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  #1  
Old Posted Aug 27, 2014, 10:33 PM
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LAS VEGAS | Alon | FT | 26 & 17 FLOORS | CANCELLED

MOMENTUM ON THE STRIP: CROWN RESORTS TO BUILD A CASINO AT NEW FRONTIER SITE


The site of the New Frontier — a casino imploded seven years ago — has been sold to Crown Resorts.


Quote:
When SLS opens in a few weeks, replacing the former Sahara at the northern tip of the Strip, it will be a big deal. But now we know it’s just the beginning of what appears to be a major momentum shift.

On Monday, Australia’s Crown Resorts announced the formation of a new company that has acquired controlling interest in the 34-acre Strip parcel where the New Frontier was imploded in 2007. The cost: $280 million. The players: Crown billionaire chairman James Packer, who has sought a presence on the Strip since before the recession; hedge fund giant Oaktree Capital; and Andrew Pascal, co-chairman and CEO of the new company. The plan: build a brand new Las Vegas casino resort to open in 2018.

The site is directly across Las Vegas Boulevard from Wynn, where Pascal—Elaine Wynn’s nephew—was once president and chief operating officer.

If a potential casino family feud isn’t enough to get you excited about this project, consider that it could open immediately after the first phase debut of Malaysian company Genting Group’s Resorts World Las Vegas, the $4 billion, 3,000-room project next door.

The addition of two brand new hotel-casino mega-projects from two new, different operators is an earth-shaker; the fact they’ll be right next to each other on the long-dormant northern end of the Boulevard is almost too good to be true.

The energy on the Strip north of Spring Mountain will soon be overwhelming. SBE chief Sam Nazarian looks like an oracle for turning Sahara into SLS, and MGM Resorts’ City of Rock festival development across the street seems pretty smart, too. Rejuvenation awaits Circus Circus and the Riviera, and it’s probably just a matter of time now before Carl Icahn sells or develops the aborted behemoth Fontainebleau. Exciting times are back.
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Aug 4, 2014
http://www.lasvegasweekly.com/as-we-...sino-new-fron/
http://www.reviewjournal.com/sites/d...?itok=qlapYweM
     
     
  #2  
Old Posted Aug 28, 2014, 5:34 AM
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glad to see vegas is back on track
     
     
  #3  
Old Posted Sep 2, 2014, 12:08 AM
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Quote:
Originally Posted by Yackemflaber69 View Post
glad to see vegas is back on track
Indeed. Some of the developers before the 2008 recession are planning numerous projects. The pipeline essentially looks good for Vegas. With record tourism, which is increasing ever so fast, I expect many more developments to be announced. I'll be sure to keep tabs on it.
     
     
  #4  
Old Posted Jan 18, 2015, 12:10 AM
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Are there any renderings?
     
     
  #5  
Old Posted Jan 18, 2015, 5:58 AM
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Not that I'm aware of. Probably sometime this year. Right now its more about the economics of building it. If its feasible or not for Crown Resorts Australia.
     
     
  #6  
Old Posted Jan 18, 2015, 6:30 PM
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Is this the site where they proposed Las Vegas Plaza which was canceled?
     
     
  #7  
Old Posted Jan 18, 2015, 6:34 PM
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Quote:
Originally Posted by RST500 View Post
Is this the site where they proposed Las Vegas Plaza which was canceled?
Yes. For the other tower, 601 fremont, that is in the old downtown. For this, yes that is the site. Its right near the trump international. Below, I posted some images or maps of the area. Post 9.

Last edited by chris08876; Jan 18, 2015 at 8:06 PM.
     
     
  #8  
Old Posted Jan 18, 2015, 7:26 PM
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Any chance somebody could link to a map to show where this actually is? I have a general comprehension of the layout of Vegas, but would like a more precise detail. Thanks.
     
     
  #9  
Old Posted Jan 18, 2015, 8:03 PM
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  #10  
Old Posted Jan 18, 2015, 8:16 PM
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Used google earth to take a shot of the area:



Resized it. Normal image is 2.5k resolution.
     
     
  #11  
Old Posted Jan 18, 2015, 9:26 PM
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^^^ Great, thank you! That's roughly where I thought it was, but appreciate the detailed location.
     
     
  #12  
Old Posted Jul 10, 2015, 2:07 PM
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Note: This will most likely change and its not all of it. More to come...

Vision for Alon Las Vegas, resort on former New Frontier site, is filed with county



Quote:
Australian casino mogul James Packer has laid out his vision — or at least part of it — for the Strip's latest megaresort.

