Las Vegas Plaza

From Wikipedia, the free encyclopedia
Las Vegas Plaza
Las Vegas Plaza is located in Nevada
Las Vegas Plaza
Location within Nevada
General information
StatusNever built
TypeHotel
Condominium
Architectural styleModernism
LocationLas Vegas Strip
AddressLas Vegas Boulevard South
Las Vegas, Nevada
Town or cityParadise, Nevada
CountryUnited States
Coordinates36°7′46″N 115°10′6″W / 36.12944°N 115.16833°W / 36.12944; -115.16833Coordinates: 36°7′46″N 115°10′6″W / 36.12944°N 115.16833°W / 36.12944; -115.16833
CompletedNever completed
OpenedNever opened
CostUS$8 billion
OwnerEl-Ad Group
Other information
Number of rooms4,100 hotel rooms & 2,600 condominiums
ThemePlaza Hotel
Total gaming space175,900 sq ft (16,340 m2)
Casino typeLand-based

The Las Vegas Plaza was the working name for a future $5 billion to $8 billion multi-use ultra-luxury hotel, private residences, retail and gaming complex to be developed on the Las Vegas Strip by El-Ad Group.

History[]

Construction was scheduled to begin in early 2008 for completion in 2011, but worsening economic conditions in 2008 caused the project to be suspended and ultimately cancelled in 2011.[1][2]

It would have been built on the 34.5 acres (14.0 ha) site of the former New Frontier Hotel and Casino which closed July 15, 2007 and the Silver Slipper casino which closed on November 29, 1988. ElAd purchased the New Frontier for $1.2 billion from Phil Ruffin in a deal announced May 15, 2007. This property purchase set a new record for Strip land at over $33 million an acre.[3]

In August 2014, Crown Resorts bought the site of the New Frontier Hotel and Casino on the Las Vegas Strip with the intent to build a new hotel beginning in 2015.[4] On June 26, 2015, Crown Resorts officially announced that the new hotel, called Alon Las Vegas, would be located in the former New Frontier site.[5]

The Alon project was eventually abandoned and the land was sold to Steve Wynn.[6]

Proposed facilities[]

On December 16, 2007, the El-Ad Group put their plans for The Plaza before the Clark County planning commission for approval. The plans included:[7]

  • Seven towers containing 6,700 rooms (4,100 hotel rooms and 2,600 resort condominium units)
  • 175,900 sq ft (16,340 m2) of casino area (making it the largest casino on the Strip and second largest in the valley)
  • 134,500 sq ft (12,500 m2) of restaurant area
  • 347,887 sq ft (32,319.8 m2) of retail area
  • 539,607 sq ft (50,131.1 m2) of convention space
  • a 50,000 sq ft (4,600 m2) health club
  • 1,500-seat theater
  • 227,038 sq ft (21,092.5 m2) of open space on the roof top of the podium that includes the pool areas.

The grand total for the project included 3,317,400 sq ft (308,200 m2) of parking garages and a total area of 15,080,846 sq ft (1,401,056.4 m2).

Lawsuits[]

August 2007[]

In August 2007, a lawsuit was filed against ElAd Properties by the Tamares Group, owners of the Plaza Hotel & Casino in downtown Las Vegas, which alleged that the new property's name infringes on the current Plaza's trademark.[8]

David Atwell[]

In 2008, broker David Atwell and the El-Ad group settled out of court, after Atwell sued the group claiming he had initiated the $1.24 billion sale of the New Frontier to Elad from owner Phil Ruffin.[9]

References[]

  1. ^ Stutz, Howard. "Frontier site to remain empty on Las Vegas STrip". Casino City Times. Retrieved 16 February 2012.
  2. ^ Benston, Liz (March 19, 2008). "Plaza Las Vegas project moves forward (UPDATED)". LasVegasSun.com.
  3. ^ Stutz, Howard (May 16, 2007). "MORE THAN $1.2 BILLION: New Frontier sale sets record". Las Vegas Review-Journal.
  4. ^ Thomson, Jessica Gardner and James (August 4, 2014). "James Packer snaps up Las Vegas site". The Sydney Morning Herald.
  5. ^ Segall, Eli (June 26, 2015). "Vision for Alon Las Vegas, resort on former New Frontier site, is filed with county - VEGAS INC". vegasinc.lasvegassun.com.
  6. ^ Prince, Todd (December 13, 2017). "Steve Wynn 'warehousing' former Alon site in 336m purchase". Las Vegas Review-Journal. Retrieved June 24, 2021.
  7. ^ "The Plaza Las Vegas". www.vegastodayandtomorrow.com.
  8. ^ Spillman, Benjamin (August 10, 2007). "What's in a name? Owners of Plaza say plenty". Las Vegas Review-Journal.
  9. ^ Katsilometes, John (2013-11-26). "David Atwell, a man with a zeal for business and life, dies at 63 - Las Vegas Sun Newspaper". lasvegassun.com. Retrieved 2020-02-11.
Retrieved from ""