrj_home/2006/Jun-20-Tue-2006/photos/park.jpg


Council to weigh height proposal

Developers, property owners pitted against neighborhood residents

By DAVID McGRATH SCHWARTZ
REVIEW-JOURNAL

A proposal to limit building height along Las Vegas Boulevard to 60 feet or five stories will come before the City Council on Wednesday, pitting property owners and developers against many residents of the influential John S. Park neighborhood.

Some of downtown's biggest names in development have joined to oppose the plan, hiring a firm to collect signatures from residents in opposition and lobbying the mayor and members of the City Council.
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The proposal has raised concerns about development outside the area, said attorney Frank Schreck, who is representing certain property owners and developers.

"This is a horrible precedent," he said. "Anybody who has some political power can change development standards in whole sub-districts. Who knows where it's going to go?"

Bob Bellis, president of the John S. Park Neighborhood Association, which has vocally pushed the proposal, dismissed the idea that such restrictions could spread.

"This is a unique neighborhood. You can use the slippery slope argument for anything," Bellis said. "The mayor talks about the core of the city being healthy. We are the core. The city came to us and asked us to help. We've done our part."

Bellis and his neighbors worry that high-rises would ruin the historic feel of the neighborhood, while increasing traffic and blocking sunlight.

The proposal would change the Downtown Centennial Plan, which the council passed in 2000 to encourage downtown growth, by loosening restrictions on things such as building height. This proposal would limit the size of buildings on the east side of Las Vegas Boulevard, between Oakey and Charleston boulevards.

The proposal could face a split City Council. Mayor Pro Tem Gary Reese, who represents the area, has pushed the proposal. Councilwoman Lois Tarkanian, who represents the west side of Las Vegas Boulevard, said late last week that though she hasn't reached a final decision, she is concerned about stalling development along that stretch, saying it could hamper the spread of development from the Strip to downtown.

Schreck said developers including Irwin Molasky, Barnet Lieberman and David Mitchell oppose the plan, as do owners of the Stratosphere and Golden Nugget casinos. So too does Pete Eliades, owner of the strip club Olympic Gardens and $60 million worth of adjacent property he has assembled that would be restricted, Schreck said.

But he also contends that the majority of the neighborhood is not backing the proposed plan. He said 210 households have signed a petition that opposes the plan.

Bellis said he has about 200 signatures in favor of the ordinance. Many people have gotten the competing petitions confused, he said, and opponents have nagged residents to the point where he has called police on a signature-gatherer who was "hounding" residents who wouldn't sign his petition.

The neighborhood has killed high-rise projects in the area.

But Bellis said the blanket restriction is needed because "this could go on forever. People coming with more and more proposals, and we're spending our entire lives at Planning Commission meetings, City Council meetings. It's not fair to the neighborhood."

Not all residents are against high-rises.

Mike Ganson, who lives in the neighborhood, said that high-rise development would increase property values and improve the area by getting rid of the seedy bars and strip clubs on that section of Las Vegas Boulevard.

"The government is trying to steal my property rights without just compensation," he said.

Bellis said that if developers had their way, there would be a curtain of buildings abutting houses and blocking out the sun.

Schreck said some developers looking to build retail space across the street are counting on having people living on the east side of Las Vegas Boulevard. The message that the council would send to the development community and the banks who finance these projects would be a backtrack from the council's aggressively development-friendly stance, he said.

"This is beyond belief. The Centennial Plan was meant to encourage development. This guts part of it and causes uncertainty for the rest," Schreck said.

City Attorney Brad Jerbic said that approval of the proposal would not set a legal precedent or cause such restrictions to be more easily instituted by the City Council.

If the update to the Centennial Plan passes, the plan "will be as easy to change as it is today, as it was yesterday."

It would not be the first time that a Las Vegas City Council has imposed a height restriction. About 12 years ago, he said, the City Council put a height restriction on Charleston Boulevard, between Rancho Drive and Valley View Boulevard to limit buildings to two stories or less.

CHAPINM1
Jun 23, 2006, 5:39 AM
:whatthefuck: That height restriction proposal is a crock of shit! That would be like putting a height restriction along 42nd Street in NYC...

Downtown Joe
Jun 23, 2006, 2:56 PM
:whatthefuck: That height restriction proposal is a crock of shit! That would be like putting a height restriction along 42nd Street in NYC...

What's really a crock of shit is the "planning" by the Planning Department and City of Las Vegas. They approve highrise after highrise with absolutely no discussion of parks, amenities, bus pull out lanes, street widening, sidewalk widening or other aspects of building a successful downtown. They want to permit 500 foot tall buildings on tiny lots, with insufficient traffic access, with nothing but ugly concrete for the first 200 feet for the parking garages. They say "yes" to every proposal put before their noses and make no meaningful demands as to aesthetics, amenities for residents, or fit within the city.

If Las Vegas is going to be the Manhattan of the west, we need a Central Park or even 1/4 of a Central Park. And other than Sam Cherry's projects and the furniture joints, most of the existing projects are pure b.s. which will never get built. The City needs to figure out how to identify real developers from those who are trying to make a quick buck by getting site development plan reviews passed, which create building entitlements for two years, based upon nothing more than pretty architect drawings and the empty promise of a representative that they will really try to get financing and a construction company.

Until the City does some actual planning and draws in a mix of office buildings, lowrise and midrise buildings, a grocery store and other amenities, condos and mixed-use buildings that are designed for actual residents rather than weekend visitors, downtown will remain a mess. Other cities actually plan for redevelopment. It's time the City of Las Vegas does the same.

Kirk_B
Jun 23, 2006, 3:24 PM
What's really a crock of shit is the "planning" by the Planning Department and City of Las Vegas. They approve highrise after highrise with absolutely no discussion of parks, amenities, bus pull out lanes, street widening, sidewalk widening or other aspects of building a successful downtown. They want to permit 500 foot tall buildings on tiny lots, with insufficient traffic access, with nothing but ugly concrete for the first 200 feet for the parking garages. They say "yes" to every proposal put before their noses and make no meaningful demands as to aesthetics, amenities for residents, or fit within the city.

If Las Vegas is going to be the Manhattan of the west, we need a Central Park or even 1/4 of a Central Park. And other than Sam Cherry's projects and the furniture joints, most of the existing projects are pure b.s. which will never get built. The City needs to figure out how to identify real developers from those who are trying to make a quick buck by getting site development plan reviews passed, which create building entitlements for two years, based upon nothing more than pretty architect drawings and the empty promise of a representative that they will really try to get financing and a construction company.

Until the City does some actual planning and draws in a mix of office buildings, lowrise and midrise buildings, a grocery store and other amenities, condos and mixed-use buildings that are designed for actual residents rather than weekend visitors, downtown will remain a mess. Other cities actually plan for redevelopment. It's time the City of Las Vegas does the same.

AMEN to That!!!

Bender13
Jun 23, 2006, 5:27 PM
Downtown Joe, great post. I totally agree with you that downtown needs better planning. I've said it before that downtown needs much more than just high rises for the rich to be successful. The city has done a great job in attracting developers, most cities wish they could have this many proposals. Now they just need to follow up. They have developers interested in downtown. A little better planning can steer those developers into creating a great downtown. More mixed use, more mid and low rise residential for middle class people.

And something I believe strongly about, better public transportation. If everything goes as we hope and most of these projects are built and downtown gets full of people, if it's still auto oriented, traffic will be horrendous, with all those people living there. Light rail here is dead, but hopefully that high speed bus thing that replaced it can work just as well. A street car that just serves downtown and improved bus service can make a huge difference.

I'm going to use Portland OR. as an example for good public transportation. They have a light rail, downtown streetcar and great bus system. and the best part, in a big area of downtown public transportation (streetcar, bus) is free, as long as you stay within that area. There's no need to use a car when your down there. Now I don't expect Las Vegas to get as good a system as Portlands, but it is a good example. If Las Vegas want a successful downtown transportation is a huge part of it, and now is the time to be planning it.

Reverie
Jun 24, 2006, 2:03 AM
Sky Las Vegas Topped Out


The tower has topped out. A Fir tree was hoisted to the top per tradition.

Estimated six months remaining until occupancy.


http://img19.imageshack.us/img19/563/0454ci.jpg (http://imageshack.us)
http://img58.imageshack.us/img58/8659/0446nu.jpg (http://imageshack.us)

The Pinnacle Opens Sales Office

>Nice to see this project's chances of being built increase. The towers are nice and will serve to expand the city skyline westward.


The office has a nice 3d scale model of the towers. The Pinnacle project will cost $850 million.


http://img19.imageshack.us/img19/4360/0464gc.jpg (http://imageshack.us)

ScottG
Jun 24, 2006, 6:14 AM
Stardust Stops Taking Reservations Past Nov 1
As you most likely know, the Stardust is closing at the end of 2006. The Las Vegas R-J is reporting that they are no longer taking reservations after November 1st, and may possibly move it up to October 1st.

Evidently Boyd Gaming, owners of the Stardust, are concerned that they will not be able to provide a positive customer experience due to employees fleeing the closing property for more stable employment opportunities as closure nears.

"We're hoping to continue operation (unless) employee ranks become a problem," (Boyd Spokesman Rob Stillwell) said.

