SLS Las Vegas and Resorts World Las Vegas will be 2 new hotel/casino projects that are being developed on the North end of the Las Vegas Strip.
SBE entertainment purchased the old Sahara Resort in 2007. The company plans to unveil the 1,620-room SLS Las Vegas in fall 2014 on that site. It will be a luxury boutique property for the Los Angeles based company. They have already begun construction and are moving quickly to meet their 2014 proposed opening date.
As for employment, the resort will eventually employ roughly 2,700 workers, but the hiring process won’t begin until early next year. For now they are expecting to create 1,600 construction related jobs.
Also, the Malaysia-based Genting Group paid Boyd Gaming Corp. $350 million to acquire the mothballed Echelon development on the site of the former Stardust.
Genting said it would spend between $2 billion and $7 billion over the next few years to build the Asian-themed Resorts World Las Vegas. The project is expected to open in 2016.
Based on the time line, SLS Las Vegas should be open and operating by the time Resorts World is well into construction.
When completed, SLS Las Vegas will have an ultramodern look and style with elements straight from Hollywood Boulevard and the Sunset Strip.
Good news for our local economy to see 2 large scale projects in the works for the North end of the Strip.
For more information on this subject click here; http://www.reviewjournal.com/business/casinos-gaming/sls-resorts-world-projects-bring-new-energy-strips-north-end