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Wynn Las Vegas Expansion
Today Wynn Resorts announced plans for a $1.5 billion expansion to their Wynn Las Vegas property which will include a new hotel tower, much more meeting space, new dining venues and a 38 acre lagoon built on the current site of a golf course.
The expansion project is tentatively called Paradise Park and if approved by the Wynn Resorts board of directors it could start construction by the end of 2016. According to the Las Vegas Review Journal, the new expansion will specifically consist of:
- A new 1,000 room hotel tower – “Guest suites with a separate bedroom, living room and balcony with unobstructed views of the waterfront.”
- 260,000 square feet of meeting space.
- New food and beverage options – “A variety of food and beverage outlets, including the expansion of the current Country Club restaurant, also are in the plans.”
- The lagoon – “38-acre lagoon that would host water skiing, paddle boarding and parasailing by day and fireworks displays at night.”
Las Vegas is in the middle of yet another re-branding/re-imagining. The new focus is on entertainment with the construction of the new arena and pedestrian areas like “The Park” and “Linq”. We have also seen a number of festival venues built as the music festival phenomenon has grown. In other words, Las Vegas is continuing to do exactly what it has for the past half century. Adapt. This is just another sign of that.
Wynn has a ton of land where the golf course sits and this new project will only take part of that leaving for even more room for expansion. I think overall Paradise Park will make the hotel more of a destination and further widen its attractiveness as a resort. On the surface this sort of seems like a gimmick, but it isn’t. Fun is the name of the game in Vegas and the city has proven it will adapt to provide that fun.
This is an exciting development which can only help to strengthen the North end of the Las Vegas Strip. It will be quite interesting to see the impact of all of these new venues being built in the city. What will things be like in 10-20 years in Vegas? I don’t know, but my guess is much different than they are now.
What do you think? Is this a good idea or something that won’t work?
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