The southern edge of the Strip is slated for a new hotel.
Dream Las Vegas developers are scheduled to hold a groundbreaking ceremony for the 531-room casino on Las Vegas Boulevard, just south of Russell Road, on Friday. The project, which is estimated to cost around $550 million, is expected to include restaurants, nightlife, a third-level pool deck, and meeting and event space.
The opening is scheduled for the end of 2024.
Dream, which is being developed by Southern California companies Shopoff Realty Investments and Contour, would be much smaller than the mega-resorts that line Las Vegas Boulevard. It would offer a boutique-style experience in an ultra-competitive market dominated by hotels that often have thousands of rooms, huge casino floors, and a long list of restaurants, clubs, and other amenities.
Located next to the Las Vegas airport, the project also faced issues such as illegal drone theft, laser lights, and even hidden bombs in garbage trucks, prompting a series of changes to design.
Bill Smith, senior vice president of design and construction at Shopoff, told the Review-Journal that the resort will be the flagship property of New York-based operator Dream Hotel Group, which has Dream-branded locations in Manhattan. , Miami Beach, Nashville, Hollywood and Bangkok with many more in the works.
The approximately 5-acre project site, between the Pinball Hall of Fame arcade and a Harley-Davidson motorcycle dealership, is approximately one mile from Allegiant Stadium.
It’s also near the iconic “Welcome to Fabulous Las Vegas” sign, a popular attraction where photo tourists would capture Dream in the background of their shots, Smith pointed out.
Construction is expected to begin as the total number of visitors to Las Vegas continues to rebound from the devastating slump in 2020 when the pandemic hit and Nevada casinos raked in more than $1 billion a month in gambling revenue.
At the same time, people are also paying more for gas and other goods, and there are fears of a possible recession as the Federal Reserve moves to calm inflation.
Smith noted that Dream will be under construction over the next few years, and that the casino capital of America continues to expand its entertainment offerings, especially lately with professional sports teams.
“We are so excited to open in 24,” he said.
“Throwing Things Over the Fence”
Shopoff and Contour have announced plans for Dream in February 2020saying they planned to innovate in early 2021. The following month, the coronavirus outbreak brought much of Las Vegas’ economy to a halt, turning the Strip into a once-unthinkable ghost town of gated resorts.
Dream, meanwhile, eventually faced opposition due to its location next to the Harry Reid International Airport property.
As noted in Clark County filings last year, the proposal raised “safety and security concerns” about airport operations, and plans for the project were sent to multiple agencies, including the FBI, the Department of Homeland Security and the Secret Service.
The Transportation Security Administration released an assessment stating that the project was near an area of the airport “used for high-level individuals, special operations, and military aircraft parking,” and that the complex would “increase risks to aircraft and passengers due to active activity”. shooters and the ability to throw objects over the fence intended to cause harm” to people and aircraft, county documents show.
The TSA also said that the hotel’s proposed service road would make its border with the airport “more vulnerable to attacks by improvised explosive devices carried by vehicles delivered by a vendor or a garbage truck”, and that the Open areas planned for the third and ninth floors “provide a direct line of sight for laser and long-gun attacks” against aircraft and the airport, according to county documents.
Major airlines such as Southwest, Delta, American and United have all raised concerns about the project, citing issues such as illegal drone activity, lasers, lighting and billboards that “could potentially be a source of flash blindness”.
Project representative Tony Celeste of the law firm Kaempfer Crowell described several design changes made to the Clark County Commission during a hearing in October.
Dream’s porte-cochere was relocated, allowing developers to move the tower away from the airport property line and toward Las Vegas Boulevard, and its border with the airport would feature a 9-foot double-reinforced security wall high with railings and wrought- iron fence, he said.
A security checkpoint would allow only authorized vehicles onto the service road that surrounds the property, and grilles or spikes would be installed on the other side of the building to prevent drivers from avoiding this controlled entry, according to Celestial.
Sightlines to airport have been ‘significantly reduced’; the hotel’s now unique pool deck is said to have a 10-foot “decorative” security wall; all the balconies of the rooms have been demolished; and each room would have a “glass break detection system” that would alert security if someone tampered with the windows, Celeste said.
The shooter who attacked the Route 91 Harvest festival on October 1, 2017, killing 60 people and injuring hundreds more, broke through the 32nd floor windows of Mandalay Bay to target the outdoor concert grounds south of the Strip. He also fired several bullets at the airport’s fuel tanks.
At last fall’s hearing, county commissioners voted 6 to 1 to approve Dream’s project plans.
Commissioner Ross Miller – who at the hearing said the “first threshold question” was whether county leaders should “allow casino hotels directly above our airport” – voted on the only “no”.
At the time, Shopoff founder Bill Shopoff told the Review-Journal that the developers would likely spend upwards of $10 million on physical changes to the project that stemmed directly from the concerns and opposition they faced. .