Wynn Resorts is preparing to convert a 130-acre golf course in Las Vegas into Paradise Park, a $1.5 billion development with a 20-acre lagoon at its core. According to CNBC, the park was originally disclosed last year, but it wasn’t until just recently the company’s board approved the project.
The lagoon will include a white sand waterfront and host water sports during the day and fireworks shows at night. A boardwalk is planned for the lagoon, as well. The lagoon and beach area, which includes the boardwalk, retail, and restaurants, will be part of the first phase of the project. This phase should be completed no later than 2020 and is expected to drive other, following amenities.
Subsequent phases, of which there has been no word as to how many there will be, may include convention space, a new residential/hotel tower, and entertainment attractions. The tower may hold as many as “a couple thousand rooms,” Wynn Resorts Chairman and CEO Steve Wynn said during the company’s first-quarter earnings call.
Wynn’s vision is for Paradise Park to be a family destination with the lagoon providing a daily Disneyland-type show, but on a larger scale.
Paradise Park will sit adjacent to the Wynn Las Vegas resort complex just off the Las Vegas Strip. A media event is expected within the next few months to provide more details about the project.
Related Stories
| Sep 3, 2014
New designation launched to streamline LEED review process
The LEED Proven Provider designation is designed to minimize the need for additional work during the project review process.
| Sep 2, 2014
Ranked: Top green building sector AEC firms [2014 Giants 300 Report]
AECOM, Gensler, and Turner top BD+C's rankings of the nation's largest green design and construction firms.
| Aug 21, 2014
Ranked: Top convention center AEC firms [2014 Giants 300 Report]
Gensler, AECOM, and Hunt Construction top BD+C's rankings of the nation's largest convention center design and construction firms.
| Aug 19, 2014
HOK to acquire 360 Architecture
Expected to be finalized by the end of October, the acquisition of 360 Architecture will provide immediate benefits to both firms’ clients worldwide as HOK re-enters the sports and entertainment market.
| Aug 5, 2014
Shigeru Ban-designed Aspen Art Museum will open doors to public this week
After 18 month of planning and construction, the museum will open its new Shigeru Ban-designed facility to the public on August 9.
| Jul 28, 2014
Reconstruction market benefits from improving economy, new technology [2014 Giants 300 Report]
Following years of fairly lackluster demand for commercial property remodeling, reconstruction revenue is improving, according to the 2014 Giants 300 report.
| Jul 28, 2014
Reconstruction Sector Construction Firms [2014 Giants 300 Report]
Structure Tone, Turner, and Gilbane top Building Design+Construction's 2014 ranking of the largest reconstruction contractor and construction management firms in the U.S.
| Jul 28, 2014
Reconstruction Sector Engineering Firms [2014 Giants 300 Report]
Jacobs, URS, and Wiss, Janney, Elstner top Building Design+Construction's 2014 ranking of the largest reconstruction engineering and engineering/architecture firms in the U.S.
| Jul 28, 2014
Reconstruction Sector Architecture Firms [2014 Giants 300 Report]
Stantec, HDR, and HOK top Building Design+Construction's 2014 ranking of the largest reconstruction architecture and architecture/engineering firms in the U.S.
| Jul 23, 2014
Architecture Billings Index up nearly a point in June
AIA reported the June ABI score was 53.5, up from a mark of 52.6 in May.