Stillwell said the company is concerned that it will not be able to maintain customer service standards after Nov. 1 because of employee migration to other properties, retirements and other factors.

Stillwell said the Stardust even could move the date for not accepting reservations forward to Oct. 1 if too many employees leave the property quickly.

Patrick
Jun 24, 2006, 6:54 AM
Sky is topped off? hmm the building's top looks a lot flatter than the renderings, but oh well Sky grew like a weed. Allure also is going up fast.
http://img430.imageshack.us/img430/8897/ghj9hg.jpg

Reverie
Jun 24, 2006, 9:19 PM
That Sky Photograph is from two weeks ago. I did not notice whether the top was completed but I assume it was.

Patrick
Jun 25, 2006, 12:10 AM
Here are a few shots from the Hardrock Cam

MGM Residents Tower Two topped off
http://img46.imageshack.us/img46/3450/ghj6ex.jpg

Panorama Tower Two about topped off
http://img140.imageshack.us/img140/9877/ghj1pw.jpg

BruceH
Jun 26, 2006, 4:58 AM
That Sky Photograph is from two weeks ago. I did not notice whether the top was completed but I assume it was.

Sky is topped off now and the topping off tree is on its roof. Over 600 workers have been building this great luxury high rise and it's still expecting to be ready for its new residents in January 2007. Can't wait as it's my future home.

BruceH
Jun 26, 2006, 5:10 AM
In case you were not aware, the County planning commission created set back rules for casinos, high rises and other tall structures. Ref chapter 30-56 Site Development Standards. Now let's see if they hold to such rules or allow lots of exemptions. They are in summary format (rules are more complex but here's a high level guideline):

Zero to 200 feet high = 17 foot setback
200 foot high = 80 foot setback
300 foot high = 113 foot setback
400 foot high = 146 foot setback
500 foot high = 180 foot setback


When you look at projects like Maxim and its oddly shaped foot print of land, the set back requirements are going to be very interesting. So far, nothing has been submitted for the Maxim project but they are digging like crazy on the land. Possibly removing all of the previous service station underground tanks etc.

Patrick
Jun 26, 2006, 5:37 AM
Can't wait as it's my future home.

Wow your going to live there? cool :cool:

BruceH
Jun 26, 2006, 5:41 AM
For sure. Helped the developers redesign the top of the building for their Sky Suites and now they really rock. Original plan wasn't a good use of space or layout and the revised one reflects what our luxury high rise buyers want in that type of unit.

ScottG
Jun 26, 2006, 3:24 PM
this mornings news talked about the klondike losing, then it showed new renderings and animation of CITY CENTER. A pretty different look now, they said today in a press conference they are going to talk about some NEW amenities that will be there. ALSO, today they mentioned work starts over the boardwalk site- today the REAL work get started?

ukmichael27
Jun 26, 2006, 4:46 PM
From the Review-Journal:

Construction on MGM Mirage's $7 billion Project CityCenter got under way just after midnight Sunday with the arrival of a convoy of trucks delivering 10,000 cubic yards of concrete to the largest privately financed construction project in the United States.

Mirage Resorts President Robert Baldwin, who is overseeing the 18 million-square-foot, mixed-use urban village, said the pour is one of the largest in Las Vegas history and marks the first stage of construction on the project.

Advertisement

Further, he said it underscores MGM Mirage's commitment to the project and marks a paradigm shift for the company.

This is the first time MGM Mirage has undertaken a project this large, one that will integrate residential condominiums and a major retail mall with a hotel-casino development, Baldwin said.

MGM Mirage Chairman Terry Lanni said Project CityCenter marks a "significant milestone in our vision to create a living experience like none other in Las Vegas."

Deutsche Bank analyst Andrew Zarnett said Project CityCenter will "drive growth in the company over the next five years."

Brian Gordon, a partner in the Las Vegas-based consulting firm Applied Analysis, agreed that the project represents a major change for Las Vegas.

"This is a shift in the way Las Vegas has developed. Instead of three-winged hotel-casino towers like we've traditionally seen, this will be a truly self-contained metropolitan resort, maximizing the value of its every square foot on the Las Vegas Strip," he said.

The biggest differences from past Strip developments, Gordon said, are that Project CityCenter will include a large component of residential condominiums, more amenities that offer something for everyone and enough entertainment that it will generate little foot traffic to neighboring resorts.

In the next week, Perini Building Co. will pour concrete in three phases for the 12-foot-deep foundation of the Cesar Pelli-designed hotel-casino tower, the most visible architectural component of the project.

One million cubic yards of dirt were removed to pave the way for the concrete pour and construction work for the new tower.

MGM Mirage has had 600 people working on the design and construction management phase of the project, Baldwin said.

When construction peaks in 2008, 7,200 employees will be working on the project.

And when it is fully built and opened, Project CityCenter will have 12,000 employees.

Project CityCenter will feature the 60-story, 4,000-room Pelli hotel-casino, the foundation of which is now being poured.

It will also include two 400-room, nongaming hotels; 500,000 square feet of retail shops, dining and entertainment venues; and residential condominiums.

MGM Mirage is expected to announce at a press conference this morning the addition of Studio Daniel Libeskind, Murphy/Jahn Architects and Rockwell Group to the architectural design team.

These firms will give shape to the project's retail and residential components, a modern urban residential district with high-end shops, gourmet restaurants and unique pedestrian environments, Baldwin said.

"The addition of Studio Daniel Libeskind, Murphy/Jahn and Rockwell Group -- architectural firms acclaimed for their remarkable global portfolios -- appropriately round out a design team with the credentials to shape the future look of Las Vegas and set the benchmark for new growth in this city and beyond," he said.

Patrick
Jun 26, 2006, 5:59 PM
WOW already!! :cool:

Reverie
Jun 27, 2006, 3:21 AM
CityCenter

They made some pretty big changes to the plan. If this is indeed the latest model, there is now a big central tower in front of the twin hotel towers. Looks like the Mandarin hotel was changed to a boring retangular tower. I liked the old design more. The circular walkway is also gone?! There seems to be no replacement walkway. Don't tell me you can build a 7 billion dollar resort and not have a walkway. In a news clip the nice spiral tower seems to be awol. I'm happy with the project as a whole but the changes, oh never mind. Least the main resort towers are still the same.

http://msnbc.msn.com/id/13563166/

Channel 8 news clip:
http://www.klas-tv.com/Global/story.asp?S=5079629

ScottG
Jun 27, 2006, 3:57 AM
^^^ arg- you beat me to it....

i would doubt a walk way wont be built. now a circular walkway. who knows..... the new designs have more towers (some even got taller)- so thats a plus....

i dont know how i feel about the new center peice....=?

kazpmk
Jun 27, 2006, 1:20 PM
thats great news about citycener. From the article is appears the foundation pour is going on for only one building in the complex; the tallest building. Is that right? Or is the foundation pour occurring for multiple building in the complex?

ScottG
Jun 27, 2006, 3:28 PM
this is weird....

http://www.resocasi.com/report/macau/18/macau-18-1-1.jpg

wynn macau


(city center foundation is only being doin on one building right now)

check out new renderings of W

http://www.vegastodayandtomorrow.com/whotel.htm

you an also see the new model for city center on VegasTAT

ScottG
Jun 27, 2006, 11:54 PM
mix use breaks ground

urban village


http://www.manhattanization.com/press-release/urban-village-las-vegas-press-release.rub

ScottG
Jun 28, 2006, 1:42 AM
The SUMMIT is back on the diagrams list!!!!

even though it does explain that no news has come out recently from it.

but its back!

it looks so nice next to the strat

Reverie
Jun 28, 2006, 2:08 AM
Cross your fingers and maybe, just maybe

Patrick
Jun 28, 2006, 4:59 AM
The reason I put it back is because, Ivana may be cancelled but The Summit isnt, if it keeps appearing on the Las Vegas 3d project Maps then it isnt cancelled.

LMich
Jun 28, 2006, 6:07 AM
That particular project has been cancelled, though. There is currently no plan for the site, only a vision/concept. It's not a proposal as nothing has been seriously proposed since. The only thing the site still has the the option to build up to the approved height, but that is highly unlikely. The site is currently a development zone, not the Ivana or Summit.

CHAPINM1
Jun 28, 2006, 6:40 AM
How was the height of the Summit supposed to be?

Reverie
Jun 29, 2006, 3:41 AM
923ft tall, and 80 stories.

Queensridge

>An oddity among highrises. I have only heard of it via this forum as I don't visit Summerlin too often. I did today however, it's quite strange seeing construction like that in the middle of flat boring sprawling Summerlin but it was there. I heard it's ultraluxurious even by highrise satndards, with only a hundred or so untis in each tower and units costing $10 mil or more.

http://img513.imageshack.us/img513/3194/l1234qd.jpg (http://imageshack.us)

CHAPINM1
Jun 29, 2006, 3:45 AM
I was confused, I thought the Ivana and The Summit were two different projects, hahahaha.

ScottG
Jun 29, 2006, 4:11 PM
i just saw a big clip on the news about juhl, i missed the first half, but i think they announced ground breaking...... why else would they mention a condo project other than introducing it (?)

