Built in 1970, current co-owners include the Tamares Group that count The Plaza and the Las Vegas Club in their Vegas real estate collection. But, while this pair have received, or will receive a remodel, the Western is sitting still.
Earlier this month, the Las Vegas City Council approved an extension for the Western to keep their old liquor and gaming license for another year. The official reason for the extension is "due to the economic climate in Las Vegas, making it difficult to secure a new tenant for the subject site."
We'd heard a few fast and loose rumors about what this place might turn into, from condos and a boutique hotel to just being demolished. Other than a smart business decision, this move makes us wonder if they are actually fishing to sell it intact as a casino.
We'd not heard that Tony Hsieh and the Downtown Project were interested in the building. But, that doesn't mean the long reach of their revival hasn't reached this section of Fremont Street. Across the road from the Western, at 900 Fremont, there are moves to turn the empty acreage into a fenced parking lot to serve future downtown visitors. Think Shipping Container Park. A year ago, the idea that you'd choose to park here and then walk back towards the Fremont Experience wouldn't have sounded a great idea. With a fenced property, it sounds like it might work out. The Downtown Project is connected to this development.
And, right across from this future parking lot? The forthcoming phoenix rebirth or possum awakening of Atomic Liquors. You'll be hearing much more about that soon. As usual we'll keep you posted.