Gansevoort vegas Set to early open in 2014
The former Bill’s Gamblin’ Hall (seen right here) is being transformed completely into the Gansevoort Las Vegas for an earlier 2014 opening
Since the recession hit Las Vegas big time five years ago, it’s been a lengthy dry spell without any new casino spaces. Several that have been partially built had been then abandoned, although some of those, such as the Echelon-now-Genting-Resorts-World, are on their way back up.
Luxury Boutique Hotel Set to start in 2014
But before that behemoth is completed, a smaller but nonetheless very property that is visible be making its first: the formerly tacky Barbary Coast-turned-Bill’s-Gamblin’-Hall that is being transformed into the Gansevoort Las Vegas for an early 2014 opening.
The home in a prime real estate spot right opposite Caesars plus the Bellagio, on the corner of Flamingo and the Las Vegas Strip gets its makeover courtesy of Caesars Entertainment Corp. (whose spending habits, despite the highest debt ratio in the gambling industry, makes any sugar daddy’s girlfriend look frugal) and W.A. Richardson Builders.
The property has an interesting history, as therefore many gambling enterprises do on the Strip.
Special Licenses Required
When casino impressario Michael Gaughan who also owns the equine stable-equipped South Point in the Strip that is far south first the 1.7 acre property back in 1979, he built the Barbary Coast on it, but maybe not without jumping through some hurdles. After razing a run-down motel that sat on the site, Gaughan had to apply for special permits from the Clark County commissioners to accomplish one thing unusual: add parking levels over the ground-floor casino and below the three-story resort, as street parking was away from the question during the busy part.Continue Reading..