VEGAS STRIP PROPERTY IS HOT

SPREAD THE LOVE

Strip Property Experiencing Boom
During Major Renovations

Resorts World Las vegas
              Over the past two years, since the pandemic hit, the Las Vegas Strip has been some of the hottest real estate on Earth.  Multiple New Casinos have been built with Resorts World and the opening-in-late-2023 Fontainebleau being the biggest projects. Those deals should not diminish Caesars Entertainment's planned overhaul of its Bally's Casino into its Horseshoe Brand or the less massive, but still significant, overhaul quietly underway at Circus Circus.

              In addition, MGM Resorts just took over operations at the Cosmopolitan, and while it has kept any changes close to the vest, changes are clearly coming.
              That move, of course, was made in tandem with MGM selling operating rights for the Mirage to Hard Rock International. That company plans to build its iconic Guitar Hotel on that property, at least partly where the current Mirage Volcano sits.
Hard Rock Hotel Guitar, Las Vegas
              Beyond that, a number of major pieces of Las Vegas Strip land have been purchased. That includes Las Vegas real estate operator Siegel Group buying a 10-acre patch of the Strip with plans to open a major Resort/Casino on.
              The billionaire owner of the National Basketball Association's Houston Rockets, Tilman Fertitta, who also owns the Golden Nugget Casino in downtown Las Vegas, is reportedly planning to purchase prime property on the Strip, located between Caesars' Planet Hollywood and the MGM Grand to develop a new high-end Casino Resort.
Palazzo Venetian Las Vegas
              The lengthy list of transactions also includes at least one (maybe two) NBA-ready arenas, the MSG Sphere a first-of-its-kind entertainment venue, and a possible new Major League Baseball stadium for the Oakland Athletics.
              This is only a partial list of the revamping of Las Vegas Strip. LAS VEGAS IS BACK AND THE PLACE TO PARTY..


              Resorts World International opened on the North Strip, and the long-delayed Fontainebleau has been put back on track for a late-2023 opening. Those projects are being joined by a major renovation of the Wynn Las Vegas, and additional multiple new massive projects (at least two casinos, an NBA-ready arena, and likely a Major League Baseball stadium) being in the works.

Leave a Reply

Your email address will not be published.