Las Vegas Plaza

The Las Vegas Plaza was the working name for a future $5 billion to $8 billion multi-use ultra-luxury hotel, private residences, retail and gaming complex to be developed on the Las Vegas Strip by El-Ad Group.

Las Vegas Plaza
Location within Nevada
General information
Status	Never built
Type	Hotel Condominium
Architectural style	Modernism
Location	Las Vegas Strip
Address	Las Vegas Boulevard South Las Vegas, Nevada
Town or city	Paradise, Nevada
Country	United States
Coordinates	36°7′46″N 115°10′6″W
Completed	Never Completed
Opened	Never Opened
Cost	US$8 billion
Owner	El-Ad Group
Other information
Number of rooms	4,100 hotel rooms & 2,600 condominiums
Theme	Plaza Hotel
Total gaming space	175,900 sq ft (16,340 m^2)
Casino type	Land-based

History

Construction was scheduled to begin in early 2008 for completion in 2011, but worsening economic conditions in 2008 caused the project to be suspended and ultimately cancelled in 2011.[1][2]

It would have been built on the 34.5 acres (14.0 ha) site of the former New Frontier Hotel and Casino which closed July 15, 2007 and the Silver Slipper casino which closed on November 29, 1988. ElAd purchased the New Frontier for $1.2 billion from Phil Ruffin in a deal announced May 15, 2007. This property purchase set a new record for Strip land at over $33 million an acre.[3]

In August 2014, Crown Resorts bought the site of the New Frontier Hotel and Casino on the Las Vegas Strip with the intent to build a new hotel beginning in 2015.[4] On June 26, 2015, Crown Resorts officially announced that the new hotel, called Alon Las Vegas, would be located in the former New Frontier site.[5]

The Alon project was eventually abandoned and the land was sold to Steve Wynn.

Proposed facilities

On December 16, 2007, the El-Ad Group put their plans for The Plaza before the Clark County planning commission for approval. The plans included:[6]

• Seven towers containing 6,700 rooms (4,100 hotel rooms and 2,600 resort condominium units)
• 175,900 sq ft (16,340 m²) of casino area (making it the largest casino on the Strip and second largest in the valley)
• 134,500 sq ft (12,500 m²) of restaurant area
• 347,887 sq ft (32,319.8 m²) of retail area
• 539,607 sq ft (50,131.1 m²) of convention space
• a 50,000 sq ft (4,600 m²) health club
• 1,500-seat theater
• 227,038 sq ft (21,092.5 m²) of open space on the roof top of the podium that includes the pool areas.

The grand total for the project included 3,317,400 sq ft (308,200 m²) of parking garages and a total area of 15,080,846 sq ft (1,401,056.4 m²).

Lawsuits

August 2007

In August 2007, a lawsuit was filed against ElAd Properties by the Tamares Group, owners of the Plaza Hotel & Casino in downtown Las Vegas, which alleged that the new property's name infringes on the current Plaza's trademark.[7]

David Atwell

In 2008, broker David Atwell and the El-Ad group settled out of court, after Atwell sued the group claiming he had initiated the $1.24 billion sale of the New Frontier to Elad from owner Phil Ruffin.[8]

References

1. Stutz, Howard. "Frontier site to remain empty on Las Vegas STrip". Casino City Times. Retrieved 16 February 2012.
2. Benston, Liz (March 19, 2008). "Plaza Las Vegas project moves forward (UPDATED)". LasVegasSun.com.
3. Stutz, Howard (May 16, 2007). "MORE THAN $1.2 BILLION: New Frontier sale sets record". Las Vegas Review-Journal.
4. Thomson, Jessica Gardner and James (August 4, 2014). "James Packer snaps up Las Vegas site". The Sydney Morning Herald.
5. Segall, Eli (June 26, 2015). "Vision for Alon Las Vegas, resort on former New Frontier site, is filed with county - VEGAS INC". vegasinc.lasvegassun.com.
6. "The Plaza Las Vegas". www.vegastodayandtomorrow.com.
7. Spillman, Benjamin (August 10, 2007). "What's in a name? Owners of Plaza say plenty". Las Vegas Review-Journal.
8. Katsilometes, John (2013-11-26). "David Atwell, a man with a zeal for business and life, dies at 63 - Las Vegas Sun Newspaper". lasvegassun.com. Retrieved 2020-02-11.