Dream Las Vegas is a new hotel built by Shopoff Realty Investments and Contour in Las Vegas, USA. Credit: Shopoff Realty Investments
The new hotel will be operated by Dream Hotel Group while the casino will be managed by Peninsula Pacific Entertainment. Credit: DLR Group
Dream Las Vegas will feature three stacked towers that increase in height from east to west. Credit: DLR Group
The grand opening of the hotel took place in July 2022 and is expected to be completed by the end of 2024. Credit: Shopoff Realty Investments.
Dream Las Vegas is a new hotel and casino being built in Las Vegas, Nevada, USA, by developers Shopoff Realty Investments and Contour, in partnership with Dream Hotel Group.
The hotel will be branded and operated by Dream Hotel Group, while the hotel’s casino and gaming will be managed by Peninsula Pacific Entertainment (P2E).
The land for the hotel development was acquired by joint venture partners and property development companies Shopoff Realty Investments and Contour in February 2020, while the necessary approvals for the project were obtained in October 2021. The groundbreaking work took place in July 2022 and construction is expected to be completed by the end of 2024.
Under construction with an estimated investment of $550 million, the hotel is expected to create 4,000 new direct and indirect jobs, of which 1,200 jobs will be construction-related.
Dream Las Vegas location
The hotel site is located at 5051 S. Las Vegas Blvd, near the Mandalay Bay Resort and the Bali Hai Golf Club. Developers say the hotel will be one of the first to be seen from the iconic Welcome to Las Vegas sign.
Additionally, the hotel is located adjacent to the private aviation terminal at Harry Reid International Airport and within blocks of the new Allegiant Stadium and T-Mobile Arena, as well as several hotels, casinos and malls. entertainment on S. Las Vegas Blvd. .
Dream Las Vegas Hotel Features
Dream Las Vegas will be a 20-story building developed on a 5.25-acre parcel of land. It will be 72.23m (237ft) tall and feature 531 rooms and suites, seven original dining and nightlife options, a third-floor resort pool, fitness center, day club and two bar and lounge concepts on the games floor.
Other hotel amenities include a lobby bar, artisan coffee shop, street-level gelateria, sports club, boutique nightclub, restaurant, and 24-hour restaurant.
Additionally, the hotel will offer a 20,000 sq. ft. (1,858 sq. m.) casino and game room, 12,000 sq. ft. (1,114.8 sq. m.) of meeting and event space, including an entertainment theater live 5,000 square feet (464.5 m²) with 90 spaces and on-site parking. with 825 dedicated places.
Dream Las Vegas developers envision creating a hotel that incorporates cutting-edge design and world-class hospitality to deliver an unparalleled guest experience.
The hotel will include three stacked towers offering dynamic games, entertainment, food and beverage venues and nightlife venues. The towers move and undulate vertically, creating a series of rooftop terraces that offer dynamic views of the Las Vegas Strip and surrounding landscape.
The hotel’s tallest tower will rise on the west side of the site. The building is designed to increase in height from east to west. The stacked levels appear to have been architecturally hewn and twisted, creating a unique design and bringing abundant natural light into the building.
The building will feature flat roofs behind parapet walls while the exteriors will feature glazed aluminum curtains and colored plaster. The terraces of the building serve as a bridge between the towers.
The facade design draws inspiration from the native cactus, desert landscape, and landforms that lend a distinctive architectural appearance and form to the exterior. Wavy lines draw the hotel tower, adding a modern texture that interacts with the desert sun in a unique way.
The glass and metal facade will include styling details such as rounded corners, spacious double-height decks and oversized windows, as well as aerodynamic elements.
Approximately 45 feet (13.7 m) of the western portion of the site will be allocated to the right-of-way, which will also include 15 feet (4.5 m) of landscaping and a detached 5-foot (1.5 m) sidewalk wide. Additional landscaping is also planned on the north and south sides of the site.
Shopoff Realty Investments launched a Qualified Opportunity Zone (QOZ) fund named Shopoff DLV QOZ in November 2020, to finance the project. The plan was to raise up to $200 million in capital to provide equity financing for the construction of the hotel.
DLR Group, a US-based architecture firm, was selected as the architectural designer for the project.
The hotel’s interiors were designed by New York-based architectural firms AvroKo and Rockwell Group, as well as the interiors division of DLR Group.
McCarthy Building, a Missouri-based construction company, is serving as the design-build contractor for the project.
Kaempfer Crowell, a Nevada-based law firm, acted as legal counsel to owners Shopoff Realty Investments and Contour during the development stages of the project.
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