Massive Asian Themed Resort Proposed on Site of Old Stardust

High Rise Facilities | May 8, 2014
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Phase one of a proposed development on the site of the old Stardust hotel and casino will include a 100,000 square-foot gaming floor, a hotel tower, a retail village and a showroom. Rendering courtesy of Genting Group

The Genting Group has revealed plans for a multi-phased opening of their Asian themed hotel/casino project, Resorts World Las Vegas, that they claim will create tens of thousands of jobs, generate hundreds of millions of dollars in tax revenue for Southern Nevada and feature 3,500 gaming positions, 3,000 rooms and dozens of food and beverage outlets. Phase one is expected to cost at least $2 billion. The completed 21,847,314-square-foot project will eventually include 4 towers totaling 6,583 rooms and could cost up to $7 billion.

In March 2013, Boyd Gaming sold the 87 acre site to the Genting Group for $350 million. Boyd had previously been developing a resort on the property called Echelon Place. Construction was suspended in 2008 due to the effects of the Great Recession. The site is where the famed 32-story Stardust Resort & Casino was located before it was imploded in 2007.

“Our goal at Resorts World Las Vegas is to complement existing properties and bring a new and unique entertainment destination to the Las Vegas Strip,” said Genting Chairman KT Lim. “Our themed resort will cater to the high-end visitor as well as the budget-minded tourist. We will give first-time guests a new reason to visit Las Vegas and other tourists a great reason to return. Today represents a big step forward for our development, and we are excited to move forward with our plans.”

Genting presented the plans today at a hearing held by the Nevada Gaming Control Board.

Construction is expected to begin in the second half of 2014 and take between 24 to 36 months to complete. The construction portion of phase one is estimated to result in 30,000 person years of employment and $1.5 billion in direct wages.

The second phase of the proposed development would include three more hotel towers and a 1 million square foot convention center. Rendering courtesy of Genting Group

The development – situated at 3000 South Las Vegas Boulevard  – will initially consist of a more than 100,000 square-foot gaming floor, a hotel tower, a retail village and a showroom. In phase one alone, the project is expected to create 11,000 direct, indirect and induced jobs.

Additional phase one amenities will include: More than 3,500 gaming positions (slots and table games combined); more than 3,000 keys; 22 villas; more than 15 retail venues; more than 30 food and beverage outlets; an aquarium; a center bar featuring live entertainment; and an observation deck with views down the strip.

In subsequent phases, Resorts World Las Vegas will add: Three new hotel towers; a new, still-to-be determined, large-scale attraction; additional gaming space; a smaller, more intimate theater that seats approximately 1,000 to 1,500 people; an approximately 1 million square foot convention center; a water park; a movie theater; and a bowling alley.

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