Plans filed with Clark County late last month show a two-tower, 1,100-room project called Alon Las Vegas to be built on the vacant 34.6-acre site just north of Fashion Show mall, where the New Frontier once stood. Packer's group acquired the property almost a year ago.

One building is called the “VIP Tower,” and the other, taller building is called the “Resort Tower.” An architectural drawing shows plans for villas, the "Black Box Theater," a nightclub, a ballroom and a pool. But other details about the property's main features and amenities were apparently not disclosed.

Among other things on file, a letter by James Noel, executive vice president of development, to the county’s planning department divulged almost nothing beyond the project’s name, the number of rooms it will have, and the number of Nevadans it’s expected to employ — 4,500.

“Central to our vision for the resort is the careful consideration, creative exploration, detailed definition, and uncompromising execution of the resort experience,” he wrote in the letter, dated May 28.

The filings comprise a pre-application for the resort, and Clark County commissioners have not scheduled any hearings on the matter, said Dan Kulin, county government spokesman.

Efforts to reach the developers for comment today were unsuccessful.

A company official released a statement quoting project partner Andrew Pascal in which he repeats what Noel wrote.

“Central to our vision for Alon is the careful consideration, creative exploration and uncompromising execution of the resort experience,” Pascal says in the statement. “We are building a team of seasoned industry operators, entrepreneurs and global designers who bring a fresh, new approach to what we think the future of Las Vegas should be.”

Packer, the billionaire chairman of Crown Resorts, teamed with Pascal, a former Wynn Resorts executive, and investment giant Oaktree Capital Management to acquire a controlling stake in the north Strip site last August.

They foreclosed on 18.4 acres of the property, county records show, and reportedly are renting the remaining 16.2 acres from longtime owners the Elardi family.

When they announced the acquisition, the developers said they expected to start building a resort there in late 2015 and to finish in 2018. They did not disclose other details, including what the property would be called or what it would feature.

The portion acquired through foreclosure had been owned by Israel’s El-Ad Group, which bought the New Frontier in 2007 for $1.24 billion from casino mogul Phil Ruffin and imploded it.

The company wanted to replace the old haunt with an $8 billion luxury hotel similar to its Plaza Hotel in New York, but its plans flopped with the recession.

Packer’s group reportedly paid $280 million for the site, which is just south of where Malaysia’s Genting Group is building Resorts World Las Vegas, a Chinese-themed megaresort.

Genting bought the 87-acre, partially built site for $350 million cash in 2013 from Boyd Gaming Corp. The Las Vegas-based casino owner had been building the Echelon resort there but mothballed the project in 2008.
============================
http://vegasinc.com/business/real-es...ew-frontier-s/
     
     
  #13  
Old Posted Sep 30, 2015, 11:34 PM
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Updating the Lake, the Towers and the Bungalows at Alon Las Vegas

Quote:
More updates on Alon Las Vegas, hopefully headed to the former 34.6-acre Strip site of the New Frontier. The $8 billion project from owners Crown Resorts is still three years away from completion, but they are pushing hard to lock-in plenty of major details.

Aiming to attract a luxury clientele, the resort will feature two distinct and seemingly separate operations. A twin tower design, the resort will host 1,100 rooms, with the main tower rising 26 floors high and and the shorter VIP tower settling for 17 floors. 900 guest rooms fill the resort tower and 188 larger spaces create the VIP world. There will also be 6 bungalows, and 6 suites, dubbed "maisonettes" for those who are even more "VI" than regular VIPs.

VIP vehicle access will be provided via the north side on Resorts World Drive, while regular folk will gain access via the southern facing, Fashion Show Drive.

The towers look down on a 124,285-square-foot man-made lake, much larger than previous reported. There's no swimming permitted in the lake, but the regular tower gets one large pool and the VIP section has its own private pool. Everyone can attend concerts, dinners and functions on the forthcoming lawn area.

Also on the way, four 12-foot square water features placed close to Las Vegas Blvd., where a 62,459-square-foot stretch of outdoor retail stores is envisaged.

New paperwork plots the casino gaming area as 27,776-square-feet, a downgrade in size from earlier plans and equivalent to the 30,000-square-foot casino floor at the Downtown Grand, but under half the size of close rival SLS Las Vegas.

