The New Frontier Hotel on the Las Vegas strip was imploded at 2:30 am on November 13th, 2007. More importantly, this signifies a MAJOR change to the north section of the resort corridor. Everything you’ve been hearing just got shifted into high-gear.Out of approximately $30 billion worth of new hotel and luxury condo development on Las Vegas Boulevard, roughly $20 billion of it is happening between Spring Mountain Road and Sahara Ave. Projects like The Plaza Hotel (get on our VIP interest list), Echelon, Shangri-La, Mondrian, Encore at Wynn, Venetian Palazzo, Sky Las Vegas, Fontainebleau, Trump International and the future MGM MIRAGE projects at Sahara and LV Blvd. could possibly transform this once desolate section into the Beverly Hills of the strip.
An opulence never before seen is how Elad Properties, the developers of the $6-8 billion The Plaza Hotel are describing their entrance into Sin City. This should be interesting to see as the current king is MGM MIRAGE CityCenter.In a city made famous for constantly one-upping itself, can Elad Properties truly set a higher standard than projects like The Harmon Hotel, Residences at Mandarin Oriental, Vdara, Veer Towers, The Crystals retail, and the main CityCenter resort casino hotel?
Want a breakdown of the billions worth of new construction happening project by project?
- See it at out our Las Vegas strip development statistics and numbers blog.
Learn why celebrities LOVE the new direction the strip is going. Boutique, chic and high-end.
- 3 Reasons why Celebrities LOVE the new Las Vegas strip entertainment scene.
BEFORE you purchase an investment property or vacation home in LV, learn the most common buyers mistakes.
- Check out our Las Vegas high rise condo buyers guide!
Aaron Auxier, REALTOR® can be reached at 702-205-1818.
Luxury Realty Group is recognized by the press as a leading brokerage on the Strip. They can be seen on networks and in publications such as CNBC, Forbes Magazine, Details, LV Business Press, Wall Street Journal, The Review Journal, Los Angeles Times and USA Today.
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Copyright © 2007 Aaron Auxier. All Rights Reserved.
Disclaimer: All information in this blog is subject to change without notice. Subject matter is not guaranteed and is often times considered time sensitive.
