Tag: Vegas SalesView All Tags
Just as we were
snooping around wondering what was to happen to downtown's Western Casino comes news that it's been sold... to Zappos head Tony Hsieh's Downtown Project. Which, if you've been following the renaissance of downtown at all, you already know has quite a few properties in its portfolio.
Vegas Inc. reports that Hsieh's company bought the property, which closed back in January 2012, for $14 mil. Downtown Project is already sinking hundreds of millions into revitalizing downtown Vegas. No word yet on just what they have planned for the shuttered casino, or the land it sits on in Fremont East.
Remember when we thought the abandoned Echelon site would be an eyesore until the end of time, or something like that? Today, Vegas received another great indicator that the north Strip is slowly, and finally, gearing up towards a comeback with the announcement that Echelon will (eventually) become Resorts World Las Vegas.
Boyd Gaming has sold the site to Genting, a Malaysian gambling company that owns the Resorts World brand, for $350 million. It plans to turned the failed project into Resorts World Las Vegas, a $2 billion dollar venture. Construction is expected to start up next year with a reported opening timeline of 2016. The new resort would feature 3,500 hotel rooms, 175,000 square feet of gaming "across several.. floors," convention space, dining and retail outlets, too.
Detailed renderings of what the finished resort would look like, can be found below.
Vegas News / Name Changes / Vegas Sales / Echelon / Boyd Gaming / Resorts World Las Vegas / Genting / → All Tags
Early this morning, newspaper headlines began to fill with news that Boyd Gaming had sold the hulking shell of Echelon and its surround acreage to Genting, a Malaysian gambling company, for $350 million bucks. Just when we were beginning to wonder what was going on with plans to "hide" it away from view.
Calling all Wayniacs! Fan of Wayne Newton, Las Vegas lore and super fancy real estate? We have the ultimate link for you to click. And, we think it proves a clarion call for Las Vegas to step up and save Casa de Shenandoah.
Mr. Las Vegas, Wayne Newton, has been attempting to turn Casa de Shenandoah, his palatial 40-acre estate into a tourist attraction for years. But now, in a bizarre and confusing turn of events, it all might be under attack. Again.