Still planned, a 56,247-square-foot day and night club to be overseen by Jessie Waits, the former managing director of Wynn's Tryst Nightclub and Encore's XS Nightclub and a "black box" theater, with room for 500 guests that Waits says he is also curating.
========================
http://vegas.eater.com/2015/9/9/9295...alon-las-vegas
     
     
  #14  
Old Posted Dec 2, 2015, 1:45 AM
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Work is underway at Alon Las Vegas, formerly New Frontier, on the north Strip



Quote:
Work crews are in action at the Alon Las Vegas site, as the north Strip hotel-casino slowly begins taking shape and a rival newcomer shows little progress next door.

Construction of Alon hasn’t started, but laborers this week were moving earth at the 34.6-acre property just north of Fashion Show mall, where the New Frontier once stood. They’ve also removed landscaping along Las Vegas Boulevard.

Workers are surveying and cleaning the site, and media will be invited to speak with Alon CEO Andrew Pascal and other officials “early next year when we share details of the project,” Alon vice president of entertainment Jennifer Dunne said.

“Until then, we are not granting interviews,” she said in an email. “Thank you for your interest and for your patience!”

Efforts to reach Pascal this week through his online gaming company Playstudios also were unsuccessful.

Australian casino mogul James Packer's Crown Resorts and Pascal, a former Wynn Resorts executive, are developing the 3.4 million-square-foot, 1,100-room resort. Clark County commissioners last month approved use permits, design reviews and other project plans.

Alon is slated to feature a 26-story tower and a 17-story VIP tower; a man-made lake; about 27,800 square feet of casino space; 84,800 square feet for conventions; bars, restaurants and retail; and the “Black Box Theater,” according to county documents and filings by the developers.

At a hearing Oct. 7, Las Vegas lawyer Rory Reid, representing the developers, told county commissioners that Pascal was “the visionary that created this thing that’s in front of you.”
======================
http://vegasinc.com/business/gaming/...rmerly-the-ne/
     
     
  #15  
Old Posted Aug 22, 2016, 3:41 PM
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April, 2016: Alon Resort Prospects Falter as Project is Pushed Back Another Six Months

Quote:
The struggle is real at Alon. Those involved with the ambitious resort have been informed the project has been pushed back yet another six months because financing has failed to materialize.

Once slated to open in 2018, some now question whether Alon (pronounced AY-lon) will happen at all, despite it being backed by Australian billionaire James Packer. Packer’s plan to raise funds for the project by lowering his stake in the company haven’t come to fruition.

The cost of Alon is expected to be between $1.6 billion and $1.9 billion.
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  #16  
Old Posted Aug 22, 2016, 10:15 PM
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That's a bummer. Man, I wish Vegas would return to that pre 2008 boom. City was poppin' with cranes back in that era.

Although if that was in April, news wise, hopefully in late September something positive will show up. I'd be nice to see a groundbreaking in Q1 of 2017.
     
     
  #17  
Old Posted Aug 23, 2016, 4:01 PM
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Has there been new renderings ? Because I have to be honest, I never really liked the original plan. 26 story bland tower, 17 story bland tower.

"Trying to attract a certain clientele"

Yeah, the SLS already did that, so did the Aria, so did Cosmo, so did Vdara, so did the Mandarin and so in.

How about something in the middle market range ? Since that's whats truly lacking on the strip. Vegas has the VERY budget constricted hotels (Excalibur, Luxor, Monte Carlo, NYNY and etc) and then there is planet Hollywood which is kinda middle of the road, but then it Jumps to Aria, Bellagio, Venetian, Wynn and etc.

Vegas needs more hotels in the middle. Not more Trendy boutique traps for the rich and famous. SLS, The City Center and Wynn already does that.

And plus I think the current plans poorly utilizes the land. Unless they plan on expanding the property in the future. The north end needs more hotels and foot traffic, but if this one got shelved for a different developer or for more ambitious plans, I wouldn't be terribly upset. How on EARTH is this thing going to cost 1.6-1.9 Billion to Build?????? HOW ???
     
     
  #18  
Old Posted Aug 24, 2016, 1:36 PM
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Man-made lakes are expensive I guess.
     
     
  #19  
Old Posted Jan 14, 2017, 4:29 AM
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Cancelled

Australian company won't proceed with Vegas Strip resort

Quote:
LAS VEGAS (AP) — An Australian company won't proceed with a project for a 1,100-room hotel-casino on the Las Vegas Strip, company officials announced Thursday.

Crown Resorts Ltd. said it will pull out of the Alon endeavor after reviewing funding alternatives and will consider the possibility of an outright sale of their project. Officials working on the project described it as "shovel-ready" after two years of planning, design and pre-construction work on the site on the northern end of the Strip.
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