Las Vegas resort updates
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Oak View Group has unveiled plans for a $3 billion entertainment district spanning 25 acres south of the Las Vegas Strip. The project will be located at the intersection of Interstates 15 and 215, and is set to include an 850,000-square-foot arena, casino, hotel and an additional entertainment venue. The arena will host upwards of 20,000 seats and will offer amenities such as suites and premium hospitality clubs.

Groundbreaking on the project, which is designed by architecture firms Gensler and Populous, is scheduled for 2023. Marc Badain, former president of the NFL’s Las Vegas Raiders, will also partner with Oak View Group on the development.

Source: https://rebusinessonline.com/oak-view-group-unveils-plans-for-3b-arena-casino-project-south-of-the-las-vegas-strip

Downtown Las Vegas’ Circa Resort will begin work next week on a multimillion-dollar, 35,000-square-foot meetings and convention area that will be ready for business in September.

Source: https://www.reviewjournal.com/business/casinos-gaming/circa-bringing-high-tech-expansion-to-downtown-las-vegas-2549208/

Durango Casion and Resort held a groundbreaking and media event on the 11th March.

Hundreds of Station Casinos employees and executives on Friday witnessed the launch of the company’s newest locals resort during a private ceremonial groundbreaking for the Durango Casino & Resort.

Red Rock Resorts Inc. Chairman and CEO Frank J. Fertitta III, Vice Chairman Lorenzo J. Fertitta and an estimated 300 workers from Station properties attended the event off the 215 Beltway at Durango Drive, the site of the 200-room, $750 million project slated to open in late 2023.

Red Rock Resorts, Station Casinos parent company, also provided the latest renderings of the resort, which will include an 83,000-square-foot casino with a state-of-the-art race and sportsbook, four signature food and beverage outlets, a nine-tenant food hall, a pool with private cabanas, an environmentally friendly event lawn and 20,000 square feet of meetings and convention space.

Source: https://www.reviewjournal.com/business/casinos-gaming/station-casinos-celebrates-launch-of-750m-project-in-sw-las-vegas-2543860/

It looks like the All Net resort got the funding it required to keep its dreams alive and it's now due to begin construction this summer. I won't hold my breath but at least it's not completely dead yet!

As unlikely as it seems, it appears that the off-and-on All Net Resort and Arena project first proposed for the north end of the Las Vegas Strip in 2013 is on again.

A Texas-based venture- capital company is reportedly investing $4.2 billion to build the arena, two hotels, a convention center, movie theater and a casino on the site where excavation work took place in 2017 — then stopped. All Net’s founder, former NBA player Jackie Robinson, says he expects construction on the resort to resume this summer.

Source: https://www.staradvertiser.com/2022/03/13/travel/las-vegas-advisor/las-vegas-advisor-all-net-resort-project-in-vegas-secures-funding/

The somewhat infamous, Terrible's Casino, that sits just outside of Las Vegas on the route to LA is being demolished. It will be replaced by a massive industrial and distribution complex which will help keep truck traffic outside the city in the future as the city expands.

A Reno developer has taken ownership of a big property south of Las Vegas with plans to demolish a closed hotel-casino and build a sprawling industrial park.Tolles Development Co. purchased roughly 142.3 acres of real estate off Interstate 15 in Jean for $44.7 million. The sale by the Herbst family, operators of the Terrible Herbst gas station chain, closed Feb. 24, property records show.

The site of the shuttered Terrible’s hotel-casino would comprise the last phase of the complex, said Hunt, who indicated Tolles hasn’t determined how it would bring the structure down. Still, he noted the developers would love for a motion-picture crew to come “help us celebrate blowing it up.”

Source: https://www.reviewjournal.com/business/industrial-park-another-step-closer-to-replacing-shuttered-casino-2539258/

Progress is being made at the site of Station Casino's latest hotel and casino. Durgano Station will be located in the southwest part of Las Vegas at the 215 Beltway and Durango.

The proposed All Net Resort and Arena has been given the deadline of breaking ground this summer or it's going to have its planning revoked and won't be able to build.





Ths site is located behind the Fountaineblue site where Wet 'n Wild used to be, there was some work begun on the ground but nothing ever broke ground fully.

All Net Resort & Arena is a planned entertainment complex in Las Vegas. A project of businessman and former basketball player Jackie Robinson, the complex will encompass a resort hotel, retail and restaurant space, and a multi-purpose arena with a retractable roof. Its location is set on the Las Vegas Strip at the former site of a Wet 'n Wild waterpark, next to the Sahara Las Vegas in Winchester, Nevada.

Robinson announced the project in December 2013. Designed by the Cuningham Group, it was initially planned to open in December 2016, at a cost of $1.3 billion. However, the project cost has increased several times, and the start of construction has been delayed repeatedly because of difficulty acquiring construction funds. A groundbreaking ceremony was held in October 2014, but preparation work on the site did not begin until early 2017, and construction has yet to commence. Work on the $4 billion project is expected to begin in mid-2022.

Source: https://en.wikipedia.org/wiki/All_Net_Resort_%26_Arena & https://www.8newsnow.com/news/local-news/all-net-resort-down-to-last-deadline-to-break-ground-again/ & https://www.casino.org/vitalvegas/all-net-arena-pushing-dirt-around/

Las Vegas Sands has closed the $6.25 billion sale of The Venetian Resort and adjacent convention center on the Strip. Funds managed by affiliates of Apollo Global Management completed the acquisition of the casino resort, a spokesperson said Wednesday February 23rd.

VICI Properties was set to purchase the real estate for $4 billion, while Apollo would acquire the operations of the Venetian for $2.25 billion. The convention space will now be known as The Venetian Expo.

Las Vegas Sands has said the sale would help position the company for growth in Macao and Singapore. "The opening of The Venetian more than 20 years ago represents the beginning of the company's success," CEO and Chairman Robert Goldstein said in a statement. "The property, and most importantly, the people who represent it every day will always remain indelible parts of our history."

Sands' headquarters will remain in Las Vegas, and the company says it will still be active in the community.

Source: https://news3lv.com/news/local/las-vegas-sands-closes-sale-venetian-resort-strip-appolo-palazzo-sheldon-adelson-casino-transaction

The Arts District in downtown Las Vegas is set to welcome a new neighbor very soon.

The English Hotel, by celebrity chef Todd English, opens next week at Main Street and Coolidge Avenue.The hotel is designed for guests who don’t want to stay on the busy Las Vegas Strip.The property features 74 high-end rooms and an onsite restaurant, The Pepper Club, named after the chef’s dog.

The English Hotel is part of the Marriott Tribute portfolio and is managed by Sightline Hospitality.

Source: https://news3lv.com/news/local/downtown-las-vegas-nevada-arts-district-to-welcome-hotel-the-english-hotel-celebrity-chef-todd-english-jeff-hwang-taverna-costera-the-pepper-club