The US$850m project plans to become a 720-room hotel aimed at business travellers at the famous Las Vegas site.
US.- Developer Lorenzo Doumani has revealed his plans for the hotel project known as Majestic Las Vegas.
The US$850m project will be developed at 305 Convention Center Drive in Las Vegas, where the Clarion hotel used to be.
Doumani said he expects to break ground on the 720-room hotel aimed at business travellers in late summer or early fall, and finish the works in 2024, Las Vegas Review-Journal reported.
The top ten floors will feature 35 corporate suites, offered for between $10m to $100m.
The Clarion had 200 hotel rooms and was opened in 1970. Later, it was auctioned due to bankruptcy in 1998. The buyer, the World Wrestling Federation, planned to build a 35-story wrestling-themed casino, but ended up selling the property in 2000.
The new buyer also went bankrupt when the 2008 real state bubble burst. Finally, Doumani bought the property in 2014 and it was imploded in 2015 so that works could begin.
The new owner obtained the approval for the hotel in 2019 and hoped to break ground last year but confirmed the pandemic had delayed plans for between 15 to 18 months.