Reverie
Jun 29, 2006, 11:11 PM
Juhl

>Juhl already has steel coming out of the ground. It's good to go :)

World View Towers

>The removal of the warehouses on the site is now complete. Let's hope the project rolls forward from here on. Build the sales office, advertise like hell and make it happen!

http://img519.imageshack.us/img519/3539/1337rx.jpg (http://imageshack.us)

Streamline

>Tower crane now erected, steel going up. Oscar Goodman must be happy!

Red Rock Resort

>2nd tower nearly topped out.

Newport

http://img527.imageshack.us/img527/353/1311qu.jpg (http://imageshack.us)

Molosky Office Building

>Seems to be topped out, it's a steel frame so it's fast.

Panorama Towers

>Just when is Pano Tower 1 getting rid of its crane? It's been up forever. (Same and be said of Palms Tower 2...) Tower 2 is working on the top.

Palazzo

>Going crazy on the work for the Italian village (at least that's what I call it). The main tower is still not in any hurry to get any taller...

Encore at Wynn

>Site work still going on. It's Wynn, no need to worry about him finishing his projects!

Trump

>Getting taller every 4 days. More Gold too.

http://img236.imageshack.us/img236/6048/1344ot.jpg (http://imageshack.us)

One Las Vegas

>This one managed to slip by us for a while, but not anymore.

http://img231.imageshack.us/img231/9011/image12mv.jpg (http://imageshack.us)

2nd crane!!!
http://img233.imageshack.us/img233/7440/image21il.jpg (http://imageshack.us)

http://img503.imageshack.us/img503/6564/image39fe.jpg (http://imageshack.us)

The End of the Road

>You will be missed...

http://img196.imageshack.us/img196/435/1214ks.jpg (http://imageshack.us)

ScottG
Jun 30, 2006, 1:55 AM
so there is another thread on a vegas project...

http://forum.skyscraperpage.com/showthread.php?t=109405

there are a few nice new renderings.

notice how the two central towers lean, also look like the 'deconstructionist design' was inspired off the cosmopolitan. with the glass goin haywire. modern times

bobmcelligott
Jun 30, 2006, 5:08 AM
Here are a few shots from the Hardrock Cam

MGM Residents Tower Two topped off
http://img46.imageshack.us/img46/3450/ghj6ex.jpg

Panorama Tower Two about topped off
http://img140.imageshack.us/img140/9877/ghj1pw.jpg
Hey Patrick

Did you get those shots of MGM Signature from the "Pink Taco" cam at Hardrock. I tried to sign up but it said "Error" every time I tried. That was a great photo you got. I have a condo in Tower C and wantg to watch the progress. Any ideas?
Thanks

Patrick
Jun 30, 2006, 5:25 AM
Pink Taco? hmm well I know its the Hardrock Truelook Camera, and it works fine for me.

Although in the afternoon there are many people online for the camera, which makes it difficult to use the camera without getting someone else's request because the camera gets so busy.

This link Should give the view to the Three Towers
http://live12.truelook.com/face/hrface.jsp?func=live&name=/hardrock/pool/pool1&pan=43.02929&tilt=6.124579&panfov=10.590606&tiltfov=7.942954&overlay=default&skin=default&useapplet=true&time=1151644056073&width=640&height=480&quality=65&catalogname=catalog&zoom=3.9185672&imagemap.x=57&imagemap.y=27&imagemap.w=580&imagemap.h=436

Welcome to the fourm, and cool you have a condo there :)

Well here is a nightime shot of the towers tonight. Looks like Tower Three is halfway.
http://img502.imageshack.us/img502/5373/ghj7mm.jpg

bobmcelligott
Jun 30, 2006, 5:51 AM
I made 4 different banners: tell me which one you guys think is the best, the one with the most votes will go on the front page :)

#1 The popular buildings, so far
http://img154.imageshack.us/img154/6073/ghj1qo.jpg

#2 All evening renderings
http://img154.imageshack.us/img154/6821/ghj0ee.jpg

#3 All Day Renderings
http://img213.imageshack.us/img213/9307/ghj2ha.jpg

#4 All Night Renderings
http://img213.imageshack.us/img213/1803/ghj3bp.jpg

What do you guys think? My Vote goes for #2 All evening renderings
I agree that #2 looks great, But I vote for #3. But I'm a little biased as I've purchased studios in Trump and MGM Signature. I like either one, though.

Patrick
Jun 30, 2006, 6:16 AM
^ Well that poll has come and gone already, #2 won and has been on the front page already, I'm suprised only 1 person voted for #3 I thought it looked nice but I voted for #2
_________________________________________________________________

Umm this is off topic but I've been making a sketchup City Called Staunton and barley anyone goes to the SSP Cityscape fourm, I'm hopeing someone here is intrested in seeing it, because barley 2 people actually reply.

http://forum.skyscraperpage.com/showthread.php?t=107571

http://img512.imageshack.us/img512/1416/ghj3is.jpg

Thanks :)

LMich
Jun 30, 2006, 8:18 AM
thats great news about citycener. From the article is appears the foundation pour is going on for only one building in the complex; the tallest building. Is that right? Or is the foundation pour occurring for multiple building in the complex?

Kazpmk,

The pour is just for the main tower (the hotel/casino at the back of the site). The structure actually contain 2-towers, but they are connected at 280-feet of their height so they count as one structure.

ScottG
Jul 2, 2006, 1:39 AM
i drove past the site for planet hollywood towers.....it ain't under construction. the sierra desert has more action than this site. also, they took down the advertising along the fencing around the site...=/

the W sales off ice is HUGE! one block (about). they mean BUSINESS!

The_Analyst
Jul 2, 2006, 10:11 PM
I know this is the Las Vegas forum but I figured you skyscraper fiends would find this article interesting. One Rincon will be SF's tallest condo tower and one of the most visible buildings along the skyline. This article is actually an interesting description of the engineering of the building. It also has a link to a Quicktime video that gives a pretty cool flyby rendering.
http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2006/07/02/BAGD5JO3A41.DTL


BTW, Patrick, I just started playing around with Sketchup and your skyline is very impressive! It's a fun program but not simple to produce that much detail.

AhChu
Jul 2, 2006, 11:48 PM
I like the banner's for night views better, so I choose 1 or 3, I'm leaning more towards banner 1.
:banana:

BruceH
Jul 3, 2006, 3:08 AM
923ft tall, and 80 stories.

Queensridge

>An oddity among highrises. I have only heard of it via this forum as I don't visit Summerlin too often. I did today however, it's quite strange seeing construction like that in the middle of flat boring sprawling Summerlin but it was there. I heard it's ultraluxurious even by highrise satndards, with only a hundred or so untis in each tower and units costing $10 mil or more.

http://img513.imageshack.us/img513/3194/l1234qd.jpg (http://imageshack.us)

Prices for One Queensridge start now in the $1.75 million range. The $10 million is for the larger, higher floor units.

sky-of-webs
Jul 3, 2006, 4:10 AM
I know this is the Las Vegas forum but I figured you skyscraper fiends would find this article interesting. One Rincon will be SF's tallest condo tower and one of the most visible buildings along the skyline. This article is actually an interesting description of the engineering of the building. It also has a link to a Quicktime video that gives a pretty cool flyby rendering.
http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2006/07/02/BAGD5JO3A41.DTL


BTW, Patrick, I just started playing around with Sketchup and your skyline is very impressive! It's a fun program but not simple to produce that much detail.
THANX FOR THE HOOK-UP, LOOKS NICE.

sky-of-webs
Jul 3, 2006, 4:18 AM
Look for renderings to be released in a few weeks for Stanhi. We are the first brokerage to have access to it by private invitation by Sam Cherry. His vision for that area is bang on and he really understands the downtown high rise market.
POSTED ON 3-29-06
HI BRUCE, ANY NEWS OF LATE?

Reverie
Jul 3, 2006, 4:51 AM
Umm this is off topic but I've been making a sketchup City Called Staunton...

>Patrick, as a fellow Sketchup user, I can appeciate the effort and creativity you have put into your city. I especially like that simulated view from an office inside one of the buildings, clever :)

I havn't done any more Vegas buildings since last time due to lack of time but I'm thinking of doing city center, it may take a while die to lack of official heights and such but it would be nice to see.

Now for some more news, since there's always something happening!

Sky-high condos to leave neighbors in shadows

>It may not be clear from the article but this project is proposed for the far northwest corner of the valley. It looks like another Queensridge type suburban condo with two towers. What arer your thoughts on these suburban condos? (queensridge, Red Rock Residences, Spanish View, etc.) Will they help urbanize Vegas more? Are they just some get rich quick scheme by developers to sell to investors who will never live in them and who care nothing for the surrounding area? If they have to be built, are some areas more suited for these types of (suburban) towers then others?


By Dan Kulin <dan@lasvegassun.com>
Las Vegas Sun

The flood of high-rise plans that swept through the Strip and downtown Las Vegas is seeping into the city's outskirts, presenting thousands of homeowners with the prospect of traffic jams and neighbors towering above them.

The latest suburban high-rise proposal comes attached to plans for the Great Mall of Las Vegas - a long-discussed project from Triple Five, the developers behind Boca Park in Summerlin, the Mall of America in Minneapolis, and the largest mall in the world, the West Edmonton Mall in Canada.

