NEW YORK â Hotel and brand management company Dream Hotel Group plans to launch its flagship lifestyle brand Dream Hotels in Las Vegas with a 450-room independent luxury hotel on the Las Vegas Strip in 2023.
The company signed an agreement for Dream Las Vegas with local developers Contour and Shopoff Realty Investments, which recently acquired 5.25 acres of vacant land on the Las Vegas Strip. The land is located at 5051 S. Las Vegas Blvd. near the intersection with Russell Street, less than a mile from the Mandalay Bay Resort. Construction of the hotel is expected to begin in early 2021.
âToday’s announcement is a testament to the strength of our brands, setting the tone for what will certainly be another record year of strategic growth for Dream Hotel Group,â said Jay Stein, CEO of Dream Hotel Group. âLas Vegas is a destination much like the Dream Hotels brand, marked by dynamism, youthful energy and a vibrant arts and entertainment scene unlike any other. Working with innovative development partners Contour and Shopoff Realty Investments, our goal is to create an experience-driven property that exceeds expectations, combining cutting-edge design, progressive programming and world-class hospitality with dining and unparalleled nightlife: a one-stop-shop, vibrant destination in the heart of Sin City. â
Scheduled to open in 2023, Dream Las Vegas will include 450 rooms and suites, seven restaurants and nightlife venues, including a rooftop terrace, bar and lounge, three restaurants, two additional bar and lounge concepts on the game floor, and a take-out coffee shop downstairs, as well as 12,000 square feet of private meeting and event space, a full-service spa, fitness center, and on-site parking .
Global architectural firm DLR Group is the designer and executive architect working closely with national general contractor McCarthy Building Companies Inc. on the project. The 21-story luxury hotel tower will feature a mix of venues distributed vertically across the rooftops and terraces of the hotel’s makeup.
The contemporary wavy design will feature a glass and shiny metal facade, with stylistic details such as rounded corners, spacious double-height decks, oversized windows and a unique aerodynamic character influenced by its context.
âThere’s no shortage of mega-resorts in Las Vegas, but there is a lack of boutique hotels that offer a more intimate, organized experience,â said David Daneshforooz, CEO of Contour. âA Dream hotel with its world-class food and drink offerings was an obvious choice for boutique execution on this site and will be a great addition to the Las Vegas Strip. It is a pleasure to work with the people of Dream Hotel Group; they are passionate about what they do, have an incredible vision of the hotel and restaurant industry and have a wonderful family culture. We are honored to help bring Dream Vegas to life. “