The great recession may be lingering in some sectors of the American economy but progress and growth continue in the world’s original gambling capital of Las Vegas. Among the shining stars is the highly anticipated Alon Las Vegas Casino Resort on the north end of the Strip. Although the developers have held their cards close-in, minor details of the project as well as a working name and room count were leaked in June through papers filed with the county for various permits and land entitlements by Ālon Leisure Management LLC . Official announcements and details aren’t expected until early next year according to recent reports on the local VegasInc website.
Last month Clark County commissioners approved certain elements of the project which revealed and confirmed that the resort would cover almost 3.5 million square feet and include 2 hotel towers with 1,100 guestrooms and suites. One tower is to rise 26 stories and the other, 17 floors with VIP accommodations. The casino is expected to be of the boutique variety covering only 27,800 square feet, but the property will include over 84,000 sq ft of space for conventions/meetings, retail, restaurants, and bars as well as a venue to be known as “Black Box Theater”.
Ground work has started on the 35 parcel which formerly held the New Frontier and is located adjacent to the former Echelon casino site, which will become Resorts World Las Vegas with an expected opening of that $4 billion property by mid-2018. The New Frontier was imploded 8 years ago on November 13th. Across the street is Wynn Las Vegas and just to the south is Fashion Show mall.
Most of the property is owned by Crown Resorts’ James Packer, former Wynn Resorts president Andrew Pascal, and Oaktree Capital Management. The balance of the property is being leased with a term that ends in 2097. In July it was announced that nightclub king and developer of Tryst and XS at Wynn, Jesse Waits, would be crossing the street to participate in the Packer/Pascal project. In late August more of the vision for the property was revealed indicating that they planned to take the destination in a new direction, basically re-inventing the Las Vegas experience.