It's been said one of the most valuable pieces of real estate in Las Vegas is the 34-acre corner of Tropicana and Las Vegas Boulevard. Kentucky based Columbia Sussex Corp. obviously agrees as they just became the new owners of the Tropicana Resort - and immediately announced plans to demolish and remodel the current 1,880-room icon over the next two years.
Company officials said they would spend $2 billion to remodel the Tropicana to include 9,276 hotel rooms, 948 condo-hotel units, 85,460 square feet of casino room, 644,320 square feet of convention and meeting space; and 273,292 square feet of a retail space.
With the Residences just about all complete, and MGM's Project City Center under construction practically across the street, that little corner of town is getting more valuable by the minute and perhaps one day, we'll be referring to this section of town as "condo-hotel village".
It's way too early for any significant details with the Trop. However, make sure your next trip into town includes a visit to the Residences and Project CityCenter, as MGM won't let you down! All you have to do is contact me to arrange it.
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You check out The Condo Run yet? Hows LV treating you? Stay in touch!!!
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