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W Las Vegas was a planned condo-hotel resort near the Las Vegas Strip in Paradise, Nevada. It was announced in 2005 as a joint venture between Edge Group and minority partner Starwood Resorts. A contract to design the complex was awarded to New York-based Lacina Heitler Architects, following a competition featuring Swiss architects Herzog & de Meuron and Carlos Ott of Uruguay. It was initially expected to cost around $1.7 billion, and include 3,000 to 4,000 mixed-use hotel and residential units, a 75,000-square-foot (7,000 m2) casino, and an assortment of restaurants and stores. The project was planned for a site northeast of the interection of Harmon Avenue and Koval Lane, two blocks east of Las Vegas Boulevard.
In June 2006, the project expanded with the purchase of land previously planned for George Clooney's Las Ramblas Resort for $202 million.[1] Edge began looking for a third partner in the development in December 2006, citing rising construction costs.[1] But no partner was found, and in May 2007, Starwood pulled out, and W Las Vegas was canceled.[1] Edge Resorts stated that all 750 people who had reserved a unit were being issued refunds. The following August, 49 acres of the site were sold to a group led by the Africa Israel Group for a casino-hotel project.[2]
References
- ^ a b c "W Las Vegas resort project canceled". San Mateo Daily Journal. 2007-05-14. http://www.smdailyjournal.com/article_preview.php?id=74929. Retrieved 2007-06-01.
- ^ "Inside gaming column: W died, but Edge may have new plan". Casino City Times. 9 July 2007. http://www.casinocitytimes.com/news/article/inside-gaming-column-w-died-but-edge-may-have-new-plan-167278?contentID=167278. Retrieved 15 October 2011.
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