Neighbors knew the megamall was coming but became alarmed in February when they first saw that a Triple Five subsidiary, Triple Five Nevada Development Corp., wanted condominium-filled high-rises around the Great Mall of Las Vegas. The proposal brings Triple Five into the mix of developers hoping to cash in on the Las Vegas high-rise condominium craze that promises to keep builders busy for years.

This isn't the first high-rise proposal for this area near the northwest crossing of U.S. 95 and the Las Vegas Beltway. The city outlined a vision for dense, tall development around that highway interchange in the late '90s - a plan that allows buildings up to 500 feet tall in certain areas, including on half of Triple Five's 50-acre mall site.

However, Triple Five wants to change the zoning to allow two 250-foot-tall condominium towers on a part of the property that now carries a two-story height limit and that doesn't allow residences. A company official said the layout was influenced by a desire to help traffic flow by keeping condo residents and mall patrons on different roads.

Some neighbors say the City Council shouldn't give in to Triple Five's proposal, which they say would overwhelm their neighborhood with traffic and would give prying eyes a chance to look into their back yards.

"It seems that Triple Five purchased the property knowing the zoning ¦ and this is a little bit bigger than two stories," said Vicki Driscoll, a resident of the Timberlake subdivision just south of the mall site who fears a loss of privacy to future condo neighbors.

"If they're on the top floors, they can just get a telescope, and we'll have no privacy. We had a reasonable expectation of privacy. We didn't plan on people watching us in our pools."

Brian Gordon of Applied Analysis, a real estate and business advisory firm, said the suburban high rises are a direct result of growth driving up land prices throughout the Las Vegas Valley. As the population expands away from the center of the city, "pockets of dense commercial development" are to be expected, he said.

Whether people support or oppose dense, high-rise development is often determined by whether they are more influenced by aesthetics or the potential economic benefit of a project, Gordon said.

Debra March, executive director of UNLV's Lied Institute for Real Estate Studies, also said the clusters of dense development are to be expected in such a rapidly growing area.

"That's why you see zoning changed all the time," March said. "But thank God it isn't changed at the drop of a hat and we can challenge and question the proposed changes."

March, who is also a member of the Henderson Planning Commission, said it still "behooves the city to concentrate high-rise development in downtown," where such development is more expected and generally accepted by those already living there. Also, while much high-rise development has been approved for downtown Las Vegas, relatively little is under construction.

But while comments from city officials and council members seem to indicate Triple Five won't be allowed to go as tall as it now proposes, city leaders seem to generally support a tall and dense development at the site.

The city Planning Commission is recommending the City Council reject the tall proposal when it goes before them on July 12. And Councilman Steve Ross, whose ward includes the mall site, is reportedly unwilling to support the 250-foot towers but might agree to something shorter.

Ross was unavailable for comment for this story because of a death in his family. But his city liaison, Sheila Lambert, said the councilman supports the mall project and the idea of having condominiums there too, even though she said he is "unlikely to support two 250-foot towers."

Councilman Steve Wolfson, whose ward includes most of Summerlin, wouldn't comment on the Great Mall proposal specifically. But Wolfson said the increasing number of proposed high rises away from downtown "is a natural extension of what's happening in the internal part of the city - the need to go vertical because of the land prices."

Wolfson has also been forced to deal with high rises coming to his community - most notably the under-construction One Queensridge Place condominiums. And he is in the midst of negotiations between Triple Five and residents for another potential high-rise project near Rampart and Alta drives .

Councilman Larry Brown now represents some northern parts of Summerlin and precincts north of Cheyenne Avenue, but until the expansion of the council in 1999, Brown's ward included the entire northwest. And although he wouldn't speak about the Great Mall proposal specifically, Brown said that in general a tall and dense development near the highway interchanges "certainly fits into what was envisioned" for that area.

Also, as Triple Five representatives have noted, theirs would not be the first tall building OK'd for the area. A year ago the council approved plans for two 24-story towers roughly a half-mile west of the proposed mall.

Attorney Bob Gronauer represented the Deer Springs Investments project, which won approval for the two office and residential towers planned for land across from a new hospital at Durango Drive and Deer Springs Way. Gronauer said Triple Five's proposal fits in with the city's long-range plan for higher-density developments in that area, and others said the high-rises are an expected by-product of higher land prices, and the city's rapid growth.

And not all the neighbors are opposed to the project.

Mark Schwartz, the secretary and treasurer of the Timberlake association, said his group has formally supported the mall project and the towers, which would be on the far side of the property from the hundreds of Timberlake homes, where most of the opposition resides.

"They're at the far end of the property and not really going to bother me," Schwartz said. "But we're a very divided subdivision on this. Some people don't want any towers back there."

James Grindstaff, Triple Five's local vice president of planning and development, said in addition to the distance from the homes on the south, there would also be an earth berm and 10- to 20-foot trees between the mall property and the homes.

"Plus the mall itself will obscure the view," he said.

The mall would have about 1.2 million square feet of retail space on three floors, which would make it a little larger than the Meadows mall and about the same size as the Boulevard mall. There would be 900 condominiums on the property, with 48 in two rows of six-story loft/retail buildings that would resemble the District at Green Valley Ranch. The rest of the condominiums would be in the two 250-foot towers, which would include 15 floors of condominiums on top of parking garages.

Under a best-case scenario, mall construction would begin late next year and the mall would open in late 2009. The proposed high rises would follow two or three years later.

Triple Five has been seen as a political force in the past. Since 1998, the company and its affiliates have contributed at least $153,000 to Southern Nevada politicians, and in 2000 the company secured Clark County approval for a casino in the Spring Valley township of southwest Las Vegas - although that was later voided by a state panel.

Former County Commissioner Erin Kenny has testified that Triple Five paid her $3,000 a month for three years after she supported the Spring Valley casino.

Triple Five officials have denied any illicit deals with Kenny.
Dan Kulin can be reached at 229-6436 or at dan@lasvegassun.com.


Influx of high-rise condos starting to sway housing statistics

>An article that sheds some good light on the boom for once.


The housing market in Las Vegas is entering a period of extraordinary transition with the first real influx of high-rise condominium sales in May, a local researcher said Wednesday.

Larry Murphy, president of SalesTraq, said May's housing statistics offer "intriguing clues" as to why the much ballyhooed housing bubble has not burst in Las Vegas.
Advertisement

While the inventory of homes for sale reached an all-time high of 20,515 in May, about double from a year ago, it's a supply of six to seven months based on sales through the Multiple Listing Service. That's a relatively healthy market, Murphy said.

Prices have yet to diminish, as many predicted at the beginning of the year, he said.

Median resale prices are hovering around their all-time high at $284,950, a 5.5 percent increase from May 2005, and new home prices jumped 11.8 percent to $324,757. The number of new home subdivisions in the market declined for the second consecutive month.

Forty-eight high-rise condos closed escrow in May, including 40 at SoHo Lofts in downtown Las Vegas. That compares with 64 total sales in 2005 and 11 through April of this year.

"While the number was relatively small, it's a harbinger of things to come," real estate consultant Steve Bottfeld of Marketing Solutions said. "They're going to be closing all of building one at MGM Residences, 580-some units over the next two to three months. Panorama is closing, SoHo, Sky (Las Vegas). So suddenly this has all been coming and coming and now it's here. Start looking for that to be a regular and increasing number."

Combined with the slowdown in sales of lower-priced condo conversions, the uptick in high-rise sales will drive home prices significantly higher by the end of the year, he said. There were 352 condo conversion sales in May, a 29 percent decline from a year ago and less than half of January's sales.

Bottfeld forecast a drop in condo conversions at SaleTraq's housing seminar in January. He said the slowdown in conversions would push vertical construction, particularly midrise, to the market's forefront over the next two to three quarters.

The number of high-rise units coming onto the market will continue to rise as the first wave of new projects are completed, said Aaron Yashouafar, developer of the 45-story, 409-unit Sky Las Vegas condo tower on the Strip.

"Obviously, this is going to shoot up total sales volume in the Las Vegas area," he said. "This is a very exciting time for the Las Vegas residential market."

New home closings rose by a fraction in May from the same month last year at 2,933, according to SalesTraq. Year-to-date new home sales are up 8.9 percent. On the other hand, existing home sales are down 9.8 percent for the year. There were 4,163 resales in May, a 17 percent drop from a year ago.

Murphy said the big story is the number of incentives being offered by builders, including paying higher broker commissions, putting in free upgrades and paying for closing costs. "The list is getting longer every day, and for the last two months incentives are getting bigger," he said.

The first clue that there is no housing bubble in Las Vegas is price stability over the entire year, Bottfeld said. Price appreciation has dropped in markets such as Phoenix, Denver and San Diego, according to the Office of Federal Housing Enterprise Oversight. Over the fourth quarter of 2005 and the first quarter this year, appreciation in the Las Vegas market has risen.

Secondly, the new-home market in Las Vegas is beginning to compress in response to market conditions, he said. With fewer new home communities, the resale inventory will be absorbed quickly.

Murphy is less optimistic.

"This inventory will be with us for the rest of the year and will moderate the prices," he said.



Wet 'n Wild plot brings $450 million

http://www.reviewjournal.com/lvrj_home/2006/Jul-01-Sat-2006/photos/turnberry.jpg

>$4 Billion, not to shabby - if they build it. You know this reminds me... Seeing how all these CityCenter sized multibillion dollar projects are planned, it's nothing new. I remeber there was a plan for some sort of space themed hotel that would have costed $10 billion. Maybe the space idea may bring a laugh, but the price doesn't seem too high now these days does it?


