The Las Vegas Strip continues to see more casinos on the horizon. The Fountainbleu Hotel will open again in December after nearly two decades of on-and-off construction. Last year, Texas businessman and owner of the Houston Rockets and Golden Nugget Casino, Tilman Fertitta, announced plans for a new casino at Las Vegas Boulevard and Harmon Avenue.
Another possibility was revealed this week. The Fashion Show Mall may soon be covered by a new casino as well.
Howard Hughes Holdings (His Highness) owns an 80% stake in the area above the mall, and has announced plans to build a casino tower on the site. The announcement came as His Highness It also unveiled a new division called Seaport Entertainment to take over all of the company’s gaming and entertainment operations.
“Seaport Entertainment’s origins lie at the intersection of real estate and entertainment,” said Howard Hughes CEO said David R. O’Reilly.
Growing presence in Las Vegas
Visitors to Las Vegas have been heading to Fashion Show Mall since it opened in 1981. Those looking for some shopping will find stores like Macy’s, Nordstrom, Neiman Marcus, and Saks Fifth Avenue.
And while Las Vegas is no stranger to upscale shopping associated with a casino resort, this may be one of the few times a casino has been added next to a mall. His Highness/Seaport does not own the mall itself. The mall is owned by Brookfield Properties, but the planned casino will rise above the popular shopping destination.
Exact details about the casino are not yet known, but Seaport has added a casino industry management veteran to lead the company and the project. Former Anton Nicodemus MGM Executive Director of the Resorts and was named the Seaport CEO.
Nicodemus previously served as president and coo Developed by MGM’s CityCenter, responsible for The Cosmopolitan, Vadara and Aria. He also supervised the development MGM Casino Resorts in Maryland and Massachusetts, and brings that experience to the potential seaport project.
His Highness It also has residential, office and retail developments in Arizona, Hawaii, Maryland, New York and Texas. In Nevada, the company also owns the Aviators baseball team and a percentage of Jean-Georges Restaurants, which has locations in Bellagio and Aria. The company was also responsible for developing the planned community of Summerlin, located just outside of Las Vegas.
*Image source – Wikipedia APK
