Officials in Clark County, Nevada, have voted to approve a new 43-story resort and casino project to be located on the Las Vegas Strip following a successful bid from Houston Rockets owner Tilman Fertitta.
According to Construction Dive, the scheme will include a 2,420-room hotel, 2,536-seat theater, chapel, retail, offices, and convention spaces on top of a multiple-level parking structure and be located nearby the larger Planet Hollywood Resort and Casino at 3725-3735 Las Vegas Boulevard South.
The plan will be developed over the next two years beginning tentatively in March and joins the city’s list of other major forthcoming post-pandemic projects, which to date includes DLR’s Group’s 21-story Dream Hotel, the soon-to-be-completed MSG Sphere by Populous, and the expanding Vegas Loop from Elon Musk’s The Boring Company.
An architect for the project has yet to be named. In a statement to the Las Vegas Review-Journal, Jefferies gaming analyst David Katz estimated the project would cost approximately $3 billion to complete.
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