Wet 'n Wild's former landlord said it has struck a deal to sell the 27-acre north Strip property for $450 million, and the buyer on Friday expressed its hope to build a $4 billion megaresort atop the longtime water park site.

A Securities and Exchange Commission filing from Thursday shows that Las Vegas-based Archon Corp. plans to sell the site next year to LVTI, a low-profile limited liability company incorporated in Delaware.
Advertisement

"The Wet 'n Wild site was like a gift," Chris Milam, an Austin, Texas-based developer who owns LVTI, said Friday. "There's nothing on it that needs to be torn down, and you get frontage on Las Vegas Boulevard and Paradise Road.

"Five years ago the north Strip was the lonely child, but now it's where everything is happening."

Milam's company would use private equity investors to build the 4,500-suite resort. Construction would begin in 15 to 16 months, with an approximately 3 1/2-year build out. He expects the as-yet unthemed property to open in fall 2010 or spring 2011.

Milam said the Paul Steelman Group will design the casino, while RTKL, a Baltimore-based retail design firm, will plan a shopping component. Skidmore, Owings and Merrill will design the hotel tower, he added.

Milam's group plans to operate the resort for approximately two years. It would then sell the property to an established gaming operator, or take the company public through a stock offering, he said.

"We've never done gaming before," Milam said, adding his partners would prefer to build up the property's value and cash out rather than act as a long-term operator.

Archon's SEC filing indicates that LVTI on Tuesday paid a refundable $5 million deposit.

Should the deal progress beyond a due diligence period ending July 24, a second deposit worth $40 million will be due Sept. 22, or whenever Archon mails its stockholders to confirm the deal at a later, undetermined date.

Monthly payments of more than $2.19 million would begin approximately 13 months after the $40 million is paid.

LVTI can only exercise its option to buy the land during a six-month period that begins one year after Archon receives the $40 million.

Should the company back out after July 24, Archon could keep the $45 million under conditions outlined in the deal.

Calls placed to Archon's office on Friday were referred to the voice mailbox of a corporate tax manager; she did not respond before deadline.

Milam, who is also president of an Austin company called IDM Properties, was recently linked to another Las Vegas resort development that failed to launch.

In October, then-Hard Rock Hotel owner Peter Morton named IDM developer of a $1.25 billion resort condominium project at Las Vegas' Hard Rock Hotel. That project was scrapped before Morton two months ago sold the Hard Rock Hotel and surrounding land to Morgans Hotel Group for $770 million.

Milam said his experience with Hard Rock whetted his appetite to do another project in Las Vegas. He said his company is also talking with Morgans in hopes of developing a condo project where Morton once planned to build.

Archon formerly owned the Sante Fe on Rancho Drive, though it sold that locals casino to Station Casinos six years ago.

Archon continues to own and operate the Pioneer Hotel & Gambling Hall, a 400-room property in Laughlin.

Wet 'n Wild, an aquatic amusement park, operated just south of the Sahara from 1985 through 2004. The popular summertime playground had several owners over the years, though in recent years it leased the site from Sahara Las Vegas Corp., an Archon subsidiary that has controlled the site since October 1995, according to Clark County property records.

In July 2004, Archon told Newport Beach, Calif.-based park operator Palace Entertainment to vacate the site at the end of the summer.

Archon initially planned to build a 3,250-room megaresort on the Wet 'n Wild site but that development never moved forward. The sole signs of life since spotted at Wet 'n Wild are the numerous semitrailers that temporarily park on-site between carrying goods to and from the nearby Las Vegas Convention Center.

Paul Lowden, Archon's chairman and president, controlled nearly 4.9 million shares, or approximately 76 percent of Archon's common stock, according to an SEC filing recorded May 4.

The filing said Lowden also owned 10,000 shares, or 18 percent, of its preferred stock.


the mother of all resort booms that's heading to a Strip near you

>Best. Article. Ever. It's great to be alive to see this happen.


One of the great things about covering Las Vegas business is the opportunity to witness gigantic projects move from concept to reality.

I've recently met with a number of top Las Vegas resort executives to learn about their plans to change the city's skyline.

For those of you in Las Vegas who think you are accustomed to the rapid pace of growth: Buckle your seat belts.

The last big wave of casino resort construction ended six years ago after Bellagio, Mandalay Bay, Venetian, Paris and Aladdin opened in a two-year span.

Since then the city has enjoyed a steady stream of property openings (Suncoast, Palms, Green Valley Ranch, Cannery, Wynn Las Vegas, South Coast and Red Rock Resort) that would be the envy of any casino market in the country.

But that stream is nothing like the flood of projects we're going to see open during the last few years of this decade.

They'll include: Sheldon Adelson's Palazzo, next to his Venetian; Steve Wynn's Encore, next to Wynn Las Vegas; the Cosmopolitan, just south of Bellagio on a thin slice of Stripfront turf; and Phil Ruffin's Montreux, on the site of his New Frontier.

Just those projects would surpass the size and cost of the resorts opened during the last resort boom.

But there's more - way more.

The city's three biggest casino operators are breaking out mammoth mixed-use projects: MGM Mirage's Project CityCenter, between its Monte Carlo and Bellagio; Boyd Gaming Corp.'s Echelon Place, on its Stardust site; and Harrah's Entertainment's soon-to-be-announced redevelopment of its prized center-Strip turf.

Those three projects may cost more than the combined construction costs of all of the resorts now open on the Strip.

In the locals casino market, Station Casinos and the Greenspun family, who own the Las Vegas Sun, are teaming up to build Aliante Station in North Las Vegas; Boyd Gaming has its own North Las Vegas casino site and expects to begin building a property next year near the Las Vegas Beltway interchange with Interstate 15.

That's not all. A couple of new entrants to the casino business plan to soon begin their own casino projects: Developer Garry Goett plans to build at the extreme southern end of the Strip near his Southern Highlands community; developer Anthony Marnell III has his own plans nearby; and the Edge Group is building a major megaresort with the W Hotel brand between the Aladdin and Hard Rock on Harmon Avenue.

Condominium king Turnberry Associates and former Mandalay Resort Group President Glenn Schaeffer plan to develop the former El Rancho site between the Sahara and the Riviera into a mixed-use resort, the Fontainebleau.

Recent meetings with Steve Wynn, Harrah's Chairman Gary Loveman, MGM Mirage Chairman Terry Lanni and Edge Group principal Reagan Silber make clear that the city will soon begin its biggest and most exciting growth spurt ever.

CityCenter's design is incredible. Two "leaning tower" condos on the Strip, a beautifully curved hotel tower with tons of clear glass and dramatic retail space are among the highlights.

The W Las Vegas resort will have a clean, contemporary look, and those with Southern California connections are already buzzing about Silber's deal to bring a Fred Segal store to the city.

Wynn plans to ratchet the luxury of Encore up a notch from his best-in-the-market Wynn Las Vegas, with bigger suites, better technology and refined design.

And Loveman promises that Harrah's redevelopment of the Center Strip will create the first group of resorts truly synchronized to create a distinct sense of place - an adult Disneyland, if you will.

We're just starting to see the beginning signs of the transformation of the city. As the foundations on these megaprojects get poured, steel gets erected, and dozens of cranes hoist the materials that make hotel towers climb toward the sky, take some time to absorb the scene.

You're witnessing history.

I love this town.


Misc Comments

>I heard SOHO should be open by now. Did you know that it's supposed to have a Ferrari/Lamborgini dealship on the first floor? I have to drive by it at night sometime to see the room lights all shining brightly in the building and finally see people living the urban lifestyle in downtown! Downtown still has a long way to go, speaking of Stanhi, I heard rumors Stanhi has been dramatically downsized. It's no longer the 700+ft tower anymore. Check it out on Las Vegas's high rise map on the city website.

Club Renaissance, I still like that building. But I hate that single house (or a house being used as a Bail Bonds store) that stands in the way of progress. As long as it's there, nothing will ever happen.

future29
Jul 3, 2006, 7:53 PM
I was in Vegas for the weekend and went downtown and noticed they are working on putting the gold facade on the Golden Nugget.

also, there is a Panorama salesman at the World Series of Poker at the Rio along with a large model on display. good idea in my opinion to try and sell there because poker players are exactly the type of clientel, in my opinion, the condos want to go after.

ScottG
Jul 4, 2006, 10:42 PM
JUHL BREAKS GROUND

http://www.manhattanization.com/news/juhl-las-vegas-groundbreaking-event.rub

ScottG
Jul 5, 2006, 8:00 PM
i watched an interview on the news on an mgm chairmen about future plans. circus circus was mentioned. they "wont demolish it because it is such a great property'. but it has alot of undeveloped land that can be utilized alot better.

once city center gets underway i;m sure something will come about the rv park, manor, and parking lot. he said there are no plans of now with the site, but in the future there will be.

ebatcave
Jul 6, 2006, 3:13 PM
Interesting rumor on the LV Business press:

Harrah's Entertainment might be positioning itself for a property swap with Boyd Gaming Corp. The land desired by Harrah's would be the 4.3 acres located on the NE corner of Flamingo Road and Las Vegas Boulevard, where the Barbary Coast stands. In exchange, Harrah's would offer up the Rio Suite Hotel & Casino, cash, and a casino to be named later (Westward Ho, anyone?). The acquisition would give Harrah's, owners of Caesars Palace and Bally's Las Vegas, full control of three of the four corners at one of the busiest gaming intersections in the world. Although it takes a few years for trades to be analyzed (see "Billy Ball" by Michael Lewis), Strip Tease likes Boyd as the immediate winner. The Rio site would give it 88 1/2 acres, a lot of it undeveloped, next door to its Gold Coast Hotel & Casino, and The Westward Ho site would give it 14 acres next to the $4 billion Echelon Place that will Boyd is scheduled to build where the Stardust now resides.

