There's currently no gambling at the Fortune location, either; but, Cheng wants to add gaming, some shops, maybe a showroom or lounge, restaurants and outside dining. They already have some meeting space and a pool and small versions of his wish list. It's a six-acre plot with 150 rooms. We await the word "boutique" when the press releases eventually roll around.
Until than, we're going to guess much of this hinges on the gaming license. They've invested $11 million so far so there's some leverage for generating investment capital. And, they've also created a company called Vegas Dynasty Casino Hotel LLC so we guess that might be the new name. Reason that struck our eye? In 2001, there was a plan to create a "Dynasty Forbidden City" resort featuring a 600-room hotel,a 33,050 square-foot casino and a huge fake Great Wall of China out front. The project collapsed before renderings were even available.
Bit of a stretch we know, but we actually really hope this is turned into an Asian-themed casino. There are so many empty plots of land around town that folks are trying to revive with fancy blueprints but no concrete foundations, both figurative and literal. At least this place exists in a basic form. As usual, we'll keep you posted.
(Photo:Fortune Las Vegas)