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    Caesars Entertainment Gets The Go Ahead To Build Strip Entertainment Plaza With 550 Foot Ferris Wheel QuadJacks Las Vegas News

    Posted by Quad Jacks July 12, 2011

    Construction could still be 18 months away, the fact that the project is back on the table is a good thing for Las Vegas



    The plans for this $400 million retail, dining and entertainment plaza right on the strip have resurfaced Tuesday night at a Paradise Town Advisory meeting.

    The plan is to build a 325,000 square foot outdoor corridor of bars, restaurants and shops which would sit between O’Sheas and the Flamingo was first envisioned by Caesars Entertainment back in 2006 when Jamie Gold was the winner of the largest WSOP Main Event in history. The project was put on the back burner due to the economic downturn.

    This project would give both O’Sheas and the Imperial Palace a face lift, I wonder if they know both those properties also need a full gut and restore on the inside as well? They would be be anchored by the 550 foot Ferris wheel.

    “Relatively speaking to the projects we’ve seen on the Strip over the past couple years, this is quite simple,” Caesars representative Tabitha Fiddyment said. “It will take underutilized real estate…and turn it into something totally different from what you see today.”

    The board approved many permits and the board members were enthusiastic about the new strip project for Caesars Entertainment.

    Caesars Entertainment has committed to funding this project however this is just the first step for the project to move forward, both planning and more permit approvals are going to be needed. It could be as long as 18 months until this project even begins the ground breaking ceremony.

    When I first heard about this project in the news today I was excited to see this massive Ferris wheel finally get built, however this is not the only one which has been given the go ahead in Las Vegas. Just a few miles down Las Vegas Boulevard another massive Ferris wheel is being built.

    Skyvue which is the other 500 foot plus Ferris wheel being build on the strip had their ground breaking ceremony back on May 23rd 2011. This wheel will have 40 heated and air conditioned gondolas that will each hold 20 to 25 passengers and is being built by Las Vegas developer Howard Bulloch.

     

     

     

     

     

     

     

     

     

     

     

    It is scheduled to be finished in the first half of 2013 and has reclaimed some old run down motels which in the past have sat vacant. A concerned board member said “We’d be the only major city in the world with two big wheels a mile apart. It would be insanity. It would be destructive competition,”

    Member Robert Orgill said the projects should be allowed to go head to head “and may the best man win.”

    Source: http://www.lasvegassun.com/news/2011/jul/12/board-oks-permits-strip-entertainment-district/

    Source 2: http://www.vegasinc.com/news/2011/may/23/las-vegas-developer-breaks-ground-500-foot-ferris-/

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