ScottG
Jul 7, 2006, 11:48 PM
STUPID MANHATTANIZATION.COM, they made it so you can't select text to copy.

they have a few new articles:

the status and plan for pinnancle:

http://www.manhattanization.com/news/pinnacle-las-vegas-unveiled.rub

the planns for the W site:

http://www.manhattanization.com/news/w-las-vegas-expansion.rub

GeorgeLV
Jul 8, 2006, 3:41 AM
STUPID MANHATTANIZATION.COM, they made it so you can't select text to copy.

they have a few new articles:

the status and plan for pinnancle:

http://www.manhattanization.com/news/pinnacle-las-vegas-unveiled.rub

the planns for the W site:

http://www.manhattanization.com/news/w-las-vegas-expansion.rub

You can select text just fine in Firefox, it's just IE that lets sites hijack basic web functionality.

Patrick
Jul 8, 2006, 6:27 AM
i drove past the site for planet hollywood towers.....it ain't under construction. the sierra desert has more action than this site. also, they took down the advertising along the fencing around the site...=/

the W sales off ice is HUGE! one block (about). they mean BUSINESS!

Uh-oh dosnt sound good....

ScottG
Jul 10, 2006, 3:16 PM
More Cirque For Vegas
The big budget Broadway hit “Hairspray” only played at Luxor for a couple of months before closing suddenly due to lackluster ticket sales, so the folks at the pyramid are turning to the tried and true for their next permanent production: yet another Cirque du Soleil show.
The news first broke on Steve Freiss’ The Strip podcast (www.thestrippodcast.com) in an interview with an MGM Mirage official. No formal announcement has been made yet, but follow-up articles in the Las Vegas Sun and elsewhere indicate that the show will feature a magic/illusion theme and may star Criss Angel, host of A&E’s “Mindfreak.”

This will bring the total number of Cirque productions to six on The Strip with “Mystere” at Treasure Island, “O” at Bellagio, “KA” at MGM Grand, “Zumanity” at New York-New York, and the new “Love” at The Mirage. A seventh production is already in the works for the new Project CityCenter complex featuring an Elvis theme.

The Luxor show will most likely debut in 2007. In the meantime they will fill the theater with a rotating schedule of headliners including a stint from Liza Minelli.

Big Plans (Again) for Former Water Park Site
The company that owned the land where the Wet ‘n Wild water park was (just south of The Sahara) had big plans for a water themed resort, but those never materialized. Now the land has been sold to yet another company with equally grand plans. A Texas based developer has reportedly struck a deal to acquire the 27-acre parcel of land for a whopping $450 million and wants to put up a $4 billion, 4,500 room resort with a casino, restaurants, entertainment facilities, and much more. Spokespeople for the company say they want to start construction next year and have the thing ready for customers by late 2010 or early 2011 but aren’t talking about any more specifics yet including a theme for the property, if any.

File this one under the “believe it when you see construction cranes on the lot” category, although if a rumored sale of The Sahara goes through to a more high-profile casino developer it could change things dramatically for the northern end of The Strip and add more weight to the proposed neighboring project

Planet Hollywood Makeover Well Underway
They’ve been talking for quite awhile now about the dramatic changes planned as The Aladdin becomes Planet Hollywood but it’s only been recently that any evidence of those changes has been visible to the naked eye. Now you can’t miss it as construction and remodeling has turned the place into a maze of temporary walls and scaffolding.

The front of the joint at the northern end has been completely gutted as workers revise the entrance to both the mall and the casino, while the exterior of the hotel tower is getting a fresh coat of blue paint as we speak.

Inside, a huge chunk of the casino has been walled off as they revamp it to the new, sleeker look and feel, leaving a ring of slot machines and table games around the closed center section. A temporary check-in desk has been opened on the second floor mezzanine level while they remodel the main lobby and is quite a schlep from just about anywhere so you have been warned if you plan on staying here.

The mall itself, currently an Arabian nights themed wonderland, has received only minor modifications but work should start soon on removing the Middle Eastern detail and replacing it with a more modern, high-end shopping district feel.

Revisions to the hotel and casino are expected to be mostly completed by late 2006 but the moral of this story is simple: if you plan on staying a the hotel any time in the next few months expect some inconveniences.

Bellagio Conservatory’s Train Show A Must-See
If you’re heading to Vegas any time in the next couple of months you have to put the Bellagio Conservatory on your list of “must sees.” Their latest installation features a toy train theme with dozens of chugging choo-choos winding their ways through the garden areas past replicas of everything from Mount Rushmore to the Capitol Building to The Bellagio itself (complete with a miniature fountain out front). The whole thing is done from flowers and other natural materials and at the center of the display is a massive Banyan tree with pathways in and around the foliage and under some dancing water geysers (you won’t get wet, I promise). It really is a lovely change of pace from the typical Vegas madness so don’t miss it.

Patrick
Jul 10, 2006, 6:57 PM
^I hate what Planet Hollywood is doing to The Aladdin, the tower looks horrible.

Patrick
Jul 10, 2006, 7:26 PM
UPDATES

Cosmopolitan Current Design Of Course, the first renderings are always better looking.... :( But still looks great :)
http://img144.imageshack.us/img144/6784/apic7gl.jpg

New Renderings for W Las Vegas :D I love this project!
http://img310.imageshack.us/img310/4797/apic0qg.jpg

http://img65.imageshack.us/img65/4660/apic2lp.jpg

http://img310.imageshack.us/img310/1549/apic2up.jpg

http://img118.imageshack.us/img118/3865/apic6zs.jpg

http://img67.imageshack.us/img67/2524/apic6nv.jpg

One Queensridge Place
http://img63.imageshack.us/img63/7117/apic1nq.jpg

One Las Vegas Underway

More Here:
http://www.one-lasvegas.com/constprogress/photo.pdf

http://img385.imageshack.us/img385/9979/apic2sj.jpg

Also new Model Shots of ONE Las Vegas
http://www.one-lasvegas.com/lifestyle/exterior/2.jpg

http://www.one-lasvegas.com/lifestyle/exterior/3.jpg

http://www.one-lasvegas.com/lifestyle/exterior/1.jpg

Downtown Joe
Jul 10, 2006, 8:26 PM
In case you were not aware, the County planning commission created set back rules for casinos, high rises and other tall structures. Ref chapter 30-56 Site Development Standards. Now let's see if they hold to such rules or allow lots of exemptions. They are in summary format (rules are more complex but here's a high level guideline):

Zero to 200 feet high = 17 foot setback
200 foot high = 80 foot setback
300 foot high = 113 foot setback
400 foot high = 146 foot setback
500 foot high = 180 foot setback


When you look at projects like Maxim and its oddly shaped foot print of land, the set back requirements are going to be very interesting. So far, nothing has been submitted for the Maxim project but they are digging like crazy on the land. Possibly removing all of the previous service station underground tanks etc.

I've been trying to find some information on this, but I can't find anything on the County's website. Any suggestions on where I can find out more?

ScottG
Jul 10, 2006, 9:56 PM
panorma tower three is under construction, there is now drilling cranes doing some work on site. :)

planet hollywood looks like aladin, they are even keeping the arched windows. the front entrance might save it - it is a complete demolision zone there, with the front of the mall/casino being takin down and some new parts added. The W is real nice- love the silver. i wonder if the design will change now they have twice the site size.

GeorgeLV
Jul 11, 2006, 6:05 AM
^I hate what Planet Hollywood is doing to The Aladdin, the tower looks horrible.

I agree, I'd even go so far to say that it's the worst eyesore in Vegas.

It's really sad because the first renderings of the Planet Hollywood makeover looked somewhat decent. The facade was supposed to have been replaced with a nice glass curtain wall. Instead, they cheaped out and put on a paint job that makes it look worse than before. It's even more ugly than the original salmon paint job of the Treasure Island.

Patrick
Jul 11, 2006, 7:50 AM
I agree, I'd even go so far to say that it's the worst eyesore in Vegas.

It's really sad because the first renderings of the Planet Hollywood makeover looked somewhat decent. The facade was supposed to have been replaced with a nice glass curtain wall. Instead, they cheaped out and put on a paint job that makes it look worse than before. It's even more ugly than the original salmon paint job of the Treasure Island.

If the Alladin was replaced with the Glass curtian wall it would match the Planet Hollywood Towers, imagine the ultra modern Planet Hollywood Towers next to the painted Aladdin.

That is if the Planet Hollywood Towers is still a go....

