Las Vegas NowProfiles of Las Vegas Strip Construction Projects

Profiles of Las Vegas Strip Construction Projects

Updated:

Will rising gas prices and a weak economy start spelling trouble for the Las Vegas Strip? Some gaming stocks have taken a hit yet several major resort projects are underway and gaming executives say they are optimistic.

 

Online Poll

What do you think is having the biggest affect on the Strip's economy?

Thank you for participating in our poll. Here are the results so far:

Gas prices -- I have nothing left for gambling
11%
Plane fares -- who can afford to fly here now?
23%
Unemployment -- no income, no vacation
54%
Foreclosures -- no money left
12%

The Plaza in Las Vegas

 - $5 billion
 - Planned to open in 2011 - construction delayed until 2009
 - Owned by Elad Group
 - Las Vegas Blvd and Stardust More>>

Fontainebleau Las Vegas

 - $2.9 billion
 - Opens late 2009
 - Fontainebleau Resorts
 - Las Vegas Blvd. and Riviera Blvd. More>>

Encore at Wynn

 - $1.4 billion
 - Opens late 2008
 - Wynn Resorts
 - Las Vegas Blvd and Sands Ave. More>>

Cosmopolitan Resort & Casino

 - $3.5 billion project
 - Opens late 2009
 - The developer is Ian Bruce Eichner who is in default with Deutsche Bank.
 - Las Vegas Blvd., between Harmon and Tropicana More>>

Project CityCenter

 - $8.1 billion
 - Opens late 2009
 - MGM/Mirage and Dubai World
 - Tropicana and Las Vegas Strip More>>

Echelon Project Profile

 - $4.8 billion
 - Delayed until 2011
 - Boyd Gaming 
 - Las Vegas Blvd. and Stardust More>>

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