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Fontainebleau Back on Track
The developers of Fontainebleau Las Vegas have successfully secured a construction loan worth $2.2 billion to finally complete the long-delayed project. The hotel casino, which will soar 67 stories high, is slated to open its doors to the public in late 2023. Fontainebleau Development and Koch Real Estate Investments worked together to arrange the financing for the highly anticipated resort. It will occupy a massive 25-acre lot and boast an impressive 9 million square feet of space. Once complete, the Fontainebleau will offer approximately 3,700 hotel rooms, and 550,000 square feet of convention and meeting space. Along with a wide range of amenities including gaming facilities, dining options, retail spaces, and health and wellness facilities. It is expected to be one of the largest resorts in Las Vegas. *Information found on therealdeal.com
MSG Sphere
The MSG Sphere is an upcoming state-of-the-art entertainment venue in Las Vegas that is set to revolutionize the live event experience. Being built by the Madison Square Garden Company, the Sphere will be a massive spherical structure with a diameter of 366 meters. This makes it one of the largest indoor venues in the world! The Sphere will feature advanced technologies, such as a fully immersive LED screen and a spatial audio system that will create a truly immersive audio-visual experience for concertgoers. The venue will also have an adaptive acoustics system that can be customized to suit any type of performance. With a seating capacity of up to 18,000 people, the MSG Sphere is expected to become a major destination for entertainment in Las Vegas. *Information found on feelingvegas.com
Beverly Theater in Downtown Las Vegas
“Imagine by The Rogers Foundation, The Beverly Theater brings cinematic connectivity, novel collaborations, live happenings, cultural portals, and a zest for independent spirits to DTLV.” With the grand opening on March 3, 2023, the Beverly Theater features films, literature, and live music. This theater is like no other! With its nontraditional film house, state-of-the-art sound system, and impressive lighting, you will get the ultimate cinematic experience. The auditorium’s 146 stadium-style seating can retract into the wall for standing shows, increasing the capacity to 407. According to Beverly Theater’s website, its mission is to “stage uncommon cinematic, literary, and live experiences.” *Information found on news3lv.com & lasvegasweekly.com
Bullet Train from LV to CA
Rail unions make a deal! This high-speed train could take you from Las Vegas to Southern California in just 2 hours! Brightline West, plans to connect Las Vegas and Los Angelos with a bullet train service made progress to turn the project into reality! As of recent, they signed a labor agreement with a railroad construction union and will receive government support for federal funding. The service will begin in San Bernardino, California, make a stop in Victor Valley before reaching its’ final destination near the Las Vegas Strip. the train would operate at 186 mph over a 260-mile track. Brightline expects the project to debut in 2027. *Information found on travelandleisure.com
Film Studio Development in LV
A union representing construction workers has tentative agreements with the developers of planned production studios meant to lure film and television filming to Sin City. These agreements demonstrate the commitment of all parties involved, prioritizing local skilled labor, high-quality construction, and job creation within our community, according to Vince Saavedra. Several representatives for unions spoke in favor of a tax incentive proposal that would allocate $190 million annually. If the package is approved, Sony Pictures said it’s ready to commit $1 billion in spending over a decade. Birtcher Development and Howard Hughs Corp. would be responsible for the costs of the facilities at the Harry Reid Research and Technology Park and in Summerlin. *Information found on news3lv.com
The Latest on Durango Station
The Durango Station Casino and Resort is an upcoming development located in Las Vegas, set to open in 2023. The resort will be built on a 71-acre plot of land. It will feature a range of amenities including a casino, restaurants, bars, and a pool complex. The casino will offer a variety of table games and slot machines. The hotel will have over 300 rooms and suites available for guests. The resort will also feature several restaurants, ranging from casual to fine dining, as well as bars and lounges for locals and visitors to enjoy. In addition, the Durango Station will have a large pool complex with multiple pools, a lazy river, and cabanas for guests to relax in. With its range of amenities and convenient location, the Durango Station Casino and Resort are expected to become a popular destination for tourists and locals alike. *Information found on reviewjournal.com
Chip Shots
In the future home of its flagship, located in southwest Las Vegas Valley, Chips Shots held a groundbreaking. The two-story, 13,000-square-foot indoor golf club is set to open in late 2023 or early 2024. Initially expected to open spring 2023, but because of supply chain challenges, it was held off. Located at Grand Flamingo Center on West Flamingo Road and the 215 Beltway, Chip Shots “Swing Studio” is now available for booking. Founder, Keith Langlands, shares “This is a space where you can indulge in your passion for golf and the finer things in life.” The members-only club is expected to include dining, lounges, and outdoor entertainment spaces. Membership will be capped at 1,000. *Information found on reviewjournal.com
Wahlberg Moves to Summerlin
Since moving to Sin City, Mark Wahlberg has not looked back. In October 2022, the actor and his family moved out of their $90 million California mansion for a “better life.” Six months into living in Las Vegas, Wahlberg revealed the move has positively changed his kids’ lives. “Everybody is thriving there. It’s been great,” he shared with pagesix.com. With all kinds of entertainment right around the corner, Wahlberg revealed he has seen Adele and Bruno Mars. He shares, “There’s so much to do in Vegas and it’s so exciting.” The actor listed his Beverly Hills home for $87.5 million in April 2022. According to the Las Vegas Review Journal, the Wahlberg family now lives in a home in Summerlin, located right outside of Las Vegas, for $15.6M. “We came here to just kind of give ourselves a new look, a fresh start for the kids, and there’s a lot of opportunity here. I’m really excited about the future,” he added. *Information found on pagesix.com
NBA Coming to LV?
A sports and entertainment developer has pitched a 66-acre, $10 billion sports campus in Las Vegas. The project vision of Oak View Group, with the aim of attracting an NBA franchise to the Vegas Valley. Oak View Group chairman and CEO Tim Leiweke made the pitch at the Las Vegas Global Economic Alliance’s Las Vegas Perspective event on Thursday. The campus would include hotels, casinos, restaurants, and other facilities. The company expects it to be “the largest development in the history of Las Vegas.” Mayor, Carolyn Goodman, said she expects the NBA will be among the next professional leagues to expand to Las Vegas. *Information found on ktnv.com
