Vol. 4, No. 12, December 2008, Tumbling Dice
Developers Plan Projects For Off-Strip Areas
Clark County commissioners recently gave the go-ahead to two developers seeking to build casinos in the area just west of the Las Vegas Strip.
Tropicana Grand LLC received approval from the commission for its planned casino project across the street from the Orleans. The company is set to incorporate 1,388 hotel rooms, 192 condos, a 100-square-foot casino, convention center and spa as part of its 15-acre property.
Architect Joel Bergman of Bergman, Walls and Associates told the Las Vegas Sun that the project has no specific deadline, because the need for flexibility in the current economic climate is of the utmost importance.
“We’re going to take our time and plan this right,” Bergman told the newspaper.
Desert Inn Procyon LLC also received approval from Clark County commissioners, though in this case the company was granted a two-year extension in its plans to build a casino on 6.5 acres on the corner of Spring Mountain and Valley View.
The Chinatown property will also have a 1,195-room hotel, a 60,000-square-foot casino, retail areas and convention space.
Though the two projects may take longer than usual to complete due to the current credit crisis, the plans and approvals for new projects are a sign that Las Vegas gaming operators remain hopeful that the city will rebound sooner rather than later.
The new properties will also provide hundreds of jobs to a state that is suffering under the weight of increasing unemployment rates.
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