![]() Their customer base is 35 to 45, and we’re excited about that being a new customer for this market. “We think the Dream brand with the closest in Hollywood will bring a customer base that doesn’t exist here. “It will be much different for this market, and perhaps some of the locals will like that being easy to get in and out of the property,” Smith said. Smith said that any concerns about the close proximity to the airport have been addressed. Smith said the location is less than a mile from Allegiant Stadium and about two miles north from announced plans for a $3 billion entertainment complex for a potential NBA franchise along Las Vegas Boulevard South. In an interview with CDC Gaming Reports, Bill Smith, the senior vice president of design and construction for Shopoff Realty Investments, called it a “fantastic time” to launch the construction since there are no new projects underway, meaning the availability of subcontractors has been overwhelming. “We have done an enormous job, but we have some work to do to finish off this end of the Strip, and you are the leaders.” “This is a reset of the development of Las Vegas Boulevard and finishing of the work that was begun when my mother and dad (were teenagers),” Gibson said. Visitors are back, and we expect to serve them.”Ĭlark County Commission Chairman James Gibson said the project helps “finish off an important part of the Boulevard.” For several years, there have been so many starts and stops, but this project will complement what’s already happening in Las Vegas, he said. We expected record gaming revenues to continue. “People want to get together and come celebrate, and where do you want to celebrate? There is no place else like Las Vegas. “We had confidence that Las Vegas would rebound, and it certainly has come back with a vengeance,” Shopoff said. Shopoff said his land lender told him it was stupid to move forward on the project and joked to the audience that they weren’t invited to the ceremonies. Gomes said it’s too early to talk about the details of the casino but gave some hints. We’re comfortable that this is going to be a world-class project.” It couldn’t be a better group with Dream and Contour and Shopoff. When they brought us the concept and asked what we thought, we believed it was the opportunity of a lifetime for our company. “We’ve known some of the players for a long time. “We’re extremely excited about this opportunity,” Gomes said. Dream Las Vegas isn’t the only thing brewing at Peninsula Pacific Gomes said that the company has several other deals it’s finalizing and will be announcing. Peninsula Pacific Chief Operations Officer Aaron Gomes said that as part of the deal, the company got to keep its name, the Las Vegas project, and other various assets. The deal is expected to close by the end of the year. In February, Churchill Downs Incorporated announced it had agreed to purchase Peninsula Pacific’s assets for $2.5 billion, including properties in Virginia and New York, as well as the operations of its Hard Rock Casino & Hotel in Sioux City, Iowa. It’s that simple, and it’s that difficult.”Įxecutives at Peninsula Pacific Entertainment (P2E) didn’t speak at the ceremonies but gave brief comments to CDC Gaming Reports. ![]() We will focus on our brand and experiential hospitality, which is underpinned at every turn by an attentive service culture. Being nimble is where we will find ourselves. We said two years ago we’re not going to chase giants. “I don’t like to talk too much about our program because we like to keep our cards to ourselves, but we know what’s going on down that Strip with those giants with 5,000 rooms. We were built for a city like this,” Lindenbaum said. “This city is more like our soulmate than anything else. The project will feature a 20-story boutique hotel with 531 rooms, a 20,000 sq ft casino floor, seven dining and nightlife venues, a third-level pool deck and day club, two bar and lounge concepts on the gaming floor, a lobby bar, and a cafe on the street level. This will be a gamechanger for the city, and we are thrilled to be a part of it.” ![]() They were always part of other bigger projects, and you had a homogenized version of a lifestyle hotel. So many of the other great lifestyle hotels we know on the coast have come to Las Vegas but never really came in the right way. “Looking like the other hotels is not an option for us. “We have got something different,” Stein told the crowd gathered. Jay Stein, CEO of the Dream Hotel Group, said there hasn’t been a lot of change in casino development over the decades in Las Vegas and that something new was needed. The Welcome to Las Vegas sign is a short walk to the south and the Mandalay Bay Resort and Casino is a five-minute walk to the north. The South Las Vegas Boulevard site is adjacent to the airport and buffered on both sides by the Pinball Hall of Fame and a Harley Davidson dealership.
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