Posted Jun 12, 2015, 11:33 PM
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![chris08876's Avatar](image.php?u=78284&dateline=1716603370) |
NYC/NJ/Miami-Dade
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Join Date: Jul 2013
Location: Riverview Estates Fairway (PA)
Posts: 46,520
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Concrete foundation started for Lucky Dragon boutique hotel
Quote:
Plans for a 2.5-acre site near Sahara Avenue and the Strip had the bad fortune of poor timing.
But the parcel’s owners hope to reverse that inauspicious start with a new project — one whose name beckons serendipity.
Builders started pouring the concrete foundation last week for Lucky Dragon, a nine-story, 201-room boutique hotel squeezed between the Golden Steer restaurant and the Allure condominium tower, at 300 W. Sahara Ave.
The project’s developer, Andrew Fonfa, didn’t respond to a phone call by press time and companies working on the hotel-casino declined to comment, but a 2012 Review-Journal article on the property’s approval by the Las Vegas City Council noted that it would be the only area resort targeted at locals from and residents of countries in the Far East, as well as the only property that “even attempts an Asian identity.”
Since then, Genting Berhad of Malaysia has moved into the market on the former Echelon site, and is building the $4 billion, 3,000- to 6,000-room Resorts World Las Vegas to appeal partly to middle-income Asians.
Resorts World Las Vegas broke ground on May 5, and on Friday, a construction crane was in action at the Lucky Dragon site as well.
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http://www.reviewjournal.com/busines...boutique-hotel
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