LAS VEGAS | Boom Project Rundown! 2.0

[philip]

Originally Posted by sky-of-webs

I will again say this project will not happen above 900'.
But I find it very disturbing what you just mentioned about residents on The Strip. The Strip has never been a residential corridor and for people to buy on The Strip now and have a say as to what hotel, casino, and condo projects are agreeable is going to be a major negative turn of events.
You have bought a unit on the Strip and now you are playing the NIMBY game. It's okay on Harmon but not by my place.
It is bad enough that all the newcoming residents don't like what vegas is all about and halted neighborhood casino-hotels but now they'll be able to stop them on the Strip as well.!!!
You can't complain about airflights over your house if you buy a new place at the end of a runway that has been there for fifty years, and to complain about a projects on "The Strip in Las Vegas", come on. And if Turnberry residents got The Fontainebleau changed, then the negative effects of residential voice has already begun. GREAT!!!!

If it becomes so difficult to build a hotel on the strip because of all the NIMBY, I think corporations will just build casino hotels elsewhere, or maybe creating another strip.

[sky-of-webs]

True but only slightly possible. The newcomers have already put a stop to neighborhood hotel casinos, and the remaining resort zoneable areas are very small. A Strip size project is not very viable as a stand alone property, they need the walk in foot traffic.

[BruceH]

Originally Posted by VegasMatt

^^^ Ditto - On a street where buildings often don't reach there 50th birthday, I've always questioned the sensibility of allowing permanent residential components to The Strip. I believe this will be the first of many foreseeable problems to adding mass residency to the boulevard. Adding residents to resort properties seems even nuttier to me. I’m not sure why all the new resorts are jumping on the bandwagon before someone has tested the waters with this new residential/resort idea. Has anyone this model elsewhere? I mean for a meaningful amount of time???

I suspect future changes to a residential/resort property would be a legal nightmare.

That being said, I don’t hold anything against anybody buying on a condo the strip –it’s a great idea.
I’d get myself one if I could.

Trump NY has had condo-hotel residents for some time. The casino hotel developers have discovered that having the buyers in effect front a good percentage of the development costs by paying for condo-hotel units is a great deal for them. Vegas has a lot of transient visitors and many of the condo hotel buyers complain to us they cannot find a room in their preferred hotel when they want to come to Vegas. That changes when you own your own room and can rent it when you are not in Vegas or keep it all to yourself. With 24 hour room service and other great amenities, the condo-hotel business is here to stay for a very long time. Likewise for residential condo living on the Strip. Like Ocean Drive or Park Avenue, buyers want to live on the Strip and there's a lot of global money looking for that type of product. Expect to see a lot more high end residential projects in the future. Allure's second tower will now be condo-hotel. Echelon will have them and so will Fontainebleau just to name a few. Conrad will have residential Waldorf-Astoria residences on the top floors and codno-hotel unit on the lower under the Conrad name.

[Patrick]

Searched Flickr:

MGM Residents, a little crunched up


Trump Lookin Good


Again with Trump


Palazzo now Huge!


Allure & Newport almost topped off


Aladdin All white


Turnberry Topped Off


Project CC


Sky Topped Off


Panorama


Bonus Old Shots

Paris 1998


Stratosphere 1994?


1998-1999

[ScottG]

^^^ that strat shot is weird- it looks like the 3 legs are aligned with each other....i wonder if it was taken with a fish lens camera?

turnberry tower 1 looks real different then other towers- the architecture doesnt change at all from bottom to top....i dont think i like that th eelevator shaft is exposed- they should have put long balconies around them - i'm sure the tenants would like that.

Trump seems to be taking a long time........

[The_Analyst]

Originally Posted by BruceH

With 24 hour room service and other great amenities, the condo-hotel business is here to stay for a very long time.

I think condo hotels and regular condos on the Strip are attractive to a lot of people and do help defray the capital cost of building these resorts. However, the Strip has always been a place of dynamic change every decade or so. Step 1) Tear down something old, Step 2) Put up something better, Step 3) Repeat steps 1&2 every few years. Permanent residents will get in the way of that cycle. Is that a good thing or not? Hard to say. If the Jockey Club had had several towers and sprawled over more than just a sliver of Strip frontage, would Cosmopolitan have been possible? If the Boardwalk had been condos instead of a hotel, would City Center be happening? There's still plenty of wide open possibilities, of course, but over time with more permanent residents, the resorts will find fewer opportunities to build bigger and better. I guess we can always look to Laughlin...

[ScottG]

the mindset of out with the old in with the new wont last long. in 30 years WYNN wont be torn down....meaning- the 'older/ rat pack' hotels are being done away with and replaced with modern buildings. these 'modern' hotels wont be replaced. they had to get rid of the older hotels because house small they were. a 1000 room hotel is not taking advantage of the demand in vegas. the palazzo being what 3000 plus rooms wont be torn down because it it taking advantage of the demand. that is why the wave of tearing down hotels wont last.

each hotel that was torn down was replaced by some thing BIGGER- and not just grander.... as far as a demand exceeding the rom to grow, the strip will exceed into fremont and downtown will truly become a city's center. or harmon with grow...density will take place. and vegas will e 'manhattenized.'

there are only a handfull of hotels that would be torn down...and those are the ones that are smaller- therefor not attracting as many visitors......tropicana, saharah, riveria.....while mostly being 100 percent occupied, they can occupy alot more. look at circus circus- one of the most profitable properties. but if they build bigger towers (and keep the child freindly crap) they generate more business.

that is why excalibur would never be torn down. its HUGE and utilizes the property well. it has a maxumun amount of towers on the lot, and it popular.

the riviera- has a huge lot and can become a large hotel, same with saharah- and definilty circus circus....oh an di forget about new fornteir as well.

for example look at whats is proposed for tropicana....9000 rooms?! that insane, it would be the largest hotel in US and the largest in the world i think- if you include the existing towers....