I loved the Aladdin the way it was, it was a great looking tower, looked great next to Paris LV, the back was a little strange though. But the Tower had a nice color at night, simular to Paris, which made both casinos stand out at night. :D

Also the Peach paint on Treasure Island wasnt so bad, the new look is much better, makes it stand out more, along with the sleek new "T.I." Sign.

ScottG
Jul 11, 2006, 4:03 PM
^^^^ you know what that got me thinking. at night planet hollywood MIGHT look nice with BLUE lighting. the strip doesnt have that yet...oh wait... bally's and that actually looks bads..... =/

nevermind.


blue looks great reflected, as metal or glass, blue painted concrete is the worsed! they should have painted it red if they have to paint it. a fire engine red! :P with blue accents. thats the planet way. lets see when thye put the globe up top.....

The_Analyst
Jul 12, 2006, 4:23 AM
The Aladdin looks just plain ridiculous--like a cheap attempt to capture attention, which is exactly what it is. Other casinos that went with an eyecatching color went all out (Luxor in black, MGM in green, Wynn in brown) and so maybe an all-blue building would not look bad. But, as it is turning out, just painting a part of the wall leaves it sort of goofy looking. As a coworker says, like putting lipstick on a pig.

That being said, at least it is comically ugly. On the other hand, there's One Las Vegas which is just plain boringly ugly. Anyone here from the East Coast? If those towers were clad in brown brick would that complex not look exactly like the housing projects built in the 50's in New York and Chicago? Plus they are so crammed together on the site that unless your unit faces out, you'll have nothing to look at except your neighbors balcony across the way. I hope the prices are reasonable. I cant imagine paying $600+ per square foot for a condo there. Even the name is boring.

ScottG
Jul 12, 2006, 3:14 PM
^^^ why didnt ONE go with ONE tower or two or three - taller towers- they would fit the same amount of units on the lot and have more acrage for pools landscape etc. and they could probably get more since the views would be better/higher up. and whats in a name? ONE LV there are FIVE towers, whatsa with the ONE?

ScottG
Jul 12, 2006, 4:03 PM
http://www.lasvegashighriseprojects.com/images/Img133.jpg

why is sky not facing the strip?

you would think it would be rotated 90 degrees so (like turnberry) it is looking down the strip, the way it was designed makes it face sunrise mountaint and the palms hotel..??

ScottG
Jul 12, 2006, 7:39 PM
while on the topic of strucenizing design:

we all know the palms fantasy tower is ugly, there are close to finishing now---all the glass cladding is done. now remember how there were always some glass missing form the front of the tower. it was assumed it was just not done, well, the parts on the front that was missing glass is actually randomly placed vents....

http://img127.imageshack.us/img127/9969/palmsfan4px.jpg

see the 'holes'

it really makes a distriaction when looking at the tower- its an eyesoar. just makin the thing look all the more UGLIER

LMich
Jul 12, 2006, 11:36 PM
Huh?! I love that design. At the very least it's mediocre modern architecture. I'd hardly call it an eyesore.

ScottG
Jul 13, 2006, 3:04 PM
jazfiger put on Vegastat that tibid i found about the a-symmetrical bellagio, about the ornaments not matching, :)
also check out the latest guess on the placement for the encore. interesting find about the 'path' created on the parking lot.

jazfingr
Jul 13, 2006, 11:42 PM
jazfiger put on Vegastat that tidbit found about the a-symmetrical bellagio, about the ornaments not matching, :)
also check out the latest guess on the placement for the encore. interesting find about the 'path' created on the parking lot.

Hi Guys, long time no post.

For the newer members who might not know to what Scott is referring, here's a link to VegasTodayAndTomorrow (http://www.vegastodayandtomorrow.com/) (known around here as Vegastat) and a link to the updates page (http://www.vegastodayandtomorrow.com/updates.htm)to find the items he discussed.

It was funny when I was talking to Steve Wynn during the Groundbreaking ceremony on April 28th. After the ceremony, the reporters attacked him with a barrage of stupid questions. They were from CNN and NBC etc. with video cameras and crews. I couldn't get more than a few pictures.

Then I noticed that Elaine Wynn was getting restless and wanted to get Steve inside the resort for the more formal after-party (to which I was not invited). His personal guard put his hand on Steve's shoulder (signaling him to leave). Steve kept talking, passionately to the reporters about Encore. I worked my way over to Elaine and asked her if Steve was an Aquarius because he was so into every aspect of his projects and loved talking about them. Steve heard me and turned to me with his eyebrow raised as Elaine replied "Yes, very Very Aquarius" Steve asked me how I knew, and I said "cause it takes one to know one".

This broke his dealings with the "real" press (lol) and he began walking with Elaine back to the resort. I walked along and asked him if the rumors about the existing and new tower making an 'S' shape were true. He said, firmly "NO!" as he stopped, turned around and faced the Stardust "the convex side of the curve will face the Stardust". Elaine tugged on his coat sleeve and I had about 15 seconds for one more question. "Have you seen my rendering of Encore?" I asked. He looked at me with that eyebrow raised again and said "rendering?" I told him where to find it as he was engulfed by his entourage.

Anyhow, with that and the strange tire tracks on the site, I came up with my new quick sketchup rendering.

OTHER NOTES:

-Yes, Planet Hollywood is now a pig with too much blue lipstick. :haha: what an eyesore. It was bad enough (architecturally). The only places you see blue on stucco is car washes, bail bonds and pawn shops.

-News Flash...a very reliable source has informed me that 888 is dead. You'll read it in the papers in a day or so. Too bad, I really loved that project :(

Well, I'm off to put that news on the site.

Bye for now.

Patrick
Jul 13, 2006, 11:51 PM
^ Wow you got to talk to the Steve Wynn lol :)

And Vegas 888 Dead!?? No!! Why? The Sales office was under construction wasnt it?

while on the topic of strucenizing design:

we all know the palms fantasy tower is ugly, there are close to finishing now---all the glass cladding is done. now remember how there were always some glass missing form the front of the tower. it was assumed it was just not done, well, the parts on the front that was missing glass is actually randomly placed vents....

http://img127.imageshack.us/img127/9969/palmsfan4px.jpg

see the 'holes'

it really makes a distriaction when looking at the tower- its an eyesoar. just makin the thing look all the more UGLIER

The tower isnt so bad, but I agree those vents dont look very nice, the tower is great, its so modern, like a completly separate hotel from the Palms.

Reverie
Jul 14, 2006, 12:34 AM
Town Square Las Vegas

>I just love this project, yea it's not a high rise but it'll be someplace that I'll actually be able to go to for the many amenities and shops they will have there. Did you know there will be a hotel onsite as well? Called the "town Square Hotel" for now, this boutique hotel will simply be another piece of this 1.2 million sq. ft. complex. Turnberry really gets things done as steel is everywhere.

http://www.turnberry.com/property.php?pageName=hospitality&propId=122
http://www.turnberry.com/property.php?pageName=retail&propId=121




***Encore is already well into the excavation phase, as can be seen through the fence on LV blvd. There is dirt moving by the truckloads and a pretty deep hole can be seen. If someone could get an aerial photo of it now, you would be able to finally confirm or deny the tower's final placement on the property.

jazfingr
Jul 14, 2006, 12:47 AM
The VEGAS 8 8 8 sales office was open two months ago and it was beautiful.
There are pics of it on my 888 page (http://www.vegastodayandtomorrow.com/888.htm).

Since this cancellation is a rumor (a very strong and reliable rumor) I hesitate to report it on the site. Who knows, maybe the source is an Evildoer trying to stir up bad press. I think I'll wait for the official announcement. But, you heard it here first...damn-it!

The Palms tower is OK, not great. The vents could have been designed better, and the overall design does not compliment the original tower, rather, it makes the old tower look dorkier. The original design for the second tower was better. And the third tower, Palms Place, although nice, does not compliment either of the other towers. The whole place is a mismatch. But, so is the clientele. Young hotties sportin' butt-crack partying next to blue haired old ladies playing video poker. I digress..

jazfingr
Jul 14, 2006, 12:51 AM
Town Square is nice but I really sick of Mediterranean architecture, it's everywhere.

ScottG
Jul 14, 2006, 3:04 AM
with all this talk about the palms, i wouldnt be suprised if they bought the land from 888.

great to hear from you again jazfigr

jazfingr
Jul 14, 2006, 3:10 AM
Hi Scott

I need construction pics pleeeeese anyone, I'm trapped in the OC and won't be back in Vegas for a while.

OK, I just received an email from an employee at Wynn. He claims the tower will curve the other way. So, maybe a shot from the top of the parking garage will unveil the truth.

Any takers???:D

As for the 888 land, I guess either Maloof (Palms) or Boyd (future Rio owners) would be very interested.

ScottG
Jul 14, 2006, 3:32 AM
ok so here is ANOTHER hotel proposed from a vegas investor. this one is BIG, something never brought to the table before. something never thought of doin. where can it go you ask? maybe on the vacant lot across form the saharah? NO. Riviera replacement? NO. Tropicana? NO. Downtown- nope. Harmon- nope. henderson? summerlin. NONO.

a vegas investor is putting a hotel......IN SPACE!

an off the wall way to 'expand' the strip.
if the guy who wanted the MOON RESORT in vegas failed maybe he'll like this. a resort, by the moon.....

http://www.klastv.com/Global/story.asp?S=5149383

illmatic774
Jul 14, 2006, 4:37 AM
oh jesus christ...

down with the crackpipes, people!

