Just when it seems like we are getting somewhere, yet another project on the Las Vegas Strip is getting stopped halfway through construction, creating a blight for tourists driving down the world’s most famous street.
Dream Las Vegas, the new boutique hotel-casino that was in the process of being built next door to the Pinball Hall Of Fame, has had construction “fully stopped” according to the Las Vegas Review-Journal.
The reasoning? Financial, of course. According to the developer, they owe nearly $30 million and won’t be back underway until they get the financial situation squared away. Left in its wake? Rebar and partially built structures that barely resemble the hotel it was destined to be. That sight will be welcoming people at the Welcome To Fabulous Las Vegas sign for the next several weeks or years – depending on how soon it gets resolved.
This isn’t the first time the Dream Las Vegas project has had a hang up.
In August, the hotel found that the Pinball Hall Of Fame’s surveyor screwed up the property line between them, and the arcade attraction actually built on at least eight feet of Dream’s property. Thankfully the surveyor had insurance for the incident, and the issue was settled.
The Las Vegas Strip is used to unfinished projects…
It’s a tale as old as time. The Las Vegas Strip has seen its fair share of “meh nevermind” projects.
The most famous of which? Fontainebleau. The project on the northern end of the strip was nearly finished when the 2008 financial crisis put the brakes on the development. Here we are 15 years later and now, hopefully, finally, it will be finished.
There was the “second” observation wheel… SkyVue Las Vegas was going to be built (supposedly) across from Mandalay Bay with a massive LED screen in the middle, and an entertainment hub at its base. All that got completed was two concrete chopsticks stuck in the ground.
Here’s hoping this is a quick bump in the road, and not a long-term nightmare on Las Vegas Boulevard.
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