[VegasMatt]

Harrods, the London retail shopping giant, is getting closer to unveiling plans for a long-rumored Las Vegas project.

A model of Harrods Las Vegas already is on display at the London department store, and a rendering can be seen on the architect's Web site at www.william-mitchell.com (click on Harrods).

Rumblings continue that an early 2007 announcement is planned.

Owner Mohamed al-Fayed has confirmed that talks were under way more than a year ago, saying the huge replica will be part of "one of the most important developments there."

In the interview, he revealed it will include "a wonderful hotel and casino and shopping arcade."

That sentence is fueling speculation that the ritziest of all Ritz hotels will be the centerpiece of the project. Al-Fayed owns the Paris Ritz, which was constructed by Jules Hardouin Mansart, the architect of Versailles.

Al-Fayed previously acknowledged that he's had discussions with MGM Mirage about a large project that would tie in London landmarks.

[ScottG]

Wynn Dealers Hold Demonstration

Nov 24, 2006 02:41 PM PST

Build Your Own Newscast

Wynn Dealers Protest Tip Sharing






Also on LasVegasNow.com

Steve Wynn Changes Rules on Casino Tips







Dealers at Wynn Las Vegas staged another protest against the casino's new tip pooling rules.

Dealers have been fighting the tip sharing policy since it was changed in September. On Friday, they held a peaceful demonstration on Las Vegas Boulevard asking other dealers for their support.

Wynn Las Vegas requires dealers to share a portion of their tips with pit bosses to close a pay gap between the two. The dealers argue the policy is unfair and takes away their hard earned tips.

[Daquan13]

Originally Posted by mdiederi

Halloween 2006. Last night of business for the Stardust, which will soon be reduced to dust.

I didn't know that Stardust was closing.

What a damn shame!! Another victim of the clocking block!

What is being put there in its place?

[mdiederi]

Originally Posted by Daquan13

I didn't know that Stardust was closing.

What a damn shame!! Another victim of the clocking block!

What is being put therte in its place?

ECHELON

Fact Sheet .pdf

• $4,000,000,000 construction budget
• 5,300 total hotel rooms in 5 towers

Echelon Resort Tower & Suite Tower
Shangri-La Hotel
Delano Hotel
Mondrian Hotel

• Casino (140,000 sq. ft.)
• Las Vegas Expo Center (1 million sq. ft., 200 meeting rooms)
• Retail Prominade (350,000 sq. ft.)
• 2 theaters (4,000 seats & 1,500 seats)
• 25 restaurants and bars
• 4 spas
• Opening 2010

[JonVegas]

"Wynn Dealers Protest Tip Sharing"

Good for them. The rules are not only bad for the dealers but also for the patrons. If I give someone an extra large tip because they were a very friendly/helpful dealer, why should he/she have to share it with a dealer who just doesn't care.
It removes the incentive to go that extra mile and nullifies the entire concept of giving a gratuity.

[Downtown Joe]

Re: Harrods - any guess on the location?

[lfc4life]

Re: Harrods

There is talk about the MGM owned strip of land just past the Tropicana.

[future29]

that would suck for Harrods. That piece of land is out of the way in my opinion. The hotel would be an afterthought, plus its right next to the runway of McCarren. Who owns the land across the street from City Center on the Strip? I would like to see these run down street shops closed. every time i drive by this section, it seems it is filled with underage teens who are there just loitering. Why cant MGM by this piece of land and put Harrods there? or fit it in somewhere on the circus circus property.

[jazfingr]

The Harrods rendering is on a plot that is shaped exactly like the MGM-owned land across from Luxor. This is the only MGM land on the strip which is large enough for this project. I did a quick photoshop mock-up.

[ScottG]

thats pretty nice^^^ but the scale looks off- but i'd agree- this project could only go on that land, and thats is a good place to develope.

[GeorgeLV]

It's pretty obvious the Harrod's project design was made for a height-restricted property. I wouldn't be surprised if jazfingr has correctly placed it.

[VegasMatt]

In a use-permit request that went before the Clark County Planning Commission on Nov. 20, Harrah’s announced that “the existing Roman Forum, an enclosed courtyard with a bar/lounge in the center, will be demolished” to be replaced with 37,000-plus square feet of additional casino floor, along with three times that amount of restaurants, retail, convention space and other commercial uses. The casino expansion will be augmented along the Strip with a “pedestrian promenade … featuring 14 small and large decorative fountain [sic] surrounded by landscaping.”

Underneath the promenade, Caesars will excavate a parking garage, with 389 valet-parking spaces. Meanwhile, on the southwest corner of the Caesars site, Harrah’s proposes a 295-foot-tall, 29-story, 1,017-room hotel tower. The as-yet-unnamed high rise will bring Caesars’ room total to 4,388. No timeline for construction was disclosed. Asked to elaborate on the planned expansion, Harrah’s declined comment.

[Patrick]

^ Ugh not again. Caesars is using all of its land way too fast. Next thing you know the older towers will be demolished.