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Friday, September 09, 2005

W Hotel High Rise Coming to Las Vegas

It's official - The "W Hotel" is coming to Las Vegas.

Edge Resorts has entered a joint venture with Starwood Hotels and Resorts and will be a 75 percent owner of the Las Vegas W hotel, while Starwood will own the remaining 25 percent and manage the hotel.

The project, intended to be a flagship for Starwood, will consist of more than 3,000 rooms and condos, a 75,000 square foot casino, and about a dozen restaurants and upscale clubs.

The hotel will be constructed at the corner of Harmon Avenue and Koval Lane, just behind the Aladdin (soon to be the Planet Hollywood) and MGM Grand, and right next door to the massive Hard Rock Hotel and Casino expansion.

Condo hotel and residential units will go on sale sometime in mid-October priced from approximately $550,000, and offering a combination of poolside cabanas, studios and one and two bedroom condominiums all attached to the W hotel.

This will be the W brand's first project to include a casino. Construction should start in early 2006 and expected completion is in 2008. Contact me now to be placed on the priority list for the "W Hotel" project. This is about as close to ground floor reservations as they get!

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