Reverie
Jul 14, 2006, 4:44 AM
^I'm familiar with Bigalow and his space capsules. Neat stuff. The first hotels probably won't be any 5 star bellagios, but the experince of being in space itself would be more than enough. Have you heard of Virgin Galactic? You can already buy tickets for short rocket rides into space.

http://www.virgingalactic.com/

Trump Tower Two

>I'm sure many have noticed by now Trump 2nd tower is nowhere near even breaking ground yet, not to say under consturction as some have thought. However, the past few days, the news reports camera crews (for filimg of trump's show "The Apprentice", along with sightings of Ruffin and Trump at his sales office suggest they are planning to advertise or even feature the tower in the show, as a way to jump start sales for the 2nd tower...

Speaking of Trump, Tower one sure looks golden. I mean Mandalay and MGM Signature are gold too, but their windows are broken up by lines and such. Not Trump's tower. It'll look like a giant gold bar soon enough!

ScottG
Jul 14, 2006, 5:59 PM
check out the AWSOME animation for the pinnacle....

and new renderings and website.....http://www.thepinnaclelasvegas.com/tour.php

http://img396.imageshack.us/img396/1209/untitled2fx.png

this project is getting better and better. i real would like to see this one get built!

ScottG
Jul 14, 2006, 6:03 PM
looks like panorama tower 1 is FINALLY taking down its crane.

Patrick
Jul 15, 2006, 12:32 AM
ok so here is ANOTHER hotel proposed from a vegas investor. this one is BIG, something never brought to the table before. something never thought of doin. where can it go you ask? maybe on the vacant lot across form the saharah? NO. Riviera replacement? NO. Tropicana? NO. Downtown- nope. Harmon- nope. henderson? summerlin. NONO.

a vegas investor is putting a hotel......IN SPACE!

an off the wall way to 'expand' the strip.
if the guy who wanted the MOON RESORT in vegas failed maybe he'll like this. a resort, by the moon.....

http://www.klastv.com/Global/story.asp?S=5149383

I give him a month....

ScottG
Jul 15, 2006, 1:51 AM
RTC Adopts $11 Billion Road Improvement Plan

July 14, 2006 04:01 PM PDT



In the next 25 years about $11 billion will be spent on improving transportation in Las Vegas. The Regional Transportation Commission adopted the plan Thursday.

The plan includes widening freeways and streets and extending bicycle lanes in Southern Nevada.

Part of the plan includes widening I-15 up to 8 lanes both north and south of the city and up to 14 lanes past the Las Vegas Strip by 2030.

It will also widen the Summerlin Parkway to 8 lanes.

Several major thoroughfares would convert to superarterials like Desert Inn.

Money will also be spent on air quality improvements.

The plan only gives $960 million to transit improvements.

ScottG
Jul 15, 2006, 4:07 AM
http://www.eastvillagelv.com/home.html

you guys who play around in google earth. sketch up

you will appriciate the new intro to the east village website, also check out the renderings, elevations, and floorplans. this place with go in complete competition with turnberry's town square. yet town square is under construction and east village is not (or is it, if i remember correctly maybe there is work being done onsite-cant recall)

also on the VEGAS GRAND website there are ariel photo of the progress they have madde on excavating the wash into a concrete tunnel. yet there hasnt been any activity since they completed that a while back....

http://www.vegasgrand.us/

(in the top right corner click ariel photos)
.....

heres a nice map of MGM and the signature towers.....



http://www.signaturemgmgrand.com/images/map.gif

notice the blank area to the right of the three towers....

Reverie
Jul 15, 2006, 5:20 PM
^SCOTTG, the empty lot next to the 3 MGM towers will of course be the space for the two new towers, each 550ft tall and also built by Turnberry in cooperation with MGM. 5 towers in a small area - density!! Well for a project excluding Citycenter of course.

Spanish View Towers work halted; Vegas 888 shuts sales office

>Well, this confirm's Jazfingr's rumor the other day. What a pity. As for the Spanish Towers, wouldn't this be the first project to actually be suspended during actual construction? Having it cancelled after a crane is already up seems absurd, they obviously have to finish what they started.


Jul 15

By HUBBLE SMITH
REVIEW-JOURNAL

One high-rise condo project has halted construction pending new financing and another has closed its sales center, sources said Friday.

Construction of Spanish View Towers in the southwest Las Vegas Valley stopped for two weeks and should resume sometime next week when the developer closes escrow on a new loan, David Berg of Prudential Americana said.
Advertisement

A skeleton construction crew, under supervision of general contractor Ledcor, remains on the 15-acre site doing small jobs. Liens that have been filed against the project should be released next week, Berg said.

"There will be some major lawsuits for nonperformance," he said. "It'll be names people will recognize."

Developer Rod Yanke told the Review-Journal in January that the $300 million project was primarily financed by hedge funds in New York. Three 18-story towers with 444 luxury condo units are planned for Spanish View, with prices from $800,000 to $6 million.

Meanwhile, Vegas 888, a high-rise condo tower planned for 10 acres at Flamingo Road and Valley View Boulevard, has closed its sales center, broker Bruce Hiatt of Luxury Realty Group said.

Florida-based Del American, developer of Vegas 888, ran into financial problems with its first project, Vegas Grand, which is under construction at Flamingo and Swenson Street.

Rising construction costs and permitting delays forced Del American to cancel reservation contracts last year and reprice the units about $100,000 higher, prompting a class action lawsuit by many of the buyers.

The Vegas 888 site, purchased for about $50 million, is reportedly up for sale.


Reception kicks off juhl's ascent

http://www.lvnewspapers.com/realestate/REJul-15-Sat-2006/images/1018024.jpg
*You can make it out but that's steel behind him in this photo.



City officials, future residents witness milestone in development of mixed-use, mid-rise property


Home buyers, Las Vegas city officials and media representatives recently came out to the juhl site in celebration of the start of vertical construction.
Advertisement

Rich Gustafson, president of developer CityMark Development, thanked the city for its support of the mid-rise project that combines residential and retail units.

"We could not be more excited that this monumental development is truly under way in the heart of Las Vegas," Gustafson said. "juhl most certainly will play a pivotal role in the redevelopment of downtown. Sales continue to sharply exceed expectations. People are really excited about living downtown, and with this project going vertical it won't be long before the corner of Bonneville (Avenue) and Fourth (Street) is bustling with happy homeowners who will be able to walk to work, shops, museums and their evening entertainment venues."

juhl home buyers celebrated at their own event later that evening in the sales office.

"We are thrilled to see such a positive response from our home buyers," Gustafson said. "A celebratory event was in order to express our appreciation and excitement about this venture moving forward."

juhl will make a distinctive mark on the downtown skyline, rising six to 15 stories with a glass-enclosed lobby accessing a series of six buildings of varying heights and facades.

Residences range from 616 to 2,500 square feet with warehouse lofts, mid- and high-rise lofts, townhouses, flats and penthouses.

Units feature exposed mechanicals and concrete surfaces. Additionally, the lofts feature 10-foot floor-to-ceiling windows; private patios or balconies; energy-efficient air conditioning; high-speed Internet access; Grohe chrome plumbing fixtures; island kitchens with granite slab counter tops, maple cabinetry and stainless steel appliances.

Prices start from the high $200,000s.

Common amenities include a two-story fitness center, landscaped rooftop courtyard with a spa and 75-foot pool, and a ninth-floor viewing deck. There is also a multi-level parking structure with gated access, 24-hour security and 24,000 square feet of retail space.

The surrounding area features boutiques, art galleries, restaurants and gaming properties, all within walking distance.

To visit the information studio, take Interstate 15 to Charleston Boulevard, head east to Grand Central Parkway, go north to Bonneville, then head east to 255 E. Bonneville. The studio is open from 10 a.m. to 6 p.m. daily except Mondays, when it opens at noon.

Patrick
Jul 15, 2006, 7:04 PM
Thats a shame, Vegas 888 was a real nice project

GeorgeLV
Jul 16, 2006, 1:09 AM
heres a nice map of MGM and the signature towers.....



http://www.signaturemgmgrand.com/images/map.gif

notice the blank area to the right of the three towers....

I posted the agenda info back in April...here it is again

49 floors, 580ft, 1,700 room hotel/casino once one of the MGM Grands parking lots.

http://dsnet.co.clark.nv.us/dsnetapps/agendaweb/Data/P0174917.htm

Two more condo towers at the MGM
45 floors, 550ft, 576 units per tower. On the theme park land next to the u/c Signature @ MGM condos.

http://dsnet.co.clark.nv.us/dsnetapps/agendaweb/Data/P0175647.htm

GeorgeLV
Jul 18, 2006, 12:26 AM
Driving down the I-15 I saw a Beazer Homes billboard proudly advertising "new communities in Pahrump, Indian Springs, and Logandale."

ScottG
Jul 18, 2006, 6:21 PM
check out the updated CURVE website...

http://www.thecurvelv.com/

LMich
Jul 18, 2006, 11:30 PM
The Curve has been cancelled for months, now.

WonderlandPark
Jul 18, 2006, 11:34 PM
damn, 888 was one of the best projects on the boards. oh well.